Commercial property investment in CEE rebounded strongly in 2025, with a combined volume of €11.3 billion across Czech Republic, Poland, Hungary, Romania and Slovakia. This represents a 34% year-on-year increase and stands 24% above the five-year average, according to data by Knight Frank.

Institutional rental housing and student accommodation are expanding rapidly across CEE as urbanisation, housing shortages and changing lifestyle patterns reshape demand. At the same time, investors are increasingly exploring conversions, hybrid living concepts and heritage revitalisations to create resilient assets in prime locations. In this interview, Peter Noack, Founding Partner and CEO of Zeitgeist Asset Management, and Tomasz Dąbrowski, Managing Director of Zeitgeist Asset Management Poland, discuss the outlook for PRS and PBSA, the growing role of flexible living models and where they see the most promising value-add opportunities in the current market environment. 

Shopper Park Plus' successful capital raise covering approximately 50% of the transaction value has enabled the acquisition of a strategic portfolio of eight Auchan hypermarket anchored assets across Poland, with the remaining amount financed through a loan facility signed with Aareal Bank AG last week, marking a significant milestone in the company’s continued expansion within food-anchored retail real estate. The favourable financing terms further enhance the portfolio’s strong cash-flow generating capacity and support SPP’s intention of increasing dividend per share in the future.

7R, the property developer of logistics and industrial facilities with operations in Poland and Czechia, is entering the German market and signed an SMA partnership to invest €200 million in the development of industrial, warehouse and logistics projects across the country.

The city of Świecie, a town in northern Poland's Kuyavian-Pomeranian Voivodeship, has unveiled a comprehensive masterplan for the revitalisation of its 14th-century Teutonic Castle, viewing the historic fortress as the foundation for a new cultural and educational identity rather than merely a medieval relic.

Big Poland has acquired a retail park project in Dzierżoniów, becoming the 11th retail park in its Polish portfolio.

Baltic investors are becoming increasingly active in the Polish real estate market, reflecting a search for larger and more liquid investment environments than those available in their home markets. At the same time, pricing expectations, liquidity conditions and asset management opportunities in Estonia, Latvia and Lithuania continue to shape how investors approach expansion and portfolio allocation across the region. Property Forum reports from the Nordic Real Estate Forum 2026, organised in Tallinn.

B+N Group, a facility management service provider in CEE, has rebranded as Liwo Group to support its international expansion across Europe. The company operates in nine European countries with nearly 30,000 employees.

P3 Logistic Parks has signed lease renewal agreements covering more than 64,000 sqm of warehouse and office space at P3 Poznań Logistics Park, across three buildings.

Industrial developer Panattoni will deliver a 46,000 sqm build-to-suit project for Nagel-Group in Poznań as part of Panattoni Park Poznań East III. The facility will serve as the food logistics company's key hub in Poland.