Warehouse & industrial
Harden Construction has started work on City Logistics Łódź V, an urban logistics and production facility for Panattoni in Łódź. The project will provide space for tenants including PGC and Zadbano.
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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.
Residential
Monting Development has secured the final building permit for CU-Cynamonowa Ursynów, a residential project in Warsaw’s Ursynów district. Construction is due to start in early October.
Office & mixed-use development
Demographic change will make Poland’s office market more concentrated and selective over the next decade, with location, quality and flexibility becoming increasingly important. According to JLL, the resilience of office buildings through 2035 will increasingly depend on the concentration of talent in major cities, an ageing workforce, growing recruitment pressure and the ability of offices to accommodate multigenerational teams.
Office & mixed-use development
Aliaxis Poland has chosen Sky Tower in Wrocław as the location for its shared services centre supporting the EMEA region. The company is moving from a serviced office into its own dedicated space.
Office & mixed-use development
Dutch IT consultancy Itility has opened its first Romanian office in Palas Campus in Iași, taking space at the office project developed by IULIUS. The company plans to grow its local team to 100 employees.
Warehouse & industrial
CTP has signed a 24,400 sqm lease with Romstal at CTPark Bucharest South, strengthening the Romanian logistics developer’s portfolio in one of the country’s key distribution hubs.
ESG
PAD RES Group has secured PLN 192.5 mln in long-term financing from UniCredit to fund the construction and operation of three photovoltaic farms in Poland with a combined capacity of 133 MW.
Investment & finance
UNIQA Real Estate is launching a EUR 600 mln office real estate fund for third-party investors, targeting Core and Core Plus properties in Austria, Poland and the Czech Republic.
Residential
The first stage of Nova Wola Park in Nowa Wola near Warsaw has received its occupancy permit. CK Development has started handing over apartments and keys to buyers, while sales of the second stage are underway.
Retail & leisure
Primark is preparing to open a store in G City Biała in Białystok. The nearly 3,500 sqm store will be the retailer’s first in the Podlaskie region.
Retail & leisure
Polish cosmetics brand HDREY has opened its first store in Katowice, at Silesia City Center. It is also the brand’s first store in the Silesian region.
Residential
Slovak investment company Sandberg Capital is investing in the Rezidence Hausmannova residential project in Prague’s Modřany district. The developer has secured a building permit and plans to start construction and apartment sales in October.
Construction
Mirbud has signed a contract with Warsaw University of Technology to build a sports and events hall next to the Syrenka Stadium in Warsaw. The design-and-build contract is worth more than PLN 168 mln.
Investment & finance
Skanska has agreed to sell the second stage of its H₂Offices complex in Budapest to the ERSTE Open-Ended Real Estate Investment Fund, represented by ERSTE Alapkezelő Zrt. It will be the fund’s sixth office acquisition from Skanska in Hungary.
Investment & finance
A joint venture between Belgian real estate investor AYA Properties Fund and Polish family-owned Curtis Group has acquired Chmielna 13A, a fully let mixed-use property in central Warsaw, from CPI Property Group. The deal marks AYA’s third Warsaw investment, following Metron in 2024 and Sienna Center in 2026.
Investment & finance
Hillwood Polska has sold a portfolio of four logistics properties for EUR 150 mln. The portfolio comprises nearly 200,000 sqm of warehouse and office space across major logistics markets in Poland.
Residential
Archicom has signed an agreement with Unibep for the construction of the first two buildings at its Kolektyw residential project in Poznań. The contract is worth around PLN 87 mln net and covers 278 apartments. Construction is scheduled to start in Q4 2026 and finish in Q2 2028.
ESG
The Building Research Establishment (BRE) has launched the seventh version of its BREEAM Refurbishment and Fit Out Commercial standard (BREEAM RFO V7), updating the guidelines for refurbishment and fit-out works in existing commercial buildings. The new version places greater emphasis on reducing carbon emissions, improving energy efficiency, strengthening climate resilience and protecting the long-term value of property assets.
Office & mixed-use development
Price is no longer the only issue in Warsaw office negotiations. Finding the right space is becoming a challenge in its own right, with vacancy in the city centre falling to 4.8 pct and to 3.6 pct around Rondo Daszyńskiego. With demand holding up and little new space coming onto the market, the best offices are being taken up quickly.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Mercure has signed a contract to develop a hotel in Craiova and has also announced it is to open the Mercure Oradea hotel.
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.
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 ...
Mirbud has signed a contract with Warsaw University of Technology to build a sports and events hall next to the Syrenka Stadium in Warsaw. The design- ...
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.
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residen ...
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 secured PLN 192.5 mln in long-term financing from UniCredit to fund the construction and operation of three photovoltaic farms in Po ...
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, ...
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 ...
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 ...
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
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 ...
UNIQA Real Estate is launching a EUR 600 mln office real estate fund for third-party investors, targeting Core and Core Plus properties in Austria, Po ...
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 ...
Demographic change will make Poland’s office market more concentrated and selective over the next decade, with location, quality and flexibility becom ...
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 ...
Monting Development has secured the final building permit for CU-Cynamonowa Ursynów, a residential project in Warsaw’s Ursynów district. Construction ...
Primark is preparing to open a store in G City Biała in Białystok. The nearly 3,500 sqm store will be the retailer’s first in the Podlaskie region.
Logicor is set to complete the rollout of smart metering across all 18 of its logistics parks in Poland by the end of 2026, giving tenants real-time v ...
Harden Construction has started work on City Logistics Łódź V, an urban logistics and production facility for Panattoni in Łódź. The project will prov ...
September 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 ...