More than two-thirds of modern retail space in the Czech Republic is over 15 years old, according to Colliers' ExCEEding Borders Retail 2026 report. Across the six major Central and Eastern European countries and the Baltic states combined, approximately 33.3 million sqm of modern retail space exists, of which roughly 20 million sqm, or around two-thirds, is older than 15 years. The Czech Republic's share stands at 69%, placing it among the more mature markets in the region.

Austrian investment firm Erste Asset Management has completed a cross-border merger with its Czech subsidiary REICO investiční společnost, effective 1 October 2026 following registration in the Austrian commercial register. The merger received regulatory approval from supervisory authorities in both Austria and the Czech Republic. REICO ceases to exist as a separate legal entity, with all assets, liabilities, rights and obligations transferring to Erste Asset Management.

PPF Real Estate has agreed to acquire the Telehouse office building in Prague's Dejvice district from a group of investors comprising BPD Development and Radek Pokorný's Engine Prague Development. The building is situated close to PPF Group's headquarters in Prague 6.

Total investment volume across the seven CEE markets tracked by Cushman & Wakefield reached approximately €5.4 billion in the first half of 2026, broadly unchanged year on year, according to the firm's CEE Investment Market Update for H1 2026. The stable headline figure masked a marked shift in activity towards Poland, which accounted for 56.7% of regional volume, up from roughly one-third a year earlier, recording its strongest first half since 2018.

7R has appointed Katarzyna Różycka as Chief Financial Officer and member of the Management Board. In her new role, she will be responsible for shaping the company's financial policy and overseeing its finance, accounting and controlling functions, as the company continues to expand its operations in Poland, the Czech Republic and Germany.

UNIQA Real Estate Management GmbH is launching the UQA Real Estate Fund, a closed-ended real estate fund for institutional investors. The fund will invest in Core and Core Plus office properties across Europe, with a geographic focus on Austria, Poland and the Czech Republic. The move represents a further step in UNIQA Real Estate's opening of its investment and management platform, previously dedicated to the UNIQA Group, to third-party investors.

Czech developer CRESCO REAL ESTATE has introduced an AI-powered virtual sales assistant named Yarda on the website of its Yards Žižkov residential project in Prague, becoming the first developer in the Czech Republic to integrate such a tool directly into a residential project's online sales process. The assistant is available around the clock and communicates with prospective buyers in natural language, answering questions about the project, individual apartments and the surrounding area.

Sandberg Capital is expanding its real estate platform into the Czech Republic with an investment in Rezidence Hausmannova, a residential development in Prague's Modřany district, delivered in partnership with FETTERS management s.r.o, the company announced on LinkedIn.

YIT Czechia has completed the second phase of its Portti Kladno residential project in Kladno, delivering 102 freehold apartments ranging in size from 28 to 99 sqm, with layouts from studio to four-bedroom. Every unit includes a balcony, terrace or front garden, along with a cellar, parking space, a pram store and an outdoor area for washing bicycles and dogs.

Speculation has intensified over a possible sale of Tesco's operations in Hungary, the Czech Republic and Slovakia, with the Financial Times reporting that the Schwarz Group, which operates the Lidl and Kaufland chains, is expected to make an offer for the Czech and Slovak businesses. Dutch retailer Ahold Delhaize and Polish discounter Biedronka are also named among potential bidders.