Residential
Warsaw developers significantly increased the number of new apartments for sale in the second quarter of 2026, but sales fell. They brought 4,753 homes to market, up 66.8 pct from the previous quarter, while 3,840 apartments were sold, a 9.4 pct decline. The increase in supply pushed the number of apartments available for sale to 16,345 at the end of June, up 7.1 pct from three months earlier. Even so, quarterly sales remained 4.6 pct above the five-year average of 3,670 homes, according to data from CBRE and Tabelaofert.pl.
Warehouse & industrial
Logicor Łódź III is now fully leased after Transfer Multisort Elektronik (TME) and an aluminium processing company have both signed new agreements.
Warehouse & industrial
CTPark Warsaw Emilianów has achieved a BREEAM Outstanding rating, scoring 89.1 pct in the assessment.
Retail & leisure
Global luxury brands are expanding more cautiously, choosing markets and locations more carefully rather than rapidly adding stores, according to Colliers’ EMEA Retailer Performance & Consumer Spending Trends report. Weaker consumer confidence, higher costs and a less certain economic outlook are making retailers pay closer attention to sales and profitability. Warsaw remains one of the markets attracting interest from luxury brands, including some that have yet to enter Poland.
Office & mixed-use development
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
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
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
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
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’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’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
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
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
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’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
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
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
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
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’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.
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.
Retail accounted for 36 pct of total commercial real estate investment in both Poland and Italy in Q2 2026, the highest share among the eight European markets reviewed in the latest Focus Estate Fund ‘Quarterly Litmus Paper’. The report points to sustained investor demand for retail parks and food-anchored assets, supported by low vacancy, resilient consumer spending and a constrained supply of high-quality space.
Cavare by Cavatina will develop a 310-unit PRS project in Gdańsk for Urban Partners’ Lett platform. Once completed, Palio D1 will operate as Lett Stocznia, bringing Lett’s portfolio at the Palio complex to 646 units.
EPP has completed the EUR 106 mln refinancing of four M1 shopping centres in Bytom, Częstochowa, Poznań and Radom. The refinancing supports the company’s efforts to optimise its capital structure. Absa Corporate and Investment Banking and Nedbank Corporate and Investment Banking (Nedbank CIB) provided the financing in equal shares.
Horizon City, a residential being project developed by British investor Ghai Sant Ram in northern Bucharest, has secured EUR 36.5 mln in financing from Libra Internet Bank. The funds will be used to continue and accelerate construction works, with full project completion targeted for the first half of 2027, six months earlier than initially announced.
The first half of 2026 saw a clear recovery in investment activity on Poland’s office market. Total transaction volume reached around EUR 594 mln, up 38 pct year-on-year.
Nine plots totalling 4.4 ha are being put up for auction, with the site offering an opportunity to create Reda’s first city centre.
PSN has completed the acquisition of an office building at Botanická 56 in the Brno-Veveří district. Existing tenancy agreements will remain unchanged, with Aquatis, part of the industrial group Safichem Group, continuing as a key tenant.
Dutch real estate group Van der Vorm is expanding into a new business line in Poland focused on asset-backed real estate financing. The group's first transaction of this kind on the Polish market was a bridge loan of approximately PLN 13 mln granted to a real estate developer. KWKR advised Van der Vorm on the structuring and closing of the transaction.
NEPI Rockcastle has acquired MegaPark Barakaldo — one of northern Spain's leading shopping and leisure destinations — from Le Retail Hiper Ondara, part of HLRE Socimi, for EUR 252 mln net. The deal marks NEPI Rockcastle's entry into Spain and its first investment outside Central and Eastern Europe.
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 250 mln green loan to NE Property BV, a subsidiary of NEPI Rockcastle, to finance sustainable real estate investments across Central, Southern and Eastern Europe.
Greek-based real estate investor Trade Estates is to acquire a 50 pct stake in Sofia South Ring Mall from Fourlis Holdings for EUR 49.35 mln.
More than EUR 3 bln was invested in Polish commercial real estate in H1 2026, largely driven by the return of major institutional investors – according to BNP Paribas Real Estate Poland.
July saw a shift in the supply-demand ratio across Poland’s seven largest housing markets. The pool of available developer units fell below the 60,000 threshold, and sales increased by 12 pct y-o-y, while the number of new projects declined significantly.
Apsys has completed the acquisition of the 3 Stawy shopping centre in Katowice. The 38,600 sqm gla mall was acquired from a fund managed by Union Investment.
The momentum of the Central and Eastern Europe commercial real estate market picked up markedly in the first half of 2026, according to Colliers' CEE Investment Scene H1 2026' report. Total investment volume across the CEE-6 markets reached EUR 5.8 bln - up from EUR 5.4 bln a year earlier, confirming that capital is returning to the region however in a more selective and disciplined way than in previous cycles.
Savills has completed its acquisition of global real estate investment bank Eastdil Secured for app. GBP 827 mln. The bank will now act as Savills Group's real estate investment bank and has already been rebranded as Eastdil Secured Savills.
BIG Poland has acquired Grodzisk Sfera Park in Grodzisk Mazowiecki from Belgian developer GHRE for an undisclosed sum.
Hungarian real estate investor Appeninn Asset Management Holding has completed the acquisition of eleven Dekada retail centres across Poland for more than EUR 100 mln.
WING has completed the acquisition of the Olympia project from Atenor. The 7.4 ha site comprises a fully operational office building, a shell-and-core building, and additional development plots in a well-connected location. Reflecting changing market demand, Wing is preparing to reposition the project as a mixed-use development, combining the existing office building with more than 500 new homes, alongside retail and service amenities.
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 ...
Poland’s residential construction market is slowing, with 936 projects put on hold over the past year. Yet investors continue to prepare new projects, ...
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.
While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According ...
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 Grand department store in Pardubice has achieved an Excellent rating under the internationally recognised BREEAM In-Use sustainability certificati ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
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 ...
Green House Development is launching pre-sales of suites at Wave Ustka Thermal & Spa, the third development under the Wave brand on the Polish coast, ...
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Polish State Railways (PKP) has launched a tender to appoint a contractor to build a new railway station in Łapy, with bids due by 28 August. Construc ...
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 ...
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 Henl ...
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 ...
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 ...
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 tec ...
Construction has begun on a new emergency care unit at Thomayer University Hospital in Prague, officially launched by Prime Minister Andrej Babiš and ...
Warsaw developers significantly increased the number of new apartments for sale in the second quarter of 2026, but sales fell. They brought 4,753 home ...
Global luxury brands are expanding more cautiously, choosing markets and locations more carefully rather than rapidly adding stores, according to Coll ...
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
Logicor Łódź III is now fully leased after Transfer Multisort Elektronik (TME) and an aluminium processing company have both signed new agreements.
June 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 ...