This week’s Property Forum news brings a mix of big-ticket developments and longer-term shifts shaping the market. From logistics expansion and new office projects to the growing role of data centres, the stories reflect a region that remains active while gradually adjusting to new demand patterns.

The European data centre sector is entering a period of unprecedented expansion, with operators expecting to commission an average of 67MW of capacity in 2026. 

Amazon has announced the construction of a modern, 200,000 sqm robotic fulfilment centre (FC) in Dobromierz as the centerpiece of a €5 billion investment in Poland between 2026 and 2028.

Industrial developer CTP has leased 29,000 sqm of industrial space plus 41,000 sqm of outdoor storage to Windar Renovables at CTPark Legnica in southwest Poland. The Spanish renewable energy company will build its second wind turbine tower manufacturing facility in the country.

Commercial property investment in CEE rebounded strongly in 2025, with a combined volume of €11.3 billion across Czech Republic, Poland, Hungary, Romania and Slovakia. This represents a 34% year-on-year increase and stands 24% above the five-year average, according to data by Knight Frank.

BTR Group, which provides services for the Build to Rent segment, has begun its first collaboration with investment company Reico investiční společnost Erste Asset Management. For the Prague-based Kaskády Barrandov project, BTR Group will handle project management, property preparation, marketing, leasing and subsequent management of two residential buildings with 207 rental units.

Hotels are attracting growing interest from investors across CEE as strong operating performance and rising travel demand improve the sector’s fundamentals. At the same time, liquidity in prime markets and the emergence of new buyer groups are reshaping how hospitality fits within broader real estate portfolios. In an interview with Property Forum, Jakub Stanislav, Head of Investment Properties and Head of CEE Hotels at CBRE Czech Republic, discusses the outlook for hotel investment in 2026, the role of local capital in major transactions and which markets are likely to attract the most attention from investors.

Czech investment company ZDR Investments has completed two acquisitions on the Austrian market for its qualified investor fund Zdr Fki. The company acquired the PRO shopping centre in Linz's Urfahr district and Amstetten West retail park in the Mostviertel region for a combined value of €50 million.

Shopper Park Plus' successful capital raise covering approximately 50% of the transaction value has enabled the acquisition of a strategic portfolio of eight Auchan hypermarket anchored assets across Poland, with the remaining amount financed through a loan facility signed with Aareal Bank AG last week, marking a significant milestone in the company’s continued expansion within food-anchored retail real estate. The favourable financing terms further enhance the portfolio’s strong cash-flow generating capacity and support SPP’s intention of increasing dividend per share in the future.

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