The Czech branch of Colliers launched a new generation of search engines for vacant office, industrial and retail space in the Czech Republic, the company announced.

Avalant has become JLL's exclusive partner for the office and investment property market in Bulgaria. JLL carried out a tender process, in which several local consultancy companies were invited and Avalant emerged as the selected partner. The collaboration will be made directly with colleagues from JLL Romania.

Romanian developer Forte Partners says that all its office projects in Bucharest are powered solely by renewable energy as part of its sustainability strategy.

Once again, in Q4 2021, the Czech Republic registered the strongest house price growth within the EU, both in a year-on-year (25.8%) and a quarter-on-quarter (5.7%) comparison, well above the EU averages of 10% and 2.1%, respectively, according to Eurostat’s house price index.

In Ljubljana, a huge mixed-use project will see the creation of a new railway station, a new bus station, a hotel, a shopping centre, offices and apartments as part of the Emonika project. The public infrastructure project will be complemented by a private development by Mendota Invest, owned by Hungary’s OTP Real Estate Investment Fund. The project, which is worth nearly €500 million, was presented in Ljubljana by Sándor Csányi, CEO of OTP, Jernej Vrtovec, Slovenia’s Minister of Infrastructure, Zorán Janković, Mayor of Ljubljana, Dusan Mes, CEO of the Slovenian Railways and Janez Kozelj, Deputy Mayor of Ljubljana, Hungarian business daily Portfolio reports.

The French group will open a Mercure hotel in Debrecen, the second-largest city in Hungary. This will be the second destination for the brand outside Budapest.

CPI Property Group plans to offer over two thousand new apartments on the Prague residential market this year. The developer wants to start the construction in three locations - Vysočany, Žižkov and Zahradní Městě, local daily E15 reports.

More than 72,000 homes were delivered across Romania during 2021, which has been a record for the past 32 years, according to real estate consultancy Cushman & Wakefield Echinox. 

Stamatis Sapkas will be the new group CFO of Globalworth starting May 1, replacing Andreas Papadopoulos, who will leave the company after eight years. 

Romania’s trade relations with Ukraine, Russia and Belarus are limited, but the country has been importing raw materials from these countries that are used in the local construction market, according to an analysis by the Eastern European Construction Forecasting Association (EECFA).