CPI Property Group announced the successful issue of ten-year senior unsecured bonds and hybrid bonds with a total value of €1 billion.

Crowdberry, an investment platform enabling private investors to invest in Czech and Slovak companies and real estate, has launched a new qualified investor real estate fund, the CB Property Investors Subfund (CBPI). The fund aims to invest €30 million over the next three years to deliver a portfolio of ca. +€75 million in total value. CBPI will focus on value-add real estate across different asset classes and will target above-market returns of 10+% p.a. for investors by unlocking and elevating the value of Czech and Slovak real estate.

Heimstaden Bostad AB announces its second acquisition in Poland, consisting of three build-to-rent projects in Warsaw with 647 residential units of 29,851 sqm and 11 commercial units of 1,068 sqm for approximately SEK 842 million (PLN 381 million) and an option to acquire an additional 60 apartments. The seller and developer is Marvipol Development SA.

The latest annual report by specialist business property advisor Christie & Co reflects on the themes, activity and challenges of the previous year and forecasts what 2021 might bring across the hotel investment sector in various European countries.

Nikodem Iskra, CEO of Murapol, one of the largest residential developers in Poland, believes that in 2021 the residential market will shake off the effects of the pandemic. He foresees further increases of apartment prices – in his opinion record-low interest rates are not only stimulating the mortgage market, but are also a strong impulse for investment activity

In 2020, demand for office space in regional cities was 16% lower compared to 2019, the vacancy rate increased by 3.2 pp and the volume of office space under construction is at its lowest in about five years. Advisory firm JLL summarizes the situation in the Polish office market at the end of 2020.  

One United Properties announces the lease agreement with Superbet for an 8,206 sqm office space in One Cotroceni Park in Bucharest. 

Element Industrial, owned by businessman Ionuţ Dumitrescu, announces the start of a new project in Buftea Chitila area, near Bucharest. .

Resi4Rent, the largest private company with subscription-based apartments, has expanded its offer by nearly 230 units in Warsaw. The first residents have just moved into the project located in the heart of Mokotów business district.

Ghelamco has started preparations for the construction of The Bridge skyscraper. The building will stand at the intersection of Towarowa and Grzybowska streets, next to Plac Europejski (European Square) in Warsaw.