Over the past decade, Romania has faced increasing pressure - both from domestic and from international institutions - to modernize its property tax system. With structural challenges in housing affordability and significant fiscal constraints at the national level, local tax reform, as outlined in the National Recovery and Resilience Plan (PNRR), has emerged as a critical priority, writes Daniel Grigore, Director, Corporate Income Tax, Deloitte Romania.

Property investment company Hubix has announced a strategic investment in The Lake Home, a residential project in Sibiu, developed in partnership with Novarion.

Didier Balcaen, CEO and Co-Founder of SPEEDWELL, talked to Property Forum about the company’s strong development pipeline in Romania and the trends shaping the local residential and commercial real estate market.

The planned district around Florenc and Masaryk Station has taken another step forward. Prague councillors have approved two key changes to the zoning plan and a contract on contributions from the developer on Thursday, reports E15.cz.

PSN is launching the sale of the Jitro residential project in Prague's Vršovice. The project is designed to offer 144 units, as well as 35 townhouses with private entrances and green roofs. 

Romanian developer Millstone, controlled by Johan Rogiers and Horia Chioseaua, has officially begun construction on a boutique residential project on Calea Victoriei, in central Bucharest, which represents a €18 million investment. 

In a recent panel discussion during Future of Real Estate 2025 in Warsaw, exploring the transformative potential of the 15-minute city concept, leading real estate professionals in Poland delved into the intricate challenges and opportunities of creating more integrated, accessible urban environments.

The iconic 1967-built Hotel Budapest — locally known as Körszálló (meaning 'circle hotel') — has officially received demolition and construction permits for a near-complete rebuild. Most of the cylindrical tower and interior will be taken down and reconstructed to house around 50 luxury apartments, along with wellness facilities, restaurants, offices, and public amenities, 24.hu reports.

Danilo Djurović, CEO of Monting Development, talked to Property Forum about the current state of affairs in the Polish residential market, environmental responsibility and business partnership with football star Robert Lewandowski.

BLD Poland, part of Bulgarian investment group AG Capital, has acquired a plot in Warsaw’s Białołęka district for a new residential project that will include nearly 90 housing units. The site is located near Głębocka Street, close to parks, schools, and the Targówek retail centre.