Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners. 

The international investment fund Indotek Group has sold the Bokserska Office Center office building in Warsaw. The buyer is Enter Air, a Polish charter airline, which plans to move its headquarters to the purchased building. The price has not been revealed. 

iO Partners has announced its expansion into Austria through a partnership with Optin, a real estate consultancy specialising in commercial, residential and investments.

As of December 20, 2024, the owner of Reico has changed. The new owner (shareholder) of Reico is Erste Asset Management GmbH. 

This year marks a crucial stage for the European real estate market, which is undergoing a process of recovery and transformation. Favourable economic factors, such as stabilized inflation, reduced interest rates and increasing real incomes are strengthening this sector as a key pillar of the continental economy, according to a Cushman & Wakefield Echinox analysis. 

Located in Warsaw's Praga-Północ district, the Białostocka 5D development by Eiffage Immobilier Polska has just been purchased by Heimstaden, one of the largest operators on the European institutional rental market. The price has not been disclosed.

Gide Warsaw advised Remake Asset Management, acting for SCPI Remake Live fund, on two major investments marking the client's debut on the Polish market.

Tim Wilkinson MRICS, Head of European Acquisitions at Indotek Group, talked to Property Forum about the company’s investment plans and shared his expectations for 2025.

Ahold Delhaize has completed the acquisition of Romanian food retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately €1.3 billion, the Belgian retailer announced in a press release. 

Property investments in CEE have accounted for 6% of the total volume recorded across Europe, during 2024, to around €7.7 billion, according to estimates by Cushman & Wakefield.