News - Forestay Group & Recorde buy office building in Budapest
23
Jan
2025

Forestay Group & Recorde buy office building in Budapest

by Property Forum
Forestay Group and Recorde Asset Management have purchased a 10,200 sqm office building in central Budapest from Generali Real Estate for an undisclosed sum. 
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News - Gránit Asset Management joins Hungary's Golden Visa Program
23
Jan
2025

Gránit Asset Management joins Hungary's Golden Visa Program

by Property Forum
Gránit Asset Management has been added to the Constitution Protection Office's list of qualified market operators, thus enabling its participation in the investor visa program aimed at modernizing and improving the quality of Hungary's real estate stock.   
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News - Zacaria kicks off retail project in Cisnădie
23
Jan
2025

Zacaria kicks off retail project in Cisnădie

by Property Forum
Zacaria Group, specialized in the development of residential and industrial projects, has started the construction of its first retail project in Cisnădie.
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News - Investment market in Poland to rebound in 2025
23
Jan
2025

Investment market in Poland to rebound in 2025

by Property Forum
According to the latest report by Avison Young, after a challenging period of investment slowdown in 2023, the 2024 results signal a return to stability and a hint of optimism. Poland’s total transaction volume in 2024 more than doubled compared to 2023, reflecting a significant resurgence in market activity.
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News - GLP constructs new industrial centre near Prague
23
Jan
2025

GLP constructs new industrial centre near Prague

by Property Forum
The development of GLP Park Praha Kozomín has been designed to offer retail, logistics, production and research spaces. Work on the park's construction is in full swing with a completion date of this September. 
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News - UE Furniture buys 200,000 sqm of land and buildings in Romania
23
Jan
2025

UE Furniture buys 200,000 sqm of land and buildings in Romania

by Property Forum
Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar. 
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News - What to expect from Romania’s real estate sector in 2025?
22
Jan
2025

What to expect from Romania’s real estate sector in 2025?

by Property Forum
Investments in the retail sector will continue in 2025 on the local market, while housing prices could increase in the coming period, according to Colliers Romania forecasting. 
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News - Prague's Myslbek centre changes ownership
22
Jan
2025

Prague's Myslbek centre changes ownership

by Property Forum
The Myslbek office and retail complex on Prague’s centrally located Na Příkopě Street has been purchased by Max Realitní Fund. 
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News - Antracit launches construction of mixed-use building in Ostrava
22
Jan
2025

Antracit launches construction of mixed-use building in Ostrava

by Property Forum
The development group Antracit, part of the investment holding Purposia Group, is starting construction of the mixed-use project Václav in the historic centre of Ostrava. 
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News - KÉSZ Group resi project in Bucharest reaches 27% sale rate
22
Jan
2025

KÉSZ Group resi project in Bucharest reaches 27% sale rate

by Property Forum
KÉSZ Group has announced that its Corallis residential complex in Bucharest has already sold homes amounting to around €11.5 million, which accounts for 27% of the whole residential stock in the project. 
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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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