157 studios from 33 countries in Europe, America and Asia have applied to the competition for the revitalisation of a brownfield and the construction of new city blocks in Prague's Florenc. An international jury led by renowned German architect Stefan Behnisch has selected the advancing teams of four concurrent architectural competitions. 

iO Partners and Miebach Consulting have formed a new partnership to deliver enhanced real estate and supply chain solutions across CEE.

Panattoni announces a partnership with Merity fund, an investment entity specializing in premium logistics properties. Together, they will extend Panattoni Park Warsaw North III by 53,000 sqm.

A new premium residential project is to be built Gdańsk, thanks to a joint venture between BPI Real Estate Poland and Speedwell. The site was secured earlier by BPI.

Industrial developer CTP has expanded its partnership with Rara Logistic, a logistics services provider in Romania, reaching over 31,000 sqm of leased spaces across industrial parks in Bucharest, Sibiu, and Deva.

KÉSZ România has inaugurated a new production factory near the city of Turda, located just 1.5 km from the A3 Transylvania highway.

Immocap and the Municipality of the Capital City of the Slovak Republic Bratislava have signed a Memorandum of Understanding and Joint Action on the Istropolis project. The key point of cooperation between the city and the developer is the space for culture and events.

P3 Group S.à r.l recorded a 17% increase in NOI to €493 million (2023: €423 million), attributed to portfolio expansion and increasing rent levels. On a like-for-like basis, NOI rose by 5%, driven by lease indexation and strong re-leasing spreads, with new effective rents averaging 21% higher when compared to prior leases on the same space. An enhanced EBITDA margin of 85% was achieved.

YIT has announced its record sales in 2024, selling 416 units in connection with the gradual market recovery, representing a more than double increase compared to 2023 with 198 apartments. 

CPI Romania has announced the renewal of lease agreements with Deloitte Romania and WPP at The Mark office building in Bucharest, totaling over 12,000 sqm of office space.