The closing panel of SEE Property Forum 2025 in Bucharest, moderated by Victor Constantinescu from Kinstellar, brought together leading local players to assess sentiment, shifting asset preferences, and the practical steps investors must take to navigate the year ahead. The panellists examined where capital is moving, what risks remain most pressing, and how legal, geopolitical, and market dynamics will shape investment decisions across Romania and CEE.

Belgrade's rental market remains stable with no significant changes compared to previous years, according to an analysis by real estate agency Cordon based on 1,000 apartment listings from November 2025.

At the SEE Property Forum 2025 in Bucharest, leading voices from Romania’s residential real estate sector came together to shed light on how developers, investors, and buyers are adapting to a period of economic uncertainty, rising construction costs, and shifting consumer priorities. From the growing appeal of build-to-rent and integrated communities to the urgent need for regulatory reform, the panel offered a forward-looking view of a market that is evolving rapidly yet remains defined by strong fundamentals and an enduring demand for quality homes.

The third quarter of 2025 confirmed a continued decline in demand in the Slovak industrial property market. Total leasing activity amounted to 64,365 sqm, with net take-up representing 50,615 sqm. The vacancy rate rose to 7.72%, the highest level in recent years, according to the latest quarterly report from 108 Real Estate.

Investment activity in the Czech commercial real estate market is now primarily driven by domestic capital, while in the long-term trend, local capital accounted for one third of the total investment volume. Over the past three years, however, the balance has shifted this year, and Czech investors represent 80% of all transactions completed to date, according to a Savills analysis.

Once considered a purely transactional asset class, retail in CEE is rapidly evolving into a platform for experience, community, and brand identity. This shift was at the centre of the discussion at SEE Property Forum 2025, where industry leaders explored how shopping centres are adapting to changing consumer expectations, ESG requirements, and the growing demand for meaningful, multi-use spaces. 

Romanian developer One United Properties has been ranked among Europe’s top 10 long-term growth champions, according to the Financial Times’ FT1000 Long-Term Growth Champions 2025 list, which highlights companies that have achieved exceptional and sustained revenue growth over the past decade.

The evolution of Poland’s rental market is giving rise to new services that support both tenants and landlords in building mutually beneficial relationships. A good example of this trend is Bingo-Rent – a fintech company developing a solution that eliminates the need for a traditional cash deposit. This innovation makes renting simpler and more accessible for everyone – both tenants and property owners.

The hotel sector across South-Eastern Europe is evolving beyond its post-pandemic rebound. At SEE Property Forum 2025 in Bucharest, industry leaders agreed that while the “revenge travel” wave has subsided, the market remains on a strong footing—driven by solid fundamentals, new investment opportunities, and rising traveller expectations. What comes next, they noted, will be defined less by recovery and more by adaptation: sustainability, conversions, and smarter capital deployment are now shaping the region’s hotel landscape.  

The Czech Republic is not playing second fiddle to the Polish or Hungarian markets, as suggested by the demand and the increase in the ratio of new leases. The end of Q3 2025 has seen more than a million square meters of warehouse and manufacturing space under construction in the Czech Republic, according to the report on Q3 2025 Market Figures by the Industrial Research Forum.