Real estate group Wing has announced the transformation of its Budapest-based HOP office complex into HOP Technology Office Park.

With a collective urgency to accelerate decarbonisation in our built environment, national targets and business commitments are supporting change. However, we critically need to turn these plans into action and realise significant carbon reductions in our towns and cities.  

CPIPG has announced further progress in the Group’s strategy to reduce leverage. CPIPG and its subsidiaries, CPI FIM SA and Czech Property Investments have signed a partnership agreement through which CPIPG is going to sell a 49% common equity stake in Vulcanion for €250 million to funds managed by Sona Asset Management.

Alto Real Estate is developing the site of the former terminal in Rača district in Bratislava into a new area consisting of city warehouses and retail and showroom premises of Store.to, reports Yimba.sk.

Panattoni has completed the construction of a new production and warehouse facility for Air Spiralo in Szamotuły, near Poznań. The new 9,200 sqm investment will enhance the company's production and logistics capabilities.

The northern part of Bucharest is popular among investors due to the attractive yields that can be generated by residential projects.

The construction industry in SEE-based countries is in the recovery phase and could reach a new peak by 2026, while some countries in Eastern Europe have cooling activity in this sector, according to a report by the Eastern European Construction Forecasting Association (EECFA).

Aleksandra Mazzini, COO of Sierra Balmain Asset Management, talked to Property Forum about the current popularity of retail parks, the ongoing transformation of the retail sector and the point, where ESG and AI meet together.

The transformation of the so-called Pentagon in Palmovka district in Prague 8 has moved closer to reality. The Prague city deputies have approved a change to the city master plan this week, enabling the coordinated urban development of this area.

Cushman & Wakefield Slovakia has announced the successful sale & leaseback of Semecs's production facility in Vráble, Slovakia. The transaction involves a production hall with an area of nearly 9,000 sqm. The buyer is ZDR Investments, an investment real estate fund. This is already the second acquisition for the fund. The fund enables the general public to invest in industrial real estate intended for light manufacturing and logistics.