CPI Property Group has sold another hotel on Prague's Wenceslas Square, reports SeznamZprávy.cz. After the Juliš Hotel, this is the building that houses the Ramada Hotel and the largest Central European bookstore. 

Sekyra Group has purchased key land in the area of Prague's former Žižkov Freight Station from Czech Railways. The Prague City Council has approved a change to the zoning plan on Thursday, reports E15.cz.

In a market environment marked by pricing inelasticity and shifting investor sentiment, Gránit Asset Management has made a significant move with the acquisition of Equilibrium 1, a landmark office building in Bucharest. Property Forum talked to Erik Wafler MRICS, Senior Investment Manager at Gránit Asset Management, to gain deeper insight into the strategic thinking behind this transaction, the challenges of sourcing institutional-grade assets in CEE, and the company’s broader ambitions in the region

Gestor Befektetési Zrt. has sold the SZERÉMI Business Park in Budapest in an off-market transaction – one of District 11’s flagship urban logistics and mixed-use (office and warehouse) developments.

The largest private student residence in Poland has just changed ownership. Offering 775 modern accommodation units, Basecamp Wrocław will add to the portfolio of Xior. The price has not been revealed. 

Newgate Investment has completed the purchase of a retail park located at 135 Bydgoska Street in Piła. This facility features a leasable area of 15,943 square meters and is situated in a traditionally commercial zone, having previously housed a Tesco hypermarket. The proce has not been disclosed.

A major railway project in Slovenia, aimed at enhancing the capacity of Port Koper, is nearing completion amidst ongoing controversies and skyrocketing costs, according to an analysis by Dr Aleš Pustovrh, Slovenian researcher at the Eastern European Construction Forecasting Association (EECFA).

The Romanian commercial real estate market saw a total investment volume of €155.8 million, with UK-based capital accounting for 68% of these deals, according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate.

BIG Poland has expanded its portfolio by acquiring the Multishop Suwałki retail park with 13,000 sqm of space. The company now owns 9 fully commercialized retail parks in Poland, totalling 175,300 sqm of GLA. The price has not been disclosed.

Czech facility management company M2C has announced its plan to enter the Prague Stock Exchange in order to expand its offering of shares, reports E15.cz.