CZECH REPUBLIC Gold award for Churchill

Green projects
The Churchill Square office development in Prague has been awarded LEED ‘Gold’ certification.
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The two-building project, which is situated between Seifertova, Italská and náměstí Winstona Churchilla at the boundary of Žižkov and Vinohrady districts, comprises around 30,100 sqm of leasable space, of which 3,700 sqm is retail. Churchill II was completed in Q1 2020 and Churchill I in Q1 2019.

Penta Real Estate and Sudop have invested around EUR 60 mln in the project. The architectural design is by Jakub Cigler Architekti.

Latest news

Warehouse & industrial

Poland Polish warehouse market sees rising demand and falling vacancy

schedule 10 November 2026
Opr./edited by AH

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

Poland Poland remains a leading investment destination in Europe

schedule 10 November 2026
Opr./edited by AH

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

Germany Construction begins on EUR 400 mln Munich Arena project

schedule 10 November 2026
Opr./edited by AH

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

Czech Republic Czech commercial property investment to reach EUR 3 bln in 2026

schedule 10 November 2026
Opr./edited by AH

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 Republic Ikonix partners with Avant to invest over CZK 1 bln annually in real estate

schedule 10 November 2026
Opr./edited by AH

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

Polska LemonTree starts construction of 18,000 sqm Match Warsaw development

schedule 10 November 2026
Opr./edited by AH

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

Germany Havelpark Dallgow changes hands

schedule 10 November 2026
Opr./edited by AH

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

Romania KÉSZ Group secures EUR 30 mln for Corallis Apartments

schedule 10 November 2026
Opr./edited by AH

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

POLAND Franck Delage of S&P is the keynote speaker at Eurobuild Annual Conference!

schedule 09 November 2026
Eurobuild CEE

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

Poland Agrobex completes second stage of Nove Garby

schedule 09 November 2026
Opr./edited by AH

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

Poland PIB Group consolidates Warsaw offices in WTT

schedule 09 November 2026
Opr./edited by AH

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

Czechy Re.Start Petynka now half sold

schedule 09 November 2026
Opr./edited by AH

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

Poland GTC Sells Francuska Office Complex in Katowice

schedule 09 November 2026
Opr./edited by AH

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

Romania Autoklass leases 3,000 sqm at MLP Bucharest West

schedule 09 November 2026
Opr./edited by AH

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

Poland Matexi Completes Final Stage of Sady Żoliborz

schedule 09 November 2026
Opr./edited by AH

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

Poland Towarowa22 to Revitalise Historic Warsaw Pavilion

schedule 09 November 2026
Opr./edited by AH

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 Retail parks drive Poland’s retail market growth

schedule 09 November 2026
Opr./edited by AH

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

Poland CBRE moves into defence

schedule 06 November 2026
Opr./edited by AH

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

Poland Krakowski Bank Spółdzielczy takes serviced space at DL Space Atrium

schedule 06 November 2026
Opr./edited by AH

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

Poland ShockPrice opens first store in Łódź region in Focus Mall

schedule 06 November 2026
Opr./edited by AH

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.

Latest in Green projects

schedule 20 September 2023

EIB grants CTP solar-powered €200m loan

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 programme across its European business park portfolio.

schedule 20 September 2023

Cromwell granted €66m green loan for Janki

Real estate investor and fund manager Cromwell Property Group has secured a EUR 66 mln green loan for the 61,000 sqm Janki shopping centre on the southern outskirts of Warsaw.

schedule 31 July 2023

Pad Res to build 2 PV farms in Pomerania

Pad Res, a joint venture between Griffin Capital Partners and Kajima Europe, is to build two photovoltaic farms in Pomerania with a total capacity of 117 megawatts.

schedule 10 May 2023

KGAL invests more in Polish green energy

German asset manager KGAL Investment Management is to establish a joint venture to build four solar and wind parks with specialist Polish developer Lasuno for its KGAL ESPF 5 impact fund.

schedule 18 April 2023

CTP holds the record

The newly constructed warehouse, which has expanded CTPark Prague West, has been certified as the most environmentally friendly industrial building in the Czech Republic according to ‘BREEAM New Construction’ standards, with a record score of 92.1 pct. The building is home to Rhenus Logistics, which uses it as a cross-dock for its pan-European network for collection services and warehousing.

schedule 28 March 2023

Very Green Norblin

Owned by the Capital Park Group, the Warsaw mixed use complex Norblin Factory has received the final BREEAM certificates for both its office and retail sections. A photovoltaic system has been installed in the complex, and the managers are continuing their efforts to steadily reduce the property’s carbon footprint.

schedule 22 March 2023

Platinium P180

Energy consumption reduced by almost 48 pct, almost 4 mln litres of water saved in a year and CO2 emissions reduced by more than 3,900 tonnes - these are the savings generated by the Warsaw P180 office building, developed by Skanska in Warsaw by the Wilanowska metro station. The investment has just received LEED Core & Shell certification at the Platinum level.

schedule 03 March 2023

First large carbon net zero mall

Docks Bruxsel in Brussels has received a CO2 neutrality certificate from CO2logic/South Pole. It is the first large shopping centre in Europe to receive this certification.

schedule 24 February 2023

Outstanding in Szczecin

Panattoni has received an "Outstanding" rating under the BREEAM International New Construction system for Panattoni Park Szczecin III halls A and B. This is the first such high level of certification in the industrial real estate market in Poland for a newly built investment.

schedule 20 February 2023

CA Immo’s green lease initiative

CA Immo has concluded 45 lease agreements with a total of nearly 29,000 sqm of office space in Warsaw in the past year, 20 pct of which in Q4 of 2022. The company has also introduced a green lease initiative in 2022, governing mutual commitment of landlord and tenant to optimize sustainable building operations. Since May 2022, 23 green lease agreements have already been concluded.

schedule 08 February 2023

.Ktw II is excellent

.Ktw II office building, developed by TDJ Estate, has been certified BREEAM at the Excellent level. The document is the final assessment of the investment's environmental impact. The building achieved a score of 80.6 pct.

schedule 31 January 2023

Towards a sustainable future

Globalworth received 47 various ESG related certifications for its Romanian portfolio in 2022, among them LEED, BREEM, WELL Health & Safety and Access4you accreditations.

schedule 18 January 2023

Life beyond the wind

Panattoni is supporting the upcycling of the machinery used to generate green energy. In 15 of its locations environmentally friendly outdoor furniture made from former wind turbines can already be found, and in 2023 similar furniture is to appear in another 100 locations.

schedule 10 January 2023

Very Good news for Etele Plaza

Futureal’s Etele Plaza in Budapest has received BREEAM 'Very Good' certification in the retail category.

schedule 28 November 2022

Windy in Kostomłoty

Bilfinger Tebodin has completed work on a 27 MW wind farm in Kostomłoty in the South-West of Poland. The investment was carried out by Polenergia, Poland's largest private energy group.

schedule 21 November 2022

Photovoltaics works for Warsaw Unit

Ghelamco has completed its first three photovoltaic farms as part of its programme to achieve energy neutrality, announced in May 2022.  The installations, with a capacity of nearly 3 MW, were built in three locations in the Opole region.

schedule 07 November 2022

Strabag launches C3 pilot project in Bremen

C3, the Circular Construction & Technology Center project in Bremen is the Strabag’s first competence centre for sustainable circularity. It will be focused on resource reprocessing, it will be energy self-sufficient and climate neutral.

schedule 30 September 2022

Outstanding in the Clubhaus

Czech developer CTP has obtained the first BREEAM ‘Outstanding’ certification – the highest possible level – of its Romanian portfolio for the Clubhaus multifunctional building, part of the CTPark Bucharest West industrial park.

schedule 23 September 2022

Well renewal for Spark C

The fifth floor of the Spark C building in Warsaw, which houses the head office of the Skanska’s commercial development business unit in the CEE region, has just been obtained a renewal of its Well Commercial Interior certificate. This is the first such recertification in Poland and the CEE region, and the second in Europe.

schedule 23 August 2022

Well Health-Safety for Globalworth’s Polish portfolio

All 17 properties in the Polish portfolio of Romanian developer Globalworth have obtained Well Health-Safety Rating certification.

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Edition 10 (310) October 2026

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