News Western European companies lead property investments in Romania
25
Feb
2025

Western European companies lead property investments in Romania

by Property Forum
Western European investors have been the most active buyers of real estate assets in Romania over the past five years, making placements of €1.75 billion, according to data from Cushman & Wakefield Echinox.
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News Romania's rental niche boosted by tight resi market
25
Feb
2025

Romania's rental niche boosted by tight resi market

by Property Forum
Romania's housing market faced a significant imbalance in 2024, with new home deliveries falling 15% nationwide and over 20% in Bucharest, while demand rose by 7%, finds a Colliers report.
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News Redstone loses permit for Olomouc skyscraper
25
Feb
2025

Redstone loses permit for Olomouc skyscraper

by Property Forum
The panorama of the historic centre of Olomouc is not changing yet. In recent days, the regional court has annulled the zoning decision for the planned construction of a skyscraper by Redstone, reports E15.cz.
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News Prague office market suffers from supply/demand imbalance
25
Feb
2025

Prague office market suffers from supply/demand imbalance

by Property Forum
According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures.
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News Construction activity in Hungary remains flat in 2024
25
Feb
2025

Construction activity in Hungary remains flat in 2024

by Property Forum
The Hungarian construction industry experienced a mixed performance in 2024, with the final quarter showing a significant increase in the value of started projects, largely due to the Mohács Danube Bridge project.
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News Real estate dominates Romania's M&A market
25
Feb
2025

Real estate dominates Romania's M&A market

by Property Forum
The real estate and construction sector was the most active in terms of the number of M&A transactions in Romania during 2024, accounting for 28% of the total market, which reached an estimated value of between €5.7 and €6.1 billion.
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News Shopper Park Plus buys retail parks in Slovakia
24
Feb
2025

Shopper Park Plus buys retail parks in Slovakia

by Property Forum
Shopper Park Plus Nyrt. (SPP) has purchased a Tesco-anchored retail park portfolio in Slovakia from Tesco Stores SR. 
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News Concens launches construction of logistics park in Ostrava
24
Feb
2025

Concens launches construction of logistics park in Ostrava

by Property Forum
Based on the valid building permit, the developer Concens Investments has commenced construction of Phase III of the Ostrava Airport Multimodal Park at Leoš Janáček Airport in Ostrava Mošnov. The BMW Group will use these buildings as an overseas logistics centre. 
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News Scallier to open new retail park in Arad
24
Feb
2025

Scallier to open new retail park in Arad

by Property Forum
Scallier opens in March a new retail park in Arad, taking its national network to seven projects under the Funshop Park brand.
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News Prague hotel changes hands in CEE's largest single hotel transaction
24
Feb
2025

Prague hotel changes hands in CEE's largest single hotel transaction

by Property Forum
CBRE has advised on the sale of the Hilton Prague for the Irish Bank Resolution Corporation, marking the largest single-asset hotel transaction ever recorded in CEE. Czech group PPF has purchased the asset.
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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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