Office & mixed-use development
Bucharest’s office market is gaining momentum, with occupier demand picking up as companies sign new leases and expand, while the supply of new space remains limited. Net take-up accounted for 73 pct of total leasing activity in H1 2026, up from 53 pct a year earlier, pointing to a shift in corporate strategies as businesses resume their growth and expansion plans.
Office & mixed-use development
Vaillant Saunier Duval, a leading provider of heating, ventilation and air-conditioning, is relocating its Warsaw headquarters to the Novu building at Al. Jerozolimskie 195A, where it has leased 1,111.52 sqm for its new office and training centre.
Construction
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.
Retail & leisure
In Q2 2026, Poland’s retail property market saw a clear upturn in new supply, with 134,500 sqm of space added. According to BNP Paribas Real Estate Poland, retail parks are the main driver of market growth, accounting for the largest share of both newly delivered space and projects under construction. The sector’s strength is also reflected in rising retail sales figures and the arrival of new international brands.
Retail & leisure
Redkom Development has launched construction work on a retail park on Al. Wojska Polskiego in Kalisz.
Warehouse & industrial
MDC2 has launched its latest project - MDC2 Park Ruda Śląska, which will have a total area of 48,000 sqm, with a particular focus on production and logistics.
Office & mixed-use development
Royal Greenland, an international company specialising in fishing and seafood processing, has opened a European shared services centre (ESSC) in the Wave building in Gdańsk's Oliwa district, which is owned by Skanska CDE. Colliers advised the tenant during the transaction process.
Warehouse & industrial
A manufacturing and industrial sector company has extended its lease for app. 45,500 sqm at the Sosnowiec Distribution Centre. The landlord, CBRE Investment Management, was advised by Cushman & Wakefield during the transaction, while also being supported by Argon Legal.
Transit trends
Grospol, a Polish manufacturer of office chairs and armchairs, has leased over 6,400 sqm of warehouse space at Prologis Park Łódź. The new location will support its production facility in Brzeziny, taking over a significant portion of its warehousing and distribution processes.
Warehouse & industrial
Formade, the owner of the Fabryka Form furniture and home fittings store chain, has renewed its lease at the MLP Pruszków II logistics park for another term. The company has been operating at the park since 2021. Triflow advised the tenant throughout the lease renegotiation process.
Warehouse & industrial
7R has acquired a 14 ha site in Stara Wieś near Nadarzyn (about 27 km southwest of central Warsaw) for the development of a 60,000 sqm warehousing and logistics park.
Infrastructure
Contracts worth more than PLN 14 bln have already been awarded in announced tenders for the Port Polska air and transport hub development in central Poland, with another PLN 40 bln to be awarded by the end of the year.
Investment & finance
More than EUR 3 bln was invested in Polish commercial real estate in H1 2026, largely driven by the return of major institutional investors – according to BNP Paribas Real Estate Poland.
Property and Facility Management
Savills, which already manages an office portfolio in Poland for TFI PZU, has now also been appointed to manage three of the fund's retail assets.
Office & mixed-use development
Recruitment and HR sourcing specialist Future Group has become the latest office tenant of DL Tower Katowice.
Warehouse & industrial
New energy storage systems developed by Futureal Energy Partners have started operating at five HelloParks locations around Budapest – in Maglód, Fót and Páty.
Warehouse & industrial
The demand for industrial and logistics space in Romania increased by 11 pct in H1 2026, prompting developers to return to speculative projects, according to the Romania Marketbeat Industrial Q2 2026 report just published by Cushman & Wakefield Echinox.
Public buildings
Budimex has been awarded an PLN 86 mln gross contract for the construction of a new specialist outpatient clinic at the L. Zamenhof University Children’s Clinical Hospital in Białystok [Uniwersytecki Dziecięcy Szpital Kliniczny im. Ludwika Zamenhofa w Białymstoku] in its latest contract for the institution.
Office & mixed-use development
After a subdued start to the year, Warsaw’s office market gained significant momentum in Q2 2026, with tenant activity in H1 reaching 420,000 sqm, representing a 38 pct y-o-y increase – according to Axi Immo’s ‘Office Market in Warsaw H1 2026’ report.
Retail & leisure
TK Maxx is to open a 2,200 sqm store in Galeria Wiślanka in Żory, about 30 km southwest of Katowice in Silesia. This will be the British clothing chain’s only location in this region of Poland.
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.
ibis Styles has announced the opening of the ibis Styles Tbilisi Mziuri Park in one of the city's greenest districts, next to the historic Wine Factory district and Chavchavadze Avenue.
Mercure, a brand owned by the Accor Group, has opened the Mercure Bucharest Cantemir in the centre of the city. The brand is also planning to debut in Oradea as well as in Khiva in Uzbekistan in 2026.
The Swissôtel chain has announced the opening of its first hotel in the Czech Republic in the spa town of Mariánské Lázně.
The façade of the Minter townhouse, in the Port Praski development in Warsaw, has been unveiled, restoring its Art Nouveau style.
The comprehensive renovation of the Novotel Praha Wenceslas Square has been completed. The work included 146 guestrooms, the lobby, the fitness centre, the swimming pool, the wellness area, and the conference room.
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last year, according to the latest EMEA Hospitality report published by Colliers.
Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.
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 ...
The construction of Poland’s first nuclear power plant has reached an important milestone. Bechtel, the project’s general contractor, is taking over m ...
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 ...
Building A (31,984 sqm) in VGP Park Split in Dugopolje has been awarded a BREEAM v6 Outstanding rating. The certification was carried out by BuildGree ...
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 ...
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 ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Contracts worth more than PLN 14 bln have already been awarded in announced tenders for the Port Polska air and transport hub development in central P ...
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 ...
More than EUR 3 bln was invested in Polish commercial real estate in H1 2026, largely driven by the return of major institutional investors – accordin ...
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 ...
Bucharest’s office market is gaining momentum, with occupier demand picking up as companies sign new leases and expand, while the supply of new space ...
Savills, which already manages an office portfolio in Poland for TFI PZU, has now also been appointed to manage three of the fund's retail assets.
Budimex has been awarded an PLN 86 mln gross contract for the construction of a new specialist outpatient clinic at the L. Zamenhof University Childre ...
Since sales began in February 2026, 122 contracts have been concluded in the Liberty Tower residential building in Warsaw, which is owned by Cavatina. ...
In Q2 2026, Poland’s retail property market saw a clear upturn in new supply, with 134,500 sqm of space added. According to BNP Paribas Real Estate Po ...
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
MDC2 has launched its latest project - MDC2 Park Ruda Śląska, which will have a total area of 48,000 sqm, with a particular focus on production and lo ...
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 ...