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.

Cloud9, part of Alfa Group's real estate division, has begun construction on the second phase of its Cloud9 Evolution residential project in northern Bucharest. The company is investing €80 million in this phase, part of a total €170 million budget for the entire development.

Echo Investment has signed a sale agreement for Brain Park C building. The latest phase of the Kraków-based office complex will be acquired by Greenstone Asset Management, a private equity and investment firm. The building provides 13,700 sqm of GLA and has an BREEAM rating.

CBRE reports that office demand in Bucharest remained stable in Q3 2025, with total leasing activity reaching 61,500 sqm, consistent with the previous quarter but down from last year's quarterly average and the first half of this year. Despite the constant activity levels, market dynamics shifted this quarter as net demand increased by 44% compared to Q2 2025, totalling 41,700 sqm.

Atenor has appointed János Martin as Country Director for Hungary as of November 4, the company announced on LinkedIn.

ECE Work & Live has established a residential development joint venture with GH Development, with Colliers Corporate Finance & Living Services Team acting as advisor to ECE.

Investment activity in the Czech commercial real estate market is now primarily driven by domestic capital, while in the long-term trend, local capital accounted for one third of the total investment volume. Over the past three years, however, the balance has shifted this year, and Czech investors represent 80% of all transactions completed to date, according to a Savills analysis.

The European real estate industry has shifted from cautious optimism to pragmatism as geopolitical and economic uncertainty continues to temper investment activity, according to the latest report by PwC and the Urban Land Institute.

Penny Romania retail chain has inaugurated its new logistics depot in Mihăilești, Giurgiu County, near Bucharest, marking a €35 million investment in sustainable infrastructure. The facility is the first in the company's network to operate entirely without gas heating, using waste heat recovery systems and heat pumps instead.

Romanian investors topped the commercial real estate acquisition rankings in the first nine months of 2025, according to a new report by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.