According to the latest report by Avison Young, after a challenging period of investment slowdown in 2023, the 2024 results signal a return to stability and a hint of optimism. Poland’s total transaction volume in 2024 more than doubled compared to 2023, reflecting a significant resurgence in market activity.

The development of GLP Park Praha Kozomín has been designed to offer retail, logistics, production and research spaces. Work on the park's construction is in full swing with a completion date of this September. 

Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar. 

Investments in the retail sector will continue in 2025 on the local market, while housing prices could increase in the coming period, according to Colliers Romania forecasting. 

The Myslbek office and retail complex on Prague’s centrally located Na Příkopě Street has been purchased by Max Realitní Fund. 

The development group Antracit, part of the investment holding Purposia Group, is starting construction of the mixed-use project Václav in the historic centre of Ostrava. 

KÉSZ Group has announced that its Corallis residential complex in Bucharest has already sold homes amounting to around €11.5 million, which accounts for 27% of the whole residential stock in the project. 

According to the latest report published by Newmark Polska, in 2024, leasing activity on the Warsaw office market continued at a steady level, while developers required significant pre-lets before commencing new projects, which led to a moderate office development pipeline. At the same time, the vacancy rate declined steadily, resulting in shrinking office availability. This trend is expected to persist into 2025.

TVH, a supplier of parts and accessories for material handling, industrial, construction and agricultural machines, has leased nearly 17,000 sqm of modern space at Prologis Park Ruda Śląska in Silesia region of southern Poland. Cushman & Wakefield provided assistance during the choice of location, negotiations and lease strategy development.

B+N Group has recently announced a significant acquisition, enabling the Hungarian-owned company group to enter the market of Europe’s largest economy. Following the integration of the KÖBERL Group in Germany, the company specializing in facility management and cleaning will operate in nine countries, serving both private-sector actors and major public-sector clients. The company’s international expansion has particularly accelerated in recent years, partly due to increased disinfection standards during the COVID-19 pandemic. Property Forum talked to Ferenc Kis-Szölgyémi, CEO and owner of B+N Referencia Zrt., about current trends, industry developments, labour shortages, robotization, and more.