The residential construction in the Czech Republic has been facing a confusing permitting system, lengthy processes and frequent obstructions. The Czech Republic has long been one of the countries with the most complicated construction procedures in Europe, ranking, according to World Bank data (2020), 157th out of 190 countries monitored, reports the real estate office Philip & Frank.

A recent panel discussion financing new investments in Romania, organised at our Bucharest Business Forum 2025 event, provided a nuanced and comprehensive overview of the country's economic landscape, bringing together key experts from international financial institutions and the real estate sector to explore the current market dynamics, challenges, and emerging opportunities.

NEMO Fund has acquired the Panorama Business Center office building, which is located next to the National Museum in Prague.

Vastint Romania has officially launched the second phase of Timpuri Noi Square, its flagship urban regeneration project in Bucharest.

Bucharest's industrial and logistics market has experienced significant growth, with its modern leasable space nearly quadrupling over the past decade to exceed 3.6 million sqm, according to a Colliers analysis.

The Romanian retail market experienced a substantial surge in April and May 2025, with approximately 150,000 sqm of new retail schemes delivered, including the super-regional Mall Moldova in Iași. 

Industrial developer HelloParks has announced that all of its warehouse buildings in Hungary comply with the stringent requirements of the EU Taxonomy, making it the sole recipient of this recognition in the country to date.

The Hungarian construction sector experienced a significant slowdown in Q1 2025, with the value of new construction starts dropping sharply compared to the previous quarter and the same period last year. This weak start comes despite a surge in activity at the close of 2024, driven by major project launches.

The first quarter of 2025 has been marked by extraordinary activity on the Czech commercial real estate market. According to Colliers, total investment volume reached €1.48 billion, already surpassing the full-year 2023 results of €1.15 billion. Several large transactions with a value above €100 million contributed to this record.

YIT has completed the base building construction of the tenth phase of Tampere, which is being built in the Suomi Hloubětín complex in Prague 9. The apartment building is offering 68 units and 5 commercial spaces.