Europe's real estate recovery will remain uneven and take longer than previously anticipated, according to the Emerging Trends in Real Estate® Europe 2027 report published by PwC and the Urban Land Institute (ULI). Based on surveys and interviews with 1,498 property professionals, the report finds that only 45 percent of respondents expect business profitability to improve in 2027, down from 50 percent in the previous edition. Headwinds include higher bond yields, geopolitical instability, rising energy and construction costs, and higher-for-longer interest rates. Increased regulation is a top-three concern for 38 percent of respondents, while national political instability is a growing worry for 41 percent.

The return to the office, rising fit-out costs and growing expectations around employee experience are changing how companies choose their workplaces. At SEE Property Forum 2026 in Bucharest, industry experts discussed how landlords can respond through more flexible spaces, energy-efficient technologies and amenities that encourage employees to return, while occupiers increasingly prioritise long-term adaptability alongside location and cost.

Yerevan is seeking to attract international investors, developers and construction companies as Armenia's capital advances a series of urban regeneration and infrastructure projects designed to create new commercial districts, improve connectivity and revitalise existing neighbourhoods.

Investors and developers are becoming more selective as financing conditions, operational costs and market uncertainty put pressure on returns. At SEE Property Forum 2026 in Bucharest, industry executives discussed investment opportunities across retail, logistics and hospitality, highlighting the growing importance of asset management, reliable operational data and technology in protecting property values.

Hotel investment across Southeast Europe continues to attract interest, but rising development costs, changing guest expectations and the importance of year-round demand are reshaping investment strategies. At Zagreb Property Forum 2026, hospitality executives discussed the growing role of mixed-use developments and branded residences, the opportunities emerging across the region and the need for realistic financial planning to ensure long-term profitability.

Shopping destinations in Romania are increasingly competing on experience, convenience and their ability to understand consumers, rather than simply attracting more visitors. At SEE Property Forum 2026 in Bucharest, retail experts discussed how changing shopping habits, local brands, accessibility and data-driven strategies are reshaping retail properties, with a growing emphasis on creating reasons for customers to stay longer and return more frequently.

CTP N.V. recorded gross rental income of €632.0 million in the first nine months of 2026, a 12.5% increase year-on-year, driven by new deliveries and like-for-like rental growth of 4.8%. Annualised rental income reached €871 million at 30 September 2026, with the company reiterating its target of €1.0 billion by 2027. Occupancy remained stable at 93%, with a weighted average unexpired lease term of 6.3 years.

Russian attacks have destroyed roughly half of Ukraine’s modern warehouse stock. By early September 2026, 2.1 million sqm of the 4.2 million sqm of Class A/B space that existed at the start of 2022 had been lost, according to the latest research by UTG. New construction has added around 800,000 sqm over the same period. That is not enough to offset the damage. The URE Club (Ukrainian Real Estate Club) has summarised the situation in an article for Property Forum.

For decades, the geography of European real estate investment has been expanding eastwards. Markets once considered peripheral have become established destinations for international capital, with Central and Eastern Europe developing sophisticated commercial property sectors, institutional investment markets and increasingly international developer communities.

Property Forum is excited to announce the winners of its annual SEE Property Forum Awards in 2026. The winners were selected from our shortlist by the jury committee, comprising the leading players in Romanian real estate. The awards, celebrating the best projects, most impactful transactions and most inspiring personalities of the Romanian market, were presented at our awards gala in Bucharest, part of the annual SEE Property Forum.