Retail & leisure
BIG Poland will open BIG Olkusz retail park on October 22. The 13,500 sqm GLA project was developed in cooperation with BOIG The Blue Ocean Investment Group. Following the opening, BIG Poland will have 14 operating retail parks with a combined leasable area of approximately 271,500 sqm.
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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
Peakside Capital Advisors has completed construction of Hall D at the City Point Targówek complex in Warsaw and secured an occupancy permit. The building offers 17,000 sqm of space and is fully leased. Construction is also underway on another SBU hall, which will provide more than 12,400 sqm of warehouse, production and service space.
Residential
Yareal has started construction of an apartment building at ul. Mickiewicza 63 in Warsaw’s Żoliborz district. The intimate development will comprise 66 apartments, while more than one-third of the site will be occupied by a garden sheltered from the street. CFE Polska is the project’s general contractor.
Technology
Skanska has implemented a digital access control system at Studio A, an office building in Warsaw. The solution uses the company’s proprietary StudioApp web application and web provisioning technology, allowing users to access the building with virtual cards stored in Apple Wallet or Google Wallet without installing an additional app.
ESG
More than 97 pct of newly developed office space in Poland is environmentally certified. Certification has therefore become standard, while the building’s actual environmental performance increasingly depends on how its technologies operate in day-to-day use.
Residential
The Murapol Rivo development on ul. Dworcowa in Bydgoszcz has received an occupancy permit. The project comprises 122 apartments in the city centre, close to the Brda River, Wyspa Młyńska and the Old Market Square. The final units, ready for handover, are now on sale.
Residential
Agrobex has completed the first stage of the Unii Lubelskiej 4 residential development in Poznań. Two buildings comprising more than 120 apartments have received occupancy permits. The development will ultimately comprise more than 250 units, with construction of the third building scheduled for completion in the second half of 2027.
Construction
Public-sector construction has become one of the fastest-growing areas of Dekpol Budownictwo’s business. Over the past two years, the company has signed general contracting agreements for projects spanning culture, education, sport, public safety and social policy, with a combined value exceeding PLN 1 billion. Its portfolio includes projects across Poland as well as the construction of the new Polish Antarctic Station on King George Island.
Construction
A traditional topping-out ceremony has been held at the construction site of the new primary school in Biedrusko. The project on Chludowska Street, being developed by Dekpol Budownictwo, has reached another key milestone. According to Suchy Las municipality, it is the largest educational investment in its history. The new school will accommodate up to 600 pupils.
Residential
Yareal has started work on ul. Żupnicza in Warsaw’s Kamionek district. The section between ul. Bliska and ul. Chodakowska will get a new road surface, renovated pavements and one-way cycle lanes on both sides of the road.
Residential
Totalbud has completed construction of the Mirabelki 5 residential development in Warsaw’s Białołęka district. The project on Mirabelki Street has received its occupancy permit. Totalbud acted as both developer and general contractor.
Data centres
Poland’s growing data centre market could create a significant new source of waste heat for heating networks. According to analysis by the Polish Data Centre Association, if the market continues to expand, recovered heat from data centres could equal more than 7 pct of the heat currently supplied to Poland’s district heating networks by 2030. By 2035, that figure could reach 16 pct.
Retail & leisure
Alior Bank has opened a new branch at Manufaktura shopping centre in Łódź, introducing its new branch concept to the region for the first time. The format combines face-to-face advice with digital services. It is also the only bank branch in the region open for extended hours and on trading Sundays.
Warehouse & industrial
Marcotran has renewed its lease for around 3,500 sqm of warehouse space in Koninko, near Poznań. Newmark Polska represented the tenant during the lease renegotiation.
Residential
Archicom has launched sales at its Bliskie Piątkowo residential development on Mateckiego Street in Poznań. The first phase will include 167 apartments ranging from around 25 to 92 sqm. Once complete, the project is expected to comprise around 360 apartments with a total usable area of more than 19,000 sqm.
Residential
Łódź’s housing market has entered a new phase. After years of rising prices, buyers now have one of the widest selections of new homes the city has seen, while developers are competing on more than just price and location. Architecture, design and the quality of the overall project are becoming increasingly important.
Office & mixed-use development
New office leasing demand reached more than 93,000 sqm in the first nine months of 2026, up 6 pct year-on-year, while 72 pct of transactions involved buildings within 500 metres of a metro station
Retail & leisure
Focus Estate Fund has signed a lease with Fun Park, which will open an approximately 880-sqm entertainment centre at Ferio Legnica. The centre is scheduled to open by the end of 2026.
Residential
Murapol has launched presales of 401 investment units in the next stage of Murapol Stoczniova in Gdańsk’s Młode Miasto district. The units are being developed in a 10-storey building on the site of a former shipyard, with prices starting at PLN 14,080 per sqm.
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 ...
Public-sector construction has become one of the fastest-growing areas of Dekpol Budownictwo’s business. Over the past two years, the company has sign ...
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.
Poland’s growing data centre market could create a significant new source of waste heat for heating networks. According to analysis by the Polish Data ...
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 ...
More than 97 pct of newly developed office space in Poland is environmentally certified. Certification has therefore become standard, while the buildi ...
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.
In this issue, hot off the press in time for Expo Real in Munich, the cover story is an interview with Ugo Giordano and Katarzyna Rzetecka, who are le ...
Expo Real kicks off on Monday in Munich, and Eurobuild CEE is the media sponsor for one of the top discussions on the first day: ‘High Speed Connectiv ...
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 ...
LemonTree has sold the second stage of Booster Zabrze to Vestas Investment Management Europe, which acquired the first stage in February. The transact ...
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 ...
New office leasing demand reached more than 93,000 sqm in the first nine months of 2026, up 6 pct year-on-year, while 72 pct of transactions involved ...
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 ...
Yareal has started construction of an apartment building at ul. Mickiewicza 63 in Warsaw’s Żoliborz district. The intimate development will comprise 6 ...
BIG Poland will open BIG Olkusz retail park on October 22. The 13,500 sqm GLA project was developed in cooperation with BOIG The Blue Ocean Investment ...
Skanska has implemented a digital access control system at Studio A, an office building in Warsaw. The solution uses the company’s proprietary StudioA ...
Peakside Capital Advisors has completed construction of Hall D at the City Point Targówek complex in Warsaw and secured an occupancy permit. The build ...
October 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 ...