All posts by fletcher@cijeurope.com.

INTREAL Names Jan Ferdinand Executive Director Sales

IntReal International Real Estate Kapitalverwaltungsgesellschaft mbH (INTREAL) has appointed Jan Ferdinand as Executive Director Sales, effective 1 October 2025. The move is part of the company’s plan to expand its sales team in line with the growth of its product range and its strategic development into a broader real asset platform.

Ferdinand is a trained banking specialist and certified financial analyst with around 25 years of experience at banks and investment houses in Germany and Switzerland. He has held several senior positions, focusing on the establishment and optimisation of professional sales structures.

His appointment follows the recruitment of Julia Eickmeyer as Director Client Relationship Management in July 2025, further strengthening the company’s client-facing functions.

Commenting on the appointment, INTREAL Managing Director Malte Priester said the company has built a strong position in the German market as a third-party AIFM for the real estate sector, while increasingly expanding into the wider real asset segment. He noted that this strategic shift requires an expanded team of qualified specialists, particularly in sales and client relations, to meet evolving client demands.

INTREAL Names Jan Ferdinand Executive Director Sales

IntReal International Real Estate Kapitalverwaltungsgesellschaft mbH (INTREAL) has appointed Jan Ferdinand as Executive Director Sales, effective 1 October 2025. The move is part of the company’s plan to expand its sales team in line with the growth of its product range and its strategic development into a broader real asset platform.

Ferdinand is a trained banking specialist and certified financial analyst with around 25 years of experience at banks and investment houses in Germany and Switzerland. He has held several senior positions, focusing on the establishment and optimisation of professional sales structures.

His appointment follows the recruitment of Julia Eickmeyer as Director Client Relationship Management in July 2025, further strengthening the company’s client-facing functions.

Commenting on the appointment, INTREAL Managing Director Malte Priester said the company has built a strong position in the German market as a third-party AIFM for the real estate sector, while increasingly expanding into the wider real asset segment. He noted that this strategic shift requires an expanded team of qualified specialists, particularly in sales and client relations, to meet evolving client demands.

Trei Expands U.S. Residential Portfolio with Two Completions and Two New Projects

Trei Real Estate has expanded its U.S. portfolio with the completion of two residential developments and the launch of two new projects, bringing the combined investment volume across the four schemes to around €290 million.

The company, together with local partners, has completed Atlantic Nowell Creek in Charleston, South Carolina, and Apela House in Jacksonville, Florida. Atlantic Nowell Creek, located within the Nowell Creek Village waterfront community, consists of eight buildings with 320 apartments covering 30,000 square metres. Construction began in June 2023 with an investment of €98 million. Apela House, situated in northern Jacksonville close to retail, restaurants and the airport, adds 285 apartments across 24,800 square metres, with a project volume of €54 million.

In parallel, Trei has started work on two further multi-family developments. On Merritt Island, Florida, the company is developing Fortenberry, a 296-unit project spread across five four-storey buildings. The apartments will feature balconies and access to shared amenities including a swimming pool, clubhouse and gym. In Matthews, a suburb of Charlotte, North Carolina, Trei has broken ground on Connery Midfield Station, a 157-unit development for residents aged 55 and above. The community will include fitness and yoga facilities, a pool with barbecue area, a club room and a garden. Both projects are scheduled for completion by 2027 with a total investment of €138 million.

Pepijn Morshuis, CEO of Trei Real Estate, said that demographic and economic trends continue to support rental demand in the southeastern U.S., where high housing prices and mortgage rates limit homeownership for many households. He noted that demand for age-restricted housing is particularly strong as the population of adults over 55 grows, with Connery Midfield Station designed to meet this need.

Compass Group to Open Catering Space at Revitalised PRISMA in Frankfurt

Patron Capital and Sonar Real Estate have signed Compass Group as the next tenant at the PRISMA office complex in Frankfurt’s Lyoner Quartier. The company has leased 1,345 sqm of catering space and is scheduled to move in by spring 2026.

Compass Group, which employs around 13,500 people in Germany and is part of the UK-based Compass Group PLC, will operate a restaurant offering food services for tenants and visitors. The concept will also provide coffee stations, conference catering and after-work services, with access extended to the local neighbourhood.

PRISMA, located at Hahnstrasse 55, was acquired in 2022 by a fund advised by Patron Capital in a joint venture with Sonar. The 50,000 sqm property, including 44,000 sqm of office space, is currently being modernised with completion expected by the end of 2025. The project targets DGNB Platinum and BREEAM Excellent certifications, with a focus on reuse and recycling of building materials.

The redevelopment includes flexible office layouts and a 45-metre atrium that will host restaurants, coworking areas, events and public spaces. Adesso SE signed as the first office tenant in August, taking 6,500 sqm.

Legal advice to the owner during the lease negotiations with Compass Group was provided by Gowling WLG.

Skyliner II construction reaches halfway point in Warsaw

The construction of Skyliner II, the second tower of the office complex developed by Karimpol Group in Warsaw, has reached half of its planned height. Work is currently underway on the 15th floor, at around 65 metres. The 130-metre tower will ultimately comprise 28 floors, with completion scheduled for the end of the fourth quarter of 2026.

The building is being constructed using the ACS self-climbing formwork system, with reinforced concrete works secured by RCS protective covers. Each office floor is completed within five days, according to the general contractor, Warbud S.A. Installation of the glass façade has begun on the lower levels and is now visible up to the fifth floor, while finishing works are ongoing in the basement and on the first eight floors above ground.

Skyliner II will provide a total of 24,000 square metres of space, including approximately 23,000 sqm of offices and nearly 1,000 sqm of retail and service units at ground level. Standard office floors will measure around 1,100 sqm. The upper levels will feature garden terraces covering nearly 900 sqm, linked by external stairs and served by a dedicated lift. The tower will also include 10 lifts in total, along with a five-storey underground car park offering 217 spaces and 100 bicycle stands.

The project will connect to the first Skyliner tower via a podium of 4,500 sqm, which will house retail and service facilities and provide public access between Warszawa Główna railway station and Rondo Daszyńskiego. The building has been awarded a BREEAM Outstanding certificate, with energy supply planned from renewable sources.

Skyliner II was designed by APA Wojciechowski Architekci. Warbud S.A. is the general contractor, Hill International oversees project management, and CBRE Poland is handling commercialisation.

Skyliner II construction reaches halfway point in Warsaw

The construction of Skyliner II, the second tower of the office complex developed by Karimpol Group in Warsaw, has reached half of its planned height. Work is currently underway on the 15th floor, at around 65 metres. The 130-metre tower will ultimately comprise 28 floors, with completion scheduled for the end of the fourth quarter of 2026.

The building is being constructed using the ACS self-climbing formwork system, with reinforced concrete works secured by RCS protective covers. Each office floor is completed within five days, according to the general contractor, Warbud S.A. Installation of the glass façade has begun on the lower levels and is now visible up to the fifth floor, while finishing works are ongoing in the basement and on the first eight floors above ground.

Skyliner II will provide a total of 24,000 square metres of space, including approximately 23,000 sqm of offices and nearly 1,000 sqm of retail and service units at ground level. Standard office floors will measure around 1,100 sqm. The upper levels will feature garden terraces covering nearly 900 sqm, linked by external stairs and served by a dedicated lift. The tower will also include 10 lifts in total, along with a five-storey underground car park offering 217 spaces and 100 bicycle stands.

The project will connect to the first Skyliner tower via a podium of 4,500 sqm, which will house retail and service facilities and provide public access between Warszawa Główna railway station and Rondo Daszyńskiego. The building has been awarded a BREEAM Outstanding certificate, with energy supply planned from renewable sources.

Skyliner II was designed by APA Wojciechowski Architekci. Warbud S.A. is the general contractor, Hill International oversees project management, and CBRE Poland is handling commercialisation.

EU Hosts 4.3M Ukrainians as Youth Suicide Remains a Challenge

The European Union continues to provide temporary protection to millions of Ukrainians displaced by the war, while new figures also highlight the ongoing challenge of suicide among young people across member states.

Eurostat reported that as of July 31, approximately 4.34 million non-EU citizens fleeing Ukraine were registered under temporary protection in the EU, up slightly from 4.31 million in June and 4.28 million in May. Since February 2022, EU countries have granted such protection to more than 6.5 million individuals. June alone saw 62,400 new protection decisions, the highest monthly figure since October 2024. Germany, Poland, and Czechia host the largest absolute numbers, but in relative terms Czechia continues to have the highest share of beneficiaries, followed by Poland and Estonia. On average, there are 9.6 people under temporary protection per 1,000 EU inhabitants, compared to 34.7 in Czechia. Women make up nearly half of those protected, while men account for about a quarter and minors roughly a third, a distribution that has remained stable in recent months.

Alongside these humanitarian statistics, Eurostat also released figures marking World Suicide Prevention Day that point to troubling health trends among Europe’s youth. In 2022, more than 5,000 people aged 15 to 29 died from intentional self-harm, making suicide the second leading cause of death in this age group after accidents. The number equates to one in six deaths among young people, a stark contrast to the general population where suicide accounts for about one in 100 deaths. The highest rates were recorded among men aged 25 to 29, with levels around four times higher than those for women.

Despite these figures, youth suicide in the EU has declined over the past decade, falling by nearly 20 percent since 2011. Nonetheless, suicide remains a widespread issue, with 49,042 deaths across all ages in 2022, equal to 10.6 deaths per 100,000 inhabitants. While the overall trend is downward, sharp differences persist between member states. Slovenia, Lithuania, and Hungary recorded the highest suicide rates, while Cyprus, Greece, and Malta had the lowest. Lithuania presents a striking paradox, as it has been ranked the happiest country in the world for people under 30, yet continues to experience some of the highest suicide levels in Europe, especially among older populations.

The two sets of statistics underscore distinct but pressing challenges for the EU. On one side, the bloc continues to accommodate millions of displaced Ukrainians, requiring ongoing adaptation of protection and integration systems. On the other, it faces persistent mental health risks among its youth, which vary widely across member states and demand targeted intervention. Together, they highlight the extent to which humanitarian policy and social resilience remain central to the EU’s agenda.

EU Hosts 4.3M Ukrainians as Youth Suicide Remains a Challenge

The European Union continues to provide temporary protection to millions of Ukrainians displaced by the war, while new figures also highlight the ongoing challenge of suicide among young people across member states.

Eurostat reported that as of July 31, approximately 4.34 million non-EU citizens fleeing Ukraine were registered under temporary protection in the EU, up slightly from 4.31 million in June and 4.28 million in May. Since February 2022, EU countries have granted such protection to more than 6.5 million individuals. June alone saw 62,400 new protection decisions, the highest monthly figure since October 2024. Germany, Poland, and Czechia host the largest absolute numbers, but in relative terms Czechia continues to have the highest share of beneficiaries, followed by Poland and Estonia. On average, there are 9.6 people under temporary protection per 1,000 EU inhabitants, compared to 34.7 in Czechia. Women make up nearly half of those protected, while men account for about a quarter and minors roughly a third, a distribution that has remained stable in recent months.

Alongside these humanitarian statistics, Eurostat also released figures marking World Suicide Prevention Day that point to troubling health trends among Europe’s youth. In 2022, more than 5,000 people aged 15 to 29 died from intentional self-harm, making suicide the second leading cause of death in this age group after accidents. The number equates to one in six deaths among young people, a stark contrast to the general population where suicide accounts for about one in 100 deaths. The highest rates were recorded among men aged 25 to 29, with levels around four times higher than those for women.

Despite these figures, youth suicide in the EU has declined over the past decade, falling by nearly 20 percent since 2011. Nonetheless, suicide remains a widespread issue, with 49,042 deaths across all ages in 2022, equal to 10.6 deaths per 100,000 inhabitants. While the overall trend is downward, sharp differences persist between member states. Slovenia, Lithuania, and Hungary recorded the highest suicide rates, while Cyprus, Greece, and Malta had the lowest. Lithuania presents a striking paradox, as it has been ranked the happiest country in the world for people under 30, yet continues to experience some of the highest suicide levels in Europe, especially among older populations.

The two sets of statistics underscore distinct but pressing challenges for the EU. On one side, the bloc continues to accommodate millions of displaced Ukrainians, requiring ongoing adaptation of protection and integration systems. On the other, it faces persistent mental health risks among its youth, which vary widely across member states and demand targeted intervention. Together, they highlight the extent to which humanitarian policy and social resilience remain central to the EU’s agenda.

Polish Airspace Violated by Drones During Russian Attack on Ukraine

Polish authorities confirmed that drones crossed into the country’s airspace on Tuesday during Russian strikes on Ukrainian territory, in what officials described as an unprecedented incident. The violations occurred in the Podlaskie, Mazowieckie, and Lubelskie regions, raising immediate security concerns.

According to Deputy Prime Minister and Defense Minister Władysław Kosiniak-Kamysz, Polish and allied radar systems tracked several drones that entered national airspace. On the order of the Operational Commander of the Armed Forces, defense procedures were activated and drones that posed a potential threat were shot down. Search operations are continuing to locate the remains of the downed objects.

Authorities have urged residents to avoid handling any unidentified debris that may be linked to the incident, warning that such materials could be hazardous. Citizens are advised to report sightings of suspicious objects to emergency services via the 112 hotline or at the nearest police station.

The Ministry of National Defense noted that the operation involving Polish and allied aircraft has concluded and that the country’s air defense and radar systems have returned to normal operation. Officials expressed appreciation for the support of NATO’s Allied Air Command and the Royal Dutch Air Force, whose F-35 fighter jets were deployed as part of the response.

Poland’s armed forces remain on heightened readiness and continue to monitor the situation in Ukraine closely, emphasizing their commitment to maintaining the security of Polish airspace.

Source: gov.pl

Slovak Industrial Production Declines Further in July as Energy and Metal Output Weakens

Slovakia’s industrial sector recorded a sharper contraction in July, with production falling by 4.6 percent year-on-year compared to a 3.6 percent decline in June. According to the Statistical Office of the Slovak Republic, this was the fourth consecutive monthly decline and the sixth drop since the beginning of the year. The downturn was driven mainly by weaker performance in energy supply and metal production, alongside declines in machinery and transport equipment manufacturing.

The metal industry, which has been struggling for several months, reported a year-on-year drop of more than 12 percent in July, marking the third month of contraction. Electricity and gas supply also fell sharply, down nearly 18 percent. Machinery and equipment manufacturing contracted by more than 11 percent, while transport equipment output decreased by just over 3 percent, only the second monthly decline in car production this year.

Positive contributions from other sectors were not enough to offset the downturn. Growth in smaller categories such as other manufacturing, coke and petroleum products, and computer products provided some relief, with increases ranging from 16 to more than 20 percent. On a seasonally adjusted basis, overall industrial production rose by 0.9 percent compared to June, but the year-on-year results remained negative.

From January to July 2025, industrial production in Slovakia declined by 2.2 percent compared to the same period in 2024. Over this seven-month period, eight out of fifteen monitored sectors recorded lower performance. The cumulative results were supported by a more than 6 percent rise in transport equipment production, which provided the largest positive contribution. However, this was outweighed by significant declines in energy supply, metal production, machinery, and electrical equipment manufacturing, all of which dragged the sector into negative territory.

The Statistical Office noted that the impact of company-wide holidays in July was minimal, as shutdowns occurred at similar times as in the previous year, meaning the declines were primarily the result of weaker sector performance rather than seasonal effects.

front page info
LATEST NEWS
2 July 2026 German Economists Question Effectiveness of Temporary Fuel Tax Relief After Scheme Ends 2 July 2026 CMA CGM to Acquire FedEx Supply Chain in US$1.4 Billion Deal, Expanding North American Logistics Platform 2 July 2026 French Lingerie Brand Etam Opens New Store at Blue City in Warsaw 2 July 2026 Panattoni Begins Construction of 500,000 sq ft Speculative Logistics Hub in Yorkshire 2 July 2026 Urban Partners Expands Capital Formation Team with Senior Appointment 2 July 2026 German Reform Package Draws Mixed Response as Economists Question Long-Term Impact 2 July 2026 Loxone Appoints Petr Skála as Country Manager for the Czech Republic