The Russian full-scale invasion inflicted unprecedented damage on Ukraine’s housing stock. Hundreds of thousands of homes have been damaged or destroyed, and millions of Ukrainians have lost their permanent residences, becoming internally displaced persons (IDPs). As the war enters its fourth year, reconstruction of housing has become one of the most urgent priorities — not only socially but strategically, for stabilising communities, restoring livelihoods and enabling return. In response to this crisis, multiple stakeholders — international financial institutions, the Government of Ukraine, regional authorities, and private and civil society actors — have mobilised a diverse set of programs aimed at delivering housing solutions. These include large-scale investment initiatives, state compensation mechanisms, municipal developments, and innovative mixed models with private partners. Below is an overview of the main programs and projects shaping the housing recovery landscape in Ukraine in 2025–2026, prepared by URE Club for Property Forum.

YIT has completed the tenth phase of the Suomi Hloubětín residential complex in Prague 9. The Tampere building contains 68 apartments and 5 commercial spaces, with only two retail units remaining for sale.

YIT Slovakia has reached a significant regulatory milestone in the development of its Mlynárka project in Bratislava. Following the building placement decision issued by the district in November 2025, the developer obtained legal planning permission on 18 December 2025 for the first phase of the development, comprising blocks B, C, and E. This approval allows the company to transition the project into the next phase of the formal authorisation process.

Geosan Development has launched the construction of its largest residential project Re.Start Petynka with 283 apartments and commercial ground floor, while it also kicked off the Benkova Rezidence on Chodov, comprising two boutique "villa-houses" with 40 apartments. The company also completed another phase of building plot development for individual family house construction in Choťánky near Poděbrady and delivered the Rezidence Radimova Břevnov complex in Prague, featuring 101 homes. 

The Czech Republic will launch a new investment fund to support affordable housing, combining public and private capital with EU funding sources.

Strabag Real Estate has obtained a building permit for a new residential building in Bratislava's Mlynské Nivy district, located near the Strabag HQ. 

Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.

Colliers has published a new report focusing on CEE, examining economic and real estate trends across Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia. The study shows that 2025 brought moderate economic recovery, easing inflation and rising focus on sustainability, while real estate markets were shaped by modernization, limited new office supply, strong logistics demand and retail park expansion.

Hubix, a Romanian real estate management and investment company, announces a €20 million investment in the development of the Abito Pipera residential project, a mixed-use complex designed for modern urban living and community.

The Hungarian property market experienced a significant turnaround this year, characterised by diverse buyer preferences. Investors, panel apartment seekers, and family house buyers were all active, though not simultaneously. According to data from property portal zenga.hu, interest levels in 2025 showed major fluctuations across property types, conditions, and sizes.