Total demand for office leasing in Bucharest dropped by 25% to 236,000 sqm in Q3 compared to the same period of 2023, while new demand fell 11% to 82,000 sqm in the same interval due to the slowdown of the IT&C sector, according to a Colliers report. 

The digital construction permitting procedure in the Czech Republic is not going to be fully functional in the foreseeable future. There is even the possibility of commissioning a completely new system, reports E15.cz.

PropertyTalents, a European built environment advisory specializing in career and company development, is organising the BE Mixer Warsaw Edition 2024 – EXPO(hang)OVER. The event offers real estate professionals a valuable opportunity to connect, exchange insights, and support a meaningful cause. Focused on bringing together leaders, investors, and key players from the sector, the event is designed for those looking to strengthen their network and stay informed about current trends. Property Forum is a Media Partner of the event.

JLL's forecast for Q3 2024 new flat sales in major markets in Poland has proven accurate, with most cities experiencing a downturn compared to Q2 2024. The number of transactions across the six main markets reached approximately 9,200 units, marking a 6.9% quarter-over-quarter decline. This slowdown was mirrored in new supply, with only 12,600 units launched for sale across these markets. JLL experts provide a comprehensive overview of the residential market conditions in Q3 2024.

Hils Development, the real estate group owned by Romanian entrepreneur Ionuț Negoiță, has purchased two land plots spanning 12 ha in western Bucharest. 

Shoe retailer Deichmann has leased 20,000 sqm in the industrial project ELI Park Bucharest, in a move designed to consolidate its regional distribution operations.

Krzysztof Trembowski, Senior Project Director at cmT Group has talked to Property Forum about the demand for BTS projects, the rapid development of energy-saving technologies and rising reliance on the prefabricated elements.

Atenor has started to implement a rebranding of its Budapest-based office complex Olympia, formerly known as Aréna Business Campus, in a bid to accommodate new workplace trends, such as remote work and hybrid schedules.

Forestay Group has hosted a traditional groundbreaking ceremony for its latest development, the Marriott Moxy Budapest, which will be the first hotel under this brand in Hungary. 

Panattoni has launched the development of a new BTS centre in Żary for Valmet Automotive. Construction work on the project began in September 2024 to extend an existing production plant by an additional 8,800 sqm.