Globe Trade Center has presented its first-ever ESG report, summarizing the group’s achievements during 25 years across its six markets. The 2020 report presents data on GTC’s engagement in sustainable development, responsible construction and asset management, collaboration with local communities and responding to stakeholders’ expectations. GTC is the first among commercial developers to present an ESG report on the CEE market.

Modern mixed-use complexes, open to social interactions and meeting local needs, which today are winning over traditional office buildings, set the direction for the development of investments in the commercial sector 

Romania’s Impact Developer & Contractor says it secured a loan worth €10.6 million from CEC Bank that will used for the completion of the first phase of Boreal Plus residential complex in Constanța.

BPI Real Estate Poland has acquired a plot of land in the center of Wrocław for another project to be built in the capital of Lower Silesia. After Poznań, Warsaw and the Tri-City, this is the fourth location in Poland where the Belgian developer has recently purchased land with the intention to execute new construction projects. The acquisition of plots for new projects with a total gross surface area of 200,000 square meters is strictly related to the pursuit of BPI Real Estate Poland’s future development plans. 

Wood & Company has obtained a loan of €229.5 million, one of the highest amounts in the Slovak real estate market, to refinance the debt of the Aupark shopping centre in Bratislava. The financing will be provided by several European banking groups, all of which have operated historically in Slovakia. 

Savills Investment Management has entered into an agreement to form a strategic investment alliance with Samsung Life, the leading life insurer in Korea, and its real estate asset management subsidiary Samsung SRA. As part of this agreement, Samsung Life will acquire a minority interest in Savills IM Holdings Limited and commit capital of US$1 billion to Savills IM's investment strategies over the initial four years of the relationship. The transaction, which is conditional on various regulatory approvals and other customary closing conditions, is expected to complete in Q4, 2021.

The finalisation of the purchase of a controlling stake in Archicom, the sale of 463 apartments and handing over 154 apartments to clients, the start of leasing of two completed Resi4Rent projects in Warsaw, maintaining average leasing in all completed Resi4Rent buildings at the level exceeding 95%, as well as the sale of the Villa Offices building in Warsaw Brewery – this is a summary of Echo Investment's operating activities in the first quarter of 2021. During this time, the Group generated €5.46 million (PLN 24.5 million) of net profit.

VisionApartments, a company controlled by Swiss billionaire Anja Graf, has acquired a land plot of 15.6 hectares near Bucharest where it plans to start a complex real estate investment. 

The Black Sea Trade and Development Bank (BSTDB) has provided a loan worth €10 million to Garanti BBVA Consumer Finance. The funding will support residential investments in energy improvements and resource efficiency. 

Czech real estate developer and investor Crestyl, together with investment management firm Cornerstone Partners, completed the acquisition of Polish residential developer Budimex Nieruchomości. Budimex Nieruchomości was a subsidiary of Poland's largest construction group, Budimex SA, owned by the Spanish infrastructure giant Ferrovial.