Residential
Varitex has launched apartment sales for the third stage of Osiedle Zastawna OdNova in southern Łódź. The stage will comprise 16 terraced buildings with single-family and two-unit homes, most with private gardens.
Construction
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.
Warehouse & industrial
ATC Cargo has started operations at a new 70,000 sqm logistics centre in Barniewice near Gdańsk. The facility will handle fulfilment and e-commerce operations.
Residential
Yareal has sold the final apartment in its SOHO by Yareal project in Warsaw’s Kamionek district, completing seven years of residential development on the former industrial site.
Retail & leisure
A new 157 sqm men’s fashion store featuring Vistula, Wólczanka and Bytom has opened at Focus Mall Piotrków Trybunalski.
Office & mixed-use development
Cavatina Holding, the developer of Quorum Tower on ul. gen. Sikorskiego, is redeveloping approximately 3.8 ha of public space around the project at its own expense. The works include new riverside boulevards, public squares, cycle paths and upgraded streets, with parts of the area already open to residents.
Investment & finance
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.
Residential
Corallis Apartments, the residential project developed by Kész Group on the shores of Lake Grivița, has entered the final stage of construction. Exterior works and interior finishes are now underway, bringing the 221-home development in Bucharest’s Sector 1 closer to completion.
Office & mixed-use development
Kraków’s office market saw a sharp drop in tenant activity in the first half of 2026, while the gap between central and non-central locations continued to widen. Gross take-up fell 58 pct year on year to 73,000 sqm, while net take-up dropped 27 pct to 36,000 sqm, according to Axi Immo’s latest report.
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.
Residential
Archicom, a developer within the Echo Group, has secured an occupancy permit for the second stage of its Flow residential project in Łódź’s New Centre. More than 80% of the apartments in this stage have already been sold, with mainly one- and two-bedroom units still available.
Residential
Developers are becoming more confident about the residential market after a strong July, according to the latest Developer Sentiment Index from housing portal Tabelaofert. The Sales Momentum Change Index rose to 0.53 in August, its highest level this year, while 57.5 pct of developers surveyed now expect sales to increase over the coming months.
Hotels
Mövenpick has opened its first hotel on Croatia’s Adriatic coast in Novi Vinodolski. The resort includes 198 hotel rooms and suites, as well as 304 privately owned residences, with the first phase already on sale at prices starting from EUR 345,000.
Warehouse & industrial
Bestsecret has leased 108,000 sqm at EQT Park Poznań Żerniki. The agreement was signed by EQT Exeter Europe Logistics Value Fund IV, managed by EQT Real Estate. It is one of the largest warehouse leasing transactions in Poland in 2026.
Retail & leisure
A retail park in Ruda Śląska in Silesia is 100 pct leased prior to its completion by PKB Inwest Budowa.
Office & mixed-use development
Germany’s Federal Financial Supervisory Authority (BaFin) has signed a 15-year lease for approximately 23,000 sqm at RAW Frankfurt. The authority is expected to move in in 2028, following the completion of the landmark property’s redevelopment.
Hotels
Hotel investment transactions in Poland were worth EUR 59 mln in the first half of 2026, down 24 pct year on year. At the same time, Warsaw is expected to be the fastest-growing hotel market among the CEE-6 capitals in terms of room supply in 2026, with a forecast increase of 7.2 pct.
Retail & leisure
BIG Włocławek is strengthening its retail offer. On August 26, a new Sinsay store of nearly 900 sqm opened at the retail park. It is another well-known brand to join the property’s tenant mix.
Construction
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.
Warehouse & industrial
The first six months of 2026 brought a clear recovery in tenant activity, while developers maintained a cautious approach. Demand for warehouse and industrial space increased by 21.3 pct year on year, while the vacancy rate fell to 6.6 pct, according to the latest Warehouse and Industrial Market in Poland report by advisory firm Newmark Polska.
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.
The first half of 2026 brought a clear recovery in the Central and Eastern European commercial real estate market. Investors in the six countries analysed completed transactions worth a combined EUR 5.5 bln, up 20 pct year on year. More important than the increase in volume, however, is the return of large deals across multiple sectors and most markets in the region.
Global Vision has acquired a property comprising two office towers in Bucharest’s Charles de Gaulle–Dorobanți area, in a deal worth several tens of millions of euros.
Investment in European real estate reached around EUR 53 bln in Q2 2026, up 6 pct year on year. The transaction volume came to more than EUR 100 bln in the first half of the year. Poland was among the countries where investment activity grew fastest.
Romania’s new Territorial Planning, Urbanism and Construction Code (CATUC) changes how real estate projects are planned, approved and developed. For Dan Craciunescu, founder of West Group, which operates in both Romania and Germany, the new Code introduces principles that bring Romania closer to practices used in the German market and could provide a more predictable framework for urban planning.
Henley has completed the sale of Galeria Pestka, a 41,658 sqm shopping centre in Poznań, Poland, to OPAL CENTRES, part of DromeStar Group. During Henley’s ownership, annual footfall rose from 4.8 mln to 5.1 mln, returning above pre-pandemic levels, while occupancy remained above 95 pct.
Retail accounted for 36 pct of total commercial real estate investment in both Poland and Italy in Q2 2026, the highest share among the eight European markets reviewed in the latest Focus Estate Fund ‘Quarterly Litmus Paper’. The report points to sustained investor demand for retail parks and food-anchored assets, supported by low vacancy, resilient consumer spending and a constrained supply of high-quality space.
Cavare by Cavatina will develop a 310-unit PRS project in Gdańsk for Urban Partners’ Lett platform. Once completed, Palio D1 will operate as Lett Stocznia, bringing Lett’s portfolio at the Palio complex to 646 units.
EPP has completed the EUR 106 mln refinancing of four M1 shopping centres in Bytom, Częstochowa, Poznań and Radom. The refinancing supports the company’s efforts to optimise its capital structure. Absa Corporate and Investment Banking and Nedbank Corporate and Investment Banking (Nedbank CIB) provided the financing in equal shares.
Horizon City, a residential being project developed by British investor Ghai Sant Ram in northern Bucharest, has secured EUR 36.5 mln in financing from Libra Internet Bank. The funds will be used to continue and accelerate construction works, with full project completion targeted for the first half of 2027, six months earlier than initially announced.
The first half of 2026 saw a clear recovery in investment activity on Poland’s office market. Total transaction volume reached around EUR 594 mln, up 38 pct year-on-year.
Nine plots totalling 4.4 ha are being put up for auction, with the site offering an opportunity to create Reda’s first city centre.
PSN has completed the acquisition of an office building at Botanická 56 in the Brno-Veveří district. Existing tenancy agreements will remain unchanged, with Aquatis, part of the industrial group Safichem Group, continuing as a key tenant.
Dutch real estate group Van der Vorm is expanding into a new business line in Poland focused on asset-backed real estate financing. The group's first transaction of this kind on the Polish market was a bridge loan of approximately PLN 13 mln granted to a real estate developer. KWKR advised Van der Vorm on the structuring and closing of the transaction.
NEPI Rockcastle has acquired MegaPark Barakaldo — one of northern Spain's leading shopping and leisure destinations — from Le Retail Hiper Ondara, part of HLRE Socimi, for EUR 252 mln net. The deal marks NEPI Rockcastle's entry into Spain and its first investment outside Central and Eastern Europe.
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 250 mln green loan to NE Property BV, a subsidiary of NEPI Rockcastle, to finance sustainable real estate investments across Central, Southern and Eastern Europe.
Greek-based real estate investor Trade Estates is to acquire a 50 pct stake in Sofia South Ring Mall from Fourlis Holdings for EUR 49.35 mln.
More than EUR 3 bln was invested in Polish commercial real estate in H1 2026, largely driven by the return of major institutional investors – according to BNP Paribas Real Estate Poland.
July saw a shift in the supply-demand ratio across Poland’s seven largest housing markets. The pool of available developer units fell below the 60,000 threshold, and sales increased by 12 pct y-o-y, while the number of new projects declined significantly.
Apsys has completed the acquisition of the 3 Stawy shopping centre in Katowice. The 38,600 sqm gla mall was acquired from a fund managed by Union Investment.
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 ...
Poland’s construction sector is facing increasing labour shortages, with the industry short of around 150,000 workers. Turnover among engineers has re ...
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.
While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According ...
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 launched two identical solar farms in Biesiekierz municipality, Koszalin district. The installations have a combined capacity of 24 ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
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 ...
Mövenpick has opened its first hotel on Croatia’s Adriatic coast in Novi Vinodolski. The resort includes 198 hotel rooms and suites, as well as 304 pr ...
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Polish State Railways (PKP) has launched a tender to appoint a contractor to build a new railway station in Łapy, with bids due by 28 August. Construc ...
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 ...
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 approxi ...
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 ...
Cavatina Holding, the developer of Quorum Tower on ul. gen. Sikorskiego, is redeveloping approximately 3.8 ha of public space around the project at it ...
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 ...
Varitex has launched apartment sales for the third stage of Osiedle Zastawna OdNova in southern Łódź. The stage will comprise 16 terraced buildings wi ...
A new 157 sqm men’s fashion store featuring Vistula, Wólczanka and Bytom has opened at Focus Mall Piotrków Trybunalski.
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
ATC Cargo has started operations at a new 70,000 sqm logistics centre in Barniewice near Gdańsk. The facility will handle fulfilment and e-commerce op ...
June 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 ...