EC says yes to Westin purchase
Investment & finance
Investment & finance
Granit Pólus Group has completed the refinancing of the Westend mixed-use complex with a EUR 290 mln green loan, marking the largest real estate refinancing transaction in Hungary over the past five years and setting a new record for financing secured by a single property in the country.
Retail & leisure
The North Face has opened its first and only outlet store in Poland at Designer Outlet Warszawa. The new 171 sqm store offers a range of outdoor clothing, footwear and accessories for hiking, mountain sports and everyday wear.
Warehouse & industrial
CTP has delivered a new 56,000 sqm distribution centre for LPP Logistics at CTPark Bucharest West.
Warehouse & industrial
CTP has signed a ten-year lease agreement with InterPadel, which will open a new sports centre at CTPark Warsaw Janki. The development will comprise a standalone building of nearly 3,000 sqm, including nine padel courts.
Residential
Portico Marina Invest has appointed Alfa-Bet Polska as the general contractor for its Portico Marina residential development on the shores of Zegrze Lake. Construction is due to begin in August 2026, with completion scheduled for the third quarter of 2028.
Investment & finance
Syrena Real Estate has acquired the historic Renaissance Building in Warsaw's city centre, with financing from Bank Pekao.
Warehouse & industrial
The Industrial Research Forum presents an overview of Slovakia's warehouse and industrial real estate market in Q2 2026. Total supply of modern industrial space reached 4.89 mln sqm. The gross take-up totalled 93,400 sqm, representing a 9 pct y-o-y decrease. The net take-up (excluding lease renegotiations) amounted to 66,600 sqm. The Vacancy rate increased slightly q-o-q to 7.80 pct. A total of 25,800 sqm of new space was delivered to the market in Q2 2026, while 265,800 sqm of space was under construction, with 37 pct already pre-leased. Prime rents stayed flat at EUR 5.30 per sqm per month.
Office & mixed-use development
Warsaw’s office stock expanded by 45,210 sqm in H1 2026, driven by the completion of Studio A, Vena and the refurbishment of Przemysłowa 26-26a. While new office developments were completed in Q1, Q2 saw only the final phase of the refurbishment of Przemysłowa 26, according to the latest figures from Avison Young.
Hotels
Saltic, a Polish hotel developer and operator, has appointed Mirbud to construct its Saltic Zieleniec development in Duszniki-Zdrój with work to begin in early August 2026 and completion scheduled for July 2028.
Retail & leisure
Victoria's Secret has announced the opening of a new store in Gdańsk. The lingerie and beauty retailer will welcome its first customers on 21st August 2026 at Forum Gdańsk shopping centre.
Retail & leisure
Vision Express has moved to a larger store within the Galeria Jurajska shopping centre in Częstochowa, where it has introduced its latest 'Easy Vision' store concept.
Public buildings
Agrobex Budowa has been appointed as the general contractor for the restoration of the Dewin–Biberstein–Promnitz Castle in Żary. The 13th-century landmark in western Poland's Lubusz region will be transformed into a new Centre for Culture and Tradition.
Office & mixed-use development
The first half of 2026 saw a strong recovery in Warsaw’s office market from the occupiers’ side, despite development activity remaining extremely subdued, writes Newmark Polska in its latest 'Office Occupier – Office Market in Warsaw' report
Warehouse & industrial
Panattoni has fully leased Panattoni Park Kielce just a few weeks after the project was completed. The last remaining space was leased as part of an expansion by one of the existing tenants – a market leader in logistics services.
Retail & leisure
The Multikino cinema chain has extended its lease at Galeria Rumia for a further15 years. The cinema has also been completely refurbished to bring it up to the Ultra LUX standard.
Warehouse & industrial
YIT has signed an agreement with UAB Lithuania Defence Services to construct a Leopard 2A8 tank production and maintenance plant in the Kaunas Free Economic Zone. The total value of the design and build contract is around EUR 30 mln, and it will be recorded in the third-quarter order book.
Retail & leisure
Medical clinic brand Villa Nova has extended and expanded its presence in the Vis à Vis Wilanów retail park in Warsaw’s Wilanów district.
Office & mixed-use development
Global insurance company WTW has leased 2,400 sqm of office space in V Tower in central Warsaw for its new Polish headquarters.
Investment & finance
Deka Immobilien has sold the Mokotowska Square office building in central Warsaw to a major tenant of the building, WB Electronics, for around EUR 39 mln.
Retail & leisure
A total of ten retail real estate transactions worth nearly EUR 713 mln were completed in Poland in the second quarter of 2026. According to Cushman & Wakefield, this was more than five times the EUR 140 mln recorded in the same period last year.
Granit Pólus Group has completed the refinancing of the Westend mixed-use complex with a EUR 290 mln green loan, marking the largest real estate refinancing transaction in Hungary over the past five years and setting a new record for financing secured by a single property in the country.
Syrena Real Estate has acquired the historic Renaissance Building in Warsaw's city centre, with financing from Bank Pekao.
Deka Immobilien has sold the Mokotowska Square office building in central Warsaw to a major tenant of the building, WB Electronics, for around EUR 39 mln.
DL Invest Group has secured over EUR 146 mln in financing from Erste Group and Erste Bank Polska to refinance a portfolio of six logistics parks with a total area of around 260,000 sqm. The banks were advised by the law firm CMS.
Deutsche Pfandbriefbank AG (pbb) is providing EUR 42 mln in refinancing for the Bad Hersfeld Ost logistics centre.
Romania’s commercial real estate sector accounts for 54 pct of the loans granted to non-financial companies and recorded a 15 pct annual increase in financing, while the non-performing loan (NPL) ratio, which stands at 6.2 pct, remains below the levels reported for certain segments considered more exposed to risk, according to an analysis performed by the Cushman & Wakefield Echinox real estate consultancy company based on data published by the National Bank of Romania (NBR).
The Sky Office Center has been sold by Hines to a private Polish investor. For this deal the seller was represented by Avison Young.
French fund manager MNK Partners has entered the Polish market with the EUR 2.8 mln acquisition of a 4,000 sqm warehouse and office complex in Lubin.
Invesco Real Estate has sold the Riverview office building in Prague’s Smíchov district to Amundi Real Estate Fund KB 4 (REF4).
According to reports by the Financial Times, Tesco is looking for ways to sell off its remaining European businesses.
AFI Romania has completed the acquisition of six retail parks from Mas, the largest retail park transaction in Romania.
Garbe Industrial has leased 31,000 sqm in Salzgitter to rail vehicle manufacturer Alstom.
The InterCapital Real Estate Fund is to acquire Avenue Mall and the adjacent Avenue Center office building in Zagreb for EUR 100 mln.
The Radisson Blu Hotel Complex in the heart of Bucharest has been refinanced with a EUR 123 mln loan. The hotel complex is owned by Revetas Capital together with funds and accounts managed by Cerberus Capital Management. The facility was underwritten by Deutsche Pfandbriefbank (pbb) with whom Revetas has a long-standing relationship.
Hungarian developer Faedra Group has opened its first office outside its home market, with the establishment of Faedra Polska in Warsaw. The company will primarily focus on the residential sector while simultaneously exploring opportunities in other real estate market segments.
Eastnine has entered into an agreement with Ghelamco to acquire the 40-storey office property The Bridge in Warsaw for EUR 300 mln. The transaction, which is subject to financing, is expected to close in Q4 2026.
Logicor is exiting Hungary with the sale of its operations to Singapore-based Sino Logistics.
Czech real estate fund Aurelia has acquired the Trimaran and City Element office buildings in Prague’s Pankrác district from Pimco Prime Real Estate for EUR 90 mln.
Poles are taking out mortgages online while the memory of Swiss Franc loans is fading with each generation. This is the result of a new study by Business Growth Review commissioned by Otodom, conducted in May of this year, on a sample of 1,328 people.
Strabag Group has purchased the Olivia Star office tower in Gdańsk. This is the largest office building in a regional city with 40,000 sqm gla and the purchase price came to around EUR 150 mln. Kingstone RE represented the purchaser during the transaction and has been mandated with the long-term asset management of the property.
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 ...
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 massi ...
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 ...
Galeria Jurajska has completed BREEAM In-Use recertification with a rating of Excellent for both Asset Performance and Management Performance. The cer ...
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 ...
At the beginning of this year, Erste Group, which was already very active in the real estate financing market in Poland and the CEE region, acquired a ...
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 ...
Saltic, a Polish hotel developer and operator, has appointed Mirbud to construct its Saltic Zieleniec development in Duszniki-Zdrój with work to begin ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Budimex has begun a full-scale refurbishment and modernisation of Grudziądz railway station on behalf of Polish State Railways (PKP). Delivered under ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
Granit Pólus Group has completed the refinancing of the Westend mixed-use complex with a EUR 290 mln green loan, marking the largest real estate refin ...
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 ...
Warsaw’s office stock expanded by 45,210 sqm in H1 2026, driven by the completion of Studio A, Vena and the refurbishment of Przemysłowa 26-26a. While ...
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
Agrobex Budowa has been appointed as the general contractor for the restoration of the Dewin–Biberstein–Promnitz Castle in Żary. The 13th-century land ...
Portico Marina Invest has appointed Alfa-Bet Polska as the general contractor for its Portico Marina residential development on the shores of Zegrze L ...
The North Face has opened its first and only outlet store in Poland at Designer Outlet Warszawa. The new 171 sqm store offers a range of outdoor cloth ...
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
CTP has delivered a new 56,000 sqm distribution centre for LPP Logistics at CTPark Bucharest West.
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 ...