Ghelamco develops another Warsaw building
Office & mixed-use development
Investment & finance
EPP has increased its stake in the joint venture that owns nine M1 shopping centres in Poland to 59.4 pct. The ownership structure has also been simplified, with RMB Investments and Advisory Proprietary Limited (RMBIA) joining as a new investor.
Residential
Murapol Group has added 191 apartments to the Murapol Prado residential project in northern Kraków. The new phase, located on ul. Piaszczysta near the Prądnik Valley, comprises two four-storey buildings. Pre-sale prices start at PLN 13,680 per sqm.
Office & mixed-use development
RMF Group, owner of the RMF FM and RMF MAXX radio stations, has signed a long-term lease at DL Tower in Katowice. Under the agreement, signed on 15 July 2026, both stations will broadcast from the building’s 11th floor for at least the next 10 years.
Office & mixed-use development
Warsaw’s office market is seeing stronger tenant activity amid record-low new supply. More than 592,000 sqm of office space was leased in the first three quarters of 2026, up 22 pct year on year, while the vacancy rate fell to 7.9 pct, its lowest level in six years, according to Knight Frank.
Office & mixed-use development
A global fast-moving consumer goods (FMCG) company will lease more than 4,300 sqm of office space in Warsaw Spire, in central Warsaw. The relocation, combined with an expansion, is scheduled to begin in October 2026. JLL advised the tenant on the transaction and provided technical consultancy.
Investment & finance
WPIP Group has completed the sale of an industrial and office property in Nowa Sól, western Poland. The approximately 1,800 sqm facility was acquired by Trionik EMS, a company operating in the electronics manufacturing sector and linked to Ukrainian capital. The buyer plans to establish its Polish branch at the site.
Retail & leisure
Mitiska REIM and Park Lane Developments have opened the first Estrea Park retail park in Bulgaria, marking the start of a planned rollout of the brand across the country. Developed in Sofia’s Hadzhi Dimitar district, the project was delivered in partnership with the European Bank for Reconstruction and Development (EBRD) on behalf of the MEREP 3 fund.
Data centres
Access to electricity, rather than its price, is becoming the decisive factor in the development of data centres, as AI drives up demand and Europe's established hubs run out of capacity. This was the central message of Eurobuild's Data Centers – Real Estate, Technology, Investments conference, held at the Warsaw Presidential Hotel on 19 October.
Retail & leisure
Gdańsk’s CH Osowa shopping centre welcomed five new concepts in September and October, spanning gaming, collectibles, fashion and floristry. The new arrivals include a trading card vending machine, a gaming zone, a shop selling games and consoles, a florist and a women’s fashion boutique.
Construction
PORR has signed a contract worth around PLN 539 mln gross to build the first phase of a cargo and logistics facility for the US Air Force at Wrocław-Strachowice Airport. Commissioned by the Regional Infrastructure Management Board in Wrocław, the project is scheduled for completion by 2029.
Retail & leisure
Polish jewellery brand Ania Kruk has opened a 64.5 sqm store at Magnolia Park in Wrocław. The store offers everyday jewellery, including necklaces, bracelets, earrings, rings and jewellery for piercings.
Office & mixed-use development
As many as 93 pct of organisations in Poland operate hybrid working models, while just 1 pct are fully remote, according to Colliers Define’s ‘Hybrid and Beyond ’26’ report. Companies are increasingly focusing on how they organise collaboration and use offices to build relationships, rather than increasing the number of days employees spend on site.
Warehouse & industrial
Ecologistics, the Czech arm of logistics company Goodcang Holdings, has signed a long-term lease for an entire 44,500 sqm warehouse at EQT Park Prague North in Lužec nad Vltavou, north of Prague. The 56,600 sqm complex is owned by EQT Real Estate and was developed by 7R.
Residential
Czech investment group RSJ and developer Na Jelenách have formed a strategic partnership to build a new residential district in southern Prague. The project will comprise around 5,500 rental homes for up to 16,000 residents, with a value exceeding CZK 50 bln.
Investment & finance
Archicom, the residential developer subsidiary of Echo Group, has placed four-year bonds worth PLN 385 mln. Investor demand reached PLN 495 mln, equivalent to 128.6 pct of the issue value. The company secured financing at a margin of 240 basis points above six-month WIBOR, 85–100 basis points lower than the margins on the bond series being refinanced.
ESG
Twelve residential buildings comprising 982 apartments at Greenfield Băneasa in Bucharest have received BREEAM Excellent certification, following an assessment by BuildGreen on behalf of developer IMPACT Developer & Contractor.
Warehouse & industrial
Garbe Industrial has leased its 19,500 sqm logistics centre in Dissen, Lower Saxony, to Oval Group for fresh and chilled goods logistics from February 2027.
Warehouse & industrial
P3 Logistic Parks has taken over the management of a portfolio of logistics properties totalling around 650,000 sqm, bringing its Polish portfolio to 36 parks with a combined area of 2.7 mln sqm. The properties also offer potential for a further 1 mln sqm of development.
Office & mixed-use development
Yareal Polska has moved its headquarters to LIXA C in Warsaw. The 750 sqm office was designed by The Design Group.
Office & mixed-use development
Tesco Technology Services Europe (TTSE) has leased more than 3,700 sqm of office space at Unity Square Two in Kraków, where it will occupy five floors. The move supports the company’s continued growth in Poland and strengthens Kraków’s position as a technology hub.
RMF Group, owner of the RMF FM and RMF MAXX radio stations, has signed a long-term lease at DL Tower in Katowice. Under the agreement, signed on 15 July 2026, both stations will broadcast from the building’s 11th floor for at least the next 10 years.
Warsaw’s office market is seeing stronger tenant activity amid record-low new supply. More than 592,000 sqm of office space was leased in the first three quarters of 2026, up 22 pct year on year, while the vacancy rate fell to 7.9 pct, its lowest level in six years, according to Knight Frank.
A global fast-moving consumer goods (FMCG) company will lease more than 4,300 sqm of office space in Warsaw Spire, in central Warsaw. The relocation, combined with an expansion, is scheduled to begin in October 2026. JLL advised the tenant on the transaction and provided technical consultancy.
As many as 93 pct of organisations in Poland operate hybrid working models, while just 1 pct are fully remote, according to Colliers Define’s ‘Hybrid and Beyond ’26’ report. Companies are increasingly focusing on how they organise collaboration and use offices to build relationships, rather than increasing the number of days employees spend on site.
Yareal Polska has moved its headquarters to LIXA C in Warsaw. The 750 sqm office was designed by The Design Group.
Tesco Technology Services Europe (TTSE) has leased more than 3,700 sqm of office space at Unity Square Two in Kraków, where it will occupy five floors. The move supports the company’s continued growth in Poland and strengthens Kraków’s position as a technology hub.
Capgemini will double its office space at Business Garden Warsaw, taking a total of 3,400 sqm at Vastint’s office campus on Żwirki i Wigury Street. The expansion adds 1,700 sqm and reflects the growth of the company’s Warsaw team and changing employee needs.
At the end of Q3 2026, the vacancy rate in Warsaw’s office market stood at 7.9 pct, while total modern office stock reached approximately 6.23 million sqm. No new office buildings were completed during the quarter, and take-up exceeded 175,000 sqm, according to the latest data from the Polish Chamber of Commercial Real Estate (PINK).
Syrena Real Estate will refurbish its building at 18 Piękna Street in Warsaw and rebrand it as Elma. The project will modernise the offices, nearly double the retail space and replace the lower floors with a more open, glazed frontage. Work is due to start in Q1 2027 and finish in Q3 2028.
Central Poland has nearly 5.2 mln sqm of warehouse space, with a further 160,000 sqm under construction, according to Newmark Polska. While Łódź remains the region’s main economic centre, developers are increasingly building in nearby towns such as Stryków, Piotrków Trybunalski, Zgierz and Łowicz, where land is more readily available and rents and labour costs are lower.
Knight Frank has been appointed exclusive leasing agent for VINCI Office Center at 100 Opolska Street in Kraków. The building, owned by Sharow Capital, offers around 21,000 sqm of office space.
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
Cashless payment services provider eService has leased 7,500 sqm of office space in Drucianka Campus, a development under construction on ul. Kijowska in Warsaw’s Praga-Północ district. This is the project’s first tenant. Construction is scheduled for completion in the summer of 2028.
Media and research group Defence24 has signed a long-term lease for 1,150 sqm of office space at Warsaw Corporate Center (WCC) on ul. Emilii Plater in Warsaw. The company will occupy the entire seventh floor and part of the eighth floor.
AFI Poland has appointed CBRE as the leasing agent for AFI V., a prominent office building in Kraków. CBRE will be responsible for attracting new tenants and advising AFI Poland on the leasing strategy.
Unibep has leased around 200 sqm at DL Tower in Katowice. The space was handed over on 1 September 2026.
Compensa, part of Vienna Insurance Group, has leased around 500 sqm at the DL Craft complex in Katowice. The lease agreement with DL Invest Group was signed on 31 August 2026.
NASA Capital has signed a long-term lease with Mieszko, a Polish confectionery manufacturer. The company will take around 700 sqm at Jerozolimskie Business Park in Warsaw, taking occupancy at the complex to 95%.
Rising energy costs, changing regulations, tenant expectations and the need to protect property values are forcing owners of older office buildings to consider their next steps. A new report by Gleeds Polska and the Polish Council of Commercial Real Estate (PINK) looks at the cost of different retrofit options and the energy savings they could deliver.
Hotspot is expanding in Bucharest with Hotspot Exclusive, a new premium serviced office concept at One Tower, part of the One Floreasca City development. The new location will cover more than 1,400 sqm and will be Hotspot’s third site in the city.
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 ...
PORR has signed a contract worth around PLN 539 mln gross to build the first phase of a cargo and logistics facility for the US Air Force at Wrocław-S ...
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.
Access to electricity, rather than its price, is becoming the decisive factor in the development of data centres, as AI drives up demand and Europe's ...
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 ...
Twelve residential buildings comprising 982 apartments at Greenfield Băneasa in Bucharest have received BREEAM Excellent certification, following an a ...
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 ...
How will AI change the real estate business? Where are the best data centre sites in Poland? Will Europe be able to feed data centres the energy they ...
One of the more interesting Polish property investors to emerge on the local scene in recent years is Syrena Real Estate. This year, it added the Rena ...
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 ...
Green House Development has launched pre-sales for Building C, the final phase of its Wave Świnoujście Thermal & SPA development. The building will fe ...
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 ...
EPP has increased its stake in the joint venture that owns nine M1 shopping centres in Poland to 59.4 pct. The ownership structure has also been simpl ...
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 ...
RMF Group, owner of the RMF FM and RMF MAXX radio stations, has signed a long-term lease at DL Tower in Katowice. Under the agreement, signed on 15 Ju ...
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 ...
Murapol Group has added 191 apartments to the Murapol Prado residential project in northern Kraków. The new phase, located on ul. Piaszczysta near the ...
Mitiska REIM and Park Lane Developments have opened the first Estrea Park retail park in Bulgaria, marking the start of a planned rollout of the brand ...
Skanska has implemented a digital access control system at Studio A, an office building in Warsaw. The solution uses the company’s proprietary StudioA ...
Ecologistics, the Czech arm of logistics company Goodcang Holdings, has signed a long-term lease for an entire 44,500 sqm warehouse at EQT Park Prague ...
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 ...