ARTICLES LABELLED WITH TAG Croatia

At Zagreb Property Forum 2025, organised by Property Forum in Zagreb last week, the closing panel brought together leading voices in the Croatian and regional hospitality sector to dissect the forces shaping the country’s hotel market. Chaired by Ivana Rajković Špes (DDG Group), the discussion delved into Croatia’s evolving tourism landscape, the challenges of seasonality, the impact of international brands, and the shifting expectations of guests and investors.

Zagreb Property Forum 2025 brought together leading voices in the retail sector to discuss the evolving landscape of retail formats, flexibility, and the future of the industry.

Our annual Zagreb Property Forum 2025 brought together leading real estate professionals to dissect the evolving investment landscape in Croatia, revealing a market brimming with potential and complexity. Moderated by Property Forum's Csanád Csürös, the first panel explored the nuanced dynamics of investment, financing, and market transformation.

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Croatia’s hotel sector continued to expand in the first half of 2025, supported by rising tourist arrivals and ongoing investment in hospitality infrastructure, according to CBRE’s latest market report.

The European property market has begun to adapt to new conditions. The latest data, based on a survey in 28 countries across Europe, has clearly confirmed this, according to the 14th edition of the Deloitte Property Index.

SES Spar European Shopping Centers has started construction of S-Park Varaždin in northwest Croatia. The project, launched on August 18, 2025, will redevelop the historic site of the former Varteks textile factory into a modern retail park scheduled to open in 2027.

Martley Capital has sold two warehouse assets in Croatia from its Central European Value Add Fund (CEREF). The properties, Logistics Centre Vetel and Koledovcina 2, provide a total of 21,160 sqm GLA and are fully let to local and national tenants. The Vetel asset has a WALT to break of 3.3 years, while Koledovcina 2 has a WALT to break of 1.8 years. Both are located on the outskirts of Zagreb with good access to the city’s transport network.

InterCapital Real Estate Fund, Croatia’s first open-end investment fund focused on commercial real estate, acquired a strategic ownership stake in City Center one Split from CC Real for an undisclosed sum.

Croatia's construction sector is navigating a complex landscape of mixed economic and political signals, creating uncertainty about its future, according to an opinion by Michael Glazer (SEE Regional Advisors) and Tatjana Halapija (Nada Projekt), members of  the Eastern European Construction Forecasting Association (EECFA) in Croatia.