According to Open4business, office property regained its position as the leading sector for commercial property investment in Central and Eastern Europe in the first half of 2026, as shown by data from Colliers.
Offices accounted for 29 per cent of total investment in the CEE-6, compared with 23 per cent a year earlier. With a total market volume of €5.8 billion, this corresponds to approximately €1.7 billion in investment.
Retail property became the second-largest segment, with a share of 27 per cent, compared with 21 per cent in the first half of 2025.
Investor interest in residential and ‘living’ properties grew even faster, with its share rising from 7% to 19%.
At the same time, industrial and logistics property – which, just a year ago, was the largest segment of the market – saw its share fall from 31 per cent to 17 per cent. This was due not only to changes in activity within the warehouse market itself, but also to the rapid growth in transactions across other property classes.
Colliers notes that in the office segment, investors are primarily looking for modern buildings in attractive locations with high energy efficiency and a stable stream of rental income.
The situation is becoming more challenging for outdated office buildings. They must either be modernised or may be considered for redevelopment.
Consequently, the structure of the Central and Eastern European (CEE) market is gradually changing: after several years of dominance by logistics, capital is once again flowing more actively into traditional offices and retail property, whilst institutional housing is emerging as a major investment segment in its own right.