The Prague office market recorded a vacancy rate of 5.65% at the end of Q3 2026, down 11 basis points quarter-on-quarter and 74 basis points year-on-year, according to data published by Prague Research Forum (PRF). Total modern office stock stood at approximately 3.95 million sqm, with no new completions during the quarter. Approximately 222,900 sqm of vacant space was recorded across the city, with the highest vacancy in Prague 10 (12.0%) and Prague 3 (11.1%), and the lowest in Prague 2 (1.2%) and Prague 1 (3.6%).

Artificial intelligence companies are emerging as a distinct category of office tenant in Europe, concentrating primarily in London, Paris and Berlin, while Warsaw and Prague develop as secondary ecosystems, according to a new analysis by Colliers. The report finds that AI firms grow faster than most traditional occupiers, outgrow their premises quickly and prioritise proximity to universities, research institutions and skilled talent over rent levels.

Romania's industrial and logistics market has slowed in 2026 following a record 2025. In the first nine months, publicly reported leasing transactions reached approximately 450,000 sqm, around 30% below the level recorded in the same period last year, according to Colliers data. Bucharest-Ilfov accounts for nearly 60% of the total volume, though infrastructure development is beginning to reshape the demand map across the country. Transaction volumes remain close to the ten-year average for the first three quarters and are more than 40% above the 2017–2019 average.

Around 20 million sqm of modern retail space across the CEE-6 and Baltic markets is more than 15 years old, driving a new wave of refurbishment, repositioning and selective redevelopment, according to Colliers' ExCEEding Borders Retail 2026 report. Total modern retail stock across the analysed markets stands at approximately 33.3 million sqm, of which more than 10.6 million sqm is already over 20 years old. The ageing profile reflects the development boom of the late 1990s and early 2000s. Budapest has the highest share of stock over 15 years old at 84%, followed by Riga at 76% and Warsaw at 70%, with Tallinn, Bratislava, Prague and Vilnius all exceeding 60%.

The appearance of industrial parks in the Czech Republic is changing, with developers investing not only in technical specifications but also in architecture, green spaces and employee amenities, according to an analysis by Colliers. Facades are increasingly adorned with greenery, artworks or motifs referencing local history. For example, the main facade of a distribution centre at Panattoni Park Cheb features a motif of houses from the city's historic centre, with a facade measuring nearly 700 metres in length and 15 metres in height. Brownfield sites are also being adapted, with some preserving original industrial elements such as exposed brickwork or steel beams.

With occupier demand increasingly focused on prime, well-located buildings, Warsaw’s office market is becoming more selective. Around Rondo Daszyńskiego, one of the city’s most established business locations, this trend is particularly visible. The FORM is among the office assets benefiting from this shift: since opening in early 2025, it has become fully leased, attracted a diversified mix of public- and private-sector occupiers and demonstrated substantial day-to-day use. Its performance to date, combined with the continued evolution of the surrounding district, reinforces its position as a trophy office asset.

Artificial intelligence is rapidly becoming a structural factor in corporate operations rather than an emerging technology, according to a market report published by Colliers Hungary. The analysis, authored by Kristóf Tóth, Associate Director and Head of Research at Colliers, examines the economic impact of AI on Hungary and the wider region.

Karel Stránský, an experienced figure in the Czech industrial real estate market, has rejoined the industrial team at Colliers Czech Republic as a strategic consultant. He first joined Colliers in 1996 and was instrumental in establishing the company's industrial real estate division in the country. By 2009, he had led transactions covering over three million sqm of industrial space and land, representing tenants, investors and developers.

Romania's residential market slowed in the first half of 2026 following several years of strong growth, though data does not indicate a major correction, according to Colliers' half-year report. Nationwide, apartment sales declined by approximately 9%, while Bucharest ended the period with around 2% fewer transactions than in the same period of 2025, recovering much of the ground lost after a weak start to the year. The market remains above pre-pandemic levels, but high inflation, expensive borrowing and pressure on household budgets are making buyers more attentive to prices, the total cost of home ownership and development quality.

Romania's construction market grew by approximately 12% in the first five months of 2026 compared with the same period last year, according to a Colliers report on the real estate market in the first half of 2026. The residential segment recorded the strongest growth at approximately 16%, followed by infrastructure projects, including roads, railways and hospitals, which rose by around 14% and account for more than half of total sector activity. The non-residential segment grew more slowly, at approximately 6%, as financing remains expensive and private investors are more cautious. The report notes that these figures measure the actual volume of construction works rather than the financial value of investments.