Garbe has received a building permit for the second phase of its Garbe Park Brno South project. It is adding two modern buildings, bringing the park's total area to 111,000 sqm.
Only 14% of office buildings across the Prague market have achieved an Energy Performance Certificate in class A or B, with older properties having a higher probability of being classified in lower energy performance classes. An internal Savills survey, covering dozens of properties, has revealed that a significant proportion of Prague's office stock is facing the need for modernisation.
96% of European logistics tenants are planning to expand their capacity in the next 12 months, to a greater or equal extent than in the past year, according to the latest CBRE survey.
According to Savills' global network research, almost 90% of respondents are anticipating an increase in daily office attendance requirements from companies this year. One of the main drivers of this change is Generation Z.
The industrial real estate market in CEE has entered 2025 with strong momentum. According to new market data released by iO Partners, the total stock of industrial space has reached 34.4 million sqm in Q1 2025, marking a 1.1% quarter-on-quarter increase.
The GBCI Europe Circle conference was established to provide the LEED community in Europe with a space for professional and social exchange. The next edition is scheduled to take place in Prague from May 14-16 and Property Forum is proud to be joining the event as Media Partner. More about the event's significance and program has been shared by Kay Killman, Managing Director of GBCI Europe, Vessela Valtcheva-McGee, Director Market Development EE and Simona Kalvoda, Executive Director of the Czech Green Building Council (CZGBC).
Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report.
Real estate investment decisions in CEE are currently made considering various challenges, such as difficulty in predicting five-year exit strategies for investments, liquidity in the region, and concerns about the impact of ESG regulations on building compliance and financing, to name a few. CEE Property Forum 2024 in Vienna has taken a closer look at European investment trends in the panel chaired by Tim Wilkinson, MRICS, Head of European Acquisitions at Indotek Group.
EIB will lend €300 million to the Czech Republic's national railway operator, České dráhy, to buy new train carriages and locomotives as well as upgrade existing ones.
The European Commission has approved a €2.5 billion (CZK 60 billion) Czech scheme to help manufacturing companies decarbonize their production processes and improve their energy efficiency to foster the transition to a net-zero economy, in line with the Green Deal Industrial Plan.
The renovated railway service in South Moravia, one of the biggest Cohesion Policy investments in the Czech Republic, was inaugurated and opened to passengers. The renovation of this line, involving - 37 new electric units - will contribute to the de-congestion of traffic during peak hours in the busy South-Moravian railway, which transports approximately 22 million passengers every year.
The energy group Premier Energy has bought new projects in Romania with a capacity of approximately 41 megawatts, for which it paid €13 million.
EIB and Czech fund Inven Capital have doubled up on their strategic partnership, with the EIB committing a further €50 million to fund innovative clean-tech and decarbonisation startups. The EIB invested the initial €50 million alongside Inven over the period 2017-2022.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
