London's New Bond Street has been crowned the world's most expensive retail destination for the first time, while Budapest's Fashion Street posted the biggest gain in CEE, according to Cushman & Wakefield's Main Streets Across The World report.

The European real estate industry has shifted from cautious optimism to pragmatism as geopolitical and economic uncertainty continues to temper investment activity, according to the latest report by PwC and the Urban Land Institute.

At the recent European Property Investment Update 2025, organised by Property Forum and RICS in London, the Future Cities panel brought together leading voices in real estate, sustainability, and urban planning to discuss the evolving landscape of European cities. Chaired by Joël Scherrenberg, Chair of the Dutch Advisory Board at RICS, the session delved into the challenges and opportunities facing cities as they strive to balance economic growth, environmental responsibility, and social well-being.

At the European Property Investment Update 2025, organised by Property Forum and RICS, the opening panel convened to discuss the latest trends shaping the continent’s real estate investment landscape. Moderated by Susanne Eickermann-Riepe FRICS, Chair of the RICS European World Regional Board, the session brought together leading voices from across the sector to share their insights on shifting investor appetite, regional dynamics, sustainability, and the evolving strategies required to navigate a complex market.

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.