MPC Properties has sold CBRE Immo Outlet Center in Belgrade to PFT Celanova for an undisclosed sum.

The residential real estate market in Belgrade is showing signs of renewed activity following a period of stagnation, with a noticeable uptick in the number of smaller-scale projects breaking ground across the city. A new report by Cordon offering a snapshot of pricing in some of the capital’s most popular neighbourhoods reveals both the resilience of investor confidence and the challenges still dampening momentum.

InterCapital Real Estate Fund, Croatia’s first open-end investment fund focused on commercial real estate, acquired a strategic ownership stake in City Center one Split from CC Real for an undisclosed sum.

The Trump administration has imposed 100% tariffs on a range of imports from Serbia and Bosnia and Herzegovina, accusing both countries of deepening ties with China. This marks the first time a U.S. president has taken such a step against a European nation over relations with Beijing.

The hotel market in Prague and the entire Central and Eastern European region is experiencing a recovery exceeding initial expert expectations, according to the CBRE analysis. International overnight stays in Prague are at 95% of their 2019 level.

Nearly 40% of office occupiers are mandating a hybrid work model, requiring employees to be in the office 2-3 days per week, according to a new report from Cushman & Wakefield.

Generali Adriatic Value Fund has sold the Arkadia shopping centre, located in Domžale, northeast of Ljubljana, Slovenia, to SES Spar European Shopping Centers, for an undisclosed sum.

Tirana-based Park Avenue Tower, developed by Orion Shpk, is the first office project in Albania to achieve a BREEAM Excellent rating under Version 6 certification.

According to local real estate agency Cordon, the Belgrade residential market recorded a total transaction volume of €650 million in the fourth quarter of 2024. This represents a 32.6% increase compared to €490 million in the fourth quarter of 2023, when the market was still affected by a two-year stagnation period. While the volume is objectively high, Cordon notes that the year-on-year comparison should be viewed with caution, as the 2023 figure reflected an exceptionally weak period.  

Bulgaria is in a critical race against the clock to access the remaining €4.32 billion of its €5.69 billion Resilience and Recovery Plan (RRP) grants, with less than 25% of the total funding received so far, according to research by EECFA.