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Bucharest has cemented its position as one of Europe's most affordable business hubs, ranking fourth for prime office rents, according to the latest report from BNP Paribas Real Estate. 

Europe's data centre market is poised for record growth in 2025, with colocation data centre capacity expected to surge by 22% year-on-year to 855MW, according to new research by CBRE. 

Revetas Capital has secured three mandates from Korean Asset Management Companies (AMCs) representing multiple Korean Institutional Limited Partners (LPs), with an initial investment volume of more than €860 million.

Property markets in CEE have solid building blocks and the region can attract more investment across the commercial sector, with industrial and private student housing standing out, concluded speakers at the CEE Investment Update London 2023 event last week, organised by Property Forum and RICS.

Facebook parent company Meta has paid £149 million to end a lease contract for the 1 Triton Square office building owned by British Land in London. The move shows that big tech companies are looking to lease less office space as employees adopt the hybrid work system, FT.com reports.

2022 has started with a significant milestone for CEE-based proptech company Maxify – the opening of a new office in London, with the UK now acting as its primary legal jurisdiction. At the same time, the company has moved its IT infrastructure to be hosted in the Netherlands.

Slovak real estate company JTRE has agreed a construction loan of £177 million with ICG Real Estate on its flagship London development, Triptych Bankside. The loan will be for the development finance of the £400 million GDV mixed-use scheme which, when complete, will deliver residential, office, and retail at 185 Park St, SE1. Construction is scheduled for completion in 2022.

Innovation and technology will fundamentally change the world of real estate, but real estate professionals don’t always find the best way to embrace these changes. Here are our top 10 takeaways from FUTURE: PropTech London, a proptech event that took place on 2 May.

Demand for flexible workspace across the world saw record growth in 2017, according to the latest research from Cushman & Wakefield. The firm’s Co-working 2018 report reveals the extent to which the sector has evolved and matured with the UK leading the way globally.

General optimism, attractive investment opportunities and more capital characterises the Central and Eastern European property market that is now considered a favourable investment destination by international investors. The second Emerging Europe Property Forum, co-organised by Portfolio Property Forum and RICS, took place on 8 November at the RICS HQ in London.