Focus Estate Fund has acquired three shopping centers in Poland. The assets' total Gross Leasable Area (GLA) is approximately 46,000 sqm. The value of the transaction has not been disclosed. 

Shares in real estate company GTC were down 8% to PLN 3.99 on the Warsaw Stock Exchange since March 19, while the yield on its euro-denominated bond rose to 13% following financial issues related to its parent company, Optima Befektetesi Zrt.

Construction labour cost and availability have become the primary concerns for real estate developers in Central Europe, according to a new survey by Deloitte. This shift sees it surpassing project financing, which has been the dominant issue in recent years.   

Niro Investment Group has officially opened its luxury boutique hotel Corinthia Grand Hotel du Boulevard Bucharest, following a franchise agreement with the Corinthia hotel chain.

Panattoni is expanding its cooperation with LPP Logistics. The logistics operator from the LPP Group – the largest fashion company in the CEE region – has leased over 18,000 sqm at Panattoni Park Bydgoszcz II.

Office buildings with coworking and serviced offices are more likely to attract tenants. Flexible workspaces are used by corporations, small companies, and start-ups alike, according to Newmark Poland. 

The second phase of solar power plant installation at ARETE Park Valašské Meziříčí has been completed. Photovoltaic panels with a total capacity of nearly 1 MW have been installed on the rooftops of two buildings.

Scott.Weber Workspace has leased new premises in the heart of Prague's Smíchov district, which is fast becoming an important centre of the capital. 

The CEE Student Housing Fund of 1 Asset Management has secured a project finance loan of over PLN 150 million from mBank S.A. The financing will support the transformation of 21,000 sqm within the A-class Lipowy Office Park, located in Warsaw’s Ochota district, into coliving spaces tailored for young professionals and students.

iO Partners Hungary successfully advised on the sale of a nearly fully leased office building in Budapest’s Váci Corridor.