Permission for modern art

Public buildings
POLAND The final building permit has been issued for the project to build the Museum of Modern Art in Warsaw, which is to be built in front of the Palace of Culture and Science facing onto ul. Marszałkowska.
The tender to select the general contractor has already been launched, with the final decision probably to be made in September. City officials hope to get the construction work going this year. The museum building as well as the new home of Teatr R are to be opened in December 2021. According to the city, the ownership of the site has now been settled. The architectural competition for the design of the museum was won by the Thomas Phifer and Partners studio. The Polish partner of TPaP is the A
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Latest news

Retail & leisure

Czech Republic Retail parks growing rapidly across Czech Republic

schedule 06 May 2026
Opr./edited by AH

Retail parks in the Czech Republic are rapidly expanding and already account for almost a third of all modern retail space. In 2025, 82,400 sqm of new and expanded retail parks were delivered to the market, and the pace of their expansion is accelerating. Overall, developers plan to deliver 19 retail parks to the market this year, with a total area of nearly 90,000 sqm. This follows from data by Cushman & Wakefield.

Warehouse & industrial

Poland 7R lays cornerstone in Nowa Huta

schedule 06 May 2026
Opr./edited by AH

7R has laid the cornerstone for a state-of-the-art logistics and technology hub in Kraków. 7R Hub Nowa Huta is set to deliver around 230,000 sqm of modern industrial space. Even before construction work began on ul. Igołomska in Kraków, 7R had secured lease agreements for much of the commercial space in the project.

Warehouse & industrial

Austria Padeldome enters MLP Business Park Vienna

schedule 06 May 2026
Opr./edited by AH

Leading Austrian padel operator Padeldome has signed a lease to build develop a 16-court sports centre within MLP Business Park Vienna, set to open in June 2026.

Investment & finance

Poland Kingstone and Iroko partner up

schedule 06 May 2026
Opr./edited by AH

Kingstone Real Estate has entered into a partnership with French investment fund and asset manager Iroko. The partners intend to identify properties in Poland that generate stable and long-term investment revenues.

Investment & finance

Poland Panattoni sells Auchan distribution centre

schedule 06 May 2026
Opr./edited by AH

Panattoni has completed the sale of an automated e-grocery distribution centre leased to Auchan in the Warsaw region. The buyer is French investment fund Corum XL, managed by Corum Asset Management. The property was sold for EUR 30.2 mln.

Office & mixed-use development

Poland Uni-logistics moves into President's Quay

schedule 06 May 2026
Opr./edited by AH

Uni-logistics has leased the entire 8th floor of President's Quay in Gdynia. Uni-logistics will occupy 1,115 sqm in the first phase of the Waterfront mixed-use development, owned and managed by Vastint. Colliers advised the tenant on the transaction.

Office & mixed-use development

Poland Daftcode enters Centrum Marszałkowska

schedule 06 May 2026
Opr./edited by AH

Daftcode, a tech venture capital company, has leased nearly 800 sqm of office space at Centrum Marszałkowska in Warsaw. The tenant was represented by Newmark Polska.

Investment & finance

Poland Ares completes portfolio sale

schedule 05 May 2026
Opr./edited by AH

Ares Management Corporation has completed the acquisition of a modern logistics portfolio in Poland for its Ares Real Estate funds. The financial terms were not disclosed.

Warehouse & industrial

CEE region DHL follows Pepco into Romania

schedule 04 May 2026
Opr./edited by AH

DHL Supply Chain and discount retailer Pepco are expanding their long-standing collaboration to further strengthen Pepco’s distribution operations across Europe.

Office & mixed-use development

Poland Canteen opens in Konstruktorska

schedule 04 May 2026
Opr./edited by AH

Canteen 5 Senses is to open in the Konstruktorska Business Center office building in Warsaw, which is part of the Golden Star Estate portfolio. Additionally, Contract Meble Biurowe, which operates a showroom in the building, has extended its 350 sqm lease.

Hotels

Poland Swissôtel comes to Gdynia

schedule 04 May 2026
Opr./edited by AH

In 2027, the first Swissôtel hotel in Poland will open in Gdynia. The project, being developed in partnership with Allenort Group, will be part of the Waterhall complex.

Investment & finance

Poland Sienna Center sold

schedule 04 May 2026
Opr./edited by AH

Belgian investment fund AYA Properties Fund has purchased the Sienna Center office building in Warsaw from CA Immo.

Hotels

Poland Strong Warsaw hotel growth

schedule 04 May 2026
Opr./edited by AH

According to the latest study by Cushman & Wakefield, Warsaw remains one of the strongest hotel markets in the CEE region. In 2025, the city recorded one of the highest RevPAR increases among CEE-6 cities, while also leading the growth in hotel room supply.

Investment & finance

Poland Atal buys out Budner

schedule 04 May 2026
Opr./edited by AH

The Atal Group has signed a preliminary agreement to acquire shares in companies from the Budner Group for PLN 133.5 mln. This includes companies that hold real estate. Through this deal, Atal will be able to develop new projects in the Tri-City area, with a usable area of around 70,000 sqm.

Residential

Slovakia Zeitraum enters Slovakia

schedule 04 May 2026
Opr./edited by AH

Zeitraum has become the operating partner of the first major serviced apartment project in Bratislava under development by Lucron in the city's Nesto district.

Investment & finance

Poland BIG buys Power Park Kielce

schedule 04 May 2026
Opr./edited by AH

BIG Poland has acquired Power Park Kielce. Following the transaction, the park is to become the 12th retail park in the company’s Polish portfolio, bringing the total gla of its assets under management to close to 247,000 sqm.

Office & mixed-use development

Poland IAG stays in O3

schedule 30 April 2026
Opr./edited by AH

IAG GBS Poland, the shared services centre of the International Airlines Group, has extended its 2,2000 sqm office lease in the O3 Business Campus complex in Kraków.

Office & mixed-use development

Poland Helios to move into Brama Miasta B

schedule 30 April 2026
Opr./edited by AH

In October, the Helios cinema chain, part of the Agora Group, will move into the Brama Miasta B office building in Łódź, owned by Skanska Commercial Development Europe.

Hotels

Romania RevPAR up by 12 pct

schedule 30 April 2026
Opr./edited by AH

Bucharest’s hotel market recorded the strongest performances in Central and Eastern Europe (CEE) in 2025, with revenue per available room (RevPAR) increasing by 12 pct year-on-year, outperforming the CEE-6 average, according to a market analysis conducted by Cushman & Wakefield.

Office & mixed-use development

Poland Tenant activity slows

schedule 29 April 2026
Opr./edited by AH

According to the latest ‘Office Market in Warsaw. Q1 2026’ report by Axi Immo, the Warsaw office market recorded a decline in occupier activity in the first quarter of 2026, while the availability of office space in central locations remained limited, putting upward pressure on rents.

Latest in Public buildings

schedule 13 March 2026

A new look for central Warsaw

The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway station and the Palace of Culture and Science. The promenade is to be repaved and will feature large green areas.

schedule 02 February 2026

Oleśnica railway station restored

The reconstruction of the historic Oleśnica railway station, dating back to 1868, is nearing completion.  A dedicated passenger area has been created, and the ticket office has been relocated.

schedule 15 November 2024

Warsaw Uni building underway

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 faculties of Journalism, Information and Bibliology and Economic Sciences, as well as the Academic Campus Radio. Construction work will begin at the end of November. 

schedule 25 October 2024

MHP awarded with ULI prize

The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by the Urban Land Institute. Presented in the Arts and Culture category, the award is one of the highest international honours in the real estate and urban planning industry. 

schedule 25 October 2024

Museum of Modern Art opens

The Museum of Modern Art opens to the public today. The residents of the capital have been waiting for this investment for nearly twenty years. It is not only a major new institution on the cultural map of Poland, but also another project changing the centre of Warsaw.

schedule 06 September 2024

Palm in new hands

The most famous palm tree in Poland will be owned by the Museum of Modern Art. One of Warsaw's best-loved art installations will soon undergo a major overhaul.

schedule 09 August 2024

District court building for Łódź

A consortium of Balzola Polska, Lantania and EBS Bud has signed a contract for the construction of a building for the District Court for Łódź - Bałuty and Polesie and the District Court for Łódź Śródmieście. The value of the contract is approx. PLN 267,6 mln gross.

schedule 07 August 2024

Chocolate museum set to open

The E.Wedel Chocolate Factory Museum is to open in Warsaw on September 4th, International Chocolate Day.

schedule 18 July 2024

Nova Marina for sailors in Gdynia

In Gdynia, in the historic location of the South Pier and by the yacht harbour, Ghelamco, together with the Polish Yachting Association (PZŻ), will build a multifunctional building with a sailing centre.

schedule 07 December 2023

First privately-built state school on its way

Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec sub-district of Warsaw’s Mokotów district.

schedule 22 November 2023

New campus in Hradec Králové

Construction of a new campus for the Faculty of Medicine and Pharmaceutical Faculty of Charles University in Hradec Králové is now underway. The complex, named Mephared II, will provide space for research and development in the areas of medicine, pharmaceutical and other biomedical sciences.

schedule 09 October 2023

Polish FA kicks off 400 mln project

The National Centre for Football Training, Research and and Coaching will be built in Otwock, near Warsaw. The Polish Football Association is responsible for the construction of the facility. The cost of the investment is more than PLN 400 mln.

schedule 11 August 2023

Large arena on its way in Jihlava

Construction work has begun on what is to be one of the largest sports, cultural and social venues in the Czech Republic – in the central city of Jihlava, on the border of Bohemia and Moravia.

schedule 05 April 2023

First bars begin for the new Sinfonia

Construction work has begun on Sinfonia Varsovia's new home in Warsaw’s Praga Południe district. The city council has commissioned Doraco to carry out the first stage of the project, with the orchestra to move into its new address in two years' time.

schedule 20 September 2022

Largest stadium in Lithuania completed

The renovation of the Darius and Girėnas Stadium in Kaunas has been completed. The grand opening will take place in mid-October, when the stadium will become the largest and most modern in the country.

schedule 19 September 2022

Sekyra unblocks Rohan City with CZK 560 mln contribution

Sekyra Group has agreed with Prague’s authorities to contribute CZK 560 mln to the development of a new school and park on Rohanský ostrov (Rohan Island). The agreement unblocks the developer’s Rohan City new district project, which began last year.

schedule 30 August 2022

Mostostal wins Szczecin castle contract

Mostostal Warszawa has been awarded a contract worth PLN 84.99 mln gross to renovate the Pomeranian Dukes' Castle [Zamek Książąt Pomorskich] in Szczecin, which will involve work on the terraces and the reconstruction of the northern wing.

schedule 12 July 2022

Warsaw Museum of Modern Art topped

The topping out ceremony has taken place for the Museum of Modern Art in Warsaw, on pl. Defilad in the city centre. Warbud is the general contractor of the project.

schedule 17 May 2022

Dobra 55 ready for students

The second stage of the University of Warsaw’s Dobra 55 building has been completed. The scientific and didactic building is the largest investment in the university’s long-term development programme, whose budget amounts to app. PLN 1 bln.

schedule 13 April 2022

Łódź stadium completed

Construction work on the ŁKS stadium in Łódź has been completed, with only the remaining finishing work left to do.

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Edition 3 (306) March 2026

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