Only 26,300 sqm of new office space will be completed in Prague this year, the lowest figure in the past decade. Although construction activity has slowed significantly, the total volume of projects under construction remains strong at 244,200 sqm across 17 buildings at the end of the third quarter, according to data by Colliers Czech Republic.

Shopper Park Plus Nyrt has successfully closed its Secondary Public Offering on the Budapest Stock Exchange, raising more than €100 million in what marks the largest IPO/SPO the exchange has witnessed in 28 years. The transaction was oversubscribed due to strong investor demand.

Crestpoint Project Partners has launched a new project management and advisory platform to support developers, investors and construction companies across the real estate sector.

With the arrival of Black Week and its climax on Black Friday on 28 November, Czech retail enters its most intense period of the year. The week of discounts seamlessly transitions into Advent shopping, which traditionally brings the highest weekend footfall and sales of the year. CBRE, the global leader in commercial real estate services that manages dozens of shopping and retail centres across the Czech Republic and authors the regular Shopping Centre Index, confirms that the combination of November promotions and the pre-Christmas season fundamentally shapes the performance of brick-and-mortar retail and its connection with online channels.

W. P. Carey has completed an €88 million sale-leaseback transaction for six food production facilities across the UK, Czech Republic, and Slovakia. The portfolio comprises approximately 121,000 sqm and is leased to Valeo Foods Group under triple-net lease agreements.

Construction has begun on a new phase of Panattoni Business Park Ostrov North, expanding the industrial zone by nearly 46,500 sqm of sustainable space. The new warehouse will be completed in March 2027, representing another step in revitalising one of the Czech Republic's largest brownfields. The project will pursue the highest level of international BREEAM New Construction certification, with Panattoni as developer and Accolade Group as investor.

CPI Europe has completed the acquisition of a residential property portfolio in the Czech Republic, which was announced in August 2025. Known as CPI Byty, the portfolio consists of almost 12,000 apartments, mainly located in the regions of Ústí nad Labem and Liberec, as well as in Třinec and Prague.

CTP and ČEZ ESCO announce the launch of new solar power plants in and around Brno, the Czech Republic's second-largest city. The combined 5.5 MW rooftop installation is the largest project of its kind in the South Moravian region and will reduce emissions by more than 2,800 tons of CO₂ per year. A total of nearly 86,000 sqm of solar panels will cover the rooftops of industrial buildings at CTPark Brno and CTPark Brno South. The projects are part of the long-term cooperation between the two companies to develop sustainable energy solutions across CTP's portfolio of industrial parks.

Panattoni has exceeded 500,000 sqm of industrial space with the highest Outstanding rating under the international Breeam New Construction sustainability certification in the Czech Republic. This milestone was achieved with the recent certification of ZF's automated distribution centre at Panattoni Business Park Ostrov North.

As CEE moves into a new phase of the real estate cycle, transaction structures, investor behaviour, and regulatory expectations are shifting at pace. Cross-border capital is gradually returning, domestic investors are taking a stronger role, and ESG-driven obligations are reshaping how deals are structured and executed. Against this backdrop, Dr. Erwin Hanslik MRICS, Partner and CEE Head of Real Estate & Construction at Taylor Wessing, shares his perspective on the most important legal, regulatory and market developments influencing real-estate transactions today.