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. 

As the Polish residential market moves from volatility toward a more balanced phase, developers are recalibrating supply, financing strategies and product positioning. In this interview, Carlos de León, General Manager at Acciona Nieruchomości, explains why 2026 could mark a period of mature stabilisation rather than rapid growth, which segments and locations are set to outperform, and how sustainability, financing discipline and regulatory reform will shape the next phase of residential development in Poland.

New housing deliveries and transaction numbers fell by approximately 5% in 2025 compared to the previous year, according to Colliers' annual report. While deliveries dropped to their lowest level since 2017, sales volumes remained around 20% above the pre-pandemic average.

Slovakia's property investment market experienced significant recovery in 2025, with investment volumes reaching €978 million across 29 transactions, representing an 82% year-on-year increase and the second-best year in history, according to a CBRE report.

Concordia Partners has secured €14.5 million financing from Garanti BBVA to complete The Concord residential project in Bucharest. The development, located in norhern Bucharest, is being developed in partnership with lawyer Gheorghe Mușat.

Romanian developer Impact Developer & Contractor reported a 34% increase in consolidated net profit to €19.5 million in 2025, up from the previous year.

The number of unoccupied homes in Bucharest has grown 2.4 times over 10 years to over 218,000 units, according to a Storia analysis of Romania's 2011 and 2021 census data. Nationwide, over 2.5 million homes remain unoccupied, representing a quarter of Romania's total housing stock.

Property developer Speedwell has completed and handed over the third building within The Ivy residential complex located near Băneasa forest, in northern Bucharest.

Due diligence platform Drooms has released its Real Estate Trends Report 2026, showing that European transaction times remained stable at 363 days in 2025, compared to previous years of continuous increases.

Romanian developer Prima Development Group surpassed 5,500 delivered homes at group level across Oradea and Bucharest, and currently has over 3,500 units under construction or in permitting phase.