December 10, 2025

Deals

Blue Assets to Manage Fidurock’s Arkada Prostejov

Skanska Sells Port7 To AFI Group

Union Investment Sells Palladium in Prague

CA Immo Sells Kavci Hori Building to Conseq Group

Shopper Park Plus Closes EUR 100 Million Second Public Offering on Budapest Stock Exchange

Up to 9.3 million new shares, issued without subscription rights for existing shareholders, were offered to retail and institutional investors in Hungary and to selected institutional investors internationally.

Featured

CTP Commences Construction of New CTPark Brno South Building

The BRNS04 building is part of the next phase of development of CTPark Brno South, one of the most important industrial complexes in South Moravia, where last year CTP delivered a 52,000 square meters production facility – one of the largest in the region.

Skanska Sells Port7 To AFI Group

The complex comprises three office buildings totaling approximately 36,000 square meters of leasable space and a land plot for future development. The transaction is valued at CZK 3.16 billion.

Panattoni Kicks Off Construction of Panattoni Park Bialystok III

According to the company, the investment, with an area of over 32,000 square meters, will be completed in the first quarter of 2026, with four tenants having already signed lease agreements.

Blue Assets to Manage Fidurock’s Arkada Prostejov

Part of the Panattoni Group, Blue Assets has been operating in the Czech market since 2023. It currently manages more than 60 assets with a total leasable area of over 1.6 million square meters located throughout the Czech Republic. 

Shopper Park Plus Closes EUR 100 Million Second Public Offering on Budapest Stock Exchange

Up to 9.3 million new shares, issued without subscription rights for existing shareholders, were offered to retail and institutional investors in Hungary and to selected institutional investors internationally.

Ceska Sporitelna Finances Crestyl’s Hagibor Kappa Project

Hagibor Kappa represents the fifth residential building within the broader Hagibor project. It is expected to include more than 250 residential units and ground-floor retail.

CTP Commences Construction of New CTPark Brno South Building

The BRNS04 building is part of the next phase of development of CTPark Brno South, one of the most important industrial complexes in South Moravia, where last year CTP delivered a 52,000 square meters production facility – one of the largest in the region.

Skanska Sells Port7 To AFI Group

The complex comprises three office buildings totaling approximately 36,000 square meters of leasable space and a land plot for future development. The transaction is valued at CZK 3.16 billion.

Rohlig SUUS Logistics Extends Lease at Bolero Office Point 1

The property, where the tenant has occupied more than 2,000 square meters since 2014, is located at ul. Rownolegla 4a. It is located in close proximity to Warsaw’s key transport hubs.

Panattoni Kicks Off Construction of Panattoni Park Bialystok III

According to the company, the investment, with an area of over 32,000 square meters, will be completed in the first quarter of 2026, with four tenants having already signed lease agreements.

New Legalisation Framework in Serbia: A Limited-Time Opportunity to Register Unpermitted Buildings

With the adoption of the new Law on Special Conditions for the Registration and Entry of Rights on Real Estate, Serbia has opened what may be the final window for legalising buildings constructed without complete or valid permits.

Analysis

New Legalisation Framework in Serbia: A Limited-Time Opportunity to Register Unpermitted Buildings

With the adoption of the new Law on Special Conditions for the Registration and Entry of Rights on Real Estate, Serbia has opened what may be the final window for legalising buildings constructed without complete or valid permits.

Waste Collection Fee Applicable to Non-Residential Properties Owned by Businesses

The deadline for choosing a waste collection fee regime for 2026 is from 1 October to 30 November 2025.

A New Legal Institution: Condominium Building Right

On 14 October 2025, the Hungarian Government submitted a bill on amendments related to the introduction of condominium building rights, which involves several key legislative changes, including new rules on condominiums, real estate registration and notarial procedures.

The Law on Legalization of Unauthorized Buildings – Between Legal Certainty and Market Restriction

With the entry into force of the Law on the Legalization of Unauthorized Buildings in Montenegro, a new legal and regulatory framework has been established to address long-standing issues of unauthorized construction and unclear property status.

Changes Expected in the Conditions of the Home Start Program

The Government submitted a draft proposal for public consultation, modifying the conditions of the Home Start program. The draft takes into account both the experiences from the first month of the loan program as well as the feedback received.

From Prohibition to Permission: Hungary’s New Approach to Front Yard Structures

In August 2025, an amendment to Hungary’s national construction code entered into force, easing long-standing restrictions on front yard development.

Reclassification Option of Garden Properties

Amendments to the Land Registry Act, in force since July 2025, bring long-anticipated relief for owners of ‘zártkert’ (garden or holiday plot) properties.

From Prohibition to Permission: Hungary’s New Approach to Front Yard Structures

In August 2025, an amendment to Hungary’s national construction code entered into force, easing long-standing restrictions on front yard development.

Get the memo – every week

Essential real estate market updates, straight to your inbox.

segments

Shopper Park Plus Closes EUR 100 Million Second Public Offering on Budapest Stock Exchange

Up to 9.3 million new shares, issued without subscription rights for existing shareholders, were offered to retail and institutional investors in Hungary and to selected institutional investors internationally.

Blue Assets to Manage Fidurock’s Arkada Prostejov

Part of the Panattoni Group, Blue Assets has been operating in the Czech market since 2023. It currently manages more than 60 assets with a total leasable area of over 1.6 million square meters located throughout the Czech Republic. 

Waste Collection Fee Applicable to Non-Residential Properties Owned by Businesses

The deadline for choosing a waste collection fee regime for 2026 is from 1 October to 30 November 2025.

Global Vision Investment Fund Refinances Retail Asset in Oradea with Raiffeisen Bank

GVIF continues its investment expansion, with a current project pipeline exceeding EUR 100 million in various development stages. These include assets from the retail, industrial–logistics, data center, office, and residential segments.

Fidurock Acquires Arkada Prostejov Retail Park from BDCG

The transaction is valued at more than CZK 0.5 billion. With it, the group now owns 14 retail parks across the Czech Republic and Slovakia, with a total leasable area exceeding 130,000 square meters. 

Union Investment Sells Palladium in Prague

According to Union Investment, "the sale marks the largest property transaction ever carried out on the Czech market and is also the biggest single-asset retail transaction in CEE so far in 2025."

Eagle Hills and Government of Georgia Sign USD 6 Billion Urban Development Partnership

Together, the projects, valued at over USD 6.5 billion, are expected to contribute more than USD 7 billion to Georgia’s GDP over the next decade, generate over 31,000 new jobs, and deliver billions in tax revenues to the government.

Waste Collection Fee Applicable to Non-Residential Properties Owned by Businesses

The deadline for choosing a waste collection fee regime for 2026 is from 1 October to 30 November 2025.

CSOB Real Estate Fund Acquires Forum Karlin and Ibis Praha Old Town in Prague

Patria investicni spolecnost has announced it successfully completed the acquisition for CSOB Real Estate Fund of two properties in the center of Prague from Amundi: the Forum Karlin building and the Ibis Praha Old Town property.

WING and Accent Hotel Management Announce Strategic Partnership

The two companies are now establishing a joint venture to combine their knowledge and experience to provide professional hotel management and development services.

PPF Real Estate Secures Merger Clearance for Diplomat Hotel Acquisition

PPF Real Estate Group has acquired Diplomat Prague RE, the owner of the four-star, full-service Diplomat Prague hotel, from Lombard Real Estate.

Hinitsa Bay Four Seasons Resort Secures Financing from CrediaBank

CrediaBank has provided financing for the reconstruction, development, and refurbishment of a luxury resort in Porto Heli, Argolida, to be operated by Four Seasons. 

Panattoni Kicks Off Construction of Panattoni Park Bialystok III

According to the company, the investment, with an area of over 32,000 square meters, will be completed in the first quarter of 2026, with four tenants having already signed lease agreements.

CTP Commences Construction of New CTPark Brno South Building

The BRNS04 building is part of the next phase of development of CTPark Brno South, one of the most important industrial complexes in South Moravia, where last year CTP delivered a 52,000 square meters production facility – one of the largest in the region.

LPP Signs 11-Year Lease for New Distribution Center in CTPark Bucharest West

According to the developer, this will bring LPP's total space within the park to 125,000 square meters. Located adjacent to LPP Logistics’ new e-commerce fulfillment center, the new facility will support the group’s growth in the region and enhance supply efficiency to key markets.

Stokado Begins Construction on New Wroclaw and Warsaw Self-Storage Facilities

The Wroclaw development, located on Awicenny Street in the southwest of the city, will add more than 5,000 square meters of NLA to Stokado’s portfolio.

Panattoni and Accolade Expand Ostrov North Park

ZF Aftermarket Ostrov will be the tenant of the new premises. Operating as a key logistics hub within the global ZF automotive network, the company consolidates independent aftermarket distribution in the Karlovy Vary Region while supporting the brand’s European logistics system.

Sorainen Successful for W. P. Carey Fund’s Lithuanian Company in Rent Dispute with Kesko Senukai Lithuania

According to Sorainen, the dispute concerned Kesko Senukai Lithuania’s refusal to pay EUR 1.2 million in indexed rent for a logistics center leased from the client.

Rohlig SUUS Logistics Extends Lease at Bolero Office Point 1

The property, where the tenant has occupied more than 2,000 square meters since 2014, is located at ul. Rownolegla 4a. It is located in close proximity to Warsaw’s key transport hubs.

Skanska Sells Port7 To AFI Group

The complex comprises three office buildings totaling approximately 36,000 square meters of leasable space and a land plot for future development. The transaction is valued at CZK 3.16 billion.

Kanal Sportowy and Zdrofit Extend Leases at Golden Star’s Konstruktorska Business Center

Kanal Sportowy will continue to occupy 512 square meters, while Zdrofit will maintain its 1,000-square-meter premises in the ground-floor area of the building.

Prime Holdings Completes Sale of Lodz 1 Project in Poland

The Lodz 1 project is located on Pilsudskiego Street. The property consists of an office complex offering 6,400 square meters of gross leasable area on a land plot of more than 10,000 square meters.

Lafrentz Polska Group to Relocate Headquarters to Pixel in Poznan

The building is powered entirely by renewable energy and holds a BREEAM In-Use “Excellent” certification. Pixel offers a total of 14,600 square meters of office space.

Allianz-Tiriac Asigurari Sells Former Bucharest Branch to Primavera Development in Bucharest

The property, located at 74 Grigore Alexandrescu Street, was completed in 2010 and offers approximately 6,450 square meters of space. Until 2021, it served as the Bucharest branch of Allianz-Tiriac Asigurari.

A New Legal Institution: Condominium Building Right

On 14 October 2025, the Hungarian Government submitted a bill on amendments related to the introduction of condominium building rights, which involves several key legislative changes, including new rules on condominiums, real estate registration and notarial procedures.

Ceska Sporitelna Finances Crestyl’s Hagibor Kappa Project

Hagibor Kappa represents the fifth residential building within the broader Hagibor project. It is expected to include more than 250 residential units and ground-floor retail.

Prime Holdings Completes Sale of Lodz 1 Project in Poland

The Lodz 1 project is located on Pilsudskiego Street. The property consists of an office complex offering 6,400 square meters of gross leasable area on a land plot of more than 10,000 square meters.

Hexagon Acquires Land in Cluj-Napoca for Mixed-Use Project

The property was held through a special purpose vehicle of Max Aicher Group and is within the former Combinatul de Utilaj Greu industrial estate in Cluj-Napoca.

WING Acquires 2.1 Hectares For Mix-Use Project Development in Budapest

The development site covered by the agreement is located in the northern part of the block bordered by Vaci Road, Szekszardi Street, Madarasz Viktor Street, and Szobor Street in Budapest.

Eagle Hills and Government of Georgia Sign USD 6 Billion Urban Development Partnership

Together, the projects, valued at over USD 6.5 billion, are expected to contribute more than USD 7 billion to Georgia’s GDP over the next decade, generate over 31,000 new jobs, and deliver billions in tax revenues to the government.

Research and Reports

BNP Paribas Real Estate Poland Report Shows Warsaw Office Supply at Three-Year High

The Warsaw office market recorded the highest volume of new office deliveries in three years in the second quarter of 2025

GTC Group Releases 2024 ESG Report

In 2024, the company reports, it reduced its CO2 emissions by approximately one fifth, and that 93% of its office and retail buildings now hold one of the internationally recognized environmental certifications.

WiredScore Announces New Industrial Certification Program in Poland

WiredScore, which has been Active in European market since 2015, reports that it has certified 50 million square meters of commercial and residential real estate.

Develia Announces Q1 Financial Results

The Develia Group is reporting that it achieved a net profit of PLN 65.2 million in the first quarter of 2025.

Develia Announces Q1 Apartment-Sales Results

Develia has announced that it sold 951 units based on development and preliminary agreements in the first quarter of this year, and delivered 523 apartments.

Busy Q1 at Riga’s Domina Shopping

Riga’s Domina Shopping is reporting that a total of 12 new, relocated, or, redesigned stores have opened their doors at the shopping center so far in 2025.