The Hungarian construction industry experienced a mixed performance in 2024, with the final quarter showing a significant increase in the value of started projects, largely due to the Mohács Danube Bridge project.

The real estate and construction sector was the most active in terms of the number of M&A transactions in Romania during 2024, accounting for 28% of the total market, which reached an estimated value of between €5.7 and €6.1 billion.

Shopper Park Plus Nyrt. (SPP) has purchased a Tesco-anchored retail park portfolio in Slovakia from Tesco Stores SR. 

Based on the valid building permit, the developer Concens Investments has commenced construction of Phase III of the Ostrava Airport Multimodal Park at Leoš Janáček Airport in Ostrava Mošnov. The BMW Group will use these buildings as an overseas logistics centre. 

Scallier opens in March a new retail park in Arad, taking its national network to seven projects under the Funshop Park brand.

CBRE has advised on the sale of the Hilton Prague for the Irish Bank Resolution Corporation, marking the largest single-asset hotel transaction ever recorded in CEE. Czech group PPF has purchased the asset.

Industrial developer CTP has announced the expansion of its collaboration with freight transport manager Delamode in CTPark Bucharest industrial park.

GTC has announced the sale of its GTC X office building in Belgrade for €52 million. The transaction, finalized in early February, generated net proceeds of €24 million for GTC after the repayment of a bank loan.

Industrial developer CTP Hungary has signed a 10-year lease agreement with Zoomlion, which will see the Chinese producer of manufacturing equipment invest €100 million in a new manufacturing facility at CTPark Tatabánya.

On the right bank of the Danube, new neighbourhood developments have been underway for several years. JTRE is preparing the Nové Lido and Penta Real Estate the Southbank project. For their plans to become a reality,  the city councillors need to give the green light to change the city's master plan and swap city land. As dennikN.sk reports, both proposals have eventually received support.