As of May 1, 2020, Dr. Mihály Schrancz, former Development Director of Property Market Ingatlanfejlesztő Kft. has been appointed Managing Director of the company. The company's Financing and Investment Director, Dr. Bence Nádasdy, will hold the position of Managing Director at Property Market’s asset management company, Kopaszi Gát Kft.

While the current situation imposed by the COVID-19 pandemic has delayed various investments, CBRE’s Building Consultancy team continues to manage ongoing projects of over €80 million invested in the medical, production and IT&C fields in different areas of Romania.

Globalworth has announced changes to the company's Board of Directors. Bruce Buck, who was appointed as an Investor Director by Zakiono on 13 December 2017, has ceased to be a Director with immediate effect and Martin Bartyzal has been appointed as an Investor Director with immediate effect.

The Supervisory Board of Immofinanz resolved upon the appointment of Ronny Pecik as member of the Executive Board of the company for three years starting with 4 May 2020. Ronny Pecik will be Chief Executive Officer (CEO).

Cushman & Wakefield has appointed Krzysztof Misiak as Head of Poland to succeed Charles Taylor who leaves the firm after 30 years.

A new subsidiary has been created by the Bayer Construct group of companies, which is 100% Hungarian-owned and offers complex construction and real estate development solutions. The new company, Bayer Property will focus on the preparation and implementation of complex real estate development projects

Cushman & Wakefield has formed the Recovery Readiness Task Force (RRTF) to lead the development of best practices, products and partnerships to prepare clients for post-COVID-19 recovery and the eventual return to the workplace. Additionally, Cushman & Wakefield has launched a new office design concept on its website, showcasing a new social distancing program developed by the firm and being piloted in The Netherlands.

In view of the COVID-19 pandemic, the Management Board of CA Immo has decided to reschedule the 33rd Annual General Meeting from originally 7 May 2020 to 25 August 2020. As a result, the resolution on the appropriation of net profit for 2019 and a dividend payment will also be postponed.

Romanian developer Zacaria Group is offering industrial space free of charge for local authorities and non-governmental organizations to help manage the emergency caused by the COVID-19 pandemic, Transilvania Business reports. Furthermore, the company, for the first time, offers short-term rentals for companies that have to expand or temporarily move their activities due to the coronavirus crisis.

CBRE has announced the appointment of Katarína Brydone as Head of Investment Properties of CBRE in the Czech Republic effective 1 June 2020. Katarína Brydone succeeds Chris Sheils who spent four successful years in this position and has taken the decision to leave the business following Clare Sheils’ promotion to Managing Director of CBRE Czech Republic.