ARTICLES LABELLED WITH TAG development

Responding to the extremely buoyant demand, Hungarian residential property developer Cordia is adding more than 300 new homes to its supply by the end of the year. This move will increase the number of new homes available in Budapest's 8th district by a third, while in the 1st district the company's development will essentially represent the entire new home supply. The company, a member of the Futureal Group, will have a record year this year, delivering around 50% more homes than last year and tripling the number of apartments sold.

Local developer Haberl Real Estate announced a new residential project, Green Atrium in Bratislava’s Ružinov district. The project consists of 3 blocks and an inner block. It will provide 83 residential units, underground parking and up to 1,500 sqm of greenery located in the courtyard and on the roofs of buildings. Start of construction is expected to take place in Q3 2022, while completion is scheduled for 2025.

The multimodal complex next to Brno Airport, jointly developed by Brno Airport, belonging to the Accolade Group, and developer Panattoni, is now fully leased. Tenants such as Coca Cola, DHL or Zásilkovna are now joined by major companies s Erba Lachema from the Erba Group, Noviko and Reda.

CTP is expanding CTPark Prešov Juh in eastern Slovakia with two new halls with an area of 60,000 sqm.

The ribbon has been cut on the new Le Dôme winery in the historic Saint-Émilion village in Bordeaux, France's most famous wine region. Designed by British architectural studio Foster + Partners, the winery building’s project manager is JTRE.

CTP officially opened two more buildings in Brno for young local and expatriate professionals and young families. Both buildings can accommodate more than 200 individuals and are follow-ups to the successfully established Domeq I, which the company launched in Brno about four years ago. Due to their larger rooms, the two new buildings are designed to be more for individual residential living rather than co-living, as was the case for Domeq I.  CTP continued this residential project in response to the current high demand in the housing market that is not just seen in Brno, but the whole country.

ESET, a global leader in cybersecurity, unveiled its plans for the previously announced ESET Campus – an innovation and technology hub based in its headquarters city, Bratislava, Slovakia. The 55,000 sqm campus designed by architectural studio BIG-Bjarke Ingels Group will house the company’s new headquarters and will become a centre of excellence, creating strong cybersecurity, AI and innovation ecosystem for Slovakia and Central Europe.

Garbe Industrial Real Estate GmbH has launched the development of 8,000 square metres in Garbe Green Park Piešťany. A new space comprising 3,000 square metres will be occupied by Inalfa, a designer, producer and supplier of roof solutions for the automotive industry. The remaining 5,000 square metres will be delivered speculatively and available for lease from May 2022.   

A 21,000 sqm logistics park is being built in Biatorbágy, near Budapest, along the M1 highway. The LogiCube Park, developed by Defactoring Zrt., will offer sustainable warehouses along with office space, primarily for small and medium-sized enterprises. The first phase of the project, which represents an investment of HUF 1 billion, will start in November this year and is expected to be handed over in the last quarter of 2022.

Panattoni has revitalised another brownfield site for investment group Accolade. They have returned industry to a location where it has historically thrived, the former Kavalier glassworks site in Hostomice, in the Teplice region. The first tenant of the new industrial zone named Panattoni Park Teplice South is the Czech sanitary equipment retailer Sanitino. It has started operating a distribution centre, which will gradually serve the whole of Europe. The transformation of a brownfield, with more than a century of glass history, into a modern zone for light manufacturing and distribution of goods, with an investment of more than half a billion, is therefore continuing successfully.