Hungarian developer Faedra Group has kicked off the construction of two industrial and logistics warehouses in Budapest, covering a total of more than 21,000 sqm, following an investment of more than €23 million. 

The Romanian-German Chamber of Commerce and Industry (AHK Romania) will host the 12th edition of the Cities of Tomorrow conference on October 24-25, 2024. This year’s event will be held in Oradea, in partnership with Oradea City Hall, and supported by Bihor County Council and Visit Oradea. Property Forum is the media partner for this exclusive event.

European Logistics Investment (ELI), a logistics platform operating in the Polish market owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia. The first is in Knurów and has been fully leased to Fortaco Group; the second is located in Ruda Śląska and is let to Konimpex.

Global hospitality group Marriott International will open three new hotels in Romania in the next five years as part of a partnership with a local investor.

In the first half of 2024, Echo Investment Group successfully implemented its growth strategy, continuing construction projects, selling nearly 900 apartments, and debuting in the private student housing segment. The Group's total assets at the end of June exceeded PLN 6.5 billion (ca. €1.5 billion) with cash reserves surpassing PLN 523 million (ca. €121 million).

Generali is becoming the anchor tenant in the office complex Vilharia constructed by the Slovak developer Corwin in the heart of Ljubljana. 

Romania’s industrial stock totaled 7.3 million sqm during H1 2024, while new projects spanning 700,000 sqm were under various development stages, according to a report by Colliers.

The Reico ČS Nemovitostní fund (RČSN) has sold its smallest property, the shopping centre in České Budějovice. The building has been purchased by Conseq realitní, an open shareholding fund managed by Conseq Funds investiční společnost (investment company). 

The Reico ČS Nemovitostní (RČSN) fund is expanding its investment portfolio. To its commercial real estate portfolio the fund is now adding the first residential rental housing project. 

IAD Investments has bought almost 80 hectares of land from Valaliky Industrial Park for the construction of an industrial park for suppliers of the Volvo car company near Košice, Eastern Slovakia.