Property consultancy 108 Real Estate has announced its expansion in Romania, where it will focus on the industrial segment.

The changing dynamics of office utilisation and the need to balance efficiency and collaboration are hot topics not only for employers but for office providers as well. Resistance of employees returning to the office environment is still both a concern and a challenge. Office investments and a new age of working were the main discussion points at a dedicated panel of Prague Property Forum 2024.

According to data from Colliers, a trend called shell & core is gaining momentum in the Czech Republic. This is a strategy of constructing and building out industrial buildings to the stage of providing basic structures and infrastructure.

The property map of ZDR Investments funds has expanded this year, thanks to acquiring three retail parks in the towns of Prevalje, Ravne, and Slovenj Gradec in the northern part of Slovenia.

Over 15,000 homes in Romania have received the green building certification between 2014 and 2024, and their combined value stands close to €3 billion, according to the Romania Green Building Council (RoGBC).

Prima Development Group has purchased a land plot spanning 6 hectares in northern Bucharest, where it plans to develop a large-scale residential project. The developer already owns another land plot of 5 hectares in the same area.

In 2024, the total investment volume in Poland amounted to €364 million, marking the weakest result for the first quarter in recent years. Interestingly, 25% of the invested capital comes from Polish investors. The warehouse sector remains the leader, accounting for 38% of the total investment volume. Unchanged, the vast majority of office transactions took place in Warsaw, while commercial investments were dominated by retail parks. Additionally, the market also saw two transactions in the residential sector in Warsaw, and two hotels were sold in seaside tourist cities, says Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young.

The 4-day workweek is becoming an increasingly hot topic. Although in Poland it still appears to be a thing of the future, recent years have shown how quickly labour market trends are changing. AI is also broadly expected to have a significant effect on the workplace. BNP Paribas Real Estate experts are wondering, how will all of this impact the commercial real estate market.

The vacancy rate at the end of Q1 2024 reached 8.9% in Greater Budapest, representing a 0.3 percentage points increase quarter-on-quarter, while an increase of 3 percentage points was registered year-on-year, the Budapest Research Forum reports.

Real estate developer Prime Kapital has opened Argeș Mall, a new shopping centre spanning 77,000 sqm in Pitești.