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Eye to eye… with Paweł Sapek
This latest episode of 'Eye to Eye' is hot out of the podcast oven and ready to listen to! Eurobuild’s guest today is Paweł Sapek, the head of Prologis for Poland and the CEE region.
Chocolate museum set to open
The E.Wedel Chocolate Factory Museum is to open in Warsaw on September 4th, International Chocolate Day.
7R flexes its muscles at Kraków Airport
Polish warehouse developer 7R has completed the construction of 7R City Flex Kraków Airport I, close to Kraków-Balice airport.
MHP awarded with ULI prize
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.
Investment maintains positive momentum
2024 saw a return to stability, a trend that persisted throughout 2025 according to the latest figures from Avison Young. The beginning of 2026 saw a strong volume of closed transactions, marking a promising start to the year. Total investment volume increased to over EUR 1 bln, reflecting a strong resurgence in market activity. This positive momentum is expected to continue into 2026, supported by an overall positive Polish real estate market outlook among investors.
No more supply this year
In the first quarter of 2026, the Warsaw office market had a low vacancy rate of 9.5%, according to the latest data from CBRE.
Rents rising in Warsaw
The Warsaw office market entered 2026 with a shortage of modern space. Although over 40,000 sqm of new and modernised offices entered the market in the first quarter, according to JLL this was only a short-term boost. In the coming months, the market will experience a near-complete slowdown in new supply, which will further fuel rent rises.
Only two buildings completed Q1
The Polish Chamber of Commercial Real Estate (PINK) has published figures on the office market in Warsaw for Q1 2026.
The importance of resilience
Geopolitical tensions, a volatile economic environment, constant supply chain disruption, and the march of technology are changing the reasoning behing location decisions. According to JLL, alongside cost efficiency, a second priority has emerged in the commercial real estate market: resilience.
Poland continues to attract investment
Poland is among the top European countries attracting investor interest. One of the reasons is an expected increase in value from commercial real estate investments due to pressure on rental rates, states CBRE in its '2026 Poland Real Estate Market Outlook' report.
Top stories
News
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Office & mixed-use development
Poland Local markets becoming segmented
After a record-breaking year in demand in 2025, tenant activity in Poland's regional office markets has temporarily slowed. The market is increasingly divided between modern projects and older buildings that face growing commercialisation challenges, according to JLL data.
Material partner
SPAIN SIMA – The Global Hub of Living
SIMA – The Global Hub of Living is the world’s leading investment fair and conference for the residential and living sector, offering a unique and comprehensive B2B2C experience and serving as the main meeting point for the entire residential and living value chain: capital markets, developers, institutional investors, funds, end buyers, consultancies, public administrations and governments. SIMA 2026: the international epicentre of the living sector May 20th to 23rd, Madrid, Spain
Investment & finance
Poland Retail investment up by 56 pct
The value of retail real estate transactions finalised by the end of March 2026 reached EUR 318 mln. This figure was almost 56 pct higher compared to last year, according to the latest data from Cushman & Wakefield.
Investment & finance
Poland Q1 hits EUR 1 bln
The first quarter of 2026 brought a significant revival to the commercial real estate market in Poland. Investment volume was more than EUR 1 bln, representing an increase of over 40 pct year-on-year and the highest figure for this period in several years. Despite a lower number of transactions, their value increased (EUR 635 mln in Q1 2025).
Retail & leisure
Poland LCP opens M Park Bogatynia
LCP Poland, part of M Core, has officially opened M Park Bogatynia, comprising over 8,100 sqm gla with 14 tenants. The centre is fully leased.
Office & mixed-use development
Poland PINK releases Q1 regional leasing figures
The Polish Chamber of Commercial Real Estate (PINK) has published figures for the office markets of eight regional cities in Poland (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, Szczecin) for Q1 2026.
Office & mixed-use development
Poland Swarovski stays in Garnizon
Swarovski's global services centre will remain in the Yoko office building in the Garnizon complex in Gdańsk-Wrzeszcz. Swarovski Global Business Services has been present in this location since 2017.
Office & mixed-use development
Poland Fitness comes to 03
An 850 sqm XXS gym will open in the O3 Business Campus office complex in Kraków in the autumn. This will be the brand's seventh centre in the city.
Retail & leisure
Poland OTO Park Zduńska Wola to open H1 2027
Work is to begin on OTO Park Zduńska Wola, which is to open in H1 next year with tenants that include HalfPrice, CCC, Rossmann, Martes Sport, House, Cropp, Sinsay, and WorldBox. The development has a final building permit.
Office & mixed-use development
Poland A landlord's market
The Warsaw office market maintained stable fundamentals in the first quarter of 2026, while developer activity remained subdued. Record-low new supply and a small number of projects under construction are shifting the market balance toward landlords, according to Knight Frank report.
Investment & finance
Poland Investment hits 1 bln over Q1
Commercial real estate investment in Poland is growing. In the first quarter of 2026, it was more than EUR 1 bln, representing a 44 pct year-on-year increase, according to CBRE's ‘Investment Market in Poland Q1 2026’ report.
Warehouse & industrial
Poland Lemontree to build again in Szczecin
LemonTree has launched construction work on Westside Szczecin NXT, its third complex in Szczecin. The centre will comprise 39,600 sqm of warehouse, service and office space, of which around 30 pct has already been leased to a leading logistics operator.
Retail & leisure
Poland Sekunda to open in Bystrzyca Kłodzka
A Sekunda retail park is to be built in Bystrzyca Kłodzka, Lower Silesia. Vanstar is to develop a 14,000 sqm centre, and the opening is planned for the second half of 2027.
Retail & leisure
Poland Small towns see most retail development
Retail in Poland is becoming more decentralised according to the latest data from Cushman & Wakefield. All current new projects are retail parks in towns with populations of less than 50,000. In larger cities, expansions dominate.
Magazine
Edition 3 (306) March 2026
In select company
We are pleased to present the March issue of Eurobuild CEE, which – as is usual at this time of the year – will accompany us at the most important real estate get-together in Europ ...
Small talkThe warehouse market amid global shifts
Maciej Madejak, the founder and chief development officer of Polish warehouse developer MDC2, gives us his snapshot of the potential (and potential risks) of Poland's once unstoppa ...
Small talkFlexibility – the key to retail success
Anna Wysocka, the head of retail at CBRE in Poland, provides us with her analysis of the current state of the Polish retail real estate sector – including whether the retail park s ...
Small talkFlexibility and partnership
Ewa Dragunajtys, the head of asset management of Golden Star Estate, speaks to Eurobuild about the Kraków office leasing market - and how building relationships with clients is key ...
Small talkInvestment ready to restart
On the eve of MIPIM, Georg Blaschke, the CEE and Benelux head of real estate finance of Helaba, gives us his take on the state of the investment market in our region
FeaturePowering ahead
The signings of a number of Power Purchase (PPA) Agreements have recently made the headlines in the Polish property media. But what exactly are they? What problems do they solve? W ...
Podcasts
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headsetPoland versus the West
headsetWhat's on the horizon in Munich? Part II
headsetWhat's on the horizon in Munich?
headsetDamian Grzywacz and Bartosz Szumski on the development of The Form building
headsetJarosław Szanajca and Marcin Rams on the Kraków housing market
headsetMateusz Polkowski on the market transformation since Poland's EU accession
headsetSebastian Sołtys on the development plans of LPP Logistics
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Schedule 2026
25th Eurobuild Golf Tournament
2st EurobuildCEE Summer Tennis Tournament
3rd EurobuildCEE Running Tournament
THE 1st EUROBUILD ORIENTEERING RACE
10.Przejazd Garnitury na Rowery
The 22nd CEE Warehouse & Logistics Conference
Data Centers – Real Estate, Technology, Investments
32nd Polish Commercial Real Estate Market Conference
The 16th Central & Eastern Europe EurobuildCEE Awards 2026
Panelists
Categories
Architecture and urban planning
ULI releases New Urban Poland report
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
Plans created for Airport City around CPK
Świecie remodelled around castle
Construction
Poland underestimates Building site crime
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
Dekpol debuts in Romania with 20,000 sqm logistics park
Construction industry waiting to boom
Coronavirus
Vaccination centre provided by Globalworth
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Employers in no rush to return to workplaces
Catella sees hope and chances for real estate after Covid-19
Corporate social responsibility
Not only for horses
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Panattoni sticks to the fairway
Colliers ends operations in Russia, Belarus
E-commerce
This is the end
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 ...
Wildberries now growing in Ukraine
Wildberries growing in April
ESG
Outstanding for City Point Okęcie Logistics Park
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
Segro continues to certify
Setting out the direction for the real estate industry
Eurobuild Awards
All the winners of the EurobuildCEE Awards 2025!!
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 ...
The winners of the Eurobuild Awards 2024!
Call for nominations and jury members!
Eurobuild FM
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
Happy Easter!
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
Kazimierz Krupa takes the helm of Eurobuild magazine!
The March (MIPIM) issue of Eurobuild is now out!
Events
Geopolitics meets capital and energy
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
Bieg Na Szczyt this weekend
Last chance to register for Eurobuild Investment Conference
Exclusive
The French connection
With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the presiden ...
Compelling reasons to invest in Polish offices
Our plans are ambitious
Eye to eye
Eye to eye… with Władysław Grochowski
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.
Eye to eye… with Paweł Sapek
Eye to eye with… Daniel Bienias
For Ukraine
Nansen Refugee Award goes to Poland!
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 ...
Build Europe supports refugees and appeals to European Commission
Former Russian building to house Ukrainian refugees
Green projects
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 ...
Cromwell granted €66m green loan for Janki
Pad Res to build 2 PV farms in Pomerania
Hotels
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 ...
Hotel transactions boom
Mercure expands in Romania
Human resources
Leadership change at Nepi Rockcastle
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Change at the top for ULI Europe
ULI announces new chairs
Infrastructure
Hill International to work on Central Communication Port
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
Aviation to drive real estate investment
Budimex to build for CPK
Interior design
New food hall in Poznań
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
New look for Eurocentrum lobby
New look for Otis offices
Investment & finance
Retail investment up by 56 pct
The value of retail real estate transactions finalised by the end of March 2026 reached EUR 318 mln. This figure was almost 56 pct higher compared to ...
Q1 hits EUR 1 bln
Investment hits 1 bln over Q1
Land acquisitions
Panattoni enlarges its Swedish portfolio
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
CTP purchases land in Kragujevac
CTP secures major brownfield site
Material partner
SIMA – The Global Hub of Living
SIMA – The Global Hub of Living is the world’s leading investment fair and conference for the residential and living sector, offering a unique and com ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Local markets becoming segmented
After a record-breaking year in demand in 2025, tenant activity in Poland's regional office markets has temporarily slowed. The market is increasingly ...
PINK releases Q1 regional leasing figures
Swarovski stays in Garnizon
Property and Facility Management
JLL takes on Equal Business Park
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
Savills takes on two Warsaw buildings
Tensions in the gulf promote energy efficiency
Public buildings
A new look for central Warsaw
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
Oleśnica railway station restored
Warsaw Uni building underway
Residential
Kalter to build for Napollo
The Napollo Group has appointed Kalter as the general contractor for a residential project. In the first stage of the Mono estate, two buildings are t ...
Cornerstone laid for Liberty Tower
Sales begin for Eterna
Retail & leisure
LCP opens M Park Bogatynia
LCP Poland, part of M Core, has officially opened M Park Bogatynia, comprising over 8,100 sqm gla with 14 tenants. The centre is fully leased.
OTO Park Zduńska Wola to open H1 2027
Sekunda to open in Bystrzyca Kłodzka
Technology
Skanska installs NHIB in Studio A
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
Rentujemy to revolutionise the market
Velis has a new name
Warehouse & industrial
Lemontree to build again in Szczecin
LemonTree has launched construction work on Westside Szczecin NXT, its third complex in Szczecin. The centre will comprise 39,600 sqm of warehouse, se ...
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 ...
A good foundation from which to grow
A good foundation from which to grow
CBRE
Poland's role and the strength of its economy are increasingly visible in the European commercial real estate market. We have strengthened our leading position in Central and Easte ...
Zero-emission, zero-backup? The resilience gap in modern building standards
Zero-emission, zero-backup? The resilience gap in modern building standards
Independent Expert
As commercial buildings move rapidly toward full electrification, modern standards optimise for efficiency and emissions – but largely assume uninterrupted power supply. In C ...