WOOD & Company has announced the sale of the Westend Tower office building in Bratislava. This transaction is the first sale of an office building within the WOOD & Company Office Subfund portfolio and a signal of recovery in the commercial real estate market. 

Hungarian investor Gránit Asset Management, with HUF 1,100 billion of assets under management, is reported to be nearing a deal for the purchase of the Equilibrium 1 building in northern Bucharest from Skanska, Romanian media reports.

A noisy office environment is affecting the well-being and productivity of employees. 63% of them have reported concentrating troubles due to noise in the workplace, according to a current study by Jabra.

The modern, developer-led warehouse stock in the Czech Republic reached almost 12.2 million sqm in the third quarter of 2024. Approximately 163,500 sqm were delivered to the market within 9 industrial parks across the country. This represents an 11% decrease compared to the same period last year and an increase of 64% quarter-on-quarter, reports Industrial Research Forum in its Industrial Market Figures for Q3 2024.

CA Immo has placed a €350 million fixed rate senior unsecured green bond with a 5.5-year maturity and an annual coupon of 4.25%. The issuance was almost five times oversubscribed at final terms with strong demand from around 150 investors.   

Jacek Wesołowski, Managing Director of Trei Real Estate Poland, has talked to Property Forum about the rising popularity of retail parks in Polish cities, the expansion in the PRS market and the challenges for the coming years.

SEE Property Forum 2024, Romania’s leading international real estate event, brought together top economic minds to debate the effects of the economic convergence process in the region and also the current and future economic outlook of CEE.

Radisson Blu Hotel Bucharest has renovated its meeting and events facilities following an investment of €1.6 million.

Despite a slight increase in vacancy, demand for new offices in Prague persists. However, companies still prefer renegotiations. Lease renewals are almost always accompanied by interior modifications leading to more efficient use of space, reports Prague Research Forum in its Office Market Figures for Q3 2024.

Romania's construction market has reached historic highs over the past two years over increased public investment, financed by both national and European funds. At the same time, demand from the residential market has remained limited due to the slow permitting process for new developments in Bucharest.