Net profit of PLN 51 million, an increase in the value of office projects under construction and handing over to customers 399 apartments – this is a brief summary of Q1 2022 results of Echo Investment Group. The developer also published its second sustainability report where it summarised last year's achievements and results in the areas of environmental, social and corporate governance.

The retail park in Pleszewo is a project located at 24 Armii Poznańska Street on the main route from Koszalin to Poznań. The facility was built on an area of over 10,000 sqm and offers 3,548 sq m of GLA. Its tenants are the international network brands known in Poland as well as local companies.

The volume of investment deals in the Polish market of industrial and logistics properties in the first quarter of 2022 was €191 million. And although the current economic situation and the high level of uncertainty related to the war in Ukraine pose new challenges for the logistics sector, in the long term, there will be no significant changes in terms of the volume of demand and supply. However, the growth rate of this part of the market may be lower than in previous years, according to the 7R and Colliers report “Logistics and Industrial Sector: Development Paths from the 2022 Perspective”.

Proptech provider Spaceflow has announced a new strategic partner, Swedish investment group Hydda. Now, with this investment, Spaceflow will be able to get closer to its global vision to connect buildings with their occupiers.

The majority owner of RSJ Investments is now the Co-Founder and Head of the Group, Libor Winkler, as another co-founder and presidential candidate Karel Janeček has sold all his shares. Janeček remains in RSJ's sister company, which focuses on stock trading, the daily E15 reports. Neither the group nor Karel Janeček would comment on the changes. 

In the first quarter of 2022, MLP Group almost doubled its net profit, which came in at PLN 29.7 million, having increased 84% year on year.

Year-end volumes for 2022 in Central and Eastern Europe could reach in excess of €12 billion but uncertainty around the war in Ukraine and economic headwinds, could impact this prediction, reveals a report by Colliers: CEE Investment Scene  Q1 2022.

The group entered the market with the acquisition of Le Masserie shopping centre in southern Sicily and a portfolio of 13 supermarkets, located mainly in Northern Italy. 

BNP Paribas Real Estate Poland has summarized the first three months in the Polish investment market and pointed out, among other things: reduction in investors' appetite and waiting caused by the war in Ukraine, combat with inflation, rising commodity prices, as well as a hesitant start of the year in the sector of logistics and industrial investments.

ESG can lead to a fundamental transformation of today’s business environment but for that to happen the approach of both landlords and tenants must change, according to the participants of the ESG panel at Prague Property Forum 2022.