Hungarian real estate investor and developer Indotek Group has announced the acquisition of Hotel H·Top Royal Beach in Lloret de Mar. The vendor is H·Top Hotels & Resorts Group which will continue to operate the facility, hosteltur.com reports.

Despite rising operating costs, high inflation, and uncertainties related to events such as the conflict in Ukraine, Central and Eastern European markets continue to be attractive compared to Western Europe. Daniel Bienias, Managing Director in CEE at CBRE, talked to Property Forum about investment trends and the future of the advisory business in the region and beyond.

Upvest from Komerční banka Group together with the American real estate firm Lincoln Property Company has bought the Zirkon office centre in Prague 8 from Českomoravská nemovitostní (ČMN). The price of the transaction has not been disclosed.

Industrial developer Panattoni is buying a huge brownfield on the site of the former Barbora Mine from the current owner Asental. The company intends to build a modern industrial park of hundreds of thousands of square metres on the site of the former coal mining site. The price of the transaction has not been disclosed, Seznamzprávy.cz reports.

Just ahead of the Expo Real investment fair in Munich, experts of Avison Young presented an overview of the current situation in the Polish commercial real estate market. 

PURE Hub is a new initiative connecting businesses and institutions, aiming at the reconstruction of Ukraine and supporting Ukrainian investors in Poland. 

7R finalised the sale of 7R Park Szczecin and 7R Park Łódź West II. The new owner of the properties became P3 Logistic Parks. The price has not been disclosed.

Real estate investments are a great protection against inflation, especially compared to alternative asset classes. Michael Wagenhofer, Head of Capital Markets at Arnold Investments talked to Property Forum about investment trends.

Shopper Park Plus Zrt., a regulated real estate investment holding company that owns and operates a portfolio of 18 retail properties, aims to float new ordinary shares and to list its ordinary shares in the BSE Premium category. Retail investors can subscribe for shares from October 9, 2023, with OTP Bank Nyrt. and Concorde Értékpapír Zrt. as distributors. Retail share subscription opens on October 9. 2023. In addition to professional investors, Hungarian retail investors will also be able to participate in the Budapest Stock Exchange’s (BSE) first euro-based initial public offering.

What's driving ESG investments in 2023? This question was attempted to be answered by the participants of one of the panel discussions at the CEE Property Forum 2023 conference, which was held last week in Vienna. We write about some of the answers they found in the summary below.