The branded residences segment continues to gain traction across Central and Eastern Europe, as developers increasingly combine hospitality services, premium architecture and lifestyle-driven real estate concepts into hybrid destination projects. In Romania, one of the newest developments following this direction is Jakob Sonne Resort, a premium mountain resort currently under development by Skyline Europe in Poiana Brașov.

European investors continue to lead commercial real estate investment across the continent, accounting for 48% of activity in Q1 2026, according to BNP Paribas Real Estate data. American investors follow with 31%, while Asia Pacific investors represent just 7% and Middle Eastern investors 2%.

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.