In 2023, the share of imported construction materials in the Ukrainian market rose to 23% (compared to 14% in 2021). Experts note that the domestic construction materials market requires systematic support from the government. Iryna Nastych summarised the current situation in the Ukrainian construction materials market in an article prepared by the Ukrainian Real Estate Club for Property Forum.

Croatian investor Pemo Centar has announced the development of a new office building in Zagreb. The Business Centre Arena office building spanning 9,900 sqm will be delivered by Q4 2025 following an investment of around €20 million.

Romanian developer Forty Management will open this week, in Bucharest, a public access lagoon, part of Lagoon Park Bucharest project, following an investment of €33 million.

JLL will be responsible for leasing Atenor's future projects in Poland. Based on the success of Lakeside, Atenor has decided to entrust JLL with the commercialisation of its next two projects: Lakeside II i.e. the modernised UBC II building and FORT 7.

A retail park in Bielsko-Biała, which is being built on the site of a Tesco shop on Warszawska Street, has a new owner. Redkom Development, responsible for the construction and commercialisation of the facility, sold the project to Newgate Investment, a company specializing in managing the value of retail properties, especially retail parks. The price has not been disclosed.

Mitiska REIM has secured a €40 million refinancing with mBank for a portfolio of four Polish food-anchored retail parks. Representing a combined gross leasable area (GLA) of nearly 34,000 sqm, the convenience centres are located in the cities of Września, Turek, Lubliniec and Wodzisław Śląski, and were developed by Mitiska REIM’s Polish partner, Karuzela Holding, and are owned in joint-venture with the FRI 2 fund.

Property group CA Immo has appointed Vojtech Ozorovsky as Head of Asset Management for Austria and CEE. He joined the company in 2020 as Senior Asset Manager.

More action, less talking - this is how one can summarise “The future of decarbonisation - How to build and rebuild for a better future” discussion panel, which was a joint part of the conferences Future of Real Estate 2024 and Poland ESG Forum 2024, held last week in Warsaw. Both events were organised by Property Forum.

These are the last few days to register for the LEED for Cities and Communities Pro Training scheduled to be held in Warsaw on Monday, June 10th. The workshops will take place from 8:30 to 17:30 on Monday at the Colliers Poland office where coffee and lunch will be provided. All training material will be provided by the organizers. 

The developer WOAL, where JTRE and Cresco Real Estate are partners, has been preparing the concept of the development of the former Culture and Recreation Park in Bratislava for almost 10 years. For its part, Cresco has already received a valid decision on the location of the building earlier in 2024. JTRE, based on the announcement on the official board, is starting the proceedings for its parts now, reports YIMBA.sk.