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.

Looking at the Czech industrial real estate market in Q2 2025, it is clear that the market has not yet fully recovered from the downturn of last year, according to a regular quarterly survey conducted by Colliers. Gross realised demand has fallen 34% below the five-year average. On the other side, growth in the vacancy rate is positive news for tenants. 

The office real estate market in Prague is reflecting the differentiation based on location and building quality, with proximity to the metro remaining a key factor influencing both prices and demand, describes Colliers in its latest analysis of the Prague office real estate market.

In Q2 2025, the slowdown of the Slovak industrial real estate market has continued. Developers are facing several challenges, according to the Industrial Research Forum (IRF) overview of the logistics and industrial real estate market in Slovakia. 

More than 417,000 sqm of industrial space were leased in H1 2025, marking an over 20% increase compared to the same period in 2024, according to Colliers data. 

Although the total supply of office space in Brno is approximately 5.6 times smaller than in Prague, space currently under construction has already reached half the level of the Capital, according to the Regional Research Forum's H1 2025 analysis of market dynamics in Moravia.