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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.
Retail & leisure
White Star Real Estate is expanding its work with Deka Immobilien and taking over full management of Forum Gliwice. The company has so far been responsible for the centre’s commercialisation and, from September 2026, will also handle property management, marketing and project management.
Office & mixed-use development
The French Institute in Poland has opened its Warsaw offices in the restored historic Bellona building. The space includes classrooms, offices and areas for cultural activities, providing facilities for learning French and hosting events.
Eurobuild Awards
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, 2026 at the Hilton Warsaw City Hotel, at ul. Grzybowska 63 in central Warsaw
Retail & leisure
Italian fashion brand Peserico is opening a store in Dom Mody Klif in Warsaw. It will be the brand’s only single-brand store in the city, with women’s and men’s collections.
Retail & leisure
Today, September 16, Bricomarché opened a new store in Ozorków at ul. Konstytucji 3 Maja 17B. The store has 1,800 sqm of retail space and offers 34,000 products across garden, home décor, DIY and building supplies. It also includes a 1,300 sqm outdoor garden area.
Investment & finance
Mint rezidenční fond, which operates in the private rented sector (PRS), has bought 306 new apartments from developer Metrostav Development at the Vysočanský mlýn complex in Prague. The building has 11,500 sqm of floor space. The deal takes Mint’s total number of apartments in the complex to 547, more than half the total number of apartments in the complex.
Office & mixed-use development
Colliers has been appointed as the exclusive leasing agent for Katowice Business Point, an office building owned by Adventum. The agency will handle the leasing of nearly 16,900 sqm of office space.
Retail & leisure
Refield and RGL have signed leases totalling 3,500 sqm for space in a planned retail park in Środa Wielkopolska, with Lidl joining the project as its anchor grocery tenant. The park will have around 18,000 sqm of retail space, with the investors targeting 80 pct occupancy by the end of 2026.
Residential
Trust Investment has launched sales for the third and final phase of the Sky Trust complex in Kielce. The development will include apartments, office and retail units, as well as investment apartments intended for the PRS market.
Hotels
Hotel revenues in Bucharest increased by 5 pct in the first half of 2026 compared with the same period last year, reaching a level 25.2 pct above pre-pandemic figures, according to Cushman & Wakefield Echinox.
ESG
Signum Work Station, an office building on Domaniewska Street in Warsaw, has received the WELL Health-Safety Rating from the International WELL Building Institute (IWBI), recognising procedures covering health, hygiene and occupant safety.
Investment & finance
Commercial real estate remains a significant source of credit risk for German banks, with the sector expected to maintain an elevated non-performing loan (NPL) ratio through 2027, according to the 2026 NPL Barometer from the Bundesvereinigung Kreditankauf und Servicing (BKS) and Frankfurt School of Finance & Management.
Office & mixed-use development
JLL and iO Partners say Central and Eastern Europe’s office market is tightening, with net take-up across six regional capitals reaching 565,000 sqm in the first half of 2026 and the vacancy rate falling to 9.2 pct. With new supply limited, rents for prime space are rising.
Residential
ATAL has launched sales of 72 apartments in the second phase of its ATAL Jasieny project in Gdansk. Located on Stężycka Street, the development comprises 22 low-rise terraced buildings and detached two-unit buildings. Prices start at PLN 10,500 per sqm, with construction scheduled for completion in mid-2028.
Office & mixed-use development
Pazim is modernising the courtyard of its complex in Szczecin. The works will include resurfacing, changes to the parking area, new planting, lighting and the creation of spaces for rest and informal meetings. The project is scheduled for completion in early 2027.
Data centres
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residents, the developer says the buildings will be moved further away from homes, scaled down and separated from the nearest residential properties by a wider green buffer.
Investment & finance
Uniqa is opening its EUR 3 bln real estate platform to third-party investors, marking a new push into external capital after five decades of managing property for its own group.
Office & mixed-use development
Skanska has started construction of the first phase of the Nowy Format office complex in central Krakow. An eight-storey building offering 21,400 sqm of leasable space will be developed on the site of a former press printing plant. The project is scheduled for completion in Q3 2028.
Office & mixed-use development
Flint Group Packaging Solutions has renewed its lease at the Łódź 1 office building at al. Piłsudskiego 22. The company will remain at its current headquarters, occupying 3,328 sqm. The decision followed a review of the office space available on the Łódź market.
Mint rezidenční fond, which operates in the private rented sector (PRS), has bought 306 new apartments from developer Metrostav Development at the Vysočanský mlýn complex in Prague. The building has 11,500 sqm of floor space. The deal takes Mint’s total number of apartments in the complex to 547, more than half the total number of apartments in the complex.
Commercial real estate remains a significant source of credit risk for German banks, with the sector expected to maintain an elevated non-performing loan (NPL) ratio through 2027, according to the 2026 NPL Barometer from the Bundesvereinigung Kreditankauf und Servicing (BKS) and Frankfurt School of Finance & Management.
Uniqa is opening its EUR 3 bln real estate platform to third-party investors, marking a new push into external capital after five decades of managing property for its own group.
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.
Romanian developer Nusco has signed a EUR 21.4 mln financing agreement with Exim Banca Românească.
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.
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.
Bucharest is gaining ground among Europe’s more attractive real estate markets, supported by rental growth across major sectors and investment yields that remain well above Western European levels, according to Cushman & Wakefield’s ‘DNA of Real Estate Europe Q2 2026’ report.
Poland is strengthening its position among developed markets. S&P Dow Jones Indices has decided to reclassify the country from an emerging to a developed market. The change will take effect in September 2027, when Poland will join the S&P Developed BMI as the 27th country in the index. FTSE Russell and STOXX already classify Poland as a developed market.
Romanian investors have acquired commercial real estate worth a combined EUR 2.066 bln over the past 20 years, with 69 pct of that capital invested since 2020, according to Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
Polish hotel company De Silva City has acquired four hotels from Essendi Poland in Warsaw and Szczecin. The value of the transaction was not disclosed.
W. P. Carey has completed a EUR 52 mln sale-leaseback of two industrial properties in Wałcz and Rybnik, Poland, used by Purmo Group. Totalling approximately 83,400 sqm, the properties have been leased back to Purmo under a 20-year triple-net agreement with annual CPI-linked rent increases.
The first half of 2026 brought a clear recovery in the Central and Eastern European commercial real estate market. Investors in the six countries analysed completed transactions worth a combined EUR 5.5 bln, up 20 pct year on year. More important than the increase in volume, however, is the return of large deals across multiple sectors and most markets in the region.
Global Vision has acquired a property comprising two office towers in Bucharest’s Charles de Gaulle–Dorobanți area, in a deal worth several tens of millions of euros.
Investment in European real estate reached around EUR 53 bln in Q2 2026, up 6 pct year on year. The transaction volume came to more than EUR 100 bln in the first half of the year. Poland was among the countries where investment activity grew fastest.
Romania’s new Territorial Planning, Urbanism and Construction Code (CATUC) changes how real estate projects are planned, approved and developed. For Dan Craciunescu, founder of West Group, which operates in both Romania and Germany, the new Code introduces principles that bring Romania closer to practices used in the German market and could provide a more predictable framework for urban planning.
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.
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.
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residen ...
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 ...
Signum Work Station, an office building on Domaniewska Street in Warsaw, has received the WELL Health-Safety Rating from the International WELL Buildi ...
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, ...
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 ...
Hotel revenues in Bucharest increased by 5 pct in the first half of 2026 compared with the same period last year, reaching a level 25.2 pct above pre- ...
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 ...
Mint rezidenční fond, which operates in the private rented sector (PRS), has bought 306 new apartments from developer Metrostav Development at the Vys ...
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 ...
The French Institute in Poland has opened its Warsaw offices in the restored historic Bellona building. The space includes classrooms, offices and are ...
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 ...
Trust Investment has launched sales for the third and final phase of the Sky Trust complex in Kielce. The development will include apartments, office ...
White Star Real Estate is expanding its work with Deka Immobilien and taking over full management of Forum Gliwice. The company has so far been respon ...
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 ...