Four investors compete for Polskie Tatry

Hotels
POLAND Four potential investors have made it through to the next stage of the tender to buy Polskie Tatry.
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The four bidders in the privatisation process include a consortium made up of Wartico Invest and Mazur-Tourist, Nosalowy Dwór, Polskie Koleje Górskie and Zdrojowa Invest. The government is selling a 71.87 pct stake in Polskie Tatry, which offers tourist accommodation with 400 beds located mainly in Zakopane. Its assets include the Antałówka pensions, the Dolina Białego pensions, the Tatry hotel, and properties with a combined area of 20.4 ha.

Latest news

Retail & leisure

Poland Xtreme Fitness Gyms to open at Gemini Park Tarnów

schedule 22 September 2026
Opr./edited by AH

Gemini Park Tarnów is adding a new fitness and leisure concept. Xtreme Fitness Gyms, Poland’s largest fitness club network, will join the centre’s tenant line-up. The nearly 1,400 sqm club is scheduled to open in December 2026.

Sponsored article

Poland The FORM builds on proven performance at Rondo Daszyńskiego

schedule 09 September 2026

With occupier demand increasingly focused on prime, well-located buildings, Warsaw’s office market is becoming more selective. Around Rondo Daszyńskiego, one of the city’s most established business locations, this trend is particularly visible. The FORM is among the office assets benefiting from this shift: since opening in early 2025, it has become fully leased, attracted a diversified mix of public- and private-sector occupiers, and demonstrated substantial day-to-day use. Its performance to date, combined with the continued evolution of the surrounding district, reinforces its position as a trophy office asset.

Retail & leisure

Poland Castorama Studio Projektowe opens in Galeria Świdnicka

schedule 22 September 2026
Opr./edited by AH

Castorama Studio Projektowe has opened at Galeria Świdnicka, expanding the centre’s offer with interior design services. Customers can receive free support from professional designers in planning kitchens, bathrooms, wardrobes and other spaces.

Retail & leisure

Poland Retail parks strengthen their position in Poland

schedule 22 September 2026
Opr./edited by AH

Retail parks are strengthening their position as one of the key segments of Poland’s retail property market. Their share of new supply continues to grow, with developers pursuing projects in both major cities and smaller towns. At the same time, the format is moving beyond its traditional focus on discount stores and convenience retail. According to the 'Retail parks uncovered' investment report prepared by Avison Young in cooperation with CMS, Newgate Investment and PROH, Poland currently has 3.8 mln sqm of retail park space, accounting for 25 pct of the country’s modern retail stock. A further 746,000 sqm across 88 projects is under construction.

Retail & leisure

Poland Retail parks strengthen their position in Poland

schedule 22 September 2026
Opr./edited by AH

Retail parks are strengthening their position as one of the key segments of Poland’s retail property market. Their share of new supply continues to grow, with developers pursuing projects in both major cities and smaller towns. At the same time, the format is moving beyond its traditional focus on discount stores and convenience retail. According to the 'Retail parks uncovered' investment report prepared by Avison Young in cooperation with CMS, Newgate Investment and PROH, Poland currently has 3.8 mln sqm of retail park space, accounting for 25 pct of the country’s modern retail stock. A further 746,000 sqm across 88 projects is under construction.

Retail & leisure

Poland Retail parks strengthen their position in Poland

schedule 22 September 2026
Opr./edited by AH

Retail parks are strengthening their position as one of the key segments of Poland’s retail property market. Their share of new supply continues to grow, with developers pursuing projects in both major cities and smaller towns. At the same time, the format is moving beyond its traditional focus on discount stores and convenience retail. According to the 'Retail parks uncovered' investment report prepared by Avison Young in cooperation with CMS, Newgate Investment and PROH, Poland currently has 3.8 mln sqm of retail park space, accounting for 25 pct of the country’s modern retail stock. A further 746,000 sqm across 88 projects is under construction.

Residential

Poland Mill-Yon launches sales at Osiedle Brzechwy in Pruszków

schedule 22 September 2026
Opr./edited by AH

Mill-Yon has launched sales at Osiedle Brzechwy in Pruszków. The development will comprise five four-storey buildings with 289 apartments ranging from 27 to 114 sqm, with layouts from one to five rooms.

Retail & leisure

Poland Nhood launches eLeaseLoop in Poland

schedule 22 September 2026
Opr./edited by AH

Nhood has launched eLeaseLoop in Poland, a platform designed to streamline the short-term leasing of retail space. As of 21 September, the service is available at 16 shopping centres managed by Nhood.

Warehouse & industrial

Poland Phoenix Pharma stays with Segro

schedule 22 September 2026
Opr./edited by AH

Phoenix Pharma Polska has renewed its lease at Segro Logistics Park Warsaw, Pruszków, where it occupies 8,635 sqm of warehouse space and around 700 sqm of office and staff facilities.

Warehouse & industrial

Poland Krysiak expands at MLP Poznań West

schedule 22 September 2026
Opr./edited by AH

Krysiak has extended its lease at MLP Poznań West and taken an additional 3,813 sqm of warehouse space, doubling its footprint at the park. The company has been working with MLP Group for around six years and moved into the park in early 2020.

Retail & leisure

Poland Xtreme Fitness to Open at Gemini Park Tarnów

schedule 22 September 2026
Opr./edited by AH

Gemini Park Tarnów is adding a new fitness and leisure offering to its tenant mix. Xtreme Fitness Gyms, Poland’s largest fitness club chain, will open a new 1,400 sq m club at the shopping centre in December 2026.

Office & mixed-use development

Hungary Full façade closure for second stage of H2Offices

schedule 22 September 2026
Opr./edited by AH

The façade is now fully closed at Skanska’s H₂Offices Phase 2 in Budapest, while roof waterproofing is also complete. The building is now weather-tight, allowing interior works and the installation of mechanical and electrical systems to move forward.

Retail & leisure

Poland 4,750 sqm modernised at Galeria Jurajska

schedule 21 September 2026
Opr./edited by AH

Tenants at Galeria Jurajska in Częstochowa have modernised a total of 4,750 sqm of space since the start of 2026. Zara, Apart, Pitbull, Itaka and Wyjątkowy Prezent are among the brands that have completed upgrades.

Office & mixed-use development

Poland Łódź City Council to move to University Business Park

schedule 21 September 2026
Opr./edited by AH

Łódź City Council has leased 23,000 sqm at University Business Park on ul. Wólczańska. The move, planned for late 2027 or early 2028, will bring together 34 city offices and departments, with around 1,500 employees based at the new headquarters.

Retail & leisure

Poland Karuzela Ełk expands with HalfPrice

schedule 21 September 2026
Opr./edited by AH

Karuzela Ełk has signed a lease with HalfPrice, which will occupy a new 2,200 sqm standalone building. Construction is already underway.

Hotels

Poland Accor to open Tribe hotel at Kraków Airport

schedule 21 September 2026
Opr./edited by AH

Accor has signed a franchise agreement for the Tribe Kraków Airport hotel. Located next to the airport terminal, the 170-room property is scheduled to open in 2030.

Warehouse & industrial

Poland Sonepar extends 13,000 sqm lease

schedule 21 September 2026
Opr./edited by AH

Sonepar Polska has extended its lease for more than 13,000 sqm of warehouse space at Prologis Park Chorzów. The facility serves as the company’s distribution centre, supplying electrical products to business customers.

Warehouse & industrial

Poland ILS Leases 165,000 sqm at Panattoni Park Katowice Airport

schedule 21 September 2026
Opr./edited by AH

ILS, the logistics operator of Inter Cars Group, has leased more than 165,000 sqm at Panattoni Park Katowice Airport. The deal is one of the largest industrial and logistics leasing transactions in Silesia.

Construction

Czech Republic Budimex to rebuild the I/43 Road

schedule 21 September 2026
Opr./edited by AH

Budimex has begun reconstructing a more than 2-kilometre section of the I/43 road near Černá Hora in the Czech Republic. The CZK 250.2 mln contract (EUR 10.3 mln) covers the construction of a new road and two bridges.

Warehouse & industrial

Hungary Second building of Panattoni Park Moson completed

schedule 21 September 2026
Opr./edited by AH

Panattoni has completed a 24,000 sqm second warehouse at Panattoni Park Moson in Hungary, bringing the logistics park’s total capacity to almost 51,000 sqm.

Latest in Hotels

schedule 21 September 2026

Accor to open Tribe hotel at Kraków Airport

Accor has signed a franchise agreement for the Tribe Kraków Airport hotel. Located next to the airport terminal, the 170-room property is scheduled to open in 2030.

schedule 16 September 2026

Bucharest Hotel Market Set for Growth

Hotel revenues in Bucharest increased by 5 pct in the first half of 2026 compared with the same period last year, reaching a level 25.2 pct above pre-pandemic figures, according to Cushman & Wakefield Echinox.

schedule 11 September 2026

Bob W to open fifth Tallinn property at Krulli Quarter

Bob W has signed a long-term deal to operate a new aparthotel at Krulli Kvartal, part of the 10.2 ha regeneration of the historic Krulli industrial quarter in Tallinn. The property is scheduled to open in the first quarter of 2028.

schedule 09 September 2026

Prague moves into top 10 for hotel investment

More than 90 pct of European investors plan to maintain or increase their investment in hotel real estate in 2026, according to the latest CBRE survey. Prague has moved into the top 10 European cities for hotel investment, sharing seventh place with Copenhagen, Rome, Geneva and Athens.

schedule 31 August 2026

Mövenpick opens first Croatian hotel on Adriatic coast

Mövenpick has opened its first hotel on Croatia’s Adriatic coast in Novi Vinodolski. The resort includes 198 hotel rooms and suites, as well as 304 privately owned residences, with the first phase already on sale at prices starting from EUR 345,000.

schedule 28 August 2026

Poland’s hotel investment market slows as Warsaw leads CEE-6 supply growth

Hotel investment transactions in Poland were worth EUR 59 mln in the first half of 2026, down 24 pct year on year. At the same time, Warsaw is expected to be the fastest-growing hotel market among the CEE-6 capitals in terms of room supply in 2026, with a forecast increase of 7.2 pct.

schedule 17 August 2026

Green Development launches Wave Ustka Thermal & Spa

Green House Development is launching pre-sales of suites at Wave Ustka Thermal & Spa, the third development under the Wave brand on the Polish coast, located around a ten-minute walk from the centre of Ustka and around 120 km from the Tricity area.

schedule 05 August 2026

Mercure opens in Oradea

Accor has announced the opening of the Mercure Oradea. The new 90-room hotel is the hospitality group’s 26th location in the country. It is managed by local company Grand Hotel West under a franchise agreement, with Spark Hospitality as its operator.

schedule 27 July 2026

Saltic Zieleniec hotel under construction by Mirbud

Saltic, a Polish hotel developer and operator, has appointed Mirbud to construct its Saltic Zieleniec development in Duszniki-Zdrój with work to begin in early August 2026 and completion scheduled for July 2028.

schedule 20 July 2026

Marvipol launches Unique Hotel Kołobrzeg

Marvipol has launched sales for suites in its latest hospitality project, Unique Hotel Kołobrzeg. The five-star complex, comprising 227 suites, ranging in size from 25 to 104 sqm.will be built at ul. Sułkowskiego 7 in Kołobrzeg.

schedule 01 July 2026

Pbb refinances Radisson Blu Bucharest

Deutsche Pfandbriefbank (Pbb) has provided EUR 123 mln in investment financing to funds managed by Cerberus Capital Management and Revetas Capital for the refinancing of the Radisson Blu hotel complex in central Bucharest. The bank acted as the financing arranger and sole lender.

schedule 23 June 2026

Griffin and Primestar join forces

Warsaw-based private equity investment manager Griffin Capital Partners and Berlin-based hospitality operator Primestar Group have launched Prime Griffin Hotels, a 50/50 JV to build a Polish hotel platform.

schedule 07 May 2026

aHouse to build hotel in Grodzisk Mazowiecki

 aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real estate segment. 

schedule 04 May 2026

Swissôtel comes to Gdynia

In 2027, the first Swissôtel hotel in Poland will open in Gdynia. The project, being developed in partnership with Allenort Group, will be part of the Waterhall complex.

schedule 04 May 2026

Strong Warsaw hotel growth

According to the latest study by Cushman & Wakefield, Warsaw remains one of the strongest hotel markets in the CEE region. In 2025, the city recorded one of the highest RevPAR increases among CEE-6 cities, while also leading the growth in hotel room supply.

schedule 30 April 2026

RevPAR up by 12 pct

Bucharest’s hotel market recorded the strongest performances in Central and Eastern Europe (CEE) in 2025, with revenue per available room (RevPAR) increasing by 12 pct year-on-year, outperforming the CEE-6 average, according to a market analysis conducted by Cushman & Wakefield.

schedule 09 April 2026

Kempinski buys Augustine Hotel, Prague

Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought the Hotel Vier Jahreszeiten Kempinski Munich in 1970.

schedule 17 March 2026

Hotel transactions boom

The Czech hotel market is building on an exceptionally strong year in 2025, marked by a significant increase in transaction volumes and investor interest. According to Cushman & Wakefield, a total of 16 hotels were sold in the Czech Republic, representing 2,989 rooms and a total transaction volume of EUR 764 mln. Based on available data, this represents the highest annual transaction volume ever recorded on the Czech hotel market.

schedule 12 March 2026

Mercure expands in Romania

Mercure has signed a contract to develop a hotel in Craiova and has also announced it is to open the Mercure Oradea hotel.

schedule 27 February 2026

Lithuanians construct hotel in Gdańsk

Construction work on a hotel has been launched in the Wrzeszcz district of Gdańsk. Lithuanian 1 Asset Management is the investor and the developer is the Gdańsk-based Upside Property.

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Edition 6 (308) June 2026

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