CEE economies have been delivering solid GDP growth, outpacing many Western European peers despite external trade uncertainties and recent inflationary pressures, according to Colliers' latest report.

Demand for office space in Bucharest dropped by one-third in 2025, primarily due to reduced activity from IT companies, which generated only 10% of total leasing in the first nine months - the lowest level since 2010. Companies leased approximately 150,000 sqm of office space, while new demand fell by almost 30% to under 60,000 sqm.

Romania is positioning itself as a key retail market in Central and Eastern Europe, with developers shifting focus from large cities to smaller communities, according to a Colliers report. While large cities previously concentrated three quarters of modern retail stock, rising incomes and demand for modern formats are making communities of around 50,000 inhabitants attractive for new investment, with retail parks driving development.

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.