Empik in Cepelia, Decathlon City in the International Business Center, Bulgari, Luca, Carhartt and Le Szapo. Do the leases signed in Warsaw in recent months herald a high-street revival in Warsaw and beyond? High shopping centre density rates and shrinking retail availability bode well for it. In addition, Cushman & Wakefield notes that the Polish retail market is now going through a very interesting period of growth, with many tenants increasingly focusing on location diversification as new retail concepts and formats are emerging. This means that there is a real chance of a revival of high-street retail.

Hungary's construction sector showed a spectacular rebound in April, with output volumes up 11% on the previous month, completely making up for the feeble performance of the previous two months. The production figures in recent months for a sector in fundamentally poor shape are far from tragic, nor are the order books figures, but we are seeing such huge month-to-month fluctuations that it is very difficult to assess what is happening in the construction sector.

Developer Sekyra Group is launching the second stage of its extensive project of the new Smíchov City district in Prague, reports E15.cz. Three administrative buildings are planned to be built here, including the new headquarters of Česká spořitelna and a hotel.

Developer YIT Slovakia has been planning the construction of the Smartti residential project on Údernícká Street in the Petržalka part of Bratislava for some time. After several years of no news, the project is moving ahead, Yimba.sk reports. Local authorities of Petržalka city part have issued a decision on the location of the building, shifting the development towards its implementation.

The panel discussion on the future of financing during the Future of Real Estate 2024 conference has shown that, for now, relations between the banks and the investors are rather cold. The event was held at the beginning of June in Warsaw by Property Forum and RICS.

Immofinanz has completed the sale of three office buildings in Warsaw to Echo Investment Group. The transaction price amounts to €28.5 million.

Prime Logistics Wrocław and logistics service provider LX Pantos have signed a lease for 100,000 sqm. The transaction saw LX Pantos renegotiate its contract and expand to a new building to consolidate its warehouse space in a single location. This marks the largest warehouse deal in Poland this year. LX Pantos was advised by Cushman & Wakefield. CBRE advised the owner of Prime Logistics Wrocław, Brookfield Properties.

The city of Prague is buying the company VN 42, owning an office building on the corner of Wenceslas Square and Štěpánské Street, from Komerční Banka, reports E15.cz. The municipality is planning to move employees from the Škoda Palace in Jungmannova Street, leased until the end of March 2028.

Romanian developer Metav has obtained the construction permit for a new residential project in Pipera, near Bucharest, and will start the development of the project this month.

VGP has started the construction of Hall B in VGP Park České Budějovice, located on the outskirts of the South Bohemian metropolis in the Světlík commercial zone, earlier this year. The "Small business units" concept represents a solution for small and medium-sized companies.