European property deals still take over a year to complete

18
Feb
2026
News - European property deals still take over a year to complete #Alexandre Grellier #CEE #DACH #Drooms #Europe #Germany #Investment #Logistics #Residential #Transactions

by Property Forum | Report

Due diligence platform Drooms has released its Real Estate Trends Report 2026, showing that European transaction times remained stable at 363 days in 2025, compared to previous years of continuous increases.


However, 53% of survey respondents reported longer transaction times over the past 12 months, with 16% seeing increases of more than 20%. Additionally, 24% observed a decline in deal probability after due diligence completion.

Transaction durations vary significantly by country. The UK recorded the longest times at 577 days, up from 499 days in 2024. Germany saw a slight improvement to 398 days from 405 days, while France increased to 336 days from 329 days, and Spain rose to 244 days from 206 days.

"Transaction times in Europe have been racing from record high to record high for years. Now, for the first time, we are seeing stagnation. This could be an indicator of an improving transaction environment," said Alexandre Grellier, Co-Founder and CEO of Drooms. "However, it should also be noted that despite the slight recovery, deal certainty is declining and transaction times remain high."

Investment preferences show 36% of respondents planning to invest up to €20 million in 2026, while residential properties (43%) and logistics (15%) remain the most popular asset classes. The DACH region (37%) and CEE (34%) continue attracting strong investor interest, though 47% cite different regulatory environments as the main cross-border investment challenge.




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New leases

  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
  • DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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