CPI Romania is bringing international fashion retailers Primark, Peek&Cloppenburg and Reserved to Sun Plaza in Bucharest, as part of a major refurbishment of the shopping centre. The move is backed by a €100 million club-deal financing secured by CPI Property Group from OTP Bank and ING Bank Romania.

KKCG Real Estate Group has completed the acquisition of 1 St James's Square, a West End office building currently occupied by BP as its London headquarters, for £291 million. The freehold property was acquired from Lifestyle International Holdings, with financing provided by LBBW/Berlin Hyp and Aareal Bank. The deal marks a step in KKCG Real Estate Group's strategy to build a portfolio of office assets in central London.

Henley Investment Management has sold Galeria Pestka, a convenience shopping centre in Poznań, to OPAL CENTERS. Avison Young acted as exclusive sale adviser to the seller, with Greenberg Traurig providing legal counsel to the seller and SSW advising the buyer.

Poland's industrial and logistics market recorded a significant increase in leasing activity in the first half of 2026, according to a new report by AXI IMMO. Gross take-up rose by 21% year-on-year, while net take-up climbed by 58% year-on-year to exceed 2.1 million sqm. Total modern stock reached 38.01 million sqm at the end of June, with developers delivering 1.23 million sqm of new space during the period. Space under construction fell to 1.30 million sqm, down 11% year-on-year and the lowest level in more than nine years, with speculative projects accounting for 38.6% of the pipeline.

Bucharest has placed 21st in the Savills Power and Place Index Top 30, a global ranking that assesses cities with the strongest potential for future data centre development. The index evaluates locations based on criteria including energy availability, telecommunications infrastructure, access to resources and project delivery capability.

Romanian entrepreneurs Dragoș and Adrian Pavăl are expanding their investment in Switzerland with the acquisition of a 6,582 sqm plot adjacent to the Waldhaus Flims Wellness Resort for CHF 4 million, according to Romanian Hospitality Newsletter.

Commercial real estate investment in Slovakia reached €244 million across 8 transactions in the first half of 2026, according to analysis by CBRE Slovakia. Foreign investors accounted for 78% of total investment activity, equivalent to €190 million, with Czech investors representing 73% of that foreign share. Domestic investors contributed the remaining 22%, or €54 million.

Poland's regional office markets recorded total take-up of 307,350 sqm in the first half of 2026, representing a 20% decrease year-on-year, according to data from Avison Young. The combined modern office stock across the eight tracked regional cities stands at 6.76 million sqm, with a vacancy rate of 17.3%, down 0.1 percentage points quarter-on-quarter and 0.2 percentage points year-on-year.

Investment activity in Central and Eastern Europe's commercial real estate market continued to grow in the first half of 2026, with total transaction volumes across Poland, the Czech Republic, Hungary, Romania and Slovakia exceeding €5.5 billion, a year-on-year rise of 6%, according to a new report by Knight Frank. Czech investors accounted for approximately €2 billion of that total, representing 36% of all commercial real estate investment in the region.

The Czech commercial real estate investment market recorded approximately €1.02 billion across more than 30 transactions in Q2 2026, more than double the volume seen in Q1, according to analysis by Colliers. Residential assets accounted for the largest share at approximately 38% of total investment, with office properties close behind at 35%. Mixed-use, industrial, alternative, hotel and retail assets made up the remainder of a diversified quarter. Czech capital dominated overall, though Western European and global institutional investors also participated.