The authorities of Gdynia state that the maximum amount of useable residential floor space that the city needs by 2045 could be as high as 11.29 million sqm. With this much space around 266,000 people could live in the city – currently, there are around 246,000. For the city's further development both public and private investment is needed. The restrictions imposed because of the pandemic have harmed both sectors. The city of Gdynia has announced that most of the planned investments will be completed, some will be delayed, and others are to be developed as PPP projects.

Slovenian company Iskra has become the new owner of a pharmaceutical industrial/logistics asset in Montenegro, located in Donja Gorica, on the outskirts of Podgorica. In addition to this acquisition, Iskra also bought several pharmacies in Montenegro, ekapija reports.

Central Poland, located at an intersection of Poland’s two main motorways, is one of the largest industrial markets in the country. Its logistics locations boast many advantages and the region itself continues to enjoy a growth potential despite its size, said Katarzyna Misztal, Junior Negotiator, Industrial and Logistics Agency, Cushman & Wakefield.

The Globalworth Foundation provided an office space from the Globalworth group to the authorities in Bucharest for a vaccination centre. Led by the public authorities of Bucharest, the activity of the centre will consist of vaccinating as many people as possible in the third phase of the national vaccination campaign.

In the largest cities, we can observe the implementation of spectacular office projects. Completion of some investments affects the classification of the tallest buildings in Poland.

CTP has announced the acquisition of an industrial park in Žilina, consisting of existing buildings and land for further development in a strategic location near Žilina airport. The new park will provide a leasable space of 145,000 sqm after completion. CTP plans to invest €200 million over the next two years to more than double its current Slovak portfolio of 460,000 sqm in 12 locations to 1 million sqm of lettable space.

In Romania, CTP aims to complete the construction of its new buildings with a total area of 300,000 sqm by the end of 2021 and the investments dedicated to these projects will reach €200 million.

The workplace of the future needs to prioritize health, says Darren Allen, Development Manager at Romanian office developer Genesis Property. He talked to Property Forum about the IMMUNE Building Standard, a global certification standard to certify the built environment’s level of immunity to withstand present and future health challenges.

Savills has been instructed as sole letting agent for office and retail space in the Wratislavia Center in Wrocław, managed by the Austrian investor FLE GmbH.

MAN Truck & Bus Center, located in Małopole near Warsaw, has been sold by 7R to Interpierre Europe Centrale fund, managed by PAREF Gestion, part of PAREF Group, a global investment and asset management company. The seller was represented by Avison Young's investment team throughout the transaction.