REICO’s ČS real estate fund has decided to sell the Platinium office building in Brno to Czech investment group RSBC. The Platinium building was the longest-held property in the fund's portfolio.

Romania’s Financial Supervisory Authority (ASF) has approved the listing prospectus of One United Properties. The developer aims to sell a 10% stake in an Initial Public Offering (IPO) carried out on the Bucharest Stock Exchange. 

Panattoni is launching Wrocław Campus 39, its largest project in Lower Silesia. The developer has already leased almost 85,000 sqm of the park to two tenants – 78,000 sqm of which will be used for e-commerce. Currently, 160,000 sqm is under construction, half of which will be ready in September this year. Campus Wrocław 39 will eventually offer 200,000 sqm and is to be BREEAM ‘Excellent’ certified.

Savills has examined both employee-driven and occupier/employer-driven factors to assess which global cities may see a faster transition to hybrid working post-COVID-19. From an office occupier perspective, New York, Paris, London, Berlin and Frankfurt may be primed for a faster transition to hybrid working, given comparatively high office costs, already flexible working practices and extended lockdowns, while less flexible working cultures in Mumbai, Shanghai and Ho Chi Minh City mean that any transition to hybrid working may be slower.

Starting already from June 14th this year, customers can do shopping within seconds in the first Żappka Store opened within the premises of the Poznań International Fair. The Żappka Store is usable with an application and it has neither checkouts nor attendants. Because the facility is available 24/7, customers can use it at any time of day or night.

Patrizia has sold Le Palais, a multi-let mixed-use asset in Warsaw, Poland, on behalf of institutional clients to the Generali Europe Income Holding (GEIH) fund managed by Generali Real Estate SGR.

New York, Los Angeles, London, Tokyo and San Francisco are the top five most resilient cities in the world, according to Savills, as they continue to harness their power as gateway locations, benefitting from a virtuous circle of large companies gathering to take advantage of business ecosystems and large talent bases, thereby attracting more talent, contributing to strong economic performance and robust real estate markets.

MSL Logistics, a supplier of pharmaceuticals’ logistics services, has expanded its leased space within CTPark Chitila by 6,660 sqm. 

According to the new forecast presented by WIFO, the Austrian partner of the Euroconstruct network, construction in the Euroconstruct area is set to register a 3.8% growth this year. Yet, Hungary still awaits negative growth rates this year, although the drop in 2021 is foreseen to be lower than last year.

The data centre market in Poland is worth over PLN 2 billion, according to a PMR report. The number of local companies that are deciding to outsource IT services and implement cloud solutions is growing. This trend means that international technology giants and companies from the CEE region are looking to establish a presence in Poland. In response to their needs, 7R, as part of its expansion strategy, has decided to expand its offer to include data processing centers.