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.

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).

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.

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

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.

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.

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.

Czech developer PSN is to reconstruct a historic building on Strossmayerovo náměstí in Prague, converting it into 21 residential units under the name Rezidence Strossmayer. The project will also include two non-residential units on the ground floor. Residents are expected to move in from the fourth quarter of 2029.

Industrial property vacancy rates across Central Europe are diverging, according to an analysis by investment group ARETE. In the Czech Republic, vacancy stands at 5.3%, though Prague and the Central Bohemian region remain tighter at 4.1%. Poland has seen its vacancy rate fall year-on-year from 8.2% to 6.6%, while Slovakia remains near its peak at 7.99%. In the Czech Republic, net demand in the third quarter held steady at around 250,000 sqm compared with the previous quarter, but was 47% lower year-on-year, while developers started only 149,000 sqm of new projects, with total construction volume down 24% annually.

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.