The Central and Eastern European (CEE) office market experienced a slowdown in Q1 2025, with demand easing and few new projects delivered, according to data from Cushman & Wakefield Echinox. However, early signs of recovery are emerging as developers prepare for a wave of new deliveries in the coming years. Demand Eases, But Future Growth Anticipated In the first quarter of 2025,
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The year 2025 has started on a challenging note for the Greek construction sector, as recent data from the Hellenic Statistical Authority (ELSTAT) reveals a significant decline in building activity across the country. Key metrics, including the number of permits issued, surface area, and volume, have all seen substantial decreases, raising concerns about the near-term outlook for the industry. Steep Decline in
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Falling interest rates and easing monetary policy across the eurozone and Central and Eastern Europe (CEE) are boosting investor confidence in the region’s commercial real estate (CRE) market, according to Colliers’ recent Beyond Real Estate Economy report. The European Central Bank (ECB) cut its key interest rates by 25 basis points on April 17, 2025, marking the seventh consecutive reduction since June
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Despite global economic headwinds and reduced foreign investment in 2024, Slovenia’s real estate sector has shown remarkable resilience and is poised for continued growth in 2025, according to Colliers’ latest market report. The country’s macroeconomic fundamentals remain solid, with GDP expected to rise by 2.5% next year, up from 1.6% in 2024. Inflation slowed to 1.9% in 2024, prompting the European Central
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The Cyprus high-end property market demonstrated a significant and encouraging rebound in February 2025, with the aggregate value of the top 50 transactions across the island reaching an impressive €64.8 million. This resurgence, detailed in a comprehensive report released on Monday by Ask Wire, a prominent Cypriot real estate data analytics firm, signifies a strong recovery following earlier market fluctuations. The data
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