The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.

In 2024, the Echo Investment Group took further steps to diversify its portfolio and strengthen its growth strategy. By the end of the year, the Group maintained a cash reserve of PLN 366 million (ca €87 million), while the total value of its assets exceeded PLN 6.77 billion (ca. €1.6 billion). 

Panattoni has secured €74.5 million in financing from PKO Bank Polski. The loan will support the development of Wrocław Campus 2 – one of the developer’s largest investments in Lower Silesia (southern Poland).

In an exclusive interview with Property Forum, Rüdiger Dany, CEO of NEPI Rockcastle, reflects on the company’s record-breaking year, key investments in retail and green energy and explains why consumer resilience in CEE continues to drive growth. Looking ahead to 2025, he discusses market expectations, omnichannel retail trends, and NEPI Rockcastle’s unwavering commitment to sustainability.

Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria. 

European Green Logistics Space (EGLS), the new investment and development company headed by logistics real estate veteran Ian Worboys, has hired Marta Gorońska-Wiercioch to lead its activity in Poland.

Romanian developer Iulius will start this month a remodelling of its mixed-use project Palas Iași, based on a concept by architecture firm Foster + Partners.

Office fit-out costs in Prague are still competitive despite rising construction costs and higher demand for modern work environments. According to the latest report from Cushman & Wakefield EMEA Fit Out Cost Guide Prague's offer of high-quality office spaces is at more favourable prices compared to other European cities.

Martley Capital has completed the sale of Mazovia Plaza, an office building located in the Praga Północ district of Warsaw. The buyer and the price have not been revealed.

Currently, data centres are one of the most attractive real estate asset classes for investors, according to an analysis by Savills. Investment volumes in this segment have been soaring to new heights, driven by the rapid adoption of AI, cloud computing, and digitalisation across industries.