Austrian investment firm Erste Asset Management has completed a cross-border merger with its Czech subsidiary REICO investiční společnost, effective 1 October 2026 following registration in the Austrian commercial register. The merger received regulatory approval from supervisory authorities in both Austria and the Czech Republic. REICO ceases to exist as a separate legal entity, with all assets, liabilities, rights and obligations transferring to Erste Asset Management.

Cushman & Wakefield Echinox has promoted Claudia Scarlat to Deputy Head of Valuation and expanded the responsibilities of Bogdan Sergentu, who becomes Head of Valuation, Data & AI Strategy. The appointments strengthen the management structure of the Valuation department and support a new strategic direction focused on data and artificial intelligence across the company.

Romania Sotheby's International Realty has reduced the asking price of Cantacuzino-Ghica Castle in Deleni, Iași county, by €50,000, bringing it to €750,000. The Class A listed manor and its park of more than four hectares are being offered for conversion into hospitality, wellness or private residential use.

CBRE Investment Management (CBRE IM) has appointed Bert Hesselink as EMEA Customer Relationship Management Logistics Lead. In the role, he will strengthen relationships with occupiers across CBRE IM's logistics portfolio, helping businesses identify real estate solutions that support their operational and growth requirements. He will work closely with local asset management, leasing and operating teams, acting as a strategic partner to occupiers across the logistics, retail and office sectors.

Property Forum and The Poland Observer are joining forces at Expo Real 2026 for a dedicated conference session exploring the investment outlook for Poland and Central and Eastern Europe. Taking place from 15:00 to 16:30 on 6 October, the 90-minute programme will bring together real estate leaders to discuss where opportunities could emerge across the region as the market heads towards 2027.

Around 20 million sqm of modern retail space across the CEE-6 and Baltic markets is more than 15 years old, driving a new wave of refurbishment, repositioning and selective redevelopment, according to Colliers' ExCEEding Borders Retail 2026 report. Total modern retail stock across the analysed markets stands at approximately 33.3 million sqm, of which more than 10.6 million sqm is already over 20 years old. The ageing profile reflects the development boom of the late 1990s and early 2000s. Budapest has the highest share of stock over 15 years old at 84%, followed by Riga at 76% and Warsaw at 70%, with Tallinn, Bratislava, Prague and Vilnius all exceeding 60%.

PPF Real Estate has agreed to acquire the Telehouse office building in Prague's Dejvice district from a group of investors comprising BPD Development and Radek Pokorný's Engine Prague Development. The building is situated close to PPF Group's headquarters in Prague 6.

Ghelamco has entered into a conditional sale agreement for its Chopin Tower project in Warsaw with a special purpose vehicle owned by an international investor. The sale price has been set at €54.4 million net. Under the agreement, Ghelamco will remain responsible for the project's development and construction, with proceeds from the sale to be applied to further deleveraging of the group.

North Bucharest Investments (NBI) and Denya are marking a new stage in their partnership for Denya Lake, a residential development in the Pipera area of northern Bucharest, with a private event called "Discover Denya Lake" scheduled for 8 October 2026. The event will take place on site from 6:30 PM and will bring together investors, clients and business partners for a private viewing of the €45 million project. Ronen Ginsburg, CEO of Denya Group, will travel to Bucharest for the occasion, joining Shlomi Mintzer, CEO of Danya Cebus Romania, and Vlad Musteata, Founder and CEO of North Bucharest Investments.

HB Reavis has secured more than €50 million in additional financing for Varso Place in Warsaw, bringing the total refinancing package to €555 million. The increase was made possible through amendments to existing agreements with a consortium of seven banks.