In the first quarter of 2025, Warsaw’s modern office stock reached 6.28 million square metres. Only one new project was delivered during this period - the CD Projekt HQ in the East office zone, contributing 5,600 sqm of new supply. The total office space under construction or renovation amounted to approximately 210,000 sqm. Gross demand reached 160,500 sqm, while the vacancy rate slightly decreased to 10.5 per cent quarter over quarter, say experts from Avison Young.

Budapest’s office market recorded a slight decrease in total demand during Q1 2025, while net take-up of space rose by almost a quarter, with vacancy rate in stable territory, according to data from the Budapest Research Forum (BRF).

ČEZ has chosen the Smíchov City project of Sekyra Group for its new headquarters. The developer has already started the construction. 

Colliers has announced that its property management division is set to manage the Victoria Center office building in Bucharest, which has recently been purchased by Solida Capital Europe.

The flex office provider New Work is set to open a new location in the Metron office building in Warsaw. The eighth floor of the building will be operated by New Work under a management agreement in a partnership model with the property co-owners, Alides and Aya Properties Fund. The negotiation process was supported by Axi Immo.

The coworking market in Romania has over 100 projects in operation across Bucharest and regional cities, and the demand for flexible spaces is expected to grow over the continuation of the hybrid work arrangements.

Workspace provider HB Reavis has announced the extension of a €160 million investment loan for the next 5 years.

Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers. 

IWG, the provider of hybrid work spaces, aims to reach 25 centres in Hungary by the end of this year.

CFIG has opened CFIG WorkSpace, a coworking space in the heart of Pardubice for startups, students and small businesses. It is designed to provide support, share ideas and get advice from other entrepreneurs and professionals.