Nepi Rockcastle, Europe’s third-largest listed retail real estate company by portfolio value, reported a 12.1% year-on-year increase in net operating income (NOI) in the first half of 2025, reaching €307 million. The company’s investment property portfolio exceeded €8 billion for the first time in its history, supported by acquisitions completed in 2024 and active asset management. Vacancy remained low at 1.6%.

SES Spar European Shopping Centers has started construction of S-Park Varaždin in northwest Croatia. The project, launched on August 18, 2025, will redevelop the historic site of the former Varteks textile factory into a modern retail park scheduled to open in 2027.

Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.

Newgate Investment (NGI) has acquired Fabryka Park in Katowice from TDJ Estate. Located at 51 Armii Krajowej Street next to a Kaufland store, the retail park offers over 8,800 sqm of gross leasable area (GLA). This follows several recent acquisitions, bringing NGI’s Polish retail park portfolio to more than 200,000 sqm of GLA.

CPI Europe has announced an adjustment to its business strategy to better align with its existing group structure, recent business developments, and the market environment.   

PKB Inwest Budowa has received a final building permit for a new retail park in Konstantynów Łódzki, scheduled to open in Q2 2026

M Core has received approval for the Zonal Urban Plan (PUZ) for a new retail project in Lugoj. 

Companies have contracted office spaces for over 7,000 new employees in the first half of 2025, with new demand totaling 64,300 sqm on the Bucharest market, according to a report by Cushman & Wakefield Echinox.

Romania's real estate market has seen sustained demand for office, retail, and industrial spaces with over 150,000 sqm of the total real estate stock occupied during H1 2025, finds a new report by CBRE Romania.

The Savarin project by Crestyl Development Group has received a valid zoning decision, enabling the reconstruction of the courtyard in the vicinity of Prague's Wenceslas Square.