Colliers experts note that a change in investors' attitude is observed on global commercial real estate markets. In the face of geopolitical tensions, duties and trade challenges, European countries increase cooperation and investments, which positively affects the real estate sector.
In the region of Central and Eastern Europe, the Czech Republic with the result of EUR 1.5 billion was a leader in terms of investment value. Poland came second, ahead of, among others Hungary, Romania and Slovakia.
The report emphasized that Poland stands out from the region with forecast economic growth – at the level of 2.9 percent. in 2025, which exceeds the forecasts for the Czech Republic (1.1 percent), Slovakia (2.1 percent), Bulgaria (2.8 percent) or Hungary and Romania (0.5 % and 0.8 percent, respectively). In addition, interest rates started by the NBP in May have a beneficial effect on the market.
Colliers points out that low interest rates, nearshoring trend and strong macroeconomic foundations drive investors' interest in assets in the region, especially in logistics areas, data centers and rental apartments.
Warsaw with the most attractive market
Warsaw was assessed as the most attractive investment market in Central and Eastern Europe in terms of capitalization – It offers higher phrases than Western Europe, at the same time lower risk than other rising markets of the region.
Despite persistent uncertainty, top office locations in European metropolises – including In Paris – they note high activity of tenants, which translates into an increase in rent rates. On the other hand, the total value of the transaction still remains below the average from 2019-2023.
Experts also pay attention to the growing role of the defense and infrastructure sectors, which contribute to increased demand for industrial and logistics real estate. Investments in hotels and dorms are also more and more popular.
The European leaders in terms of transaction volume were: Spain (EUR 4.3 billion), Sweden (EUR 3.71 billion), France (EUR 3.4 billion) and Italy (EUR 2.7 billion). Among the largest transactions were, among others Acquisition of the Spanish Operator of the NAPIAX data centers by the Aermont Capital Fund for EUR 1 billion and the purchase of a portfolio of defense real estate by the Swedish Fortification Agency for 747 million euros.
