Developers remain hesitant to build warehouses speculatively in locations near Warsaw. Meanwhile, companies looking to expand there expect greater choice and flexibility in negotiations. This impasse is likely to be broken by projects now breaking ground in the region, according to experts from the Industrial and Warehouse Department of Newmark Polska.

According to data from Cushman & Wakefield, Poland’s commercial property investment volume hit approximately €5 billion in 2024, marking a strong rebound of around 140% year-on-year. Additionally, Polish capital significantly increased its share of investment activity, with transactions totalling €444 million last year - an almost threefold rise from 2023. However, for this momentum to continue, systemic solutions such as the adoption of the long-awaited REIT legislation are necessary. If implemented, these measures would help prevent a potential outflow of Polish investors from the real estate market, especially when yields begin to harden. 

Bucharest has seen a 12% increase in average office fit-out costs in 2024, surpassing €1,000 per sqm, but this level is still among the lowest in capital cities across CEE, according to Cushman & Wakefield Echinox research.

The Cimex investment group has been focusing on hotel, office and residential projects. The company is responding to Prague's market changes and new trends by transforming older office buildings into modern housing. 

The Wing Group recorded sales close to €300 million during 2024 over commercial and residential transactions across Germany, Poland and Hungary.

Tomáš Jandík, CFA, MRICS, former CEO of the Czech real estate fund for retail investors, has founded a private equity real estate advisory and investment management company, the Crestpoint Capital Partners.

Romania is preparing for a wave of new hotel openings in 2025-2026, solidifying its position as an attractive tourist destination in CEE, according to a report by Colliers.

Hagag Development Europe is preparing to reopen the Știrbei Palace on Calea Victoriei, in H2 2025, as a luxury department store. 

Mateusz Dereszyński, Partner and Head of Banking and Finance at Eversheds Sutherland Polska, talked to Property Forum about the availability of financing in Poland, the importance of ESG for banks and the investment forecasts for 2025.

Donald Trump has secured the necessary electoral votes to secure a second term, raising questions about how his presidency will influence real estate markets in Europe and CEE.