Speedwell and Strabag have signed a construction contract for the development of Queens District, a mixed-use project in northern Bucharest. Strabag will serve as general contractor for the office and residential buildings and will relocate its Bucharest HQ to the project under a long-term lease agreement.

Stage Capital has sold Pasaż Łódzki, a convenience shopping center in central Poland, to Crestpoint Capital Partners on behalf of a Czech private equity account, marking their entry into the Polish retail market.

Global consulting company Drees & Sommer has fully acquired Polish project management and construction planning company ADC sp. z o.o., with the deal becoming legally effective on May 6, 2026. The acquisition strengthens Drees & Sommer's ability to serve clients across Poland and the wider CEE.

Mendota Invest, the investor behind the Emonika project owned by OTP Group, has signed hotel lease agreements with Mogotel Hotel Group and Eurostars Hotel Company.

As Russia's full-scale war against Ukraine enters its fourth year, the scale of destruction to the country's residential stock remains staggering. The international community, led by the World Bank Group, the European Commission, the United Nations, and the Council of Europe Development Bank, has mobilised substantial grant and loan financing for Ukraine's recovery. A meaningful portion of these funds flows directly into state-run housing programmes, offering a rare, data-rich window into how international support translates into real outcomes for families on the ground. The URE Club (Ukrainian Real Estate Club) has produced a brief analysis of the main government programmes and their outcomes for Property Forum

International law firm Pinsent Masons has opened an office in Warsaw with a team of over 40 people. The new office will handle complex investment projects from the outset, focusing on real estate, infrastructure, construction, mergers and acquisitions, banking and finance, and cross-border matters.

Administrative costs for modern office buildings in Romania are set to rise by approximately 10% in 2026 compared to last year, according to Colliers. The increases stem from higher property taxes, inflation and rising wages, with utility costs excluded as these are typically billed separately.

Logistics company WLS has extended its lease for warehouse space covering 10,000 sqm at Prologis Park Bratislava. 

Panattoni has commenced construction on City Logistics Łódź V, an urban logistics development totalling 42,000 sqm. The project, situated in the eastern district of the city, represents a strategic brownfield redevelopment designed to meet rising demand for last-mile delivery infrastructure.

Business leaders from finance, energy, technology, real estate and professional services will gather in Bucharest next week to discuss how companies can navigate economic uncertainty, technological disruption and shifting market dynamics. Bucharest Business Forum 2026 brings together senior executives, investors and decision-makers for an afternoon focused on leadership, transformation and long-term growth opportunities.