City life goes underground

Construction
POLAND An underground street is to be built as part of the Nowe Centrum Łodzi project.
Work should begin in the spring. The street is to be built 6m below ground level. “This street will actually consist of two levels. A roadway for cars will be built underground and above it there will be a space with benches and trees for pedestrians,” explains Katarzyna Mikołajec, a deputy director of the city’s investment management board. The road will run between the EC1 centre and a plot purchased by Ghelamco for over PLN 85 mln. The entrance will be between the former p
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Latest news

Warehouse & industrial

Poland ECSI comes to 7R City Flex Kraków Airport

schedule 31 July 2025
Opr./edited by AH

Transport company ECSI Spedycja has leased 3,330 sqm of warehouse and office space at 7R City Flex Kraków Airport. The tenant was advised by real estate advisory firm Newmark Polska.

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.

Investment & finance

Poland GCP granted EUR 322 mln loan

schedule 31 July 2025
Opr./edited by AH

GLP Capital Partners (GCP) has been granted a EUR 322 mln loan from Deutsche Pfandbriefbank (pbb) to finance its logistics portfolios in the Czech Republic, Poland, and Hungary.

Warehouse & industrial

Romania Global Vision builds factory for Diehl

schedule 31 July 2025
Opr./edited by AH

Global Vision is constructing a production plant for Diehl Aviation in Craiova Business Park. The groundbreaking ceremony was held on July 30th.

Warehouse & industrial

Romania Logistics operator comes to MLP Bucharest West

schedule 31 July 2025
Opr./edited by AH

A Romanian logistics company has leased space in MLP Bucharest West. As of September, the company will occupy over 5,200 sqm.

Property and Facility Management

Poland Balmain takes on Adventum

schedule 30 July 2025
Opr./edited by AH

The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 185,000 sqm, are fully leased to a single, long-term tenant under a triple-net lease agreement.

ESG

Poland B10 takes WiredScore Platinum

schedule 30 July 2025
Opr./edited by AH

The B10 office building in Wrocław, owned by Vastint Poland, has been certified with a WiredScore Platinum rating. The certification is an assessment of such factors as the resilience and diversity of the telecommunications systems, the quality of the internet access, the use of the latest technology and the user experience.

Warehouse & industrial

Poland Panattoni completes Szczecin BTS distribution centre

schedule 30 July 2025
Opr./edited by AH

Panattoni has completed the construction of a major logistics project in Szczecin. The new BTS centre will serve as a distribution centre for an international chain of discount stores.

Office & mixed-use development

Poland Office market in Warsaw remains stable

schedule 30 July 2025
Opr./edited by AH

In the first half of 2025, 85,000 sqm was added to the Warsaw office market, of which 93 pct was delivered to the central zones mainly due to prestigious projects such as The Bridge (51,800 sqm) and Office House (27,800 sqm), according to the latest report from Axi Immo, titled 'The office market in Warsaw in H1 2025'. At the same time, the vacancy rate remains stable (10.8 pct), with 140,000 sqm under construction at the end of June 2025.

Office & mixed-use development

Poland Shiji stays on in Silesia Business Park

schedule 29 July 2025
Opr./edited by AH

Shiji, a company specialising in IT solutions for the hospitality, retail, and leisure industries, has extended its lease of 2,000 sqm in Silesia Business Park in Katowice.

Office & mixed-use development

Poland Supply remains limited across the regions

schedule 29 July 2025
Opr./edited by AH

At the end of H1 modern office stock across Poland's regional cities came to 6.75 mln sqm, according to data from Avison Young. New supply came to 2,400 sqm with 200,000 sqm under construction, while demand stood at 387,000 sqm. Quarter on quarter the vacancy rate remained stable at 17.5 pct.

Office & mixed-use development

Poland MS Galleon enters Diuna

schedule 29 July 2025
Opr./edited by AH

The MS Galleon Capital Group has leased 3,000 sqm of office space in Warsaw's Diuna complex with an additional 700 sqm to be used as a showroom for the Cersanit bathroom ceramics brand and the Barlinek wooden flooring brand.

Warehouse & industrial

Germany Blitz takes 37,000 sqm

schedule 29 July 2025
Opr./edited by AH

Blitz Distribution has leased around 37,000 sqm of warehouse space and around 1,000 sqm of offices and social space at the Garbe Industrial centre in Werne, North Rhine-Westphalia.

Warehouse & industrial

Poland Largest Warsaw lease of 2025

schedule 28 July 2025
Opr./edited by AH

An undisclosed food processing company has leased 10,000 sqm of warehouse space in City Point Targówek. This is the largest lease in Warsaw so far in 2025.

Investment & finance

Germany Panattoni buys former paint factory

schedule 28 July 2025
Opr./edited by AH

Panattoni has acquired the former Alfred Clouth Lackfabrik paint factory in Offenbach am Main. A logistics park with flexible space suitable for light manufacturing, city logistics and e-commerce is to be built on the 1.5 ha site.

Investment & finance

Slovakia Mitiska REIM acquires OC Cassovia

schedule 28 July 2025
Opr./edited by AH

Mitiska REIM has acquired the OC Cassovia retail centre in Košice. The transaction was completed on behalf of the MEREP 3 fund, in partnership with local partner Asset Services, and with a co-investment from the EBRD.

ESG

Poland Moderna Office goes Platinum

schedule 25 July 2025

Moderna's Warsaw office in the Warsaw Unit office building has been awarded Well v2 certification with the highest possible rating of ‘Platinum’. 

Residential

Poland PBSA market set to grow rapidly

schedule 25 July 2025
Opr./edited by AH

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.

Investment & finance

Poland EUR 110 mln for Heimstaden

schedule 24 July 2025
Opr./edited by AH

Heimstaden has secured a EUR 110 mln Sustainability-Linked loan for its residential developments in Warsaw and Kraków. Under the terms of the loan, the interest rate will be dependent on sustainability goals and measurable ESG indicators achieved by  Heimstaden Bostad.

Warehouse & industrial

Hungary Hungarian industrial stock nears 6 mln sqm

schedule 24 July 2025
Opr./edited by AH

At the end of Q2 2025, the total modern industrial stock in Hungary came to almost 6 mln sqm, according to the Budapest Research Forum. Modern industrial stock in the Greater Budapest surpassed 3.8 mln sqm, while the stock across the regions came to almost 2 mln sqm.

Latest in Construction

schedule 10 February 2025

2025 looks optimistic for the construction companies

According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction groups in 2023 amounted to PLN 152 bln, which accounted for more than 60 pct of the revenues of the entire sector of medium and large construction companies. 

schedule 02 September 2024

Strabag to build The Arc

Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office property, The Arc. The investment will bring a ten-story, class A office building to the 6th District of Bucharest.

schedule 06 May 2024

Digitalisation to the rescue

In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real estate industry at the moment. In addition, the expert survey focused on the effects of megatrends such as demographic developments, digitalisation and urbanisation.

schedule 08 January 2024

There's hope in the modules

According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated buildings made of wood, steel, concrete, or LECA generated revenue of nearly PLN 10 bln in 2022, with 47 pct of the figure contributed by sales in the modular building segment.

schedule 17 July 2023

Erbud and Daewoo sign five-year MOU

Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement projects in the energy and key industrial, infrastructural and military sectors across Poland.

schedule 03 July 2023

Russian builders enlisted in return for orders

Moscow city authorities have “asked” development and construction companies to enlist their workers to fight in the war in Ukraine in exchange for orders. One of these corporations is to provide the Russian defence ministry with 30 volunteers ready to be posted to the front by the end of August.

schedule 17 April 2023

Skanska to build for CD Projekt

Skanska has been commissioned to construct a new building for Polish video game developer CD Projekt on its main campus in Warsaw’s Praga Północ district.

schedule 02 March 2023

Training centre in Attendorn

Viega has launched an interactive training centre near its headquarters in Attendorn. Over five floors, Viega World occupies a total of 12,000 sqm of space.

schedule 12 July 2022

Frontex opens new HQ tender

Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headquarters in Warsaw.

schedule 22 June 2022

Erbud wins PLN 30 mln WUM contract

Erbud has been awarded a PLN 29.8 mln contract to modernise the Rector’s Office of the Medical University of Warsaw (WUM).

schedule 20 May 2022

Atlas Ward starts work on Szczecin sheds

Atlas Ward Polska has started work on two logistics parks with a total area of over 70,000 sqm on the eastern outskirts of Szczecin for Panattoni.

schedule 11 May 2022

Rex-Bud to build MDC2 Park Gliwice

Polish industrial developer MDC2 has chosen Rex-Bud Budownictwo to be the general contractor for MDC2 Park Gliwice in Upper Silesia.

schedule 29 April 2022

FineTech chosen to complete Lixa

Yareal has commissioned FineTech Construction to be the general contractor responsible for completing the final stages of its Lixa office complex in Warsaw.

schedule 28 April 2022

Prices rise for construction

Prices for building materials in Poland increased by close to 30 pct over the last twelve months according to Savills.

schedule 21 March 2022

Erbud to rebuild Gdańsk shipping infrastructure

Erbud is to reconstruct the Nabrzeże Szyprów shore in Gdańsk for PLN 28.5 mln.

schedule 25 February 2022

Hochtief builds for Warsaw University

Hochtief Polska has completed construction work on an educational building for the University of Warsaw on ul. Dobra for the department of applied linguistics.

schedule 28 January 2022

Financing secured for completion of The Park Kraków

International investor Cain International and its local development partner, White Star Real Estate, have secured a EUR 36 mln loan from PKO BP to complete the development of The Park Kraków.

schedule 26 January 2022

Erbud takes in GWI for wooden mod cons

Polish construction firm Erbud has merged its subsidiary Mod21 with German wooden modular buildings specialist GWI to establish a new company, also called Mod21.

schedule 31 December 2021

Erbud wins PLN 300 mln Lidl contract

Erbud has been awarded a PLN 298.4 mln contract to build a distribution centre for discount retailer Lidl near Błonie, west of Warsaw.

schedule 02 December 2021

Erbud to build three residential blocks in Warsaw

Erbud has announced a PLN 52.8 mln contract with Polish Export Trade & Investment to build three residential buildings in Warsaw’s Praga-Południe district.

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Edition 7 (300) July 2025

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