The ongoing war has significantly transformed various aspects of life in Ukraine, with the real estate market being no exception. Despite the challenges posed by active hostilities, economic instability, and demographic shifts, the resilience and adaptability of Ukrainian businesses are noteworthy. This overview, based on a survey conducted by the Ukraine Real Estate Club among members of the business community, outlines the primary issues, trends, and prospects within the real estate sector during wartime.

The Polish Chamber of Commercial Real Estate (PINK) has published figures summarizing office market in eight major regional markets in Poland (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, Szczecin) for Q4 2024. The data is sourced from advisory companies in the commercial real estate sector. 

Penta Real Estate is planning to continue its development activities in Prague 6, in the Veleslavín area. For this purpose the developer is establishing a joint venture with Radek Pokorný and his new development group Engine Prague Development. 

Poland is one of the six largest higher education centres in Europe, ranking fifth in student population within the European Union and attracting an increasing number of international students. How many beds are available in the country’s student houses? How likely is private purpose-built student accommodation to meet the growing demand from the rising student population? These questions are explored in the latest report from BNP Paribas Real Estate Poland.

Cushman & Wakefield has summarised the situation in the Polish retail market. Over half a million square meters of new retail space came on stream last year, marking the highest new supply level in Poland since 2015. This robust development activity occurred amid rising demand from new retailers and improving consumer sentiment which boosted retail sales.

The transformation of the historic building at Náměstí Republiky 7 in Prague 1 represents the largest project of the company Scott.Weber Workspace to date. 

Alto Real Estate has obtained a valid zoning decision to construct its warehouse area at the entrance to Bratislava at the beginning of January. The process of obtaining a building permit is currently underway. 

Drugstore chain Rossman has started to install equipment in a new warehouse developed by Panattoni Hungary and financed by OTP Real Estate Investment Fund.

M Core, the biggest owner of retail parks in Romania, has purchased Shopping City Suceava from Argo Capital, for an undisclosed sum.

Camelia Ene has been appointed CEO of Roca Industry, the first Romanian holding company of construction materials manufacturers. She is replacing Ionuț Bindea, who hold the roles of Chairman of the Board and Senior Investment Manager of Roca Investments.