Four and a half years into the full-scale invasion, Ukraine has developed a real estate category no market study anticipated: the civilian shelter as a designed, engineered and increasingly branded space. What began as bare concrete basements is evolving into a distinct segment shaping how schools, universities and residential communities plan, budget and build. The URE Club (Ukrainian Real Estate Club) has summarised the situation in an article for Property Forum.

Prague's build-to-rent (BTR) market remains stable in the first half of 2026 while preparing for further expansion, according to BTR Group's Living Sector Market Report H1 2026. There are currently 3,400 BTR units in operation across 23 projects, with the total tracked market, including projects under construction and in preparation, reaching approximately 15,000 units. More than 1,000 new BTR units are expected to enter the Prague market in each of 2027 and 2028.

GTC reported a 5% rise in revenues from rental activities to €106 million in the first half of 2026, up from €101 million in H1 2025. Gross margin from rental activities grew 10% to €73 million, while adjusted EBITDA rose 11% to €63 million. FFO I reached €17 million, with FFO per share at €0.03. Occupancy across the commercial portfolio held steady at 87%, and the group leased nearly 69,400 sqm of commercial space, comprising 40,700 sqm of office and approximately 28,700 sqm of retail space. The group posted a net loss after tax of €18 million, driven by a higher revaluation loss of €22 million, increased net finance costs of €45 million and a rise in tax expenses to €10 million.

CA Immo recorded gross rental income of €104.8 million in the first half of 2026, down 16% year-on-year, reflecting a 16% reduction in leasable area following a high volume of property sales over the past 12 months. Net rental income fell 14% to €90.5 million, while EBITDA declined 15% to €76.3 million. Recurring earnings (FFO I) came in at €55.6 million, 12% below the prior-year figure of €62.9 million. The consolidated net result was €-1.4 million, compared with €31.3 million in H1 2025, with a market-driven revaluation loss of €53.7 million the primary drag. On the positive side, indirect expenses fell 11% to €18.5 million and financing costs dropped 26%, partly reflecting the repayment of a €350 million bond in October 2025 and a €150 million bond in March 2026. Looking ahead, CA Immo plans to continue to dispose of non-core assets in Austria and CEE

Romania's new Territorial Planning, Urbanism and Construction Code (CATUC) introduces principles that bring the country's regulatory framework closer to established European practices, according to Dan Craciunescu, founder of West Group, a company active in real estate development and construction in both Romania and Germany.

GTC leased more than 69,000 sqm of space across its portfolio in the first half of 2026, comprising nearly 40,700 sqm of office space and nearly 28,700 sqm of retail and service space. The result surpassed the approximately 55,000 sqm leased in the same period of 2025.

Poland's industrial and logistics market recorded a significant increase in leasing activity in the first half of 2026, according to a new report by AXI IMMO. Gross take-up rose by 21% year-on-year, while net take-up climbed by 58% year-on-year to exceed 2.1 million sqm. Total modern stock reached 38.01 million sqm at the end of June, with developers delivering 1.23 million sqm of new space during the period. Space under construction fell to 1.30 million sqm, down 11% year-on-year and the lowest level in more than nine years, with speculative projects accounting for 38.6% of the pipeline.

Bucharest has placed 21st in the Savills Power and Place Index Top 30, a global ranking that assesses cities with the strongest potential for future data centre development. The index evaluates locations based on criteria including energy availability, telecommunications infrastructure, access to resources and project delivery capability.

MLP Group recorded revenue of PLN 255.0 million (€60.0 million) in the first half of 2026, up 23% year on year, with rental income rising 34% to PLN 149.3 million (€35.1 million). EBITDA before revaluation grew 19% to PLN 126.0 million (€29.6 million), while net profit nearly doubled to PLN 156.4 million (€36.8 million). During the period, the group delivered 219,600 sqm of new space, bringing its total gross leasable area to 1.7 million sqm. Lease agreements covering approximately 97,700 sqm were signed in the first six months, generating €6.6 million in new annualised rent, and the vacancy rate remained below 5%.

Romania's new Territorial Planning, Urbanism and Construction Code (CATUC) is set to reshape the real estate market through two key provisions: the cap on urban planning coefficients and the uncertainty surrounding the territorial infrastructure contribution, according to Crosspoint Real Estate.