Ambition backed by discipline: Inside CTP’s path to 30 million sqm image
STORY OF THE DAY
Ambition backed by discipline: Inside CTP’s path to 30 million sqm

Story of the week

News Ambition backed by discipline: Inside CTP’s path to 30 million sqm
16
Oct
2025

Ambition backed by discipline: Inside CTP’s path to 30 million sqm

by Budai Ákos
Richard Wilkinson, Chief Financial Officer of CTP, discussed the company’s newly expanded growth target and its strategic path toward 30 million sqm of gross lettable area by the end of the decade. In this interview with Property Forum, he explains what’s driving the company’s confidence in development-led expansion, how financing and ESG strategies are evolving, and where CTP sees the strongest potential across its CEE markets.
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Office

News auction Broadway Palace Czech Republic office Prague
16
Oct
2025

Office building in Prague sells at auction

by Forum Property
The auction of the Broadway Palace in the centre of Prague has ended successfully, with the bidder offering a starting price, reports E15.cz.
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Skanska leases entire second phase of Budapest office project GTC's City Gate secures LEED Gold v5 certification IT sector hits 15-year demand low in Bucharest office market

Residential

News Czech Republic Prague residential YIT YIT Stavo
16
Oct
2025

YIT finalises residence in Prague 5

by Forum Property
YIT has completed the base building of the third phase of the Ranta Barrandov residential project in Prague 5. The project is on track for completion in the second quarter of 2026.
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Sekyra unveils Prague residence designed by Libeskind Living completes third phase of resi project in Budapest Romanian property sales drop 1% after VAT hike

Report

News BRF Budapest Hungary leasing office
16
Oct
2025

Budapest sees higher office demand in Q3 2025

by Forum Property
Budapest's office market saw a robust third quarter in 2025, driven by strong demand and a significant year-on-year increase in net take-up. Despite no new office space being delivered, the market showed resilience, with notable activity on the Váci Corridor submarket, according to the Budapest Research Forum (BRF).
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Developers call for stability as rising costs squeeze Poland’s residential market Czech mortgage market reports strong season SEE Property Forum 2025: Award winners announced

Retail

News Budapest Hungary Retail Shopping
16
Oct
2025

New shopping centre to open in Budapest today

by Forum Property
Zenit Corso, a new community center in Budapest's Zuglo district, is scheduled to open its doors on October 16. Located behind Bosnyak Square, the development functions not only as a shopping centre but also as a modern urban promenade, featuring stores from numerous well-known brands.
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Nepi Rockcastle opens its first solar park in Romania Redstone acquires shopping centre in Olomouc Romania's retail parks target smaller cities for growth

Industrial

News Alto Real Estate Bratislava industrial Slovakia warehouse
15
Oct
2025

Alto to launch warehouse construction

by Forum Property
The Store.To multi-purpose warehouse project, developed by Alto Real Estate, has reached an important milestone – the legally valid building permit.
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P3 welcomes new tenant in Prague CTP achieves Breeam certification for CTPark Ploiești ELI Parks starts new industrial project near Bucharest

Investment

News Acquisition Expansion Industrial Katowice Log In Logistics Poland Principal Asset Management Theoreim
15
Oct
2025

Principal enters Poland with first logistics acquisition

by Forum Property
Principal Asset Management has completed its first acquisition in Poland for Log In, the European logistics fund managed by Theoreim. The asset, located in the Katowice economic zone in Tychy, Upper Silesia, comprises 9,705 sqm of warehouse, production, and office space.
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CPI buys back assets in Poland Wood & Co to acquire battery storage in Scandinavia Penta purchases large brownfield site in Prague

Interview

News Hamilton May interview luxury Poland residential Top 50
11
Oct
2025

What’s next for Poland’s residential sector?

by Forum Property
Founded in Kraków in 2004, Hamilton May has grown from a boutique agency into a fully integrated residential services platform with operations in Warsaw, Wrocław, and beyond. In this interview, Robert Watkins, CEO & Founder of Hamilton May, reflects on two decades of growth, the company's unique one-stop model, and the opportunities shaping Poland’s residential market.
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Falling rates, rising rents: Poland’s PRS market enters new growth phase From compliance to cash flow: How accessibility boosts property value Reframing value: An investor’s perspective on the future of CEE real estate

Career

News appointment Bulgaria career CTP industrial logistics
07
Oct
2025

CTP names new MD for Bulgaria

by Forum Property
CTP has appointed Ivanka Ivanova as Managing Director for Bulgaria. The appointment supports the company's strategy to reach €1 billion of rental income by 2027.
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Nrep and Velo Capital to operate as Urban Partners AG Capital names Pavlin Petkov as new CEO Susanne Eickermann-Riepe elected RICS Senior Vice President

Hotel

News Bucharest Colliers Czech Republic Greece Hotel Hungary Investment Poland Raluca Buciuc Romania
07
Oct
2025

Romania's hotel industry posts third-highest EU growth

by Forum Property
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%.
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Wing's Budapest hotels obtain green certifications Radisson Blu Bucharest achieves Breeam In-Use Excellent rating Forestay Group signs dual-brand Marriott deal in Budapest

Economy

News Bosnia economy SEE Serbia tariffs Trump
09
Jul
2025

Trump imposes tariffs on Serbia and Bosnia

by Forum Property
The Trump administration has imposed 100% tariffs on a range of imports from Serbia and Bosnia and Herzegovina, accusing both countries of deepening ties with China. This marks the first time a U.S. president has taken such a step against a European nation over relations with Beijing.
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Commercial and resi real estate brace for higher taxes in Romania Financial pressure on CPI may lead to buyout EBRD downgrades 2025 growth forecast for most CEE countries

New leases

  • International luxury brand Rituals is joining the IULIUS retail network. This autumn, it will open new stores in the mixed-use developments Iulius Town Timișoara and Palas Iași, as well as in Iulius Mall Cluj.
  • Stay Fit Gym has leased approximately 1,000 sqm for a new fitness centre, which will open in the Family Market Tomești retail park, developed by Iulius in the Iași region.
  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.

New appointments

  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.
  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.

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