Kappahl hires former H&M executive as new CEO

Human resources
WORLD Danny Feltmann Espersen has been appointed the new president and CEO of the Swedish fashion retailer Kappahl. He will assume his new position on December 1st, 2015.
Kappahl, which currently operates in Sweden, Finland, Norway and Poland, posted an 87 pct y-o-y drop in operating profit this year. In the past Danny Feltmann Espersentook held a number of senior positions within the fashion and retail industry, amongst others at H&M, where he worked for over 17 years in several roles, including the head of global logistics and the head of global e-commerce expansion. He has also served as member of the executive board at Bang & Olufsen, where he was responsible
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Latest news

Warehouse & industrial

Poland Polish warehouse market sees rising demand and falling vacancy

schedule 10 November 2026
Opr./edited by AH

Poland's warehouse market ended the third quarter of 2026 with stronger occupier demand, increased development activity and declining availability of vacant space. According to Cushman & Wakefield, the vacancy rate fell to 5.7 pct, while gross take-up reached 1.79 mln sqm.

Investment & finance

Poland Poland remains a leading investment destination in Europe

schedule 10 November 2026
Opr./edited by AH

The European real estate market is awaiting a more sustained recovery, but Poland remains one of the region's most promising investment destinations. According to the report 'Emerging Trends in Real Estate Europe 2027', prepared by PwC and the Urban Land Institute (ULI), Warsaw has retained 12th place in the European investment and development prospects ranking for the third consecutive year.

Construction

Germany Construction begins on EUR 400 mln Munich Arena project

schedule 10 November 2026
Opr./edited by AH

Construction has officially started on Munich Arena, a new live entertainment complex scheduled to open in 2029. The development, valued at more than EUR 400 mln, will include a concert venue for approximately 20,000 spectators, a music-themed hotel, a mobility centre and recreational areas. Drees & Sommer is responsible for project management.

Investment & finance

Czech Republic Czech commercial property investment to reach EUR 3 bln in 2026

schedule 10 November 2026
Opr./edited by AH

The Czech Republic's commercial real estate market recorded EUR 2 bln in investment transactions in the first three quarters of 2026, with domestic investors accounting for more than 65 pct of the total. According to CBRE, annual investment volume could reach EUR 2.7–3 bln, supported by major deals involving the Riverside Karlín office complex and Centrum Stromovka shopping centre.

Investment & finance

Czech Republic Ikonix partners with Avant to invest over CZK 1 bln annually in real estate

schedule 10 November 2026
Opr./edited by AH

Czech developer Ikonix has entered into a strategic partnership with investment group Avant, acquiring a stake in its Nemomax qualified investor real estate fund and taking over full management of its development projects. The partners plan to invest more than CZK 1 bln annually in new real estate ventures.

Warehouse & industrial

Polska LemonTree starts construction of 18,000 sqm Match Warsaw development

schedule 10 November 2026
Opr./edited by AH

LemonTree has started construction of MATCH WARSAW, an 18,000 sqm mixed-use development combining warehouse, service and sports facilities. The project is located in southern Warsaw, near Chopin Airport, and is scheduled for completion in May 2027.

Investment & finance

Germany Havelpark Dallgow changes hands

schedule 10 November 2026
Opr./edited by AH

Funds managed by Strategic Value Partners, together with 4 Friends Investment (4FI), have acquired Havelpark Dallgow, a shopping centre in Dallgow-Döberitz, Brandenburg, near Berlin, from European private real estate manager Redevco.

Investment & finance

Romania KÉSZ Group secures EUR 30 mln for Corallis Apartments

schedule 10 November 2026
Opr./edited by AH

KÉSZ Group has secured EUR 30 mln in financing from Raiffeisen Bank Romania for Corallis Apartments, its first own residential development in Bucharest. The loan complements the Group’s investment and customer prepayments, strengthening the project’s financial structure and supporting its continued development.

EurobuildCEE

POLAND Franck Delage of S&P is the keynote speaker at Eurobuild Annual Conference!

schedule 09 November 2026
Eurobuild CEE

The keynote speaker at Eurobuild’s 32nd Annual Polish Commercial Real Estate Conference will be one of Europe’s foremost real estate and capital markets experts: Franck Delage, the managing director, real estate sector lead (EMEA) and global coordinator of S&P Global.

Residential

Poland Agrobex completes second stage of Nove Garby

schedule 09 November 2026
Opr./edited by AH

Agrobex Deweloper has secured an occupancy permit for the second phase of its Nove Garby residential development in Garby, near Poznań. The completed phase comprises 145 apartments, while construction of the third phase, featuring a further 108 units, is underway.

Office & mixed-use development

Poland PIB Group consolidates Warsaw offices in WTT

schedule 09 November 2026
Opr./edited by AH

International insurance brokerage group PIB Group has leased 1,300 sqm of office space at Warsaw Trade Tower (WTT), owned by Globalworth. The new headquarters occupies an entire floor of the landmark Warsaw skyscraper.

Residential

Czechy Re.Start Petynka now half sold

schedule 09 November 2026
Opr./edited by AH

Half of the 283 apartments at Geosan Development’s Re.Start Petynka residential project in Prague’s Střešovice district have been sold. Two-bedroom units are proving particularly popular. The development will also feature a retail and service offering, including a Billa supermarket and additional ground-floor commercial premises.

Investment & finance

Poland GTC Sells Francuska Office Complex in Katowice

schedule 09 November 2026
Opr./edited by AH

GTC has completed the sale of the Francuska Office Centre in Katowice to BPS Leasing S.A., which acquired the property on behalf of Grupa Opal through a real estate leasing arrangement. The transaction forms part of GTC’s strategy to reduce debt and optimise its property portfolio.

Warehouse & industrial

Romania Autoklass leases 3,000 sqm at MLP Bucharest West

schedule 09 November 2026
Opr./edited by AH

Romanian automotive dealer Autoklass has become the latest tenant at MLP Bucharest West, leasing 3,000 sqm of space, including 2,700 sqm of warehouse space and 300 sqm of offices. The lease is scheduled to commence in mid-December 2026.

Residential

Poland Matexi Completes Final Stage of Sady Żoliborz

schedule 09 November 2026
Opr./edited by AH

Matexi Polska has secured an occupancy permit for the second and final phase of its Sady Żoliborz residential development in Warsaw, paving the way for handovers to begin shortly. Only a handful of apartments remain available, including two-bedroom units and the project's final five-bedroom apartment.

Office & mixed-use development

Poland Towarowa22 to Revitalise Historic Warsaw Pavilion

schedule 09 November 2026
Opr./edited by AH

Developers behind the Towarowa22 project in Warsaw’s Wola district have begun the comprehensive restoration of the historic Dom Słowa Polskiego pavilion. Designed by JEMS Architekci, the modernist building will be transformed into a food and service destination integrated with the development’s landscaped Towarowa Gardens. Construction is scheduled for completion in Q1 2027, with the venue expected to open in 2028.

Retail & leisure

Poland Retail parks drive Poland’s retail market growth

schedule 09 November 2026
Opr./edited by AH

Poland’s retail property market continues to see strong development activity. In Q3 2026, 128,000 sqm of new retail space was delivered, up 36.2 pct year on year. Retail parks accounted for more than 90 pct of new supply, while the vacancy rate across the country’s largest urban markets remained low at 2.5 pct, according to the latest report by BNP Paribas Real Estate Poland.

Technology

Poland CBRE moves into defence

schedule 06 November 2026
Opr./edited by AH

CBRE is expanding its advisory services for the defence and dual-use technology sectors in Poland. Jan Banasikowski, who has been with the company for 10 years, has been appointed Defence & Dual Use Lead.

Office & mixed-use development

Poland Krakowski Bank Spółdzielczy takes serviced space at DL Space Atrium

schedule 06 November 2026
Opr./edited by AH

Krakowski Bank Spółdzielczy has leased serviced space at DL Space Atrium, part of DL Invest Group’s mixed-use complex at 138 Korfantego Avenue in Katowice. The premises will house a customer service branch, complemented by a 24-hour ATM.

Retail & leisure

Poland ShockPrice opens first store in Łódź region in Focus Mall

schedule 06 November 2026
Opr./edited by AH

Focus Mall in Piotrków Trybunalski is expanding its retail offer. On 5th November, ShockPrice opened its first off-price store in the Łódź region at the shopping centre. Teletorium has also joined the tenant mix, while Tatuum and YES are investing in larger, refurbished stores.

Latest in Human resources

schedule 21 August 2026

Ghelamco reshuffles management team in Poland

Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as part of the company’s new management team.

schedule 01 April 2026

Leadership change at Nepi Rockcastle

Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.

schedule 10 February 2026

Change at the top for ULI Europe

The Urban Land Institute (ULI) has appointed Simon Durkin as Chief Executive Officer Europe, ULI, succeeding Lisette van Doorn, commencing early March 2026.

schedule 07 October 2025

ULI announces new chairs

ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shaping ULI Poland’s agenda is joined by Ilona Otoka (Savills Poland), Michał Witkowski (Colliers), Waldemar Grabka (EQT Exeter), Rafał Stoparczyk (Skanska Commercial Development Europe) and Justyna Glinka (Baker McKenzie Krzyżowski i Wspólnicy), who, as the newly appointed chair of young leaders, also becomes a member of the ULI Poland Executive Committee.

schedule 10 July 2025

Panattoni bets big on data centres

Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists have been hired to implement the project.

schedule 27 June 2025

Five new board members at JLL

Five new members are joining JLL's management board, and will take on their new roles from the beginning of July.

schedule 03 June 2025

A change of guard at Eurobuild

From the beginning of June this year, Anna Korólczyk-Lewandowska takes over the position of Editor in Chief of Eurobuild magazine.

schedule 29 August 2024

Changes at the helm of Dom Development

Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the supervisory board. From the beginning of 2025, Mikołaj Konopka, current member of the management board and co-founder and president of Euro Styl, will take over the reins of the company.

schedule 08 January 2024

Savills has new CEO

Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held the position of head of Corporate Finance and Valuation at Savills. 

schedule 17 October 2023

New head of retail at Cushman & Wakefield

Michał Masztakowski has taken up the position of the head of the retail agency in Poland at Cushman & Wakefield. He will be responsible for preparing and implementing the department's business strategy, expanding the firm's client portfolio and leading a team advising tenants and investors.

schedule 30 August 2023

Savills appoints CEE CEO

Savills has appointed Stuart Jordan, the current managing director of the consultancy in the Czech Republic and Slovakia, as CEO of the entire CEE region.

schedule 12 December 2022

Hotel Gellért changes hands

BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.

schedule 08 September 2022

Ettenauer steps down as S Immo CEO after CPI takeover

Austrian real estate investor S Immo, following the successful completion of the mandatory takeover offer by Prague-based CPI Property Group, has by mutual consent terminated the contract of S Immo’s CEO, Bruno Ettenauer.

schedule 18 July 2022

Changes at the top for 7R

Łukasz Jachna, the current member of the board and the chief capital markets officer of Polish warehouse developer 7R, has decided to leave the company. He will remain the head of the capital markets team until the end of September this year.

schedule 05 July 2022

Colliers goes West in Serbia

Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.

schedule 25 April 2022

Generation Park Y awarded gold

The Generation Park Y office tower, which was developed by Skanska in Warsaw's Wola-Centrum district and is now owned by Hansainvest Real Assets, has received a Well Core & Shell ‘Gold’ certificate.

schedule 15 April 2022

Meet Klara the constructor of the future

Polish construction firm Erbud has published a book aimed at encouraging girls to think about a career in the building industry.

schedule 11 January 2022

New CDO at MDC2

Maciej Madejak has been appointed chief development officer, founder, and member of the management board of MDC2. Previously, he held management-level positions at Prologis, Goodman and Panattoni.

schedule 02 August 2021

Avison Young branches out with Valuation

Avison Young has broadened its range of services with valuation and advisory.

schedule 02 July 2021

Monika Rajska-Wolińska promoted to Colliers’ CEE head

Monika Rajska-Wolińska has been promoted from managing partner for Poland to the position of CEO of Colliers in Central and Eastern Europe, which now covers Poland, the Czech Republic, Hungary, Romania, Slovakia and Bulgaria, effective from August 1st, 2021.

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Edition 10 (310) October 2026

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