World’s first BREEAM-certified sports venue

Construction
LITHUANIA Žalgirio Arena in Kaunas has been given a BREEAM In-Use certificate – the first for an existing sports venue in the world.
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The certificate granted was at the ‘Very Good’ level. The arena, which is located on Karaliaus Mindaugo avenue, was opened in 2011. On an everyday basis it is used by the Žalgiris Kowno basketball club, the winner of the Euro league of the 1998/1999 season. The hall can seat 14,500 spectators (during a basketball game), which could be raised to 20,000 during other events, and can also be used as a conference facility. It is the largest sports arena in the Baltic states.

Latest news

Investment & finance

Poland Polish capital strengthens its presence

schedule 12 March 2025
Opr./edited by ANZ

According to data from Cushman & Wakefield, Poland’s commercial property investment volume hit approx. EUR 5 bln in 2024, marking a strong rebound of around 140 pct year-on-year.

Investment & finance

Hungary Erste Fund's landmark deal

schedule 12 March 2025
Opr./edited by JC

In a record-breaking deal for Hungary’s industrial real estate market, the Erste open-ended Real Estate Investment Fund has acquired two HelloParks warehouses. The facilities provide a combined 84,000 sqm of space.

Office & mixed-use development

Romania Costs rise in Bucharest, ESG gains focus

schedule 12 March 2025
Opr./edited by JC

The average office fit-out costs in Bucharest increased by 12 pct in 2024 compared with the previous year. This evolution aligns with regional trends, according to data from the Cushman & Wakefield Echinox, based on the Fit-Out Cost Guide 2025.

Investment & finance

Europe CPI Europe seals major sales

schedule 11 March 2025
Opr./edited by JC

CPI Europe successfully completed sales of properties in Austria and Czech Republic. Two office buildings were sold in Vienna, along with the Ramada hotel and the myhive Pankrac House office complex in Prague.

Warehouse & industrial

Poland MLP Poznań West packs up

schedule 11 March 2025
Opr./edited by JC

Preston Packaging is set to join the tenants at MLP Poznań West. The packaging manufacturer has secured approx. 7,500 sqm of space, which will be available in H2 of 2025.

Warehouse & industrial

Slovakia Biedronka enters Slovakian market

schedule 11 March 2025
Opr./edited by ANZ

Biedronka retailer, part of the Portuguese group Jerónimo Martins, has moved into a new 28,700 sqm logistics facility at CTPark Voderady in Western Slovakia, marking its entry into the Slovakian market.

Retail & leisure

Czech Republic Luxury goods retailers remain active

schedule 11 March 2025
Opr./edited by ANZ

In 2024, a total of 83 new luxury stores were opened on 20 key premium streets in Europe in 16 cities and 12 countries, according to European Luxury Retail 2025, a study by Cushman & Wakefield. Prague and its Pařížská Street welcomed five new luxury stores, and 2025 is expected to be a record year in this regard.

Warehouse & industrial

Poland & Czech Republic C&W to manage Accolade’s portfolio

schedule 10 March 2025
Opr./edited by JC

Cushman & Wakefield has been appointed as the property manager for part of Accolade’s warehouse and logistics portfolio. The advisory firm will oversee properties with a total area of over 440,000 sqm, located in Poland and the Czech Republic.

Warehouse & industrial

Poland Merity invests in Mazovia

schedule 10 March 2025
Opr./edited by JC

Panattoni announced a strategic partnership with Merity fund, an investment entity specializing in premium logistics properties. Together, they will extend Panattoni Park Warsaw North III by 53,000 sqm.

Eurobuild CEE

Poland March issue of "Eurobuild" out now!

schedule 06 March 2025
Opr./edited by JC

Our March issue is now available: this edition offers a wealth of interviews, in-depth analyses, and comprehensive articles. We're also thrilled to invite you to visit us at MIPIM!

Investment & finance

Poland Capital move for CA Immo

schedule 06 March 2025
Opr./edited by JC

CA Immo has successfully completed the sale of the Bitwy Warszawskiej office complex in Warsaw’s Ochota district., which comprises three seven-storey office buildings with app. 20,000 sqm.

Warehouse & industrial

Poland Sarantis stays with MLP

schedule 06 March 2025
Opr./edited by JC

Sarantis Polska expands warehouse and office space in MLP Pruszków II by 35 pct, reaching over 24,000 sqm. The cosmetics and household goods manufacturer and distributor will gain access to the new facility in November.

Office & mixed-use development

Poland WSiP stays in the Equator II

schedule 05 March 2025
Opr./edited by ANZ

WSPI, a pedagogical publisher, has decided to remain for another six years at its current headquarters, located in the Equator II building on Al. Jerozolimskie in Warsaw. The institution has extended its lease agreement for over 2,500 sqm of space. 

Office & mixed-use development

Poland New home for T-Mobile

schedule 05 March 2025
Opr./edited by JC

T-Mobile is moving part of its teams from Łódź to the Ogrodowa Office building. In the facility owned by Warimpex, the company has leased nearly 2,400 square meters.

Retail & leisure

Poland Green light for Projekt Góraszka

schedule 05 March 2025
Opr./edited by ANZ

Ceetrus, the investor behind the Projekt Góraszka shopping and entertainment complex in Wiązowna on Warsaw’s eastern outskirts, has obtained a building permit for a mixed-use development.

ESG

Poland Vibe leads the way

schedule 05 March 2025
Opr./edited by JC

The Ghelamco-owned Vibe has received DGNB New Buildings International 2020 Gold certificate. This is the first office building in Poland with such certification.

Hotels

Croatia First Autograph in Croatia

schedule 05 March 2025
Opr./edited by JC

Autograph Collection Hotels debuts in Croatia with The Isolano, Cres, Autograph Collection. Located in a pine grove overlooking the Adriatic Sea, the boutique hotel offers 49 guestrooms and suites.

Exclusive
Eurobuild CEE

Poland Towards the Shire

schedule 05 March 2025
Opr./edited by ANZ

We talk to Jakub Gładysz from the Better Służewiec Association about the future of Warsaw's Służewiec, once a business district with the infamous name Mordor but now an increasingly popular residential area.

Warehouse & industrial

Poland No changes on the horizon

schedule 05 March 2025
Opr./edited by JC

According to Axi Immo, Poland’s industrial and logistics real estate sector remains stable, continuing to be one of the key segments of the commercial property market both nationally and across Europe.

Office & mixed-use development

Poland Tryton takes the stand

schedule 04 March 2025
Opr./edited by JC

The Regional Court and the Court of Appeal in Gdańsk are relocating selected departments to new premises in the Tryton Business House office building. The two institutions will occupy approximately 2,800 sqm of leasable space.

Latest in Construction

schedule 10 February 2025

2025 looks optimistic for the construction companies

According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction groups in 2023 amounted to PLN 152 bln, which accounted for more than 60 pct of the revenues of the entire sector of medium and large construction companies. 

schedule 02 September 2024

Strabag to build The Arc

Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office property, The Arc. The investment will bring a ten-story, class A office building to the 6th District of Bucharest.

schedule 06 May 2024

Digitalisation to the rescue

In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real estate industry at the moment. In addition, the expert survey focused on the effects of megatrends such as demographic developments, digitalisation and urbanisation.

schedule 08 January 2024

There's hope in the modules

According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated buildings made of wood, steel, concrete, or LECA generated revenue of nearly PLN 10 bln in 2022, with 47 pct of the figure contributed by sales in the modular building segment.

schedule 17 July 2023

Erbud and Daewoo sign five-year MOU

Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement projects in the energy and key industrial, infrastructural and military sectors across Poland.

schedule 03 July 2023

Russian builders enlisted in return for orders

Moscow city authorities have “asked” development and construction companies to enlist their workers to fight in the war in Ukraine in exchange for orders. One of these corporations is to provide the Russian defence ministry with 30 volunteers ready to be posted to the front by the end of August.

schedule 17 April 2023

Skanska to build for CD Projekt

Skanska has been commissioned to construct a new building for Polish video game developer CD Projekt on its main campus in Warsaw’s Praga Północ district.

schedule 02 March 2023

Training centre in Attendorn

Viega has launched an interactive training centre near its headquarters in Attendorn. Over five floors, Viega World occupies a total of 12,000 sqm of space.

schedule 12 July 2022

Frontex opens new HQ tender

Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headquarters in Warsaw.

schedule 22 June 2022

Erbud wins PLN 30 mln WUM contract

Erbud has been awarded a PLN 29.8 mln contract to modernise the Rector’s Office of the Medical University of Warsaw (WUM).

schedule 20 May 2022

Atlas Ward starts work on Szczecin sheds

Atlas Ward Polska has started work on two logistics parks with a total area of over 70,000 sqm on the eastern outskirts of Szczecin for Panattoni.

schedule 11 May 2022

Rex-Bud to build MDC2 Park Gliwice

Polish industrial developer MDC2 has chosen Rex-Bud Budownictwo to be the general contractor for MDC2 Park Gliwice in Upper Silesia.

schedule 29 April 2022

FineTech chosen to complete Lixa

Yareal has commissioned FineTech Construction to be the general contractor responsible for completing the final stages of its Lixa office complex in Warsaw.

schedule 28 April 2022

Prices rise for construction

Prices for building materials in Poland increased by close to 30 pct over the last twelve months according to Savills.

schedule 21 March 2022

Erbud to rebuild Gdańsk shipping infrastructure

Erbud is to reconstruct the Nabrzeże Szyprów shore in Gdańsk for PLN 28.5 mln.

schedule 25 February 2022

Hochtief builds for Warsaw University

Hochtief Polska has completed construction work on an educational building for the University of Warsaw on ul. Dobra for the department of applied linguistics.

schedule 28 January 2022

Financing secured for completion of The Park Kraków

International investor Cain International and its local development partner, White Star Real Estate, have secured a EUR 36 mln loan from PKO BP to complete the development of The Park Kraków.

schedule 26 January 2022

Erbud takes in GWI for wooden mod cons

Polish construction firm Erbud has merged its subsidiary Mod21 with German wooden modular buildings specialist GWI to establish a new company, also called Mod21.

schedule 31 December 2021

Erbud wins PLN 300 mln Lidl contract

Erbud has been awarded a PLN 298.4 mln contract to build a distribution centre for discount retailer Lidl near Błonie, west of Warsaw.

schedule 02 December 2021

Erbud to build three residential blocks in Warsaw

Erbud has announced a PLN 52.8 mln contract with Polish Export Trade & Investment to build three residential buildings in Warsaw’s Praga-Południe district.

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Edition 3 (296) March 2025

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