Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.

America House has received Access4You Gold certification for its accessibility facilities, reinforcing its commitment to inclusive design and barrier-free access. The certification confirms standards to accommodate individuals with locomotor disabilities, including wheelchair users, elderly individuals, people with reduced mobility, and visitors with strollers, as well as access for blind and hearing-impaired visitors.

Urban Partners, one of Europe's real estate investors, owners, and operators, has completed its rebranding process. After two decades of operations, the company is consolidating its presence under a single global brand, replacing the former names Nrep and Velo Capital.

Alto Real Estate has introduced the Compact Offices concept, responding to the growing demand for flexible offices in Bratislava.

Alto Real Estate has developed the Florian Residence in Bratislava's Old Town on a land neglected for many years. Now the project has entered its second phase. 

Mendota Invest, member of the OTP Group and investor behind the Emonika development in Ljubljana, has signed a contract with Strabag for the execution of the southern section of the project. The southern part of Emonika with a contract value of €134 million will feature a 100-metre-high office tower, a shopping centre, a hotel and four levels of underground parking.

GTC has priced €455 million senior secured notes due 2030 with a coupon of 6.50% per annum. The transaction was oversubscribed and attracted international institutional investors and Polish funds, including both existing noteholders and new investors.

Speedwell is strengthening its collaboration with Garanti BBVA Romania through a new €8 million financing agreement. The facility will fund the development of Building C8, the fourth building within The Ivy, Speedwell's residential project near Băneasa Forest. With this deal, Garanti BBVA's total financing for The Ivy now reaches almost €40 million.

Nominations are still open for the CEE Property Forum Awards 2025! This is your chance to showcase your team’s outstanding projects, deals and personalities, and gain recognition among industry leaders. To submit a nomination, please fill out the nomination form. Nominations will be accepted until October 24th.

AG Capital has appointed Pavlin Petkov as CEO. Petkov brings over 25 years of international experience across the US, Western and Eastern Europe in private equity, insurance, banking, and pension fund management.