Cushman extends reach to Serbia

Human resources
SERBIA & MONTENEGRO CBS International, the former affiliate of CBRE has now become the exclusive affiliate of Cushman & Wakefield in Serbia and Montenegro.
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Dragan Radulovic, the managing director of Cushman & Wakefield CBS International, says: “After a decade of successful operations in Serbia and Montenegro as the absolute market leader, we are pleased to have Cushman & Wakefield as our partner in further raising the quality benchmarks we deliver to our clients. Local expertise of the largest team in the market, joined with the international experience of a global leader, represents an excellent platform for regional expansion with implementation of best practice in new markets.”

Latest news

Office & mixed-use development

Poland Hyundai Motor Poland expands in Wołoska 24

schedule 25 August 2026
Opr./edited by AH

Hyundai Motor Poland has renewed its lease at Wołoska 24 in Warsaw and expanded its office space by around 30 pct. The company will now occupy nearly 1,700 sqm, up from around 1,300 sqm.

Warehouse & industrial

Poland Panattoni starts final stage of Zgierz I

schedule 25 August 2026
Opr./edited by AH

Panattoni has started work on the final stage of Panattoni Park Zgierz I in Lućmierz, near Łódź. The new 16,400 sqm warehouse will bring the park’s total space to more than 29,000 sqm.

Retail & leisure

Poland Primark opens first store in northern Poland

schedule 25 August 2026
Opr./edited by AH

Primark has opened a store in Forum Koszalin, its first in northern Poland and its ninth in the country. The store, which spans more than 2,000 sqm, opened on 25 August.

Retail & leisure

Romania Peek & Cloppenburg to open 3,600 sqm store in Rivus

schedule 25 August 2026
Opr./edited by AH

Peek & Cloppenburg will open a 3,600 sqm store at Rivus, a mixed-use development under construction in Cluj-Napoca. It will be the retailer’s second store in the city.

Warehouse & industrial

Poland Elanders Polska takes nearly 5,600 sqm at Hillwood Wrocław East

schedule 24 August 2026
Opr./edited by AH

Elanders Polska has taken nearly 5,600 sqm at Hillwood Wrocław East in Dobrzykowice, just outside Wrocław. The deal covers more than 5,000 sqm of warehouse space and around 600 sqm of offices. Only one 4,200 sqm unit remains available at the park.

Warehouse & industrial

Poland Tight supply leaves tenants competing for warehouse space

schedule 24 August 2026
Opr./edited by AH

Poland’s overall warehouse vacancy rate is around 7 pct, but large, well-located warehouse space is becoming much harder to find. Companies looking for more than 15,000 sqm are increasingly competing for the same buildings. According to SQM Advisory, the squeeze is no longer confined to the very largest warehouses; availability of mid-sized units is also tightening.

Warehouse & industrial

Poland Warehouse market picks up as tenants expand

schedule 24 August 2026
Opr./edited by AH

Poland’s warehouse market picked up noticeably in the first half of 2026 after a year dominated by lease renegotiations. New leases and expansions made up 60 pct of tenant activity, while cautious development kept new supply in check. The vacancy rate fell from 7.1 pct at the end of March to 6.3 pct at the end of June, according to JLL.

Office & mixed-use development

Poland Wrocław office market sees weaker tenant activity in H1 2026

schedule 24 August 2026
Opr./edited by AH

Tenant activity slowed in Wrocław in the first half of 2026. Two office projects were completed in the first quarter, leaving no buildings under construction. The vacancy rate also edged down. However, with around 295,000 sqm of space available for immediate occupation, it will take time for the market to rebalance, according to Newmark Polska’s 'Office Occupier – Wrocław Office Market' report.

Residential

Poland Flora Development receives occupancy permit for Esy Floresy

schedule 24 August 2026
Opr./edited by AH

Flora Development has received an occupancy permit for Esy Floresy, its residential project at ul. Cybernetyki 7 in Warsaw’s Mokotów district. The development comprises 213 apartments across two buildings, with apartment handovers beginning in August. The developer is also preparing its next residential project and seeking further development opportunities in Warsaw.

Property and Facility Management

Poland ISS takes over technical management of Axis in Kraków

schedule 24 August 2026
Opr./edited by AH

ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing technical services across the 20,000 sqm building at ul. Przy Rondzie 4, beside the Mogilskie roundabout.

Warehouse & industrial

Poland Warehouse demand strengthens as availability tightens in Poland

schedule 24 August 2026
Opr./edited by AH

Poland’s warehouse market gained momentum in the first half of 2026 as occupier demand picked up while the development pipeline continued to shrink. Gross take-up rose 21 pct year on year, while net take-up – covering new leases and expansions – jumped 58 pct to more than 2.1 mln sqm. The vacancy rate fell to 6.3 pct and space under construction dropped to its lowest level in more than nine years. According to Axi Immo, the combination of strong demand and limited new supply could stimulate rent rises in many markets.

Investment & finance

Poland Henley sells Poznań shopping centre Galeria Pestka

schedule 24 August 2026
Opr./edited by AH

Henley has completed the sale of Galeria Pestka, a 41,658 sqm shopping centre in Poznań, Poland, to OPAL CENTRES, part of DromeStar Group. During Henley’s ownership, annual footfall rose from 4.8 mln to 5.1 mln, returning above pre-pandemic levels, while occupancy remained above 95 pct.

Human resources

Poland Ghelamco reshuffles management team in Poland

schedule 21 August 2026
Opr./edited by AH

Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as part of the company’s new management team.

Public buildings

Czech Republic Construction begins on emergency care unit at Prague’s Thomayer University Hospital

schedule 21 August 2026
Opr./edited by AH

Construction has begun on a new emergency care unit at Thomayer University Hospital in Prague, officially launched by Prime Minister Andrej Babiš and Health Minister Adam Vojtěch. The CZK 2.2 billion project is one of the hospital’s largest investments and forms part of the Czech government’s strategic healthcare infrastructure programme.

Office & mixed-use development

Poland Drutex to invest PLN 30 mln in headquarters expansion

schedule 21 August 2026
Opr./edited by AH

Drutex has begun the second phase of an expansion of its headquarters in Bytów, northern Poland. The PLN 30 mln project will refurbish its existing office building and connect it to the rest of the complex, which was completed last year. Allcon has been appointed as the general contractor.

Warehouse & industrial

Poland Poland’s warehouse market looks beyond space

schedule 21 August 2026
Opr./edited by AH

Poland’s modern warehouse and industrial stock has reached 37.44 mln sqm. Demand rose by 47 pct year on year in the first quarter of 2026. At the same time, companies are raising their expectations of what such facilities should offer. Floor space and location remain important, but so do flexibility, automation and the potential for future expansion.

Retail & leisure

Poland Retail investment picks up

schedule 21 August 2026
Opr./edited by AH

Poland’s retail property market saw a clear revival in the first half of 2026. Transaction volumes topped EUR 1 bln, surpassing the total recorded for the whole of 2025. Retail accounted for around one-third of all commercial real estate investment.

Retail & leisure

Poland Power Park Kielce rebrands as BIG Kielce

schedule 21 August 2026
Opr./edited by AH

Power Park Kielce is being rebranded as BIG Kielce. From August 22nd, the retail park on ul. Radomska will operate under the BIG brand. BIG Poland acquired the property in April.

Residential

Poland SGI completes penultimate stage of Łopuszańska 47

schedule 21 August 2026
Opr./edited by AH

SGI has completed the penultimate building at its Łopuszańska 47 residential development in Warsaw’s Włochy district. Handover of the 87 apartments has now begun. Launched in 2022, the development will eventually comprise four buildings with more than 400 apartments.

Warehouse & industrial

Romania Chorus enters CTPark Bucharest North

schedule 21 August 2026
Opr./edited by AH

Electrical engineering firm Chorus Research Engineering Distribution has leased nearly 10,000 sqm of warehouse space at CTPark Bucharest North.

Latest in Human resources

schedule 21 August 2026

Ghelamco reshuffles management team in Poland

Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as part of the company’s new management team.

schedule 01 April 2026

Leadership change at Nepi Rockcastle

Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.

schedule 10 February 2026

Change at the top for ULI Europe

The Urban Land Institute (ULI) has appointed Simon Durkin as Chief Executive Officer Europe, ULI, succeeding Lisette van Doorn, commencing early March 2026.

schedule 07 October 2025

ULI announces new chairs

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 shaping ULI Poland’s agenda is joined by Ilona Otoka (Savills Poland), Michał Witkowski (Colliers), Waldemar Grabka (EQT Exeter), Rafał Stoparczyk (Skanska Commercial Development Europe) and Justyna Glinka (Baker McKenzie Krzyżowski i Wspólnicy), who, as the newly appointed chair of young leaders, also becomes a member of the ULI Poland Executive Committee.

schedule 10 July 2025

Panattoni bets big on data centres

Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists have been hired to implement the project.

schedule 27 June 2025

Five new board members at JLL

Five new members are joining JLL's management board, and will take on their new roles from the beginning of July.

schedule 03 June 2025

A change of guard at Eurobuild

From the beginning of June this year, Anna Korólczyk-Lewandowska takes over the position of Editor in Chief of Eurobuild magazine.

schedule 29 August 2024

Changes at the helm of Dom Development

Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the supervisory board. From the beginning of 2025, Mikołaj Konopka, current member of the management board and co-founder and president of Euro Styl, will take over the reins of the company.

schedule 08 January 2024

Savills has new CEO

Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held the position of head of Corporate Finance and Valuation at Savills. 

schedule 17 October 2023

New head of retail at Cushman & Wakefield

Michał Masztakowski has taken up the position of the head of the retail agency in Poland at Cushman & Wakefield. He will be responsible for preparing and implementing the department's business strategy, expanding the firm's client portfolio and leading a team advising tenants and investors.

schedule 30 August 2023

Savills appoints CEE CEO

Savills has appointed Stuart Jordan, the current managing director of the consultancy in the Czech Republic and Slovakia, as CEO of the entire CEE region.

schedule 12 December 2022

Hotel Gellért changes hands

BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.

schedule 08 September 2022

Ettenauer steps down as S Immo CEO after CPI takeover

Austrian real estate investor S Immo, following the successful completion of the mandatory takeover offer by Prague-based CPI Property Group, has by mutual consent terminated the contract of S Immo’s CEO, Bruno Ettenauer.

schedule 18 July 2022

Changes at the top for 7R

Łukasz Jachna, the current member of the board and the chief capital markets officer of Polish warehouse developer 7R, has decided to leave the company. He will remain the head of the capital markets team until the end of September this year.

schedule 05 July 2022

Colliers goes West in Serbia

Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.

schedule 25 April 2022

Generation Park Y awarded gold

The Generation Park Y office tower, which was developed by Skanska in Warsaw's Wola-Centrum district and is now owned by Hansainvest Real Assets, has received a Well Core & Shell ‘Gold’ certificate.

schedule 15 April 2022

Meet Klara the constructor of the future

Polish construction firm Erbud has published a book aimed at encouraging girls to think about a career in the building industry.

schedule 11 January 2022

New CDO at MDC2

Maciej Madejak has been appointed chief development officer, founder, and member of the management board of MDC2. Previously, he held management-level positions at Prologis, Goodman and Panattoni.

schedule 02 August 2021

Avison Young branches out with Valuation

Avison Young has broadened its range of services with valuation and advisory.

schedule 02 July 2021

Monika Rajska-Wolińska promoted to Colliers’ CEE head

Monika Rajska-Wolińska has been promoted from managing partner for Poland to the position of CEO of Colliers in Central and Eastern Europe, which now covers Poland, the Czech Republic, Hungary, Romania, Slovakia and Bulgaria, effective from August 1st, 2021.

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Edition 6 (308) June 2026

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