Recorde Asset Management, the real estate fund management arm of Concorde Group, in close strategic cooperation with Forestay Group, is investing in the Móricz Student Living student residence and office building.  

The Radisson RED Hotel & Radisson RED Apartments hotel opened in Kraków’s Unity Centre. The property features 229 rooms, along with 46 extended-stay apartments located in a separate building.

S Immo has announced the sale of HOTO Business Tower in Zagreb for an undisclosed sum. The project is located on the south-western edge of the central business district of the Croatian capital and comprises a total leasable area of around 15,500 sqm. 

Polish fashion retailer LPP has reached 90,000 sqm of leased space in CTPark Bucharest West, after opening a new e-commerce facility spanning 40,000 sqm in the project. 

The modern, developer-led warehouse stock in the Czech Republic has reached 12.02 million sqm in the second quarter of 2024. Approximately 117,500 sqm were delivered to the market within 11 industrial parks. Industrial Research Forum has announced industrial market figures for Q2 2024. 

Twenty brands have debuted on the Czech retail market in the first half of 2024, the highest number ever recorded. The biggest categories were Health and Beauty (six brands) and F&B (five brands). 

UDI Group is going to build a new shopping centre in Líbeznice near Prague with a Billa supermarket as the main tenant. The developer is now negotiating with other tenants for the other six units. 

Romanian developer Nobis Group, owned by local entrepreneur Marius Bușu, will invest in a luxury project comprising 28 villas in Pipera, near Bucharest, which will have a market value of around €28 million.

In recent years, many shifts in labour market trends have occurred as companies try to navigate unpredictable social contexts and find the best arrangements for their employees while maintaining high performance. From working in the office to working completely remotely, white-collar employees have tested all scenarios, with the hybrid model emerging as the most popular, according to Marcela Stancu, Community Director at Genesis Property.

Attila Beer, Country Manager at Alukönigstahl Romania & Republic of Moldova, spoke to Property Forum about the company’s growth plans for 2024 and the outlook for the residential sector, which generated 80% of its sales last year.