Greykite European Real Estate Fund I, its affiliates, and White Star Real Estate have announced key milestones in the transformation of the Digital Ursus site in Warsaw, signalling the successful early repositioning of a former logistics property into a strategic digital infrastructure hub.

The Hungarian government has submitted for public consultation a proposal to amend the regulation commonly referred to as the “mall stop” (Government Decree No. 143/2018 (VIII.13.)), which governs the operation of commercial units larger than 400 sqm. The consultation period closed on 10 June. Legal experts from international law firm Taylor Wessing have analysed the potential implications of the proposed changes.

Octane Capital Partners and Peakside Capital Advisors have jointly acquired two urban logistics properties from Panattoni, marking the launch of their new investment partnership in Poland. The properties, located in the Warsaw metropolitan area, offer a total of around 24,000 sqm of BREEAM-certified warehouse and office space.

Danilo Djurović, CEO of Monting Development, talked to Property Forum about the current state of affairs in the Polish residential market, environmental responsibility and business partnership with football star Robert Lewandowski.

Erste Group Bank and its Romanian subsidiary BCR have jointly provided €21 million in refinancing for the Day Tower office building in Bucharest. The loan facility was signed with Danube Capital Partners.

BLD Poland, part of Bulgarian investment group AG Capital, has acquired a plot in Warsaw’s Białołęka district for a new residential project that will include nearly 90 housing units. The site is located near Głębocka Street, close to parks, schools, and the Targówek retail centre.

M Core has significantly expanded its retail portfolio with over €150 million in strategic investments over the past six months and has an active pipeline exceeding €200 million in projected developments over the next two years.

Romanian developer Iulius is investing €28 million in its third retail park under the Family Market brand in Tomești commune, Iași County.

Contera has begun preparatory and construction work on the City Site project in Bratislava, according to YIMBA.sk. The former brownfield is being transformed into a space for small business units.

Hagag Development Europe has started the construction for the second and third phases of H Pipera Lake residential complex in Pipera, near Bucharest, after securing the permits from local authorities.