Tag: Lithuania (1 articles)

Real estate   |   1 October, 2026 at 4:51 PM

Colliers report flags Czech retail ageing across the board

More than two-thirds of modern retail space in the Czech Republic is over 15 years old, according to Colliers' ExCEEding Borders Retail 2026 report. Across the six major Central and Eastern European countries and the Baltic states combined, approximately 33.3 million sqm of modern retail space exists, of which roughly 20 million sqm, or around two-thirds, is older than 15 years. The Czech Republic's share stands at 69%, placing it among the more mature markets in the region.

RECOMMENDED FROM THE HOME PAGE
Bucharest yields remain well above Western European levels
Real estate

Bucharest yields remain well above Western European levels

Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.

Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.