Build-to-rent (PRS), industrial and offices are the asset classes that will continue to attract investments in CEE this year, although a prolonged geopolitical crisis could hamper development plans, commented speakers during Property Forum’s latest online event which aimed to provide a property investment outlook for 2022.

Individual investors subscribed to all L-series bonds offered by Echo Investment. For the second time this year, the developer will issue securities with a total nominal value of PLN 50 million.

Driven by large-scale mergers and acquisitions, European multifamily investment volumes in the 12 countries analysed reached approximately €92.3 billion in 2021, a 79% increase y-o-y and a 120% increase on the past five-year average, according to Savills. In Poland, multifamily investment activity hit an all-time high of close to €725 million in 2021.

French asset management company MNK Partners has added the NC3 building in Warsaw to its MNK One portfolio. The office building is located on ul. Postępu in the city's Służewiec business district. The value of transaction has not been disclosed. 

At the turn of the year, property development and investment company Crestyl bought a residential housing project in Prague Radlice, in the vicinity of Radlická Street, from developer Red Group. The project in Prague 5, which has already been granted planning permission, will include over 150 apartments. The price of the transaction was not disclosed and the investment was made without the involvement of bank financing, Crestyl said.

Ghelamco has announced the sale of office buildings together with a retail and service passage in The Warsaw HUB complex. Google Poland is the purchaser, one of the main tenants of the building.

Cavatina Holding S.A. has placed in the public offering 3.5-year bonds with a value of over PLN 40 million. Debt securities of one of the largest developers of office space in Poland will go to approx. 560 investors.

The Robyg Group wants to increase the share of apartments for rent in its offer. In line with the strategy, by 2024, it plans to allocate about 4,500 apartments for rent. It also plans to expand its operations to other cities in Poland, the chairman of the supervisory board Oscar Kazanelson announced.

Low interest rates and high inflation continue to drive demand for investment properties with the residential asset class remaining highly popular. As more and more private individuals, family offices and trusts are diversifying their portfolios, Arnold Investments has greatly expanded their commercial property segment. Investments in critical retail properties, logistics and offices are currently interesting, but hotels are also performing surprisingly well. Multinational brokerage firm Arnold Investments, which supported almost 100 transactions in 2021, summarised key investment market trends in Austria and other regional countries.

A complex of three Komerční banka office buildings with an area of more than 12,000 sqm has been bought by Central Group in Prague 9. These are non-residential premises that can serve as emergency facilities and space for NGOs assisting refugees in the current war situation in Ukraine. The developer informed about the offer of the complex on its website, along with information about stopping the sale of apartments to citizens of Russia and Belarus who do not reject the aggressive and barbaric actions of their countries towards Ukraine.