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STORY OF THE DAY
From flats to turbines: Why this developer is building a wind farm

Story of the week

News From flats to turbines: Why this developer is building a wind farm
20
May
2025

From flats to turbines: Why this developer is building a wind farm

by Forum Property
Paweł Malinowski, CEO of Profbud, talked with Property Forum about the cooldown on the Polish residential sector, building developer-owned wind farms and the necessary diversification of the product portfolio in the current market conditions.
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Industrial

News CTP CTPark Jagodina Petar Kolognat SEE Serbia
20
May
2025

CTP develops 18,000 sqm production facility in Serbia

by Forum Property
CTP has developed a new 18,000 sqm build-to-suit production facility for Schott Pharma, a supplier of pharma drug containment solutions and delivery systems, at CTPark Jagodina in Serbia. 
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Poland's warehouse stock tops 35 million sqm Gridarch launches construction for BMW logistics in Ostrava Real Management’s project in Łubna gets cerified

Residential

News BREEAM CEE Dr. Sándor Csányi Emonika Ljubljana OTP Group Slovenia
19
May
2025

Construction of Ljubljana mega project kicks off

by Forum Property
The Emonika complex in Ljubljana has officially entered its next phase of development as OTP Group held a groundbreaking ceremony at the project site. 
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Western Ukraine’s real estate market booms due to demographic shifts Penta completes rental housing in Prague Prima Development Group delivers resi complex in Bucharest

Office

News Avison Young office Poland regional cities
19
May
2025

Office supply in Polish regional cities remains very low

by Forum Property
In Q1 2025, the total modern office stock in Poland’s regional markets reached approximately 6.77 million sqm. During this period, new supply was limited, with only one office project completed - Dymka 188 in Poznań, offering 2,400 sqm of space, says Avison Young. 
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Romanian entrepreneur buys office building in northern Bucharest Penta welcomes new tenant in Nová Waltrovka CEE office market sees low delivery volumes in Q1 2025

Retail

News Czech Republic REALIA FUND SICAV retail
19
May
2025

Realia acquires new retail park in Czechia

by Forum Property
Realia Fund Sicav has expanded its portfolio with a newly built retail park in Šumperk in the Czech Republic. Owning currently 21 retail parks the fund has exceeded its portfolio to the value of CZK 2.8 billion (€112 million).
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HB Reavis switches part of Bratislava bus terminal to retail Iulius delivers extension of shopping mall in Suceava Poland’s retail sector starts year off strong

Report

News CEE economy election Poland Romania
19
May
2025

Pro-EU shift in CEE: Bucharest mayor wins, Warsaw next?

by Forum Property
In a significant political shift for CEE, Romania elected Nicușor Dan as president on May 18, 2025, while Poland's pro-European candidate Rafał Trzaskowski narrowly led the first round of its presidential election. These outcomes suggest a regional move toward centrist, pro-EU leadership.
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pbb sees more business, lower profits in Q1 2025 Resi prices in Brno break new record Prague and Brno unable to feed industrial demand

Hotel

News Budapest hotel Hungary Jelena Stirna Mogotel Hotel Group Vadim Muhin
16
May
2025

First Mövenpick Hotel opens in Budapest

by Forum Property
Mogotel Hotel Group has opened the first Mövenpick-branded hotel in Budapest, marking a significant expansion in the Hungarian capital. 
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Marriott International looks to boost Romanian portfolio Hagag Development Europe enters Bucharest hotel market Amstar Management sells two hotels in Bucharest

Investment

News automotive Budapest BYD CBRE China Hungary investment IP West Keegan Viscius office
15
May
2025

CA Immo sells Budapest office building to BYD

by Forum Property
CA Immo completed the sale of the IP West office building in Budapest. The buyer is BYD, a Chinese company that develops and manufactures rechargeable batteries, electric vehicles, rail transit systems, and other new energy technologies, as confirmed by Colliers. The agency represented the buyer in the transaction and provided project management services. The sale was also supported by CBRE and CERHA HEMPEL Rechtsanwälte.
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B+N Group boosts Italian presence with new deal Alto signs financing for flagship project in Bratislava Noho One in Warsaw to get €182 million financing

Economy

News CEE Czech Republic development EBRD economy forecast GDP Hungary Poland Romania Slovakia
13
May
2025

EBRD downgrades 2025 growth forecast for most CEE countries

by Forum Property
The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.
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Banking sector holds low exposure in Romania’s CRE Trump is back: What this means for CEE real estate Trump presidency: A nightmare for CEE economies

Career

News career Colliers Czech Republic
23
Apr
2025

Colliers appoints new Managing Director in Czech Republic

by Forum Property
Colliers has announced the appointment of Katarína Brydone as the Managing Director of Colliers in the Czech Republic, effective 2 May 2025. This appointment has followed the announcement of Tewfik Sabongui stepping down from Colliers after seven years of leading the Czech Republic business. 
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P3 appoints new CZ & SK Marketing Manager Coldwell Banker enters real estate market in Poland Drees & Sommer Hungary names new Managing Director

Interview

News Bucharest Gránit Asset Management Hungary investment office Romania Skanska
23
Apr
2025

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

by Forum Property
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
Read more >
REIT law in Poland: After 442 weeks waiting, what's next? Retail parks and resi projects are willingly financed by banks CTP MD breaks down demand shifts and bold growth path

New leases

  • Juguar is expanding its footprint with an additional 2,500 sqm of warehouse space at CTPark Bucharest North.
  • Moto-Profil, distributors of automotive parts and accessories, has extended its cooperation with Prologis. Since 2010, the company has been developing its logistics operations at Prologis Park Chorzów, where it benefits from a warehouse of nearly 60,000 sqm.
  • A manufacturer of protective clothing and health and safety accessories, Procera, has become a new tenant of the Hillwood Częstochowa - Miasto park (southern Poland). The company will occupy nearly 4,500 sqm of warehouse and office space.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • 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.

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