Warehouse & industrial
Poland's warehouse market recorded its strongest-ever demand for the first nine months of a year in 2026, with gross take-up reaching 5.3 mln sqm, up 20 pct year-on-year, according to Colliers' latest market analysis. At the same time, vacancy rates are falling, particularly for large warehouse units, while developers are stepping up construction activity and rental growth is becoming increasingly likely.
Warehouse & industrial
Ajax Systems Poland, a manufacturer of advanced security systems, has leased 4,706 sqm of warehouse and office space at MLP Business Park Łódź. The property was handed over to the tenant in early November 2026.
Retail & leisure
Park Handlowy Świderek, a nearly 24,000 sqm retail park developed by Redkom Development in Otwock, is scheduled to open on 3 December 2026. The development is almost fully leased and will accommodate approximately 35 retail, service and food outlets.
Investment & finance
Falcon Investment Management has secured EUR 52.1 mln in financing from mBank to refinance seven of its 11 retail parks operating under the OTO Park brand. All seven properties included in the transaction are fully let, reflecting the stability of the portfolio.
Residential
PSN is preparing to redevelop a historic residential building on Strossmayerovo Square in Prague. The Rezidence Strossmayer project will comprise 21 apartments ranging from 57 to 167 sqm, alongside two commercial units. Completion is scheduled for Q4 2029.
Residential
Residential transactions in Bucharest could reach approximately 14,200 in the final quarter of 2026, an increase of 23 pct year-on-year, according to Crosspoint Real Estate’s latest market estimates. The recovery in September and October, combined with the traditionally strong year-end season, could narrow the annual decline in sales to around 5 pct.
Investment & finance
GARBE Industrial has sold a fully leased logistics property in Nittendorf, near Regensburg, Germany, to a UK-based investor specialising in logistics real estate. The property comprises approximately 17,700 sqm of building space and benefits from direct access to the A3 motorway.
Office & mixed-use development
Prime headline office rents in Bucharest reached EUR 23 per sqm per month in Q3 2026, rising 9.5 pct year-on-year, according to the Bucharest Office Marketbeat Q3 2026 report by Cushman & Wakefield Echinox. The increase was almost twice the European average of 5 pct, driven by limited availability of high-quality office space in the capital’s most sought-after locations.
Warehouse & industrial
Poland's warehouse market ended the third quarter of 2026 with stronger occupier demand, increased development activity and declining availability of vacant space. According to Cushman & Wakefield, the vacancy rate fell to 5.7 pct, while gross take-up reached 1.79 mln sqm.
Investment & finance
The European real estate market is awaiting a more sustained recovery, but Poland remains one of the region's most promising investment destinations. According to the report 'Emerging Trends in Real Estate Europe 2027', prepared by PwC and the Urban Land Institute (ULI), Warsaw has retained 12th place in the European investment and development prospects ranking for the third consecutive year.
Construction
Construction has officially started on Munich Arena, a new live entertainment complex scheduled to open in 2029. The development, valued at more than EUR 400 mln, will include a concert venue for approximately 20,000 spectators, a music-themed hotel, a mobility centre and recreational areas. Drees & Sommer is responsible for project management.
Investment & finance
The Czech Republic's commercial real estate market recorded EUR 2 bln in investment transactions in the first three quarters of 2026, with domestic investors accounting for more than 65 pct of the total. According to CBRE, annual investment volume could reach EUR 2.7–3 bln, supported by major deals involving the Riverside Karlín office complex and Centrum Stromovka shopping centre.
Investment & finance
Czech developer Ikonix has entered into a strategic partnership with investment group Avant, acquiring a stake in its Nemomax qualified investor real estate fund and taking over full management of its development projects. The partners plan to invest more than CZK 1 bln annually in new real estate ventures.
Warehouse & industrial
LemonTree has started construction of MATCH WARSAW, an 18,000 sqm mixed-use development combining warehouse, service and sports facilities. The project is located in southern Warsaw, near Chopin Airport, and is scheduled for completion in May 2027.
Investment & finance
Funds managed by Strategic Value Partners, together with 4 Friends Investment (4FI), have acquired Havelpark Dallgow, a shopping centre in Dallgow-Döberitz, Brandenburg, near Berlin, from European private real estate manager Redevco.
Investment & finance
KÉSZ Group has secured EUR 30 mln in financing from Raiffeisen Bank Romania for Corallis Apartments, its first own residential development in Bucharest. The loan complements the Group’s investment and customer prepayments, strengthening the project’s financial structure and supporting its continued development.
EurobuildCEE
The keynote speaker at Eurobuild’s 32nd Annual Polish Commercial Real Estate Conference will be one of Europe’s foremost real estate and capital markets experts: Franck Delage, the managing director, real estate sector lead (EMEA) and global coordinator of S&P Global.
Residential
Agrobex Deweloper has secured an occupancy permit for the second phase of its Nove Garby residential development in Garby, near Poznań. The completed phase comprises 145 apartments, while construction of the third phase, featuring a further 108 units, is underway.
Office & mixed-use development
International insurance brokerage group PIB Group has leased 1,300 sqm of office space at Warsaw Trade Tower (WTT), owned by Globalworth. The new headquarters occupies an entire floor of the landmark Warsaw skyscraper.
Residential
Half of the 283 apartments at Geosan Development’s Re.Start Petynka residential project in Prague’s Střešovice district have been sold. Two-bedroom units are proving particularly popular. The development will also feature a retail and service offering, including a Billa supermarket and additional ground-floor commercial premises.
Prime headline office rents in Bucharest reached EUR 23 per sqm per month in Q3 2026, rising 9.5 pct year-on-year, according to the Bucharest Office Marketbeat Q3 2026 report by Cushman & Wakefield Echinox. The increase was almost twice the European average of 5 pct, driven by limited availability of high-quality office space in the capital’s most sought-after locations.
International insurance brokerage group PIB Group has leased 1,300 sqm of office space at Warsaw Trade Tower (WTT), owned by Globalworth. The new headquarters occupies an entire floor of the landmark Warsaw skyscraper.
Developers behind the Towarowa22 project in Warsaw’s Wola district have begun the comprehensive restoration of the historic Dom Słowa Polskiego pavilion. Designed by JEMS Architekci, the modernist building will be transformed into a food and service destination integrated with the development’s landscaped Towarowa Gardens. Construction is scheduled for completion in Q1 2027, with the venue expected to open in 2028.
Krakowski Bank Spółdzielczy has leased serviced space at DL Space Atrium, part of DL Invest Group’s mixed-use complex at 138 Korfantego Avenue in Katowice. The premises will house a customer service branch, complemented by a 24-hour ATM.
GEO Group, through its subsidiary Ceglana, is preparing a mixed-use development on nearly 20 hectares of former railway land in Poznań. The project will connect the Wilda and Łazarz districts, with the first phase comprising around 220 homes and nine retail and service units. Preparatory work will be supported by pre-development financing from IBI Investment House Polska.
Demand for office space across Poland’s eight largest regional markets could reach around 700,000 sqm in 2026, or even exceed that figure, according to Cushman & Wakefield. Tenants leased 511,800 sqm between January and September. Meanwhile, limited new supply and falling availability are gradually strengthening the position of landlords, particularly those with prime office buildings.
Warsaw’s office market is seeing stronger occupier demand alongside declining availability, particularly in central locations. Companies leased nearly 592,000 sqm of office space between January and September 2026, up 21.8 pct year on year, while the vacancy rate fell to 7.9 pct. Some occupiers are already securing space in buildings scheduled for completion in 2028, according to Newmark Polska’s report 'Office Occupier – Warsaw Office Market'.
An international financial group has leased office space at Oxygen Park, located at ul. Jutrzenki 137 in Warsaw and owned by Golden Star Estate. Real estate advisory firm Litwiniuk Property represented the tenant during the lease negotiations.
Nearly 1,500 sqm of office space has been covered by recent lease transactions at Brama Zachodnia, an office building in Warsaw owned by Indotek Group. Boryszew Group has renewed its lease, while two new tenants, SL Group and Chinese power equipment manufacturer Pinggao Group, have joined the building.
STRABAG Real Estate has signed the first lease agreement at its Upper One mixed-use development in central Warsaw. ERGO Technology & Services S.A., a company belonging to Munich Re and ERGO Group, has leased approximately 7,000 sqm of office space across six floors, from the eighth to the 13th. The tenant is expected to move in around the third and fourth quarters of 2027.
GTC has officially opened Centerpoint 3, the final phase of its landmark Centerpoint office complex in Budapest’s Váci Corridor, completing one of the Hungarian capital’s largest recent office developments.
In the first three quarters of 2026, tenants leased more than 590,000 sqm of office space in Warsaw, up 22 pct year on year. At the same time, the vacancy rate fell to 7.9 pct across the city and 4.3 pct in central locations. Limited new supply and rising demand are strengthening the position of landlords in prime office buildings and putting upward pressure on rents, according to Axi Immo’s report 'Warsaw Office Market Q1–Q3 2026'.
Global flexible office occupancy has reached a record 85 pct, while 76 pct of operators plan to expand over the next 12 months. According to the Workthere Flexmark 2026 report, flexible workspaces are increasingly becoming part of large companies’ long-term real estate strategies, with AI businesses emerging as a new source of demand.
SK hynix memory solutions Poland has leased nearly 2,800 sqm of office space at Olivia Centre in Gdańsk, with Knight Frank advising on site selection and lease negotiations.
Warsaw’s office market recorded stronger demand amid limited new supply in the first nine months of 2026. Nearly 592,000 sqm of office space was leased, up 22 pct year on year, while the vacancy rate fell to 7.9 pct. Służewiec has also re-emerged as one of the city’s most popular office locations, according to Colliers.
Office availability in Warsaw continues to tighten, with the vacancy rate falling to 7.9 pct in Q3 2026, down from 9.7 pct a year earlier, according to CBRE. Availability is lowest in the city centre, where vacancies stand at 4.3 pct, while Służewiec has the highest rate at 16.2 pct.
Hologate, a Munich-based AI and extended reality (XR) company, has leased approximately 3,192 sqm of office and exhibition space at Empira Group’s Kistlerhof complex. The company is expected to move into Building 1 on 1 November 2026, following refurbishment works.
RMF Group, owner of the RMF FM and RMF MAXX radio stations, has signed a long-term lease at DL Tower in Katowice. Under the agreement, signed on 15 July 2026, both stations will broadcast from the building’s 11th floor for at least the next 10 years.
Warsaw’s office market is seeing stronger tenant activity amid record-low new supply. More than 592,000 sqm of office space was leased in the first three quarters of 2026, up 22 pct year on year, while the vacancy rate fell to 7.9 pct, its lowest level in six years, according to Knight Frank.
A global fast-moving consumer goods (FMCG) company will lease more than 4,300 sqm of office space in Warsaw Spire, in central Warsaw. The relocation, combined with an expansion, is scheduled to begin in October 2026. JLL advised the tenant on the transaction and provided technical consultancy.
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 ...
Construction has officially started on Munich Arena, a new live entertainment complex scheduled to open in 2029. The development, valued at more than ...
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.
Warsaw is strengthening its position on Europe’s artificial intelligence map, while Kraków stands out for its technology sector growth potential. Acco ...
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 ...
NEPI Rockcastle has opened its second large-scale photovoltaic park in Romania, bringing its in-house renewable energy capacity to the equivalent of 3 ...
The deadlines for nominating candidates and registering for the jury for the 16th Eurobuild Awards have been extended! Both the candidate and jury reg ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The keynote speaker at Eurobuild’s 32nd Annual Polish Commercial Real Estate Conference will be one of Europe’s foremost real estate and capital marke ...
On 28th October, the Warsaw Spire skyscraper in Warsaw displayed the inscription “PREDAPPIO 28 X 1944, LA POLONIA NON È LIQUIDATA” (“Poland has not be ...
Recently UNIQA Real Estate Management announced that it was opening up its portfolio to third-party investors and then, soon afterwards, announced tha ...
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 ...
Mercure Gdynia Centrum has officially been awarded a four-star rating following an application by the hotel’s owner, Essendi. The decision marks the c ...
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 ...
Falcon Investment Management has secured EUR 52.1 mln in financing from mBank to refinance seven of its 11 retail parks operating under the OTO Park b ...
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 ...
Prime headline office rents in Bucharest reached EUR 23 per sqm per month in Q3 2026, rising 9.5 pct year-on-year, according to the Bucharest Office M ...
CBRE has been appointed to manage and lease a portfolio of 11 Dekada retail properties owned by Hungary’s Appeninn Group. The portfolio comprises near ...
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
PSN is preparing to redevelop a historic residential building on Strossmayerovo Square in Prague. The Rezidence Strossmayer project will comprise 21 a ...
Park Handlowy Świderek, a nearly 24,000 sqm retail park developed by Redkom Development in Otwock, is scheduled to open on 3 December 2026. The develo ...
CBRE is expanding its advisory services for the defence and dual-use technology sectors in Poland. Jan Banasikowski, who has been with the company for ...
Poland's warehouse market recorded its strongest-ever demand for the first nine months of a year in 2026, with gross take-up reaching 5.3 mln sqm, up ...
October 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 ...