Compared to neighbouring Poland or Slovakia, rental prices for industrial properties in the Czech Republic can run up to one-third higher. Low vacancy rates and a small supply of immediately available space are forcing tenants to prefer more competitive offers from neighbouring countries, as shown in the regular quarterly industrial property market report published by Colliers.

Real estate investor Martin Ladyr, through property management software company Swrop, has bought the office building known as Atrium House in Prague 10 from the investment group Cimex. He has also confirmed plans to reconstruct and modernise it gradually.

Romanian developer Redport Capital has started the construction of the third phase of The Level Apartments project in northern Bucharest.

Mihnea Cristescu, Project Manager & Sustainability Consultant, Cushman & Wakefield Echinox, spoke with Property Forum about the cost approach to sustainable developments and the role of consultants in shaping real estate projects with strong ESG credentials.

CTP has been appointed by dog food manufacturers PsiBufet and Butternut Box to build a specialist facility to produce fresh dog food for distribution across continental Europe.The specialist new facility is being developed in a build-to-suit model at CTPark Zabrze.

CPI Property Group Poland has successfully concluded a green refinancing transaction with Aareal Bank amounting to more than €277 million for three office properties in Warsaw.

Panattoni has delivered Panattoni Park Kraków East IV. The development is now to be financed with a €10.5 million loan granted by Bank Gospodarstwa Krajowego. The centre has been fully leased out to OMEGA Pilzno.

Industrial developer CTP has expanded its partnership with delivery company Cargus following the inauguration of a new warehouse in Sibiu.

Cushman & Wakefield has taken over the management of the OC Opatovská shopping centre in Prague 4, owned by Conseq realitní fond.

The mixed-use complex Lake Station in Nové Mesto in Bratislava by Intrade Asset Management has managed the EIA process extremely quickly, reports Yimba.sk. Dominant towers are planned on the former brownfield near the railway station.