European office costs continue to rise, but companies are not compromising on their demands for high-quality work environments, according to Colliers' Occupier Fit-Out Guide 2026 study.

YIT has completed the tenth phase of the Suomi Hloubětín residential complex in Prague 9. The Tampere building contains 68 apartments and 5 commercial spaces, with only two retail units remaining for sale.

Geosan Development has launched the construction of its largest residential project Re.Start Petynka with 283 apartments and commercial ground floor, while it also kicked off the Benkova Rezidence on Chodov, comprising two boutique "villa-houses" with 40 apartments. The company also completed another phase of building plot development for individual family house construction in Choťánky near Poděbrady and delivered the Rezidence Radimova Břevnov complex in Prague, featuring 101 homes. 

Generali Fond Realit, managed by Generali Investments CEE and using advisory services from Generali Real Estate, has completed the acquisition of a portfolio of three Lidl supermarkets spanning 6,816 sqm, which are located in Mníšek pod Brdy, Kutná Hora and Olomouc. The transaction was completed in partnership with Czech investment group Star Capital Finance (SCF).

The Czech Republic will launch a new investment fund to support affordable housing, combining public and private capital with EU funding sources.

Central Europe's commercial real estate sector is experiencing a transformation, with Hungary leading the recovery through an 86% year-on-year increase in investment driven by Asian capital from China and South Korea. The CATL factory in Debrecen and BYD in Szeged, along with the planned Volvo plant in Košice, Slovakia, are reshaping the region's industrial landscape and creating demand for logistics space.

Industrial developer CTP has signed a lease agreement with Procter & Gamble (P&G) for a new 37,000 sqm logistics and production facility at CTParku Prague North.

Mitiska REIM, the specialist investor in European convenience real estate, has sold Retail Park Strakonická in České Budějovice to Fio Real Estate Fund for €22.2 million.

The Czech commercial real estate investment market is experiencing a record-breaking year, set to reach €4.1 billion by the end of 2025, according to Savills research. To date, 69 transactions have been completed with a total volume of €4 billion, with additional deals worth tens of millions potentially closing by year-end.

Czech investment group Star Capital Finance (SCF) has launched a new subfund SCF Crop within its qualified investor fund SCF Investment Partners Sicav. The fund will focus on retail park investments across CEE, with properties valued at their actual purchase price and a target return exceeding 10% annually.