CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
City, bridge city bridge

Insights

CEE Investment Market Update H1 2025

CEE investment Market Outlook 2025 analyse commercial real estate in Czech Republic, Hungary, Slovakia, Poland, Romania and Bulgaria.

Access report

The CEE commercial real estate investment market delivered a robust performance in H12025, with total volume reaching EUR 5.36 billion across seven markets (including expanded coverage to Serbia), representing aremarkable 51% year-on-year increase. This expansion builds on the strong recovery trajectory established in 2024.

The Czech Republic emerged as the regional leader, capturing 39% of total investment volume with EUR 2.08 billion, a striking 187% year-on-year increase that positions the market for a potential record-breaking full year. Poland, while maintaining its significance with EUR 1.71 billion (32% market share), experienced a modest 5% decline as the market stabilized following its exceptional 139% growth in 2024.

Slovakia delivered the most impressive growth rate at 315%, reaching EUR 536 million and accounting for 10% of the regional volume, driven primarily by large industrial portfolio transactions, including the landmark EUR 100 million (out of a total of EUR 470 million) Contera Portfolio acquisition by Blackstone. Hungary demonstrated a solid recovery, with 51% growth to EUR 275 million, while Bulgaria achieved 70% growth to EUR 154 million.

Sector distribution remained balanced, with industrial assets leading in Slovakia (58%), offices dominating in Bulgaria (70%) and Serbia (41%), while retail showed particular strength in Romania (42%). The H1 2025 performance—reaching nearly 60% of 2024's full-year total—indicates strong momentum heading into the second half, supported by regional economic resilience, yield stabilization, and the continued return of institutional capital.

MEET THE TEAM

jeffalson
Jeff Alson

International Partner, Head of Capital Markets CEE
Prague, Czechia


Download VCard

Michal Soták.jpg
Michal Soták

Partner, Head of Capital Markets CZ
Prague, Czechia


Download VCard

PaweS_Partyka
Paweł Partyka

Partner
Warsaw, Poland


Download VCard

Mike Edwards
Mike Edwards

Head of Capital Markets Hungary
Budapest, Hungary


Download VCard

Rudolf Nemec updated
Rudolf Nemec

Partner, Head of Capital Markets Slovakia
Bratislava , Slovakia


Download VCard

Related Insights

city, cover
Insights

CEE Investment Market Update H1 2025

CEE investment Market Outlook 2025 analyse commercial real estate in Czech Republic, Hungary, Slovakia, Poland, Romania and Bulgaria.
Marie Baláčová • 05/09/2025
Uvodka_CWInsightsOutlook_H2_2025_750x456.png
Video • Economy

What you need to know about commercial real estate market | Outlook H2 2025

Explore our real estate market snapshot, a video overview of the commercial real estate market developments presenting the key trends in real estate investment, logistics, office, retail and hospitality sectors.
Marie Baláčová • 01/09/2025
Czech Republic MarketBeats Teaser Image.jpg
MarketBeat

Czech Republic MarketBeats

MarketBeat reports analyse quarterly Czech Republic commercial property activity across office, retail, industrial and hotel real estate sectors including supply, demand and pricing trends at the market and submarket levels.
Kamila Breen • 28/07/2025
coworking
Research

Coworking and Serviced Offices

Explore the dynamics of the flexible offices in the Czech Republic.
Kamila Breen • 16/04/2025
Fit Out Cost Guide
Research • Workplace

EMEA Office Fit Out Cost Guide - Czech Republic

Discover the essential data for planning and budgeting your office transformation in the Czech Republic with our Office Fit Out Cost Guide 2025. Begin optimizing your workspace in key cities like Prague today!
24/03/2025
25009_ European Luxury Retail report 2025_Web Card (SMALL) 750x456px.png
Research

European Luxury Retail

Explore the dynamics of the European luxury retail real estate market.
Sally Bruer • 10/03/2025
office, statistics, laptop
MarketBeat

CEE MarketBeats

Cushman & Wakefield MarketBeat reports analyse quarterly commercial real estate activity in the CEE region (Czech Republic, Hungary, Poland, Romania, and Slovakia) across office, retail, industrial and hospitality real estate sectors.
Marie Baláčová • 17/02/2025
European Retail Logistics
Research

Revolution in Retail Logistics

The retail sector is adapting to new challenges and optimizing logistics for more efficient operations.
28/11/2024
Prague, Czech Republic
Research • Economy

Czech Real Estate Market View

A regular update on the commercial real estate market in Czech Republic.
Marie Baláčová • 27/04/2023

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies
MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
Save settings