POLAND Budimex on the Waterfront

Construction
Vastint Poland has awarded Budimex with the general contracting services for the initial part of the second phase of its Waterfront development in Gdynia.
The project, which will be built on ul. Hryniewickiego close to Skwer Kościuszko Square, is to comprise four buildings totalling ​​45,000 sqm including underground car parks. The work is to start in May of this year, with its completion scheduled in 2023. The first phase of the Waterfront, which came into use in 2015, included two buildings with office and hotel functions located directly on the Nadbrzeze Prezydenta waterfront. The existing buildings will eventually be supplemented with an
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Latest news

Office & mixed-use development

Rumunia Inwestycje w nieruchomości komercyjne w Rumunii wzrosły o 19 proc.

schedule 12 October 2026
Opr./edited by AH

W ciągu pierwszych dziewięciu miesięcy 2026 roku inwestorzy wydali w Rumunii 679,9 mln EUR na zakup biurowców, obiektów handlowych, magazynów i hoteli. To o 19 proc. więcej niż wyniosła wartość transakcji w całym 2025 roku. W samym trzecim kwartale sfinalizowano transakcje o wartości około 375 mln EUR – wynika z analizy Fortim Trusted Advisors, członka BNP Paribas Real Estate Alliance.

Hotels

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

schedule 12 October 2026
Opr./edited by AH

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.

Office & mixed-use development

Poland Central Poland’s warehouse market grows beyond Łódź

schedule 12 October 2026
Opr./edited by AH

Central Poland has nearly 5.2 mln sqm of warehouse space, with a further 160,000 sqm under construction, according to Newmark Polska. While Łódź remains the region’s main economic centre, developers are increasingly building in nearby towns such as Stryków, Piotrków Trybunalski, Zgierz and Łowicz, where land is more readily available and rents and labour costs are lower.

Residential

Poland Warsaw’s Kamionek district attracts new residential investment

schedule 12 October 2026
Opr./edited by AH

Kamionek, in Warsaw’s Praga-Południe district, is transforming from an industrial area into a modern urban neighbourhood. Infrastructure upgrades, cultural projects and the planned M3 metro line are strengthening its residential appeal. Grupo Lar Polska and Galio Group are responding with Symfonia Praga, a residential development at ul. Owsiana 11.

Retail & leisure

Poland Aurum Optics opens its 27th store in Poland at Manufaktura

schedule 12 October 2026
Opr./edited by AH

Aurum Optics has opened its 27th store in Poland at Manufaktura shopping and leisure centre in Łódź. The new outlet combines eyewear from leading international brands with professional eye examinations and personalised optometric advice.

Residential

Czech Republic YIT Czechia to build 73 apartments in Prague’s Kamýk district

schedule 12 October 2026
Opr./edited by AH

YIT Czechia is developing Kattila Kamýk in Prague 12. The 10-storey building, located at the intersection of Imrychova and Těšíkova streets, will comprise 73 apartments ranging from 30 to 100 sqm. Completion is scheduled for autumn 2028.

Residential

Poland Górskiego rated Very Good

schedule 12 October 2026
Opr./edited by AH

Zeitgeist Asset Management has achieved a BREEAM In-Use ‘Very Good’ certification for its Home by Zeitgeist Górskiego residential rental development in Oliwa, Gdańsk. It is the first PRS (private rented sector) project in the company’s Polish portfolio to undergo certification designed specifically for buildings already in operation.

Exclusive

Poland Leading the renaissance of local investors

schedule 12 October 2026
Nathan North
managing editor (English section)

One of the more interesting Polish property investors to emerge on the local scene in recent years is Syrena Real Estate. This year, it added the Renaissance building in central Warsaw to its increasingly impressive and diverse portfolio. In our latest exclusive, we ask Witold Zatoński Kotomski, the founding partner of the company, about its plans for the historic property and where it’s planning to invest next.

Investment & finance

Romania Commercial property investment hits EUR 680 mln

schedule 12 October 2026
Opr./edited by AH

Romania’s commercial real estate investment market recorded EUR 679.9 mln in transactions involving office buildings, retail properties, logistics assets and hotels between January and September 2026, exceeding the total investment volume for the whole of 2025 by 19 pct. Approximately EUR 375 mln was transacted in the third quarter alone, according to an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

Retail & leisure

Czech Republic Xtreme Fitness Gyms Opens First Club in the Czech Republic

schedule 12 October 2026
Opr./edited by AH

Polish fitness chain Xtreme Fitness Gyms is expanding internationally. On 15 October, the brand will open its first club outside Poland in Opava, Czech Republic. The launch comes as the network reaches 200 clubs in its home market.

Retail & leisure

Poland Bricomarché opens new store in Włoszczowa

schedule 09 October 2026
Opr./edited by AH

Bricomarché opened a new store in Włoszczowa, Poland, on 7 October. Located at 47 Czarnieckiego Street, the store offers around 23,000 products for home and garden and has created 20 jobs.

Office & mixed-use development

Polska Knight Frank to lease VINCI Office Center in Kraków

schedule 09 October 2026
Opr./edited by AH

Knight Frank has been appointed exclusive leasing agent for VINCI Office Center at 100 Opolska Street in Kraków. The building, owned by Sharow Capital, offers around 21,000 sqm of office space.

Warehouse & industrial

Polska Zalando rolls out AI-powered returns

schedule 09 October 2026
Opr./edited by AH

Sereact, Zalando and CEVA Logistics have introduced AI-powered robots to process returns at logistics centres in Świebodzin, Poland, and Greven, Germany. The robots identify, pick up and sort returned fashion items, taking over repetitive tasks and easing the physical workload for warehouse staff.

Warehouse & industrial

Polska Hillwood expands Grodzisk Mazowiecki park

schedule 09 October 2026
Opr./edited by AH

Hillwood Polska has started construction of a second warehouse at its logistics park in Chlebnia, near Warsaw. The new building will offer more than 36,000 sqm of warehouse and office space, bringing the park’s total area to nearly 88,000 sqm once all phases are complete.

Warehouse & industrial

Poland Danfoss opens factory near Gdańsk

schedule 09 October 2026
Opr./edited by AH

Danfoss has opened a new 22,500 sqm factory in Tuchom, near Gdańsk, expanding its manufacturing capacity in Poland to meet growing demand for energy-efficient solutions in district heating, cooling and data centres.

Investment & finance

Poland WING and Griffin seek to take Echo Investment private

schedule 09 October 2026
Opr./edited by AH

Lisala, owned by Hungarian property group WING and Griffin Capital Partners, plans to acquire the remaining 37.63 pct of Polish developer Echo Investment through a tender offer priced at PLN 5.20 per share. If successful, the transaction would give Lisala full ownership of the listed company and could pave the way for its delisting from the Warsaw Stock Exchange.

Investment & finance

Europe DWS to acquire Peakside Capital Advisors

schedule 09 October 2026
Opr./edited by AH

DWS, a global asset manager, has agreed to acquire 100 pct of Peakside Capital Advisors AG, a real estate investment manager with more than EUR 1.7 bln in assets under management across Germany and Central and Eastern Europe. The deal is expected to close by the end of 2026, subject to regulatory approvals. Financial terms were not disclosed.

Retail & leisure

Poland BIG Poland to open BIG Olkusz retail park on October 22

schedule 08 October 2026
Opr./edited by AH

BIG Poland will open BIG Olkusz retail park on October 22. The 13,500 sqm GLA project was developed in cooperation with BOIG The Blue Ocean Investment Group. Following the opening, BIG Poland will have 14 operating retail parks with a combined leasable area of approximately 271,500 sqm.

Warehouse & industrial

Poland Peakside completes construction of Hall D at City Point Targówek

schedule 08 October 2026
Opr./edited by AH

Peakside Capital Advisors has completed construction of Hall D at the City Point Targówek complex in Warsaw and secured an occupancy permit. The building offers 17,000 sqm of space and is fully leased. Construction is also underway on another SBU hall, which will provide more than 12,400 sqm of warehouse, production and service space.

Residential

Polska Yareal starts construction of apartment building in Warsaw’s Żoliborz district

schedule 08 October 2026
Opr./edited by AH

Yareal has started construction of an apartment building at ul. Mickiewicza 63 in Warsaw’s Żoliborz district. The intimate development will comprise 66 apartments, while more than one-third of the site will be occupied by a garden sheltered from the street. CFE Polska is the project’s general contractor.

Latest in Construction

schedule 08 October 2026

Dekpol Budownictwo strengthens its position in the public-sector construction market

Public-sector construction has become one of the fastest-growing areas of Dekpol Budownictwo’s business. Over the past two years, the company has signed general contracting agreements for projects spanning culture, education, sport, public safety and social policy, with a combined value exceeding PLN 1 billion. Its portfolio includes projects across Poland as well as the construction of the new Polish Antarctic Station on King George Island.

schedule 08 October 2026

Topping-out ceremony held at new primary school in Biedrusko

A traditional topping-out ceremony has been held at the construction site of the new primary school in Biedrusko. The project on Chludowska Street, being developed by Dekpol Budownictwo, has reached another key milestone. According to Suchy Las municipality, it is the largest educational investment in its history. The new school will accommodate up to 600 pupils.

schedule 25 September 2026

Mirbud wins PLN 168 mln contract for Warsaw sports hall

Mirbud has signed a contract with Warsaw University of Technology to build a sports and events hall next to the Syrenka Stadium in Warsaw. The design-and-build contract is worth more than PLN 168 mln.

schedule 23 September 2026

Budimex to build archive for Adam Mickiewicz University

Budimex has signed a contract with Adam Mickiewicz University in Poznań to design and build a new university archive. The contract is worth more than PLN 26.4 million net, with the project scheduled for completion within 18 months.

schedule 21 September 2026

Budimex to rebuild the I/43 Road

Budimex has begun reconstructing a more than 2-kilometre section of the I/43 road near Černá Hora in the Czech Republic. The CZK 250.2 mln contract (EUR 10.3 mln) covers the construction of a new road and two bridges.

schedule 18 September 2026

Budimex to complete Bydgoszcz hospital expansion

Budimex will complete the expansion of Dr Jan Biziel University Hospital No. 2 in Bydgoszcz. The contract is worth nearly PLN 211 mln gross.

schedule 18 September 2026

Berger Bau to modernise Wrocław police headquarters

Berger Bau has signed a contract to modernise the Lower Silesian Police headquarters in Wrocław. The PLN 24 mln project is scheduled for completion within 28 months.

schedule 01 September 2026

Polish construction sector faces growing labour shortage

Poland’s construction sector is facing increasing labour shortages, with the industry short of around 150,000 workers. Turnover among engineers has reached 42 pct, according to Randstad’s latest report, 'Labour Market in the Construction Sector: Trends, Challenges and Recruitment Strategies for 2026'. Demographic changes, rising employee expectations and the sector’s shift towards Construction 4.0 are adding to the pressure.

schedule 31 August 2026

Carbon Counts in Construction

Cost remains a decisive factor in construction tenders, but investors are increasingly looking beyond the upfront price. For production facilities and warehouses, factors such as delivery time and technical specifications are now being considered alongside a building’s carbon footprint over its entire life cycle.

schedule 28 August 2026

Polish construction sector under pressure

Construction material prices are rising significantly more slowly than inflation, with prices in some categories even falling. Despite this, the situation for construction companies remains challenging. The number of corporate insolvencies in the sector rose by 31.3 pct year on year, while the number of restructuring proceedings almost doubled. Weaker demand, high labour costs and pressure on liquidity are among the main challenges facing the industry.

schedule 20 August 2026

Polish housing market slows as projects put on hold

Poland’s residential construction market is slowing, with 936 projects put on hold over the past year. Yet investors continue to prepare new projects, with activity in planning and design on the rise. According to Kompas Inwestycji, 1,219 projects reached the foundation stage or moved into construction between August 2025 and July 2026.

schedule 20 August 2026

Planning Code Set to Change Real Estate Market

The Territorial Planning, Urbanism and Construction Code (CATUC) is expected to have a significant impact on Romania’s real estate market. Two measures are likely to be particularly important: tighter limits on how much can be built on a site and a new infrastructure payment, the cost of which has yet to be determined, according to Crosspoint Real Estate.

schedule 14 August 2026

Tunnel boring soon to begin

Work is progressing on the High-Speed Rail (KDP) tunnel in Łódź, part of the Port Polska project. At the launch chamber in Retkinia, the concrete support for the Tunnel Boring Machine (TBM) shield has been completed, while the first components of the machine are being assembled on site. Tunnelling on one of Poland’s most important underground railway projects is due to begin in 2027.

schedule 12 August 2026

Budimex begins earthworks on Poland's first nuclear power plant

The construction of Poland’s first nuclear power plant has reached an important milestone. Bechtel, the project’s general contractor, is taking over management of the construction site from Polskie Elektrownie Jądrowe (PEJ). At the same time, Budimex, one of Poland’s largest construction companies, has begun the earthworks.

schedule 23 June 2026

Budimex wins foundational contract for CPK

Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massive Port of Poland (or CPK) transport hub, which is being developed between Warsaw and Łódź.

schedule 19 June 2026

Work progresses on Henryk Arctowski Antarctic Station

A significant stage in the assembly of the new main building of the Henryk Arctowski Antarctic Station has been completed.

schedule 12 June 2026

Poland heading for a two-tier market

The value of the 960 largest construction projects in Poland is already more than PLN 1 tln and continues to rise, driven by a wave of infrastructure and energy megaprojects.

schedule 14 April 2026

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 figure is much lower at only 36 pct.

schedule 16 January 2026

Dekpol debuts in Romania with 20,000 sqm logistics park

Dekpol Budownictwo is eentering Romania. In December 2025, the company signed an agreement with a developer to carry out design work for the first stage of a 20,000 sqm logistics park in Bucharest.

schedule 10 December 2025

Construction industry waiting to boom

According to the report 'Polish Construction Companies 2025' prepared by Deloitte, the construction industry continues to play a major role in Poland’s GDP. Its overall condition directly influences national infrastructure development and the real estate market.

Read flipbook version

Edition 10 (310) October 2026

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