The Hungarian government has recognised that Budapest’s municipally owned company exercised its pre-emption right over the Rákosrendező plot. Therefore, the megaproject by UAE-based Eagle Hills Group, dubbed "Maxi Dubai" in the local media, is effectively cancelled.

After many attempts, approval and subsequent rejection, the new Construction Code has finally been approved in Slovakia, reports YIMBA.sk. It is supposed to be one of the important tools contributing to the economic competitiveness of Slovakia by simplifying and speeding up construction procedures. 

Investment activity is accelerating, especially in Poland and Slovakia, while interest from Asian companies in logistics and manufacturing is increasing across CEE, according to a Colliers report. 

The Fortim group of companies, part of the BNP Paribas Real Estate alliance, recorded a turnover of around 11 million lei (€2.2 million) in 2024, up by 37 year-on-year, due to the diversification of its real estate consultancy services. 

Brno has acquired a document essential for the city's development. The new city master plan, which has been in preparation for more than 20 years, has come into force, reports newstream.cz.

Agricultural land in the Czech Republic is increasingly attractive to investors thanks to stable price growth, decreasing availability or easier management, says Lukáš Cibulka, Director of the real estate portal Mojepole.cz in the current assessment of the land market in the Czech Republic with outlooks for 2025.

At the end of 2024, the Slovak residential real estate market has seen prices increase by 3% between quarters. Year-on-year growth rose to 6.7% over the same period. All types of apartments, as well as family houses, have become more expensive, comments Roman Vrbovský, the analyst at the National Bank of Slovakia in its latest market analysis.

The European Bank for Reconstruction and Development (EBRD) has approved its real estate sector strategy for the 2025-2029 period that focuses on green and inclusive growth leveraging megatrends like digitalisation and innovation. 

Immofinanz will be rebranded as CPI Europe following a proposal forwarded by the group’s majority shareholder CPI Property Group that was passed in a meeting of shareholders. 

Passerinvest has been optimising the management and operation of its buildings, this time focusing on waste management. Since October last year, the company has introduced changes in the organisation of waste collection. This step aims to increase the efficiency of waste management, minimise the traffic burden and ensure accurate data for recording the total amount of waste.