According to the latest Savills Investment Report, the commercial property market in the Czech Republic is expecting a strong close to 2024. The total transaction volume for the first three quarters of 2024 has reached €1.09 billion. 

There are 4.5 million square meters of modern shopping space in Romania and there is still room for development as investors are still interested in the Romanian market. In terms of total retail space per capita, Romania is still behind other European countries, explained the speakers of the retail panel of SEE Property Forum 2024.

According to Savills European Office Occupancy Rates Report, Prague has, for the first time since the pandemic, surpassed the 60% threshold for physical office occupancy, reaching 61% in October this year.

This year the Polish investment market has been dominated by two strong foreign players, coming from the UK and the Czech Republic. Investors from the latter country are increasingly and more generously placing capital in the Polish property market. The growth over the last two years has been impressive, comments Szymon Mojzesowicz, a Polish real estate market expert.

The Romanian residential market is navigating through many changes. This means that developers need to be flexible in order to adapt to all changes, as the speakers of the residential panel of SEE Property Forum 2024 concluded.

Investors are still on hold today. As Property Forum’s recent survey showed, two-thirds of investors are expected to continue to take a ‘wait and see’ stance and look for a better vision of the future in the coming period. But, as the speakers of the investor expectations panel of SEE Property Forum 2024 showed, there are opportunities available all over CEE, including Romania.

CEE economies would suffer under a potential Trump presidency, primarily due to anticipated new trade tariffs, according to new research by Erste Group. The trade conflicts would impact the region indirectly through its economic reliance on Germany, says the bank’s CEE research team.

A noisy office environment is affecting the well-being and productivity of employees. 63% of them have reported concentrating troubles due to noise in the workplace, according to a current study by Jabra.

The modern, developer-led warehouse stock in the Czech Republic reached almost 12.2 million sqm in the third quarter of 2024. Approximately 163,500 sqm were delivered to the market within 9 industrial parks across the country. This represents an 11% decrease compared to the same period last year and an increase of 64% quarter-on-quarter, reports Industrial Research Forum in its Industrial Market Figures for Q3 2024.

SEE Property Forum 2024, Romania’s leading international real estate event, brought together top economic minds to debate the effects of the economic convergence process in the region and also the current and future economic outlook of CEE.