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.

NEPI Rockcastle has agreed to sell the Ozas Shopping and Entertainment Centre in Vilnius, Lithuania, to the UTIISIB UAB 'Prosperus Retail Property Fund' for a gross transaction value of €200 million. The deal generates estimated net proceeds of €179 million, representing a 13% premium to the property's IFRS net asset value as of 30 June 2026. The transaction is subject to customary closing conditions and regulatory approvals, with completion expected in the fourth quarter of 2026.

Charles Irvine, the London-based real estate capital markets firm  has announced a strategic alliance with Rego Group, a commercial real estate advisory firm based in Vilnius, Lithuania, marking an expansion in the Baltic region. 

The EBRD has announced a €50 million investment in property developer Releven as part of a joint venture deal in which the bank will hold a 40% stake.

Panattoni is extending its operations to the Baltic States, namely Lithuania, Latvia and Estonia. This new initiative is a response to the growing needs of customers for modern industrial solutions such as BTS.

Vilnius-based developer Releven has announced the receipt of a construction permit for the Horizontai project on the right bank of the River Neris at 59 Lvivo Street. With an estimated cost of €220 million, the Horizontai project aims to shape the landscape of the Central Business District (CBD) in Vilnius.

The concept design solutions for the new mixed-use Horizontai project in Vilnius' CBD by real estate developer Releven received the approval of the municipality. The company expects to receive a construction permit for the construction of the €200 million project this year.

Baltic Horizon Fund has signed an agreement with East Capital Real Estate Fund IV to sell 100% shares of BH Duetto UAB which owns the Duetto I and II office buildings in Vilnius, Lithuania. The sales price of the assets is approximately €37 million, which is close to the latest valuation.

Lithuanian investors Baltic Asset Management and Hanner have acquired a hotel in Prague to convert it into a co-living project called Youston. The total investment is estimated at €14 million, Hanner, the financial partner of the project, confirmed to Property Forum.

KS Holding, a Kesko Group company, has completed the sale of Kesko-Senukai stores in Vilnius and Daugavpils to the Finnish Special Mutual Fund Titanium Baltic Real Estate. Together with the sale of Riga’s Ozols Centrs, acquired by Titanium in November, KS Holding has brought retail assets valued at €60 million to the market. Returns to shareholders in the recent transactions for the money invested exceed 20% per annum.