Hotels prepare for recovery

Hotels
Most owners and operators expect a rebound in the hotel sector in European capitals over 2023-2024, according to Cushman and Wakefield.
According to 70 pct of those surveyed, smaller regional cities, driven by domestic demand, should recover faster than the capitals. In Poland, the coronavirus pandemic hit the hospitality industry with full force in March 2020. Many group- and individual-bookings and conferences were cancelled in the last week of February. To minimise their losses, hotel managers and operators took numerous steps to reduce their costs. As staff salaries are the main hotel operating cost they were also the fir
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Latest news

Warehouse & industrial

Poland Elanders Polska takes nearly 5,600 sqm at Hillwood Wrocław East

schedule 24 August 2026
Opr./edited by AH

Elanders Polska has taken nearly 5,600 sqm at Hillwood Wrocław East in Dobrzykowice, just outside Wrocław. The deal covers more than 5,000 sqm of warehouse space and around 600 sqm of offices. Only one 4,200 sqm unit remains available at the park.

Warehouse & industrial

Poland Tight supply leaves tenants competing for warehouse space

schedule 24 August 2026
Opr./edited by AH

Poland’s overall warehouse vacancy rate is around 7 pct, but large, well-located warehouse space is becoming much harder to find. Companies looking for more than 15,000 sqm are increasingly competing for the same buildings. According to SQM Advisory, the squeeze is no longer confined to the very largest warehouses; availability of mid-sized units is also tightening.

Warehouse & industrial

Poland Warehouse market picks up as tenants expand

schedule 24 August 2026
Opr./edited by AH

Poland’s warehouse market picked up noticeably in the first half of 2026 after a year dominated by lease renegotiations. New leases and expansions made up 60 pct of tenant activity, while cautious development kept new supply in check. The vacancy rate fell from 7.1 pct at the end of March to 6.3 pct at the end of June, according to JLL.

Office & mixed-use development

Poland Wrocław office market sees weaker tenant activity in H1 2026

schedule 24 August 2026
Opr./edited by AH

Tenant activity slowed in Wrocław in the first half of 2026. Two office projects were completed in the first quarter, leaving no buildings under construction. The vacancy rate also edged down. However, with around 295,000 sqm of space available for immediate occupation, it will take time for the market to rebalance, according to Newmark Polska’s 'Office Occupier – Wrocław Office Market' report.

Residential

Poland Flora Development receives occupancy permit for Esy Floresy

schedule 24 August 2026
Opr./edited by AH

Flora Development has received an occupancy permit for Esy Floresy, its residential project at ul. Cybernetyki 7 in Warsaw’s Mokotów district. The development comprises 213 apartments across two buildings, with apartment handovers beginning in August. The developer is also preparing its next residential project and seeking further development opportunities in Warsaw.

Property and Facility Management

Poland ISS takes over technical management of Axis in Kraków

schedule 24 August 2026
Opr./edited by AH

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 technical services across the 20,000 sqm building at ul. Przy Rondzie 4, beside the Mogilskie roundabout.

Warehouse & industrial

Poland Warehouse demand strengthens as availability tightens in Poland

schedule 24 August 2026
Opr./edited by AH

Poland’s warehouse market gained momentum in the first half of 2026 as occupier demand picked up while the development pipeline continued to shrink. Gross take-up rose 21 pct year on year, while net take-up – covering new leases and expansions – jumped 58 pct to more than 2.1 mln sqm. The vacancy rate fell to 6.3 pct and space under construction dropped to its lowest level in more than nine years. According to Axi Immo, the combination of strong demand and limited new supply could stimulate rent rises in many markets.

Investment & finance

Poland Henley sells Poznań shopping centre Galeria Pestka

schedule 24 August 2026
Opr./edited by AH

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.

Human resources

Poland Ghelamco reshuffles management team in Poland

schedule 21 August 2026
Opr./edited by AH

Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as part of the company’s new management team.

Public buildings

Czech Republic Construction begins on emergency care unit at Prague’s Thomayer University Hospital

schedule 21 August 2026
Opr./edited by AH

Construction has begun on a new emergency care unit at Thomayer University Hospital in Prague, officially launched by Prime Minister Andrej Babiš and Health Minister Adam Vojtěch. The CZK 2.2 billion project is one of the hospital’s largest investments and forms part of the Czech government’s strategic healthcare infrastructure programme.

Office & mixed-use development

Poland Drutex to invest PLN 30 mln in headquarters expansion

schedule 21 August 2026
Opr./edited by AH

Drutex has begun the second phase of an expansion of its headquarters in Bytów, northern Poland. The PLN 30 mln project will refurbish its existing office building and connect it to the rest of the complex, which was completed last year. Allcon has been appointed as the general contractor.

Warehouse & industrial

Poland Poland’s warehouse market looks beyond space

schedule 21 August 2026
Opr./edited by AH

Poland’s modern warehouse and industrial stock has reached 37.44 mln sqm. Demand rose by 47 pct year on year in the first quarter of 2026. At the same time, companies are raising their expectations of what such facilities should offer. Floor space and location remain important, but so do flexibility, automation and the potential for future expansion.

Retail & leisure

Poland Retail investment picks up

schedule 21 August 2026
Opr./edited by AH

Poland’s retail property market saw a clear revival in the first half of 2026. Transaction volumes topped EUR 1 bln, surpassing the total recorded for the whole of 2025. Retail accounted for around one-third of all commercial real estate investment.

Retail & leisure

Poland Power Park Kielce rebrands as BIG Kielce

schedule 21 August 2026
Opr./edited by AH

Power Park Kielce is being rebranded as BIG Kielce. From August 22nd, the retail park on ul. Radomska will operate under the BIG brand. BIG Poland acquired the property in April.

Residential

Poland SGI completes penultimate stage of Łopuszańska 47

schedule 21 August 2026
Opr./edited by AH

SGI has completed the penultimate building at its Łopuszańska 47 residential development in Warsaw’s Włochy district. Handover of the 87 apartments has now begun. Launched in 2022, the development will eventually comprise four buildings with more than 400 apartments.

Warehouse & industrial

Romania Chorus enters CTPark Bucharest North

schedule 21 August 2026
Opr./edited by AH

Electrical engineering firm Chorus Research Engineering Distribution has leased nearly 10,000 sqm of warehouse space at CTPark Bucharest North.

Construction

Poland Polish housing market slows as projects put on hold

schedule 20 August 2026
Opr./edited by AH

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.

Residential

Poland Resi4Rent completes 620-unit PRS development in Wrocław

schedule 20 August 2026
Opr./edited by AH

Resi4Rent has completed a 620-unit PRS development at ul. Bardzka in south-eastern Wrocław. The development is located between the Huby and Tarnogaj districts.

Residential

Poland Atal adds 31 apartments to the Kraków residential market

schedule 20 August 2026
Opr./edited by AH

Atal has added 31 apartments to the Kraków residential market as part of its Zakole Wisły II project. The development is located near ul. Nowohucka. Prices range from PLN 14,100 to PLN 16,900 per sqm before interior finishing.

Warehouse & industrial

Poland 7R signs 6,500 sqm lease with Berner Polska in Kraków

schedule 20 August 2026
Opr./edited by AH

7R has signed a long-term lease with Berner Polska for nearly 6,500 sqm at its 7R Hub Nowa Huta logistics and technology development in Kraków.

Latest in Hotels

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.

schedule 17 March 2026

Hotel transactions boom

The Czech hotel market is building on an exceptionally strong year in 2025, marked by a significant increase in transaction volumes and investor interest. According to Cushman & Wakefield, a total of 16 hotels were sold in the Czech Republic, representing 2,989 rooms and a total transaction volume of EUR 764 mln. Based on available data, this represents the highest annual transaction volume ever recorded on the Czech hotel market.

schedule 12 March 2026

Mercure expands in Romania

Mercure has signed a contract to develop a hotel in Craiova and has also announced it is to open the Mercure Oradea hotel.

schedule 27 February 2026

Lithuanians construct hotel in Gdańsk

Construction work on a hotel has been launched in the Wrzeszcz district of Gdańsk. Lithuanian 1 Asset Management is the investor and the developer is the Gdańsk-based Upside Property.

schedule 25 February 2026

ibis Styles open in Tbilisi

ibis Styles has announced the opening of the ibis Styles Tbilisi Mziuri Park in one of the city's greenest districts, next to the historic Wine Factory district and Chavchavadze Avenue. 

schedule 05 February 2026

Mercure opens in Bucharest

Mercure, a brand owned by the Accor Group, has opened the Mercure Bucharest Cantemir in the centre of the city. The brand is also planning to debut in Oradea as well as in Khiva in Uzbekistan in 2026.

schedule 15 January 2026

Swissôtel opens in The Czech Republic

The Swissôtel chain has announced the opening of its first hotel in the Czech Republic in the spa town of Mariánské Lázně.

schedule 22 December 2025

AC Hotels to open in Port Praski

The façade of the Minter townhouse, in the Port Praski development in Warsaw, has been unveiled, restoring its Art Nouveau style.

schedule 18 December 2025

New look for Novotel Praha Wenceslas Square

The comprehensive renovation of the Novotel Praha Wenceslas Square has been completed. The work included 146 guestrooms, the lobby, the fitness centre, the swimming pool, the wellness area, and the conference room.

schedule 12 November 2025

Tourism set to boom around the Med

According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last year, according to the latest EMEA Hospitality report published by Colliers.

Read flipbook version

Edition 6 (308) June 2026

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