Czech investment group Axelor has announced the strengthening of its real estate team. The expansion of the Aurelia fund is going to be led by British manager Fraser Watson as Head of Real Estate.

The new partnership between the developer Lucron and the investment group Sandberg Capital will bring a new stage to the Trnava Arboria project.

Radisson Hotel Group has announced the opening of Radisson Resort Ruža Vjetrova, a new premium beachfront retreat located on a secluded peninsula along Montenegro's Adriatic coast in Dobra Voda. 

HGL, the logistics service provider, has significantly increased its operational footprint at HelloParks’ Maglód megapark, adding another 10,000 sqm of warehouse space.

Vilharia, the office building in Ljubljana, developed by the Slovak development company Corwin, has announced two new key tenants. The building has reached 75% occupancy.

Sixteen brands entered the Czech retail market in the first six months of this year, fashion and gastronomy being the most common segments, according to the report by Cushman & Wakefield.

Develia has finalised the sale of the Arkady Wrocławskie property in Wrocław to Vastint Poland, part of an international real estate group focused on commercial projects. The transaction value is €42.967 million (approx. PLN 182 million).

Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.

Over the past decade, Romania has faced increasing pressure - both from domestic and from international institutions - to modernize its property tax system. With structural challenges in housing affordability and significant fiscal constraints at the national level, local tax reform, as outlined in the National Recovery and Resilience Plan (PNRR), has emerged as a critical priority, writes Daniel Grigore, Director, Corporate Income Tax, Deloitte Romania.

Didier Balcaen, CEO and Co-Founder of SPEEDWELL, talked to Property Forum about the company’s strong development pipeline in Romania and the trends shaping the local residential and commercial real estate market.