Commercial Real Estate in Uzbekistan: 2026 Trends and Opportunities

Commercial real estate remains one of the most attractive segments for investors. Market trends include growing demand for modern office space, the development of warehouse complexes in suburban areas, and the expansion of retail space in new residential districts. Tips for investors: check the developer’s reputation, analyze transport accessibility, and forecast the property’s returns. Forecast: in 2026, prices in the retail space segment are expected to rise by 10–15%, while warehouses are becoming a new “golden” direction for long-term investments. Conclusion: commercial real estate in Uzbekistan is not only a source of stable income, but also an opportunity to diversify an investment portfolio.