Leading developer speaks out: Permitting gridlock pushes investments out of Bucharest image
STORY OF THE DAY
Leading developer speaks out: Permitting gridlock pushes investments out of Bucharest

Story of the week

Leading developer speaks out: Permitting gridlock pushes investments out of Bucharest image
14
Nov
2025

Leading developer speaks out: Permitting gridlock pushes investments out of Bucharest

by Nicolae Ovidiu
Property Forum recently spoke with a prominent player in the Romanian property market, who asked to remain anonymous, about the systemic challenges facing development in the capital, which risks seeing billions of euros in new investments lost due to prolonged administrative blockages.
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Retail

News - Budapest shopping centre to undergo major renovation starting 2027 #Budapest #Duna Plaza #Hungary #Indotek Group #Renovation #Retail
14
Nov
2025

Budapest shopping centre to undergo major renovation starting 2027

by Forum Property
The Duna Plaza shopping centre in Budapest will undergo a comprehensive renovation as part of an investment by Indotek Group. The redevelopment will expand the building beyond existing retail areas to include community meeting and experience centre functions, with construction expected to begin in early 2027 and the mall reopening in 2029.
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Intero Property Development sells large land plot in Bucharest CPI Romania completes first phase of Sun Plaza upgrade URW opens expansion of Westfield Černý Most in Prague

Industrial

News - CTP expands industrial park in Oradea with new 10,800 sqm building #CTP #CTPark Oradea Cargo Terminal #CTPark Oradea North #Industrial #Logistics #Oradea #Romania #Ronald Binkofski
14
Nov
2025

CTP expands industrial park in Oradea with new 10,800 sqm building

by Forum Property
Industrial developer CTP is advancing construction work for a new 10,800 sqm building at CTPark Oradea North, continuing its expansion in western Romania. With this new project, CTP's total portfolio in Oradea exceeds 100,000 sqm of leasable space, consolidating the city's role as a regional logistics hub.
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CTP signs major 80,000 sqm logistics deal in Budapest project Industrial deliveries in Poland fall 12% in Q3 2025 Lion's Head starts construction of logistics park near Bucharest

Residential

News - Bucharest luxury resi market to exceed €400 million in 2025 #Bucharest #Luxury #Raluca Dobrișan #Residential #Romania #SVN Romania
14
Nov
2025

Bucharest luxury resi market to exceed €400 million in 2025

by Forum Property
This year will end with over 1,000 premium and luxury dwellings delivered in new residential projects from Bucharest and its surroundings, a record for the recent history of Romania's residential market, according to a market report by SVN Romania.
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Belgrade rental market shows stability Hercesa completes resi complex spanning 1,400 units in Bucharest Cloud9 launches second phase of resi project in northern Bucharest

Office

News - Skanska sells Wrocław office complex for €62 million #Addleshaw Goddard #Centrum Południe #Cushman & Wakefield #Dentons #Investika #Jaroslav Kysela #JLL #KODA #Mariusz Krzak #Office #Poland #Santander Bank Polska #Savills #Skanska #White & Case #Wroclaw
14
Nov
2025

Skanska sells Wrocław office complex for €62 million

by Forum Property
Skanska has sold the second phase of Wrocław's Centrum Południe office complex to Investika Real Estate Fund in joint venture with Bud Holdings for €62 million. The deal marks Investika's second acquisition from the developer after P180 in Warsaw.
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Prague commercial market counts €2.5 billion worth of ongoing deals Warsaw office demand outpaces supply in Q3 2025 Offices worth over €250 million under development in Bucharest

Report

News - Vote for 2025's Tech Gamechanger of the Year! #awards #CEE Property Forum #CEE Property Forum 2025 #proptech #vote
13
Nov
2025

Vote for 2025's Tech Gamechanger of the Year!

by Forum Property
Property Forum is inviting its readers to select the winner of one of its CEE Property Forum Awards. Voting for the Tech Gamechanger of the Year category is now open and closes at 09:00 CET on 20 November (next Thursday).
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Charity auction for CEE Property Forum: Bid now on a Lewandowski jersey and more RICS warns of global sustainability slowdown in construction From uncertainty to opportunity: What’s driving Romania’s new wave of residential growth?

Hotel

News - Novotel opens first Croatian hotel in Zagreb #Accor #Croatia #Hotel #Novotel #Opening #SEE #Zagreb
11
Nov
2025

Novotel opens first Croatian hotel in Zagreb

by Forum Property
Novotel has opened its first hotel in Croatia, marking the Accor brand's debut in the country. Located at the eastern gateway of Zagreb, the 163-room Novotel Zagreb sits 20 minutes from Franjo Tuđman Airport and 15 minutes from the city centre.
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Solida Capital secures financing for Warsaw aparthotel project PPF expands its hotel portfolio in Prague From revenge travel to real strategy: Hotel sector resets

Career

News - Indotek Group opens Vienna office for private equity expansion #Austria #Career #Expansion #Hungary #Indotek Group #Investment #Office #Portfolio #Private Equity #Real Estate #Vienna
10
Nov
2025

Indotek Group opens Vienna office for private equity expansion

by Forum Property
Indotek Group is expanding its Western European office network with a new Vienna office. The company has been expanding in Western and Southern Europe for over a decade, and the Austrian office will also serve as the first regional private equity investment centre for the Budapest-based group.
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Atenor appoints new Country Director for Hungary Globalworth appoints joint CEOs as Dennis Selinas steps down NEPI Rockcastle names COO Marek Noetzel as new CEO

Interview

News - Why NEPI Rockcastle is investing €100 million in greenfield PV #Andrei Radu #Chișineu-Criș #ESG #interview #Nepi Rockcastle #pv #renewable energy #retail #solar
10
Nov
2025

Why NEPI Rockcastle is investing €100 million in greenfield PV

by Nicolae Ovidiu
Andrei Radu, Group Development Director at NEPI Rockcastle, talked about the developer’s focus on net zero with a €100 million investment in clean energy production. With the recent launch of a 54 MW solar park in Romania, the group expects to cover almost 50% of its total CEE electricity needs by 2026, offering cost control and doing the "heavy lifting" for tenants.  
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Small towns and rural communities: The next growth market for strip malls Tenants are consolidating into fewer, better office buildings Griffin Capital Partners: Scaling platforms and shaping new sectors in CEE real estate

Investment

News - Shopper Park Plus plans €100 million share offering for CEE expansion #Budapest Stock Exchange #Expansion #Hungary #Poland #Retail #Romania #Shopper Park Plus
06
Nov
2025

Shopper Park Plus plans €100 million share offering for CEE expansion

by Forum Property
Shopper Park Plus, a Hungarian real estate investment company, announced plans for a secondary public offering of approximately 8 million newly issued shares in the last quarter of 2025. The company expects to raise between €90 million and €110 million through the offering on the Budapest Stock Exchange.
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Echo Investment sells Libero Katowice for €103 million Ares Management and Slate Asset Management to buy €300 million Polish portfolio Investor picks up historic building in Budapest

Economy

News - Romanian developer joins Europe’s top-10 fast growing companies #Europe #grwoth #One United Properties #report #Romania
31
Oct
2025

Romanian developer joins Europe’s top-10 fast growing companies

by Forum Property
Romanian developer One United Properties has been ranked among Europe’s top 10 long-term growth champions, according to the Financial Times’ FT1000 Long-Term Growth Champions 2025 list, which highlights companies that have achieved exceptional and sustained revenue growth over the past decade.
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Trump imposes tariffs on Serbia and Bosnia Commercial and resi real estate brace for higher taxes in Romania Financial pressure on CPI may lead to buyout

New leases

  • Expur has leased 940 sqm for its new offices in Business Garden Bucharest, owned by Vastint Romania. The deal was brokered by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
  • GTX Romania has leased 2,700 sqm in VLParks Bucharest West, in a deal brokered by iO Partners.
  • Vitalaire Romania, a subsidiary of the Air Liquide Group, has relocated its offices to Bucharest-based One Cotroceni Park, in a deal brokered by iO Partners.

New appointments

  • Artur Apostoł joins Griffin Capital Partners as Co-Managing Partner to lead the company’s real estate activities together with Marek Obuchowicz, who has been promoted to Co-Managing Partner. Artur and Marek are taking over responsibilities from Piotr Fijołek, who transitions from an active role and will continue supporting the firm as Senior Advisor. These appointments mark the completion of a leadership transformation aligned with the company’s dynamic growth and long-term strategy.
  • CBRE Hungary has named Anna Zhang as Business Development Manager, while Antoine Fromental takes on the role of Hotel Investment Analyst. Zhang is tasked with developing partnerships with Far Eastern clients and strengthening business relations in CEE markets. She previously served on the PwC Hungary China Desk team. Fromental joins the firm after roles at B&B Hotels and Cushman & Wakefield, where he contributed to various European hotel development, valuation, and market research projects.
  • Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.

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