Banks are starting to provide development debt again for logistics projects in Poland and the Czech Republic, according to Robert Dobrzycki, head of Central and Eastern Europe of Panattoni Europe. ‘Development lending is starting to come back, especially for non speculative projects, with a pre-leased ratio of 50-60%,’he told PropertyEU at EXPO REAL.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
