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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.
Warehouse & industrial
Construction of Panattoni Park Warsaw North III in Nadma near Warsaw has been completed. Harden Construction, the general contractor, has completed Hall A, which has almost 15,800 sqm of space. An occupancy permit has already been granted. The complex occupies a site of more than 121,000 sqm.
Residential
Matexi Polska has sold more than 75 pct of the apartments in the second stage of its Sady Żoliborz development in Warsaw. Around a dozen units remain available, mainly two-bedroom apartments, along with some three- and five-bedroom units.
Residential
An office building at ul. Żurawia 8 in Warsaw is being converted into a residential building by MS Investments and RR Enterprises. The project will comprise 69 apartments ranging from 40 sqm to 80 sqm. Dutch architectural studio MVSA is designing the project together with APMD, which is based in Warsaw.
Retail & leisure
British used-electronics retailer CeX has opened its first store at Wola Park shopping centre in Warsaw. The 170 sqm store is located on the first floor, next to RTV Euro AGD.
Hotels
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.
Office & mixed-use development
Takeda has moved its Warsaw office to Studio A at Fabryka Norblina. The new office occupies 1,000 sqm.
Investment & finance
Bucharest is gaining ground among Europe’s more attractive real estate markets, supported by rental growth across major sectors and investment yields that remain well above Western European levels, according to Cushman & Wakefield’s ‘DNA of Real Estate Europe Q2 2026’ report.
Warehouse & industrial
CTP has signed more than 104,000 sqm of new leases at CTPark Iłowa in western Poland, including a major deal with a Chinese fast-fashion e-commerce platform, as Asian-linked businesses expand their European supply chains.
Residential
The Polish new-build housing market continued to recover over the summer. According to the latest Housing Price Barometer from Tabelaofert, around 4,200 new homes were sold across the country’s seven largest markets in August, almost 50 pct more than a year earlier.
Office & mixed-use development
The Shire – Beyond Coworking will remain at Centrum Biurowe Korona in Kraków. The premium serviced office operator has extended its lease for approximately 2,500 sqm in the Galileo building.
Retail & leisure
Fort Wola is expanding its offer with four new brands. Monnari and Ale Skarpety have already opened stores at the shopping centre, while Wędzarnia Dunikowscy and Starbucks will join them in September and October. The four new units occupy more than 500 sqm in total.
Retail & leisure
Lidl has opened a new store in Nowy Dwór Mazowiecki. The store at ul. gen. J. Bema 7 was built by Rutkowski Construction on behalf of Rutkowski Commercial, which remains the property owner.
Office & mixed-use development
LPP, owner of the Reserved, Cropp, House, Mohito and Sinsay brands, has relocated its Warsaw office to Saski Crescent. The company has taken 2,000 sqm of space combining offices, a showroom and business meeting areas. Colliers advised LPP on the lease, while its Colliers Define team was responsible for the interior design and fit-out.
Warehouse & industrial
Panattoni has started construction of City Logistics Łódź V. The new logistics park on Lodowa Street will ultimately offer more than 42,700 sqm of space. One of the project’s tenants will be Zadbano, which has leased approximately 8,400 sqm.
Office & mixed-use development
Warsaw’s V Tower office building is undergoing the “Building Without Barriers” certification process conducted by the Integracja Foundation. The process is part of a comprehensive modernisation of the building, including the refurbishment of the lobby, replacement of lifts and solutions designed to improve acoustics and safety.
Warehouse & industrial
Hillwood Polska has signed lease agreements with one of the world’s largest e-commerce platforms for more than 65,000 sqm of warehouse space at Hillwood Syców and Hillwood Poznań – Czempiń. The deals bring both logistics parks to full occupancy.
Office & mixed-use development
Kraków city centre remains the city’s leading office location. In the first half of 2026, occupier demand for central locations increased, while developer activity remained limited. According to Newmark Polska’s Office Occupier – Kraków Office Market report, rising vacancy outside the city centre and limited new supply are creating increasingly different conditions across Kraków’s office market.
Retail & leisure
LPP has reached the 4,000-store milestone, strengthening its position as one of Europe’s leading fashion retailers. The Gdańsk-based group, owner of Reserved, Cropp, House, Mohito and Sinsay, is present in 47 markets, with its retail network covering more than 3.2 mln sqm across three continents.
Investment & finance
Poland is strengthening its position among developed markets. S&P Dow Jones Indices has decided to reclassify the country from an emerging to a developed market. The change will take effect in September 2027, when Poland will join the S&P Developed BMI as the 27th country in the index. FTSE Russell and STOXX already classify Poland as a developed market.
Poland’s construction sector is facing increasing labour shortages, with the industry short of around 150,000 workers. Turnover among engineers has reached 42 pct, according to Randstad’s latest report, 'Labour Market in the Construction Sector: Trends, Challenges and Recruitment Strategies for 2026'. Demographic changes, rising employee expectations and the sector’s shift towards Construction 4.0 are adding to the pressure.
Cost remains a decisive factor in construction tenders, but investors are increasingly looking beyond the upfront price. For production facilities and warehouses, factors such as delivery time and technical specifications are now being considered alongside a building’s carbon footprint over its entire life cycle.
Construction material prices are rising significantly more slowly than inflation, with prices in some categories even falling. Despite this, the situation for construction companies remains challenging. The number of corporate insolvencies in the sector rose by 31.3 pct year on year, while the number of restructuring proceedings almost doubled. Weaker demand, high labour costs and pressure on liquidity are among the main challenges facing the industry.
Poland’s residential construction market is slowing, with 936 projects put on hold over the past year. Yet investors continue to prepare new projects, with activity in planning and design on the rise. According to Kompas Inwestycji, 1,219 projects reached the foundation stage or moved into construction between August 2025 and July 2026.
The Territorial Planning, Urbanism and Construction Code (CATUC) is expected to have a significant impact on Romania’s real estate market. Two measures are likely to be particularly important: tighter limits on how much can be built on a site and a new infrastructure payment, the cost of which has yet to be determined, according to Crosspoint Real Estate.
Work is progressing on the High-Speed Rail (KDP) tunnel in Łódź, part of the Port Polska project. At the launch chamber in Retkinia, the concrete support for the Tunnel Boring Machine (TBM) shield has been completed, while the first components of the machine are being assembled on site. Tunnelling on one of Poland’s most important underground railway projects is due to begin in 2027.
The construction of Poland’s first nuclear power plant has reached an important milestone. Bechtel, the project’s general contractor, is taking over management of the construction site from Polskie Elektrownie Jądrowe (PEJ). At the same time, Budimex, one of Poland’s largest construction companies, has begun the earthworks.
Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massive Port of Poland (or CPK) transport hub, which is being developed between Warsaw and Łódź.
A significant stage in the assembly of the new main building of the Henryk Arctowski Antarctic Station has been completed.
The value of the 960 largest construction projects in Poland is already more than PLN 1 tln and continues to rise, driven by a wave of infrastructure and energy megaprojects.
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figure is much lower at only 36 pct.
Dekpol Budownictwo is eentering Romania. In December 2025, the company signed an agreement with a developer to carry out design work for the first stage of a 20,000 sqm logistics park in Bucharest.
According to the report 'Polish Construction Companies 2025' prepared by Deloitte, the construction industry continues to play a major role in Poland’s GDP. Its overall condition directly influences national infrastructure development and the real estate market.
The renovation of a townhouse on ul Targowa in Warsaw's Praga district is nearing completion. The work was funded by the housing association with financial support from the city.
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction groups in 2023 amounted to PLN 152 bln, which accounted for more than 60 pct of the revenues of the entire sector of medium and large construction companies.
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office property, The Arc. The investment will bring a ten-story, class A office building to the 6th District of Bucharest.
In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real estate industry at the moment. In addition, the expert survey focused on the effects of megatrends such as demographic developments, digitalisation and urbanisation.
According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated buildings made of wood, steel, concrete, or LECA generated revenue of nearly PLN 10 bln in 2022, with 47 pct of the figure contributed by sales in the modular building segment.
Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement projects in the energy and key industrial, infrastructural and military sectors across Poland.
Moscow city authorities have “asked” development and construction companies to enlist their workers to fight in the war in Ukraine in exchange for orders. One of these corporations is to provide the Russian defence ministry with 30 volunteers ready to be posted to the front by the end of August.
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
Poland’s construction sector is facing increasing labour shortages, with the industry short of around 150,000 workers. Turnover among engineers has re ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According ...
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
PAD RES Group has launched two identical solar farms in Biesiekierz municipality, Koszalin district. The installations have a combined capacity of 24 ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
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 ...
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Polish State Railways (PKP) has launched a tender to appoint a contractor to build a new railway station in Łapy, with bids due by 28 August. Construc ...
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
Bucharest is gaining ground among Europe’s more attractive real estate markets, supported by rental growth across major sectors and investment yields ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Takeda has moved its Warsaw office to Studio A at Fabryka Norblina. The new office occupies 1,000 sqm.
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Matexi Polska has sold more than 75 pct of the apartments in the second stage of its Sady Żoliborz development in Warsaw. Around a dozen units remain ...
British used-electronics retailer CeX has opened its first store at Wola Park shopping centre in Warsaw. The 170 sqm store is located on the first flo ...
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
Construction of Panattoni Park Warsaw North III in Nadma near Warsaw has been completed. Harden Construction, the general contractor, has completed Ha ...
June 2026
Who will win and who will lose with changes to the land market
Who will win and who will lose with changes to the land market
Walter Herz
The biggest change to the land market in years is on the horizon. The spatial planning reform will mean that plots previously considered attractive may lose value, while land with ...
Sales up, supply down
Sales up, supply down
JLL Polska
In the first quarter of 2026, the Polish housing market recorded a significant increase in sales. A total of 12,900 apartments were sold across the country's seven largest cities ( ...
Rent isn't everything. The real costs of leasing warehouse space
Rent isn't everything. The real costs of leasing warehouse space
Newmark Polska
Choosing a new warehouse takes much more than simply comparing rental rates across a few or even a dozen centres. With rising energy costs and varying technical standards, the actu ...