EPP’s near- and long-term science-based targets have been validated by the Science Based Targets initiative (SBTi). By 2050, the largest asset manager of retail real estate located in Poland commits to achieve net-zero greenhouse gas (GHG) emissions across scopes 1, 2 and 3. 

7R finalised the sale of 7R Park Szczecin and 7R Park Łódź West II. The new owner of the properties became P3 Logistic Parks. The price has not been disclosed.

The second phase of the Park West project has been delivered in Budapest. The Hungarian developer plans two more phases in this project.

Real estate investments are a great protection against inflation, especially compared to alternative asset classes. Michael Wagenhofer, Head of Capital Markets at Arnold Investments talked to Property Forum about investment trends.

Shopper Park Plus Zrt., a regulated real estate investment holding company that owns and operates a portfolio of 18 retail properties, aims to float new ordinary shares and to list its ordinary shares in the BSE Premium category. Retail investors can subscribe for shares from October 9, 2023, with OTP Bank Nyrt. and Concorde Értékpapír Zrt. as distributors. Retail share subscription opens on October 9. 2023. In addition to professional investors, Hungarian retail investors will also be able to participate in the Budapest Stock Exchange’s (BSE) first euro-based initial public offering.

With a total value of $379.7 trillion at the end of 2022, real estate is worth more than the global equity and bond markets combined and is almost four times the size of global GDP, shows a Savills report.

What's driving ESG investments in 2023? This question was attempted to be answered by the participants of one of the panel discussions at the CEE Property Forum 2023 conference, which was held last week in Vienna. We write about some of the answers they found in the summary below.

NEPI Rockcastle, the biggest owner of shopping malls in Romania, has donated a boulevard to Craiova municipality. The road was completed following an investment of €10 million and will streamline traffic around the Promenada Craiova retail project, which will open on October 5. 

Real Management S.A. has signed a lease agreement with Dr Irena Eris for warehouse and office space in its own development, an industrial park Good Point V in Łubna, near Warsaw. The warehouse space of 8,500 sqm and office space of 500 sqm is scheduled to be handed over to the tenant in Q3 2024.

A record 2.6 million sqm of warehouse and industrial space was delivered across Poland in the first half of 2023 amid clear signs of new-build construction slowing down. The Polish industrial and warehouse stock has doubled in size in the last five years, with Poland being one of the fastest-growing logistics markets in Europe, reveals Savills.