Danube House, a 2003-built office building in Prague's Karlín district and part of the five-building Riverside Karlín campus on Rohanské nábřeží, is undergoing a major refurbishment running from 2024 to 2026. Owner CA Immo is upgrading both the technical systems and the office and communal spaces, with the completed building targeting energy class B and LEED Platinum certification.

Skanska Commercial Development Europe has completed the installation of 53 boreholes, each approximately 250 metres deep, beneath the foundation slab of its Nowy Rynek C office building in Poznań. The network will serve ground-source heat pumps as part of a system designed to allow the building to operate independently of the district heating network.

The number of people in the Czech Republic with a net worth of at least $30 million has grown from 1,356 in 2021 to an estimated 2,270 in 2026, according to Knight Frank's Wealth Report. The findings reflect a broader global trend: worldwide, more than 713,000 people now fall into this wealth category, and private capital has become the largest source of commercial real estate investment for the fourth consecutive year.

Flexible office space in Bucharest has reached approximately 73,500 sqm, more than six and a half times the 11,100 sqm recorded in 2015, according to the Bucharest Flex Office Overview 2026 report by Cushman & Wakefield Echinox. At least 46 centres operated by 24 companies are now active across the city, with flexible space accounting for around 2.1% of Bucharest's total office stock.

The western extension of Warsaw's metro Line M2, serving the new Lazurowa, Chrzanów and Karolin stations, is undergoing testing and is expected to open shortly. Analysis by property consultancy Walter Herz shows that more than half of Warsaw's office buildings already sit within 1.2 km of a metro station, and those buildings account for 61% of the city's total office stock. Office rents in buildings within that walking catchment area run €3 to €6 per sqm per month above those of comparable buildings outside it, with the premium reaching its peak for Class A properties.

Property Forum is excited to announce the winners of its annual SEE Property Forum Awards in 2026. The winners were selected from our shortlist by the jury committee, comprising the leading players in Romanian real estate. The awards, celebrating the best projects, most impactful transactions and most inspiring personalities of the Romanian market, were presented at our awards gala in Bucharest, part of the annual SEE Property Forum.

The Prague office market recorded a vacancy rate of 5.65% at the end of Q3 2026, down 11 basis points quarter-on-quarter and 74 basis points year-on-year, according to data published by Prague Research Forum (PRF). Total modern office stock stood at approximately 3.95 million sqm, with no new completions during the quarter. Approximately 222,900 sqm of vacant space was recorded across the city, with the highest vacancy in Prague 10 (12.0%) and Prague 3 (11.1%), and the lowest in Prague 2 (1.2%) and Prague 1 (3.6%).

CBRE has appointed Dana Bordei as Head of Industrial and Logistics for Romania and Head of Industrial and Logistics Strategic Client Development for CEE South. Bordei brings experience spanning both consultancy and real estate development, and will lead CBRE's industrial and logistics operations in Romania while overseeing client development across Central and Eastern Europe South.

Slovak developer Lucron has launched sales for Na námestí II, the next phase of its Arboria residential district in Trnava. The phase will deliver 81 apartments across three six-storey buildings, with construction scheduled to begin in summer 2027 and completion targeted for summer 2029. The offer will include two-, three- and four-room layouts, with some units featuring terraces or ground-floor gardens.

The number of new apartments available in Bratislava reached its highest level in almost ten years at the end of the third quarter of 2026, according to analysts at BENCONT INVESTMENTS. Supply rose by 632 units over the three-month period to 4,863 apartments across 113 projects, a 15% increase on the previous quarter and 22.5% higher year-on-year. The average asking price held almost flat at €5,361 per sqm including VAT, up just 0.4% year-on-year, representing a real-terms decline given current inflation.