Bajkalská Street in Bratislava is a step closer to transformation into a modern city district. The mixed-use complex Aston 2.022 from the developer Estate 01 has already managed to obtain the first important approval - environmental impact assessment. The developer is moving to the next permitting stage, Yimba.sk reports.
Arcona Property Fund investing in Central and Eastern Europe has acquired a plot of land in the centre of the capital of Ukraine for approximately CZK 50 million (€2 million), Newstream.cz reports.
AFI Europe has reached full occupancy for its portfolio of rental apartments in Prague. The company is currently building more than 500 more apartments in the Czech metropolis.
Companies in regional cities in the Czech Republic have been facing an increasing challenge in finding quality office space, reports the Regional Research Forum. H2 2024 data for Brno and Ostrava shows that a shortage of office space is thus creating pressure on the market and tenants.
TSH Investment, a joint venture between Bulgarian investment companies Trinity Capital AD and Hus Invest EAD, has purchased shopping mall Park Center Sofia from Revetas Group, for an undisclosed sum.
According to the latest report from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015. This was driven by the strength of evolving retail parks. Another key report finding is the growth of the luxury goods market and the increasing practical use of AI in retail.
Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.
Cluj-Napoca recorded a fourfold growth in office leasing in 2024 and was the biggest regional market for such transactions, according to a Fortim Trusted Advisors analysis.
Dr. Dániel H. Nagy, Partner and Head of Tax & Legal Services of Forvis Mazars Hungary, talked to Property Forum about the strong points of Hungary’s tax system for real estate investors and the ESG-based trends shaping the CEE property sector.
As of January 2025, ten modern commercial properties of the Czech real estate fund's Investika portfolio have completed the BREEAM international environmental certification.
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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