Contract renewals accounted for approximately 50% of office transactions in Bucharest during H1 2024, while the total demand fell to around 160,000 sqm, according to a Colliers report. 

Romanian developer Iulius is investing €40 million in the expansion of Iulius Mall Suceava that will increase the leasable area of the project to 60,000 sqm.

Hungarian developer Infogroup has announced its rebranding as Innovinia as of September 16, as part of its strategy to expand abroad.

Colliers has named Kevin Turpin as the Key Account Management (KAM) Lead for investor clients in the EMEA region. 

For law firms, the office provides a work environment for legal teams but also serves as something of a showpiece in client and business partner relationships. In an era of changing work models, the evolving role of the office and the growing trend toward space optimisation in some sectors driven by rising costs, Cushman & Wakefield take a closer look at the legal sector’s needs and location decisions.

Prologis has promoted Pavla Procházková to a new leadership role on a European scale as Vice President, Real Estate and Customer Experience Lead for Europe.

CTP has opened a new office Building I in the Vlněna complex, a former brownfield in Brno. PKV BUILD is one of its first tenants.

Recently, there has been significantly more activity in the Warsaw office market compared to regional markets, both in terms of demand and new investments. As of last year, the demand for office space in Warsaw has increased, while overall demand has decreased in the region. There are also more vacancies in the regional markets, says Walter Herz.

Investors returned to the Central and Eastern Europe (CEE) markets. Their activity exceeded the volume of €3.3 billion in H1 2024 translating into 41% growth year on year and reaching almost the full-year volume of 2023. JLL experts, in cooperation with iO Partners, present an analysis of the trends observed in the investment market in Poland against the background of countries in the CEE region.

Banks and building societies have provided mortgage loans for more than CZK 32 billion (€1.2 billion) within August, reports the Czech Banking Association in its newest Hypomonitor. Compared to July, mortgage activity has increased by a third.