Record demand and a decade-low level of new construction have fundamentally shifted the balance of power in Warsaw's office market. In the second quarter of 2026, leasing volume exceeded 280,000 sqm, one of the strongest quarterly results on record, while net take-up surpassed 134,000 sqm. The previous quarter had already set an all-time high, with 310,000 sqm of lease agreements signed between October and December 2025. Against this backdrop, just over 140,000 sqm of office space is currently under construction in Warsaw, the lowest pipeline in more than a decade, and Walter Herz estimates that fewer than 30,000 sqm of new space will be delivered by the end of 2026.

Danish audio and communications manufacturer GN Group is to become a tenant at Panattoni Business Park Kladno, an industrial zone developed on a brownfield site formerly occupied by the Poldi Kladno steelworks. GN will occupy more than 30,000 sqm in total, of which approximately 28,000 sqm will be operational space and 2,000 sqm will serve as office accommodation. The build-to-suit project is being developed by Panattoni and financed by investment group RSJ, with completion scheduled for the second quarter of 2027.

More than 100,000 sqm of office space was leased in Bucharest in the first half of 2026, slightly below the level recorded in the same period of 2025, according to a mid-year market update from Colliers. Asking rents for existing office space in the Central Business District and other central areas rose by nearly 12% year-on-year to €18 per sqm per month, up from €16. Across the market as a whole, average rents increased by around 3%, while new projects under development are quoting rents 10–15% above levels typically seen in their respective submarkets.

NEPI Rockcastle has acquired MegaPark Barakaldo, a shopping and leisure complex in Bilbao, Spain, from Le Retail Hiper Ondara S.L.U., part of HLRE Socimi, for a cash consideration of €252 million net (gross purchase consideration of €254 million). The deal marks the company's first investment outside Central and Eastern Europe (CEE), where it operates shopping centres across eight countries.

Developer JTRE has announced that Tatra banka Group will relocate its headquarters to Pribinova 1, an eight-storey office building under development in the Eurovea City district of Bratislava. The building will offer more than 20,000 sqm of leasable office space and nearly 2,000 sqm of retail space, and is designed to serve as a connection point between Bratislava's historic centre and the Danube waterfront.

UBM Development Czechia has relocated to new offices on Moulíkova Street in Prague 5, near Smíchov railway station, where the company is currently building the Rezidence Na Plzeňce residential project. The move, which took effect on 1 August, marks a return to the district where UBM first established its Czech operations more than 25 years ago.

Czech buyers are increasingly purchasing villas and apartments along the Croatian Adriatic coast, with interest in the high-end segment growing notably in recent years, according to Prague-based agency Luxent - Exclusive Properties. The country's accession to the Schengen area and adoption of the euro have simplified both travel and property ownership, broadening its appeal beyond a seasonal holiday destination.

Redkom Development is preparing to begin construction of a retail park in Kalisz, on Aleja Wojska Polskiego. The project involves a comprehensive redevelopment of the former Tesco hypermarket site, a well-known shopping destination in this part of the city.

Temperature measurements taken during the summer of 2024 and 2026 have demonstrated how vegetation affects surface temperatures in Bratislava during extreme heat events. At the Guthaus residential complex, the green roof recorded an average surface temperature of 49°C at 14:00 when air temperature was 33°C, but areas with growing vegetation on the substrate reached only 39°C. During an August heatwave with air temperatures of 40°C, the same vegetation reached 47°C. "It is still 10 degrees less than an asphalt or paved pavement in the centre of Bratislava," said Miriam Cánik, green space expert at developer CORWIN.

Bucharest's office market recorded net take-up of 73% of total leasing activity in the first half of 2026, up from 53% in the same period of 2025, according to the Cushman & Wakefield Echinox Marketbeat Office Q2 2026 report. Total take-up reached 109,500 sqm in H1, of which 60,400 sqm were transacted in Q2 alone, although overall leasing volume remained approximately 10% below H1 2025 levels. The vacancy rate fell to 11.6% in Q2, its lowest point since Q3 2020, driven primarily by stronger demand from IT&C sector occupiers.