Total demand for office spaces in Budapest was up 21% year-on-year to 238,400 sqm, of which net take-up accounted for 105,860 sqm, according to the Budapest Research Forum (BRF).

Nusco Imobiliara says it has sold 75% of the second phase of its urban regeneration development Nusco City based in northern Bucharest.

Industrial developer CTP has completed the first phase of its CTPark Arad West project spanning 23,000 sqm, with another 20,000 sqm ready for tenant fit-out.

This year in March Passerinvest Group has opened the Roztyly Plaza office building, which, in addition to administrative areas, is offering 1,600 sqm of commercial space on the ground floor, and another 700 sqm dedicated to a canteen with a cafe. The commercial units located on the ground floor of the seven-floor building are now fully leased. 

AEW has announced the BREEAM New Construction ‘Outstanding’ award with a score of 88.1% for its recently completed 36,400 sqm brownfield logistics development, “the Platform” in Pilsen, Czech Republic. 

Drees & Sommer has released its Innovation Scouting Report 2024 this week. This year, in terms of technology trends and relevance, Trend Radar1 has placed AI first with 23.4%, big data analytics second with 15.3%, and Internet of Things (IoT) third with 11.9%, followed closely by cloud computing and digital twin.

Residential broker North Bucharest Investments (NBI) says it has concluded over 520 real estate transactions in H1 2024, up by 30% compared to the same period of last year.  

Wing will open next year a new 4-star hotel with direct terminal access to the Budapest Liszt Ferenc International Airport. The hotel will be operated under a management agreement with Accor.

Avison Young is announcing the opening of a new business line - Industrial Agency. The new service will be built by a team of renowned market experts acquired from a competitive firm.

Cushman & Wakefield has summarised the situation on the Polish retail market in the second quarter of 2024. There were eight new retail completions with the development pipeline comprising approximately 400,000 sqm. This indicates healthy supply levels amid unwavering occupier demand and strong retail sales, shopping centre footfall and turnover figures.