November 28, 2025

Projects & Developments

Panattoni Launches 102,000-Square-Meter Expansion of Wroclaw Campus 2 with DSV as First Tenant

Wroclaw Campus 2 will ultimately total approximately 160,000 square meters of industrial space. Phase one of the complex, covering 54,000 square meters, has been fully leased and delivered.

Centerscape Purchases Biedronka Property in Szczecin, Poland

According to Centerscape, the modern building was constructed in 2018 and sits on a condominium plot of approximately 1,825 square meters.

Skanska Begins Construction of Nowy Rynek C in Poznan

The company reports that it will be the first commercial office building in the country to achieve net zero operational carbon dioxide emissions and operate independently of the district heating network.

P3 Logistic Parks Buys Stoneweg Logistics Portfolio in Slovakia

The newly acquired portfolio totals 95,535 square meters across western, northern, and eastern Slovakia, all with direct access to major transport corridors, including highways D1 and E571.

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.

Media Expert and Panattoni Lay Cornerstone for New Lodz Distribution Center

According to Panattoni, located in the central part of Poland, near the main transport arteries (A1, A2, S8, and S14), the complex will enable efficient nationwide customer service and further strengthen the company’s omnichannel logistics operations. 

Julius Meinl Living Acquires Building on Hegedu Utca in Budapest

According to Schoenherr, the asset is slated for a full refurbishment and conversion into a luxury hotel to be branded The Julius Budapest, with opening currently planned for early 2029.

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.

Echo Investment Sells Brain Park C to Greenstone Asset Management

According to the developer, the fully leased building provides 13,700 square meters of GLA and has an Excellent BREEAM rating. It is part of an office complex designed by Baumschlager Eberle Architekci Krakow studio.

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.

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.

Develia and PFI Global Enter Joint Venture for Wroclaw Development

Develia and PFI Global have entered a joint venture for a multi-stage project to develop and commercialize residential and commercial units totaling approximately 29,191 square meters of usable area on Lotnicza Street in Wroclaw. 

DNZ Neskovic Acquires IN Hotel in Belgrade

The hotel, opened in 2006 and located near the Belgrade Arena and the Sava Amphitheatre, is a four-star property that offers 187 rooms and suites, conference facilities, and a wellness center.

Volta SKAI OU Registers 2.2 Oversubscription of EUR 8 Million Bond Issuance

Volta SKAI is an Estonian company operating under the brand of local real estate developer Endover

Panattoni Sells Panattoni Park Rzeszow North to Arete Investment Group

The park is a fully leased logistics and distribution complex with an area of 90,000 square meters. The complex consists of two class A buildings, completed in early 2023.

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.

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.

Bosnia & Herzegovina: Are You Really Covered? Real Estate Due Diligence Pitfalls

Investors often assume that a clean land registry extract is sufficient to proceed – but in BH, this is just the tip of the iceberg.

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.

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. 

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.