Mogotel Hotel Group has opened the first Mövenpick-branded hotel in Budapest, marking a significant expansion in the Hungarian capital. 

Since the onset of Russia’s full-scale invasion, Ukraine has experienced profound demographic and economic shifts. One of the most significant developments has been the increasing strategic importance of the country’s western regions—Lviv, Ivano-Frankivsk, and Zakarpattia—as safe havens for internally displaced persons (IDPs), as well as new focal points for business relocation and investment. The Ukrainian Real Estate Club has summarised the situation for Property Forum.

Gridarch (formerly Concens Investments), the BMW Group, the Statutory City of Ostrava and the Moravian-Silesian Region have laid the foundation stone of the BMW Group logistics centre this week.

The Mlynské nivy bus station is the main bus terminal in Bratislava. The spacious station has now entered a reconstruction, with HB Reavis' goal to optimise its area and adapt it to real transport requirements, reports Yimba.sk.

The Czech headquarters of the American Citi are soon moving to Nova Waltrovka in Prague. The bank will occupy new premises in the Metalica building from Penta Real Estate.

Deutsche Pfandbriefbank AG (pbb), the European specialist bank for commercial real estate finance, announced a pre-tax profit of €28 million for Q1 2025, down compared to the €34 million in Q1 2024, but an higher from Q4 2024.

Facility management group B+N Referencia Zrt has recently completed a deal in Italy in a move designed to expand its presence in the local market.

The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.

Colliers has announced the appointment of Katarína Brydone as the Managing Director of Colliers in the Czech Republic, effective 2 May 2025. This appointment has followed the announcement of Tewfik Sabongui stepping down from Colliers after seven years of leading the Czech Republic business. 

In a market environment marked by pricing inelasticity and shifting investor sentiment, Gránit Asset Management has made a significant move with the acquisition of Equilibrium 1, a landmark office building in Bucharest. Property Forum talked to Erik Wafler MRICS, Senior Investment Manager at Gránit Asset Management, to gain deeper insight into the strategic thinking behind this transaction, the challenges of sourcing institutional-grade assets in CEE, and the company’s broader ambitions in the region