November 29, 2025

News

CA Immo Sells Bartok Haz Office Building in Budapest to DRFG Investment Group

The multi-tenant building was completed in 2003, has a gross leasable area of approximately 17,700 square meters, and offers 408 parking spaces.

WDP to Develop Distribution Center for FAN Courier in WDP Park Bucharest – Stefanesti

Warehouses De Pauw has announced the launch of the development of a distribution center of around 32,000 square meters in WDP Park Bucharest – Stefanesti for FAN Courier Group.

Aurelia Acquires River Garden II and River Garden III in Prague

Aurelia Fondy SICAV has acquired the River Garden II and River Garden III office buildings from Encore Plus Properties II, with financing from UniCredit Bank Czech Republic and Slovakia and Ceska Sporitelna.

CTP Appoints Ivanka Ivanova as Managing Director for Bulgaria

Ivanova previously worked as Chief Operations Officer and Board Member with Orbico Group, leading supply chain operations in over 20 markets.

HB Reavis Refinances Varso Place

HB Reavis has announced it refinanced the Varso Place project in Warsaw for a five-year term for a total of GBP 445 million, with the existing credit consortium of five banks being supplemented by PKO Bank Polski and Erste Group Bank.

TOKS Acquires Land from SIRIN Development for Largest Commercial Transport Service Center in Region

Intercity bus company TOKS has acquired a 42,000-square-meter territory and 6,000 square meters of commercial and administrative buildings in Vilnius from SIRIN Development.

Mennica Polska Takes Control of Mennica Legacy Tower Complex

Mennica Legacy Tower consists of a complex of two office buildings in Warsaw’s Wola district, at the intersection of the Prosta and Zelazna streets.

Marriott International Signs Agreement with Kuzu Group for St. Regis Karya Cove Resort

Marriott International, Inc. has signed an agreement with Kuzu Group to bring a luxury resort and branded residences under the St. Regis brand within the secluded enclave of the Kazikli Cove in Bodrum, Turkiye.

PPF Real Estate Group Acquires Diplomat Prague Hotel

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

The Hoxton to Debut in Poland with Hotel in Krakow

The Hoxton will make its Polish debut in Krakow in the second half of 2027 as part of the Dolnych Mlynow 10 development by NOHO Investment.

Papanikolopoulou & Partners Law Opens New Office in Marousi

Papanikolopoulou & Partners Law has opened its new offices at the Grivalia Properties-managed Green Plaza Building B in Marousi, Greece.

Knihobot to Move Into New Logicor Prague Facility in January 2026

Knihobot is expanding its capacity and relocating to new warehouse premises at Logicor Prague Prumyslova in Prague’s Hostivar district.

New Procedures for Verifying Orchard and Olive Grove Land in Development Permit Applications – KKTU Decision No. 01, dated 25.08.2025

On August 25, 2025, the National Council of Territory and Water (KKTU) approved Decision No. 01, which sets forth the procedures for on-site verification of properties registered with the cadastral designation “orchard” or “olive grove” as part of the review process for development and construction permit applications.

Restate To Develop Logistics Center for Bidfood in Greater Tallinn Area

Estonian developer Restate has sold a commercial plot in the greater Tallinn area to Bidfood. It will also develop a 10,000-square-meter logistics center for the property owner.

Asters Successful for Riverside Development Regarding New Podil Project

Asters has successfully defended Riverside Development in multiple disputes related to the New Podil project, developed in partnership with Saga Development and Perfect Group. 

OTP Real Estate Fund Management Cross-Sales Baber Office Building and Corvin4 Office Building in Budapest

OTP Real Estate Fund Management has concluded the cross-sale of Baber Office Building and the Corvin4 Office Building in Budapest.

Karlin Group’s Kosinka I Residential Project Phase 1 Financing

Karlin Group has secured financing for the preparatory phase for Kosinka I, a premium residential development in Prague’s Liben district.

Xior Wenedow Warsaw Celebrates Grand Opening

The development of the building was realized by Solida Capital and Xior initially held a 25% + 1 share interest in this development through a joint venture with Solida Capital.

CTP Completes CTPark Blucina Building for Inventec

The new building is part of the wider expansion of CTPark Blucina, located 8 kilometers south of Brno on the D2 motorway towards the Slovak capital, Bratislava.

Crownd Estate Group Completes Out-of-Court Restructuring

Austrian developer of luxury real estate Crownd Estate Group has completed an out-of-court restructuring following 18 months of intensive negotiations with 25 Austrian financial institutions.

Michal Radomski Joins Scallier as Investment Director in Poland

Radomski will advise the company’s clients on the acquisition of retail real estate and manage asset sale processes, representing property owners and developers.

7R Secures PLN 83.9 Million in Third Green Bond Offering

The company reports that, since the beginning of this year and the first issuance, it obtained capital totaling approximately EUR 77 million.

BYD Electric Bus & Truck Hungary Leases 5,000 Square Meters in CTP Komarom

CTP Hungary has announced it signed a lease agreement with BYD Electric Bus & Truck Hungary Kft. with the later taking possesion of a 5,000 square-meter industrial property in CTPark Komarom.

CIMEX Refinances Three Prague Office Properties with Raiffeisenbank

CIMEX Group is one of the largest private real estate investors in the Czech Republic, with a portfolio spanning hotels, office buildings, residential assets, and the St. Gabriel Monastery.

GTC Appoints Zoltan Martonyi as Interim Chairman of the Supervisory Board

According to the company, Martonyi will serve in this capacity until the General Meeting convenes and elects a new Chairman.

Manova Partners Acquires Warsaw’s VIBE Office Building

Ghelamco, the seller of the VIBE building, described it as “one of the most ecological buildings in Poland.”

Panattoni Receives EUR 30.5 Million Financing for Panattoni Park Sosnowiec V

According to the company, the first stage involves the construction of a hall with an area of over 33,000 square meters, which is scheduled for completion in the fourth quarter of 2025.

Fidurock Unveils NEAR Living Residential Project in Prague

According to Fidurock, the residential development, located within reach of Karlín and Palmovka, will offer unique housing in one of the fastest-growing districts of the Prague.

Capitalica Asset Management Begins Construction of Verde C and D in Riga

According to Capitalica, the C and D buildings will expand the Verde complex by 37,000 square meters, including 22,500 square meters of leasable A-class office space.

Hillwood Lowicz Poludnie Welcomes Pro-Logis as Tenant

Hillwood has announced Pro-Logis has joined the group of tenants at the Hillwood Lowicz Poludnie park by occupying almost 10,500 square meters of space.