CEE Investment Market Rebounds as Transaction Volumes Rise 20% in H1 2026
CEE’s investment market gained momentum in H1 2026, with transaction volumes reaching €5.5 billion, up 20% year-on-year. The broad-based recovery saw €100 million-plus deals return across every major sector, while regional capital remained active and Western European investors began returning to the market.
The CEE investment market continued its recovery in H1 2026, with investor confidence strengthening and activity becoming more diversified across countries and asset classes. Office and living were key drivers, while retail also saw a notable rebound. Investors remained selective, favouring well-located assets with stable income and value-add potential. The positive momentum has continued into H2, with a strong transaction pipeline pointing to a potentially very strong year for the region.
Czechia recorded €1.43bn, led by office and living, with domestic capital accounting for 74%. Hungary reached €606m, up 60% YoY, driven by office and a strong retail recovery. Poland remained highly active, with €782m in industrial and €594m in office investment, alongside growing domestic and returning Western capital. Romania saw a quieter H1, led by office (€135m) and retail (€77m), but a strong pipeline points to a significantly stronger second half. Slovakia recorded €128m in office investment, with activity expected to strengthen as transactions in the pipeline progress. Serbia experienced a temporary slowdown, with no major publicly disclosed transactions, although fundamentals and investor sentiment remained resilient.
Head of Capital Markets CEE
