Drees & Sommer has released its Innovation Scouting Report 2024 this week. This year, in terms of technology trends and relevance, Trend Radar1 has placed AI first with 23.4%, big data analytics second with 15.3%, and Internet of Things (IoT) third with 11.9%, followed closely by cloud computing and digital twin.

Residential broker North Bucharest Investments (NBI) says it has concluded over 520 real estate transactions in H1 2024, up by 30% compared to the same period of last year.  

Wing will open next year a new 4-star hotel with direct terminal access to the Budapest Liszt Ferenc International Airport. The hotel will be operated under a management agreement with Accor.

Avison Young is announcing the opening of a new business line - Industrial Agency. The new service will be built by a team of renowned market experts acquired from a competitive firm.

Cushman & Wakefield has summarised the situation on the Polish retail market in the second quarter of 2024. There were eight new retail completions with the development pipeline comprising approximately 400,000 sqm. This indicates healthy supply levels amid unwavering occupier demand and strong retail sales, shopping centre footfall and turnover figures.

The joint venture between Partners Group and Peakside Capital Advisors has launched the construction of the C2 facility at City Point Targówek. The light industrial building will offer 25,000 sqm of space with units starting from 1,000 sqm. Depenbrock Poland is the general contractor for the project.

Developer Immocap has confirmed the acquisition of the plot right in front of the railway station Bratislava - Nové Mesto, Yimba.sk reports. The previous owner, Merius, has planned to build the Semiramis residential project on this exposed land between the station and the Kuchajda Lake.

CA Immo and Morgan Stanley have signed the prolongation of a long-term lease agreement for around 20,000 sqm in Budapest-based Millennium Tower office buildings I-III.  

Daniela Lazea, Partner at Biriș Goran, spoke to Property Forum about the growth in renewable energy and industrial investment in 2024 and the potential for the transaction market to outpace in 2024 the volume of around €500 million posted last year.

Panattoni has signed a lease contract for over 16,000 sqm in Panattoni Park Goleniów I with logistics operator Fiege. With this deal, the entire 60,000 sqm park has been fully commercialised.