As the Polish residential market moves from volatility toward a more balanced phase, developers are recalibrating supply, financing strategies and product positioning. In this interview, Carlos de León, General Manager at Acciona Nieruchomości, explains why 2026 could mark a period of mature stabilisation rather than rapid growth, which segments and locations are set to outperform, and how sustainability, financing discipline and regulatory reform will shape the next phase of residential development in Poland.

New housing deliveries and transaction numbers fell by approximately 5% in 2025 compared to the previous year, according to Colliers' annual report. While deliveries dropped to their lowest level since 2017, sales volumes remained around 20% above the pre-pandemic average.

Belgian developer Atenor has sold its @Expo office building in Bucharest to a private real estate investment firm. The 57,666 sqm office building was delivered in 2023 and is currently 29% leased.

Slovakia's property investment market experienced significant recovery in 2025, with investment volumes reaching €978 million across 29 transactions, representing an 82% year-on-year increase and the second-best year in history, according to a CBRE report.

The latest EBI Construction Activity Report found that although the expansion of M1 motorway caused a surge in the value of started construction projects in Q3 2025, the last three months of the year brought very low activity-start. Even at current price, such a low number of construction projects did not start in a quarter in the past nine years.

Gránit Asset Management has completed the acquisition of the Park Center retail portfolio from Revetas Capital, creating one of Hungary's largest centrally managed retail park networks under the Zone Retail Park brand.

Office markets outside Warsaw achieved record gross leasing volume of 773,000 sqm in 2025, despite developers delivering the lowest new supply in two decades. The dominance of lease renewals signals tenants' preference to stay in current locations rather than relocate.

The flexible workspace sector in Prague has recorded its strongest five-year period in history, according to a report by Savills. As of December 2025, total flexible workspace stock reached 130,500 sqm, representing a 60% increase compared to 2019.

Concordia Partners has secured €14.5 million financing from Garanti BBVA to complete The Concord residential project in Bucharest. The development, located in norhern Bucharest, is being developed in partnership with lawyer Gheorghe Mușat.

This week’s news was dominated by annual financial results and industrial investment activity, alongside signals of tightening conditions in key office markets. Here are the most relevant stories shaping the regional market.