News Develia to acquire Polish branch of Bouygues Immobilier
30
Apr
2025

Develia to acquire Polish branch of Bouygues Immobilier

by Property Forum
Develia has signed a preliminary agreement to acquire 100% of shares in Bouygues Immobilier Polska, the  Polish branch of Bouygues Immobilier, a property developer in France. The price set in the preliminary agreement is €66.5 million (approx. PLN 283.6 million). The acquisition will allow Develia to increase the number of residential units under development and enhance the growth potential of its land bank in Warsaw, Poznań, and Wrocław.
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News Shopper Park Plus mulls CEE expansion
29
Apr
2025

Shopper Park Plus mulls CEE expansion

by Property Forum
Budapest-based Shopper Park Plus (SPP) is considering a range of financing options to further its corporate development, following the successful completion of a portfolio deal in Slovakia with a 9.5% yield. 
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News Study: Miscommunication costs valuable time in real estate deals
29
Apr
2025

Study: Miscommunication costs valuable time in real estate deals

by Property Forum
Miscommunication is a significant impediment to deal timelines in the real estate and M&A sectors, finds a recent study by Drooms and Statista.
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News CPIPG divests another hotel in Prague
29
Apr
2025

CPIPG divests another hotel in Prague

by Property Forum
CPI Property Group has sold another hotel on Prague's Wenceslas Square, reports SeznamZprávy.cz. After the Juliš Hotel, this is the building that houses the Ramada Hotel and the largest Central European bookstore. 
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News Office vacancy in Prague declines, pushing rent prices up
29
Apr
2025

Office vacancy in Prague declines, pushing rent prices up

by Property Forum
Only one office project was completed in the Prague office market during Q1 2025, adding 8,700 sqm to the total stock of 3.96 million sqm, reveals Prague Research Forum in its Office Market Figures for Q1 2025.
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News ESA logistika leases 15,000 sqm near Łódź
29
Apr
2025

ESA logistika leases 15,000 sqm near Łódź

by Property Forum
ESA logistika has leased over 15,000 sqm of modern warehouse and office space at Prologis Park Piotrków (central Poland). The company was supported in the site selection and lease negotiations process by the advisory agency Renthis Estate.
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News GLP completes development of Wrocław V Logistics centre
29
Apr
2025

GLP completes development of Wrocław V Logistics centre

by Property Forum
GLP has completed the development of the final warehouse at its logistics and production centre in Magnice, near Wrocław (southern Poland). 
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News Panattoni secures €40 million for investment in Sosnowiec
29
Apr
2025

Panattoni secures €40 million for investment in Sosnowiec

by Property Forum
Panattoni has secured financing from BNP Paribas. The €40 million loan will support the development of Panattoni Park Sosnowiec IV. The investment will comprise nearly 63,000 sqm across two buildings, with over half of the space already leased to a big retail chain.
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News NGI to make first forward funding transaction in Poland
28
Apr
2025

NGI to make first forward funding transaction in Poland

by Property Forum
Newgate Investment (NGI) and Redkom Development are collaborating to introduce the first large retail park in the region of the city of Bydgoszcz (northern Poland). It will feature a diverse range of shops, service points, restaurants, and recreational facilities. This marks NGI's first forward funding transaction in the Polish market. The new retail park will cover approximately 16,000 square meters (GLA) and will be constructed and commercialised by Redkom Development, with NGI financing the development process.
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News Czech hotel market gains momentum in Q1 2025
28
Apr
2025

Czech hotel market gains momentum in Q1 2025

by Property Forum
In  Q1 2025, the transaction volume in the Czech hotel sector has nearly tripled the total volume of the entire 2024, worth €120 million, reports Savills. 
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Latest news


New leases

  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.
  • A new flagship Stay Fit Gym centre will open this summer in the Palas mixed-use complex, owned by Iulius in the center of Iași. The chain currently includes 52 locations and boasts over 60,000 active members.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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