Impact Developer & Contractor appointed Constantin Sebeșanu as Director of Development. Tinu Sebeșanu has over 25 years of experience in project development and asset management and will contribute to the company's expansion nationwide

December turned out to be a good month for construction companies and producers of building materials, according to the latest monthly report by research company Spectis, “Construction market in Poland – February 2021”. However, the outlook for the construction industry in 2021 remains moderately bleak, mostly because of a high comparison base of Q1 2020. That the second half of the year could see an upturn is yet suggested by higher order books reported by the top 20 construction companies.

Immofinanz CEO Ronny Pecik has signed as agreement to sell his stake in the Austrian company and consequently intends to submit his resignation from Immofinanz’s executive board.

Belgian company WDP, which is developing logistics and industrial spaces, has €116 million worth ongoing projects locally, according to data from the 2020 financial report. Last year, WDP finalised 223,000 sqm of logistics after an investment of €134 million.

Brothers Adrian and Dragoș Pavăl, the owners of the retailer Dedeman, took over 70% of the company through which the businessman Ionuț Dumitrescu develops a logistics park in Craiova under the Eli Parks brand, Profit.ro informs.   

Fashion House, part of  Liebrecht & wooD Group, announced that the new outlet from Bucharest is 70% leased and will open on March 25thh.

Panattoni has developed a BTS manufacturing facility for Phoenix Contact E-Mobility in Rzeszów. Modern charging systems for electric vehicles will be manufactured and tested at the 15,000 sqm facility, and the production plant will supply them to global companies and operators of the electro-mobility equipment & infrastructure. The products of Phoenix Contact E-Mobility include cutting edge High Power Charging devices, designed for rapid and safe charging of electric cars. The newly completed plant will also include research and development department for new products and technologies.

Total new units sold in Poland’s six largest markets in 2020 exceeded 53,000, a mere 19% y/y decline during the pandemic. Maintaining market prices meant that in terms of sales value, last year’s excellent performance was comparable to previous boom years. JLL summarizes Polish residential market.

In January 2021, Antoine Grolin, Chairman of Ceetrus and Founding Chairman of Nodi, announced the creation of a new mixed-use property management and development services company, Nhood. The change affects ten countries, including Hungary, Poland, Romania, Russia and Ukraine in CEE. The reason for setting up the new company is twofold. On the one hand, the separation of the real estate assets of Ceetrus Property and, on the other hand, the merging of the employees of Ceetrus and Nodi under a unified brand name.

AEW has acquired a newly developed city logistics asset in Warsaw, Poland. The asset was purchased from Panattoni in an off-market transaction on behalf of a separate account mandate for a German pension fund.