Awbud to finish Ultra Nova

Residential
POLAND Awbud has been appointed the general contractor for the Ultra Nova development, which is the second stage of the Nowa Papiernia estate under development by Vista Development from the Red Real Estate Development.
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The two buildings on ul. Kościuszki and ul. Piłsudskiego in Wrocław will include 156 soft lofts and apartments while a third called Kamienica Pod Pelikanem will include 15 studio apartments. Work on the project began in 2016. Dorbud was responsible for the site preparation work including the demolition of the buildings that originally stood on the site. The contract is worth PLN 29.3 mln net with completion scheduled for mid-February 2019.

Latest news

Warehouse & industrial

Czech Republic Tenant market arises

schedule 18 August 2025

Gross realised demand on the industrial market fell 34 pct below the five-year average, reaching only 304,900 sqm. Net demand (excluding renegotiations) fell 40 pct below the long-term average to 169,600 sqm, and the volume of newly completed space also remained below average at 131,600 sqm according to the latest figures from Colliers.

Material partner

Poland Atlas Estates secures major loan from Bank Pekao

schedule 20 July 2025
Eurobuild CEE

Atlas Estates is pleased to announce the successful securing of a significant loan facility from Bank Pekao SA, one of Poland’s leading financial institutions. This financing marks a continued vote of confidence in Atlas Estates Group’s business model, strategic direction, and longstanding partnership with Bank Pekao SA.

Office & mixed-use development

Poland Newmark enters Katowice

schedule 18 August 2025
Opr./edited by AH

Newmark Polska has opened in Katowice. The company's new regional office is located in the mixed-use Supersam building.

Investment & finance

Croatia CEREF sells two centres

schedule 18 August 2025
Opr./edited by AH

Martley Capital has completed the sale of two warehouse assets in Croatia from their Central European Value Add Fund, known as CEREF.

Office & mixed-use development

Germany Facelift for Arne Jacobsen Haus

schedule 18 August 2025
Opr./edited by AH

The former headquarters of Hamburg’s electricity board is being modernised by Matrix Real Estate with Strabag subsidiary Züblin acting as the general contractor. The building is to become a New Work serviced office building.

Warehouse & industrial

Poland Hillwood Oleśnica fully leased

schedule 18 August 2025
Opr./edited by AH

Flexible packaging material manufacturer Royal Vaassen Flexible Packaging has leased over 13,000 sqm, as well as over 600 sqm of offices, in the Hillwood Oleśnica logistics park. With the signing of the deal, the centre is now fully commercialised.

Residential

Poland Massive PRS portfolio purchase by Vantage

schedule 18 August 2025
Opr./edited by AH

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.

Warehouse & industrial

Germany Garbe builds from wood

schedule 14 August 2025
Opr./edited by AH

The largest logistics centre to be constructed from timber in Europe is being built at the port of Straubing-Sand in Bavaria. The topping out ceremony was held by joint venture partners Garbe Industrial and Logicenters.

Warehouse & industrial

Poland Inwi to build for media expert

schedule 14 August 2025
Opr./edited by AH

Inwi is developing a BTS warehouse for the Media Expert electronics retail chain. A 14,500 sqm centre is to be built in Długołęka near Wrocław, which is scheduled for completion next year.

Retail & leisure

Poland Retail park to come to Konstantynów Łódzki

schedule 14 August 2025
Opr./edited by AH

PKB Inwest Budowa has received a construction permit to build a retail park in Konstantynów Łódzki, which is to open in Q2 2026.

Investment & finance

Poland BIG with a big loan

schedule 14 August 2025
Opr./edited by AH

BNP Paribas has granted Big Poland a PLN 58 mln loan. This includes the refinancing of existing facilities and financing for the purchase of three retail parks: Big Andrychów, Big Lubin and Park Koszalin. Altogether, the three parks comprise 54,500 sqm gla.

Office & mixed-use development

Romania Office revival in Bucharest

schedule 13 August 2025
Opr./edited by AH

At the end H1 2025, the number of office workers in Bucharest came to more than 340,000, representing around 30 pct of the city's total workforce, according to the Office Marketbeat Q2 2025 report published by Cushman & Wakefield Echinox.

Warehouse & industrial

Poland Logistics comes to Koszalin

schedule 13 August 2025
Opr./edited by AH

An undisclosed logistics company has leased 9,000 sqm in Panattoni Park Koszalin in Western Pomerania.

Investment & finance

Poland Newgate on shopping spree

schedule 13 August 2025
Opr./edited by AH

Newgate Investment has finalised the purchase of the Fabryka Park retail park on ul. Armii Krajowej in Katowice, comprising 8,800 sqm, from TDJ Estate. 

Investment & finance

Poland EBRD invests in tech

schedule 13 August 2025
Opr./edited by AH

The European Bank for Reconstruction and Development will invest EUR 20 mln in Spire Capital Partners Fund I – a new, independent private equity fund that will support the development of companies in Poland and other CEE countries.

Warehouse & industrial

Poland Procan grows in Prologis Park Błonie

schedule 12 August 2025
Opr./edited by AH

Procan has extended the space it occupies in Prologis Park Błonie to almost 10,000 sqm. Under the new agreement, the company will take up a further 2,300 sqm of warehouse space as well as the 7,600 sqm it currently occupies in the adjacent building.

Warehouse & industrial

Poland Simba Toys stays on at MLP Pruszków II

schedule 12 August 2025
Opr./edited by AH

Simba Toys, a toy manufacturer and distributor, has renewed its lease for approximately 8,500 square meters in the MLP Pruszków II logistics complex.

Office & mixed-use development

Romania Dionisie Lupu sold

schedule 12 August 2025
Opr./edited by AH

Smartown Group has completed the sale of the historic Dionisie Lupu office building in Bucharest at a yield of 8.2 pct. The purchaser remains undisclosed.

Office & mixed-use development

Poland Metron goes to school

schedule 12 August 2025
Opr./edited by AH

The Multilingual Education High School is to open in the Metron building in Warsaw's Mokotów district with a lease of 850 sqm, taking up an entire floor in the building.

Warehouse & industrial

Poland New warehouse supply down

schedule 11 August 2025
Opr./edited by AH

At the end of Q2 2025, total modern industrial and logistics stock (including office space in these facilities) reached 36 mln sqm,  according to the latest figures from the Polish Chamber of Commercial Real Estate (PINK) with the largest markets being the Mazowieckie Voivodeship (7.19 mln sqm), the Silesia (6.15 mln sqm), and the Dolnośląskie region (5.30 mln sqm).

Latest in Residential

schedule 18 August 2025

Massive PRS portfolio purchase by Vantage

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.

schedule 25 July 2025

PBSA market set to grow rapidly

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.

schedule 01 July 2025

Zeitraum – Racławicka to open for next semester

The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.

schedule 27 June 2025

Noli Studios Gdansk Old Town unveiled

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.

schedule 10 June 2025

Heimstaden starts apartment sales

Heimstaden has begun apartment sales for its Oh!Praga development in Warsaw.

schedule 02 June 2025

EBRD supports Resi4Rent

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.

schedule 29 May 2025

Living sector on the rise

The European living sector, including PRS, PBSA, and collective living solutions, continues to attract strong investor interest.

schedule 23 April 2025

All.inn to appear in Gdańsk

Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.

schedule 04 April 2025

PRS growing rapidly in Poland

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. 

schedule 04 April 2025

Mint lays out its growth plans

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.

schedule 26 March 2025

A promising academic year

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.

schedule 20 March 2025

Polish luxury market is maturing    

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.

schedule 19 March 2025

Polish PRS market overview

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.

schedule 12 February 2025

New PRS investment in Warsaw

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.

schedule 04 February 2025

ECE takes Gesundbrunnen Center to new heights

ECE is investing in the further development of Gesundbrunnen Center Berlin and is expanding the property to include hotel use on the roof of the shopping center: an additional section with a total of 162 design apartments will be operated by the brand Stayery.

schedule 24 January 2025

Investors see the potential in students

Only 11 pct of students in Poland can be accommodated in student houses, both public and private. PRS At a Glance: Institutional Rental Market Poland. Student Housing 2024, a report by BNP Paribas Real Estate Poland, indicates that investor interest in the PBSA segment will grow in the coming years.

schedule 13 December 2024

Robyg builds in Wrocław

Nearly 1,500 flats in six stages will be built in Wrocław as part of the Apartamenty Krakowska project being developed by Robyg on land adjacent to the Haase brewery buildings.

schedule 11 December 2024

European PBSA sector could grow by 70 pct over the next 5 years

According to the 2024 European Purpose-Built Student Accommodation Investment Barometer, conducted by The Class Foundation and Savills, involving investors and operators with portfolios totalling over 132,000 beds across Europe, with an asset value of circa EUR 25.3 bln, respondents expect to increase the number of beds they have by 70 pct over the next 2-5 years. This would bring the total to over 220,000 beds, deploying a further EUR 22 bln of capital. 

schedule 04 December 2024

Resi Capital is developing its first project in Bielsko-Biała

Resi Capital, a company belonging to the Cavatina Group, is preparing its first residential project in Bielsko-Biała. The Reytan Apartments will be built on the site of the former Befama industrial plant.

schedule 29 November 2024

Capital Park Group launches landmark development in Katowice

The 30-ha revitalised site formerly occupied by the Silesia Metallurgical Plant will become home to a modern mixed-use district Nowy Wełnowiec with predominantly residential functions. Nearly a third of the area will be dedicated to open green spaces. The Capital Park Group is responsible for the implementation and management of the project. 

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Edition 7 (300) July 2025

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