While 116,000 sqm of office spaces were leased in Bucharest during Q4 2023, the overall transactional volume climbed to 463,000 sqm during the whole year, marking an all time take-up record, according to a Cushman & Wakefield Echinox report.

Romanian developer Prima Development Group has kicked off the construction of the second phase of its Prima Vista residential complex based in northern Bucharest.

GLP has begun construction of a new 38,000 sqm warehouse near the eastern border of Warsaw, close to the A2 motorway junction. The development will contribute to a reduction in CO2 emissions through the implementation of heat pumps, enhanced insulation, and smart metering.

Romanian developer Alsin Management will kick off the construction of a villa complex in northern Bucharest, in parallel with the development of a residential complex. Both projects are based in Pipera.

The decline in residential real estate prices in Slovakia has almost stopped. Available monthly statistics are indicating when the residential property prices' bottom hit has happened, the National Bank of Slovakia reports.

The construction of a brand-new facility at the MLP Poznań logistics centre, built-to-suit for HAVI Logistics, is already underway. The project involves developing over 16,000 sqm of new space.. The goal is to achieve a BREEAM New Construction environmental certification of ‘Excellent’. MLP Group has entrusted the role of general contractor to WPIP Construction. Completion of the works and handover to the occupier will take place in August of this year.

MDC2, together with an investor - Invesco Real Estate, has concluded a lease agreement with AFL, which has taken 10,784 sqm at MDC2 Park Gliwice.

Panattoni has begun its biggest urban warehouse development in Warsaw. City Logistics Warsaw Airport IV with over 45,000 sqm is to be constructed near Warsaw’s Chopin Airport. In the first stage, a warehouse building is to be built that will be occupied by a tenant from the logistics sector.

Romanian developer One United Properties said it sold and pre-sold apartments with a combined value of €274.9 million during 2023, up by 63% year-on-year.

REDD Group has launched finne, a search engine for commercial real estate, in four new countries in the region: Czech Republic, Slovakia, Romania and Hungary.