ProOptimum leases space at MLP Czeladź logistics park

ProOptimum, a company active in logistics, warehousing, transportation, and visual identity design, has signed a lease agreement for more than 5,000 sqm of space at the MLP Czeladź logistics park. The deal was facilitated by advisory firm Rock Estate.

The lease will be delivered in phases. The first warehouse unit of just over 2,400 sqm is scheduled for handover in February 2026, with a second unit of similar size to follow a year later. An office area of 165 sqm is expected to be ready by mid-2026.

Located near major road connections, including the A4 motorway and the S1 and S86 expressways, MLP Czeladź is part of MLP Group’s development strategy to retain and manage logistics parks after completion. Once fully built, the site will include four Class A buildings providing more than 75,000 sqm of warehouse and production space on a 15.5-hectare site.

ProOptimum selected the location after reviewing multiple options, citing its accessibility and the ability to adapt the space to the company’s requirements. Rock Estate advised the tenant throughout the process.

Photovoltaics approved for unused industrial land in the Czech Republic

Beginning 1 January 2026, unused areas within industrial and logistics zones in the Czech Republic will be eligible for photovoltaic power installations under an amendment to the Building Act signed by the President this week. The change removes long-standing legal barriers that prevented the use of undeveloped plots in such zones for renewable energy projects.

If half of the identified potential is utilized, photovoltaic systems with a combined output of up to 1,000 megawatts could be installed—roughly equivalent to the capacity of one unit at the Temelín nuclear power plant. The measure is expected to contribute to the country’s decarbonization targets and aligns with EU policy on renewable energy acceleration zones, which encourage development within urbanized areas close to consumption points.

The amendment follows an initiative launched by Panattoni, supported by a study with Rota Group on agrovoltaics, which demonstrated that vegetation can be preserved under solar installations. Until now, one of the main barriers was uncertainty over whether photovoltaic panels should be counted as built-up area or green space, which created difficulties with zoning regulations. The new law clarifies that ground-mounted solar systems in industrial areas do not reduce the required share of greenery, provided vegetation is maintained beneath them.

Alongside open land, the law also explicitly allows the placement of photovoltaic systems on existing structures unless prohibited by local regulatory plans. These provisions bring Czech legislation into closer alignment with the EU’s RES Regulation and the RED III Directive, which highlight renewable energy as a matter of overriding public interest.

The changes are expected to strengthen the role of industrial zones in renewable energy production, enhance energy security, and reduce dependence on fossil fuels. They also form part of the largest push in recent years to unlock renewable capacity within already urbanized areas while preserving agricultural land.

Energy-efficient systems installed at Via Beroun school campus

The new Via Beroun campus, a private nursery and primary school scheduled to open in September, has been equipped with energy-efficient systems designed to reduce consumption and support sustainable operations.

As part of the Central Bohemian Region’s largest energy performance contracting (EPC) project, the campus incorporates 33 circulation pumps from Wilo’s Stratos MAXO and GIGA series. These units manage water circulation for both heating and cooling via ceiling mats and adjust output according to the building’s current needs. The system is expected to contribute to lower energy use and reduced emissions.

The facility also includes Wilo’s rainwater management system, which supplies irrigation for green areas on the grounds, reducing reliance on drinking water. The campus is one of 162 regional buildings covered by the EPC project, which aims to achieve up to CZK 470 million in energy cost savings over ten years without direct budgetary investment.

Alongside its technical infrastructure, the Via Beroun school will feature classrooms, a multifunctional hall, canteen, and outdoor spaces, with the overall design intended to serve as a reference for future educational developments in the Czech Republic.

Analysis highlights price disparities in Poland’s commercial property market

Commercial property prices in Poland show significant variation depending on location, according to a new study by Dwell Properties. The analysis, based on nearly 1,000 listings, indicates that location, visibility, permitted business activities, and property size are among the key factors shaping values.

The study found that ground-floor high-street premises in central Warsaw, particularly in the Śródmieście district, can reach as much as PLN 35,000 per square meter, while in Bydgoszcz prices begin at around PLN 6,000. Average prices in Warsaw and Gdańsk are between PLN 13,000 and PLN 16,000 per square meter, compared to Kraków and Wrocław at PLN 12,000 to PLN 14,000. Mid-sized cities such as Poznań, Katowice, Szczecin, and Łódź recorded lower averages of PLN 9,000 to PLN 12,000.

The report also examined the difference between completed properties and those under construction. In Warsaw, Gdańsk, and Kraków, units under construction are priced slightly higher than completed ones, suggesting that upcoming projects in central or prestigious areas carry a premium. Conversely, in Wrocław and Łódź, completed units are more expensive, indicating that new supply is more often being developed on the outskirts at lower prices.

Location within the city remains the primary driver of value. In Warsaw, premises in Śródmieście command median prices of PLN 35,000 per square meter, compared with PLN 13,000–15,000 in outer districts. Gdańsk’s central properties range from PLN 12,000 to PLN 36,000, while the most exposed retail streets in Warsaw and Kraków can reach above PLN 50,000.

Visibility also plays a role: premises on street corners with double-sided display windows achieved around 3% higher prices than standard units. Properties suitable for catering businesses, with ventilation and required permits, were valued on average 10–15% higher than other commercial premises.

Proximity to major transport routes was another factor, with units on main thoroughfares priced 5–10% higher per square meter than those on smaller residential streets. The analysis also showed a negative correlation between size and unit price: smaller premises of 30–50 sqm tend to be more expensive per square meter than larger units, which are harder to lease to single tenants.

Rental trends mirror sales prices. Prime city-center locations in Warsaw can command rents of PLN 100–150 per square meter monthly, compared to PLN 20–50 in suburban areas.

According to Dwell Properties, these findings highlight the importance of location, exposure, and permitted uses in determining commercial property values, while also underlining the disparities between Poland’s largest cities and regional markets.

Photo: Marcin Kubik, CEO – Dwell Properties

SamBaek construction deploys Atlas Copco X28 compressor for slope reinforcement in Gyeonggi Province

SamBaek Construction is using Atlas Copco’s X28 Stage V portable air compressor to support slope reinforcement and seismic retrofitting at a residential construction site in the Gosan 2 District of Gwangju, Gyeonggi Province. The project, which began in May 2025, involves building retaining walls to stabilize steep terrain ahead of new housing development.

The X28 model offers a pressure range of 16–30 bar (232–435 psi), making it suitable for applications such as earth anchors, nailing, rock bolts, micropiling, shotcrete, and groundwater development. According to the contractor, this versatility has allowed the company to carry out multiple phases of slope reinforcement with a single unit.

SamBaek Construction previously relied on rental compressors, typically with a capacity of 17–21 bar (247–305 psi) and a flow rate of 900 cfm (25.5 m³/min). These units often struggled with the granite-rich terrain in the area. The company purchased the X28 earlier this year after working with rented Atlas Copco equipment on earlier projects.

The unit is designed with noise-reduction features and a Stage V compliant engine, which make it suitable for use in urban and residential zones where environmental and regulatory requirements are strict. Fuel efficiency is supported by an ECO mode that reduces consumption during idle periods, which can account for several hours each working day.

Atlas Copco Korea’s Portable Air Division and Power Technique Service teams provided on-site training to SamBaek Construction staff, covering fuel-saving functions such as ECO mode and AirXpert. The company expects these features to help reduce overall operating costs while maintaining the pressure and flow required for slope reinforcement and seismic retrofitting.

CA Immo completes modernization of Saski Crescent, building fully leased

CA Immo has announced that its modernized Saski Crescent office building in central Warsaw is now fully leased following the signing of new agreements with three companies covering a total of 3,500 sqm. In total, 12 tenants from various industries now occupy the 16,000 sqm Class A property at 16 Królewska Street.

The retrofit of Saski Crescent was completed earlier this year, transforming the property into a contemporary, energy-efficient workspace designed to meet the highest technological and sustainability standards. The building has secured WELL pre-certification for user health and well-being, achieved WiredScore Platinum certification for digital connectivity, and is in the process of obtaining BREEAM certification.

During the renovation, at least half of the construction materials used were recycled. The property was also equipped with modern building management systems to reduce energy use, along with water-saving installations. Interiors were redesigned to provide a boutique character, with a new reception, lobby, and a ground-floor restaurant and café, BursztyNova, open to both tenants and the public.

“Our new Saski Crescent offers focused and flexible office environments, combining unique design with full functionality and openness to its surroundings,” said Dawid Wątorski, Senior Leasing Manager at CA Immo in Poland. “I am proud that this multi-dimensional modernization has become a benchmark for the property market and that the re-commercialization of Nowy Saski has attracted such strong tenant demand.”

Located in one of Warsaw’s most established business districts, the refurbished Saski Crescent is positioned to strengthen its role as a prime office destination in the capital.

Catella reports strong second quarter on transaction activity and strategic divestments

Property investment and advisory group Catella delivered a strong second quarter, supported by higher transaction volumes in Europe and key divestments, including the sale of Kaktus Towers in Copenhagen. Operating profit rose to SEK 303 million, up from SEK 35 million in the same period last year.

The European transaction market showed cautious recovery during the quarter, with volumes increasing by 11% year-on-year. Improved credit conditions narrowed the gap between buyers and sellers, facilitating deal closures. This trend, combined with stable inflation and lower interest rates, created more favorable conditions for investors.

Catella’s Principal Investments division was the main driver of results, contributing SEK 252 million through the Kaktus Towers divestment. The business area also entered into a joint venture with Barings on the Vega residential project in Copenhagen, which will deliver 269 affordable apartments. In Berlin, Catella advanced its Silbersteinstrasse development of 92 rental units by filing for a building permit. Management said future efforts in the division will focus on diversification through early-stage investments, co-investments, and partnerships.

Corporate Finance activity also picked up, with Catella advising on several large-scale deals. Highlights included advising NIAM on the sale of the 75,500-square-metre Copenhagen Business Park and acting on 18 Swedish transactions worth SEK 3.7 billion. To support its pan-European strategy, Catella created a new role of Head of Corporate Finance Europe, underscoring the growth potential of this business area.

Investment Management recorded stronger performance, with assets under management rising by nearly SEK 8 billion in the quarter, largely due to new mandates in Denmark, the UK, and Finland. Operating profit for the division improved to SEK 41 million, supported by increased variable income from transactions.

While management acknowledged persistent geopolitical risks and weaker-than-expected growth in some European economies, Catella said its strong capital position following the Kaktus Towers sale leaves it well positioned for new investments. The company also plans to repurchase interest-bearing debt to improve efficiency and reduce financing costs.

The quarter marked the final report by the interim CEO, who transitions to the new role of Head of Corporate Finance Europe. Rikke Lykke has been appointed as Catella’s new CEO and President. The company said it remains optimistic about market conditions and expects to capitalize on opportunities across Europe through its diversified business model.

PORR reports higher earnings and record order backlog in first half of 2025

Construction group PORR posted stronger results across key metrics in the first half of 2025, highlighting improved earnings, a larger project pipeline, and record levels of orders.

The company reported EBIT of €48.7 million, up 15.5% compared with €42.2 million a year earlier. Revenue rose slightly to €2.96 billion, while production output increased by 1.8% to €3.17 billion. The EBITDA result also grew by 3.6% to €153.4 million, supported in part by lower costs for external services.

Order intake expanded by 25.4% year-on-year to €4.05 billion, driving the company’s order backlog to a historic high of €9.42 billion, an increase of 10%. Infrastructure projects continue to account for the majority of work, representing more than 60% of the backlog.

CEO Karl-Heinz Strauss noted that PORR has secured several major projects, including a €425 million rail line in Romania between Craiova and Caransebeș and Poland’s longest rail tunnel in Łódź, valued at about €400 million. Other recent wins include healthcare and industrial facilities in Poland, Germany, and Austria, as well as educational projects in Germany. “Infrastructure expansion in our home markets has gained momentum, and we are also seeing renewed activity in building construction,” Strauss said.

Within its international operations, the company reported a 19.6% rise in infrastructure output, supported by large-scale tunnel and energy projects such as the ElbX tunnel in Germany and hydro storage facilities. PORR continues to focus on its seven core European markets, which together generate over 98% of group output.

From a financial perspective, PORR’s balance sheet remains stable. As of June 30, 2025, total assets stood at €4.27 billion. Equity rose to €855 million, lifting the equity ratio to 20% compared with 19.4% a year earlier. Net debt decreased by 7.9% year-on-year to €301 million. Earnings per share improved by 17.8% to €0.53.

Looking ahead, PORR expects moderate growth in both revenue and profit for the full year, with management guiding for an EBIT margin between 2.8% and 3.0%. By 2030, the company is targeting an EBIT margin of 3.5% to 4.0%.

Strauss pointed to growth opportunities in European infrastructure related to the energy transition, digitalization, and transport networks. At the same time, he cautioned that ongoing geopolitical risks could weigh on economic activity and project development.

Steve Toy, CEO of Memrise: “We’re creating structured immersion powered by AI”

In a recent Q&A with CIJ EUROPE, Steve Toy, CEO of Memrise, discussed how the company is reshaping language learning through AI-driven tools, immersive video, and personalized study paths. He also outlined Memrise’s evolving approach to community-created content, its decision to remain focused on language learning, and the early impact of its latest AI integrations.

Q: How are the new features – like AI chatbots, immersive video, wordlists, and “My Journey” – enhancing learners’ ability to speak confidently in real life?

“Our new features work together to mirror the natural immersion experience that occurs when someone moves to a foreign country – but in a structured, accessible way through technology,” Toy explained.

He highlighted the role of AI-driven chatbots, powered by Memrise’s “Membot” technology, which provide “batting practice” for conversations. Learners can rehearse ordering coffee, asking for directions, or even handling job interviews in a low-pressure environment. “This builds the confidence muscle that’s essential for real-world communication,” he said.

The addition of immersive video content featuring native speakers bridges the gap between memorizing vocabulary and recognizing natural speech patterns. Wordlists allow users to prioritize the vocabulary most relevant to their goals, such as business or travel, instead of following a generic curriculum. Finally, the “My Journey” feature gives learners a sense of progression across Memrise’s three pillars: Learn, Immerse, and Communicate.

“Together, these features create what one could call a structured immersion,” Toy noted. “It’s like being dropped into a foreign country, but with the safety net and progression that technology can provide.”

Q: Why has Memrise shifted emphasis away from community-created courses toward official curated content?

According to Toy, the change is a technical and pedagogical necessity. “To deliver truly personalized, AI-powered language learning, we need a standardized, high-quality dictionary as the foundation,” he said. Community-created courses, though valuable, often lack consistent audio, grammar data, and semantic links, limiting what AI-driven features can offer.

That doesn’t mean community content is gone. Toy described a future integration where user-created word lists will be mapped to Memrise’s standardized dictionaries. “Think of it as building the infrastructure first, then reconnecting the community,” he explained. “A community course about medical Spanish, for example, will soon benefit from our full suite of AI tutors, immersive videos, and adaptive algorithms.”

Q: Could Memrise’s adaptive AI methodology expand into other subject areas?

Toy was clear: not in the near term. “Language learning represents a unique pedagogical challenge that maps perfectly to our expertise and methodology. We’re language learning experts, not generalist educators,” he said.

He contrasted Memrise’s approach with competitors. “Compare this to Duolingo, which prioritizes engagement and gamification over domain-specific pedagogy. They can expand across subjects because their model is content-agnostic. We’ve chosen the opposite path – we prioritize learning efficacy over broad applicability.”

While acknowledging that the company’s AI infrastructure could theoretically support other domains, Toy said this would only happen if Memrise could bring the same level of subject expertise to ensure results.

Q: How has AI integration – chatbots, YouTube content, immersive lessons – impacted user engagement?

“The impact has been remarkable,” Toy said. Since launching Memrise Connect, the company has recorded its highest retention rates in years, both for new and existing users.

Although long-term outcome data takes time to measure, Toy said early signs are promising. “Engagement patterns are extremely positive, and our early cohort data suggests significantly improved progression rates.”

WING’s hospitality strategy expands through adaptive reuse and brand partnerships

As international travel continues its rebound across Central Europe, Hungarian developer WING is expanding its hospitality portfolio with a focus on adaptive reuse, brand diversification, and airport hotel development. CIJ Europe conducted a Q&A with Dr. Ernő Takács, Deputy CEO of Hotels & Commercial Properties at WING, examining how the company is positioning itself in response to evolving travel trends and market dynamics.
WING’s hospitality activity in Hungary now includes more than 1,000 completed hotel rooms across multiple brands. The company’s most recent projects include the ibis & TRIBE Budapest Stadium and the TRIBE Budapest Airport Hotel—developments that reflect a broader push to introduce global brands and sustainable standards to the local market. Both projects are targeting BREEAM Excellent and Access4you Gold certifications.

“The performance of these hotels has been steady, and we’re seeing improved guest feedback as tourism continues its post-pandemic recovery,” said Dr. Takács. “Budapest remains competitive due to its infrastructure and pricing, but still has room for growth compared to other cities in the region.”

WING is also preparing to open Hotel Indigo Budapest Andrássy, a 103-room property that will feature food and beverage services in the premium segment. The project involves the conversion of an existing office building on Andrássy Avenue and is slated for completion in 2027.

Airport-related developments have emerged as a priority. WING opened the ibis Styles Budapest Airport Hotel in 2018, followed by the adjacent TRIBE Budapest Airport Hotel, developed in partnership with Accor and Budapest Airport. Takács notes that airport traffic is expected to reach 20 million annual passengers in the coming years, supporting continued investment in this subsegment.

Looking ahead, WING is exploring new developments and acquisitions across several categories. These include lifestyle hotels, extended-stay concepts, and select opportunities in the luxury market. In addition to ground-up construction, the company is assessing existing properties for conversion and modernization.

“Our partnerships with international hotel brands provide access to established systems and recognition, but we also remain open to alternative models,” said Takács. “Flexibility is key when aligning project goals with operator expectations.”

As adaptive reuse becomes increasingly relevant in urban development, WING’s hotel division appears poised to integrate architectural repurposing with broader sustainability and commercial goals—although full execution and market impact remain to be seen.

Photo: Dr. Ernő Takács, Deputy CEO of Hotels & Commercial Properties at WING

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