ARTICLES LABELLED WITH TAG development

Following the extension of the Eurovea waterfront, JTRE presented its new project in Bratislava. The project called Downtown Yards will transform a former industrial site into a residential area. Sales and construction will start next year, and the project already has a building permit.

Penta Real Estate has begun construction works on a new office building in Bratislava‘s Chalupkova zone at the beginning of December, ASB reports.

At the peak of the construction season, there were double-digit year-on-year drops in the issuance of building permits and approvals, the Statistical Office of the Slovak Republic reports. The number of started dwellings was significantly behind even the pre-pandemic period, but the completion was higher. The pace of completion and the start of construction slowed year-on-year in up to 6 regions.

The new OC Tehelko shopping centre, part of the National Football Stadium complex in Bratislava, was opened by developer Grafobal Group, owned by businessman Ivan Kmotrík, INDEX reports.

Panattoni has launched the construction of City Logistics Kraków III, the latest 25,000 sqm development on the city limits. Walraven, an international producer of installation fixings, is to occupy almost 4,500 sqm.

Panattoni has completed a logistics centre for DHL Parcel. The 32,000 sqm centre in Robakowo is going to be the developer’s third industrial development in Poland to be awarded a BREEAM certification rating of Outstanding.

Gdańsk-based developer Torus Logistics has announced the acquisition of a building permit for its new initiative, Gdynia City Logistics which will be developed in in partnership with BTV, a boutique asset and development management company specialising in logistics real estate.

Over the past year, many residential markets in CEE that have historically depended on credit buyers, have experienced a significant slowdown. This is not the case with Serbia’s residential market which has been dominated by cash buyers. At the same time, the local commercial real estate market also remains attractive to foreign investors, especially for the development of logistics and industrial facilities. These are just some of the conclusions of last week‘s Balkans Property Forum 2023, organised in Belgrade by Property Forum.

Panattoni is expanding its portfolio within the boundaries of Łódź. The developer has started the construction of the first hall within Panattoni Park Łódź West II, which will occupy 70,630 square meters. Almost half of this space will be taken up by Rohlig SUUS Logistics.

Apart from the Northeastern part of Hungary, home of many developments of Infogroup, Southern counties also have huge industrial potential which should be materialised, says Ádám Székely, Managing Director of Infogroup. Property Forum asked him about the ways and risks of warehouse and logistics developments in the country.