Commercial and resi real estate brace for higher taxes in Romania image
STORY OF THE DAY
Commercial and resi real estate brace for higher taxes in Romania

Story of the week

News Commercial and resi real estate brace for higher taxes in Romania
27
Jun
2025

Commercial and resi real estate brace for higher taxes in Romania

by Forum Property
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.
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Industrial

News development industrial LemonTree logistics Poland Szczecin
27
Jun
2025

LemonTree launches new logistics project in Szczecin

by Forum Property
LemonTree has launched construction of Westside Szczecin Neo, a new 34,000 sqm logistics and office complex in Szczecin, with nearly half of the space already leased. The project is scheduled for completion in Q1 2026, with Goldbeck as general contractor.
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Prologis secures large tenant in Poland Fitch affirms Globalworth's BBB- rating WDP to develop 54,000 sqm warehouse near Bucharest

Residential

News Gdansk Noli Studios Nrep Poland PRS residential
27
Jun
2025

Nrep's Noli Studios to open PRS project in Gdańsk

by Forum Property
Noli Studios, the Scandinavian serviced living operator, will open a new location in Gdańsk’s Garnizon district in July 2025. The launch follows the brand’s debut in Poland with Noli Studios Warsaw Ursus earlier this year.
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Hubix becomes shareholder in Sibiu resi complex PSN starts selling resi project in Prague Millstone kicks off €18 million resi investment in central Bucharest

Report

News AI Bucharest CBRE CEE Cluj-Napoca Iași IT report Romania Timișoara
27
Jun
2025

CEE emerges in race for AI talent

by Forum Property
Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.
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Mixed outlook for Eastern and Southeast European construction by 2027 CEE office markets adapt to shifting demand and green priorities Charles Irvine forms alliance with Rego Group in the Baltics

Investment

News Budapest Marriott Hotel CPI Europe Hungary investment Iride Romania
27
Jun
2025

CPI Europe completes over €165 million in asset disposals

by Forum Property
CPI Europe has sold assets exceeding €165 million as part of its strategy to divest lower-yielding or non-strategic assets.
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Swedish investor buys office buildings in Kraków Penta to contribute €12 million to Prague city Octane and Peakside acquire two urban logistics parks from Panattoni

Office

News development investment office Poland residential Yareal
27
Jun
2025

Yareal plans new developments amid long-term growth strategy

by Forum Property
Yareal Polska is stepping into the next phase of its growth with an ambitious pipeline of residential and commercial projects. The developer is currently delivering nearly 1,200 residential units and preparing to launch an additional 1,000 in the coming months. With secured land reserves for more than 2,000 future units, the company is reinforcing its long-term commitment to the Polish housing market.
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Skanska’s Equilibrium 2 achieves WiredScore Platinum certification More office occupiers starting to require physical presence of employees Polona 68 Business Center achieves LEED Gold Certification

Hotel

News Colliers economy hotel report
27
Jun
2025

European hospitality sector braces for change

by Forum Property
The European hospitality industry is bracing for shifts in transatlantic travel dynamics, as declining U.S. visitor flows threaten key tourism markets, according to Colliers’ latest EMEA Hospitality report.
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Catinvest names Manager for Aparthotel Craiova Meta Estate Trust snaps villas in Brașov-based Radisson resort CPI Europe sells Budapest Marriott Hotel to Hungarian investors

Career

News CEE energy ESG expansion Futureal Futureal Energy Hungary
27
Jun
2025

Futureal Energy launches international expansion under new brand

by Forum Property
Futureal Group’s energy division has entered international markets under the newly established brand Futureal Energy Partners. The move marks a significant step in the company’s strategy to broaden its presence in renewable energy investment and electricity trading across Europe.
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Andrzej Wroński named CEO of 7R Sylwia Toczyska rejoins Vistra Fund Solutions Geosan names new Managing Director

Retail

News Colliers Romania Dan-Adrian Chelaru Iulius Mall Iulius Mall Iași Iulius Mall Suceava Romania Roxana Isopescu UBC2 UBC5
26
Jun
2025

Iulius achieves LEED Platinum certification for retail and office projects

by Forum Property
Romanian developer Iulius has successfully secured LEED Operations and Maintenance Platinum certification for five of its retail and office projects across four Romanian cities.
Read more >
Rădăcini Estate invests in retail park near Bucharest Urbano Group to start €100 million retail investment near Cluj-Napoca Meta Estate Trust invests in retail park near Bucharest

Interview

News Didier Balcaen industrial logistics MIRO office QUEENS District Record Park residential Romania Speedwell Top 50
24
Jun
2025

Speculative development is slowing in industrial

by Forum Property
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.
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Office markets are now entering a new phase of opportunity Remote work is still prevalent with more flexible return to office policies AI behind the curtain: Quietly revolutionising real estate operations

Economy

News CPIPG Czech Republic divestment economy
20
Jun
2025

Financial pressure on CPI may lead to buyout

by Forum Property
Despite major divestments, the CPI Property Group has not managed to reduce its debt to the extent that rating agencies would return it to the investment grade, making its debts enormously more expensive. Due to increasing financial pressure, the owner is willing to consider buyout offers, according to six independent sources, reports e15.cz.
Read more >
EBRD downgrades 2025 growth forecast for most CEE countries Banking sector holds low exposure in Romania’s CRE Trump is back: What this means for CEE real estate

New leases

  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.
  • SNF, a company operating in the beauty sector, has renewed its lease for approximately 2,300 sqm of warehouse and office space at Prologis Park Poznań I. Axi Immo represented the tenant in the transaction.
  • A new tenant has chosen the Skylight City office building as its first headquarters in Hungary. The multinational company specialising in the distribution of health-focused dietary supplements has signed a lease agreement with WING Ltd. for an approximately 900-square-meter multifunctional office space.

New appointments

  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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