Commercial property investment in CEE rebounded strongly in 2025, with a combined volume of €11.3 billion across Czech Republic, Poland, Hungary, Romania and Slovakia. This represents a 34% year-on-year increase and stands 24% above the five-year average, according to data by Knight Frank.

BTR Group, which provides services for the Build to Rent segment, has begun its first collaboration with investment company Reico investiční společnost Erste Asset Management. For the Prague-based Kaskády Barrandov project, BTR Group will handle project management, property preparation, marketing, leasing and subsequent management of two residential buildings with 207 rental units.

Hotels are attracting growing interest from investors across CEE as strong operating performance and rising travel demand improve the sector’s fundamentals. At the same time, liquidity in prime markets and the emergence of new buyer groups are reshaping how hospitality fits within broader real estate portfolios. In an interview with Property Forum, Jakub Stanislav, Head of Investment Properties and Head of CEE Hotels at CBRE Czech Republic, discusses the outlook for hotel investment in 2026, the role of local capital in major transactions and which markets are likely to attract the most attention from investors.

Czech investment company ZDR Investments has completed two acquisitions on the Austrian market for its qualified investor fund Zdr Fki. The company acquired the PRO shopping centre in Linz's Urfahr district and Amstetten West retail park in the Mostviertel region for a combined value of €50 million.

Institutional rental housing and student accommodation are expanding rapidly across CEE as urbanisation, housing shortages and changing lifestyle patterns reshape demand. At the same time, investors are increasingly exploring conversions, hybrid living concepts and heritage revitalisations to create resilient assets in prime locations. In this interview, Peter Noack, Founding Partner and CEO of Zeitgeist Asset Management, and Tomasz Dąbrowski, Managing Director of Zeitgeist Asset Management Poland, discuss the outlook for PRS and PBSA, the growing role of flexible living models and where they see the most promising value-add opportunities in the current market environment. 

B+N Group, a facility management service provider in CEE, has rebranded as Liwo Group to support its international expansion across Europe. The company operates in nine European countries with nearly 30,000 employees.

Zeitgeist Asset Management, specialising in development services and asset management for private and institutional investors, has completed changes to its ownership structure. As part of this transaction, the Family Office of Co-Founder Sebastian Junghänel sold its stake to Family Office Noack, concluding their long-term business partnership.

The flexible workspace sector in Prague has recorded its strongest five-year period in history, according to a report by Savills. As of December 2025, total flexible workspace stock reached 130,500 sqm, representing a 60% increase compared to 2019.

Prague's office market is experiencing a supply shortage that will continue through 2026, with vacancy rates dropping to just 5.9% - the lowest since early 2020, according to a report by Colliers. Despite strong demand, limited new construction is creating tension in the market.

Stoneweg has completed three lease regears totalling 17,000 sqm across its industrial portfolio in the Czech Republic on behalf of Stoneweg European Real Estate Investment Trust (Sert). The leases were agreed in line with the previous passing rent.