Work advances on Timpuri Noi Square

Construction
ROMANIA Vastint has laid the cornerstone for the first stage of its Timpuri Noi Square mixed-use project in Bucharest.
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The two-stage complex is planned to provide up to 100,000 sqm of office and retail space, with the first phase reaching a total of nearly 53,000 sqm. The project’s first two buildings are set to be commissioned for use at the beginning of 2017. Timpuri Noi Square is set to obtain the BREEAM green certification.



Latest news

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.

Residential

Poland Torus launches sales at 143-unit Mozaika project in Gdańsk

schedule 06 November 2026
Opr./edited by AH

Grupa Torus has launched apartment sales at its Mozaika development on Droszyńskiego Street, between Gdańsk’s Oliwa and Przymorze Małe districts. The first phase will comprise three five-storey buildings with 143 apartments averaging approximately 70 sqm.

Warehouse & industrial

Poland Logicor starts construction of sixth warehouse at Mysłowice park

schedule 06 November 2026
Opr./edited by AH

Logicor has started construction of a sixth building at its logistics park in Mysłowice, southern Poland. The new 21,860 sqm facility will bring the complex’s total area to more than 165,000 sqm across six buildings.

Warehouse & industrial

Poland Warehouse market reaches 38.3 mln sqm as vacancy falls to 5.7 pct

schedule 06 November 2026
Opr./edited by AH

Poland’s modern warehouse and industrial stock reached 38.3 mln sqm at the end of September 2026, according to the Polish Chamber of Commercial Real Estate (PINK). Gross take-up totalled 1.79 mln sqm in the third quarter, while the vacancy rate fell to 5.7 pct, down from 6.6 pct in the previous quarter.

Investment & finance

Croatia Erste Bank provides EUR 126 mln refinancing for two Zagreb shopping centres

schedule 06 November 2026
Opr./edited by AH

Manta d.o.o., owner of the City Center One East and City Center One West shopping centres in Zagreb, has signed a loan agreement worth EUR 126 mln with Erste Bank. The financing will primarily be used to refinance existing debt, optimise the capital structure of both assets and extend debt maturities.

Technology

Czech Republic Drone Deliveries could reach shoppers in 15 minutes 

schedule 06 November 2026
Opr./edited by AH

Drone deliveries of groceries, restaurant meals and over-the-counter medicines within 15 minutes could become part of everyday life in the Czech Republic. Retailers are beginning to explore the potential of the technology, with existing shopping centres, supermarkets and retail parks emerging as possible launch bases.

Warehouse & industrial

Poland DACHSER and GFL lease 9,400 sqm at Jet Industrial Park Gdańsk

schedule 05 November 2026
Opr./edited by AH

Jet Investment has signed two lease agreements at its Jet Industrial Park Gdańsk development, with logistics operators DACHSER and GFL taking a combined nearly 9,400 sqm of warehouse and office space in Building B.

Residential

Czech Republic Skanska launches second phase of Habitat residential project in Prague

schedule 05 November 2026
Opr./edited by AH

Skanska Residential has started construction of the second phase of its Habitat residential development in Prague’s Malešice district. The project will deliver 188 apartments and nine commercial units, with completion scheduled for 2029. The project is valued at CZK 1.5 bln.

Warehouse & industrial

Poland CTPark Warsaw Nowy Konik achieves BREEAM Excellent certification for 35,400 sqm

schedule 05 November 2026
Opr./edited by AH

Two buildings at CTPark Warsaw Nowy Konik have achieved BREEAM New Construction v6 certification at Excellent level, covering a combined 35,400 sqm of warehouse and industrial space. The buildings received full marks in the water category and 94% of the available points for management.

Warehouse & industrial

Poland Panattoni completes PLN 115 mln ZREW factory in Łódź

schedule 05 November 2026
Opr./edited by AH

Panattoni BTS has completed a new factory for ZREW Transformatory in Łódź. The PLN 115 mln build-to-suit project was officially opened on 3 November. The facility will enable ZREW to double its production capacity and create around 200 jobs.

Latest in Construction

schedule 22 October 2026

Strabag to Build 170-Metre Roma Tower in Warsaw

Strabag, together with TKT Engineering, has been appointed general contractor for Roma Tower, a 170-metre residential skyscraper planned for central Warsaw. The EUR 200 mln project will comprise 357 luxury apartments, with construction scheduled to take 50 months.

schedule 16 October 2026

PORR wins PLN 539 mln contract for US air force base in Wrocław

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.

schedule 13 October 2026

BERGER Bau to Modernise Wrocław Student Residences

BERGER Bau Polska will modernise the Kredka and Ołówek student residences owned by the University of Wrocław under a contract worth PLN 41.44 mln gross. Work will bring the buildings into compliance with current fire safety regulations and is scheduled to run from October 2026 to April 2029.

schedule 08 October 2026

Dekpol Budownictwo strengthens its position in the public-sector construction market

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.

schedule 08 October 2026

Topping-out ceremony held at new primary school in Biedrusko

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.

schedule 25 September 2026

Mirbud wins PLN 168 mln contract for Warsaw sports hall

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.

schedule 23 September 2026

Budimex to build archive for Adam Mickiewicz University

Budimex has signed a contract with Adam Mickiewicz University in Poznań to design and build a new university archive. The contract is worth more than PLN 26.4 million net, with the project scheduled for completion within 18 months.

schedule 21 September 2026

Budimex to rebuild the I/43 Road

Budimex has begun reconstructing a more than 2-kilometre section of the I/43 road near Černá Hora in the Czech Republic. The CZK 250.2 mln contract (EUR 10.3 mln) covers the construction of a new road and two bridges.

schedule 18 September 2026

Budimex to complete Bydgoszcz hospital expansion

Budimex will complete the expansion of Dr Jan Biziel University Hospital No. 2 in Bydgoszcz. The contract is worth nearly PLN 211 mln gross.

schedule 18 September 2026

Berger Bau to modernise Wrocław police headquarters

Berger Bau has signed a contract to modernise the Lower Silesian Police headquarters in Wrocław. The PLN 24 mln project is scheduled for completion within 28 months.

schedule 01 September 2026

Polish construction sector faces growing labour shortage

Poland’s construction sector is facing increasing labour shortages, with the industry short of around 150,000 workers. Turnover among engineers has reached 42 pct, according to Randstad’s latest report, 'Labour Market in the Construction Sector: Trends, Challenges and Recruitment Strategies for 2026'. Demographic changes, rising employee expectations and the sector’s shift towards Construction 4.0 are adding to the pressure.

schedule 31 August 2026

Carbon Counts in Construction

Cost remains a decisive factor in construction tenders, but investors are increasingly looking beyond the upfront price. For production facilities and warehouses, factors such as delivery time and technical specifications are now being considered alongside a building’s carbon footprint over its entire life cycle.

schedule 28 August 2026

Polish construction sector under pressure

Construction material prices are rising significantly more slowly than inflation, with prices in some categories even falling. Despite this, the situation for construction companies remains challenging. The number of corporate insolvencies in the sector rose by 31.3 pct year on year, while the number of restructuring proceedings almost doubled. Weaker demand, high labour costs and pressure on liquidity are among the main challenges facing the industry.

schedule 20 August 2026

Polish housing market slows as projects put on hold

Poland’s residential construction market is slowing, with 936 projects put on hold over the past year. Yet investors continue to prepare new projects, with activity in planning and design on the rise. According to Kompas Inwestycji, 1,219 projects reached the foundation stage or moved into construction between August 2025 and July 2026.

schedule 20 August 2026

Planning Code Set to Change Real Estate Market

The Territorial Planning, Urbanism and Construction Code (CATUC) is expected to have a significant impact on Romania’s real estate market. Two measures are likely to be particularly important: tighter limits on how much can be built on a site and a new infrastructure payment, the cost of which has yet to be determined, according to Crosspoint Real Estate.

schedule 14 August 2026

Tunnel boring soon to begin

Work is progressing on the High-Speed Rail (KDP) tunnel in Łódź, part of the Port Polska project. At the launch chamber in Retkinia, the concrete support for the Tunnel Boring Machine (TBM) shield has been completed, while the first components of the machine are being assembled on site. Tunnelling on one of Poland’s most important underground railway projects is due to begin in 2027.

schedule 12 August 2026

Budimex begins earthworks on Poland's first nuclear power plant

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.

schedule 23 June 2026

Budimex wins foundational contract for CPK

Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massive Port of Poland (or CPK) transport hub, which is being developed between Warsaw and Łódź.

schedule 19 June 2026

Work progresses on Henryk Arctowski Antarctic Station

A significant stage in the assembly of the new main building of the Henryk Arctowski Antarctic Station has been completed.

schedule 12 June 2026

Poland heading for a two-tier market

The value of the 960 largest construction projects in Poland is already more than PLN 1 tln and continues to rise, driven by a wave of infrastructure and energy megaprojects.

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Edition 10 (310) October 2026

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