Vacancy rate in the Prague office market decrease in Q4 2024 has been the largest since 2018, reports Prague Research Forum in its Office Market Figures for Q4 2024 and 2024. The report has also revealed the record annual take-up and the overall situation of the market. 

The ongoing war has significantly transformed various aspects of life in Ukraine, with the real estate market being no exception. Despite the challenges posed by active hostilities, economic instability, and demographic shifts, the resilience and adaptability of Ukrainian businesses are noteworthy. This overview, based on a survey conducted by the Ukraine Real Estate Club among members of the business community, outlines the primary issues, trends, and prospects within the real estate sector during wartime.

According to the latest report by Avison Young, after a challenging period of investment slowdown in 2023, the 2024 results signal a return to stability and a hint of optimism. Poland’s total transaction volume in 2024 more than doubled compared to 2023, reflecting a significant resurgence in market activity.

Investments in the retail sector will continue in 2025 on the local market, while housing prices could increase in the coming period, according to Colliers Romania forecasting. 

Even though the volume of commercial real estate delivered to the market in 2024 was below average, the Czech market did not freeze and maintained its activity. This was mainly thanks to the Czech capital, according to Colliers' experts, and this trend will continue in 2025.

Bratislava's residential market has recorded the strongest quarter since the pandemic period. Sales in Bratislava have grown for the fifth quarter in a row, according to the report prepared by BuiltMind in collaboration with Cushman & Wakefield.

According to Savills Investment Research, the commercial property market in the Czech Republic is expected to start strongly in 2025, with investment volumes projected to reach approximately €900 million in the first two months alone. 

For the entire year 2024, banks and building co-operative banks in the Czech Republic have provided new mortgage loans worth CZK 228 billion (€9 billion), which represents a year-on-year increase of 83%, reports ČBA (Czech Bank Association) in its latest Hypomonitor from December 2024, which captures data from all domestic banks and building co-operative banks providing mortgage loans.

The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania. 

iO Partners has announced its expansion into Austria through a partnership with Optin, a real estate consultancy specialising in commercial, residential and investments.