News VGP reveals 2024 financial results with 229% net profit increase
04
Mar
2025

VGP reveals 2024 financial results with 229% net profit increase

by Property Forum
VGP NV has announced its results for the financial year ended 31 December 2024. During the year, new and renewed leases have been signed at a historically high level and net profit has increased by 229% compared to 2023. 
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News Passerinvest to deliver 20,00 sqm office project in Prague
04
Mar
2025

Passerinvest to deliver 20,00 sqm office project in Prague

by Property Forum
Passerinvest is proceeding with constructing the Hila project in Prague's Brumlovka according to the set schedule. Since the beginning of 2025, the concreting of the foundation slab has been completed and the construction of the basement parts of the building is now underway.
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News King Cross Zagreb mall rolls out €40 million extension
04
Mar
2025

King Cross Zagreb mall rolls out €40 million extension

by Property Forum
The King Cross Zagreb shopping centre has completed the first phase of a major renovation project, following an investment of more than €40 million carried out by its owner, SES Spar European Shopping Centers.
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News Țiriac Imobiliare gets permit for mixed-use project in Timișoara
03
Mar
2025

Țiriac Imobiliare gets permit for mixed-use project in Timișoara

by Property Forum
The Timișoara City Hall recently approved the Zonal Urban Plan (PUZ) for a new urban regeneration project by Țiriac Imobiliare, owned by Romanian billionaire Ion Țiriac.
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News YIT completes deal with housing cooperative in Kladno
03
Mar
2025

YIT completes deal with housing cooperative in Kladno

by Property Forum
YIT has launched pre-sales of the second phase of its Portti Kladno project outside Prague. The first phase with 85 residential units has now been sold to a housing cooperative. 
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News Alto RE launches sale in Zaha Hadid resi project in Bratislava
03
Mar
2025

Alto RE launches sale in Zaha Hadid resi project in Bratislava

by Property Forum
Alto Real Estate has commenced the sale of apartments in the Sky Park Tower project, the latest work of the world-renowned architectural studio Zaha Hadid Architects in Bratislava, Slovakia. 
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News Futureal closes near 10,000 sqm in lease deals across Budapest
03
Mar
2025

Futureal closes near 10,000 sqm in lease deals across Budapest

by Property Forum
Futureal has announced the attraction of new tenants at its Budapest ONE and Corvin Innovation Campus office developments. The two complexes have collectively leased nearly 10,000 sqm of office space, bringing Budapest ONE to 98% occupancy and Corvin Innovation Campus to 86%.
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News Accolade appoints new Transaction Director
03
Mar
2025

Accolade appoints new Transaction Director

by Property Forum
At the end of 2024, Jakub Leszczyński, was appointed to the role of Transaction Director at Accolade. In his new position, Jakub is responsible for the comprehensive management of transactional processes, including project financing and refinancing, the selection and structuring of development processes, and the acquisition of warehouse projects. One of his significant achievements since assuming this role has been executing one of the largest green refinancing deals in Poland, valued at €180 million.
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News C&W names new co-leader for CEE&SEE hospitality team
03
Mar
2025

C&W names new co-leader for CEE&SEE hospitality team

by Property Forum
Cushman & Wakefield has strengthened the hospitality leadership team in Central, Eastern & Southeastern Europe. Alina Cazachevici has become the Head of Valuation & Advisory for Hospitality and Alternative sector in Central, Eastern & Southeastern Europe. 
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News Impact Developer & Contractor sees profits double in 2024
03
Mar
2025

Impact Developer & Contractor sees profits double in 2024

by Property Forum
Local residential developer Impact Developer & Contractor recorded a net individual profit of around €17 million in 2024, double compared to the previous year. At the group level, the consolidated net profit was €12 million, also double compared to 2023.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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