The alliance aims to combine the decades of construction experience of the DVM Group and the extensive industrial general contracting experience of Greenfield Development. However, the new partnership does not represent a merger.

Lion’s Head Investments, the commercial real estate investor owned by Old Mutual Property and AG Capital, has secured €150 million in fresh funding from the International Finance Corporation (IFC), part of the World Bank Group.

The S3 hall in P3 Ostrava Central has been leased to retailer Bezvapostele.cz. The company is planning to operate a sales warehouse in the building from August 2024.

Panattoni continues its investments in the East of Poland with the handover of another development in the Lublin region. The first tenants are now starting their operations in Panattoni Park Lublin IV.

Construction is underway for 7R's inaugural Green Saver product in Kąty Wrocławskie, Poland, aimed at reducing both CO2 emissions and operating costs. 7R Park Wrocław West II has just secured a total of PLN 87 million (€20.3 million) in financing from Bank Pekao S.A.

Industrial demand has shifted from logistics service providers to manufacturing companies. CBRE is reporting a year-on-year increase of 22 percentage points to a 53% share of total demand in the Czech Republic.

IAD's Prvý realitný fond real estate fund has acquired through its real estate company Logis Rugvica d.o.o. a plot of land intended for development in the Sveta Helena area, near the Croatian capital Zagreb. With this project, Prvý realitný fond is successfully starting its activities on the Croatian market.

CTP has expanded the Polish capital’s warehouse market by more than 67,000 sqm through the delivery of two new buildings at CTPark Warsaw South. This completion means the industrial and logistics complex in Mszczonów, near Warsaw, is now almost 90 per cent complete.

The development pipeline of logistics centres is still powerful around Budapest but some of the players seek other opportunities near regional industrial cities. However, landlords need to adapt to market changes while adjusting their rental conditions. Property Forum asked Gábor Halász-Csatári, Head of Industrial & Logistics Agency at Cushman & Wakefield about the latest trends in meeting demands and the pivotal role of fulfilment services in Hungary.

The newest, and first in Central and Eastern Europe, factory is being built in Świdnik by the Trilux Group, a global lighting supplier. The 23,000-square-meter plant, which meets BREEAM certification criteria, will be built by Panattoni.