The Lett Markowska project in Warsaw's Praga Północ district, being developed as part of the housing platform by Nrep, has received financing of PLN 60 million (ca. €14 million) from Santander Bank Polska. The funds will be allocated to the development of the investment, which includes 179 rental apartments. This marks the first collaboration between Nrep and Santander Bank Polska.

The location of the winter harbour in Bratislava is going to change to a new district, reports SME.sk. At stake are plots worth hundreds of millions. 

The European average home price was €5,666 per sqm during Q3, a 2.1% increase compared to Q1 2024, finds a report by Catella, which tracks 58 cities across 16 European countries. 

Real estate investment decisions in CEE are currently made considering various challenges, such as difficulty in predicting five-year exit strategies for investments, liquidity in the region, and concerns about the impact of ESG regulations on building compliance and financing, to name a few. CEE Property Forum 2024 in Vienna has taken a closer look at European investment trends in the panel chaired by Tim Wilkinson, MRICS, Head of European Acquisitions at Indotek Group.

In total, 121,000 sqm of office premises in 6 A-class office buildings that form a significant part of the Investika real estate fund´s portfolio in Poland has achieved international environmental BREEAM certification. Four properties have been certified at the “Excellent” level, while two have obtained the “Very Good” level. Successful BREEAM certification, one of the two most widely recognized international sustainability standards for buildings, is part of Investika real estate fund´s ESG strategy.    

Panattoni has launched construction work on Panattoni Park Poznań XIV in Głuchów, a new logistics hub in the Wielkopolska region. Gasa Group and Markat Plus are confirmed as the park's first tenants, with construction set for completion in February 2025.

7R Park Lublin East I, a 111,000 sqm logistics park, is now fully leased. The final and key tenant is Stock Polska, one of Poland's largest alcoholic beverage producers, which plans to move into the new location in the second half of 2025. The company has leased 57,000 sqm of warehouse space.

UDI Group is starting construction in another European market, Hungary after the new year. The mixed-use Parkside project in Budapest is planned near Váci Road with apartments and a hotel for medium and long-term accommodation.

Corwin is planning to reconstruct the building of the former bakery mill in its development and revitalisation of the Palma factory brownfield in Bratislava. The building coming from the 1930s is among the four industrial constructions that Corwin expects to preserve and restore. 

CPI Property Group is preparing for the launch of a rental housing investment fund, reports Hospodarskenoviny.cz. The stabilised rental properties are a conservative investment opportunity with relatively low returns.