Shopping centres outside Bucharest were the most attractive real estate asset class for investors in 2025, accounting for almost 40% of the total transaction volume, according a new report by Cushman & Wakefield Echinox. Bucharest office buildings came second, with a 30% share in the total investment volume.

CEC Bank has provided €36 million financing to Veranda Obor, owner of Veranda Mall shopping centre. The facility will refinance existing exposure, support development plans and enable capital distributions to shareholders.

Redkom Development has begun construction of Świderek Retail Park in Otwock, Warsaw metropolitan area, which is scheduled to open during Q4 2026.

NEPI Rockcastle, the largest owner of shopping centres in CEE, said its net operating income rose 11.2% year-on-year to a record €618 million in 2025, while the distributable earnings increased 6.7% to €441 million.

Qualified investor fund Realia Fund Sicav has completed the acquisition of a new retail park in Kralupy nad Vltavou – Kozomín, which is the largest property the fund has added to its portfolio.

GTC signed new or extended lease agreements covering 31,800 sqm in its two shopping centres in Warsaw and Częstochowa during 2025. The majority of transactions comprised lease renewals and expansions by existing tenants, confirming the properties' appeal.

Retail developers continue to accelerate expansion plans across Romania, with projects totalling more than 750,000 sqm currently in construction and planning stages for delivery until 2029, according to a report by Cushman & Wakefield Echinox.

Property developer Prime Kapital has secured a €150 million syndicated loan arranged by UniCredit Bank Romania and Alpha Bank Greece to refinance Mall Moldova.

The fourth quarter of 2025 marked the best period in a decade for Poland's retail real estate market. Retail parks led growth as developer activity surged and vacancy rates remained stable, according to a report by BNP Paribas Real Estate Poland.

New retail projects continue to focus outside Bratislava, with most developments taking place in western Slovakia, according to the latest analysis by CBRE Slovakia.