Office & mixed-use development
The supply of modern office space in Poland's eight largest regional cities reached 6.73 mln sqm. Although the market is showing signs of stabilisation, it is experiencing a significant slowdown in new supply, state Colliers in the latest 'Market in Minutes – Office market in regional cities Q3 2025' report.
Material partner
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players in the logistics real estate sector. The company combines an integrated one-stop-shop model with strong global partnerships, complementary logistics platforms and a deep commitment to sustainability.
Retail & leisure
PSN has completed the reconstruction of the Grand Department Store in Pardubice. The historic building has been transformed into a modern, mixed-use retail and service complex spanning over 3,500 sqm, with a food court, a boutique cinema, and co-working space.
Office & mixed-use development
Construction of the AFI Tower has begun. The 40-storey building will provide over 50,000 sqm of office space. Completion of the 150m skyscraper is scheduled for the second half of 2028.
Warehouse & industrial
In Q3 2025, industrial construction volume in the Czech Republic reached a two-year high, and demand was significantly stronger than in the previous year, according to the latest findings of the Industrial Research Forum.
Warehouse & industrial
Omida Group has leased 10,000 sqm in Prologis Park Teresin. The new location was chosen because it provides easy access to Warsaw and major transport routes in Poland and Europe.
Warehouse & industrial
The development of the country’s motorway network is shortening travel times between regional centres and connecting the country to the European transport network, fundamentally reshaping the industrial real estate market in the Czech Republic. Development activity, which has so far been concentrated mainly around Prague, Brno, Ostrava and Plzeň, is also shifting. Attention is currently turning to cities such as Olomouc, Jihlava and Liberec; with České Budějovice and Litomyšl set to join them in the coming years.
Warehouse & industrial
Panattoni has begun construction of a new distribution centre in Łódź for Media Expert. Media Expert is Poland’s largest retailer of consumer electronics and household appliances, operating over 600 brick-and-mortar stores. The 208,000 sqm project being developed in an investment of PLN 500 mln, will be one of the largest warehouse centres in the country.
Office & mixed-use development
Strabag subsidiary Züblin, in partnership with ROM Technik is to construct the first phase of the IPAI Campus in Heilbronn. The IPAI Campus is to be an innovation park for artificial intelligence.
Office & mixed-use development
Fortress Logistics Real Estate has entered the Metropolitan Warsaw building on pl. Piłsudskiego.
Office & mixed-use development
Civil aviation maintenance provider Lufthansa Technik has signed an 850 sqm lease for office space in the Infinity building in Wrocław.
Residential
StudentSpace, the student housing platform created by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, has begun construction on it first student residence in Warsaw on ul. Wołoska. The eight-storey building, scheduled to open in October 2026, will provide over 500 beds.
Warehouse & industrial
Fulfilment services provider VAH Jager, has leased an additional 10,000 sqm of space in Garbe Industrial's Oberkrämer logistics park just north of Berlin. The company already occupies a 30,000 sqm, bringing its total space leased to 40,000 square meters in the centre.
Infrastructure
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Office & mixed-use development
Available office space is rapidly declining according to the latest figures from Cushman & Wakefield. The vacancy rate in Warsaw fell to just 9.7 pct, while in the central zone it reached 6.9 pct. Combined with limited new supply and stable demand, this is resulting in increasing upward pressure on rents in the city centre.
Retail & leisure
The economies of Central and Eastern European continue to grow, outpacing many Western European peers despite external trade uncertainties and recent inflationary pressures. The region’s resilience is increasingly driven by consumer spending, supported by moderating inflation and real wage growth, according to Colliers' latest report “ExCEEding Borders CEE 2025: Retail parks: Diverse Growth, Shared Momentum”.
Office & mixed-use development
At the end of Q3 2025, the vacancy rate in Warsaw declined to around 9.7 pct. Leasing activity continued to be concentrated in central locations and in modernised buildings. New supply remains limited and is heavily concentrated in the city centre. Prime rents remain stable, with slight upward pressure, states Axi Immo in its latest report
Warehouse & industrial
Panattoni is constructing around. 35,000 sqm modern logistics space on a former Ford factory in Cologne, which is currently the only industrial development in the city. Completion is slated for July 2026.
Investment & finance
The investment market in Poland for Q1-Q3 2025 reflects stable market conditions, with year-to-date volume aligning closely with the Q1-Q3 of 2024. By the end of September, the Polish investment market reached a total volume of EUR 2.6 bln with 105 transactions, showing increased liquidity. Polish capital continues to grow in importance, taking advantage of attractive pricing opportunities. In contrast, core capital remains cautious, with only two transactions of more than EUR 100 mln.
ESG
The south tower of GTC's City Gate office complex in Bucharest has become the first building in Romania to be awarded LEED Gold v5 certification with a rating of Gold.
StudentSpace, the student housing platform created by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, has begun construction on it first student residence in Warsaw on ul. Wołoska. The eight-storey building, scheduled to open in October 2026, will provide over 500 beds.
According to JLL and RynekPierwotny.pl, the Price Transparency Act has caused considerable confusion in the housing market, but the anticipated reduction in housing prices has not yet been seen.
Kraków is strengthening its position as the third-largest PRS market in the country. The city already has 25 professionally managed projects with over 3,800 units, according to CBRE's report 'Institutional PRS Market in Poland.'
Zeitraum Racławicka, in Kraków's Krowodrza district, is launching nearly 200 serviced apartments. The rental units are in the right wing of the building, and mirror the private student residence that opened in the summer.
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartments and six commercial units are to be completed by March 2028.
Resi4Rent has opened a new centre on ul. Romanowicza in Kraków with 873 fully-furnished rental apartments, coworking areas, a cinema, green patios, and terraces.
Vantage Development, a Tag Immobilien subsidiary, has acquired 18 Resi4Rent projects with 5,000 PRS units for PLN 2405 mln. The deal is subject to approval from the Polish antitrust authorities.
Over the next two years, the number of beds in private student residence halls will increase by 70 pct, according to the latest analysis by Knight Frank.
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Noli Studios is to open its latest project in the Tricity in July. The Czerwone Koszary barracks has been transformed into a PRS project with hotel services.
Heimstaden has begun apartment sales for its Oh!Praga development in Warsaw.
The European Bank for Reconstruction and Development has lent EUR 25 mln to Resi4Rent to support the expansion of the company’s rental housing platform across Poland.
The European living sector, including PRS, PBSA, and collective living solutions, continues to attract strong investor interest.
Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.
JLL experts present an analysis of the rental sector along with an outlook for the future. At the end of 2024, there were more than 22,300 units in the PRS sector in Poland, of which around 26 pct were brought to market last year.
The Mint residential fund is planning to extend its portfolio by 500 apartments in 2025, increasing the value of its assets by CZK 4.5 bln.
The PBSA market represents an attractive investment opportunity, although it still remains a niche market, according to the authors of a report prepared by Savills.
According to Walter Herz experts, the premium real estate market in Poland is steadily growing, though at a slower pace compared to previous years. The prices of luxury homes and apartments are also rising, influenced by a variety of factors. The perception of luxury is also changing.
A new report by Avison Young describes the current situation in the Private Rented Sector in Poland. The market has experienced a decade of growth, however, institutional rental sector is still in its early stages, with the first transaction completed in 2014.
Matexi Polska has announced a new investment in Warsaw's PRS, aimed at meeting growing investor demand for bulk apartment purchases. The project will be located on Aleje Jerozolimskie.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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.
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 ...
The south tower of GTC's City Gate office complex in Bucharest has become the first building in Romania to be awarded LEED Gold v5 certification with ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed 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 ...
Leading aparthotel operator Staycity Group and international investment firm Solida Capital has announced a strategic partnership for the development ...
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
The investment market in Poland for Q1-Q3 2025 reflects stable market conditions, with year-to-date volume aligning closely with the Q1-Q3 of 2024. By ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
The supply of modern office space in Poland's eight largest regional cities reached 6.73 mln sqm. Although the market is showing signs of stabilisatio ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
StudentSpace, the student housing platform created by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, has begun construction o ...
PSN has completed the reconstruction of the Grand Department Store in Pardubice. The historic building has been transformed into a modern, mixed-use r ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
In Q3 2025, industrial construction volume in the Czech Republic reached a two-year high, and demand was significantly stronger than in the previous y ...
EXPO REAL 2025: From survival mode to selective recovery
EXPO REAL 2025: From survival mode to selective recovery
Axi Immo
This year’s EXPO REAL in Munich marked a noticeable shift in tone across industry conversations. Following a period of uncertainty and postponed investment decisions, the com ...
Are lease agreements in retail parks still triple-net?
Are lease agreements in retail parks still triple-net?
CMS
The lease agreements concluded for retail parks increasingly feature solutions that differ from the classic Triple Net Lease agreements, particularly as regards the settlement of o ...
Flex market picks up momentum
Flex market picks up momentum
Walter Herz
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...