ARTICLES LABELLED WITH TAG Colliers

Despite a slight increase in vacancy, demand for new offices in Prague persists. However, companies still prefer renegotiations. Lease renewals are almost always accompanied by interior modifications leading to more efficient use of space, reports Prague Research Forum in its Office Market Figures for Q3 2024.

Romania's construction market has reached historic highs over the past two years over increased public investment, financed by both national and European funds. At the same time, demand from the residential market has remained limited due to the slow permitting process for new developments in Bucharest. 

The Czech Republic is on the cusp of a major transformation of its transport infrastructure having far-reaching consequences for the industrial and logistics real estate market across the Central European region, reports Colliers in its recent study.

Total demand for office leasing in Bucharest dropped by 25% to 236,000 sqm in Q3 compared to the same period of 2023, while new demand fell 11% to 82,000 sqm in the same interval due to the slowdown of the IT&C sector, according to a Colliers report. 

Romania’s industrial stock totaled 7.3 million sqm during H1 2024, while new projects spanning 700,000 sqm were under various development stages, according to a report by Colliers.

Colliers has named Kevin Turpin as the Key Account Management (KAM) Lead for investor clients in the EMEA region. 

Romania’s commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers. 

The gap between offer and final prices is narrowing in the Czech Republic and is helping transaction activity for the rest of 2024, according to the regular quarterly office market survey published by Colliers. 

Romania’s retail stock expanded by around 106,000 sqm during H1 2026, with another 205,000 sqm under development that could help the country reach the 5 million sqm milestone at the end of 2026, according to a Colliers report. 

Prague's office market has grown by 4 new buildings in Q2 2024, offering nearly 44,000 sqm of modern class A office space, reports Colliers in its regular quarterly office property market survey. A large part of these properties has found tenants before completion.