Developer Sekyra Group is launching the second stage of its extensive project of the new Smíchov City district in Prague, reports E15.cz. Three administrative buildings are planned to be built here, including the new headquarters of Česká spořitelna and a hotel.

Immofinanz has completed the sale of three office buildings in Warsaw to Echo Investment Group. The transaction price amounts to €28.5 million.

The city of Prague is buying the company VN 42, owning an office building on the corner of Wenceslas Square and Štěpánské Street, from Komerční Banka, reports E15.cz. The municipality is planning to move employees from the Škoda Palace in Jungmannova Street, leased until the end of March 2028.

The office and business centre Karlák Shopping Square (formerly Charles Square Center) owned by KGAL is getting a new face. The complete rebranding, architectural modifications and reconstruction of retail and office spaces, including a modernised logo are all included in the reconstruction plan.

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.