Confidence returns to hotels

Hotels
POLAND Despite poor business sentiment in the hotel and catering industry at the end of last year, the beginning of the year proved to be far more optimistic according to the ‘Barometer’ report by EFL
“The condition of the hotel and catering sector is mainly dependent on two factors: The contents of Poles' wallets and the season of the year. Handouts such as 500 plus, end of year bonuses and the cut in income taxes resulted in a real increase in household incomes in Poland, which has an impact on Poles’ spending. Some of this goes into the pockets of restaurateurs and hoteliers. Secondly, our research shows Poles are increasingly taking winter holidays,” says Radosław Woźniak, the CE
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Latest news

Residential

Czech Republic PSN launches sales of 32 apartments in Prague’s Nusle district

schedule 29 October 2026
Opr./edited by AH

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.

Statement by the CEO of Eurobuildcee sp. z o.o.

schedule 22 October 2026

I hereby declare that the statements made by Mr Kazimierz Krupa, former Editor-in-Chief of Eurobuild monthly magazine, published on social media and subsequently reproduced by other online platforms, constitute defamation and insult. They constitute a serious violation of my personal rights, including my honour and reputation, as well as the good name and reputation of Eurobuildcee sp. z o.o. (hereinafter referred to as the “Company”).

Events

Poland Warsaw Spire commemorates Polish soldiers’ capture of Predappio

schedule 29 October 2026
Opr./edited by AH

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

Poland ID Logistics Polska leases 37,800 sqm in CTPark Iłowa

schedule 29 October 2026
Opr./edited by AH

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

Poland STRABAG Real Estate Secures First Tenant for Upper One in Warsaw

schedule 29 October 2026
Opr./edited by AH

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

Poland PKB Inwest Budowa secures permit for park in Skarżysko-Kamienna

schedule 29 October 2026
Opr./edited by AH

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 Romania’s industrial project pipeline reaches RON 74.5 bln

schedule 29 October 2026
Opr./edited by AH

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

Romania Iulius Mall Cluj to undergo EUR 7.6 mln modernisation

schedule 29 October 2026
Opr./edited by AH

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

Hungary GTC opens Centerpoint 3 in Budapest

schedule 29 October 2026
Opr./edited by AH

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

Poland Demand rises and rents come under pressure

schedule 28 October 2026
Opr./edited by AH

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

Poland Sigma Park in Darłowo set to open in 2027

schedule 28 October 2026
Opr./edited by AH

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.

Residential

Poland Rutkowski Group launches sales of 43 apartments in Gdańsk

schedule 28 October 2026
Opr./edited by AH

Rutkowski Group has launched sales at Aniołki, a new residential development at 9 Smoluchowskiego Street in Gdańsk. The project will comprise 43 apartments ranging from 27 to 106 sqm, with completion scheduled for Q3 2028.

Residential

Poland Invest TDJ Estate launches next phase in Zabrze

schedule 28 October 2026
Opr./edited by AH

Invest TDJ Estate has launched sales of the fourth phase of its Zielona Dolina residential development in Zabrze, comprising 139 apartments and 20 semi-detached houses. Completion is scheduled for Q2 2028.

Warehouse & industrial

Poland Prologis leases 51,000 sqm to e-commerce platform

schedule 28 October 2026
Opr./edited by AH

Prologis has signed two lease agreements totalling 51,000 sqm with one of Europe’s leading e-commerce platforms. The tenant will occupy more than 24,000 sqm at Prologis Park Piotrków and around 27,000 sqm at Prologis Park Chorzów.

Investment & finance

Poland Poland’s investment market rebounds

schedule 28 October 2026
Opr./edited by AH

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 pct year on year. A total of 93 deals were completed, marking the strongest first nine months since 2018, according to Avison Young.

Exclusive
Exclusive

CEE region Uniqa opens up

schedule 28 October 2026
Alex Hayes
journalist

Recently UNIQA Real Estate Management announced that it was opening up its portfolio to third-party investors and then, soon afterwards, announced that it was setting up its UQA fund to invest in offices in Poland, the Czech Republic and Austria. In an exclusive interview with Eurobuild, Thomas Erdmann, the managing director of UNIQA Real Estate Management, has confirmed that these two announcements were indeed connected and goes on to explain his strategy for the region.

Warehouse & industrial

Romania Romania’s Industrial and Logistics Market Expands as New Supply Rises by 60 pct

schedule 28 October 2026
Opr./edited by AH

Romania’s industrial and logistics market continued to grow in the first nine months of 2026, with modern stock reaching 8.17 million sqm at the end of Q3. Nearly 340,000 sqm of new space was delivered, representing an increase of more than 60 pct compared with the same period last year, according to Cushman & Wakefield Echinox.

Warehouse & industrial

Poland Logicor completes warehouse redevelopment in Piaseczno

schedule 27 October 2026
Opr./edited by AH

Logicor has completed the redevelopment of its 48,000 sqm B3 warehouse at Logicor Piaseczno, near Warsaw, converting the building into flexible warehouse units ranging from 1,700 to 5,700 sqm. The project is the company’s first of its kind in Poland and responds to growing demand for smaller warehouse spaces in the Warsaw area.

Hotels

Poland Mercure Gdynia Centrum earns four-star rating

schedule 27 October 2026
Opr./edited by AH

Mercure Gdynia Centrum has officially been awarded a four-star rating following an application by the hotel’s owner, Essendi. The decision marks the culmination of a two-year modernisation programme at a hotel that has been part of Gdynia’s cityscape for more than 40 years.

Warehouse & industrial

Polska Grupa Antczak to build Aalberts Surface Technologies facility in Kalisz

schedule 27 October 2026
Opr./edited by AH

Grupa Antczak has been appointed general contractor for a new production and warehouse facility for Aalberts Surface Technologies in Kalisz. The project is being developed in the Dobrzec-Zachód Economic Zone and reflects the city’s growing role as a centre for advanced manufacturing.

Latest in Hotels

schedule 27 October 2026

Mercure Gdynia Centrum earns four-star rating

Mercure Gdynia Centrum has officially been awarded a four-star rating following an application by the hotel’s owner, Essendi. The decision marks the culmination of a two-year modernisation programme at a hotel that has been part of Gdynia’s cityscape for more than 40 years.

schedule 27 October 2026

Wave Hotels launches in Poland

Wave Hotels, a new company within the Green House Development group, is entering the Polish hospitality market. It will focus on acquiring hotels and resorts, improving their profitability and managing properties owned by independent operators.

schedule 12 October 2026

Green House Development launches pre-sales for final phase of Wave Świnoujście

Green House Development has launched pre-sales for Building C, the final phase of its Wave Świnoujście Thermal & SPA development. The building will feature 192 finished apartments, around 2,000 sqm of thermal and spa facilities, massage rooms and a conference room. Completion is scheduled for the first quarter of 2030.

schedule 21 September 2026

Accor to open Tribe hotel at Kraków Airport

Accor has signed a franchise agreement for the Tribe Kraków Airport hotel. Located next to the airport terminal, the 170-room property is scheduled to open in 2030.

schedule 16 September 2026

Bucharest Hotel Market Set for Growth

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.

schedule 11 September 2026

Bob W to open fifth Tallinn property at Krulli Quarter

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.

schedule 09 September 2026

Prague moves into top 10 for hotel investment

More than 90 pct of European investors plan to maintain or increase their investment in hotel real estate in 2026, according to the latest CBRE survey. Prague has moved into the top 10 European cities for hotel investment, sharing seventh place with Copenhagen, Rome, Geneva and Athens.

schedule 31 August 2026

Mövenpick opens first Croatian hotel on Adriatic coast

Mövenpick has opened its first hotel on Croatia’s Adriatic coast in Novi Vinodolski. The resort includes 198 hotel rooms and suites, as well as 304 privately owned residences, with the first phase already on sale at prices starting from EUR 345,000.

schedule 28 August 2026

Poland’s hotel investment market slows as Warsaw leads CEE-6 supply growth

Hotel investment transactions in Poland were worth EUR 59 mln in the first half of 2026, down 24 pct year on year. At the same time, Warsaw is expected to be the fastest-growing hotel market among the CEE-6 capitals in terms of room supply in 2026, with a forecast increase of 7.2 pct.

schedule 17 August 2026

Green Development launches Wave Ustka Thermal & Spa

Green House Development is launching pre-sales of suites at Wave Ustka Thermal & Spa, the third development under the Wave brand on the Polish coast, located around a ten-minute walk from the centre of Ustka and around 120 km from the Tricity area.

schedule 05 August 2026

Mercure opens in Oradea

Accor has announced the opening of the Mercure Oradea. The new 90-room hotel is the hospitality group’s 26th location in the country. It is managed by local company Grand Hotel West under a franchise agreement, with Spark Hospitality as its operator.

schedule 27 July 2026

Saltic Zieleniec hotel under construction by Mirbud

Saltic, a Polish hotel developer and operator, has appointed Mirbud to construct its Saltic Zieleniec development in Duszniki-Zdrój with work to begin in early August 2026 and completion scheduled for July 2028.

schedule 20 July 2026

Marvipol launches Unique Hotel Kołobrzeg

Marvipol has launched sales for suites in its latest hospitality project, Unique Hotel Kołobrzeg. The five-star complex, comprising 227 suites, ranging in size from 25 to 104 sqm.will be built at ul. Sułkowskiego 7 in Kołobrzeg.

schedule 01 July 2026

Pbb refinances Radisson Blu Bucharest

Deutsche Pfandbriefbank (Pbb) has provided EUR 123 mln in investment financing to funds managed by Cerberus Capital Management and Revetas Capital for the refinancing of the Radisson Blu hotel complex in central Bucharest. The bank acted as the financing arranger and sole lender.

schedule 23 June 2026

Griffin and Primestar join forces

Warsaw-based private equity investment manager Griffin Capital Partners and Berlin-based hospitality operator Primestar Group have launched Prime Griffin Hotels, a 50/50 JV to build a Polish hotel platform.

schedule 07 May 2026

aHouse to build hotel in Grodzisk Mazowiecki

 aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real estate segment. 

schedule 04 May 2026

Swissôtel comes to Gdynia

In 2027, the first Swissôtel hotel in Poland will open in Gdynia. The project, being developed in partnership with Allenort Group, will be part of the Waterhall complex.

schedule 04 May 2026

Strong Warsaw hotel growth

According to the latest study by Cushman & Wakefield, Warsaw remains one of the strongest hotel markets in the CEE region. In 2025, the city recorded one of the highest RevPAR increases among CEE-6 cities, while also leading the growth in hotel room supply.

schedule 30 April 2026

RevPAR up by 12 pct

Bucharest’s hotel market recorded the strongest performances in Central and Eastern Europe (CEE) in 2025, with revenue per available room (RevPAR) increasing by 12 pct year-on-year, outperforming the CEE-6 average, according to a market analysis conducted by Cushman & Wakefield.

schedule 09 April 2026

Kempinski buys Augustine Hotel, Prague

Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought the Hotel Vier Jahreszeiten Kempinski Munich in 1970.

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Edition 10 (310) October 2026

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