CHS – Immobilien has sold the Orifarm Hostivice logistics and office complex on the western outskirts of Prague to a private investor for an undisclosed sum.

Colliers has released its 2025 Global Sustainability Report, showing progress against its sustainability commitments including reduced emissions intensity, enhanced workplace experience, strengthened governance and ethics, and responsible adoption of artificial intelligence.

The Czech commercial real estate market demonstrated calm and stability in the first quarter of 2026, with total investment volume reaching €431.5 million, according to Colliers. The share of individual asset classes was relatively balanced, and yields on premium properties remained unchanged.

The Czech industrial and logistics real estate market closed Q1 2026 with strong results, completing approximately 307,000 sqm of new space - the second-highest volume of new construction in a single quarter in history. The market added its largest industrial building in modern domestic history, with construction activity remaining high, vacancy rates at a healthy 4.7%, and stable rents.

The Prague office market is showing signs of recovery as the developers launched three new office projects in Q1, and the volume of space under construction rose by 81% year-on-year. Pre-leasing is gradually returning, and there is a growing willingness to build speculatively without pre-secured tenants.

Romanian construction activity increased by over 6% in the first two months of 2026, following a record 2025, and remained the country's only major economic sector showing growth in April, according to Colliers analysis based on Eurostat data.

The European defence sector is undergoing a significant transformation, becoming increasingly diversified, innovation-oriented, and technologically advanced. Supported by defence investments totalling up to €800 billion, this development is directly influencing the geographic distribution of industrial activities and altering the structure of real estate demand across the region, finds a Colliers study.

Leasing transactions for modern office space in Bucharest increased by 14% in Q1 2026 compared to the same period last year, while new demand rose by 24%. However, the market remains below pre-pandemic levels, according to Colliers data.

Administrative costs for modern office buildings in Romania are set to rise by approximately 10% in 2026 compared to last year, according to Colliers. The increases stem from higher property taxes, inflation and rising wages, with utility costs excluded as these are typically billed separately.

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.