ARTICLES LABELLED WITH TAG construction

News - Globalworth starts new office development in Bucharest
03
Dec
2025

Globalworth starts new office development in Bucharest

by Property Forum
Globalworth Romania has begun construction of Green Court D, the fourth building in the Green Court complex in Bucharest's Aurel Vlaicu area. The project is scheduled for completion in 2027 and is currently in the preliminary construction stage involving enclosure and basement excavations.
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News - Motorway expansion drives Hungarian construction surge
02
Dec
2025

Motorway expansion drives Hungarian construction surge

by Property Forum
The value of projects entering construction in July-September 2025 exceeded HUF 1,000 billion at current prices, the second highest level in the past ten years, according to the latest EBI Construction Activity Report Hungary.
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News - Czech industrial market hits 13 million sqm milestone
02
Dec
2025

Czech industrial market hits 13 million sqm milestone

by Property Forum
The Czech Republic's industrial real estate market continues its recovery, with 130,800 sqm of new space completed in Q3 2025, bringing the total market size to almost 12.9 million sqm. This represents a 5% year-on-year increase, according to Colliers.
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News - Prague office completions hit 10-year low despite rising demand
26
Nov
2025

Prague office completions hit 10-year low despite rising demand

by Property Forum
Only 26,300 sqm of new office space will be completed in Prague this year, the lowest figure in the past decade. Although construction activity has slowed significantly, the total volume of projects under construction remains strong at 244,200 sqm across 17 buildings at the end of the third quarter, according to data by Colliers Czech Republic.
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News - RICS warns of global sustainability slowdown in construction
11
Nov
2025

RICS warns of global sustainability slowdown in construction

by Property Forum
The Royal Institution of Chartered Surveyors has released its 2025 Sustainability Report, revealing a slowdown in global demand growth for sustainable buildings and concerning lack of progress in carbon measurement across construction projects. The report, based on insight from more than 3,500 real estate and construction professionals across 36 countries, warns that momentum behind sustainable development risks stalling without stronger policy intervention and skills development.
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News - Hercesa completes resi complex spanning 1,400 units in Bucharest
11
Nov
2025

Hercesa completes resi complex spanning 1,400 units in Bucharest

by Property Forum
Hercesa Romania has announced that the launch of the last block from Vivenda Residencias, where sales recently started, marks the final stage of the project launched in 2007, which will reach 1,400 apartments in total.
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News - Skanska starts work on Poland's first net-zero office building
06
Nov
2025

Skanska starts work on Poland's first net-zero office building

by Property Forum
Skanska has begun construction of Nowy Rynek C, the final part of a modern office complex in central Poznań. The building will be Poland's first commercial office building with net-zero CO₂ emissions at operational level and will be completely independent from the city's district heating network.
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News - CTP reports 15% rental income growth on nine months
06
Nov
2025

CTP reports 15% rental income growth on nine months

by Property Forum
Industrial developer CTP reported net rental income growth of 15.4% year-on-year to €549 million in the first nine months of 2025. The company achieved like-for-like rental growth of 4.5%, driven by indexation and lease renewals.
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News - Pierre Grafen starts resi development in Kladno-Rozdělov
03
Nov
2025

Pierre Grafen starts resi development in Kladno-Rozdělov

by Property Forum
Construction has begun on the Nová Cihelna Kladno residential project in the Kladno-Rozdělov district, featuring 104 apartments. The development includes ecological elements such as photovoltaic panels, heat pumps and an underground rainwater retention tank. Future residents will enjoy a large community garden with park landscaping.
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News - Romania leads Europe in construction with 8% GDP share
30
Oct
2025

Romania leads Europe in construction with 8% GDP share

by Property Forum
Romania's construction sector represents nearly 8% of GDP in the past four quarters, the highest share in the European Union, according to Eurostat data analysed by Colliers. This level significantly exceeds the EU-27 average of 5% and confirms construction's growing importance in the local economy. Romania also recorded the second-fastest post-pandemic growth in construction activity within the EU.
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Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • 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.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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