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Overall construction output in Serbia is expected to decline this year, primarily due to the slowdown in civil engineering as several road and railway projects were completed last year. By contrast, non-residential construction has entered a new growth cycle driven by investments connected to hosting Expo 2027 in Belgrade.

Stoneweg Europe Stapled Trust (SERT) has completed the sale of Arkońska Business Park in Gdańsk for €7.8 million. The 11,000 sqm modern office complex was marketed with Savills Poland and JLL as co-exclusive sales agents.

First Property Group has completed the sale of the Dr. Felix 87 office building in Bucharest's Piata Victoriei area to Bucur, a company listed on the Bucharest Stock Exchange. Colliers acted as the exclusive sell-side advisor in the transaction.

CA Immo has sold the Bartok Haz office building in central Budapest to an institutional investor, marking the company's second property sale in the city in 2025.

Praktiker Real Estate Romania, controlled by businessman Omer Susli, is acquiring an office building in Bucharest from Allianz-Țiriac. The transaction is currently at the preliminary sales agreement stage and marks another step for Susli in expanding his real estate portfolio, following his 2024 purchase of the Muntenia Business Center office building.

DRFG Investment Group has completed its first commercial property acquisition in Hungary by purchasing the Bartók Ház office building from CA Immo. Located in central Budapest, the property offers more than 17,600 sqm of leasable space. The transaction is part of the group's strategy to expand its real estate portfolio across Central and Eastern Europe.

HB Reavis has completed a €510 million refinancing of Varso Place, its flagship Warsaw development, with two new banks joining the credit consortium. The financing increased by €35 million from the previous €475 million loan on improved terms.

Nepi Rockcastle successfully issued a €500 million green bond that was eightfold oversubscribed, with an orderbook exceeding €4 billion from over 200 international investors.

BuildGreen and Zorile SA announce the achievement of LEED v4.1 Existing Buildings Platinum certification for Zity Office in Chișinău. This marks the first such certification on the Moldovan office market and aligns the project with international sustainability standards.

Crestyl has introduced its own Crestyl SICAV fund, operating under the supervision of the Czech National Bank. The open-ended fund of qualified investors is focusing on residential and commercial projects at various stages.