Office markets in Central and Eastern Europe are continuing to evolve in response to changing occupier expectations, economic pressures, and ESG standards, according to Colliers' latest report covering Bulgaria, Czechia, Hungary, Poland, Romania, and Slovakia.

Although many companies have announced the return of employees to corporate office spaces and are striving to achieve full occupancy, findings from Colliers’ latest survey have shown the ideal occupancy for working environments.

M Core has significantly expanded its retail portfolio with over €150 million in strategic investments over the past six months and has an active pipeline exceeding €200 million in projected developments over the next two years.

REICO Long Lease, an open-ended mutual fund managed by REICO Investment Company of Erste Asset Management, has added another logistics property in Poland to its portfolio. 

Avison Young and Colliers jointly advised Octava Property Trust on the sale of the Lighthouse office building in Warsaw. The buyer is an investor with Polish capital.

The high street concept is enjoying great success in cities such as Vienna, Prague and Budapest, but this format has long been a failure in Bratislava. The city is experiencing a massive expansion of retail parks, shopping centres and discount chains, according to Colliers' latest report.

Affordable rents for office space in the centre of Prague have reached a historic high. At the same time, Prague is maintaining the lowest vacancy rate among CEE capitals, reports Colliers in its analysis of the office real estate market.

Gross realised demand on the Czech industrial real estate market has risen above the five-year average in the first quarter of this year, indicating the potential for market recovery. Over 155,000 sqm of new space has already been delivered to the market this year, and a further 1.6 million sqm is currently under active construction, according to a survey conducted by Colliers.

Bucharest's industrial and logistics market has experienced significant growth, with its modern leasable space nearly quadrupling over the past decade to exceed 3.6 million sqm, according to a Colliers analysis.

The first quarter of 2025 has been marked by extraordinary activity on the Czech commercial real estate market. According to Colliers, total investment volume reached €1.48 billion, already surpassing the full-year 2023 results of €1.15 billion. Several large transactions with a value above €100 million contributed to this record.