In the Warsaw office market, tenants remain active and continue to seek offices in central locations despite the decreasing volume of newly delivered space. According to the BNP Real Estate Poland latest report, the current situation is influenced by the low supply of completed projects at the beginning of this year and planned investments in the coming years. Additionally, the decline in the vacancy rate translates into limited availability of space for tenants.

Timișoara has emerged as the leading regional office market in Romania in Q1 2025, with companies leasing 63% of all office spaces transacted outside Bucharest, according to a report by Fortim Trusted Advisors. 

Mint Investments has announced the extension of its lease with McKinsey & Company at Main Point Pankrác in Prague.

The Eset Campus project in Bratislava is moving forward after years of preparation. It has received a binding opinion from the municipality, reports SME.sk.

Corvin Innovation Campus, the office complex developed by Futureal Group, has been awarded the highly coveted WELL Core Platinum certification.

Over the past five years, public institutions have leased more than 400,000 sqm of office space in Poland’s key markets, primarily in Warsaw. However, due to their specific nature, state institutions are not typical tenants. As a result, finding the right space and negotiating lease terms can sometimes be a time-consuming and complicated process, according to Marcin Kowal, Associate Director, Office Department, Newmark Polska.

According to a report published by Newmark Polska, during the first quarter of 2025, Poland’s regional city office markets (Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin, Szczecin) saw stable occupier demand, with lease regearing prevailing amid growing expansion activity. Office availability remained at a significant level. Limited construction activity concentrated in three cities – Kraków, Poznań and Wrocław – which accounted for 68% of the total development pipeline.

Karimpol International is building Vydrovka Office Center in Pobřežní Street in Karlín in Prague 8, with the project name referring to the first half of the 20th century, when a retail company Vydra & Bohuslav used to have its factory and a warehouse on the site.

Terra Romania Utilaje de Construcții, part of Austrian construction equipment distributor Terra Holding, has opened its new HQ in Brașov, following an investment of  €2.7 million.

NEMO Fund has acquired the Panorama Business Center office building, which is located next to the National Museum in Prague.