Romania saw new construction volumes expand by 64% in 2023 compared to the previous year, reaching also a record in gross value and growth rate from the past decade, according to the EBI Construction Activity Report.
Falling interest rates and higher incomes of Romanians coupled with increasing attractiveness of residential renting will drive the home affordability index, according to research by the Eastern European Construction Forecasting Association (EECFA).
The Media Expert electromarket chain has joined the ranks of tenants at the Big Łubna park. A 700 sqm outlet has opened in the shopping complex near Warsaw.
EPP-managed Power Park Kielce has strengthened its offer in the DIY and hobby segment. A multimarket of the Swedish Jula chain has opened in the facility with a total area of more than 1,700 sqm.
JLL and its company Tétris, which specialises in the design and arrangement of commercial interiors, have decided to relocate their Kraków office to the Unity Centre complex. The new office comprises 300 sqm and is located on the 16th floor of the building.
New appointments
CPI Property Group announced the appointment of Agnieszka Baczyńska, the current Head of Leasing Retail, to the newly created position of Business Excellence Director in Poland. She will be responsible for implementing the operational efficiency strategy and monitoring its progress, as well as supervising projects related to business transformation.
Marta Busłajew joined the 7R team as Head of Marketing and Communications, where she will oversee the development and execution of marketing and communication strategies aligned with 7R's growth plans.
Savills announced that Wojciech Mazur has joined the Office Agency - Landlord Representation. He will support commercial property owners in the processes of leasing.
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