Speedwell is joining hands with BRD Group Société Générale by signing a financing agreement of €22.5 million for the development of Record Park, the first mixed urban regeneration project in Cluj–Napoca.

Real estate developer Mulberry Development, controlled by businessman Ovidiu Șandor, has obtained the building permit for the Radisson Blu hotel in Timișoara. The 160-room hotel will be completed in 2021. The hotel will be operated by the Radisson Hotel Group.

Echo Investment has received a building permit to start the first two office buildings at Fuzja. Thus, the developer has begun the next stage of the revitalization of the postindustrial part of Łódź. The developer, at the site of the former Karol Scheibler factory, will construct two office buildings with completion scheduled for 2020.

Flow East announced the topping out of its landmark project being constructed on Wenceslas Square (Václavské náměstí) as contractor Metrostav placed the last beam atop the structure.

According to data from JLL, Poland's supply of mixed-use commercial space has increased nearly six-fold over the last ten years. Mixed-use projects often require major revitalization and reconstruction, in a number of Poland's major metropolitan areas. Such projects include Elektrownia Powiśle, The Warsaw HUB and Koneser in Warsaw, Monopolis in Łódź, and Browar Lubicz in Kraków.  

Peakside Capital has completed the comprehensive refurbishment of a recently purchased mixed-use property in Brno. The building has been rebranded to Centrum Vídeňská and has been given a new logo. The renovation mainly focused on improving the quality of the common areas.

One United Properties has obtained the building permit for the first phase of One Cotroceni Park, an 80,000 sqm Gross Lettable Area (GLA) business park.

Changes in the Polish office sector happen not only from a quantitative aspect but in qualitative terms as well. There is a growing interest in multi-functional projects on the market. The share of flex space, which is an interesting option for large tenants, is also increasing. JLL summarised the situation on the Polish office market at the end of Q3 2019.

Romanian real estate developer One United Properties has obtained the building permit for the One Verdi Park mixed-use project that will include office and residential units.

Companies Iulius and Atterbury Europe have opened the Iulius Town mixed-use project in Timișoara, the largest investment in the region, adding up to a total of €442 million. Iulius Town entailed integrating Iulius Mall Timișoara into an extensive urban regeneration project, completing it with retail, office and entertainment uses.