The Czech state is going to transfer its majority stake in the Prague Congress Centre (KCP) to the City of Prague, making the Capital its 100% owner, reports E15.cz.

Corwin has placed the second issue of its bonds on the market and has sold them out at Slovenská sporiteľňa in under two weeks.

Forum Karlín in Prague is for sale, reports Hospodářské noviny. Along with it, the Keystone office building in Karlín, the three-star Ibis hotel on Na Poříčí Street next to the Palladium shopping centre, and the smaller Polygon House office building in Pankrác are also on offer. 

After more than a year of debate, Prague councillors have allowed the sale of land around the Nádraží Holešovice metro station C, reports E15.cz. The Prague Public Transport Company (DPP) is to sell it to the Nové Holešovice company, a joint venture between DPP and developers Karlín Group and CPI Property Group. 

Skanska is redefining demolition with its “remolition” project. Mercury, the future development by Skanska in Prague’s Holešovice, is designed to minimise its carbon footprint throughout its lifecycle.

Romania has elected a new president in a landmark vote, with independent and pro-European candidate Nicușor Dan defeating far-right rival George Simion with 54% of the vote. The result marks a major political shift, as neither of Romania’s traditional parties advanced to the final round. In Poland, the second round of the election is to take place amidst the fiscal clarity issues.

CA Immo completed the sale of the IP West office building in Budapest. The buyer is BYD, a Chinese company that develops and manufactures rechargeable batteries, electric vehicles, rail transit systems, and other new energy technologies, as confirmed by Colliers. The agency represented the buyer in the transaction and provided project management services. The sale was also supported by CBRE and CERHA HEMPEL Rechtsanwälte.

Facility management group B+N Referencia Zrt has recently completed a deal in Italy in a move designed to expand its presence in the local market.

Alto Real Estate has secured financing for its flagship project in Bratislava. The developer has announced the successful signing of a loan agreement to secure financing for the SKY PARK Tower project, the latest work of the world-renowned architectural studio Zaha Hadid Architects in Slovakia.

BNP Paribas Bank Polska, mBank, and Santander Bank Polska have awarded a PLN 760 million (ca. €181.8 million) loan to finance the Noho One residential complex in Warsaw. Dentons law firm advised the banks.