The establishment of a new state office or the relocation of an existing one to new premises usually attracts the attention of journalists and the real estate market. The establishment of the Slovak Ministry of Tourism and Sports was no exception, reports sme.sk. The fact is that no state office today pays more for a square meter of office space.

Abandoned industrial areas and railway stations in Prague are being transformed into modern districts for tens of thousands of residents. These are the five largest projects under construction in the metropolis, reports seznamzpravy.cz.

Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.

Revetas has been appointed by a German investment manager, representing several pension funds and other investors, to support the repositioning of a $4.0 billion US property portfolio. The mandate aims to complement the portfolio with additional governance, restructuring and capital markets expertise tailored to the current market environment.

Newmark Polska has opened a new office in Katowice to strengthen its presence in southern Poland and provide closer support to clients in the region across office, industrial and retail leasing, as well as investment advisory.

Savills has published its latest report on the Polish industrial and logistics market, confirming growing interest from both investors and tenants in the first half of 2025. Warsaw and the surrounding areas have now exceeded 7 million sqm of modern space, strengthening their role as a key logistics hub in Central Europe.

Martley Capital has sold two warehouse assets in Croatia from its Central European Value Add Fund (CEREF). The properties, Logistics Centre Vetel and Koledovcina 2, provide a total of 21,160 sqm GLA and are fully let to local and national tenants. The Vetel asset has a WALT to break of 3.3 years, while Koledovcina 2 has a WALT to break of 1.8 years. Both are located on the outskirts of Zagreb with good access to the city’s transport network.

Looking at the Czech industrial real estate market in Q2 2025, it is clear that the market has not yet fully recovered from the downturn of last year, according to a regular quarterly survey conducted by Colliers. Gross realised demand has fallen 34% below the five-year average. On the other side, growth in the vacancy rate is positive news for tenants. 

Over 5,000 units from the portfolio of Resi4Rent – a major institutional residential rental provider in Poland – are set to be acquired by a new owner. Upon completion of the deal, 18 completed Resi4Rent developments will be acquired by Vantage Development, part of TAG Immobilien Group, a Hamburg-based real estate company. The transaction is valued at PLN 2,405 million (€565 million) with a forward-looking NOI yield of 6.3%. Both Echo Investment and Griffin Capital Partners remain committed to developing the remaining Resi4Rent portfolio and expanding it further over time.

Since the announcement of planned skyscrapers in the vicinity of Slovakia's first skyscraper, Eurovea Tower, in Bratislava, at the end of 2024, JTRE has been working on their design with the Dutch office KCAP. JTRE has confirmed that the construction is almost certain, although the project has undergone significant changes, reports yimba.sk.