In a video interview recorded at CEE Property Forum 2025 in Vienna, Adrian Karczewicz, Head of Divestments CEE at Skanska, shares his outlook on the office market for the year ahead. He explains why investor focus is shifting from yield compression to rental growth, highlights where supply constraints are strongest, and outlines how exit dynamics are evolving across Central Europe.

Investment activity in Slovakia rebounded in 2025, with total annual volumes reaching €967 million. This represents a cyclical peak and outperforms the long-term annual average of approximately €700 million. 

At CEE Property Forum 2025, one message cut through the discussion on technology and investment: data quality is no longer a technical concern, but a decisive factor in risk, returns and access to capital. Moderated by James Garner, Global Head of AI & Data at Gleeds, the panel brought together experts from real estate, finance, technology and law to examine how fragmented systems, regulatory pressure and rising investor expectations are forcing the industry to rethink how decisions are made—and what happens when data can no longer be trusted.

Shopper Park Plus has entered into an agreement to acquire eight retail parks in Poland from Auchan Polska and Ceetrus Polska. The transaction is expected to complete in the first quarter of 2026, subject to customary closing conditions.

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

As liquidity gradually returns and pricing expectations realign, investors across CEE are reassessing where resilient income and long-term value can still be found. A session at CEE Property Forum 2025, moderated by James Fitzgerald, Director and Head of Industrial Agency at iO Partners, offered deep insights into how market dynamics have shifted over the past 18 months and what opportunities lie ahead as investors increasingly seek resilient, high-yielding assets.

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.

Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.

Trigea Real Estate Fund has completed one of Poland's largest office transactions this year with the acquisition of Wola Center in central Warsaw.

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.