News - Intero Property Development sells large land plot in Bucharest
14
Nov
2025

Intero Property Development sells large land plot in Bucharest

by Property Forum
Romanian developer Intero Property Development has signed a sale contract with a retailer for 10,418 sqm of land at Bucharest-based SkyLight Residence. The new supermarket will be the retailer's largest store in Romania, spanning over 3,265 sqm. Construction is scheduled to start in approximately three months, with opening targeted for Q4 2026.
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News - CPI Romania completes first phase of Sun Plaza upgrade
13
Nov
2025

CPI Romania completes first phase of Sun Plaza upgrade

by Property Forum
Sun Plaza has completed a major modernisation phase with the reopening of Zara according to the latest global flagship store concept designed by Zara's Architecture Office. The new space features expanded area, integrates new digital solutions and offers a fluid layout with interconnected spaces and separate entrances for intuitive navigation.
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News - URW opens expansion of Westfield Černý Most in Prague
12
Nov
2025

URW opens expansion of Westfield Černý Most in Prague

by Property Forum
Unibail-Rodamco-Westfield (URW) has inaugurated the rebranded Westfield Černý Most shopping centre in Prague, featuring an extension that introduces new shopping, dining and entertainment experiences. With more than 30 new retail and restaurant offers and an expanded cinema experience, the destination now spans approximately 94,100 sqm and 180 units.
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News - Comfy Park Bydgoszcz retail park to open in Q1 2026
30
Oct
2025

Comfy Park Bydgoszcz retail park to open in Q1 2026

by Property Forum
A retail park is being developed on the site of the former Glinki shopping centre in Bydgoszcz, with opening planned for Q1 2026. The project, developed by Redkom Development, will initially have 16,000 sqm GLA. A second phase is planned to add another 4,000 sqm GLA. The investor is Newgate Investment.
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News - Romania retail deliveries surpass 2024 levels in nine months
29
Oct
2025

Romania retail deliveries surpass 2024 levels in nine months

by Property Forum
Romania's retail sector delivered 186,000 sqm of new shopping centres and retail parks in the first three quarters of 2025, already exceeding the 180,000 sqm delivered across the entire 2024. Developers plan to complete an additional 30,000 sqm by year-end, bringing the total annual supply to approximately 217,000 sqm.
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News - Studium Green sells large land plot near Bucharest for €17 million
28
Oct
2025

Studium Green sells large land plot near Bucharest for €17 million

by Property Forum
Cluj-based entrepreneur Dorin Bob's company Studium Green has completed the sale of 157,000 sqm of land in Jilava, near Bucharest, to retail group Altex and furniture retailer Mömax, part of Austrian company XXXLutz. The land will be integrated into a larger plot owned by Altex to form the basis for the largest retail park in southern Bucharest. The total value of the transactions between Studium Green and both companies exceeds €17 million.
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News - Futureal secures €165 million refinancing for Etele Plaza
27
Oct
2025

Futureal secures €165 million refinancing for Etele Plaza

by Property Forum
Futureal, owner of the Etele Plaza shopping centre in Budapest, has signed a €165 million loan agreement with a consortium comprising Erste Bank Hungary, Erste Group Bank and UniCredit Bank Hungary. The refinancing extends the loan maturity to 2035.
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News - PSN opens reconstructed shopping centre in Pardubice
24
Oct
2025

PSN opens reconstructed shopping centre in Pardubice

by Property Forum
After almost two years of reconstruction, PSN is reopening the modernist Grand Palace in Pardubice to the public. The company has created a modern department store that combines history with today's urban life.
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News - EPG completes shopping centre modernisation
23
Oct
2025

EPG completes shopping centre modernisation

by Property Forum
After almost two years of construction, EPG Group has completed the modernisation and expansion of the Varyáda shopping centre in the Karlovy Vary region. The reconstruction has been managed with the shopping centre in full operation.
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News - CPI Hungary builds new retail park in Salgótarján
22
Oct
2025

CPI Hungary builds new retail park in Salgótarján

by Property Forum
Construction has begun on the region's newest Stop Shop retail park in the city centre of Salgótarján, Hungary. The project is developed by CPI Hungary.
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Latest news


New leases

  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.
  • Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.

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