7R has obtained financing for expanding the modern logistics complex 7R Park Lublin. The loan agreement has been signed with a syndicate of banks – Santander Bank Polska and mBank. Ultimately, the park will consist of five buildings with a total GLA of nearly 110,000 sqm. Bremer is the General Contractor of the project responsible for the work.

CTP, the developer and administrator of industrial projects, recorded a like-for-like rental growth from its investment portfolio of 4.3% in the first six months of 2022 compared to the same period of last year. 

Garbe Green Park Piestany in Western Slovakia is on course. The first 4,700 sqm hall is fully leased. The second hall, which will have a final area of 18,000 sqm, is just starting to be built. It should be ready early next year. The news was announced today by the developer.

Panattoni has completed the expansion of a factory for a European hygiene products manufacturer - from 26,000 sqm to 70,000 sqm.

Bucharest recorded 10 of the 14 major property transactions closed in the first half of 2022, while the overall volume of investment rose by 6% to €323 million compared to the first half of 2021, according to real estate consultancy CBRE. 

REICO ČS LONG LEASE, managed by REICO IS ČS is acquiring the APS consumer battery manufacturing site located in Gniezno, Poland. The value of the fund's new acquisition amounts to approximately CZK 511 million (€20.4 million). The fund has already added this third property to its portfolio since its inception in May last year.

CTP plans to install photovoltaic power stations in its CTParks with a peak performance of 200 – 250 MWp and with the growth of their portfolio reaching 300 MWp.

Transport and logistics operator SLS Cargo has leased another 11,412 sqm in P3 Bucharest A1 logistics park and will occupy more than 30,000 sqm in the project following the latest lease transaction brokered by JLL Romania.

Sorin Preda, CEO, Global Vision, spoke to Property Forum about the industrial projects they are currently developing nationwide and the potential of the Constanța region to become a production hub for companies around the world. Together with Globalworth, Global Vision has €500 million of secured investment capital and is counting on a growing demand for industrial space in the coming years.

In the Q2 of 2022, the Slovak economy was primarily marked by flaming inflation that puts raw materials costs at new heights. On the other hand, in the same period of this year, the Slovak industry recovered. This was mainly due to the automotive industry which continues to be the driving force of Slovakia’s economy. The office market went through a major change, as most of the stock was reclassified by the Bratislava Research Forum. And in retail, there were fewer projects under construction due to consistently growing construction materials costs and delivery length, the Cushman & Wakefield presents in their new Marketbeat report on the Slovak economy.