Redkom Development is preparing to begin construction of a retail park in Kalisz, on Aleja Wojska Polskiego. The project involves a comprehensive redevelopment of the former Tesco hypermarket site, a well-known shopping destination in this part of the city.

Recorde Forestay High Street Hotel & Residence Real Estate Development Investment Fund and Erste Bank Hungary have signed a credit facility agreement worth approximately €35 million to finance the hotel development of Váci Utca Center in Budapest's 5th District.

Develia has begun construction of Żywiecka Vita, a 12-storey residential building in the Wrzeszcz Dolny district of Gdańsk. Designed by AKO Architekci, the development will deliver 127 apartments ranging from 27 to 114 sqm, spanning studio to four-room layouts. Completion is scheduled for the second quarter of 2028, with prices starting from 15,700 złoty per sqm.

CeMat A/S has signed a contract with FineTech Construction as general contractor for Moje Bielany 3, a new building forming part of the mixed-use Moje Bielany development on ul. Wólczyńska in Warsaw's Bielany district. Construction work is scheduled to begin in the fourth quarter of 2026.

GARBE has commenced construction of a nearly 39,000 sqm building forming part of its new Green Park Senec logistics park in Slovakia, developed in partnership with Mitiska REIM and the MEREP LI fund. Austrian logistics company Lagermax has signed as the first tenant, leasing 9,000 sqm of industrial space, with occupation scheduled for the first quarter of 2027. Law firm Kinstellar and commercial real estate consultancy iO Partners provided advisory services on the transaction.

Ádám Ambrus, Manager of Amera Grup, talked to Property Forum about the firm’s strategic expansion, including the Ibis Styles Cluj-Napoca hotel development. He discussed new industrial parks in Oradea and Arad, the rapid growth of their self-storage business, and the importance of aligning investments with infrastructure progress.

Redkom Development has started construction of its retail park in Tarnów, appointing SPEC BAU Polska as general contractor. Located on Lwowska Street, one of Tarnów's main transport routes, the scheme will deliver around 35,000 sqm of gross leasable area (GLA) across nearly 30 retail and service units, including an Agata furniture store and a Cinema City multiplex.

The Eastern European construction market is facing a cooling period of "little less optimism", while Southeast Europe shows signs of stabilizing with a "little less pessimism", according to the Eastern European Construction Forecasting Association (EECFA) 2026 Summer Construction Forecast released on 22 June 2026. Despite the shifting sentiment, both regions are projected to sustain the record-high output levels achieved in 2025 through to 2028.

Construction has begun on a new retail park in Ruda Śląska, located on Bukowa Street near the junction with 1 Maja Street. The development, carried out as the second phase of a project led by Pkb Inwest Budowa in cooperation with Terg, has already achieved approximately 90% pre-leasing at the outset of construction. The leasing process is being managed by Scallier.

Hungary's construction sector had a mixed start to 2026, with projects worth around €1.8 billion entering construction in Q1, according to the latest EBI Construction Activity Report.