Hyprop Investments, South Africa's largest listed specialised shopping centre REIT, has agreed to acquire Galleria Burgas, a shopping centre located on Bulgaria's east coast, for €122.2 million before adjustments.

Construction has begun on a new retail park in Ruda Śląska, located on Bukowa Street near the junction with 1 Maja Street. The development, carried out as the second phase of a project led by Pkb Inwest Budowa in cooperation with Terg, has already achieved approximately 90% pre-leasing at the outset of construction. The leasing process is being managed by Scallier.

Savills has expanded its investment team in Poland with three appointments, including a new Head of Investment and a Head of Cross-Border Transactions for CEE, all based in Warsaw.

Portico Investments Group has acquired two grocery assets in Ploiești, Romania, both fully leased to Mega Image, the company announced on LinkedIn.

GTC reported rental and service revenue of €53 million in Q1 2026, up 7% from €50 million in Q1 2025, driven by 4% like-for-like growth in rental income. The increase was primarily supported by higher rents in Poland, particularly in shopping malls, as well as strong performance from properties in Sofia and Belgrade.

Budapest-based real estate developer TriGranit, in partnership with the DRFG Investment Group, has successfully acquired the Korzó Shopping Centre in Nyíregyháza, marking a significant expansion of its retail portfolio across CEE.  

The Czech commercial real estate market demonstrated calm and stability in the first quarter of 2026, with total investment volume reaching €431.5 million, according to Colliers. The share of individual asset classes was relatively balanced, and yields on premium properties remained unchanged.

The Czech investment group SCF has completed the acquisition of Janki Retail Park in Warsaw, located next to the shopping centre of the same name that SCF has owned for two years. The seller was LCP Poland, part of M Core.

Czech retail continued its modest growth trajectory in 2025, with regional shopping centres recording a 1.2% increase in footfall and 2.1% growth in turnover, according to CBRE's Shopping Centre Index. The vacancy rate dropped to a historic low of 2.8%, while average rents increased by 2.3%.

Falcon Investment Management fund has expanded its retail portfolio with the opening of Oto Park Sandomierz, the latest addition to its growing Oto Park brand.