Romanian developer Forte Partners has begun construction on the office component of U•Center 3, with a planned investment of €100 million.

The commercial real estate investment market in the Czech Republic is experiencing an exceptionally strong period. In H1 2025, the transaction volume has crossed the €2 billion threshold, reveals Cushman & Wakefield in its Investment Marketbeat for Q2 2025.

Timișoara emerged as the sole Romanian city to experience growth in the office leasing market during H1 2025, defying a national downturn, according to a report by Fortim Trusted Advisors.

Office leasing in Bucharest reached its lowest point in four years during H1 2025, according to Colliers consultants. Total leasing transactions exceeded 100,000 sqm, representing a more than one-third decrease compared to the same period last year.

Budapest's office market recorded a notable decrease in its vacancy rate during Q2 2025, reaching 12.8%. This marks a 1.29 percentage point drop from the previous quarter and a 1.18 percentage point decrease year-on-year, according to the Budapest Research Forum (BRF). Net absorption also turned positive, reaching 57,000 sqm.

Investika Real Estate Fund has entered the Austrian real estate market by acquiring a light industrial and office asset with an interesting sustainability profile near Vienna Airport. 

According to a report from Cushman & Wakefield, Warsaw’s office development pipeline has fallen to its lowest level in 30 years, with only 130,000 sqm currently under construction — a volume last seen in 1995. While new supply remains limited, demand for centrally located office space continues to support prime rental growth.

Romania's commercial real estate market recorded investment deals worth €391 million during H1 2025, down 6.5% compared to H1 2024, with offices gaining a bigger share of the total volumes. This was the second best-performing first half in the last 12 years, surpassing the average for the period by 30%, according to Cushman & Wakefield Echinox. 

According to Avison Young, at the end of the first half of 2025, Warsaw's modern office stock reached 6.33 million sqm. Three projects were delivered: The Bridge (51,800 sqm), Office House (27,800 sqm), and CD Projekt HQ (5,600 sqm), all contributing to the city’s central zones, which continue to concentrate nearly 90% of new supply.

The Polish Chamber of Commercial Real Estate (PINK) has released data summarising the office market situation in eight major regional cities in Poland for Q2 2025: Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, and Szczecin.