UBM Development Czechia's Timber Praha, the first multi-storey timber residential development in the Czech capital, has completed nearly two years of operation. The project, comprising four residential buildings with 62 units in the Prague district of Řeporyje, was completed in 2024 and is now fully sold and occupied.

Poland's planning reform is reshaping the land market as the Housing Special Act, commonly known as lex developer, expired on 31 August 2026. The legislation had for eight years enabled residential projects to be built on sites not always designated for residential use under local zoning plans. According to the Polish Association of Developers, the procedure was applied to projects comprising over 100,000 homes during that period. Plots covered by a local zoning plan, a legally binding planning decision, or an adopted Residential Investment Location Determination are now gaining in value, while sites without a secured development pathway face price pressure as regulatory risk becomes a direct component of land valuations.

LCP Poland, part of M Core, has completed the acquisition of Galeria Chełm from Equilis and Acteeum. The transaction value was not disclosed. The purchase adds more than 17,000 sqm of retail space and 55 tenants to LCP Poland's portfolio.

Industrial and logistics facilities across CEE are under growing pressure to improve efficiency, reduce energy consumption and adapt to workforce and sustainability challenges. Silviu Bulzan, Sales Leader Office & Industry SEE at Signify, discusses how connected infrastructure, data and AI are changing facility management, and why lighting is evolving from a basic utility into a tool for improving productivity, safety and ESG performance.

Speedwell has appointed Răzvan Enache as Executive Director of Development in Romania. In his new role, he will coordinate development strategy, planning and stakeholder engagement, and contribute to identifying new opportunities in the Romanian market. The appointment coincides with the company advancing several complex projects in key Romanian cities, including TINO in Brașov, the regeneration of the former 1 IUNIE textile factory site in Timișoara, and the large-scale mixed-use project CityZen in Bucharest.

MS Investments and co-investor RR Enterprises plan to replace a postmodernist office building at Żurawia 8 in Warsaw with a 69-unit residential development. The address, located near Three Crosses Square and the Royal Route, previously housed a radio station and will return to residential use for the first time since the early 20th century. Demolition is scheduled to begin this autumn, with the first residents expected to move in in 2029.

Polish residential developer Develia reported revenue of 1,888.7 million złoty for the first half of 2026, up 152% from 748.3 million złoty in the same period of 2025. Net profit rose 84% year on year to 319 million złoty, compared with 173.4 million złoty a year earlier.

Refield has begun construction of Pasaż Łańcucki, a retail park of 11,200 sqm being developed on a 3.5-hectare site on ul. Przemysłowa in Łańcut, adjacent to Regional Road No. 877. The project is being delivered on a turnkey basis for local company Bispol Invest Sp. z o.o., with opening scheduled for September 2027. JT Konkurent is serving as general contractor.

P3 Group S.à r.l. has reported its condensed consolidated interim financial results for the first half of 2026, posting net operating income of €284 million, up 6% from €269 million in H1 2025. The company's logistics portfolio covers 10.2 million sqm of gross lettable area across 10 European countries and serves approximately 490 customers. Portfolio value was held at €10.8 billion, with acquisitions and development activity offsetting disposals, while the like-for-like value declined marginally by 0.4% as yield expansion to 5.74% outweighed estimated rental value growth of 0.3%.

Czech developer PSN has begun construction works at the former Koh-i-noor factory site in the Vršovice district of Prague. The nearly two-hectare brownfield, which had been largely inaccessible to the public for decades, will be transformed into a mixed-use neighbourhood comprising approximately 600 residential units, 30 commercial spaces, new pedestrian routes and public green space. The project has been designed by Jakub Cigler Architekti, with total construction costs estimated at approximately three billion Czech crowns.