Bucharest has seen a 12% increase in average office fit-out costs in 2024, surpassing €1,000 per sqm, but this level is still among the lowest in capital cities across CEE, according to Cushman & Wakefield Echinox research.

Accolade has received a loan from UniCredit Bank for the construction of two industrial parks. One is to be built in Karlovy Vary and the other in Slovakia, reports newstream.cz.

The Cimex investment group has been focusing on hotel, office and residential projects. The company is responding to Prague's market changes and new trends by transforming older office buildings into modern housing. 

Cushman & Wakefield has been appointed as property manager for part of the warehouse and logistics portfolio of international investment company Accolade. It will provide asset services for properties with a total area of over 440,000 sqm in locations across Poland such as Mińsk Mazowiecki, Konin, Elbląg, Kielce, Piła, and Koszalin, and in the Czech Republic, including Stříbro Park, one of the largest warehouse parks in the Czech market. 

The Wing Group recorded sales close to €300 million during 2024 over commercial and residential transactions across Germany, Poland and Hungary.

The European real estate market is poised for a new cycle of growth, but lingering uncertainties and global geopolitical tensions call for continued caution, according to a report by PwC and the Urban Land Institute (ULI).

CTP has announced the retailer Biedronka moving into a new 28,700 sqm logistics facility at CTPark Voderady in Western Slovakia, marking its entry into the Slovakian market. 

The Czech real estate market has exceeded expectations in 2024 and confirmed its position as an attractive European market. According to the latest CBRE Q4 2024 report, it has shown clear signs of recovery and is expected to strengthen further in 2025. The NEMO Fund focusing on long-term investments has taken advantage of these opportunities. 

Tomáš Jandík, CFA, MRICS, former CEO of the Czech real estate fund for retail investors, has founded a private equity real estate advisory and investment management company, the Crestpoint Capital Partners.

Romania's land market demonstrated robustness in 2024, registering a transaction volume similar to 2023, of around €450 million, despite economic and political uncertainties, according to a Colliers report.