ARTICLES LABELLED WITH TAG development

News Bratislava brownfield to become urban warehouse complex
13
Sep
2023

Bratislava brownfield to become urban warehouse complex

by Property Forum
A complex of urban warehouses and sales and exhibition spaces is to be built on the border of two Bratislava districts, Rača and Vajnory. According to the developer Alto Real Estate, the project named STORE.TO could include small distribution centres, e-shops and facilities for small businesses, production and services or for buying directly from the warehouses. However, the future design has not yet been disclosed, but the cost of construction is estimated at €24 million, yimba.sk reports. 
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News New office building in Žilina gets put into operation
12
Sep
2023

New office building in Žilina gets put into operation

by Property Forum
The Obchodná office building, which is part of the new NordCity zone in Žilina, a town in the north-west of Slovakia about 200 km from Bratislava, has been approved and put into operation. Among its largest tenants are international companies Siemens, BeLenka, Ipesoft and GoodRequest. Behind the construction of the entire zone is the developer Reinoo whose owner is entrepreneur Milan Dubec. 
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News Resi development activity in Hungary hits 10-year low
11
Sep
2023

Resi development activity in Hungary hits 10-year low

by Property Forum
Few multi-unit residential construction works started in Hungary, a little above HUF 50 billion, mainly a few larger projects. And although Q2 brought a rise in Activity-Start, the value of the indicator was far below the quarterly numbers of 2017-2019 and 2021-2022, according to the latest EBI Construction Activity Report.
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News PSN builds another residential project in Prague Modřany
11
Sep
2023

PSN builds another residential project in Prague Modřany

by Property Forum
PSN has launched a new project, Ahoj Vanguard, in Československého exilu Street, near the former Microna factory, which is currently being converted into Vanguard Prague industrial housing with 150 lofts. They will be connected not only by an underground tunnel but also by a common background with a spa and wellness area with a swimming pool. The new construction of Ahoj Vanguard with 94 apartments is characterised by colours and a large amount of greenery. The new PSN project is scheduled for completion at the end of 2024.
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News Prominent Czech architect acquires Riveroff building in Prague
06
Sep
2023

Prominent Czech architect acquires Riveroff building in Prague

by Property Forum
The Riveroff building in Holešovice, part of the Port7 office complex near the Troja Bridge and Holešovice railway station in Prague, is changing hands. Brno-based businessman Jan Čermák has sold it to South Bohemian company 4 MTK, backed by Martin Krupauer, a prominent Czech architect from České Budějovice, e15.cz reports.
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News Crestyl secures permission to build 200 apartments in Prague
30
Aug
2023

Crestyl secures permission to build 200 apartments in Prague

by Property Forum
The new residential project Semerínka, backed by the developer Crestyl, has received a building permit and construction will begin during the autumn. The Semerínka project in Prague's Radlice district, consisting of four blocks of varying heights, will offer 185 apartments.
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News Panattoni to build new hall for Korea's Hanon Systems in Kladno
28
Aug
2023

Panattoni to build new hall for Korea's Hanon Systems in Kladno

by Property Forum
Panattoni will build a new hall for Hanon Systems, a Korean manufacturer of parts for air conditioning and cooling systems for cars, in the Kladno-South industrial zone. The entire existing site with the existing hall will also undergo modifications. 
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News Panattoni's new hall in Pilsen to house Panasonic production
28
Aug
2023

Panattoni's new hall in Pilsen to house Panasonic production

by Property Forum
Panattoni Park Pilsen West II has a new tenant, Panasonic Heating & Ventilation Air-Conditioning Czech. The hall's premises with a total area of over 24,600 sqm will be used for the production and storage of control boards for air conditioners and heat pumps manufactured in the Czech Republic. 
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News Delayed construction of Ritz-Carlton hotel in Prague goes on
22
Aug
2023

Delayed construction of Ritz-Carlton hotel in Prague goes on

by Property Forum
The Ritz-Carlton luxury hotel, which is to be built in the heart of Prague after the renovation of eight historic buildings, and was delayed is now moving forward again. The long-planned construction of a five-star hotel was supposed to be completed last year, but the new completion date is now set for 2025 at the earliest. The reconstruction will also include 26 apartments for long-term rent, writes E15.cz.
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News Synapsis Property Ventures to build new hotel in Bratislava
09
Aug
2023

Synapsis Property Ventures to build new hotel in Bratislava

by Property Forum
Synapsis Property Ventures plans to build a new type of hotel at the entrance to Železná studienka in the office zone next to ESET's headquarters in Bratislava. The plan has already received a positive investment decision from the City of Bratislava. The total cost of the construction is estimated by the developer to exceed €50 million. The project is co-financed by Tatra Banka. 
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

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