In addition to subsidies and preferential loans, the Ministry of Regional Development is planning a new financial instrument to help start the construction of housing in the Czech Republic, reports E15.cz. 

Romania’s commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers. 

Property investor Immofinanz has set the price of shares in the squeeze-out operation of S Immo and has established the adequate cash compensation.

Romanian developer Iulius has obtained the urban zoning plan (PUZ) from the local council for a new urban regeneration project in Cluj-Napoca that will have a planned investment of more than €500 million.

Investors originating from Belgium had the biggest share in Romania’s commercial property sector in the first eight months, according to a Fortim Trusted Advisors study. 

The National Highway Company has submitted to the Ministry of Transport of the Slovak Republic a request for the issuance of a certificate of strategic investment for the construction of the D4 highway in the Bratislava-Rača - Bratislava-Záhorská Bystrica section. 

In the first half of 2024, revenues of the MLP Group amounted to PLN 187.7 million (€43.5 million) and the value of investment properties reached PLN 5,057 billion (€1,17 billion).

Panattoni has sold a 37,000 sqm distribution centre in Teresin (Mazovia region) that it developed for the use of Orbico Supply – an FMCG company and a distributor of cosmetics in Europe. The name of the buyer and the value of the transaction were not disclosed.

Eika Real Estate Fund (EREF) has acquired the BIG office in Poland, in the central part of Kraków, which is let to State Street Bank. The fund plans to further expand its investments in logistics, offices and retail parks in Poland. The price has not been revealed.

GTC Group has announced a consolidated net profit of €21.2 million for the second quarter of 2024, marking a significant turnaround from the €23.2 million loss reported during the same period last year. The company’s net profit from operations reached €33.5 million -  a also a significant improvement compared to the €20.9 million loss recorded y-to-y.