Deutsche Pfandbriefbank AG (pbb) has provided in total €40 million investment loan facilities to an office fund. The fund will use the financing for the acquisition of two office buildings in Warsaw and to improve their ESG status. The asset management will be done by George Leslie, Resolution Capital Management.

Nicolae Ciobanu, Managing Partner – Head of Advisory at Fortim Trusted Advisors, talked to Property Forum about the firm’s growth in office leasing and land transactions, as well as the outlook on rents and the role of the defense sector in boosting industrial demand going forward.

Investor interest is diversifying, with hotels and office properties being the most sought-after segments in H1 2025, and a growing trend of repurposing older office buildings into hotels or residential use, according to experts of Colliers Hungary.

Star Residence Invest has signed a letter of intent to acquire an office building in central Bucharest for €19 million.

Although the total supply of office space in Brno is approximately 5.6 times smaller than in Prague, space currently under construction has already reached half the level of the Capital, according to the Regional Research Forum's H1 2025 analysis of market dynamics in Moravia.

PPF Real Estate has completed the infrastructure works for ARC, its new office project in Bucharest where it is investing €70 million. 

AXI Immo has released its latest report on the Warsaw office market for the first half of 2025, showing the city’s continued resilience amid changing economic conditions. Despite a modest level of tenant activity, with total take-up reaching approximately 300,000 sqm, leasing remained steady and focused largely on central locations. Around 85,000 sqm of modern space was delivered in the first six months, with 93% located in central zones, primarily through flagship projects like The Bridge and Office House. The vacancy rate across the city stood at 10.8%, with 140,000 sqm under construction by the end of June.

Immocap has started the first preparatory works on Istropolis, a new development at a key communication point in the wider centre of Bratislava.

Renegotiations have covered more than half of the leases in the office market in Bratislava in Q2 2025, and a third of the new leases are from the public sector, according to the analysis of data for Q2 2025 conducted by Bratislava Research Forum.

The total size of modern office stock in Prague has reached 3.94 million sqm at the end of Q2 2025. Renegotiations are expected to dominate, and larger tenants are remaining in a holding pattern, according to the data released by Prague Research Forum for the second quarter of 2025.