European air travel reached record levels in 2025, with airports handling 2.6 billion passengers, a 4% increase year-on-year, according to a new Colliers report.

Prague ranks among European cities with the highest projected growth in flexible office space, driven by a shortage of new office buildings and growing corporate demand for services.

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

Office construction in Czech regions is slowing down as developers increasingly focus on residential projects due to poor profitability without pre-leases or prime locations, according to a report by Colliers.

Romania's office investment market recorded its strongest first quarter in a decade, with transactions totalling approximately €130 million, according to Colliers data. This represents more than triple the average for January-March periods over the past 10 years and signals renewed investor interest despite economic and geopolitical uncertainties.

Nearly half of companies in Romania expect employees to come to the office three to four days a week in 2026, as hybrid working becomes more structured, according to a survey conducted by Colliers among 101 companies.

Echo Investment has signed a final agreement for the sale of the Brain Park A office building, spanning 14,000 sqm, in Kraków to the SCPI Transitions Europe fund, managed by Arkéa Real Estate Investment Management. 

Romania's green certification market remained active in 2025, with over 4.6 million sqm of real estate space receiving sustainability credentials despite European changes to reporting obligations.

New housing deliveries and transaction numbers fell by approximately 5% in 2025 compared to the previous year, according to Colliers' annual report. While deliveries dropped to their lowest level since 2017, sales volumes remained around 20% above the pre-pandemic average.

Prague's office market is experiencing a supply shortage that will continue through 2026, with vacancy rates dropping to just 5.9% - the lowest since early 2020, according to a report by Colliers. Despite strong demand, limited new construction is creating tension in the market.