Hotels are attracting growing interest from investors across CEE as strong operating performance and rising travel demand improve the sector’s fundamentals. At the same time, liquidity in prime markets and the emergence of new buyer groups are reshaping how hospitality fits within broader real estate portfolios. In an interview with Property Forum, Jakub Stanislav, Head of Investment Properties and Head of CEE Hotels at CBRE Czech Republic, discusses the outlook for hotel investment in 2026, the role of local capital in major transactions and which markets are likely to attract the most attention from investors.

Royal Town, the residential project in Iași, has announced a new development phase, with construction of the 12th building set to begin in April 2026.

Czech investment company ZDR Investments has completed two acquisitions on the Austrian market for its qualified investor fund Zdr Fki. The company acquired the PRO shopping centre in Linz's Urfahr district and Amstetten West retail park in the Mostviertel region for a combined value of €50 million.

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. 

Shopper Park Plus' successful capital raise covering approximately 50% of the transaction value has enabled the acquisition of a strategic portfolio of eight Auchan hypermarket anchored assets across Poland, with the remaining amount financed through a loan facility signed with Aareal Bank AG last week, marking a significant milestone in the company’s continued expansion within food-anchored retail real estate. The favourable financing terms further enhance the portfolio’s strong cash-flow generating capacity and support SPP’s intention of increasing dividend per share in the future.

7R, the property developer of logistics and industrial facilities with operations in Poland and Czechia, is entering the German market and signed an SMA partnership to invest €200 million in the development of industrial, warehouse and logistics projects across the country.

Gránit Asset Management is pursuing a focused investment strategy across a corridor of Central and Eastern European capitals. In this interview, Álmos Mikesy, CEO of Gránit Asset Management, explains the thinking behind the firm’s “5B Strategy”, why high-quality offices remain a core part of the portfolio and where the company sees the best entry opportunities as the regional real estate cycle begins to shift.

Accor has announced the signing of a franchise agreement with Romanian investor MKS PROD to open a new Mercure hotel in Craiova, the second largest city in southern Romania.

The city of Świecie, a town in northern Poland's Kuyavian-Pomeranian Voivodeship, has unveiled a comprehensive masterplan for the revitalisation of its 14th-century Teutonic Castle, viewing the historic fortress as the foundation for a new cultural and educational identity rather than merely a medieval relic.

Big Poland has acquired a retail park project in Dzierżoniów, becoming the 11th retail park in its Polish portfolio.