The supply of modern office space in Prague remains constrained, with the vacancy rate standing at 5.8% at the end of the second quarter of 2026, the lowest level since 2020. Total modern office stock reached approximately 3.95 million sqm, yet only one project was completed during the quarter: the renovation of the Danube House building in Prague's Karlín district. The building, developed by CA Immo to Class A standard and seeking LEED Platinum certification, was fully occupied before completion, with Everpure and Allegro among its tenants.

The Czech industrial and logistics real estate market remains stable despite global economic uncertainty, according to an analysis by Colliers. Total modern industrial and logistics space in the Czech Republic reached 13.7 million sqm in the second quarter of 2026, with gross take-up of approximately 460,000 sqm, close to the five-year average. The average vacancy rate rose gradually to 5.5%, while rents remained stable in most regions.

652 new apartments were sold in Bratislava in the second quarter of 2026, a 12% decline compared with the 742 units sold in the first quarter, according to a residential market report by CBRE Slovakia. The available supply of new-build apartments rose above 4,000 units for the first time since 2017, reaching 4,231 homes across 105 projects, an increase of approximately 300 units quarter-on-quarter and 25% year-on-year. The pace of new project launches outstripped the pace of sales.

Warsaw's office market gained momentum in the first half of 2026, with total take-up reaching 420,000 sqm, a 38% year-on-year increase, according to AXI IMMO's report "Office Market in Warsaw H1 2026". Net take-up amounted to 220,000 sqm, with the second quarter seeing a surge in large transactions that nearly doubled leasing volumes compared with the same period a year earlier. The most active occupiers came from the business services, financial services and IT sectors. Notable deals included Frontex's renewal of 21,500 sqm at Warsaw Spire B, Visa Europe's new lease of 17,300 sqm at The Bridge, and Poczta Polska's renewal of 17,000 sqm at Domaniewska Office Hub.

The share of tenant-favourable markets is expected to fall from the current 52% to 33% by 2029. This is being driven by declining vacancy and limited supply of space as the share of landlord-favourable markets is set to rise from 26% to 39% in 2029, according to Cushman & Wakefield's report, which analyses 135 logistics markets worldwide,

Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.

According to Savills, growth in prime rents is set to remain robust across the continent having increased by 10.4% in the last four quarters. This is despite vacancy creeping up to 3.5% in Q1 2023, reflecting the impact of slower leasing activity.

The last month of 2022 brought a 0.7% decrease in rents compared to the previous month with prices in Budapest sinking by 0.9%, ingatlan.com reports.

Demand for logistics real estate is not slowing in Europe, driving significant upward price growth. This development is further fuelled by increased construction and financing costs in the new-build segment. Overall, 70% of the examined European markets registered substantial growth since the end of the second half of 2021, whereas 30% saw no change in rent levels. The remarkable thing is that no region reported negative rental growth. These are some of the findings Garbe Research presented in its latest Garbe Pyramid Map, the 2022 mid-year update of the company’s yield and rent map for the 122 most important logistics real estate submarkets in 23 European countries.

Palmovka in Prague 8 and Nové Dvory in Prague 4 are the largest areas where Prague development company (PDS – Pražská developerská společnost) plans the largest changes and development of new districts. PDS is preparing projects in a total of 12 localities where up to 8,000 urban rental flats should be built, announced the company director Petr Urbánek together with the Deputy Mayor of Prague, Petr Hlaváček at a press conference.