Scandia Română Development, the real estate division of the Scandia group, has announced the commencement of works on a new residential project in Sibiu.

7R will deliver two more buildings for InPost – the leader in logistics services and owner of the Paczkomat parcel locker network. The two projects, totalling 20,000 sqm of warehouse space, are being developed in Pomerania: at 7R Park Gdańsk IV and 7R Park Słupsk.

Addleshaw Goddard announced its entry into the Polish market through the agreement with Linklaters for the transfer of its Warsaw office. The new Warsaw office of AG will serve as a regional hub, enabling the firm to deliver legal expertise and services to clients across Poland, the CEE region and Turkey. 

Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.

In 2024, more than 20% of real estate transactions conducted via the ABFSwap fintech platform, which provides tools for cryptocurrency transactions, were related to property sales. This prompted the company to conduct an analysis of the current market, identifying key trends, and barriers, and collaborating with experts to propose solutions for further market development.

Panattoni has secured financing for its investment in the Pomerania region—Panattoni Park Gdańsk City Airport. The project consists of two speculative distribution halls being built near Gdańsk Airport. Santander Bank Polska granted the €17.3 million loan.

MLP Group recorded its strongest leasing performance to date in 2024. Over the year, the group leased a total of approximately 305,000 sqm of space, including 225,000 sqm under new contracts – an 82% increase year on year. During this period, MLP Group secured 22 new clients, while 20% of total leasing activity came from existing tenants.

In the fourth quarter of 2024, Warsaw’s office market continued to experience stable occupier demand amid constrained new supply, with tenants seeking to secure spaces in the city centre and expecting sustainable solutions, reveals the latest report from BNP Paribas Real Estate Poland.

Logicor has started the construction of a new logistics park in the Logicor Prague-Průmyslová zone. The park is close to the southern part of the Prague Ring Road connecting the key strategic highways D1 and D11. 

Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.