Panattoni has finalized the sale of City Logistics Warsaw IV, a 39,000-square-meter logistics complex located in Warsaw. The buyer is an international entity specializing in real estate investments. The transaction is valued at €53.5 million. 

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Romanian developer Cityring Property is exploring a new residential development on a land plot of 6.5 hectares in northern Bucharest close to Atria Urban Resort, where it launched the last development phase.

MLP Group S.A. has successfully closed its debut senior green notes offering, worth €300 million (approximately PLN 1.3 billion). Citi and Santander Group acted as Global Coordinators and Physical Bookrunners for the issue.

Newport Logistics Fund, an investment company, announced the launch of Newport Logistics Fund III, a pan-European fund that will finance the development, leasing and sale of sustainable logistics properties.

Romania’s residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data. 

With the first interest rate cuts in the Eurozone in a long time, optimism has also returned to the banking sector, as the participants of the banker panel at the CEE Property Financing Update 2024 conference unanimously concluded. However, it is limited by factors such as the uncertain political situation in the United States or the EU taxonomy, through which many older buildings may become troubled assets for their owners. The event, held at the end of September in Warsaw, was organised by Property Forum and law firm CMS.

Hungarian developer Biggeorge Property has extended its existing portfolio with an international residential property development division (Biggeorge Homes International) in Q4 2024, and brought aboard three new leaders to successfully implement its European expansion plans. Founder and CEO Tibor Nagygyörgy welcomes János Martin CEO, Zinaida Onczay-Vojnár International Business Development Director and Gábor Bakonyi-Kiss International Investment Manager in the group’s leadership. 

Gestor, a Hungarian private real estate investment and asset management company has acquired the Portal Mediterraneo retail park in Spain from Mitiska REIM. Savills acted as an intermediary in the successful transaction. 

Galardia Shopping Center in Starachowice (Central Poland), developed from a greenfield by Stage Capital and Sierra Balmain, has a new owner – Future Estate. The agreement finalizing the transaction was signed on September 26, 2024. Avison Young's investment team represented the seller as the exclusive sales agent. The price has not been disclosed.