News - M Park retail network expands in Orăștie
17
Jul
2025

M Park retail network expands in Orăștie

by Property Forum
Square 7, part of M Core, is expanding its retail footprint in Romania with the development of M Park Orăștie.
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News - EnVogue Residence to add Hilton hotel in Bucharest project
17
Jul
2025

EnVogue Residence to add Hilton hotel in Bucharest project

by Property Forum
Local developer EnVogue Residence will include a Hilton Garden Inn hotel in the final construction phase of the EnVogue Residence – Iuliu Maniu project. The hotel will be part of a new, two-section building whose structure has already been finalised.
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News - Czech bathroom empire launches 600 unit resi reconstruction
17
Jul
2025

Czech bathroom empire launches 600 unit resi reconstruction

by Property Forum
Prague's first skyscraper, built in 1934 and known as the Trade Union House in Prague's Žižkov district, is set to receive a major renovation, reports seznamzpravy.cz. The dilapidated but listed building has been owned by the bathroom empire SIKO since 2018.
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News - Bucharest office leasing reaches lowest point in four years
17
Jul
2025

Bucharest office leasing reaches lowest point in four years

by Property Forum
Office leasing in Bucharest reached its lowest point in four years during H1 2025, according to Colliers consultants. Total leasing transactions exceeded 100,000 sqm, representing a more than one-third decrease compared to the same period last year.
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News - Malaysian retailer enters CEE
17
Jul
2025

Malaysian retailer enters CEE

by Property Forum
Malaysian home and DIY discount retailer MR.DIY is continuing its expansion in Poland, with four new stores opening this summer in Warsaw: Galeria Wileńska, CH Blue City, CH Zielony Targówek and Galeria Młociny. The company has also announced plans to use Poland as a logistics hub for further expansion across Central Europe.
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News - Budapest office market sees vacancy rate decline in Q2 2025
17
Jul
2025

Budapest office market sees vacancy rate decline in Q2 2025

by Property Forum
Budapest's office market recorded a notable decrease in its vacancy rate during Q2 2025, reaching 12.8%. This marks a 1.29 percentage point drop from the previous quarter and a 1.18 percentage point decrease year-on-year, according to the Budapest Research Forum (BRF). Net absorption also turned positive, reaching 57,000 sqm.
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News - Pavăl Holding takes over Praktiker Hellas in international push
17
Jul
2025

Pavăl Holding takes over Praktiker Hellas in international push

by Property Forum
Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.
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News - Czech investor enters Austrian market
16
Jul
2025

Czech investor enters Austrian market

by Property Forum
Investika Real Estate Fund has entered the Austrian real estate market by acquiring a light industrial and office asset with an interesting sustainability profile near Vienna Airport. 
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News - Warsaw’s office pipeline hits 30-year low
16
Jul
2025

Warsaw’s office pipeline hits 30-year low

by Property Forum
According to a report from Cushman & Wakefield, Warsaw’s office development pipeline has fallen to its lowest level in 30 years, with only 130,000 sqm currently under construction — a volume last seen in 1995. While new supply remains limited, demand for centrally located office space continues to support prime rental growth.
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News - Living starts final phase of resi project in Budapest
16
Jul
2025

Living starts final phase of resi project in Budapest

by Property Forum
Residential developer Living has announced the launch of sales for Park West Rise, the fourth and final phase of its Park West residential park. 
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Latest news


New leases

  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
  • Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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