GTC Group’s management board has announced the acquisition of a residential portfolio in Germany, currently held by Peach Property Group. The portfolio is spread around the cities of Kaiserslautern, Helmstedt, and Heidenheim. It comprises 5,165 residential, 47 commercial units, 71 other units, and 2,108 parking units with a total leasable area of 324,167 sqm. GTC said the portfolio has an adjusted property value of approximately €448 million based on full ownership.

CBRE is celebrating 25 years on the Czech market with a review of how the commercial real estate market has changed over the past quarter of a century and where it is heading next. 

The latest Savills report highlights Poland as an emerging logistics powerhouse, particularly considering recent geopolitical and economic changes. With its strategic location and rapidly expanding infrastructure, Poland is becoming a logistics and production hub for markets in Western Europe and Scandinavia, attracting investors and global corporations that are diversifying risk and shifting operations from Asia to Europe.

VGP has reached another milestone in VGP Park Ústí nad Labem City.  It has completed and handed over building B, where RTR-TRANSPORT A LOGISTIKA has leased warehouse and office premises.

Cresco Real Estate has been developing the Slnečnice district south of Bratislava's Petržalka quarter since 2010. Now it has begun to transform the territory of the local hill into the new part called Villadomy Zone.

Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.

Property Forum is inviting its readers to select the winner of one of its CEE Property Forum Awards. Voting for the PropTech of the Year category is now open and closes on Friday morning (22 November, 10:00 CET).

Romania’s property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.

The transformation of Prague's Florenc quarter is progressing to the next phase. Penta Real Estate, in cooperation with the capital city of Prague and the city districts of Prague 1 and Prague 8, has announced four international architectural competitions for four blocks in the area between the highway and the Prague-Florenc bus station.

The Amadeus Real Estate Group is preparing to sell the Máj department store in the centre of Prague to Realita fund, managed by the investment company Atris, reports Seznamzpravy.cz.