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7R is launching the development of 7R Park Warsaw South III, a modern warehouse park in Sękocin near Warsaw. The project will comprise two buildings with a total leasable area of approximately 47,000 sqm. Construction works are scheduled to begin in early August 2026. Already, online tennis equipment retailer…
The Czech industrial market reached a total stock of 13.78 million sqm in Q2 2026, with 189,600 sqm of new warehousing space delivered across 10 industrial parks — a 37% decrease quarter-on-quarter and 21% year-on-year. The largest completed project was CTPark Brno Líšeň (45,000 sqm), followed by EQT Exeter Park…
The Prague Research Forum — comprising CBRE, Colliers, Cushman & Wakefield, iO Partners, Knight Frank and Savills — has published its office market figures for Q2 2026. Total modern office stock reached 3.95 million sqm at the end of the quarter, following the completion of the refurbished Danube House in Prague 8…
Commercial real estate can serve a far more significant purpose than simply providing operational premises. For many manufacturing, logistics and industrial businesses, it has become an integral component of capital structure and a source of growth financing. The sale and leaseback (SLB) model — whereby a company…
Romania's commercial real estate sector accounts for 54% of loans granted to non-financial companies and recorded a 15% annual increase in financing, according to an analysis by Cushman & Wakefield Echinox based on data from the National Bank of Romania (NBR). At the end of March 2026, credit institutions' exposure…
Forvis Mazars, an international audit, tax and advisory firm, has leased nearly 2,500 sqm at the LIXA E office building near Rondo Daszyńskiego in Warsaw, which will become its new Polish headquarters from May 2027. The transaction leaves LIXA E 96% leased, with only one module remaining. CBRE advised Forvis Mazars…
The Industrial Research Forum has announced the industrial market figures for Q2 2026
Westbridge Poland has advised Skanska Commercial Development Europe on sourcing renewable electricity for two of its office buildings in Poland. Following a competitive tender, the company has secured a green power supply for 2027 for Wave in Gdańsk and Brama Miasta B in Łódź.
Knight Frank analysis of investment market conditions and trends across Central and Eastern Europe.
Vastint Poland has signed a lease agreement with Pruftechnik, part of Fluke Corporation. The tenant has moved into the 2,370 sqm on the third floor of the B10 building next to the Wrocław-Mikołajów railway station.
The Industrial Research Forum has announced the industrial market figures for Q2 2026
Romania’s commercial real estate sector accounts for 54 pct of the loans granted to non-financial companies and recorded a 15 pct annual increase in financing, while the non-performing loan (NPL) ratio, which stands at 6.2 pct, remains below the levels reported for certain segments considered more exposed to risk,…
Borne Furniture has joined the tenants of MLP Gorzów Wielkopolski. The company was represented by Newmark Polska during the negotiations.
Prague Research Forum has announced the office market figures for the second quarter of 2026. The members of the Prague Research Forum – CBRE, Colliers, Cushman & Wakefield, iO Partners, Knight Frank and Savills – share non-sensitive information with the intention of providing consistent, accurate and transparent…
Forvis Mazars, a leading international audit, tax and advisory firm, has joined the tenants of Lixa E office building. The company’s Polish practice has leased nearly 2,500 sqm of modern office space in the building near Rondo Daszyńskiego, which will become its new Warsaw headquarters. Lixa E, part of Yareal…
Romania's modern retail stock reached 4,859,000 sqm by the end of Q2 2026, with retail parks accounting for approximately 23% of this area. Deliveries in H1 2026 totalled 84,000 sqm, including the expansion of Arena Mall Bacău, Phase 1 of Urbano Shopping & Living in Cluj-Napoca, and new retail parks in Oradea,…
Japanese electronics giant Panasonic has leased office space at Olimpia Nova in Łódź. The deal is the first to be signed since the building was rebranded and relaunched, with JLL appointed as the exclusive leasing agent.
Apsys’ revitalisation of Hala Targowa – a historic market hall bulding in Gdańsk’s Old Town – is now taking shape. The 19th century building on pl. Dominikański is being transformed into a food hall and live event venue with art exhibition space.
The Inspire residential estate in Katowice's Three Ponds Valley has received occupancy permits for its final two stages, marking the completion of the entire project developed by Okam, The estate now comprises 421 apartments in seven buildings.
FedEx has opened a new logistics centre in Košice, strengthening connections between eastern Slovakia and international markets. The facility, the company's second-largest location in Slovakia, spans nearly 1,000 sqm and features 18 loading ramps for pick-up and delivery, plus four flexible loading positions for…
KPMG's new headquarters, spanning more than 8,000 sqm, will be delivered on Váci Road, Budapest, in autumn 2029. Designed entirely around the requirements of the advisory and audit firm, the project is notable for WING delivering a complete office building tailored exclusively to a single tenant, a construction…
Sky Office Center, an A-class office building in Warsaw's Mokotów Business District, has been sold by Hines to a private Polish investor. Avison Young's investment team acted as the seller's adviser throughout the transaction.
NEPI Rockcastle is expanding its 70,000 sqm Karolinka Shopping Centre in Opole, southwest Poland, close to the Czech border. The 11,000 sqm extension and partial redevelopment will add 30 retail units and a new underground car park, while the entire façade will be modernised to blend the new and existing buildings.…
The Sky Office Center has been sold by Hines to a private Polish investor. For this deal the seller was represented by Avison Young.
FedEx has opened a logistics centre in Košice. The new facility is FedEx's second-largest in Slovakia, with an area of almost 1,000 sqm. It features 18 loading ramps and four flexible loading bays suitable for both vans and long-haul trucks.
The first shopping and leisure centre in the Podhale region is being developed on the Równia Szaflarska site, one of the most attractive retail locations in southern Poland.
NEPI Rockcastle is to expand the Karolinka shopping centre in Opole by a further 11,000 sqm of new retail space.
Construction of the Takt Lirników residential development in Kraków has reached another major milestone. The project, being developed by Matexi Polska in the Podgórze Duchackie district, has now reached the shell and core stage, allowing work to move on to advanced mechanical and electrical installations, façade…
Alina Necula, Country Manager Romania at Lion’s Head, spoke to Property Forum about the firm's logistics expansion and IFC sustainability partnership. She also detailed ongoing investments at Oregon Park to enhance the tenant experience and support hybrid work.
Warehouses are no longer simply the operational backbone of supply chains. Increasingly, they are where the principles of Industry 5.0 are being put into practice—a concept that combines automation, sustainability and a people-centred approach. For Polish occupiers - says JLL - this is changing the criteria for…
International IT services provider Senetic has leased more than 6,100 sqm of modern warehouse space at Prologis Park Chorzów.
Marvipol has launched sales for suites in its latest hospitality project, Unique Hotel Kołobrzeg. The five-star complex, comprising 227 suites, ranging in size from 25 to 104 sqm.will be built at ul. Sułkowskiego 7 in Kołobrzeg.
Developer Quantum Real has launched its first project in Poland and has begun the construction of the Quantum Gliwice logistics park. North Coast, a distributor of Mediterranean foods, is the first tenant.
GTC has received the occupancy permit for Centerpoint 3, the newest phase of the Centerpoint complex in Budapest's Váci Corridor. The building offers 36,600 sqm of office, retail and service space and is developed to LEED Gold certification standards, with landscaped terraces and an internal garden.
Duda Development's Dyfrakcja Łódzka project in Łódź is entering its final construction phase, with overall progress exceeding 95%. The development at ul. Wodna 3 comprises 214 flats ranging from 25 to 97 sqm, with one to four rooms, along with a two-level car park with bicycle storage and storage units, and eight…
GTC has received an occupancy permit for Centerpoint 3, the latest building within the Centerpoint complex in Budapest’s Váci Corridor.
Taylor Wessing Slovakia has advised Tatra Asset Management, správ. spol., a.s., Fond nájomného bývania o.p.f. — a dedicated alternative investment fund focused on rental housing — on its entry into Slovakia's state-supported rental housing scheme. On 1 July 2026, the Slovak government approved the execution of the…
Polish developer ATAL has launched sales at ATAL Unii Lubelskiej, a new residential project in Poznań's Rataje district. Located on ul. Heleny Tadeuszak, the development will deliver 319 flats ranging from 38 to 105 sqm — from compact two-room units to four-room family flats — with completion planned for Q2 2028.…
tbi bank is providing REDESIGN with €7.85 million in financing over 24 months to complete the first buildings in the second phase of the Stejeriș project in Brașov, located on Calea Poienii, the main road connecting Brașov and Poiana Brașov. The loan, repayable in full at maturity, will support construction of…
The office is increasingly a source of competitive advantage for employers — no longer simply a company address. According to Bartosz Oleksak, Associate Director, Office Agency at AXI IMMO, location, building quality and workplace design now directly affect employee comfort, team performance and a company's…
Panattoni has commenced construction of a 16,500 sqm cross-dock logistics terminal for InPost near Toruń. Developed on a build-to-suit basis, the facility is scheduled for completion by the end of summer 2025.
Liebrecht & wooD Poland has reached a key construction milestone at Drucianka Campus, a mixed-use development on Warsaw's Praga-Północ district, built on the site of a former wire factory. The project will deliver nearly 38,000 sqm of office, retail and service space by 2028, including around 30,000 sqm of offices…
Morizon-Gratka Group has published the first edition of its "Consumer Sentiment Barometer for the Property Market", a quarterly index measuring how consumers feel about the Polish property market. The barometer scored 66 points on a 100-point scale, placing it in positive territory above the neutral threshold of 50…
Roxana Frăţilă, Partner, Head of Real Estate & Construction at CMS Bucharest, talked to Property Forum about the investment growth in secondary cities, the integration of renewables, and the need for robust legal frameworks to support complex urban-regeneration projects.
Investment in commercial real estate in the Czech Republic exceeded €1 billion in Q2 2026, up 121% quarter-on-quarter and 47% year-on-year. For the first half of the year, total volume reached €1.47 billion. According to Knight Frank's analysis, full-year investment could approach €3 billion, keeping the market…
Poland's property investment market recorded €3 billion in total volume across 66 transactions in H1 2026, up 77% year-on-year and matching the highest levels seen in the country over the past decade. Every sector recorded deals exceeding €100 million, with the single largest transaction — €575 million — completed…
Developer GRIDARCH has completed the third phase of construction at Ostrava Airport Multimodal Park (#OAMP) in Mošnov. Three new industrial halls with a total leasable area of 124,000 sqm will serve as BMW Group's overseas logistics distribution centre, with DP World appointed to manage logistics operations. Pilot…
The article examines existing home price changes across 19 of Europe's largest countries through Q1 2026 based on Eurostat transaction-based data, showing divergent regional trends with Portugal, Bulgaria, Slovakia, Hungary, and Spain leading in year-over-year gains of 13.5 to 19.7 percent, while Germany, France, Italy, Sweden, Austria, and Finland remain below previous peaks. Finland experienced the steepest decline at 16.8 percent from its Q2 2022 peak and has returned to 2010 price levels, whereas Hungary posted the largest cumulative gain since 2010 at 308 percent, followed by Portugal at 186 percent and Czechia at 171 percent.
Comprehensive analysis of the Czech hospitality real estate market covering macroeconomic indicators, tourism demand patterns, CEE hotel transactions, and branded chain penetration in Prague and regional luxury wellness resorts.
The Prague office market in Q4 2025 experienced its lowest vacancy rate since early 2020, with only five office projects completed during the year representing historically minimal new supply, while prime rents remained stable quarter-on-quarter despite expectations for growth in 2026. Office development activity concentrated in Inner City, and although take-up declined year-on-year, demand continued to exceed long-term averages.
Cushman & Wakefield's Q3 2025 MarketBeat report on Czech industrial real estate shows total modern industrial stock of 12.9 million sq m, with 130,800 sq m delivered in the quarter and 475,400 sq m completed year-to-date. The market maintained a 4.0% vacancy rate with 608,900 sq m gross take-up in Q3 2025—the highest quarterly volume since 2022—while prime rents remained stable at €7.50/sq m in Prague, though economic growth is slowing amid global trade headwinds and exports are expected to weaken in the second half of 2025.
The Czech Republic industrial market reached 13.5 million square meters of total stock in Q3 2025, with gross take-up of 637,100 square meters representing a 79% year-over-year increase and the highest quarterly volume since 2022. Net take-up surged 120% year-over-year to 468,900 square meters in the quarter, while the national vacancy rate stood at 5.1% and new completions totaled 157,500 square meters, with 84% of newly delivered space pre-leased.
As of June 2025, Prague's modern built-to-rent (BTR) sector comprises 4,598 rental units across 81 schemes, with 80% newly built and the remainder refurbished, dominated by studios (37%) and one-bedroom apartments (41%), while the market remains highly fragmented with 57 schemes containing fewer than 50 units. The report finds that rents for smaller units have remained relatively stable year-over-year, larger units experienced approximately 15% price increases, the active pipeline contains 1,902 units under construction with 3,400 more planned to begin within two years, and Prague's BTR stock of 3,587 units in developments exceeding 40 units lags behind Warsaw's 7,955 units despite comparable city populations.
This is a market report published by Savills on December 31, 2025, covering the industrial sector in the Czech Republic as of the fourth quarter of 2025, with a focus on Prague.
Knight Frank's Q4 2025 comprehensive guide documents Poland's warehouse market, reporting that total warehouse take-up reached 6.6 million square meters in 2025 (the third-highest annual result on record), while investment volumes increased 11% year-on-year to EUR 1.5 billion, with modern warehouse stock exceeding 36.6 million square meters despite new supply declining 35% to 1.7 million square meters. Key findings include a vacancy rate of 7.4%, asking rents ranging from EUR 3.8–7.5 per square meter per month depending on facility type and location, and strong demand driven primarily by 3PL operators and retail chains, with international investors—particularly from the United States (38% of investment volume) and Czech Republic (16%)—demonstrating continued confidence in Poland's logistics market.
Czech commercial real estate investment reached a record €4.36 billion in 2025, representing a 136% year-on-year increase, with mixed-use assets capturing 29% of volume, offices 24%, and industrial 18%, while Czech domestic buyers dominated with 86% of total investment volume. Q4 2025 investment activity accelerated sharply to €1.83 billion across 33 deals, with the Palladium mixed-use transaction representing the largest single-asset deal in Czech market history, and prime office and industrial yields stabilizing at 5.15% while retail yields compressed to 6.00%.
Savills' Q4 2025 Prague office market report documents total stock of 3.94 million square meters with gross take-up of 143,400 square meters (down 24% year-over-year), net take-up of 60,900 square meters (down 35% year-over-year), a vacancy rate of 5.9% (down 134 basis points), and completions of 11,300 square meters (up 240% year-over-year). The document reports that 2025 saw Prague's lowest annual new office supply in market history at 26,600 square meters, that the vacancy rate fell below 6.0% for the first time since Q1 2020, that total occupier activity reached 573,200 square meters (10% below 2024 but 18% above the five-year average), and that net take-up for the full year was 307,100 square meters (3% below 2024
Cushman & Wakefield's Q4 2025 industrial market report for the Czech Republic shows that total modern industrial stock reached 13.3 million sq m, with 813,500 sq m completed year-to-date (a 53% increase versus 2024) and 1.3 million sq m under construction, while leasing activity posted strong results with 642,000 sq m gross take-up and 371,500 sq m net take-up for the quarter. The vacancy rate stood at 4.8% at quarter-end with prime rents stable at €7.50/sq m in Prague, €6.50/sq m in Brno, €5.90/sq m in Pilsen, and €5.60/sq m in Ostrava, as the Czech economy recovered from prolonged stagnation supported by domestic demand with 3.0% GDP growth forecast and unemployment at 2.8%.
Prague's office market ended 2025 with a 5.9% vacancy rate and stable prime rents at €30.00 per square meter per month, supported by record-low new supply of 26,600 square meters delivered during the year while 263,300 square meters remained under construction for 2026-2028 completion. Full-year gross take-up totaled 573,200 square meters, 10% below 2024 levels, though the Czech economy continued to recover driven by domestic demand and rising consumption despite cautious corporate hiring in the office sector.
Czech Republic's retail market delivered 57,300 sq m of new retail space in Q4 2025, bringing modern retail stock to 4.0 million sq m, with prime rents rising across all segments—high street rents increased 6.8% year-over-year to €235 per sq m per month, shopping centre rents rose 12.7% to €160 per sq m, and retail park rents gained 10.3% to €16 per sq m. The economy is expected to maintain solid growth in 2026 before stabilizing toward 2027, supported by strong domestic demand and household consumption, with approximately 119,700 sq m of retail space under construction as of end-2025.