There were 14,569 residential property deals made in Hungary in February 2021, according to the latest monthly transaction estimate by real estate group Duna House. This marks the highest transaction number of the past ten years. This many homes have not changed owners in a month since early 2011.

Lidl Serbia plans to start the construction of a new, 60,000 sqm logistics canter in Lapovo, a city located approximately halfway between Belgrade and Nis on the A1 highway, in the coming months, local media reports.

There were no new completions on Zagreb’s retail market in H2 2020 but a number of brands have opened new stores, according to a market report by Cushman & Wakefield | CBS International Croatia.

According to Knight Frank’s The Wealth Report 2021 released today, private capital has been undeterred by the COVID-19 pandemic and has continued to invest in commercial real estate around the world. The volume of private capital invested globally was circa $232 billion - 9% above the ten-year average, albeit down on 2019 levels.

Romania Sotheby’s International Realty announced revenue growth of 127% in 2020. Sotheby’s International Realty entered the Romanian market in July 2020 through the association with Artmark Historical Estate, a company founded in 2014 and which belonged to the Artmark group.

Buyers want more rooms, but the minimum area they can accept in a given type of apartment is still decreasing, say JLL analysts.

Cordia Romania, part of Futureal Group, announced the sale of 20% of the apartments in the second phase of the Parcului20 project in Bucharest.

Globalworth has announced that since the beginning of 2021 all 22 of the properties in its Polish portfolio use 100% green energy from renewable sources.

Internationally expanding Hungarian company Indotek Group is looking at new investment opportunities on the Romanian market. Florin Tirla, Country Head Romania & Bulgaria at Indotek Group talked to Property Forum about the company’s plans and shared his expectations for the future of the office and retail markets.

Despite the slowdown in activity in the first half of 2020 due to COVID-19 and the earthquake that hit Zagreb in April, the Croatian capital’s office market was very active in 2020 with total leasing activity amounting to 55,000 sqm, according to a market report by Cushman & Wakefield | CBS International Croatia.