Romanian property holding Meta Estate Trust says it recorded a gross profit of 7.2 million lei (€1.5 million) during 2022, which was the first full financial year since the launch of the company. Its total revenues amounted to 21.7 million (€4.4 million), while the assets reached 98.6 million lei (€20 million). 

This year, Mint Investments will continue focusing on creating above average returns with minimum risk for its investors in the Czech Republic and Slovakia. Katarina Lindbergh, Partner of Mint Investments discussed this year’s plans for new residential projects in Prague and Bratislava with Property Forum.

According to Cushman & Wakefield, 2022 witnessed a recovery in commercial real estate investment activity in CEE, with the year closing marginally up compared to the previous year. Total investment volumes in Central and Eastern Europe came in at €10.7 billion, up by 6.6% year-on-year. With more than €5.7 billion worth of deals, Poland continued to lead the way across the region.

Panattoni has sold its strategic Wroclaw Campus project in southwest Poland to P3 Logistic Parks. The project totals 185,000 sqm. The price has not been disclosed.

Álmos Mikesy has been a member of the company board for the last two years and has now been appointed as Chairman and CEO of Diófa Asset Management.

NEPI Rockcastle, the biggest owner and developer of shopping centres in CEE by market value, said its net operating income soared by 17% to a record of €405 million compared to 2021 over strong tenant turnover and base rental growth.

Markets are expected to remain subdued in H1 2023 due to the negative sentiment in the economy, the significantly higher financing costs and the subsequent pricing correction that is currently playing out in both CEE and many other global markets, reveals a report by Colliers.

Five metro lines and a tram network that will connect all 18 districts of Warsaw by 2050. These are the main elements of a new study for the expansion of rail transport in Warsaw, which was presented by the mayor of the city, Rafał Trzaskowski last week.

The effects of higher interest rates have yet to cause too much distress within the likes of the Prague market, says Richard Britten-Long, Chairman of the Supervisory Board at Českomoravská Nemovitostní, in an interview for Property Forum. He also talked about key market drivers, including ESG.

Investors in Poland are looking for projects that can ensure a good profit. Will we soon see a flood of investments based on changing the function of existing real estate on developed land? Piotr Szymoński, Director at Walter Herz tries to answer that question.