Investment group DRFG has purchased the ZTC shopping centre in Rijeka, from Universale International Realitäten, part of the UniCredit Group, for more than €40 million. The transaction marks DRFG's entry into the Croatian real estate market and expands its activities in the Central and Southeast Europe region.

YIT Slovakia has reached a significant regulatory milestone in the development of its Mlynárka project in Bratislava. Following the building placement decision issued by the district in November 2025, the developer obtained legal planning permission on 18 December 2025 for the first phase of the development, comprising blocks B, C, and E. This approval allows the company to transition the project into the next phase of the formal authorisation process.

Fiege Szállítmányozási és Logisztikai has signed a lease for an additional 33,000 sqm at Panattoni Park Moson in Hungary. The company will now occupy approximately 51,000 sqm across two buildings, having expanded from its initial 18,000 sqm pre-let to include the remaining 10,000 sqm of the first building and a complete second warehouse.

According to the Wall Street Journal, Jared Kushner has abandoned plans to develop a Trump-branded hotel complex on the former Yugoslav army headquarters site in central Belgrade, following mounting political, legal and public opposition in Serbia. The project, which had become highly controversial due to its location on a NATO-bombed heritage site and the government’s efforts to strip it of protected status, ultimately stalled amid investigations, protests and growing scrutiny over potential conflicts of interest.

At Balkans Property Forum 2025 in Belgrade, senior bankers, investors and developers came together to assess where capital is flowing in a market shaped by cautious optimism and selective growth. The investment and financing panel examined how asset preferences, financing conditions, regulatory capacity and ESG expectations are influencing investment decisions across Serbia and the wider region, revealing both the persistence of traditional strongholds and the gradual emergence of new priorities.

Southeast Europe is entering a new cycle: investment strategies are shifting, digitalisation is accelerating, tourism is reshaping demand, and developers are navigating a more complex macro environment. Against this backdrop, Balkans Property Forum 2025 returns to Belgrade on 9 December for the ninth time to bring together the people shaping the region’s real estate future.

Jtre has received a building permit for the next phase of River Park in Bratislava. The Danube waterfront development will feature 153 residences, 10,000 sqm of office space, and a new green square.

Belgrade's rental market remains stable with no significant changes compared to previous years, according to an analysis by real estate agency Cordon based on 1,000 apartment listings from November 2025.

Novotel has opened its first hotel in Croatia, marking the Accor brand's debut in the country. Located at the eastern gateway of Zagreb, the 163-room Novotel Zagreb sits 20 minutes from Franjo Tuđman Airport and 15 minutes from the city centre.

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.