More than two-thirds of modern retail space in the Czech Republic is over 15 years old, according to Colliers' ExCEEding Borders Retail 2026 report. Across the six major Central and Eastern European countries and the Baltic states combined, approximately 33.3 million sqm of modern retail space exists, of which roughly 20 million sqm, or around two-thirds, is older than 15 years. The Czech Republic's share stands at 69%, placing it among the more mature markets in the region.
Property Forum and The Poland Observer are joining forces at Expo Real 2026 for a dedicated conference session exploring the investment outlook for Poland and Central and Eastern Europe. Taking place from 15:00 to 16:30 on 6 October, the 90-minute programme will bring together real estate leaders to discuss where opportunities could emerge across the region as the market heads towards 2027.
North Bucharest Investments (NBI) and Denya are marking a new stage in their partnership for Denya Lake, a residential development in the Pipera area of northern Bucharest, with a private event called "Discover Denya Lake" scheduled for 8 October 2026. The event will take place on site from 6:30 PM and will bring together investors, clients and business partners for a private viewing of the €45 million project. Ronen Ginsburg, CEO of Denya Group, will travel to Bucharest for the occasion, joining Shlomi Mintzer, CEO of Danya Cebus Romania, and Vlad Musteata, Founder and CEO of North Bucharest Investments.
UNIQA Real Estate Management GmbH is launching the UQA Real Estate Fund, a closed-ended real estate fund for institutional investors. The fund will invest in Core and Core Plus office properties across Europe, with a geographic focus on Austria, Poland and the Czech Republic. The move represents a further step in UNIQA Real Estate's opening of its investment and management platform, previously dedicated to the UNIQA Group, to third-party investors.
Speculation has intensified over a possible sale of Tesco's operations in Hungary, the Czech Republic and Slovakia, with the Financial Times reporting that the Schwarz Group, which operates the Lidl and Kaufland chains, is expected to make an offer for the Czech and Slovak businesses. Dutch retailer Ahold Delhaize and Polish discounter Biedronka are also named among potential bidders.
Michał Kwinta is expanding his role at Mindspace, taking on responsibility for Romania in addition to his existing management of the company's Polish operations. The appointment broadens Mindspace's regional structure in Central and Eastern Europe across two office markets at different stages of development in the flexible workspace sector.
Bucharest's hotel market recorded revenue per available room (RevPAR) growth of 5% in the first half of 2026 compared with the same period in 2025, and 25.2% above pre-pandemic levels, according to Cushman & Wakefield Echinox. The performance is underpinning a development pipeline of more than 1,500 new rooms expected to enter the market by 2028, equivalent to approximately 13% of existing hotel stock, spanning segments from midscale to luxury.
Speedwell has appointed Răzvan Enache as Executive Director of Development in Romania. In his new role, he will coordinate development strategy, planning and stakeholder engagement, and contribute to identifying new opportunities in the Romanian market. The appointment coincides with the company advancing several complex projects in key Romanian cities, including TINO in Brașov, the regeneration of the former 1 IUNIE textile factory site in Timișoara, and the large-scale mixed-use project CityZen in Bucharest.
Romania continues to gain visibility on the European industrial and logistics investment map, at a time when companies are looking for competitive markets for manufacturing, warehousing and distribution. Two-thirds of the European regions with the strongest profile for manufacturing activities are located in just four countries – Poland, Spain, Romania and France – according to the report "ExCEEding Borders: CEE & Iberia: Driving Europe's Industrial Transformation", published by Colliers.
MLP Group has completed an additional issuance of €100 million aggregate principal amount of Senior Green Notes, increasing the total size of the series to €400 million. The capital raised will support the Group's long-term growth strategy.
The new Class A warehouse project dedicated to SMEs has moved into its final stage of development, with construction works underway. Early access is planned for March 2027, while the project is scheduled to become fully operational in May 2027.
Didier Balcaen, CEO of SPEEDWELL Development, talked to Property Forum about the company's €2 billion Romanian portfolio and the transition toward "quiet luxury" in residential. He highlighted that selective financing now rewards future-proof projects with measurable energy performance.
Speedwell has signed a €21.5 million financing agreement with Intesa Sanpaolo Bank Romania for the residential component of Queens District, its mixed-use development in northern Bucharest.
Office markets across the six largest CEE capital cities, Prague, Warsaw, Budapest, Bucharest, Bratislava, and Sofia, have entered a new phase characterized by a severe supply crunch.
The office markets of CEE's six largest capitals records resilient demand for high-quality space in 2026, although new development has slowed, tightening supply, according to Colliers.
Manova Partners is expanding its investment activities in CEE with a focus on Poland. The international real estate investment manager currently manages a property portfolio in the region worth more than €1.4 billion.
Romania has risen in Europe's investment destination rankings, becoming one of the most attractive markets in the region alongside Poland for international investors, according to PwC Global CEO Survey 2026 data.
NEPI Rockcastle said its Q1 net rental and related income (NOI) reached €157.7 million, up 3.4% versus Q1 2025. Property NOI increased 3.2% to €155.4 million, while net revenue from energy activities rose to €2.3 million, reflecting the scaling of the group's renewable energy platform.
Administrative costs for modern office buildings in Romania are set to rise by approximately 10% in 2026 compared to last year, according to Colliers. The increases stem from higher property taxes, inflation and rising wages, with utility costs excluded as these are typically billed separately.
CEE real estate investment rebounded strongly in 2025, with volumes reaching €11.6 billion across six core markets, representing a 31% year-on-year increase according to Colliers.
Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
