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.

One United Properties (BVB: ONE) recorded total residential transactions of €106.1 million in the first half of 2026, covering sales, pre-sales and reservations across 229 residential and commercial units totalling 25,221 sqm, plus 396 parking and storage spaces. The average contracted selling price reached €3,853 per sqm, up 24% year-on-year, reflecting a shift in demand towards higher-value developments. One Floreasca Sunset was the company's top-selling development during the period, with approximately 73% of its units reserved since sales opened at the end of March 2026.

AFI and Echo Investment have signed a lease for approximately 20,000 sqm across 11 floors of AFI Tower in Warsaw with PwC Polska, described as the largest office leasing transaction in Poland so far this year. PwC will become the anchor tenant of the 150-metre, 40-storey tower and plans to relocate its Warsaw office there in early 2029. The building is the tallest element of the Towarowa22 mixed-use development, which is being delivered by AFI, Echo Investment and Archicom and combines office, residential, retail and leisure uses.

CTP N.V. signed leases totalling 1,576,000 sqm in the first half of 2026, a 55% increase compared with the same period last year, including a new quarterly record of 813,000 sqm in Q2. Gross rental income rose 12.6% year-on-year to €413.3 million, while annualised rental income reached €858 million as at 30 June 2026. Like-for-like rental growth came in at 4.7%, supported by indexation and rent reversion. Occupancy remained stable at 93%, with a weighted average unexpired lease term of 6.1 years.

UDI Group has obtained a building permit for the second phase of its Urban Park development in the Husovice district of Brno. The phase will deliver nearly 900 new flats, with construction already under way following the demolition of the former industrial site. The estimated investment for this phase stands at CZK 3 billion.

VGP has fully let hall B at VGP Park České Budějovice. The final tenant, automotive services company Direct auto, has taken 4,200 sqm, bringing the 8,700 sqm building to full occupancy.

CTP has delivered a 56,000 sqm distribution centre for LPP Logistics at CTPark Bucharest West, completing the project in under a year from the signing of the lease agreement. The facility is now operational and will support LPP Group's supply chain across South-Eastern Europe, serving stores in Romania, Bulgaria and Greece, as well as the continued growth of the fashion brand Sinsay. Situated adjacent to LPP Logistics' e-commerce fulfilment centre opened in late 2025, the two buildings together form a logistics hub handling both bricks-and-mortar retail and online orders.

For decades, Romania's investment story has largely been associated with Bucharest, Cluj-Napoca and the country's western industrial hubs. Yet as investors search for new growth opportunities across Central and Eastern Europe, attention is increasingly shifting east. This emerging trend will be at the heart of discussions during EastGate 2026, where investors, developers, business leaders and public officials will gather in Iași to examine why North East Romania is becoming one of Europe's most promising investment destinations.

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.