Panattoni is kicking off its first investments in Hungary. On the plot purchased in Herceghalom, 30 km from the centre of Budapest, Panattoni Park Budapest West will be built with a total space of 75,500 sqm. The developer has also acquired land for City Logistics Budapest I in Törökbálint, halfway between Herceghalom and the Hungarian capital. Both investments will encompass jointly up to 100,000 sqm.

CPI Property Group announced that the Group has signed disposals that will raise gross proceeds of about €700 million and net proceeds of about €550 million following repayment of associated asset-level debt.

Property developer Speedwell has signed a Promissory Sales Purchase Agreement for a 9-hectare land plot with the purpose of building a new project in Bucharest’s District 1. 

The current level of buying activity on the warehouse market shows that lands for warehouse and industrial projects remain in high demand. It is being driven by several overlapping phenomena originating in a range of market sectors. What plots are attracting the strongest investor interest? What regions are being targeted and why? Cushman & Wakefield is looking for an answer. 

A consortium of Penta Real Estate, Kaprain Group and Sekyra Group has acquired a land plot of 20,122 sqm from the University of Chemistry and Technology (VŠCHT) in the western part of Vítězné náměstí in Prague 6 for over €39 million (CZK 1 billion), Penta announced in a press release.

Property developer Novum Business Invest has purchased a new land plot of 15,100 near Carol Park in Bucharest for a new residential project with over 500 units. 

This year’s value of transactions on the investment land market in Poland is already record-breaking.

Bayer Property has bought an 11,000 sqm plot for residential development in Budapest’s District 10 from the GEOS Group.

The potential of the commercial real estate market in Poland is constantly growing, and the profile of projects that investors focus on is changing

Local residential developer Metrodom has bought a 15,000 sqm plot on Budapest's Soroksári út, where it plans to build a new residential quarter, property advisor CE Land, which brokered the deal, announced.