News GTC's City Gate secures LEED Gold v5 certification
15
Oct
2025

GTC's City Gate secures LEED Gold v5 certification

by Property Forum
The South Tower of City Gate in Bucharest, developed and managed by GTC, has been awarded the LEED Gold v5 certificate. This is the latest version of the world's green building standard, outlining steps towards near-zero carbon emissions, prioritizing people, and supporting building resilience. City Gate is the first property in Romania and only the fourth existing building in Europe to achieve this recognition, following projects in Italy, Spain, and Sweden.
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News Nepi Rockcastle opens its first solar park in Romania
15
Oct
2025

Nepi Rockcastle opens its first solar park in Romania

by Property Forum
Nepi Rockcastle has inaugurated its first photovoltaic park in Chișineu-Criș, Arad County, Romania, marking a milestone in the shopping centre developer's sustainability efforts.
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News Living completes third phase of resi project in Budapest
15
Oct
2025

Living completes third phase of resi project in Budapest

by Property Forum
Living has completed the third phase of its Park West residential project in Budapest's District 13, with the final use permit now issued for the 230-unit development. The project, located in the Ferdinand Quarter on Szabolcs utca, benefits from brownfield status allowing buyers to reclaim 5% VAT.
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News Principal enters Poland with first logistics acquisition
15
Oct
2025

Principal enters Poland with first logistics acquisition

by Property Forum
Principal Asset Management has completed its first acquisition in Poland for Log In, the European logistics fund managed by Theoreim. The asset, located in the Katowice economic zone in Tychy, Upper Silesia, comprises 9,705 sqm of warehouse, production, and office space.
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News Developers call for stability as rising costs squeeze Poland’s residential market
15
Oct
2025

Developers call for stability as rising costs squeeze Poland’s residential market

by Property Forum
At the recent CEE Property Financing Update 2025, with Agata Jurek-Zbrojska, Partner and Head of Real Estate and Construction at CMS Poland, moderating the discussion, Renata McCabe Kudla (Grupo Lar Poland), Bartłomiej Oset (NDI Development), and Waldemar Wasiluk (Victoria Dom) explored the evolving landscape of residential real estate investment in Poland. The conversation revealed a landscape shaped by sharp increases in development costs, shifting demand, and regulatory complexity.
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News Czech mortgage market reports strong season
14
Oct
2025

Czech mortgage market reports strong season

by Property Forum
Czech banks and building societies have provided new mortgages for CZK 29.6 billion (€1.2 billion) in September. Compared to August, the volume of activity has increased by 14%, reports cbamonitor.cz.
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News Romanian property sales drop 1% after VAT hike
14
Oct
2025

Romanian property sales drop 1% after VAT hike

by Property Forum
Property transactions in Romania fell by nearly 1% in the first two months after the VAT increase compared to August-September 2024, but rose over 10% compared to May-June transactions, according to official data from the National Agency for Cadastre and Real Estate Advertising (ANCPI).
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News Sema Real Estate enters Romanian resi market
14
Oct
2025

Sema Real Estate enters Romanian resi market

by Property Forum
Local property developer Sema Real Estate has launched pre-sales for the first phase of its Sema Home residential project in central-western Bucharest.
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News P3 welcomes new tenant in Prague
14
Oct
2025

P3 welcomes new tenant in Prague

by Property Forum
CTi Cable, a Taiwanese manufacturer, has launched its first European production centre, CTi Europe, at P3 Prague D8. P3 Logistic Parks has tailored a facility within the renovated Hall 5 to accommodate CTi Europe's automated production processes.
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News IT sector hits 15-year demand low in Bucharest office market
14
Oct
2025

IT sector hits 15-year demand low in Bucharest office market

by Property Forum
Demand for office space in Bucharest dropped by one-third in 2025, primarily due to reduced activity from IT companies, which generated only 10% of total leasing in the first nine months - the lowest level since 2010. Companies leased approximately 150,000 sqm of office space, while new demand fell by almost 30% to under 60,000 sqm.
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Latest news


New leases

  • Stay Fit Gym has leased approximately 1,000 sqm for a new fitness centre, which will open in the Family Market Tomești retail park, developed by Iulius in the Iași region.
  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.
  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.

New appointments

  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.

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