ARTICLES LABELLED WITH TAG development

Greykite European Real Estate Fund I, its affiliates, and White Star Real Estate have announced key milestones in the transformation of the Digital Ursus site in Warsaw, signalling the successful early repositioning of a former logistics property into a strategic digital infrastructure hub.

Danilo Djurović, CEO of Monting Development, talked to Property Forum about the current state of affairs in the Polish residential market, environmental responsibility and business partnership with football star Robert Lewandowski.

BLD Poland, part of Bulgarian investment group AG Capital, has acquired a plot in Warsaw’s Białołęka district for a new residential project that will include nearly 90 housing units. The site is located near Głębocka Street, close to parks, schools, and the Targówek retail centre.

A new retail park has opened in Pyrzyce, marking the town’s first modern shopping centre. The project was developed by PKB Inwest Budowa in partnership with Scallier, which handled site selection, acquisition, advisory, leasing, and is now overseeing the sales process

The Romanian real estate market stands at a critical juncture, balancing significant potential with complex regulatory challenges, according to leading industry experts who recently gathered to discuss the sector's future at our Bucharest Business Forum 2025.

Construction of the Emonika complex in Ljubljana has entered its next phase, marked by a groundbreaking ceremony hosted by OTP Group at the project site. As Slovenia’s largest real estate development, the complex is scheduled for completion by the end of 2027. Property Forum was on site to report from the ceremony.

Eika Asset Management (EAM), part of the Eika Group, has begun development of a logistics park in Nowy Modlin, north of Warsaw. The first phase comprises 28,000 sqm of A-class warehouse space, nearly 60% of which is already pre-leased. Bricomarché, a leading home and garden retailer in Poland, is the anchor tenant, represented by SQM Advisory. Waimea Holding is the project developer and Kajima Poland the general contractor.

The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.

Shares in real estate company GTC were down 8% to PLN 3.99 on the Warsaw Stock Exchange since March 19, while the yield on its euro-denominated bond rose to 13% following financial issues related to its parent company, Optima Befektetesi Zrt.

The industrial parks sector in Ukraine continued its dynamic growth trajectory in 2024, building on the momentum established in 2022-2023. Virtually all private or municipal stakeholders demonstrated significant progress, with qualitative advancements across the board. The year 2025 is poised to accelerate this development further, the Ukrainian Real Estate Club reports.