News - VGP reports record profit in H1 2024
02
Sep
2024

VGP reports record profit in H1 2024

by Property Forum
VGP NV has announced results for the first half of 2024. Compared to the first half of 2023, profit before tax has increased by 218%. The company has also concluded a record volume of new rental contracts.
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News - Iulius secures urban zoning plan for Cluj-Napoca project
30
Aug
2024

Iulius secures urban zoning plan for Cluj-Napoca project

by Property Forum
Romanian developer Iulius has obtained the urban zoning plan (PUZ) from the local council for a new urban regeneration project in Cluj-Napoca that will have a planned investment of more than €500 million.
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News - Transaction activity in Czech Republic brings good news
30
Aug
2024

Transaction activity in Czech Republic brings good news

by Property Forum
The gap between offer and final prices is narrowing in the Czech Republic and is helping transaction activity for the rest of 2024, according to the regular quarterly office market survey published by Colliers. 
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News - Crestyl continues with next phase in Prague resi development
30
Aug
2024

Crestyl continues with next phase in Prague resi development

by Property Forum
Crestyl has completed two residential houses in its Prague development district Hagibor. The Gamma building with 138 apartments for sale and the Delta building with 168 apartments for rent have passed the building use approval in July.
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News - CTP to expand warehouse park near Gdańsk
30
Aug
2024

CTP to expand warehouse park near Gdańsk

by Property Forum
CTP has purchased a 140,000 sqm plot of land located within the Pomeranian Investment Centre (PCI) - an industrial park located in the vicinity of the largest container terminal on the Baltic Sea. The land acquired from the Gdańsk Economic Development Agency will be used to construct the next stage of the CTPark Gdańsk Port industrial and logistics complex.
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News - Savills relocates HQ in Prague
30
Aug
2024

Savills relocates HQ in Prague

by Property Forum
Savills is moving its headquarters to new office space within the Masaryčka project in the centre of Prague. An additional 50% floor space is giving the Savills the foundation to expand its headcount towards 100 employees over the next phase of the business.
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News - Arete hands over new unit to tenant in Valaské Meziříčí
30
Aug
2024

Arete hands over new unit to tenant in Valaské Meziříčí

by Property Forum
The last unit of Arete Park Valašské Meziříčí has been finished and handed over to DB Schenker, completing the other two units in this park used by the same tenant.
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News - CTP rolls out CTBox concept in Romania with flexible spaces
29
Aug
2024

CTP rolls out CTBox concept in Romania with flexible spaces

by Property Forum
Industrial developer CTP has launched its first CTBox building in Romania on the premises of CTPark Bucharest West. 
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News - Panattoni gets €17 milion from Santander Bank Polska
29
Aug
2024

Panattoni gets €17 milion from Santander Bank Polska

by Property Forum
Panattoni has been issued financing for the construction of City Logistics Warsaw Airport IV. The €17.25 million loan was granted by Santander Bank Polska.
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News - Romania’s retail market heads for 5 million sqm by 2026
29
Aug
2024

Romania’s retail market heads for 5 million sqm by 2026

by Property Forum
Romania’s retail stock expanded by around 106,000 sqm during H1 2026, with another 205,000 sqm under development that could help the country reach the 5 million sqm milestone at the end of 2026, according to a Colliers report. 
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Latest news


New leases

  • Local courier company Sameday is occupying a new 5,000 sqm last-mile logistics facility in Constanța Olympian Parks, part of Helios Phoenix Group. During the 2025 Black Friday campaign, Sameday's new regional hub in Constanța processed over 400,000 parcels.
  • ITPunkt has leased 460 sqm for its new HQ at Oxygen Park office complex in Warsaw. At the same time, Paszkiewicz Firma Budowlana expanded its leased area to 300 sqm in the same project.
  • Engineering company Sanborn will relocate its production capacities to the new Aventin Business Park industrial complex as of August 2026. The company will lease nearly 8,000 sqm of premium space at the site. The long-term lease was brokered by Savills.

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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