Skanska has sold the second phase of Wrocław's Centrum Południe office complex to Investika Real Estate Fund in joint venture with Bud Holdings for €62 million. The deal marks Investika's second acquisition from the developer after P180 in Warsaw.

Investment volumes in the Czech commercial real estate market could reach €3.9 billion in 2025, according to a Savills analysis. In Prague alone, commercial properties worth approximately €2.5 billion are currently at various stages of sale - the highest amount of assets offered in the past ten years. The majority of available properties are office buildings and mixed-use properties combining retail and office space. Hotels and industrial or logistics assets represent a smaller share.

After the first three quarters of 2025, the Warsaw office market continues to experience constrained supply amid strong occupier activity, finds a report by BNP Paribas Real Estate Poland. Demand outstrips office availability, pushing vacancy rates down both in the city centre and in other locations across Warsaw.

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.