Billa Bulgaria announced an investment of BGN 28 million (around €14 million) to open 12 new stores in the country and create 250 new jobs.

Adventum Group, which focuses on CEE real estate investments, have completed the fifth acquisition through its Adventum Penta Fund SCA SICAV-RAIF. The fifth acquisition of the fund is the Wola Retro office complex in Warsaw, Poland which was constructed in 2019 by Develia SA.

CEE, much like the wider European market, continues to experience subdued market sentiment, while Romania remains a positive light in the region, the RICS Commercial Property Monitor for Q1 2023 reveals.

International Workplace Group has announced two new locations in Sofia. This brings their portfolio to fifth workspaces in the capital, seven in Bulgaria. One of the locations is at the European Trade Center and the other is the Regus Labirint Center in the Lyulin district

CPI Property Group and S Immo have signed and completed an agreement regarding the sale and purchase of a property portfolio in the Czech Republic.

Commercial property investment in Romania amounted to €149.6 million in the first quarter of 2023, up by 73% compared to the same period of last year, with the biggest contributions from the industrial and office segments, according to real estate consultancy Crosspoint Real Estate.

Hungarian developer and investor Wing and asset management company Griffin Capital Partners (GCP) have successfully finished the acquisition of the German developer Bauwert AG. 

Despite the general slowdown of investment activity in Europe, properties in Poland remain attractive to both local and foreign investors. Avison Young Poland summarised the current situation in the Polish investment market.

Bulgarian malt producer Malteries Soufflet, one of the world's three leading operators in the malt industry and a subsidiary of the European agricultural group InVivo, will invest €56 million in constructing a new malt plant near the city of Pleven.

One of the biggest transactions of the year in the Czech real estate market is about to take place. Negotiations for the sale of the OC Letňany shopping centre are supposedly ongoing in Prague. After six years, the German owner of the shopping centre is considering selling the property, writes HN.cz, as confirmed by two sources from the Central European M&A market.