Warehouse & industrial
Harden Construction has started work on City Logistics Łódź V, an urban logistics and production facility for Panattoni in Łódź. The project will provide space for tenants including PGC and Zadbano.
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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.
Residential
Monting Development has secured the final building permit for CU-Cynamonowa Ursynów, a residential project in Warsaw’s Ursynów district. Construction is due to start in early October.
Office & mixed-use development
Demographic change will make Poland’s office market more concentrated and selective over the next decade, with location, quality and flexibility becoming increasingly important. According to JLL, the resilience of office buildings through 2035 will increasingly depend on the concentration of talent in major cities, an ageing workforce, growing recruitment pressure and the ability of offices to accommodate multigenerational teams.
Office & mixed-use development
Aliaxis Poland has chosen Sky Tower in Wrocław as the location for its shared services centre supporting the EMEA region. The company is moving from a serviced office into its own dedicated space.
Office & mixed-use development
Dutch IT consultancy Itility has opened its first Romanian office in Palas Campus in Iași, taking space at the office project developed by IULIUS. The company plans to grow its local team to 100 employees.
Warehouse & industrial
CTP has signed a 24,400 sqm lease with Romstal at CTPark Bucharest South, strengthening the Romanian logistics developer’s portfolio in one of the country’s key distribution hubs.
ESG
PAD RES Group has secured PLN 192.5 mln in long-term financing from UniCredit to fund the construction and operation of three photovoltaic farms in Poland with a combined capacity of 133 MW.
Investment & finance
UNIQA Real Estate is launching a EUR 600 mln office real estate fund for third-party investors, targeting Core and Core Plus properties in Austria, Poland and the Czech Republic.
Residential
The first stage of Nova Wola Park in Nowa Wola near Warsaw has received its occupancy permit. CK Development has started handing over apartments and keys to buyers, while sales of the second stage are underway.
Retail & leisure
Primark is preparing to open a store in G City Biała in Białystok. The nearly 3,500 sqm store will be the retailer’s first in the Podlaskie region.
Retail & leisure
Polish cosmetics brand HDREY has opened its first store in Katowice, at Silesia City Center. It is also the brand’s first store in the Silesian region.
Residential
Slovak investment company Sandberg Capital is investing in the Rezidence Hausmannova residential project in Prague’s Modřany district. The developer has secured a building permit and plans to start construction and apartment sales in October.
Construction
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.
Investment & finance
Skanska has agreed to sell the second stage of its H₂Offices complex in Budapest to the ERSTE Open-Ended Real Estate Investment Fund, represented by ERSTE Alapkezelő Zrt. It will be the fund’s sixth office acquisition from Skanska in Hungary.
Investment & finance
A joint venture between Belgian real estate investor AYA Properties Fund and Polish family-owned Curtis Group has acquired Chmielna 13A, a fully let mixed-use property in central Warsaw, from CPI Property Group. The deal marks AYA’s third Warsaw investment, following Metron in 2024 and Sienna Center in 2026.
Investment & finance
Hillwood Polska has sold a portfolio of four logistics properties for EUR 150 mln. The portfolio comprises nearly 200,000 sqm of warehouse and office space across major logistics markets in Poland.
Residential
Archicom has signed an agreement with Unibep for the construction of the first two buildings at its Kolektyw residential project in Poznań. The contract is worth around PLN 87 mln net and covers 278 apartments. Construction is scheduled to start in Q4 2026 and finish in Q2 2028.
ESG
The Building Research Establishment (BRE) has launched the seventh version of its BREEAM Refurbishment and Fit Out Commercial standard (BREEAM RFO V7), updating the guidelines for refurbishment and fit-out works in existing commercial buildings. The new version places greater emphasis on reducing carbon emissions, improving energy efficiency, strengthening climate resilience and protecting the long-term value of property assets.
Office & mixed-use development
Price is no longer the only issue in Warsaw office negotiations. Finding the right space is becoming a challenge in its own right, with vacancy in the city centre falling to 4.8 pct and to 3.6 pct around Rondo Daszyńskiego. With demand holding up and little new space coming onto the market, the best offices are being taken up quickly.
UNIQA Real Estate is launching a EUR 600 mln office real estate fund for third-party investors, targeting Core and Core Plus properties in Austria, Poland and the Czech Republic.
Skanska has agreed to sell the second stage of its H₂Offices complex in Budapest to the ERSTE Open-Ended Real Estate Investment Fund, represented by ERSTE Alapkezelő Zrt. It will be the fund’s sixth office acquisition from Skanska in Hungary.
A joint venture between Belgian real estate investor AYA Properties Fund and Polish family-owned Curtis Group has acquired Chmielna 13A, a fully let mixed-use property in central Warsaw, from CPI Property Group. The deal marks AYA’s third Warsaw investment, following Metron in 2024 and Sienna Center in 2026.
Hillwood Polska has sold a portfolio of four logistics properties for EUR 150 mln. The portfolio comprises nearly 200,000 sqm of warehouse and office space across major logistics markets in Poland.
WDP has acquired a logistics property in Krefeld, North Rhine-Westphalia, for approximately EUR 19 mln, expanding its German platform through a selective value-add investment. The property comprises around 28,000 sqm of warehouse space, including an automated high-bay facility, and is fully leased to an international automotive company.
Panattoni has completed the sale of Panattoni Park Poznań A2, a 150,000 sqm logistics complex in Robakowo, near Poznań. The property is fully leased to a fashion company and serves as one of its key logistics hubs in Europe. The buyer has not been disclosed.
Vilea Property Boutique has become the exclusive Christie’s International Real Estate partner in Poland. The partnership brings the Polish firm into the global, invitation-only network specialising in luxury real estate.
PGIM has sold a 30-megavolt ampere (MVA) data centre development site in Unterschleissheim, Greater Munich, to a European infrastructure investor.
Mint rezidenční fond, which operates in the private rented sector (PRS), has bought 306 new apartments from developer Metrostav Development at the Vysočanský mlýn complex in Prague. The building has 11,500 sqm of floor space. The deal takes Mint’s total number of apartments in the complex to 547, more than half the total number of apartments in the complex.
Commercial real estate remains a significant source of credit risk for German banks, with the sector expected to maintain an elevated non-performing loan (NPL) ratio through 2027, according to the 2026 NPL Barometer from the Bundesvereinigung Kreditankauf und Servicing (BKS) and Frankfurt School of Finance & Management.
Uniqa is opening its EUR 3 bln real estate platform to third-party investors, marking a new push into external capital after five decades of managing property for its own group.
Poland’s planning reform is changing the way land is valued, according to Walter Herz. Plots covered by a local zoning plan (MPZP), a legally binding zoning decision (WZ) or with secured development potential are gaining value, while sites without a clear path to development are becoming increasingly risky. As a result, planning risk is emerging as a key factor in land values, with investors increasingly willing to pay for greater certainty over the development process.
Romanian developer Nusco has signed a EUR 21.4 mln financing agreement with Exim Banca Românească.
CEECAT Capital has raised EUR 135 mln at the first close of its third fund, targeting EUR 200 million and with a EUR 250 million hard cap.
Poland’s commercial real estate market attracted EUR 3.06 bln in investment in the first half of 2026, up 72 pct from a year earlier. According to Colliers’ 'Market Insights H1 2026' report, Poland was once again the largest investment market in Central and Eastern Europe, accounting for more than half of the region’s total investment volume.
Bucharest is gaining ground among Europe’s more attractive real estate markets, supported by rental growth across major sectors and investment yields that remain well above Western European levels, according to Cushman & Wakefield’s ‘DNA of Real Estate Europe Q2 2026’ report.
Poland is strengthening its position among developed markets. S&P Dow Jones Indices has decided to reclassify the country from an emerging to a developed market. The change will take effect in September 2027, when Poland will join the S&P Developed BMI as the 27th country in the index. FTSE Russell and STOXX already classify Poland as a developed market.
Romanian investors have acquired commercial real estate worth a combined EUR 2.066 bln over the past 20 years, with 69 pct of that capital invested since 2020, according to Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
Polish hotel company De Silva City has acquired four hotels from Essendi Poland in Warsaw and Szczecin. The value of the transaction was not disclosed.
W. P. Carey has completed a EUR 52 mln sale-leaseback of two industrial properties in Wałcz and Rybnik, Poland, used by Purmo Group. Totalling approximately 83,400 sqm, the properties have been leased back to Purmo under a 20-year triple-net agreement with annual CPI-linked rent increases.
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 ...
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- ...
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.
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residen ...
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 ...
PAD RES Group has secured PLN 192.5 mln in long-term financing from UniCredit to fund the construction and operation of three photovoltaic farms in Po ...
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.
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
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 ...
UNIQA Real Estate is launching a EUR 600 mln office real estate fund for third-party investors, targeting Core and Core Plus properties in Austria, Po ...
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 ...
Demographic change will make Poland’s office market more concentrated and selective over the next decade, with location, quality and flexibility becom ...
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 ...
Monting Development has secured the final building permit for CU-Cynamonowa Ursynów, a residential project in Warsaw’s Ursynów district. Construction ...
Primark is preparing to open a store in G City Biała in Białystok. The nearly 3,500 sqm store will be the retailer’s first in the Podlaskie region.
Logicor is set to complete the rollout of smart metering across all 18 of its logistics parks in Poland by the end of 2026, giving tenants real-time v ...
Harden Construction has started work on City Logistics Łódź V, an urban logistics and production facility for Panattoni in Łódź. The project will prov ...
September 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 ...