News - Western European companies lead property investments in Romania
25
Feb
2025

Western European companies lead property investments in Romania

by Property Forum
Western European investors have been the most active buyers of real estate assets in Romania over the past five years, making placements of €1.75 billion, according to data from Cushman & Wakefield Echinox.
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News - Romania's rental niche boosted by tight resi market
25
Feb
2025

Romania's rental niche boosted by tight resi market

by Property Forum
Romania's housing market faced a significant imbalance in 2024, with new home deliveries falling 15% nationwide and over 20% in Bucharest, while demand rose by 7%, finds a Colliers report.
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News - Redstone loses permit for Olomouc skyscraper
25
Feb
2025

Redstone loses permit for Olomouc skyscraper

by Property Forum
The panorama of the historic centre of Olomouc is not changing yet. In recent days, the regional court has annulled the zoning decision for the planned construction of a skyscraper by Redstone, reports E15.cz.
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News - Prague office market suffers from supply/demand imbalance
25
Feb
2025

Prague office market suffers from supply/demand imbalance

by Property Forum
According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures.
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News - Construction activity in Hungary remains flat in 2024
25
Feb
2025

Construction activity in Hungary remains flat in 2024

by Property Forum
The Hungarian construction industry experienced a mixed performance in 2024, with the final quarter showing a significant increase in the value of started projects, largely due to the Mohács Danube Bridge project.
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News - Real estate dominates Romania's M&A market
25
Feb
2025

Real estate dominates Romania's M&A market

by Property Forum
The real estate and construction sector was the most active in terms of the number of M&A transactions in Romania during 2024, accounting for 28% of the total market, which reached an estimated value of between €5.7 and €6.1 billion.
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News - Shopper Park Plus buys retail parks in Slovakia
24
Feb
2025

Shopper Park Plus buys retail parks in Slovakia

by Property Forum
Shopper Park Plus Nyrt. (SPP) has purchased a Tesco-anchored retail park portfolio in Slovakia from Tesco Stores SR. 
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News - Concens launches construction of logistics park in Ostrava
24
Feb
2025

Concens launches construction of logistics park in Ostrava

by Property Forum
Based on the valid building permit, the developer Concens Investments has commenced construction of Phase III of the Ostrava Airport Multimodal Park at Leoš Janáček Airport in Ostrava Mošnov. The BMW Group will use these buildings as an overseas logistics centre. 
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News - Scallier to open new retail park in Arad
24
Feb
2025

Scallier to open new retail park in Arad

by Property Forum
Scallier opens in March a new retail park in Arad, taking its national network to seven projects under the Funshop Park brand.
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News - Prague hotel changes hands in CEE's largest single hotel transaction
24
Feb
2025

Prague hotel changes hands in CEE's largest single hotel transaction

by Property Forum
CBRE has advised on the sale of the Hilton Prague for the Irish Bank Resolution Corporation, marking the largest single-asset hotel transaction ever recorded in CEE. Czech group PPF has purchased the asset.
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Latest news


New leases

  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
  • Local courier company Sameday is occupying a new 5,000 sqm last-mile logistics facility in Constanța Olympian Parks, part of Helios Phoenix Group. During the 2025 Black Friday campaign, Sameday's new regional hub in Constanța processed over 400,000 parcels.
  • ITPunkt has leased 460 sqm for its new HQ at Oxygen Park office complex in Warsaw. At the same time, Paszkiewicz Firma Budowlana expanded its leased area to 300 sqm in the same project.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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