Office & mixed-use development
GEO Group, through its subsidiary Ceglana, is preparing a mixed-use development on nearly 20 hectares of former railway land in Poznań. The project will connect the Wilda and Łazarz districts, with the first phase comprising around 220 homes and nine retail and service units. Preparatory work will be supported by pre-development financing from IBI Investment House Polska.
Office & mixed-use development
Demand for office space across Poland’s eight largest regional markets could reach around 700,000 sqm in 2026, or even exceed that figure, according to Cushman & Wakefield. Tenants leased 511,800 sqm between January and September. Meanwhile, limited new supply and falling availability are gradually strengthening the position of landlords, particularly those with prime office buildings.
Office & mixed-use development
Warsaw’s office market is seeing stronger occupier demand alongside declining availability, particularly in central locations. Companies leased nearly 592,000 sqm of office space between January and September 2026, up 21.8 pct year on year, while the vacancy rate fell to 7.9 pct. Some occupiers are already securing space in buildings scheduled for completion in 2028, according to Newmark Polska’s report 'Office Occupier – Warsaw Office Market'.
Residential
The opening of the restored boiler house at the former Pafawag factory marks the completion of the Nowa Kolejowa development in Wrocław. Designed by B2 Studio, the project has transformed a three-hectare former industrial site into a residential neighbourhood with public spaces, blending the area’s industrial heritage with contemporary architecture.
Office & mixed-use development
An international financial group has leased office space at Oxygen Park, located at ul. Jutrzenki 137 in Warsaw and owned by Golden Star Estate. Real estate advisory firm Litwiniuk Property represented the tenant during the lease negotiations.
Retail & leisure
Xtreme Fitness Gyms is expanding its club at Galeria Mosty in Płock by adding a new fitness studio. The expansion will increase the club’s training capacity and strengthen the sports and leisure offer of the shopping centre, owned by Focus Estate Fund.
Office & mixed-use development
Nearly 1,500 sqm of office space has been covered by recent lease transactions at Brama Zachodnia, an office building in Warsaw owned by Indotek Group. Boryszew Group has renewed its lease, while two new tenants, SL Group and Chinese power equipment manufacturer Pinggao Group, have joined the building.
ESG
NEPI Rockcastle has opened its second large-scale photovoltaic park in Romania, bringing its in-house renewable energy capacity to the equivalent of 31 pct of total electricity demand by the end of 2026. The EUR 100 mln investment programme makes the company the leading solar power producer outside the energy sector across Central and Eastern Europe (CEE).
Retail & leisure
The BIG Konstantynów retail park officially opened on October 29th, bringing BIG Poland’s operating portfolio to 15 retail parks with a combined 285,000 sqm gla. Developed in partnership with Acteeum Group, the new development adds app. 13,500 sqm gla of retail space, 100 pct leased at opening. Together with the existing Kaufland supermarket and Bricomarché DIY store, it forms a retail complex with a total of around 21,000 sqm gla.
EurobuildCEE
On November 19th, 2026, Eurobuild Conferences will welcome investors, developers, financial institutions, corporate executives and real estate professionals to our 32nd Annual Polish Commercial Real Estate Conference at Hotel Bellotto in Warsaw.
Residential
Czech developer PSN has launched sales at Družstevní 5, a residential redevelopment project in Prague’s Nusle district. The comprehensive renovation of an existing apartment building will deliver 32 units, primarily studios and one-bedroom apartments. Completion is scheduled for the second quarter of 2028.
Events
On 28th October, the Warsaw Spire skyscraper in Warsaw displayed the inscription “PREDAPPIO 28 X 1944, LA POLONIA NON È LIQUIDATA” (“Poland has not been liquidated”). The illumination commemorated the 82nd anniversary of the capture of Predappio, the hometown of Benito Mussolini, by soldiers of the 18th Lwów Rifle Battalion of the Polish II Corps.
Warehouse & industrial
ID Logistics Polska has leased nearly 37,800 sqm of warehouse and office space in CTPark Iłowa in Poland’s Lubusz Province. The new distribution centre will serve a global e-commerce operator and is expected to create approximately 300 jobs.
Office & mixed-use development
STRABAG Real Estate has signed the first lease agreement at its Upper One mixed-use development in central Warsaw. ERGO Technology & Services S.A., a company belonging to Munich Re and ERGO Group, has leased approximately 7,000 sqm of office space across six floors, from the eighth to the 13th. The tenant is expected to move in around the third and fourth quarters of 2027.
Retail & leisure
PKB Inwest Budowa has secured a final, legally binding building permit for a new retail park on Wiejska Street in Skarżysko-Kamienna, Poland. The development will offer approximately 8,400 sqm of leasable space and 235 parking spaces, with opening scheduled for the fourth quarter of 2027.
Warehouse & industrial
Romania recorded 5,046 industrial projects with a combined estimated value of RON 74.52 bln (approximately EUR 14.6 bln) in the first nine months of 2026, according to an analysis by IBC Focus based on data from its VICTA construction intelligence platform. Privately financed developments accounted for nearly 74 pct of the total estimated value, while around half of all projects remained in the permitting stage.
Retail & leisure
IULIUS and Atterbury Europe are investing more than EUR 7.6 mln in the modernisation of Iulius Mall Cluj, with completion scheduled for 2027. The project aims to enhance the visitor experience, expand the retail and leisure offering, and reinforce the shopping centre’s position as a leading retail destination in the region.
Office & mixed-use development
GTC has officially opened Centerpoint 3, the final phase of its landmark Centerpoint office complex in Budapest’s Váci Corridor, completing one of the Hungarian capital’s largest recent office developments.
Office & mixed-use development
In the first three quarters of 2026, tenants leased more than 590,000 sqm of office space in Warsaw, up 22 pct year on year. At the same time, the vacancy rate fell to 7.9 pct across the city and 4.3 pct in central locations. Limited new supply and rising demand are strengthening the position of landlords in prime office buildings and putting upward pressure on rents, according to Axi Immo’s report 'Warsaw Office Market Q1–Q3 2026'.
Retail & leisure
Sigma Park in Darłowo has received a final building permit, paving the way for construction of the new retail park. The opening is scheduled for the second half of 2027.
Strabag, together with TKT Engineering, has been appointed general contractor for Roma Tower, a 170-metre residential skyscraper planned for central Warsaw. The EUR 200 mln project will comprise 357 luxury apartments, with construction scheduled to take 50 months.
PORR has signed a contract worth around PLN 539 mln gross to build the first phase of a cargo and logistics facility for the US Air Force at Wrocław-Strachowice Airport. Commissioned by the Regional Infrastructure Management Board in Wrocław, the project is scheduled for completion by 2029.
BERGER Bau Polska will modernise the Kredka and Ołówek student residences owned by the University of Wrocław under a contract worth PLN 41.44 mln gross. Work will bring the buildings into compliance with current fire safety regulations and is scheduled to run from October 2026 to April 2029.
Public-sector construction has become one of the fastest-growing areas of Dekpol Budownictwo’s business. Over the past two years, the company has signed general contracting agreements for projects spanning culture, education, sport, public safety and social policy, with a combined value exceeding PLN 1 billion. Its portfolio includes projects across Poland as well as the construction of the new Polish Antarctic Station on King George Island.
A traditional topping-out ceremony has been held at the construction site of the new primary school in Biedrusko. The project on Chludowska Street, being developed by Dekpol Budownictwo, has reached another key milestone. According to Suchy Las municipality, it is the largest educational investment in its history. The new school will accommodate up to 600 pupils.
Mirbud has signed a contract with Warsaw University of Technology to build a sports and events hall next to the Syrenka Stadium in Warsaw. The design-and-build contract is worth more than PLN 168 mln.
Budimex has signed a contract with Adam Mickiewicz University in Poznań to design and build a new university archive. The contract is worth more than PLN 26.4 million net, with the project scheduled for completion within 18 months.
Budimex has begun reconstructing a more than 2-kilometre section of the I/43 road near Černá Hora in the Czech Republic. The CZK 250.2 mln contract (EUR 10.3 mln) covers the construction of a new road and two bridges.
Budimex will complete the expansion of Dr Jan Biziel University Hospital No. 2 in Bydgoszcz. The contract is worth nearly PLN 211 mln gross.
Berger Bau has signed a contract to modernise the Lower Silesian Police headquarters in Wrocław. The PLN 24 mln project is scheduled for completion within 28 months.
Poland’s construction sector is facing increasing labour shortages, with the industry short of around 150,000 workers. Turnover among engineers has reached 42 pct, according to Randstad’s latest report, 'Labour Market in the Construction Sector: Trends, Challenges and Recruitment Strategies for 2026'. Demographic changes, rising employee expectations and the sector’s shift towards Construction 4.0 are adding to the pressure.
Cost remains a decisive factor in construction tenders, but investors are increasingly looking beyond the upfront price. For production facilities and warehouses, factors such as delivery time and technical specifications are now being considered alongside a building’s carbon footprint over its entire life cycle.
Construction material prices are rising significantly more slowly than inflation, with prices in some categories even falling. Despite this, the situation for construction companies remains challenging. The number of corporate insolvencies in the sector rose by 31.3 pct year on year, while the number of restructuring proceedings almost doubled. Weaker demand, high labour costs and pressure on liquidity are among the main challenges facing the industry.
Poland’s residential construction market is slowing, with 936 projects put on hold over the past year. Yet investors continue to prepare new projects, with activity in planning and design on the rise. According to Kompas Inwestycji, 1,219 projects reached the foundation stage or moved into construction between August 2025 and July 2026.
The Territorial Planning, Urbanism and Construction Code (CATUC) is expected to have a significant impact on Romania’s real estate market. Two measures are likely to be particularly important: tighter limits on how much can be built on a site and a new infrastructure payment, the cost of which has yet to be determined, according to Crosspoint Real Estate.
Work is progressing on the High-Speed Rail (KDP) tunnel in Łódź, part of the Port Polska project. At the launch chamber in Retkinia, the concrete support for the Tunnel Boring Machine (TBM) shield has been completed, while the first components of the machine are being assembled on site. Tunnelling on one of Poland’s most important underground railway projects is due to begin in 2027.
The construction of Poland’s first nuclear power plant has reached an important milestone. Bechtel, the project’s general contractor, is taking over management of the construction site from Polskie Elektrownie Jądrowe (PEJ). At the same time, Budimex, one of Poland’s largest construction companies, has begun the earthworks.
Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massive Port of Poland (or CPK) transport hub, which is being developed between Warsaw and Łódź.
A significant stage in the assembly of the new main building of the Henryk Arctowski Antarctic Station has been completed.
The value of the 960 largest construction projects in Poland is already more than PLN 1 tln and continues to rise, driven by a wave of infrastructure and energy megaprojects.
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 ...
Strabag, together with TKT Engineering, has been appointed general contractor for Roma Tower, a 170-metre residential skyscraper planned for central W ...
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.
Warsaw is strengthening its position on Europe’s artificial intelligence map, while Kraków stands out for its technology sector growth potential. Acco ...
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 ...
NEPI Rockcastle has opened its second large-scale photovoltaic park in Romania, bringing its in-house renewable energy capacity to the equivalent of 3 ...
The deadlines for nominating candidates and registering for the jury for the 16th Eurobuild Awards have been extended! Both the candidate and jury reg ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On November 19th, 2026, Eurobuild Conferences will welcome investors, developers, financial institutions, corporate executives and real estate profess ...
On 28th October, the Warsaw Spire skyscraper in Warsaw displayed the inscription “PREDAPPIO 28 X 1944, LA POLONIA NON È LIQUIDATA” (“Poland has not be ...
Recently UNIQA Real Estate Management announced that it was opening up its portfolio to third-party investors and then, soon afterwards, announced tha ...
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 ...
Mercure Gdynia Centrum has officially been awarded a four-star rating following an application by the hotel’s owner, Essendi. The decision marks the c ...
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
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 ...
Poland’s commercial real estate investment market gathered pace in the first nine months of 2026, with transaction volumes reaching EUR 4.7 bln, up 81 ...
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 ...
GEO Group, through its subsidiary Ceglana, is preparing a mixed-use development on nearly 20 hectares of former railway land in Poznań. The project wi ...
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 ...
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
The opening of the restored boiler house at the former Pafawag factory marks the completion of the Nowa Kolejowa development in Wrocław. Designed by B ...
Xtreme Fitness Gyms is expanding its club at Galeria Mosty in Płock by adding a new fitness studio. The expansion will increase the club’s training ca ...
Skanska has implemented a digital access control system at Studio A, an office building in Warsaw. The solution uses the company’s proprietary StudioA ...
ID Logistics Polska has leased nearly 37,800 sqm of warehouse and office space in CTPark Iłowa in Poland’s Lubusz Province. The new distribution centr ...
October 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 ...