Trei Real Estate GmbH, an international developer and asset holder for residential and retail real estate, has opened two new retail parks under the Vendo Park brand in Poland within a single week. The properties are located in Łuków (Lublin voivodeship) and Władysławowo (Pomeranian voivodeship). This means that Trei has achieved its objective of opening six Vendo Parks in Poland this year. The total value of the two investments equalled approximately €17 million.

The developer has begun construction work on Panattoni Park Kalisz in the city’s southwestern industrial district. It is to have 35,000 sqm of Class A space. The building is to be divided into small business units with the smallest module being 1,380 sqm. The first tenants in the park are to be logistics operators and they will start their operations in the building in April 2021.

Cushman & Wakefield have summarised Q3 2020 on the industrial market in Central and Eastern Europe. The CEE market is booming with record-high occupier activity reported in YTD 2020. The region has seen the strongest growth for logistics demand in Europe overall, predominantly driven by logistics and e-commerce. The acquisition of the Goodman portfolio by Gazeley is one of the largest logistics transaction seen in the region in the last decade and reflects the growing importance of the sector. Prime industrial yields remain at their 10-year lows.

Panattoni is demolishing the cement plant in Nowa Huta, where City Logistics Kraków I Is to be built with an area of 36,500 sqm. Additionally, a park is to be built in the centre of Konin on the site of a former grain elevator. Brownfield developments now comprise over 10% of all of Panattoni's projects and this proportion is very quickly rising.

City Park Hostivař in Prague 10 has been acquired by a Western European investment company, represented by BNP Paribas Real Estate. The name of the buyer and the purchase price has not been disclosed.

2020 has been dominated on the commercial real estate market in Poland by the pandemic, whose impact varied from sector to sector though. The pandemic has, however, given rise to or accelerated a number of developments, some of which are likely to stay with us for longer. Real estate advisory firm Savills explores future trends in its preliminary summary of 2020 and its outlook for the next 12 months.

After a year serving as a Non-Executive Director at 7R, Chris Zeuner has been appointed Chief Investment Officer and board member of the company. In his new role, effective from January 1st, he will be responsible for 7R’s further expansion which includes plans to enter new European markets

P3, the long-term owner and developer of warehouse facilities in Europe, expands its portfolio by two urban plots located within the Warsaw agglomeration, on which P3 Warsaw I and P3 Warsaw II parks will be built. Thus, urban logistics is yet another direction of the developer's intensive activities undertaken in Poland.

CTP welcomes Serbia’s leading electronics retailer, Tehnomanija, to Serbia’s largest industrial park, CTPark Belgrade North. The company has leased a newly built, 20,000 sq, logistics warehouse to support the large-scale expansion of its e-commerce activities.

Panattoni is to build a warehouse and production centre for OneDayMore in Poznań. The producer of muesli, porridge and other similar food products and snacks will occupy more than 8,600 sqm in the new urban logistics park in Poznań, where it intends to start a new production line – vegetable-based meat substitutes.