The Investika Real Estate Fund, Czechia’s largest non-bank open-ended mutual real estate fund for retail investors, acting jointly with its JV partner – BUD Holdings SA., has acquired five logistic parks from Polish developer 7R. The transaction value exceeds €150 million. Thanks to that, it is the largest logistics property investment transaction that closed in Poland this year and the second-largest logistics property investment transaction that closed in 2024 in Central Europe.  

Altex Romania retailer has purchased DIY network Brico Dépôt Romania from Kingfisher in a deal worth €70 million. The closing is expected to take place in H1 2025. 

Panattoni has finalized the sale of two industrial parks – Panattoni Park Ruda Śląska III and Panattoni Park Kraków East II – to an international investor specializing in commercial real estate as its entry to Poland. The total transaction value reached ca. €70 million.

7R has sold Park Wrocław West II warehouse park in Kąty Wrocławskie. The purchaser is EQT Exeter, a global real estate investment manager. The price has not been disclosed.

Prague representatives and representatives of Czech Railways have signed a purchase agreement for the Žižkov Freight Station building and the surrounding land, reports E15.cz. 

Revetas Group has announced the disposal of the Metropolis development project to the Slovak development company Koruna Group. The asset comprises 476,000 sqm of land for development located near Bratislava. 

Countries in the Southeast Europe (SEE) region are making significant efforts to adapt EU regulations in order to attract international investors. Several nations have successfully utilized both domestic and foreign capital to improve infrastructure, and certain market segments have outperformed expectations, setting the stage for further development in the coming years. These insights were highlighted during CEE Property Forum 2024, held in Vienna at the end of November.

Skanska’s Warsaw office development – P180 – has been sold to Investika Real Estate Fund and its joint-venture partner, BUD Holdings. The P180 office building, located next to the Wilanowska metro station, offers 32,000 sqm of high-standard office space.

The real estate market in Southeast Europe has been influenced by various crises in recent years, leading to lower investment levels. However, in 2025, a growth in investment activities is expected as a result of lower interest rates. Investors are particularly interested in the Balkans region, especially in Serbia, with the highest demand anticipated for investments in the hotel and residential sectors, while demand for office space is somewhat lower. These are some of the conclusions drawn by participants at the 8th edition of Balkans Property Forum 2024, organized in Belgrade by Property Forum.

Manova Partners has announced its repositioning as an independent real estate asset manager. The company was founded in 2000 as GLL Real Estate Partners and has been part of the Macquarie Group since 2018. As of December 2024, Manova Partners operates as a fully independent entity. Poland is among its key targets in the near future.