After nearly four years of large-scale invasion, Ukraine faces growing challenges in its recovery, the URE Club writes in an article for Property Forum.. According to the updated Rapid Damage and Needs Assessment (RDNA-4) released in February 2025, the total needs for reconstruction and rehabilitation for the next ten years amount to $524 billion.

Allianz-Țiriac Asigurări has completed the sale of its two former headquarters located in the Victoriei Square area of Bucharest, through transactions brokered by Cushman & Wakefield Echinox.

iO Partners has appointed Andrei Văcaru as Managing Director for Romania, effective January 2026. After a transition period with Văcaru until year-end, Vlad Stanislav will take time off before pursuing new opportunities.

Romania's modern retail market continues expanding, surpassing 5 million sqm of leasable retail space in 2025, according to Colliers data. The approximately 190,000 sqm delivered this year consolidated a stock heavily concentrated in Bucharest and five other counties, which together account for almost half of the total. However, Romania remains below regional peers in retail space per capita, indicating potential for further development.

Generali Investments, in partnership with Peakside Capital, has closed the Generali Adriatic Value Fund I (Generali AVF I) following the sale of the Arkadia shopping centre in Domžale. The fund has completed its investment cycle, including the distribution of proceeds to investors and the commencement of its formal closure.

7R has obtained the building permit for 7R Hub Nowa Huta, a logistics and industrial park in Kraków. The project comprises three buildings totalling approximately 230,000 sqm and negotiations with potential tenants are already underway.

Panattoni has started construction of Panattoni Park Białystok III, a 32,000 sqm logistics facility set for completion in Q1 2026. Four tenants have already signed lease agreements for the development.

Skanska has agreed to sell the Port7 office complex in Prague's Holešovice district to AFI Group, in a deal worth CZK 3.16 billion (approximately €130 million).

Iulius has secured a €305 million syndicated loan facility to strengthen its development strategy. This represents the first unitary refinancing in Romania for a portfolio of multiple buildings with different functions within a mixed-use project - Palas Iași.

Garbe has started construction of a new 55,000 sqm hall at Garbe Park Klášterec nad Ohří II, with global consumer goods company Reckitt becoming the anchor tenant. The British multinational has leased 35,000 sqm of industrial space under a ten-year agreement and will move in during the Q2 2026.