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STORY OF THE DAY
M Core fully purchases MAS strip malls in Romania
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Story of the week

News M Core fully purchases MAS strip malls in Romania
03
Feb
2025

M Core fully purchases MAS strip malls in Romania

by Forum Property
M Core Group has purchased seven strip malls in Romania from property investor MAS for an undisclosed sum. The projects with a combined leasable area of around 32,000 sqm have a full occupancy rate. The strip malls are based in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș and Gheorgheni.
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Hotel

News Budapest Dimitri Chandogin GTC Gyula Nagy hotel Hungary Numa Group
04
Feb
2025

GTC & Numa Group launch first project in Hungary

by Forum Property
Digital hospitality platform Numa Group and GTC have announced their launch in Hungary with a flagship property in central Budapest. 
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Sir Hotels enters Czech market Hungarian developer plans hotel in Bratislava Prague's InterContinental to open this spring

Report

News BNP Paribas Real Estate Costin Nistor Fortim Trusted Advisors Romania
04
Feb
2025

Fortim records 37% turnover hike in 2024

by Forum Property
The Fortim group of companies, part of the BNP Paribas Real Estate alliance, recorded a turnover of around 11 million lei (€2.2 million) in 2024, up by 37 year-on-year, due to the diversification of its real estate consultancy services. 
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Brno introduces new city master plan Czech agricultural land attracts more investors Housing prices in Slovakia continue to grow

Investment

News GTC Gyula Nagy land office Poland Warsaw Zagreb
04
Feb
2025

GTC sells two assets in Poland and Croatia

by Forum Property
GTC has raised €82 million from the sale of two assets in Poland and Croatia as part of a strategy designed to strengthen its financial position.  
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Property investments in Romania reach €750 million in 2024 Forty Management buys land in Spain over international push Česká spořitelna to sell HQ buildings in Prague

Industrial

News 7R Catalyst Chris Zeuner green bonds industrial Poland
04
Feb
2025

7R raises €35 million from first phase of green bond sale

by Forum Property
Industrial developer 7R has raised €35 million from the sale of green bonds, as part of a wider program through which it aims to obtain €100 million. 
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NRF leases 20,100 sqm in MLP Bucharest West Kajima Poland & Hymon deliver PV project for NGK Ceramics Polska Douglas leases 46,200 sqm from CTP near Warsaw

Retail

News Constanța Foster + Partners Iulian Dascălu Iulius Palas Iași Romania
03
Feb
2025

Iulius commissions Foster + Partners for mixed-use projects in Romania

by Forum Property
Romanian developer Iulius has comissioned UK-based Foster + Partners architecture studio to work on two projects in Romania.
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Retail deliveries in Romania fall 15% in 2024 Leroy Merlin leases 11,000 sqm in Mall Moldova Repaco Capital delivers retail park near Bucharest

Residential

News Czech Republic investment Komerční Banka loan Penta Real Estate Prague residential
31
Jan
2025

Penta receives loan to complete resi project in Prague

by Forum Property
Penta Real Estate and Komerční Banka have agreed on financing the construction of the residential project Mocca Residence. The credit is corresponding to the costs to be invested in the project by Penta. 
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Cresco moves ahead with resi project in Prague Walter Herz expands in Poland with luxury resi division Penta Real Estate and Archdiocese of Prague cooperate in rental housing development

Office

News Brno CTP Czech Republic flexible office Ostrava Prague Slovakia
30
Jan
2025

CTP expands coworking network in Czech cities

by Forum Property
The Czech office market is facing historically low supply, especially in premium locations where new office construction has slowed down significantly. CTP is responding to these needs through its Clubco network of coworking centres. 
Read more >
Office space availability in Warsaw to shrink in 2025 Average vacancy in Polish regional cities hits 17.8% Scott.Weber Workspace opens largest project in Prague to date

Career

News CEO Genesis Property Ionel Purice Liviu Tudor Romania YUNITY Park
30
Jan
2025

Genesis Property names new CEO

by Forum Property
Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group. 
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Kamco Invest & Ian Worboys launch European Green Logistics Space Roca Industry names new CEO CTP appoints new Managing  Director for Czech Republic

Interview

News development interest rates interview mortgage Poland PRS residential
29
Jan
2025

Lower interest rates to drive demand on Poland’s resi market

by Michał Poręcki
Mirosław Bednarek, CEO of Matexi Polska has talked to Property Forum about the recent situation in the Polish residential market, the expected revival of the PRS segment and the biggest challenges in 2025.
Read more >
B+N CEO shares details of major acquisition in Germany and future plans Investors get more familiar with data centres and student housing Poland needs long-term, responsible housing policy

Economy

News CEE economy election Trump
06
Nov
2025

Trump is back: What this means for CEE real estate

by Csürös Csanád
Donald Trump has secured the necessary electoral votes to secure a second term, raising questions about how his presidency will influence real estate markets in Europe and CEE.
Read more >
Trump presidency: A nightmare for CEE economies CEE economic convergence: A success story with challenges ahead Hungary's construction sector shows signs of rebound

more news

New leases

  • Lefties will open a new store spanning 3,000 sqm as part of the extension of Iulius Mall Suceava. Stradivarius will also open a new store in the shopping mall. Both stores, part of the Inditex group, will open in the first half of 2025.
  • Getinge, a global provider of innovative solutions for medicine, has leased over 1,900 sqm in Kraków-based office complex Enterprise Park. The company will open a shared services centre in the leased offices. The tenant was represented by CBRE in the negotiation process.
  • Logistics company Dachser Romania has leased 5,000 sqm in Bucharest-based Industrial Park developed by Schwartz Immobilien, part of Otter Distribution Group. The deal was brokered by Dunwell.

New appointments

  • Carmen Ravon will be the new Head of Retail for CEE at CBRE starting February 1st. With over 17 years in retail real estate, she has worked with top international brands and provided valuable portfolio optimization and leasing advice.
  • Katarzyna Kopszak-Dziurnikowska, the organisation's former Chief Investment Officer, has joined the board of Apsys Polska. She started work in her new position on 1st of January, 2025.
  • Małgorzata Głowicka has joined Ceres as Chief Financial Officer responsible for Central and Eastern European markets. The company provides services in the areas of property management, project commercialisation, construction, redevelopment, modernisation and repositioning of properties.

Latest news


Orange Romania has signed a new 10-year virtual Power Purchase Agreement (vPPA) with ENGIE Romania to secure 40 GWh of renewable energy annually.

Orange Romania has signed a new 10-year virtual Power Purchase Agreement (vPPA) with ENGIE Romania to secure 40 GWh of renewable energy annually.

Amazon and Iberdrola have expanded their global renewable energy partnership by adding 476MW of new power purchase agreements (PPAs) across five countries.

Amazon and Iberdrola have expanded their global renewable energy partnership by adding 476MW of new power purchase agreements (PPAs) across five countries.

Photon Energy N.V. announced that its Hungarian subsidiary Photon Energy Operations HU Kft has signed an asset management agreement for two PV power plants.

EC has approved a €48 million French measure to support Envision AESC France in setting-up a new factory for the production of Lithium-ion batteries for electric vehicles in Douai.

The European Commission will allocate almost €1.25 billion in grants from the Connecting Europe Facility (CEF) to 41 cross-border energy infrastructure projects.

EBRD and the EU are stepping up their support for Serbia's green transition with a new investment to help boost renewable sources.

In 2024, bank volunteers participated in multiple planting sessions in both spring and autumn, contributing to the reforestation of affected areas in Ilfov, Iași, Cluj, and Buzau.

In 2024, bank volunteers participated in multiple planting sessions in both spring and autumn, contributing to the reforestation of affected areas in Ilfov, Iași, Cluj, and Buzau.

In 2025, a lot of construction is taking place, the state is rehabilitating buildings and public lighting, and private companies are looking for low-consumption lighting systems.

In 2025, a lot of construction is taking place, the state is rehabilitating buildings and public lighting, and private companies are looking for low-consumption lighting systems.

According to the current shareholder structure, MedLife holds the majority stake - 60% - and Mihai Pavel, the group's founder, holds 40%.

The lift in M&A activity in 2024 was most pronounced in H2, with 415 deals announced – the highest H2 volume since 2012 and a 58% year-on-year increase from 263 deals in H2 2023.

Founded in 2002, Fortim Trusted Advisors has been controlled since December 2020 by Costin Nistor, Nicolae Ciobanu and Bogdan Cange.

In the Exploration and Production segment, the operating result excluding special items was RON 3 billion, down by 29%.

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