George Gardin, Country Manager for Romania at Yellow Tree Group, spoke with Property Forum about the group's first pilot development in Romania, Aria Shopping Center, and the investment vision for the local market going forward, with a focus on diversification into hospitality and in-city logistics. 

Savills has been appointed to manage a selection of major properties owned by Yareal Polska. The portfolio includes buildings C, D, and E within the Lixa office campus, the Wspólna 47/49 office building, and the retail component of the mixed-use complex Soho by Yareal, totalling more than 67,000 sqm of space.

Sekyra Group has completed the office building in the new Rohan City district in Prague. The new Arché building is now also the headquarters of Sekyra Group. 

Fulga Dinu, Country Manager of CPI Romania, talked to Property Forum about the investments and new leasing deals across the group’s 590,000 sqm office and retail portfolio in the local market and CPI’s ultra personalized approach in relation to its tenants.

Vilharia, the office building in Ljubljana, developed by the Slovak development company Corwin, has announced two new key tenants. The building has reached 75% occupancy.

According to epiteszforum.hu, Futureal Group’s residential developer arm Cordia will convert the next, currently shell-stage phase of the Corvin Innovation Campus office complex into a residential building. Designed by Radius B+S Architects, the eight-storey building will house more than 200 apartments, some featuring ceiling heights over 3 metres, thanks to the existing structural design. The project will also include a three-level underground garage, 400 sqm of communal space for residents, and a 160 sqm rooftop terrace exclusively for residents.

Niam, a leading real asset manager in Northern Europe, has completed the sale of two office buildings from the High5ive complex in Kraków to Stena Real Estate AB. The buyer is part of the Stena Sphere, one of Sweden’s largest family-owned business groups.

Yareal Polska is stepping into the next phase of its growth with an ambitious pipeline of residential and commercial projects. The developer is currently delivering nearly 1,200 residential units and preparing to launch an additional 1,000 in the coming months. With secured land reserves for more than 2,000 future units, the company is reinforcing its long-term commitment to the Polish housing market.

Office markets in Central and Eastern Europe are continuing to evolve in response to changing occupier expectations, economic pressures, and ESG standards, according to Colliers' latest report covering Bulgaria, Czechia, Hungary, Poland, Romania, and Slovakia.

Fitch Ratings has affirmed Globalworth's Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating at BBB- with a stable outlook, noting the company's efforts in deleveraging and its robust commercial portfolio across Poland and Romania.