Gránit Asset Management has completed the acquisition of the Park Center retail portfolio from Revetas Capital, creating one of Hungary's largest centrally managed retail park networks under the Zone Retail Park brand.

Office markets outside Warsaw achieved record gross leasing volume of 773,000 sqm in 2025, despite developers delivering the lowest new supply in two decades. The dominance of lease renewals signals tenants' preference to stay in current locations rather than relocate.

The flexible workspace sector in Prague has recorded its strongest five-year period in history, according to a report by Savills. As of December 2025, total flexible workspace stock reached 130,500 sqm, representing a 60% increase compared to 2019.

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.

This week’s news was dominated by annual financial results and industrial investment activity, alongside signals of tightening conditions in key office markets. Here are the most relevant stories shaping the regional market.

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

Prague's office market is experiencing a supply shortage that will continue through 2026, with vacancy rates dropping to just 5.9% - the lowest since early 2020, according to a report by Colliers. Despite strong demand, limited new construction is creating tension in the market.

European Logistics Investment (Eli) has finalised a lease renewal and expansion at its Warsaw Airport Park in Janki with Rohlig Suus Logistics. Under the agreement, Rohlig Suus Logistics extended its lease for the next 15 years and will expand to approximately 48,000 sqm, consolidating operations and becoming the sole occupier of the park's north building.

Romania's hospitality industry recorded the highest number of hotel nights in three decades during 2025, according to Colliers' annual report. Despite a challenging economic backdrop in H2 2025, interest in Romanian travel remained strong, particularly among foreign tourists who generated nearly 5 million overnight stays.

Shopping centres outside Bucharest were the most attractive real estate asset class for investors in 2025, accounting for almost 40% of the total transaction volume, according a new report by Cushman & Wakefield Echinox. Bucharest office buildings came second, with a 30% share in the total investment volume.