News Romania sees higher construction works in early 2025
23
Apr
2025

Romania sees higher construction works in early 2025

by Property Forum
Romania’s volume of construction work increased in the first two months of the current year, with a 16.7% rise in the unadjusted series, and a 19.5% rise in the series adjusted for working days and seasonality versus 2024, according to data from the National Institute of Statistics (INS).
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News Behind the scenes of the deal of the year so far: How Bucharest made the cut
23
Apr
2025

Behind the scenes of the deal of the year so far: How Bucharest made the cut

by Property Forum
In a market environment marked by pricing inelasticity and shifting investor sentiment, Gránit Asset Management has made a significant move with the acquisition of Equilibrium 1, a landmark office building in Bucharest. Property Forum talked to Erik Wafler MRICS, Senior Investment Manager at Gránit Asset Management, to gain deeper insight into the strategic thinking behind this transaction, the challenges of sourcing institutional-grade assets in CEE, and the company’s broader ambitions in the region
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News Budapest sees higher office take-up in Q1 2025
22
Apr
2025

Budapest sees higher office take-up in Q1 2025

by Property Forum
Budapest’s office market recorded a slight decrease in total demand during Q1 2025, while net take-up of space rose by almost a quarter, with vacancy rate in stable territory, according to data from the Budapest Research Forum (BRF).
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News Small resi units are sold within 3 months in Prague
22
Apr
2025

Small resi units are sold within 3 months in Prague

by Property Forum
The residential market in Prague continues to grow strongly. According to data from BuiltMind, over 2,100 newly built units were sold in the first quarter of 2025, almost 15% more than in the previous quarter.
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News Prague office market favours renegotiations with longer contracts
22
Apr
2025

Prague office market favours renegotiations with longer contracts

by Property Forum
The share of renegotiations of lease contracts on the Czech office market is increasing, currently hovering at around 50% of all concluded transactions. A growing number of companies are preferably extending their existing lease rather than moving to new premises after their lease expiry, reports Colliers. 
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News Gestor sells business park in Budapest
22
Apr
2025

Gestor sells business park in Budapest

by Property Forum
Gestor Befektetési Zrt. has sold the SZERÉMI Business Park in Budapest in an off-market transaction – one of District 11’s flagship urban logistics and mixed-use (office and warehouse) developments.
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News Foreign property buyers return to pre-Covid levels in Hungary
22
Apr
2025

Foreign property buyers return to pre-Covid levels in Hungary

by Property Forum
Foreign demand for Hungarian residential real estate surged in 2024, marking a return to pre-Covid activity levels. According to government statistics, non-EU nationals submitted 3,647 applications to purchase property in Hungary last year — a 23% increase compared to 2023. Of these, 3,485 were approved, according to the reports of brokerage firm Duna House.
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News Xior purchases PBSA asset in Wrocław
18
Apr
2025

Xior purchases PBSA asset in Wrocław

by Property Forum
The largest private student residence in Poland has just changed ownership. Offering 775 modern accommodation units, Basecamp Wrocław will add to the portfolio of Xior. The price has not been revealed. 
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News Newgate Investment buys another retail park in Poland
17
Apr
2025

Newgate Investment buys another retail park in Poland

by Property Forum
Newgate Investment has completed the purchase of a retail park located at 135 Bydgoska Street in Piła. This facility features a leasable area of 15,943 square meters and is situated in a traditionally commercial zone, having previously housed a Tesco hypermarket. The proce has not been disclosed.
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News ČEZ to buy headquarters in Sekyra Group project in Prague
16
Apr
2025

ČEZ to buy headquarters in Sekyra Group project in Prague

by Property Forum
ČEZ has chosen the Smíchov City project of Sekyra Group for its new headquarters. The developer has already started the construction. 
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Latest news


New leases

  • Schindler Romania is moving its office to Vastint’s Business Garden Bucharest. The company has leased 1,160 sqm in a deal brokered by CBRE Romania.
  • Footwear brand Crocs is opening its first location in the North-East region in Palas, as well as in the upcoming Rivus project in Cluj-Napoca, both projects developed by Iulius.
  • WeNet, an online marketing company, has relocated its Gdańsk office to the multifunctional Garnizon complex, owned by the Hossa Investment Group. The organisation has taken up more than 450 square meters of office space in the GATO office building.

New appointments

  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.
  • Tryton Business House in Gdańsk will welcome a new tenant. Państwowe Gospodarstwo Wodne Wody Polskie will occupy 3,092 sqm of office space in the complex owned by Globalworth. Cushman & Wakefield represented the institution in the lease process.

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