The Eastern European construction market is facing a cooling period of "little less optimism", while Southeast Europe shows signs of stabilizing with a "little less pessimism", according to the Eastern European Construction Forecasting Association (EECFA) 2026 Summer Construction Forecast released on 22 June 2026. Despite the shifting sentiment, both regions are projected to sustain the record-high output levels achieved in 2025 through to 2028.

Office markets across the six largest CEE capital cities, Prague, Warsaw, Budapest, Bucharest, Bratislava, and Sofia, have entered a new phase characterized by a severe supply crunch.

The office markets of CEE's six largest capitals records resilient demand for high-quality space in 2026, although new development has slowed, tightening supply, according to Colliers.

Hyprop Investments, South Africa's largest listed specialised shopping centre REIT, has agreed to acquire Galleria Burgas, a shopping centre located on Bulgaria's east coast, for €122.2 million before adjustments.

MAS has concluded binding agreements for the disposal of retail assets in Romania and Bulgaria worth €251.2 million, as part of its strategy to redeploy capital into opportunities with superior long-term returns.

NEPI Rockcastle said its Q1 net rental and related income (NOI) reached €157.7 million, up 3.4% versus Q1 2025. Property NOI increased 3.2% to €155.4 million, while net revenue from energy activities rose to €2.3 million, reflecting the scaling of the group's renewable energy platform.

CEE real estate investment rebounded strongly in 2025, with volumes reaching €11.6 billion across six core markets, representing a 31% year-on-year increase according to Colliers. 

Office markets across SEE entered 2026 with strong fundamentals, supported by low vacancy rates in most capitals, limited availability of prime space and strong occupier demand for quality, sustainable offices, according to CBRE research.

Industrial developer CTP has signed a long-term lease agreement with Metro for a 25,000 sqm warehouse facility at CTPark Sofia West.

The CEE-based markets recorded total transactions of approximately €11.8 billion in 2025, a 34% year-on-year increase and the strongest annual performance since 2019, according to a Cushman & Wakefield report.