Panattoni Europe is developing another warehouse facility for an e-commerce business. This time it is expondo Polska, which will take up 30,000 sqm at Panattoni Park Zielona Góra, currently under development. The tenant will be able to move into the complex already in the coming October.

Cushman & Wakefield has published a summary of the first quarter of 2018 on Poland’s regional office markets. Following the record-breaking performance in 2017, the total office stock of regional cities rose by 3% q/q by the end of Q1 2018 to 4.5 million sqm. The average vacancy rate for the regional markets was down 0.6 p.p. at 9.3%. The largest concentration of development activity is in Wrocław and Krakow.

NEPI Rockcastle, through its subsidiaries, has acquired Aura shopping centre in Olsztyn, Poland for €64.9 million and Ozas shopping centre in Vilnius, Lithuania for €124.6 million.

MAX Immo has been appointed as an exclusive partner for the leasing of City Palais building situated in Prague’s “Golden Cross”. Redevco, the owner of City Palais commissioned MAX Immo to secure the leasing. The building provides office, retail and residential space on an area of 7,500 square metres.

JLL's industrial real estate portfolio has expanded with the warehouse development called DOCK, owned by Dock Ingatlan Kft., in the Csepel Free Port area of Budapest. Following the real estate development in the 3.5-hectare area, a total of 15,000 square meters will be available for rentable warehouse space. Additionally, as a further development potential, the owners also highlighted the area of 80,000 square meters located on the northern part of the Free Port.

CTP continues to grow its industrial and logistics portfolio in Romania, the Czech Republic and Hungary. The developer also secured €35 million refinancing for two of its Czech hotels. CTP posted an update on its operations in several countries.

Digitisation and automation are transforming the property business, not just in Western Europe but in CEE markets as well. 200 people came together at the second Prague Property Forum 2018, a conference organised by Property Forum and RICS, where an international group of speakers discussed the effects of technology on the property business.

LPP SA, the owner of brands including Reserved, Cropp, House, Mohito and Sinsay, has leased 16,000 sqm at Panattoni Park Gdańsk III, which will be dedicated to e-commerce. The complex is currently under development, and the tenant will be moving in already in Q3 2018.

Sofia-based Lion's Head Investments, a wholly owned subsidiary of local AG Capital, has asked for the Bulgarian competition regulator’s approval to acquire Megapark business centre in the capital.

CPI Property Group announced the acquisition of Atrium Centrum & Atrium Plaza office buildings in Warsaw, Poland. Atrium Centrum & Atrium Plaza are seven-storey office buildings located in the centre of Warsaw. The two office buildings have an aggregate GLA of 31,869 sqm and include a medical centre, a restaurant, a bank, a pharmacy, a premium fashion store and 410 parking lots. CPIPG worked directly with the seller, which was a fund under the management of Peakside Capital Advisors.