Cloud9, part of Alfa Group's real estate division, has begun construction on the second phase of its Cloud9 Evolution residential project in northern Bucharest. The company is investing €80 million in this phase, part of a total €170 million budget for the entire development.

AFI Czech Republic has officially begun construction of its new rental project AFI Home V Korytech in Prague 10 featuring 519 residential units. Construction will proceed in two phases that started simultaneously, with the first phase completing in Q2 2028 and the second a year later. Metrostav DIZ serves as the general contractor.

Indotek Group has announced plans to build thousands of new homes in Budapest at prices more favourable than panel flats, including projects in districts XI and XV. The company expects that the new targeted apartment supply will have a price-reducing rather than price-inflating effect, contrary to some market fears.

Atenor has appointed János Martin as Country Director for Hungary as of November 4, the company announced on LinkedIn.

ECE Work & Live has established a residential development joint venture with GH Development, with Colliers Corporate Finance & Living Services Team acting as advisor to ECE.

Mulberry Development, the real estate company founded by entrepreneur Ovidiu Șandor, has announced the start of a new building within the ISHO complex in Timișoara. Construction is scheduled to begin immediately, with delivery targeted for the end of 2027 or early 2028, while over 30% of apartments in ISHO C have already been reserved.

Crestyl has begun construction of the Kappa residential building at Prague's Hagibor development, located near Želivského metro station. The fifth residential building in the project is scheduled for completion by the end of 2027, with Metrostav DIZ serving as the general contractor.

Wing Group has signed an agreement with GTC to purchase a development site at 173-177 Váci Road in Budapest, covering more than 2.1 hectares. The company plans to build approximately 470 apartments and a 23,000 sqm office building as part of a mixed-use project on Hungary's largest office market area.

Construction has begun on the Nová Cihelna Kladno residential project in the Kladno-Rozdělov district, featuring 104 apartments. The development includes ecological elements such as photovoltaic panels, heat pumps and an underground rainwater retention tank. Future residents will enjoy a large community garden with park landscaping.

iO Partners has launched iO4Land, a digital solution that transforms how land is sourced, analysed, and validated across CEE.