News - Revetas Group sells Park Center Sofia to TSH Investment
07
Feb
2025

Revetas Group sells Park Center Sofia to TSH Investment

by Property Forum
Revetas Group has announced the sale of Park Center Sofia shopping center to TSH Investment, a joint venture between Trinity Capital AD and HUS Invest AD, for an undisclosed sum. 
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News - Hungarian gov't backs out of "Maxi Dubai" project in Budapest
06
Feb
2025

Hungarian gov't backs out of "Maxi Dubai" project in Budapest

by Property Forum
The Hungarian government has recognised that Budapest’s municipally owned company exercised its pre-emption right over the Rákosrendező plot. Therefore, the megaproject by UAE-based Eagle Hills Group, dubbed "Maxi Dubai" in the local media, is effectively cancelled.
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News - Penta proceeds with revitalisation of Masaryk area
06
Feb
2025

Penta proceeds with revitalisation of Masaryk area

by Property Forum
The revitalisation of the surroundings of Masaryk station by Penta Real Estate is moving to the next stage. The focus of action is now directed to the south side, to Hybernská Street. 
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News - PSN launches new project in Brno
06
Feb
2025

PSN launches new project in Brno

by Property Forum
PSN is starting the transformation of the Brno One brownfield in Plynárenská Street this year. In the course of the following years, it is going to turn into a modern urban district combining housing, spaces for work and leisure activities.
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News - Penta appoints new country director in Slovakia
06
Feb
2025

Penta appoints new country director in Slovakia

by Property Forum
Penta Real Estate has announced a change in the management of the Slovak part of the company. The current Country Managing Director Juraj Nevolník is leaving the company for personal reasons. He is going to be replaced by Michal Rehák, currently working in the Business Director position. 
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News - Panattoni secures €9.1 million for investment near Poznań
06
Feb
2025

Panattoni secures €9.1 million for investment near Poznań

by Property Forum
Panattoni has secured financing for the first phase of Panattoni Park Poznań XIV — a logistics project underway in Głuchowo, near Poznań. The €9.1 million loan was provided by Santander Bank Polska.
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News - One United Properties to expand in retail parks segment
06
Feb
2025

One United Properties to expand in retail parks segment

by Property Forum
Romanian developer One United Properties, specialized in office and premium residential projects, is looking to build a portfolio in the retail segment.  
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News - CTP inks 64,000 sqm industrial lease deal in Serbia
06
Feb
2025

CTP inks 64,000 sqm industrial lease deal in Serbia

by Property Forum
Industrial developer CTP has signed three new leases with logistics provider Milšped in Serbia, taking the total leased space by the company to 105,000 sqm. 
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News - Return to office mandates to boost demand for new spaces
06
Feb
2025

Return to office mandates to boost demand for new spaces

by Ovidiu Nicolae
Vlad Săftoiu, Head of Research Cushman & Wakefield Echinox, talked to Property Forum about the demand trends in the Romanian office market and the outlook for industrial and retail investments in 2025.
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News - Slovak MPs approve new Construction Code
05
Feb
2025

Slovak MPs approve new Construction Code

by Property Forum
After many attempts, approval and subsequent rejection, the new Construction Code has finally been approved in Slovakia, reports YIMBA.sk. It is supposed to be one of the important tools contributing to the economic competitiveness of Slovakia by simplifying and speeding up construction procedures. 
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Latest news


New leases

  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
  • 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.

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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