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With occupier demand increasingly focused on prime, well-located buildings, Warsaw’s office market is becoming more selective. Around Rondo Daszyńskiego, one of the city’s most established business locations, this trend is particularly visible. The FORM is among the office assets benefiting from this shift: since opening in early 2025, it has become fully leased, attracted a diversified mix of public- and private-sector occupiers, and demonstrated substantial day-to-day use. Its performance to date, combined with the continued evolution of the surrounding district, reinforces its position as a trophy office asset.
Investment & finance
Poland’s planning reform is changing the way land is valued, according to Walter Herz. Plots covered by a local zoning plan (MPZP), a legally binding zoning decision (WZ) or with secured development potential are gaining value, while sites without a clear path to development are becoming increasingly risky. As a result, planning risk is emerging as a key factor in land values, with investors increasingly willing to pay for greater certainty over the development process.
Retail & leisure
Consumers are increasingly tired of technology overload and excessive personalisation, while physical stores can benefit from offering something the digital world cannot: the freedom to discover products, interact with them and take a break from screens. This is according to the latest JLL survey of more than 1,100 consumers.
Residential
Poles continue to see apartments as one of the most attractive ways of investing their money, according to Otodom’s ‘Property Market Sentiment Monitor’. The report shows that 57 pct of respondents consider an apartment a good investment, rising to 67 pct among those planning to buy a property from a developer. At the same time, a growing range of instruments allows investors to gain exposure to housing-market financing without buying a property. One such instrument is the mortgage-covered bond, which gives individual investors access to mortgage-market financing.
Residential
MTX Development is planning a 133m residential tower at ul. Chorzowska 1 in Katowice, directly opposite the Spodek arena. The developer submitted an application for a zoning decision in December 2025, while Konior Studio has unveiled a visualisation of the project’s architectural concept.
Retail & leisure
Retail parks are increasingly becoming local hubs for everyday needs, particularly in smaller towns. According to a study by Cushman & Wakefield Poland, 76 pct of people in Poland under the age of 40 visit a retail park at least once a week to shop. Among people aged over 40, the figure is 59 pct.
Office & mixed-use development
UREM Poland has appointed Colliers as the exclusive leasing agent for its Warsaw office portfolio, comprising Wronia 31, Uniqa Forum and Carpathia Office House. Together, the three properties offer more than 31,700 sqm of office space.
Retail & leisure
LCP Poland, part of M Core, has completed the acquisition of Galeria Chełm from Equilis and Acteeum. The value of the transaction was not disclosed. The acquisition expands LCP Poland’s portfolio by more than 17,000 sqm of retail space and 55 tenants.
Office & mixed-use development
ADC, part of the Drees & Sommer Group, has extended its lease agreement with GTC and expanded its space at the Francuska Office Centre in Katowice. The company’s office will now occupy approximately 570 sqm.
Warehouse & industrial
The vacancy rate in Poland’s warehouse market fell to 6.6 pct at the end of June, its lowest level in three years. At the same time, gross take-up rose 21 pct year-on-year in the first half of 2026, reaching 3.51 mln sqm, according to CBRE data.
Warehouse & industrial
Automation is becoming an increasingly important factor in warehouse selection and lease negotiations in Poland. At the same time, tightening availability could prompt more tenants to consider build-to-suit projects, according to Knight Frank. The vacancy rate fell to 6.6 pct at the end of the second quarter of 2026, its lowest level in three years.
Warehouse & industrial
Poland’s modern industrial and logistics stock surpassed 38 mln sqm at the end of June, according to a report by BNP Paribas Real Estate Poland. Around 0.6 mln sqm was delivered in the second quarter, 11.4 pct less than in the previous quarter. Over the past four quarters, new supply totalled around 1.8 mln sqm, down 16.2 pct year-on-year.
Warehouse & industrial
Household appliance manufacturer Mozano has leased nearly 4,600 sqm at MLP Business Park Łódź. The company will occupy around 4,500 sqm of warehouse space and nearly 100 sqm of office and staff space.
Retail & leisure
Refield is developing Pasaż Łańcucki, an 11,200 sqm retail park in Łańcut, southeastern Poland. The project is being developed on a 3.5 ha site located on Przemysłowa Street, adjacent to Provincial Road No. 877. The development is being delivered on behalf of local investor Bispol Invest, with the opening scheduled for September 2027.
Investment & finance
Romanian developer Nusco has signed a EUR 21.4 mln financing agreement with Exim Banca Românească.
Investment & finance
CEECAT Capital has raised EUR 135 mln at the first close of its third fund, targeting EUR 200 million and with a EUR 250 million hard cap.
Hotels
Bob W has signed a long-term deal to operate a new aparthotel at Krulli Kvartal, part of the 10.2 ha regeneration of the historic Krulli industrial quarter in Tallinn. The property is scheduled to open in the first quarter of 2028.
Warehouse & industrial
Segro has extended its lease with Jiffy Packaging at Segro Logistics Park Gliwice. Under the agreement, Segro will modernise the 21,600 sqm production and warehouse facility that Jiffy Packaging has occupied since 2007.
Residential
RealCo has sold all 133 apartments at its Apartamenty przy Parku Szczytnickim project in Wrocław. The apartments are spread across 10 buildings. The developer currently has two other projects on sale in the city: Nowa Pabianicka and Elewator. Mieszkania i Lofty.
Investment & finance
Poland’s commercial real estate market attracted EUR 3.06 bln in investment in the first half of 2026, up 72 pct from a year earlier. According to Colliers’ 'Market Insights H1 2026' report, Poland was once again the largest investment market in Central and Eastern Europe, accounting for more than half of the region’s total investment volume.
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 scheduled for September 2028.
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.
The City of Poznań and Dekpol Budownictwo have signed a contract for the major redevelopment of the Poznań Palm House. The city’s landmark attraction will undergo an extensive upgrade to bring it up to modern technical standards and provide better conditions for its plants and animals. The contract was signed on 17 August, with Dekpol Budownictwo appointed as the general contractor.
Austrian construction group Porr has been rolling out its Porr Healthcare division across the markets it is active in, including Poland. The division specialises in the construction of healthcare facilities.
Budimex has been awarded an PLN 86 mln gross contract for the construction of a new specialist outpatient clinic at the L. Zamenhof University Children’s Clinical Hospital in Białystok [Uniwersytecki Dziecięcy Szpital Kliniczny im. Ludwika Zamenhofa w Białymstoku] in its latest contract for the institution.
Mostostal Warszawa has completed the second stage of the reconstruction of the north wing of the Pomeranian Dukes’ Castle (Zamek Książąt Pomorskich) in Szczecin. The project also involved the comprehensive redevelopment of the castle’s north terrace and northern escarpment.
Agrobex Budowa has been appointed as the general contractor for the restoration of the Dewin–Biberstein–Promnitz Castle in Żary. The 13th-century landmark in western Poland's Lubusz region will be transformed into a new Centre for Culture and Tradition.
Budimex has completed the reconstruction and expansion of the swimming pool and sports and entertainment hall of the Szczecin Sports Centre. The construction was completed on schedule, and the centre has already completed all the required technical inspections. The total investment came to PLN 109.45 mln gross.
Polish Railway Lines (PKP) has signed a contract with general contractor Torpol for the modernisation of Warszawa Wschodnia station (Warsaw East), worth over PLN 3.6 bln. Work will begin in December this year and will cover not only the station but also its immediate surroundings.
Polish State Railways (PKP) is to modernise the station in Gronów Elbląski. The design is ready, and the company has now announced a tender to select a general contractor with bids to be submitted by June 18th.
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway station and the Palace of Culture and Science. The promenade is to be repaved and will feature large green areas.
The reconstruction of the historic Oleśnica railway station, dating back to 1868, is nearing completion. A dedicated passenger area has been created, and the ticket office has been relocated.
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculties of Journalism, Information and Bibliology and Economic Sciences, as well as the Academic Campus Radio. Construction work will begin at the end of November.
The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by the Urban Land Institute. Presented in the Arts and Culture category, the award is one of the highest international honours in the real estate and urban planning industry.
The Museum of Modern Art opens to the public today. The residents of the capital have been waiting for this investment for nearly twenty years. It is not only a major new institution on the cultural map of Poland, but also another project changing the centre of Warsaw.
The most famous palm tree in Poland will be owned by the Museum of Modern Art. One of Warsaw's best-loved art installations will soon undergo a major overhaul.
A consortium of Balzola Polska, Lantania and EBS Bud has signed a contract for the construction of a building for the District Court for Łódź - Bałuty and Polesie and the District Court for Łódź Śródmieście. The value of the contract is approx. PLN 267,6 mln gross.
The E.Wedel Chocolate Factory Museum is to open in Warsaw on September 4th, International Chocolate Day.
In Gdynia, in the historic location of the South Pier and by the yacht harbour, Ghelamco, together with the Polish Yachting Association (PZŻ), will build a multifunctional building with a sailing centre.
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec sub-district of Warsaw’s Mokotów district.
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 construction sector is facing increasing labour shortages, with the industry short of around 150,000 workers. Turnover among engineers has re ...
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 ...
EPP has already met the emissions reduction targets it set for 2030 under the Science Based Targets initiative (SBTi), which helps companies set emiss ...
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 ...
Bob W has signed a long-term deal to operate a new aparthotel at Krulli Kvartal, part of the 10.2 ha regeneration of the historic Krulli industrial qu ...
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 planning reform is changing the way land is valued, according to Walter Herz. Plots covered by a local zoning plan (MPZP), a legally binding ...
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 ...
UREM Poland has appointed Colliers as the exclusive leasing agent for its Warsaw office portfolio, comprising Wronia 31, Uniqa Forum and Carpathia Off ...
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 ...
Poles continue to see apartments as one of the most attractive ways of investing their money, according to Otodom’s ‘Property Market Sentiment Monitor ...
Consumers are increasingly tired of technology overload and excessive personalisation, while physical stores can benefit from offering something the d ...
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
The vacancy rate in Poland’s warehouse market fell to 6.6 pct at the end of June, its lowest level in three years. At the same time, gross take-up ros ...
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 ...