In the East European region, the aggregated construction outlook for next year has remained positive, only the trajectory has changed a little, according to the winter report of the Eastern European Construction Forecasting Association (EECFA). 

The Czech commercial real estate investment market is experiencing a record-breaking year, set to reach €4.1 billion by the end of 2025, according to Savills research. To date, 69 transactions have been completed with a total volume of €4 billion, with additional deals worth tens of millions potentially closing by year-end.

Nepi Rockcastle has appointed Marius Barbu as COO, effective from April 2026, to succeed Marek Noetzel, current COO and CEO-designate. He has also been nominated as a Board Director and will stand for election at the next AGM in May 2026.

Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.

Local developer ELI Parks has announced the launch of the second phase of the ELI Park Iași project, adding another 20,000 sqm of industrial and logistics spaces to the existing 20,000 sqm.

Cushman & Wakefield Echinox has completed the sale of the Zenith Conference & Spa hotel in Mamaia to the owners of Steaua de Mare Hotels & Resorts from Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares Management, owned by Dumitru Becșenescu.

Trigea Real Estate Fund has completed one of Poland's largest office transactions this year with the acquisition of Wola Center in central Warsaw.

Panattoni has completed construction of a new production facility for E.G.O.- Group, a leading supplier of components for the household appliances sector. The 15,000 sqm factory was delivered in a build-to-own formula in Łódź, next to the company's existing HQ.

Industrial developer P3 Logistic Parks has signed a contract to build a build-to-suit (BTS) warehouse for Mexen, a distributor of interior design equipment, mainly for kitchens and bathrooms.

Czech investment group Star Capital Finance (SCF) has launched a new subfund SCF Crop within its qualified investor fund SCF Investment Partners Sicav. The fund will focus on retail park investments across CEE, with properties valued at their actual purchase price and a target return exceeding 10% annually.