NEWS | Property Forum

STORY OF THE DAY

Winning investment is one thing. Delivering it is another.

13
Nov
2026

Winning investment is one thing. Delivering it is another.

by Courtney Fingar

Behind every major investment decision lies a question that rarely makes the headlines: does the location have the infrastructure to make the project happen?

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Retail

13
Nov
2026

Refield opens largest retail park in Sanok, Poland

by Property Forum

Polish developer Refield is set to open a retail park in Sanok on 19 November 2026, marking the completion of the largest project in its portfolio. The scheme, located in the south-eastern part of Sanok near the bypass and national roads 28 and 84, offers approximately 23,000 sqm of gross leasable area and is fully let ahead of opening. A Castorama DIY store is being developed on an adjacent plot and is due to open in spring 2027.

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Romania retail construction pipeline tops 3,800 projects Redkom Development nears opening of retail park in Otwock Romania retail market eyes smaller cities for growth

Industrial

13
Nov
2026

MLP Group reports record nine-month results

by Property Forum

MLP Group ended the first nine months of 2026 with its strongest financial results to date. Group revenue rose 27% year on year to PLN 390.3 million (€91.2 million), while rental income grew 34% to PLN 231.3 million (€54.0 million). EBITDA before revaluation reached PLN 195.0 million (€45.6 million), up 22% year on year. Net profit for the period was PLN 165.2 million (€38.6 million), an increase of 84% year on year. The gross asset value of the portfolio stood at PLN 7,668.7 million (€1,756.0 million), up 16% since 31 December 2025, while net asset value reached PLN 3,377.5 million (€773.4 million).

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Poland industrial market reaches 38.3 million sqm in Q3 2026 CTP expands mixed-use industrial park in Ostrava LemonTree launches mixed logistics and sports complex in Warsaw

Investment

13
Nov
2026

M Core acquires retail parks and stores in Romania

by Property Forum

M Core has completed two acquisitions in Romania: Retail Park Hunedoara and the CUB portfolio, which comprises one retail park and five Penny stores, each with an adjoining retail gallery let on long leases. Retail Park Hunedoara has a diversified tenant mix serving a local catchment, while the CUB assets are held on long leases.

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Kinstellar advises on CPI Europe refinancing in Bucharest J&T to launch property fund with Prague Marriott as first asset WOOD & Company joins Vydrica residential project in Bratislava

Report

12
Nov
2026

Water use shapes data centre planning across Europe

by Property Forum

Europe's demand for data centre capacity is growing rapidly, driven by AI, digitalisation, and government targets. The European Commission aims to triple EU data centre capacity by 2035, while the UK government forecasts a need for at least 6 GW of AI-capable capacity by 2030. As more facilities are built, their water requirements are coming under closer scrutiny. "Alongside electricity, water will increasingly determine where and how data centres can be operated economically and sustainably," said Mathias Franke, Head of Data Centre Consulting at Drees & Sommer.

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ARETE sees quality and location driving industrial values PwC and ULI report flags uneven recovery across Europe Yerevan looks beyond its historic centre as urban regeneration gathers pace

Career

12
Nov
2026

Speedwell appoints new Country Manager in Romania

by Property Forum

Speedwell has appointed Răzvan Enache as Country Manager for Romania, as the Belgian-rooted developer expands its local portfolio and extends operations into regional markets. Enache takes over from Yannick van de Parre, who moves into a new regional role within the group, focusing on the company's international expansion priorities, including its activities in Poland, where Speedwell has been active since 2024.

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Innovinia reshapes management team in Hungary AXI IMMO appoints Piotr Kalisz to lead Warsaw office team CMS appoints real estate partner in Warsaw

Residential

12
Nov
2026

UBM Development tops out residential project in Prague

by Property Forum

UBM Development Czechia has completed the structural frame of its Rezidence Na Plzeňce residential project in Prague 5, near Smíchov railway station. The building is being constructed on a former brownfield site and is contributing to the gradual transformation of this part of the city. Completion is planned for the second half of 2027.

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PSN to convert historic Prague square building into 21 homes Duna House reports falling demand after Otthon Start ends NBI records €22 million in transactions in Bucharest

Office

12
Nov
2026

Bucharest prime office rents rise at twice European pace

by Property Forum

Prime office rents in Bucharest reached €23 per sqm per month in Q3 2026, a 9.5% year-on-year increase, according to Cushman & Wakefield Echinox. That compares with average growth of 5% across Europe and 7.3% in Central and Eastern Europe over the same period. The rise is driven by limited availability of quality space in the most sought-after submarkets, against a backdrop of new supply that is only gradually returning after two years without a single office completion.

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Bratislava office market sees 55% rise in net take-up The future office needs to work harder to bring people back Genesis Property improves GRESB score for third year running

Interview

12
Nov
2026

Poland swaps affordability for liquidity

by Property Forum

Poland’s growing investment market and shifting capital flows are creating new opportunities across real estate, infrastructure and other key sectors. Bartłomiej Kordeczka, Partner and Co-Head of Office at Pinsent Masons, discusses the firm’s decision to enter Poland with a 40-plus-lawyer team, what is attracting international investors and where he expects the strongest transactional opportunities to emerge.

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Why real estate turnaround is about more than financial returns Can Poland’s industrial past help meet today’s housing needs? AI is redrawing Europe’s data centre map

Economy

29
Oct
2026

Banca Transilvania and PKO Bank Polski forge referral partnership

by Property Forum

Banca Transilvania and PKO Bank Polski have signed a mutual client referral agreement to support Romanian and Polish companies seeking to expand across both markets. Under the arrangement, the two banks will refer corporate and SME clients to one another when those clients require local banking services in Romania or Poland.

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Hungary's Bayer Construct fights for survival Beyond manufacturing: What's putting North East Romania on investors' radar Why North East Romania is Europe's next investment frontier

Hotel

28
Oct
2026

Lordship picks Architekti A B.K.P.Š. for Bratislava project

by Property Forum

Developer Lordship has announced that Architekti A B.K.P.Š. has won an architectural competition for a new mixed-use building on Špitálska Street in Bratislava. The jury concluded that the studio's proposal most convincingly restores the missing section of the street frontage while respecting the architecture of the Prior department store and Hotel Kyjev complex. The competition was organised as part of Lordship's broader Arteria project, which covers the regeneration of Hotel Kyjev, surrounding residential buildings and public spaces in this part of Bratislava's city centre.

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Wave Hotels launches in Poland to acquire hotel properties AYA Properties Fund and Curtis Group sign Numa for Warsaw Danubius Hotels expands Budapest portfolio to 17 properties

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New leases

Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.

New appointments

Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

Latest news

Skanska breaks ground on office complex in Kraków

The buildings that survive the next decade won't be the greenest - They'll be the ones that can prove it

Decarbonisation is a competitive edge in Romania

7R Group releases 2025 Sustainability Report

MLP Group renews lease with Fabryka Form near Warsaw

PwC signs 20,000 sqm deal at AFI Tower in Warsaw

M Core acquires retail parks and stores in Romania

Speedwell appoints new Country Manager in Romania

Kinstellar advises on CPI Europe refinancing in Bucharest

Romania retail construction pipeline tops 3,800 projects

NBI records €22 million in transactions in Bucharest

Romania's One United Properties enters Miami

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Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.

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