Immofinanz is concentrating on the strategic growth areas of retail properties and myhive office solutions in the current market environment and has sold the rights for joint use of the development concept for sustainable and affordable housing over single-storey buildings to Dietmar Reindl. This innovative residential concept will now be expanded to include implementation by this former Immofinanz Executive Board member under his own flag outside the Immofinanz Group. Immofinanz retains the right to implement the concept on its own properties at any time and remains the owner of the On Top Living brand.

GTC Group, present in Serbia for the past 20 years, has opened its newest office building in Belgrade. GTC X brings to the market 17,700 sqm of first-class office space in Block 41, located along Milutin Milanković Boulevard in New Belgrade. 

As part of an office development project by Wing, the Ligeti Auditorium will undergo a complete renovation while preserving its historical heritage, according to the company's LinkedIn page.  

Immofinanz leads the development of retail parks across Croatia, with plans for surpassing Supernova and becoming the market leader in Croatia, while local developers remain active as well, focusing on undersupplied locations and the outskirts of large cities.

Antracit Property will be building in two locations in the Czech Republic simultaneously. In Ostrava-Poruba it is preparing an industrial building for long-term lease, while in Pilsen it will also build a rental project on a brownfield site near the railway station.

The 143,000 sqm logistics facility of the Danish furniture retailer will serve more than 200 retail units in Hungary, Slovakia, Croatia and Slovenia. Online sales will be managed also from this centre. The complex was built by the Hungarian construction company Market Group.

Three Czech CPI Property Group (CPIPG) buildings that recently became part of the group portfolio were awarded LEED international environmental certification. Savills carried out the certification of all three buildings and supported the client in all aspects of the process, CPI PG announced.

Architecture and design studio Obermeyer Helika has completed the documentation for a building permit for its latest residential building, Semerínka. The project, which is expected to start building in Prague 5 in 2023, will include not only apartments and garage parking but also a community garden, Obermeyer Helika announced today.

WDP, the industrial and logistics projects developer, recorded EPRA earnings of €175.9 million in the first nine months of the year, up 17% compared to the same period of 2021. This was generated by the pre-let of new projects and organic growth via the indexation of leases as well as newly realized acquisitions and some non-recurring income. 

Czech development company Logport plans to develop key urban infrastructure in Jinočany near Prague. The first project of the company there will be the commercial and industrial complex Logport Prague West which should be completed in one year, the company announced.