Romanian developer Transilvania Construcții is recording a 45% increase in the demand for offices within its industrial portfolio in Romania.

Refield sold two retail parks, Pasaż Kępiński and Pasaż Grodziski, to Falcon Investment Management . These two assets, totalling 22,000 sqm GLA, were completed by Refield in late 2023. Earlier, the fund acquired Pasaż Golubsko-Dobrzyński in 2022. The total value of the transaction amounts to more than PLN 150 million (ca. €35 million).

HB Reavis is going on in selling off its portfolio in Bratislava. Land in the neighbourhood of the Forum Business Center office complex has changed hands, reports SME.sk.

The mixed-use project Rinzle Rača has received a decision from the EIA process about no further assessment, Yimba.sk reports. The project is planned in the area of Rinzle in the Rača district of Bratislava on a sloping terrain of former vineyards. 

Sorin Preda, CEO and Founder of Global Vision, talked to Property Forum about the company’s ongoing industrial developments in Romania, the focus of investments in large cities and the future of development marked by the regional nearshoring trend.

A new hall within Arete Park Zdice has been completed and handed over to its tenant, the Czech branch of the logistics service provider Kuehne+Nagel. After the opening of the new building, the total leasable standing area of the park in Zdice has increased by more than 41% to 24,808 sqm.

Panattoni has reached another milestone in the development of Wrocław South Logistics Hub. As a result of a new contract, one of its current tenants – a leading e-commerce operator – is to increase the size of its leased space by an additional 125,000 sqm. After the planned expansion, the tenant will occupy 180,000 sqm, or 70 pct of the park’s eventual total area. 

More and more foreigners are moving to Poland to work in the logistics sector, which already accounts for approximately 20 per cent of all foreign nationals working in Poland. The largest groups by nationality are Ukrainians, Belarussians and Georgians. Other rapidly growing cohorts of migrant workers come from India, Nepal, Bangladesh and Pakistan.

Industrial developer CTP has leased over 100,000 sqm of logistics space across its Hungarian projects to a Korean company specialised in automotive logistics.

Grand Development, founded by Romanian entrepreneur Ionuț Nicolescu, has closed a partnership with Radisson Hotel Group for the opening of its first five-star villas resort in Romania, near Brașov.