Office markets across the six largest CEE capital cities, Prague, Warsaw, Budapest, Bucharest, Bratislava, and Sofia, have entered a new phase characterized by a severe supply crunch.

The workplace is being redefined by far more than hybrid working. As businesses adapt to AI, changing employee expectations and growing ESG ambitions, the office is evolving into a strategic tool for attracting talent, strengthening culture and improving performance. These themes were at the centre of the workplace panel at Bucharest Business Forum 2026, where experts agreed that successful workplaces are no longer measured by efficiency alone, but by the experience they create for employees.

Panattoni BTS has completed construction of a BTO factory for Danfoss in Tuchom. The facility, with a floor area of around 22,500 sqm, will start production of heat exchangers.

BNP Paribas Real Estate Poland has appointed Małgorzata Fibakiewicz as CEO.

For decades, investment activity in Central and Eastern Europe has been concentrated around a handful of established markets and capital cities. Yet some of the most significant economic shifts taking place today are happening further east, along a corridor connecting Romania, Moldova and Ukraine.

The qualified investors' fund Luxent Fund SICAV, with its real estate subfund, has purchased two apartment buildings in Prague 2 – Nové Město. The fund recently also acquired an apartment unit in Prague 4 – Hodkovičky and is in talks over further opportunities, including in Prague 1 and 5, Praha-východ, Kolín and Hradec Králové.

Pan-European real estate developer VGP is strengthening its Romanian footprint by securing two lease transactions with Ursus Breweries and ePiesa.

StudentSpace, a student housing platform developed by Signal, Griffin Capital Partners and Echo Investment, has begun construction of its second Warsaw project. The six-storey development will be located in the southern part of Mokotów. Scheduled to open in Q3 2027, it will add nearly 600 beds to Warsaw's PBSA market.

Industrial developer CTP has agreed a seven-year extension of its partnership with Autonet, a Romanian importer and distributor of automotive parts and accessories. The company has renewed the lease for the entire 26,000 sqm facility it occupies at CTPark Bucharest South, continuing a collaboration that began in 2021.

Electronics outlet operator IPrice-RECARE has leased nearly 29,000 sqm at VGP Park Vyškov, where it will consolidate its logistics and administrative capacity.