Companies leased 197,200 sqm of office space in Bucharest in the first nine months of the year, with over half representing new demand. The total transacted volume during the period is 25% lower compared to the corresponding period last year, but in the context of a year without any new office deliveries, the vacancy rate dropped to 12.8%, the lowest level since Q4 2020, according to Cushman & Wakefield Echinox.

Indotek Group is expanding its Western European office network with a new Vienna office. The company has been expanding in Western and Southern Europe for over a decade, and the Austrian office will also serve as the first regional private equity investment centre for the Budapest-based group.

Echo Investment has signed a sale agreement for Brain Park C building. The latest phase of the Kraków-based office complex will be acquired by Greenstone Asset Management, a private equity and investment firm. The building provides 13,700 sqm of GLA and has an BREEAM rating.

CBRE reports that office demand in Bucharest remained stable in Q3 2025, with total leasing activity reaching 61,500 sqm, consistent with the previous quarter but down from last year's quarterly average and the first half of this year. Despite the constant activity levels, market dynamics shifted this quarter as net demand increased by 44% compared to Q2 2025, totalling 41,700 sqm.

The Romanian commercial real estate market presented a diverse landscape in Q3, with the industrial stock continuing its expansion while the Bucharest office sector registered no new deliveries for the first time on record, according to a report by iO Partners.

Skanska has begun construction of Nowy Rynek C, the final part of a modern office complex in central Poznań. The building will be Poland's first commercial office building with net-zero CO₂ emissions at operational level and will be completely independent from the city's district heating network.

The European real estate industry has shifted from cautious optimism to pragmatism as geopolitical and economic uncertainty continues to temper investment activity, according to the latest report by PwC and the Urban Land Institute.

Penta Real Estate has attracted Alto Real Estate as a minority partner in its Chalupkova project in Bratislava through a joint venture arrangement. Alto will hold a 49% stake while Penta retains management control over the development and construction.

Globalworth has renewed its Access4you certification for all 16 office buildings in its Romanian portfolio, totaling almost 500,000 sqm. The recertification, conducted with consultancy services from Colliers, marks the second three-year certification cycle for the leading office investor in CEE.

Wing Group has signed an agreement with GTC to purchase a development site at 173-177 Váci Road in Budapest, covering more than 2.1 hectares. The company plans to build approximately 470 apartments and a 23,000 sqm office building as part of a mixed-use project on Hungary's largest office market area.