The Duna Plaza shopping centre in Budapest will undergo a comprehensive renovation as part of an investment by Indotek Group. The redevelopment will expand the building beyond existing retail areas to include community meeting and experience centre functions, with construction expected to begin in early 2027 and the mall reopening in 2029.

Romanian developer Intero Property Development has signed a sale contract with a retailer for 10,418 sqm of land at Bucharest-based SkyLight Residence. The new supermarket will be the retailer's largest store in Romania, spanning over 3,265 sqm. Construction is scheduled to start in approximately three months, with opening targeted for Q4 2026.

Sun Plaza has completed a major modernisation phase with the reopening of Zara according to the latest global flagship store concept designed by Zara's Architecture Office. The new space features expanded area, integrates new digital solutions and offers a fluid layout with interconnected spaces and separate entrances for intuitive navigation.

Unibail-Rodamco-Westfield (URW) has inaugurated the rebranded Westfield Černý Most shopping centre in Prague, featuring an extension that introduces new shopping, dining and entertainment experiences. With more than 30 new retail and restaurant offers and an expanded cinema experience, the destination now spans approximately 94,100 sqm and 180 units.

Romania's industrial and logistics sector recorded strong growth in the first three quarters of 2025, driven by activity in the Bucharest area. Total leasing demand reached almost 640,000 sqm between January and September, up 64% compared to the same period last year, according to Colliers data.

Andrei Radu, Group Development Director at NEPI Rockcastle, talked about the developer’s focus on net zero with a €100 million investment in clean energy production. With the recent launch of a 54 MW solar park in Romania, the group expects to cover almost 50% of its total CEE electricity needs by 2026, offering cost control and doing the "heavy lifting" for tenants.  

CBRE reports that office demand in Bucharest remained stable in Q3 2025, with total leasing activity reaching 61,500 sqm, consistent with the previous quarter but down from last year's quarterly average and the first half of this year. Despite the constant activity levels, market dynamics shifted this quarter as net demand increased by 44% compared to Q2 2025, totalling 41,700 sqm.

Nepi Rockcastle has appointed Marek Noetzel as its new Chief Executive Officer, effective 1 April 2026. Noetzel, who has served as the company's COO since June 2022, will succeed current CEO Rüdiger Dany.

Shopper Park Plus, a Hungarian real estate investment company, announced plans for a secondary public offering of approximately 8 million newly issued shares in the last quarter of 2025. The company expects to raise between €90 million and €110 million through the offering on the Budapest Stock Exchange.

The European real estate industry has shifted from cautious optimism to pragmatism as geopolitical and economic uncertainty continues to temper investment activity, according to the latest report by PwC and the Urban Land Institute.