Futureal Group celebrated the launch of its €300 million Etele Plaza’s construction with a foundation stone laying ceremony. Buda's biggest shopping centre is a key element of the group’s property development projects s in Budapest’s 11th district.

Metrohouse Franchise, the 100% subsidiary of Hungary’s Duna House Holding. has signed an agreement in Warsaw to acquire 100% ownership in Gold Finance Sp. z o.o. The total investment was €908,000 (PLN 3.9 million), out of which the purchase price was PLN 3.5 million, plus MF acquired shareholder loans from the sellers with the face value of PLN 0.4 million.

Romanian developer Zacaria Group will invest €28 million in a business park in the city of Craiova. OTP Bank Romania will provide financing for the 53,000 sqm project.

Crosspoint Real Estate, an international associate of Savills in Romania, has assisted the sale of the Bank of Cyprus building from SIF Banat Crişana to a firm belonging to a Romanian businessman. Crosspoint negotiated on behalf of SIF Banat Crişana both in the acquisition stage of the building, and later at the sale stage to the private investor.

Prague is becoming increasingly more expensive than Bratislava. Employees continue to earn more in the capital of the Czech Republic, though the cost of living is also rising, especially in regards to housing. This is evidenced by the results of research done by JLL, which compared the prices of apartments in both capitals.

Park Inn by Radisson announced the opening of a 166-room hotel in Poznan, Poland. This brings the group's Polish portfolio to 16 hotels and more than 3,500 rooms in operation or under development. Radisson Hotel Group's international brands are represented in almost all key cities of Poland - including Warsaw, Krakow, Katowice, Gdansk, Wroclaw, Szczecin, Swinoujscie, and now also in Poznan.

JLL advised Metro in the process of consolidating its distribution centres into a one roof concept in the new project developed by WDP in the North area of Bucharest, Stefanesti. This is the largest transaction on the Romanian industrial market in this year.

Colliers International has been appointed the manager of the 15,000 sqm Bałtyk office building in Poznań.

Ceetrus Romania is investing €10 million in the expansion of its shopping mall in Satu Mare, Romania. The new commercial space will be completed in Q3 2019, the company said in a press release.

Cordia Romania, the residential division of Hungary’s Futureal Group, plans to invest €50 million in new projects million next year. The company aims to deliver about 500 apartments per year on the Bucharest residential market, designed for the medium and medium-high segments.