BUDAPEST-The property, already one-third leased, is the only speculative office project that will be ready in this city’s market in 2011.

KRAKOW, POLAND-The unfinished tower with a childish nickname will have mostly offices, but will include a hotel, apartments, shops, restaurants and cafes.

SOFIA, BULGARIA-The city’s overall vacancy rate of 21% continues to increase, and was higher in Class A than Class B buildings, reflecting price sensitivity.

WARSAW- Rising demand for hotel rooms on the Polish coast is spurring constant development of new hotels and modernization of existing facilities.

TALLINN, ESTONIA-Some optimism is re-emerging in Estonian real estate, and foreign investor interest, especially from Scandinavia, has increased significantly in the past few months.

SOFIA, BULGARIA-A total six million square feet is expected to open in 2010, according to Colliers.

PARIS-The second quarter saw the most activity, with $4 billion recorded.

PLOIESTI, ROMANIA-Alinso plans to build a manufacturing facility on a 33-hectare site in Ploiesti West Park, a project that has $989 million of investment planned.