Altus sold to Izera

Investment & finance
POLAND A buyer has finally been found for the Altus building in Katowice: Izera, which has bought the property for PLN 185 mln after three public auctions.
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The proceeds from the sale will be used to repay the debts of the building’s previous owner, Kredyt Bank subsidiary Reliz, which is currently in liquidation. Initially the building was offered for sale with a starting price of PLN 260 mln, but this was reduced to PLN 195 mln in the second auction and PLN 175 mln in the third. The 125m Altus building on ul. Uniwersytecka is the tallest building in Katowice and offers a total area of 69,000 sqm, with a Qubus hotel, a nine-storey Helios cinema, some offices and a shopping arcade. The building was completed in 2003.

Latest news

Residential

Poland Residential market ready for consolidation

schedule 18 March 2026
Opr./edited by AH

Rising land costs, the need to rapidly scale operations, and company succession challenges will lead to a wave of mergers and acquisitions over the coming years, according to the 'Mergers and Acquisitions in the Polish Residential Market' report published by JLL Living and Crido.

Office & mixed-use development

Poland Five new tenants announced for Fuzja

schedule 18 March 2026
Opr./edited by AH

The Fuzja complex on ul. Tymienieckiego in Łódź has leased retail and service space to five new tenants including to a new restaurant, a wine bar, a florist's, and a beauty salon. The openings are scheduled for April and May.

Investment & finance

Poland Investment returns

schedule 18 March 2026
Opr./edited by AH

According to Joanna Sinkiewicz, managing director of Accolade in Poland, this year's MIPIM trade fair in Cannes saw significantly more talk about specific projects and potential transactions compared to last year.

Warehouse & industrial

Poland Hillwood signs up Yoer

schedule 18 March 2026
Opr./edited by AH

Household appliance manufacturer Yoer has leased nearly 5,000 sqm in the Hillwood Poznań-Czempiń warehouse complex.

Events

Poland Investment Conference fast approaches

schedule 18 March 2026
Opr./edited by AH

On March 26th in the NYX Hotel in Warsaw, the 12th Eurobuild Commercial Real Estate Investment Conference is to be held to examine the investment market across Poland and the broader CEE region. The event is to be attended by investors, developers, financial institutions and consultants to discuss the current condition of the market and predictions for the coming years.

Retail & leisure

EMEA region Retail improves across the region

schedule 18 March 2026
Opr./edited by AH

The outlook for the region’s retail landscape is improving as consumer confidence, spending, and investor sentiment continue to stabilise after several years of economic variability, according to the findings of ‘EMEA Retail Snapshot – March 2026’ published by Colliers.

Warehouse & industrial

Germany Patac comes to Duisburg

schedule 18 March 2026
Opr./edited by AH

Logistics operator Patac has signed a 7,300 sqm lease agreement with Garbe Industrial for space in the Multi-User Park in Duisburg. 

Technology

Poland Skanska installs NHIB in Studio A

schedule 18 March 2026
Opr./edited by AH

Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its Studio A office development in Warsaw. StarNet Telecom, in collaboration with technology partner Vector, was responsible for the design and installation of the system.

Office & mixed-use development

Poland Record-breaking annual take up in Kraków

schedule 17 March 2026
Opr./edited by AH

According to the latest ‘Kraków Office Market 2025’ by Axi Immo, the Kraków office market closed 2025 with high demand and a clear division between central and non-central locations. According to Axi Immo, tenant activity reached 270,000 sqm, its highest ever recorded figure, while new supply came to just 10,000 sqm.

Office & mixed-use development

Poland SB Software stays on in Black Pearl

schedule 17 March 2026
Opr./edited by AH

SB Software has renewed its 700 sqm office lease in the Black Pearl building in Szczecin, owned by Idea-Inwest. 

Warehouse & industrial

Poland Geodis signs up with Prologis

schedule 17 March 2026
Opr./edited by AH

Global logistics provider has leased 9,600 sqm of warehouse and office space at Prologis Park Teresin. The agreement includes 200 sqm of office space, which Prologis will fully adapt to Geodis's needs.

Warehouse & industrial

Poland Sellpy moves to Wrocław Campus 2

schedule 17 March 2026
Opr./edited by AH

Second-hand online goods trader Sellpy has leased a distribution warehouse in Pannatoni Wrocław Campus 2. Sellpy, a digital platform for secondhand and other products, will launch a distribution warehouse in Wrocław, occupying approximately 38,000 sqm.

Hotels

Czech Republic Hotel transactions boom

schedule 17 March 2026
Opr./edited by AH

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.

Warehouse & industrial

Bulgaria Groundbreaking ceremony at Sofia Airport Park

schedule 17 March 2026
Opr./edited by AH

Revetas Capital has begun construction work on the B04 logistics building at Sofia Airport Center. The mixed-use centre combines offices with logistics in a prime location adjacent to Sofia International Airport.

Warehouse & industrial

Poland More data centre investment for Europe

schedule 17 March 2026
Opr./edited by AH

The growing demand for artificial intelligence and cloud services is driving the growth of the data centre market in Europe, according to CBRE's 'European Data Centers' report. Poland is starting to play an increasingly important role in this process.

Warehouse & industrial

Poland Wind turbines from Legnica

schedule 17 March 2026
Opr./edited by AH

Windar Renovables is launching its second wind turbine tower manufacturing plant. The company has leased nearly 29,000 sqm of industrial and warehouse space and a storage yard of nearly 41,000 sqm CTPark Legnica.

Office & mixed-use development

Poland Sick moves into Campus

schedule 16 March 2026
Opr./edited by AH

Industrial sensor manufacturer Sick has leased space in the Campus 160 office complex at Al. Jerozolimskie 160 in Warsaw. The company has leased over 800 sqm of office space as well as storage space in the underground car park. The landlord is Orange Polska.

Retail & leisure

Poland Zdrofit continues to grow

schedule 16 March 2026
Opr./edited by AH

The Zdrofit fitness club chain has opened two new clubs in Warsaw. Benefit Systems currently operates 294 clubs across Poland, with a total of over 420,000 sqm of training space.

Retail & leisure

Poland Cinema City to open in Tarnów retail park

schedule 16 March 2026
Opr./edited by AH

A Cinema City cinema will open in a shopping complex being developed by Redkom Development on ul. Lwowska. It is to be one of the first cinemas in a retail park in Poland.

Property and Facility Management

Poland JLL takes on Equal Business Park

schedule 16 March 2026
Opr./edited by AH

JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other exclusive mandates in the city include K1, Porto Office, The Park Kraków, M65 Meduza, and Unity Centre.

Latest in Investment & finance

schedule 18 March 2026

Investment returns

According to Joanna Sinkiewicz, managing director of Accolade in Poland, this year's MIPIM trade fair in Cannes saw significantly more talk about specific projects and potential transactions compared to last year.

schedule 12 March 2026

Brain Park A sold

Echo Investment has sold the Brain Park A office building in Kraków to the SCPI Transitions Europe fund, managed by Arkéa REIM. The building comprises nearly 14,000 sqm of leasable space and is BREEAM certified with a rating of Excellent.

schedule 11 March 2026

Germany still core

Germany remains one of the most important markets for commercial real estate investment, although investors are increasingly monitoring the economic situation and structural challenges, according to the 'Trendbarometer' study prepared by Berlin Hyp, based on a survey of over 100 industry experts in March.

schedule 10 March 2026

Ireks plans centre near Bucharest

International manufacturer of bakery ingredients Ireks, has acquired a 1,3 ha plot in Chitila, near Bucharest, where it plans to build a new administrative facility with a customer service centre and a warehouse.

schedule 09 March 2026

CEE ready for the rebound

Real estate investment activity across Central and Eastern Europe (CEE) is gaining momentum, with total volumes reaching EUR 11.3 bln in 2025, up 34 pct year-on-year and 24 pct above the five-year average, according to the latest Investment Report CEE 2025 published by Knight Frank. The increase reflects stronger activity from domestic and regional investors, highlighting the growing role of CEE markets within the European investment landscape.

schedule 06 March 2026

Ceetrus and Auchan sell to Adventum

Ceetrus and Auchan have sold eight commercial properties in Poland to Adventum Group. The sale was coordinated by Nhood, who represented Ceetrus, the co-owner of the assets.

schedule 06 March 2026

7R goes into partnership

7R has signed a partnership with an SMA to invest EUR 200 mln in the development of modern industrial, warehouse and logistics projects across Germany.

schedule 05 March 2026

BIG buys into Dzierżoniów

BIG Poland has acquired a retail park project in Dzierżoniów in the Lower Silesia region. The project is to be the eleventh park in the company’s portfolio.

schedule 04 March 2026

Urban Partners sells care homes

 Urban Partners has announced the divestment of six modern care and nursing homes in Sweden on behalf of Nordic Strategies Fund III (NSF III). The portfolio has been acquired by Northern Horizon through its Aged Care Social Infrastructure Fund (ACSIF).

schedule 03 March 2026

Park Center portfolio disposal completed

Revetas Capital,, has announced the finalisation of the sale of the Park Center Hungary portfolio to Gránit Asset Management acting on behalf of Magyar Posta Takarék Real Estate Investment Fund. 

schedule 03 March 2026

Fidurock buys two Prague townhouses

The real estate investment group Fidurock has purchased two historic apartment buildings at Sokolská 35 and Sokolská 37 in the immediate vicinity of Wenceslas Square.

schedule 03 March 2026

Family Office Noack consolidates ownership of Zeitgeist

Family Office owned by, Sebastian Junghänel, has sold its shares in Zeitgeist Asset Management to Family Office Noack, ending the long-standing collaboration between the partners.

schedule 27 February 2026

PKO refinances ELI

Logistics platform European Logistics Investment secured EUR 136 mln in financing from PKO Bank Polski to refinance existing assets in the company's portfolio.

schedule 27 February 2026

Appennin buys Dunlop centre

Hungarian-based Appeninn has acquired the Goodyear logistics centre in Tarnów. The sale was brokered by Indotek Group. 

schedule 27 February 2026

Retail centres outside Bucharest attracting investors

Shopping centres located outside the Romanian capital were the most attractive asset class for investors in 2025, accounting for nearly 40 pct of the total transaction volume, according to the Romania Marketbeat Investment H2 2025 report. Office buildings in Bucharest came in second with a 30 pct share of the total investment volume.

schedule 24 February 2026

Office sector stands predominant

The office sector is strengthening its dominant position within the structure of investment transactions in Poland. This is supported by the record-high demand for office space in the country’s largest office hubs, alongside a deepening shortage of new supply. The limited availability of modern space in prime locations is driving rental growth, improving asset profitability, and increasing investor interest in office real estate.

schedule 24 February 2026

Napollo moves into Logistics

Napollo has announced that it is to invest in logistics properties alongside its retail and residential business lines.

schedule 24 February 2026

Centrescape buys Lidzbark grocery store

Centerscape has acquired a Biedronka-anchored grocery store in the town of Lidzbark in Warmia-Masuria. The property is located opposite a retail park and a DIY store in the town, forming a convenient everyday shopping destination for local residents.

schedule 23 February 2026

Calm year for investment markets

In 2025, the value of investment transactions in the Polish commercial real estate market reached EUR 3.98 bln, according to the latest figures from the ‘Investment Market in Poland – Q4 2025’ review published by BNP Paribas Real Estate. Q4 confirmed the market's resilience and continued investor activity despite the challenging macroeconomic and geopolitical environment.

schedule 23 February 2026

Investment on the rise across the region

Investor sentiment in Central and Eastern Europe will continue to improve in 2026, according to CBRE's ‘European Investor Intentions Survey 2026,’ . Market players predict this will be a more active year for real estate transactions in this region, compared to the overall European average.

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Edition 3 (306) March 2026

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