Warehouse & industrial
Poland's warehouse market ended the third quarter of 2026 with stronger occupier demand, increased development activity and declining availability of vacant space. According to Cushman & Wakefield, the vacancy rate fell to 5.7 pct, while gross take-up reached 1.79 mln sqm.
Investment & finance
The European real estate market is awaiting a more sustained recovery, but Poland remains one of the region's most promising investment destinations. According to the report 'Emerging Trends in Real Estate Europe 2027', prepared by PwC and the Urban Land Institute (ULI), Warsaw has retained 12th place in the European investment and development prospects ranking for the third consecutive year.
Construction
Construction has officially started on Munich Arena, a new live entertainment complex scheduled to open in 2029. The development, valued at more than EUR 400 mln, will include a concert venue for approximately 20,000 spectators, a music-themed hotel, a mobility centre and recreational areas. Drees & Sommer is responsible for project management.
Investment & finance
The Czech Republic's commercial real estate market recorded EUR 2 bln in investment transactions in the first three quarters of 2026, with domestic investors accounting for more than 65 pct of the total. According to CBRE, annual investment volume could reach EUR 2.7–3 bln, supported by major deals involving the Riverside Karlín office complex and Centrum Stromovka shopping centre.
Investment & finance
Czech developer Ikonix has entered into a strategic partnership with investment group Avant, acquiring a stake in its Nemomax qualified investor real estate fund and taking over full management of its development projects. The partners plan to invest more than CZK 1 bln annually in new real estate ventures.
Warehouse & industrial
LemonTree has started construction of MATCH WARSAW, an 18,000 sqm mixed-use development combining warehouse, service and sports facilities. The project is located in southern Warsaw, near Chopin Airport, and is scheduled for completion in May 2027.
Investment & finance
Funds managed by Strategic Value Partners, together with 4 Friends Investment (4FI), have acquired Havelpark Dallgow, a shopping centre in Dallgow-Döberitz, Brandenburg, near Berlin, from European private real estate manager Redevco.
Investment & finance
KÉSZ Group has secured EUR 30 mln in financing from Raiffeisen Bank Romania for Corallis Apartments, its first own residential development in Bucharest. The loan complements the Group’s investment and customer prepayments, strengthening the project’s financial structure and supporting its continued development.
EurobuildCEE
The keynote speaker at Eurobuild’s 32nd Annual Polish Commercial Real Estate Conference will be one of Europe’s foremost real estate and capital markets experts: Franck Delage, the managing director, real estate sector lead (EMEA) and global coordinator of S&P Global.
Residential
Agrobex Deweloper has secured an occupancy permit for the second phase of its Nove Garby residential development in Garby, near Poznań. The completed phase comprises 145 apartments, while construction of the third phase, featuring a further 108 units, is underway.
Office & mixed-use development
International insurance brokerage group PIB Group has leased 1,300 sqm of office space at Warsaw Trade Tower (WTT), owned by Globalworth. The new headquarters occupies an entire floor of the landmark Warsaw skyscraper.
Residential
Half of the 283 apartments at Geosan Development’s Re.Start Petynka residential project in Prague’s Střešovice district have been sold. Two-bedroom units are proving particularly popular. The development will also feature a retail and service offering, including a Billa supermarket and additional ground-floor commercial premises.
Investment & finance
GTC has completed the sale of the Francuska Office Centre in Katowice to BPS Leasing S.A., which acquired the property on behalf of Grupa Opal through a real estate leasing arrangement. The transaction forms part of GTC’s strategy to reduce debt and optimise its property portfolio.
Warehouse & industrial
Romanian automotive dealer Autoklass has become the latest tenant at MLP Bucharest West, leasing 3,000 sqm of space, including 2,700 sqm of warehouse space and 300 sqm of offices. The lease is scheduled to commence in mid-December 2026.
Residential
Matexi Polska has secured an occupancy permit for the second and final phase of its Sady Żoliborz residential development in Warsaw, paving the way for handovers to begin shortly. Only a handful of apartments remain available, including two-bedroom units and the project's final five-bedroom apartment.
Office & mixed-use development
Developers behind the Towarowa22 project in Warsaw’s Wola district have begun the comprehensive restoration of the historic Dom Słowa Polskiego pavilion. Designed by JEMS Architekci, the modernist building will be transformed into a food and service destination integrated with the development’s landscaped Towarowa Gardens. Construction is scheduled for completion in Q1 2027, with the venue expected to open in 2028.
Retail & leisure
Poland’s retail property market continues to see strong development activity. In Q3 2026, 128,000 sqm of new retail space was delivered, up 36.2 pct year on year. Retail parks accounted for more than 90 pct of new supply, while the vacancy rate across the country’s largest urban markets remained low at 2.5 pct, according to the latest report by BNP Paribas Real Estate Poland.
Technology
CBRE is expanding its advisory services for the defence and dual-use technology sectors in Poland. Jan Banasikowski, who has been with the company for 10 years, has been appointed Defence & Dual Use Lead.
Office & mixed-use development
Krakowski Bank Spółdzielczy has leased serviced space at DL Space Atrium, part of DL Invest Group’s mixed-use complex at 138 Korfantego Avenue in Katowice. The premises will house a customer service branch, complemented by a 24-hour ATM.
Retail & leisure
Focus Mall in Piotrków Trybunalski is expanding its retail offer. On 5th November, ShockPrice opened its first off-price store in the Łódź region at the shopping centre. Teletorium has also joined the tenant mix, while Tatuum and YES are investing in larger, refurbished stores.
Poland’s retail property market continues to see strong development activity. In Q3 2026, 128,000 sqm of new retail space was delivered, up 36.2 pct year on year. Retail parks accounted for more than 90 pct of new supply, while the vacancy rate across the country’s largest urban markets remained low at 2.5 pct, according to the latest report by BNP Paribas Real Estate Poland.
Focus Mall in Piotrków Trybunalski is expanding its retail offer. On 5th November, ShockPrice opened its first off-price store in the Łódź region at the shopping centre. Teletorium has also joined the tenant mix, while Tatuum and YES are investing in larger, refurbished stores.
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.
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.
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.
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.
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.
LUCA has opened its second outlet at the Wars Sawa Junior complex in Warsaw. The new 149 sqm unit is located in the SAWA section, expanding the complex’s food and beverage offer and strengthening the brand’s presence in central Warsaw.
Galeria Echo in Kielce has signed lease agreements with IKEA and CentrumRowerowe.pl. Both brands are set to open their first and only stores in the Świętokrzyskie region in the first half of 2027, occupying a combined area of approximately 6,000 sqm previously used by Carrefour, which is due to close at the end of October 2026.
OTO Park Lubin opened on 22 October 2026. The new retail park, located at 3A/3B Jana Pawła II Street, offers more than 14,000 sqm of gross leasable area (GLA), 30 shops and service outlets, and over 400 parking spaces. The development was jointly delivered by Falcon Investment Management and Acteeum Group, with Trasko acting as the general contractor. The scheme has created more than 200 jobs.
Europa Centralna in Gliwice is entering the final phase of its redevelopment. A new section of the retail and leisure complex is scheduled to open in December, with the entire project due for completion in spring 2027. Once the transformation is complete, the scheme will offer more than 56,000 sqm of gross leasable area.
The Zajawka family entertainment centre will open at OTO Park Siemianowice Śląskie on 24 October, adding children’s attractions, interactive activity games and a café to the retail park.
Osada Pułtusk, a new 27,000 sqm retail park, is planned to open in Pułtusk in 2028. The project is being developed by Mabrok, with Mallson Polska responsible for the commercial concept and leasing.
Bułkę przez Bibułkę will open a new restaurant on the ground floor of the Tribera Warsaw student residence on ul. Obrzeżna in Mokotów. The restaurant will have 105 sqm of indoor space and a terrace of nearly 100 sqm. It will be open to students living in the building, as well as people who live and work in the neighbourhood.
Nhood has repurposed 65,000 sqm of retail space across Europe as part of a modernisation programme for shopping centres owned by Ceetrus and Auchan. In Poland, the company has leased more than 11,300 sqm of additional retail space across four properties, with two more locations set to join the programme.
Lux Med Stomatologia will become a new tenant at Gemini Park Tychy, leasing more than 450 sqm. The dental clinic, which will offer comprehensive care for adults and children, is scheduled to open at the turn of 2026 and 2027.
Poland’s retail property market continues to see strong development activity. Around 132,000 sqm of modern retail space was delivered in Q3 2026, while a further 760,000 sqm remains under construction. According to Cushman & Wakefield, new supply for the full year could exceed 600,000 sqm, reaching its highest level in more than a decade.
Mitiska REIM and Park Lane Developments have opened the first Estrea Park retail park in Bulgaria, marking the start of a planned rollout of the brand across the country. Developed in Sofia’s Hadzhi Dimitar district, the project was delivered in partnership with the European Bank for Reconstruction and Development (EBRD) on behalf of the MEREP 3 fund.
Gdańsk’s CH Osowa shopping centre welcomed five new concepts in September and October, spanning gaming, collectibles, fashion and floristry. The new arrivals include a trading card vending machine, a gaming zone, a shop selling games and consoles, a florist and a women’s fashion boutique.
Polish jewellery brand Ania Kruk has opened a 64.5 sqm store at Magnolia Park in Wrocław. The store offers everyday jewellery, including necklaces, bracelets, earrings, rings and jewellery for piercings.
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 ...
Construction has officially started on Munich Arena, a new live entertainment complex scheduled to open in 2029. The development, valued at more than ...
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.
The keynote speaker at Eurobuild’s 32nd Annual Polish Commercial Real Estate Conference will be one of Europe’s foremost real estate and capital marke ...
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 ...
The European real estate market is awaiting a more sustained recovery, but Poland remains one of the region's most promising investment destinations. ...
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 ...
International insurance brokerage group PIB Group has leased 1,300 sqm of office space at Warsaw Trade Tower (WTT), owned by Globalworth. The new head ...
CBRE has been appointed to manage and lease a portfolio of 11 Dekada retail properties owned by Hungary’s Appeninn Group. The portfolio comprises near ...
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Agrobex Deweloper has secured an occupancy permit for the second phase of its Nove Garby residential development in Garby, near Poznań. The completed ...
Poland’s retail property market continues to see strong development activity. In Q3 2026, 128,000 sqm of new retail space was delivered, up 36.2 pct y ...
CBRE is expanding its advisory services for the defence and dual-use technology sectors in Poland. Jan Banasikowski, who has been with the company for ...
Poland's warehouse market ended the third quarter of 2026 with stronger occupier demand, increased development activity and declining availability of ...
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 ...