There were 11,185 residential property deals made in Hungary in January 2021, according to the latest monthly transaction estimate by real estate group Duna House. This is the highest figure recorded for the month of January in the last five years.

CBRE Hungary has assisted Henkel in the sale of its Budapest headquarters in District 11 of the capital’s Buda side, the company announced on Linkedin. The buyer’s name and the transaction price have not been disclosed. 

The Castorama network of renovation and construction stores will expand with five new stores, which until recently operated under the Tesco brand. Each of them will be reconstructed, adapting not only to the standards of the new owner, according to DlaHandlu.pl.

Poland saw 33 new schemes delivered to the market in 2020 despite retail being in crisis. What does the future hold for the newly-built and existing shopping centres and retail parks? Beata Kokeli, Head of Retail Agency at Cushman & Wakefield, talks about trends in the retail sector.

Panattoni is preparing 36,500 sqm of warehouse space for Grupa Allegro – the largest online shopping platform in this part of Europe. The company is to move into A2 Warsaw Park, which is a huge development with one fully commercialised building of over 100,000 sqm. The new location will allow Allegro to develop its logistics platform to serve the companies that sell goods on its website and speed up the process of fulfilling orders. For this transaction, the tenant was represented by consultancy Colliers International.

Romanian car manufacturer Automobile Dacia extended its lease for the 69,000 sqm occupied in Pitești Industrial Park, a project owned by Globalworth. 

Atrium European Real Estate Limited has priced a €300 million inaugural green bond offering due 5 September 2027 under its EMTN Programme. The New Green Notes are issued by Atrium Finance Issuer B.V. and are guaranteed by Atrium. An amount equal to the net proceeds of the offering will be allocated to finance or refinance eligible projects and assets.

Katowice-based real estate developer DL Invest Group, which has managed to build a significant portfolio of office, retail and logistics assets across Poland, sees further growth potential in all three major asset classes. Dominik Leszczyński, Founder and CEO of DL Invest Group shared his expansion strategy for the coming years with Property Forum.

What the future holds for the office market has been one of the hottest topics of debate ever since the pandemic struck. What changes are to be expected in the office sector after the pandemic? Katarzyna Lipka, an expert of Cushman & Wakefield, outlines key trends for 2021 and beyond.

Muler Onofrei, the former CEO of Element Industrial, joins CBRE Romania in the position of Business Development Director. Muler will focus on the industrial sector, where he has gained extensive experience, previously working for international investors such as ProLogis and Panattoni and laying the foundations of local developer Element Industrial.