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International developer UDI Group is developing the Parkside project in Budapest. Baltic hotel group Mogotel is confirmed to operate it under the Staybridge Suites brand name of the global hotel chain IHG.

The Italian studio Stefano Boeri Architetti has been announced as the winner of the international architectural and urban planning competition opened by Penta Real Estate at the end of last year for the Chalupkova project in Bratislava. The land is located in the Mlynské nivy zone and is bordered by Košická and Chalupkova streets.

Bucharest’s office development pipeline is low, with just 24,000 sqm expected for delivery by the end of 2025, which could further push pre-leasing activity to new lows, according to a report by iO Partners.

Skanska has sold the Nowy Rynek E office building constructed in the Wilda district of Poznań, Poland. The buyer is Eastnine AB, a Swedish real estate company focused on office premises in prime locations at selected markets in the Baltics and Poland. This is the second transaction between these two parties in Central and Eastern Europe. 

Croatian investor Pemo Centar has announced the development of a new office building in Zagreb. The Business Centre Arena office building spanning 9,900 sqm will be delivered by Q4 2025 following an investment of around €20 million.

JLL will be responsible for leasing Atenor's future projects in Poland. Based on the success of Lakeside, Atenor has decided to entrust JLL with the commercialisation of its next two projects: Lakeside II i.e. the modernised UBC II building and FORT 7.

The developer WOAL, where JTRE and Cresco Real Estate are partners, has been preparing the concept of the development of the former Culture and Recreation Park in Bratislava for almost 10 years. For its part, Cresco has already received a valid decision on the location of the building earlier in 2024. JTRE, based on the announcement on the official board, is starting the proceedings for its parts now, reports YIMBA.sk.

Developer Penta Real Estate has made progress in the preparation of the Southbank project and entered the environmental impact assessment, reports Yimba.sk. The key owners, the developers J&T Real Estate and Penta Real Estate, are planning to build a new mixed-use zone near the Danube Embankment in Bratislava.

Private equity fund Greenstone has acquired an almost 80% stake in a special purpose vehicle owning the Format office building in Gdańsk. The vendor was Torus, which was advised during the transaction process by global real estate services firm Cushman & Wakefield and law firm Greenberg Traurig. The buyer was advised by LegalKraft and Trebbi. The price has not been disclosed.

Developer JTRE has started construction on the Ganz House project, reports Yimba.sk. The project is part of Eurovea City between Landererová Street and the Danube embankment.