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.

Commercial real estate investment in CEE is on track for another record year, with Prague maintaining its position as the region's safest market, according to Colliers.

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. 

CPI Europe has completed the sale of a historic building at Na Příkopě 14 in Prague in a deal worth more than €100 million. The property has been owned by CPI Europe since 2006 and ranks among the most significant mixed-use office and retail properties in the historic centre of Prague with approximately 17,200 sqm of leasable space.

Prague’s office market saw a significant injection of activity in Q1 2026, with the commencement of three major projects pushing the total volume of space under construction to nearly 313,000 sqm. According to the Prague Research Forum, this shift marks a notable transition in developer sentiment, moving away from a strictly pre-let model toward speculative development.

The average total office fit-out costs in Bucharest increased slightly in 2025 to around €1,000 per sqm, according to data from Cushman & Wakefield Echinox. However, Bucharest remains one of the most affordable markets in CEE, with fit-out costs 18% and 15% lower than in Warsaw and Prague, respectively.

Pricing adjustments and a more flexible approach from investors are beginning to unlock activity in the real estate investment market. In a video interview recorded at Bratislava Property Forum 2026, Rudolf Nemec MRICS, Partner & Head of Capital Markets at Cushman & Wakefield Slovakia, shared his expectations for the months ahead.

Open-ended fund Reico Long Lease has purchased The Mill office building in Bratislava from developer Immocap, in one of the biggest property deals closed on the Slovak market in the year to date.

MLP Group has acquired a development plot in Vienna's 11th district to build its second urban logistics project in the Austrian capital. The 5,879 sqm site is located approximately 700 metres from Wien Hauptbahnhof, the city's main railway station.

Colliers has appointed Martin Varačka as the new leader of Colliers Slovakia, effective immediately.