The companies Eurovea and Eurovea 2 have concluded a syndicated loan agreement with four major banks – Tatra banka, as the agent and arranger of the loan, Komerční banka, a branch of a foreign bank, Slovenská sporiteľňa, and Všeobecná úverová banka.

After almost two years of construction, EPG Group has completed the modernisation and expansion of the Varyáda shopping centre in the Karlovy Vary region. The reconstruction has been managed with the shopping centre in full operation.

Construction has begun on the region's newest Stop Shop retail park in the city centre of Salgótarján, Hungary. The project is developed by CPI Hungary.

Czech lucrative properties such as hotels, offices, and shopping centres are now heading into the hands of domestic investors. On the other side, foreign investors are gradually leaving the market, reports seznamzpravy.cz.

CEE economies have been delivering solid GDP growth, outpacing many Western European peers despite external trade uncertainties and recent inflationary pressures, according to Colliers' latest report.

Zenit Corso, a new community center in Budapest's Zuglo district, is scheduled to open its doors on October 16. Located behind Bosnyak Square, the development functions not only as a shopping centre but also as a modern urban promenade, featuring stores from numerous well-known brands.

Nepi Rockcastle has inaugurated its first photovoltaic park in Chișineu-Criș, Arad County, Romania, marking a milestone in the shopping centre developer's sustainability efforts.

Redstone has completed the acquisition of the Olympia Olomouc shopping centre at the end of September. The seller is CCPEPF Poland Intermediate S.à r.l., which is part of the Catalyst Capital investment and management group.

Romania is positioning itself as a key retail market in Central and Eastern Europe, with developers shifting focus from large cities to smaller communities, according to a Colliers report. While large cities previously concentrated three quarters of modern retail stock, rising incomes and demand for modern formats are making communities of around 50,000 inhabitants attractive for new investment, with retail parks driving development.

The real estate fund Reico, part of the Austrian group Erste, is acquiring the Palladium Prague shopping centre. The Office for the Protection of Economic Competition has been assessing the transaction, reports E15.cz.