Arcona Property Fund investing in Central and Eastern Europe has acquired a plot of land in the centre of the capital of Ukraine for approximately CZK 50 million (€2 million), Newstream.cz reports.

AFI Europe has reached full occupancy for its portfolio of rental apartments in Prague. The company is currently building more than 500 more apartments in the Czech metropolis.

Companies in regional cities in the Czech Republic have been facing an increasing challenge in finding quality office space, reports the Regional Research Forum. H2 2024 data for Brno and Ostrava shows that a shortage of office space is thus creating pressure on the market and tenants.

TSH Investment, a joint venture between Bulgarian investment companies Trinity Capital AD and Hus Invest EAD, has purchased shopping mall Park Center Sofia  from Revetas Group, for an undisclosed sum.

According to the latest report from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015. This was driven by the strength of evolving retail parks. Another key report finding is the growth of the luxury goods market and the increasing practical use of AI in retail.

Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.

Cluj-Napoca recorded a fourfold growth in office leasing in 2024 and was the biggest regional market for such transactions, according to a Fortim Trusted Advisors analysis.

Dr. Dániel H. Nagy, Partner and Head of Tax & Legal Services of Forvis Mazars Hungary, talked to Property Forum about the strong points of Hungary’s tax system for real estate investors and the ESG-based trends shaping the CEE property sector.

As of January 2025, ten modern commercial properties of the Czech real estate fund's Investika portfolio have completed the BREEAM international environmental certification. 

In 2024, nearly 80,000 sqm of new, modernised, or expanded retail parks were completed in the Czech Republic, now totalling 1.3 million sqm of retail space, almost a third of the total retail space capacity on the market, reports Cushman & Wakefield.