ARTICLES LABELLED WITH TAG Colliers

Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.

First Property Group has completed the sale of the Dr. Felix 87 office building in Bucharest's Piata Victoriei area to Bucur, a company listed on the Bucharest Stock Exchange. Colliers acted as the exclusive sell-side advisor in the transaction.

Prague maintains its position among Europe's most expensive shopping destinations, ranking 16th with monthly rents of €220 per sqm, according to Colliers' latest survey on rental trends in prime shopping streets across the EMEA region.

Colliers has brokered the renewal and expansion of a lease agreement for storage space at the DMC Pardubice complex for Nika Logistics. The deal has involved a site in eastern Bohemia with a leased area of 13,828 sqm.

Choosing an office location today involves more than square metres and costs - it's about atmosphere and employee experience. According to a Colliers analysis, buildings featuring community spaces like cafés, relaxation areas, green spaces and informal meeting spots, combined with direct metro access, lease faster and attract tenants more easily.

Albania's real estate market is making a growing contribution to the country's GDP, with performance across multiple sectors. The hospitality, office, and residential markets are driving this growth, while the retail and industrial sectors are experiencing steady expansion.

Colliers has appointed Raul Garcia Rodriguez as Real Estate Transformation, Value & Growth Lead for Central and Eastern Europe. Based in Prague, he will focus on ESG-driven transformation and the repositioning of assets, including retrofitting and redevelopment.

While foreign funds are hesitant, domestic Czech capital is not afraid of large acquisitions: from luxury hotels to office complexes. The share of Czech investors in total transactions has reached 78%. Overall, the Czech commercial real estate market posted its strongest half-year results since 2017, according to Colliers' latest report.

Although the vacancy rate for Prague offices has been falling, construction activity has intensified during Q2 2025, with four projects launched, according to a survey by Colliers.

Two Class A office buildings in Warsaw – Nefryt and Topaz, located on Domaniewska Street – have been sold in a transaction involving a UK-based private equity fund and Resolution Capital Management. Cushman & Wakefield advised one of the buyers and continues to manage the complex, while Colliers represented the seller.