Cordia has strengthened its leadership structure in Spain and Romania by appointing dedicated local CEOs to lead day-to-day operations in each market.

Budapest-based real estate investor and asset manager Indotek Group announced it has acquired a Spanish portfolio of 524 residential and commercial properties worth €43.5 million. The deal was structured as a transaction involving both non-performing loans (NPL) and real estate assets.

Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.

Europe is experiencing a surge of interest from both real estate investors and international students, making it the ideal destination for operators and developers in the student housing sector. The latest data from Bonard has highlighted the drivers behind Europe's rise as the destination of choice for students and investors.

Romanian developer Forty Management has purchased a land plot spanning 12 ha in Bormujos, a suburb of Seville, for a new urban regeneration project under the Lagoon City brand.

Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report. 

Nhood Services Romania has been selected to support the international expansion of the Romanian restaurant chain Spartan.

Hungarian investor GESTOR REAL ESTATE announced the successful sale of Mazarrón Park, a retail destination on Spain’s scenic Costa Cálida, to French investment firm Epsilon 360° SCPI. This acquisition represents a significant milestone for Epsilon 360° as it broadens its reach into the thriving Spanish market, marking its first major investment outside of France.

Gestor, a Hungarian private real estate investment and asset management company has acquired the Portal Mediterraneo retail park in Spain from Mitiska REIM. Savills acted as an intermediary in the successful transaction. 

Hungarian real estate fund Indotek has purchased Espacio León shopping centre in the northern Spanish city of León from Blackstone for €45 million.