KKCG Real Estate Group has completed the acquisition of 1 St James's Square, a West End office building currently occupied by BP as its London headquarters, for £291 million. The freehold property was acquired from Lifestyle International Holdings, with financing provided by LBBW/Berlin Hyp and Aareal Bank. The deal marks a step in KKCG Real Estate Group's strategy to build a portfolio of office assets in central London.

Henley Investment Management has sold Galeria Pestka, a convenience shopping centre in Poznań, to OPAL CENTERS. Avison Young acted as exclusive sale adviser to the seller, with Greenberg Traurig providing legal counsel to the seller and SSW advising the buyer.

Poland's industrial and logistics market recorded a significant increase in leasing activity in the first half of 2026, according to a new report by AXI IMMO. Gross take-up rose by 21% year-on-year, while net take-up climbed by 58% year-on-year to exceed 2.1 million sqm. Total modern stock reached 38.01 million sqm at the end of June, with developers delivering 1.23 million sqm of new space during the period. Space under construction fell to 1.30 million sqm, down 11% year-on-year and the lowest level in more than nine years, with speculative projects accounting for 38.6% of the pipeline.

Bucharest has placed 21st in the Savills Power and Place Index Top 30, a global ranking that assesses cities with the strongest potential for future data centre development. The index evaluates locations based on criteria including energy availability, telecommunications infrastructure, access to resources and project delivery capability.

Romania's Territorial Planning, Urbanism and Construction Code (CATUC), Law No. 169/2026, entered into force on 25 August 2026, marking one of the most significant reforms to the country's urban planning framework in two decades. Mauricio Mesa Gomez, Chairman of the Board of Cordia Romania and Spain, says the new Code brings greater predictability for developers and financiers, though its success will depend on the capacity of public authorities to implement the new mechanisms effectively.

BIG Poland has officially rebranded the former Power Park Kielce as BIG Kielce, marking a new chapter for the retail park following its acquisition earlier this year. The opening celebration took place on 22 August at the site on Radomska Street, with a programme of free events for residents of Kielce and the surrounding region.

Romanian entrepreneurs Dragoș and Adrian Pavăl are expanding their investment in Switzerland with the acquisition of a 6,582 sqm plot adjacent to the Waldhaus Flims Wellness Resort for CHF 4 million, according to Romanian Hospitality Newsletter.

Commercial real estate investment in Slovakia reached €244 million across 8 transactions in the first half of 2026, according to analysis by CBRE Slovakia. Foreign investors accounted for 78% of total investment activity, equivalent to €190 million, with Czech investors representing 73% of that foreign share. Domestic investors contributed the remaining 22%, or €54 million.

CTP has signed a lease of nearly 10,000 sqm of warehouse space with Chorus Research Engineering Distribution at CTPark Bucharest North. Chorus, a Romanian provider of integrated electrical solutions for energy and automation technologies, serves customers across the renewable energy and industrial automation sectors.

MLP Group recorded revenue of PLN 255.0 million (€60.0 million) in the first half of 2026, up 23% year on year, with rental income rising 34% to PLN 149.3 million (€35.1 million). EBITDA before revaluation grew 19% to PLN 126.0 million (€29.6 million), while net profit nearly doubled to PLN 156.4 million (€36.8 million). During the period, the group delivered 219,600 sqm of new space, bringing its total gross leasable area to 1.7 million sqm. Lease agreements covering approximately 97,700 sqm were signed in the first six months, generating €6.6 million in new annualised rent, and the vacancy rate remained below 5%.