Zeitgeist Asset Management is deepening its cooperation with the Reico Nemovitostní investment fund, managed by the Reico Erste Asset Management investment company. Zeitgeist is taking over the complete management of another rental housing project. 

Develia has finalised the sale of the Arkady Wrocławskie property in Wrocław to Vastint Poland, part of an international real estate group focused on commercial projects. The transaction value is €42.967 million (approx. PLN 182 million).

According to epiteszforum.hu, Futureal Group’s residential developer arm Cordia will convert the next, currently shell-stage phase of the Corvin Innovation Campus office complex into a residential building. Designed by Radius B+S Architects, the eight-storey building will house more than 200 apartments, some featuring ceiling heights over 3 metres, thanks to the existing structural design. The project will also include a three-level underground garage, 400 sqm of communal space for residents, and a 160 sqm rooftop terrace exclusively for residents.

Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.

LemonTree has launched construction of Westside Szczecin Neo, a new 34,000 sqm logistics and office complex in Szczecin, with nearly half of the space already leased. The project is scheduled for completion in Q1 2026, with Goldbeck as general contractor.

Noli Studios, the Scandinavian serviced living operator, will open a new location in Gdańsk’s Garnizon district in July 2025. The launch follows the brand’s debut in Poland with Noli Studios Warsaw Ursus earlier this year.

Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.

CPI Europe has sold assets exceeding €165 million as part of its strategy to divest lower-yielding or non-strategic assets.

Niam, a leading real asset manager in Northern Europe, has completed the sale of two office buildings from the High5ive complex in Kraków to Stena Real Estate AB. The buyer is part of the Stena Sphere, one of Sweden’s largest family-owned business groups.

Global motion technology company Schaeffler is set to open a 62,500 sqm regional distribution and kitting centre at Prologis Park Ujazd in Poland. The build-to-suit facility, currently under development, will serve the Eastern and Southeastern European markets and is scheduled to launch in the first half of 2026.