The Prague municipality is offering Komerční banka (KB) CZK 3.65 billion (€143,865 million) for the building on the corner of Wenceslas Square and Štěpánská Street, reports Newstream.cz.

Panattoni has finalised the sale of a centre in Lower Silesia. An international real estate company has purchased Panattoni Park Wrocław West Gate with a total area of 46,900 sqm. The price has not been revealed. 

On 1 March 2024, Savills expanded its Operational Capital Markets (OCM) division in Poland to provide advisory services for property investors, developers and operators across all operational real estate sectors.

Charles Boudet, CEO of iO Partners, spoke to Property Forum about the ongoing expansion plans of the real estate consultancy in the region and the trend of foreign investors returning to their core markets.

The investment group Natland has become the owner of land near the newly reconstructed main railway station in the city and at the same time also the owner of the Stromovka Kladno development project.

S Immo has signed a contract to sell Zagrebtower to the OTP Group. The office building comprises a total net area of almost 26,000 sqm and has a BREEAM International In-Use Excellent certificate. The transaction is expected to close in the third quarter of 2024, subject to the necessary regulatory approvals.

Futureal Investment Partners, a member of Futureal Group, and 1 Asset Management, an investment management company, backed by real estate development company Hanner, have announced the successful transaction involving the division and sale of two buildings within Lipowy Office Park located at Żwirki I Wigury St. in Warsaw, Poland. The price has not been revealed.

In 2023, MLP Group delivered a satisfactory set of results, both from the operational and financial point of view, driven by strong leasing performance on warehouse space across all its markets. The company recorded 29% revenue growth, with 2024 set to be the harvesting time.

The retail park in Przeworsk (Rock Park), which had its grand opening at the beginning of February this year, is undergoing a change in ownership after just a month of operation. The seller is RockCapital, and the buyer is ME Invest, a company owned by TERG S.A., the owner of the Media Expert chain. The Avison Young investment team represented the seller in the transaction process. The price has not been disclosed.

Immofinanz is taking another step in optimising its portfolio by selling two office properties in Vienna. The properties in the 20th district of Vienna have been sold to an Austrian real estate investor. This sale follows several others executed by CPI Property Group, Immofinanz' majority owner, in a bid to raise cash for repaying debts.