Smartown Group has successfully completed the sale of the historic Dionisie Lupu office building in Bucharest, at a yield of 8.2% 

After a costly expansion in Austria, where it has acquired S Immo and Immofinanz, CPI Property Group is shrinking and selling, particularly in Germany and Austria, according to seznamzpravy.cz.

Deutsche Pfandbriefbank AG (pbb) has provided in total €40 million investment loan facilities to an office fund. The fund will use the financing for the acquisition of two office buildings in Warsaw and to improve their ESG status. The asset management will be done by George Leslie, Resolution Capital Management.

The Kaprain Group has bought the Stýblův house in Prague on Wenceslas Square from the development company Sekyra Group, reports e15.cz. Kaprain has acquired the property with a building permit for reconstruction.

Star Residence Invest has signed a letter of intent to acquire an office building in central Bucharest for €19 million.

Deutsche Pfandbriefbank AG (pbb) acted as the arranger and sole lender of a debt package totalling €322 million in respect of two portfolios owned by a fund managed by GLP Capital Partners (GCP), now part of Ares Management. The package is geared towards refinancing existing debt facilities, as well as the development of logistics assets in Poland.

K1 Investment Management has announced a strategic investment to combine SINGU and Micad, two large European real estate management software providers. 

Macquarie Asset Management has signed an agreement to acquire and combine two specialist platforms—Milestone and BaseStack Living—as part of its entry into the European purpose-built student accommodation (PBSA) market.

Romanian investors have significantly increased their presence in the commercial real estate market, allocating nearly €1.8 billion to local acquisitions between 2015 and 2025. 

InterCapital Real Estate Fund, Croatia’s first open-end investment fund focused on commercial real estate, acquired a strategic ownership stake in City Center one Split from CC Real for an undisclosed sum.