Radisson Hotel Group has announced a raft of new developments in Romania, as it sees the country as a pivotal market for growth. 

Property Forum is proud to present the fifth edition of its annual listing of the 50 most influential people in the Romanian real estate market. The publication, along with all previous editions, is now available on the Property Forum website.

After more than a year of debate, Prague councillors have allowed the sale of land around the Nádraží Holešovice metro station C, reports E15.cz. The Prague Public Transport Company (DPP) is to sell it to the Nové Holešovice company, a joint venture between DPP and developers Karlín Group and CPI Property Group. 

Skanska is redefining demolition with its “remolition” project. Mercury, the future development by Skanska in Prague’s Holešovice, is designed to minimise its carbon footprint throughout its lifecycle.

IAD IRF, a sub-fund of IAD Investments Fund, has signed a lease agreement with Kooperativa poisťovňa, a.s. Vienna Insurance Group and its subsidiaries for the office space in the Twin City C building in Bratislava. 

The EBRD has invested €76 million in VGP's green bond program, supporting the company’s development and fund acquisitions of sustainable parks across Croatia, Czechia, Hungary, Romania, Serbia, and the Slovak Republic.

Iulius and Atterbury Europe have secured the largest loan ever granted for a new real estate development in Romania. The €400 million syndicated financing will back the development of the Rivus Cluj-Napoca mixed-use urban reconversion project. The green loan was provided by a consortium of four major financial institutions: Erste Bank, BCR, EBRD, and BRD. 

Romania has elected a new president in a landmark vote, with independent and pro-European candidate Nicușor Dan defeating far-right rival George Simion with 54% of the vote. The result marks a major political shift, as neither of Romania’s traditional parties advanced to the final round. In Poland, the second round of the election is to take place amidst the fiscal clarity issues.

Panattoni has secured two new tenants for its investment in Siedlce (eastern Poland). FoodWell – a leading player in the dried fruit and nuts market – will occupy 5,700 sqm in an existing building. Over 6,200 sqm of new warehouse space will be developed for a second tenant, a logistics operator.

The European Bank for Reconstruction and Development (EBRD) is extending an €80 million portfolio risk-sharing guarantee to BNP Paribas Bank Polska to help increase access to green finance in Poland.