The Duna Plaza shopping centre in Budapest will undergo a comprehensive renovation as part of an investment by Indotek Group. The redevelopment will expand the building beyond existing retail areas to include community meeting and experience centre functions, with construction expected to begin in early 2027 and the mall reopening in 2029.

Industrial developer CTP is advancing construction work for a new 10,800 sqm building at CTPark Oradea North, continuing its expansion in western Romania. With this new project, CTP's total portfolio in Oradea exceeds 100,000 sqm of leasable space, consolidating the city's role as a regional logistics hub.

This year will end with over 1,000 premium and luxury dwellings delivered in new residential projects from Bucharest and its surroundings, a record for the recent history of Romania's residential market, according to a market report by SVN Romania.

Romanian developer Intero Property Development has signed a sale contract with a retailer for 10,418 sqm of land at Bucharest-based SkyLight Residence. The new supermarket will be the retailer's largest store in Romania, spanning over 3,265 sqm. Construction is scheduled to start in approximately three months, with opening targeted for Q4 2026.

Skanska has sold the second phase of Wrocław's Centrum Południe office complex to Investika Real Estate Fund in joint venture with Bud Holdings for €62 million. The deal marks Investika's second acquisition from the developer after P180 in Warsaw.

Property Forum recently spoke with a prominent player in the Romanian property market, who asked to remain anonymous, about the systemic challenges facing development in the capital, which risks seeing billions of euros in new investments lost due to prolonged administrative blockages.

Property Forum is inviting its readers to select the winner of one of its CEE Property Forum Awards. Voting for the Tech Gamechanger of the Year category is now open and closes at 09:00 CET on 20 November (next Thursday).

CTP has secured a major international logistics firm as tenant for 80,000 sqm of build-to-suit space at its new CTPark Budapest-Érd in Hungary. The logistics operator signed a long-term lease for the distribution hub, which will be delivered in Q1 2027.

Sun Plaza has completed a major modernisation phase with the reopening of Zara according to the latest global flagship store concept designed by Zara's Architecture Office. The new space features expanded area, integrates new digital solutions and offers a fluid layout with interconnected spaces and separate entrances for intuitive navigation.

The Polish Chamber of Commercial Real Estate (Pink) has published data on Poland's warehouse and industrial market for Q3 2025, which shows that the modern industrial and logistics market reached 36.4 million sqm.