European air travel reached record levels in 2025, with airports handling 2.6 billion passengers, a 4% increase year-on-year, according to a new Colliers report.

NEPI Rockcastle is refining its structure, strengthening its growth engines and exploring opportunities beyond its core CEE markets, while maintaining a strong focus on asset quality and active management. In an exclusive interview with Property Forum, we talk to incoming CEO Marek Noetzel and incoming CIO Anca Nacu as they officially step intro their new roles today.

Bucharest is emerging as a key luxury retail destination in CEE, supported by rising purchasing power, growing tourism (over one million foreign tourists spent at least one night in the capital in 2025), and consolidation of prime high street locations, according to Cushman & Wakefield Echinox.

Poland's retail market is on a growth trend and over the next three years total sales volume will increase by an average of 2.9% annually, while the shopping park format will dominate new supply, according to a JLL analysis.

CPI Europe has reported net profit of €513.5 million for 2025 versus €133.5 million in 2024, driven by positive revaluation results of €211.8 million influenced by market trends in yields and rents in the retail sector.  

Mitiska REIM has secured €44 million development and investment financing with Bank Pekao for the refurbishment of Europa Centralna convenience centre, which is the largest retail redevelopment project currently underway in Poland.

Iulius and Atterbury Europe have begun construction on Rivus Cluj-Napoca, Romania's largest urban reconversion real estate development.

Mitiska REIM, the specialist investor in European convenience real estate, has announced the acquisition of Quick Park Mysłowice retail park on behalf of the Merep 3 fund. The project was acquired in partnership with Karuzela Holding, Mitiska Reim's joint venture partner in Poland.

ECE Real Estate Partners and Bonitas Investment Fund Management have completed the sale of Árkád Szeged shopping centre in Hungary from ECE European Prime Shopping Centre Fund II to HOME Ingatlanfejlesztő Alap, a Hungarian real estate fund. The transaction closed on March 19, 2026, with both parties keeping the purchase price confidential.

Big Poland is developing a retail park in the centre of Dzierżoniów, responding to demand for modern shopping facilities in mid-sized cities.