Local developer Redport, in collaboration with entrepreneur Dan Șucu, obtained the Detailed Urban Development Plan (PUD) approval for the first two phases of its mixed-use scheme Infinity Nord in northern Bucharest.

Sorin Preda, Founder and CEO of Global Vision, talked to Property Forum about the company's new investment fund which should grow to €50 million and the vision to expand across the commercial sector as well as in the renewable energy segment as the development pipeline amounts to more than €500 million.

The EBRD has announced a €50 million investment in property developer Releven as part of a joint venture deal in which the bank will hold a 40% stake.

Construction of the Emonika complex in Ljubljana has entered its next phase, marked by a groundbreaking ceremony hosted by OTP Group at the project site. As Slovenia’s largest real estate development, the complex is scheduled for completion by the end of 2027. Property Forum was on site to report from the ceremony.

Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.   

Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.

Fuzja mixed-use complex in Łódź (central Poland) has won two MIPIM Awards. The project was recognized in the Best Urban Regeneration Project category. It also received the Special Jury Award.

The Timișoara City Hall recently approved the Zonal Urban Plan (PUZ) for a new urban regeneration project by Țiriac Imobiliare, owned by Romanian billionaire Ion Țiriac.

CPI Europe Group (formerly known as Immofinanz) is selling an office and retail complex in the Slovak capital to WOOD & Company, thus taking another step in its strategic portfolio optimisation. The property portfolio comprises two myhive office buildings, a VIVO! shopping centre and a 3,200 sqm plot of land with potential for residential development.

DL Invest Group has taken over the Craft office building in Katowice from Ghelamco and will change its functions. DL Craft will become a multifunctional complex offering premium office space, a hotel, restaurants and a medical clinic. The value of the transaction has not been disclosed.