LATVIA Eften buys four Riga buildings in largest deal to date

Investment & finance
Eften has agreed to acquire the office section of the Jaunā Teika multi-functional district in Riga for its Eften Real Estate Fund 4 from its developer Hanner for EUR 131 mln – its largest acquisition to date.
The Jaunā Teika residential and office campus, which is situated in the Vefresh ‘innovation district’, about 5 km northeast of the historic centre of Riga, has four office buildings, of which Ausma, Teodors and Henrihs were completed after 2016 and Valters in 2009. It contains 59,000 sqm gla and has 1,102 parking spaces (973 in two multi-storey car parks). Around 50 tenants are located in the buildings, including DNB Bank, BigBank, Intrum, Gjensidige, BTA, TietoEvry, Accenture, Teikums and
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Latest news

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.

Warehouse & industrial

Poland Warehouse Market Tightens

schedule 20 August 2026
Opr./edited by AH

Poland’s industrial and logistics market entered the second half of 2026 with demand rising and available space continuing to shrink. According to Cushman & Wakefield’s latest MarketBeat report, the vacancy rate fell to 6.6 pct in the second quarter, its lowest level since 2023. Tenants remained active in signing new leases during the first half of the year, while developers continued to take a cautious approach. The value of investment transactions in the logistics sector was also 13 pct higher than a year earlier.

Warehouse & industrial

Poland Reino IO Piotrków BTS completed

schedule 20 August 2026
Opr./edited by AH

Reino IO Logistics has completed Reino IO Piotrków BTS, a nearly 27,000 sqm cross-dock logistics centre in Piotrków Trybunalski, central Poland. The investor is the Polish Logistics platform, managed by Reino IO Logistics, while Kajima Poland was responsible for the design and general construction under a design-and-build contract.

Investment & finance

Poland Retail takes a third of Q2 investment

schedule 20 August 2026
Opr./edited by AH

Retail accounted for 36 pct of total commercial real estate investment in both Poland and Italy in Q2 2026, the highest share among the eight European markets reviewed in the latest Focus Estate Fund ‘Quarterly Litmus Paper’. The report points to sustained investor demand for retail parks and food-anchored assets, supported by low vacancy, resilient consumer spending and a constrained supply of high-quality space.

Construction

Romania Planning Code Set to Change Real Estate Market

schedule 20 August 2026
Opr./edited by AH

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.

Office & mixed-use development

Poland WSP takes 1,100 sqm at Skyliner II

schedule 19 August 2026
Opr./edited by AH

WSP Polska, a global engineering and consulting firm, has signed a lease with Karimpol Polska for 1,100 sqm of office space on the 12th floor of Skyliner II. The office will house WSP’s engineers and consultants specialising in building services, infrastructure, environmental services and sustainability.

Investment & finance

Poland Lett takes Gdańsk PRS portfolio to 646 units

schedule 19 August 2026
Opr./edited by AH

Cavare by Cavatina will develop a 310-unit PRS project in Gdańsk for Urban Partners’ Lett platform. Once completed, Palio D1 will operate as Lett Stocznia, bringing Lett’s portfolio at the Palio complex to 646 units.

Warehouse & industrial

Poland Poland’s Logistics Investment Market Posts Strong First Half

schedule 19 August 2026
Opr./edited by AH

Poland’s industrial and logistics investment market recorded EUR 782 mln in transactions in the first half of the year, across 18 deals. This was 36 pct above the five-year average and the sector’s third-highest first-half investment volume on record, after 2020 and 2021. The strong showing was driven by more than a return of large deals, however. Investors are increasingly prioritising long-term, predictable income, while sale-and-leaseback transactions are becoming an increasingly important way of bringing assets to market.

Office & mixed-use development

Poland Warsaw and Regional Office Markets Diverge

schedule 19 August 2026
Opr./edited by AH

Warsaw and Poland’s regional office markets are increasingly moving in different directions. In the capital, strong demand and limited availability of prime space are leaving tenants with fewer options, while greater availability in the regional cities gives companies more freedom to relocate.

Retail & leisure

Poland EV Charging Hub Opens at Manufaktura

schedule 19 August 2026
Opr./edited by AH

Manufaktura in Łódź has opened a new ultra-fast EV charging hub in partnership with Eleport, adding eight new chargers to the complex’s existing charging facilities.

Warehouse & industrial

Poland Poland’s Warehouse Demand Hits 2022 High

schedule 19 August 2026
Opr./edited by AH

Poland’s industrial and logistics market entered 2026 with a marked increase in tenant activity. In the first half of the year, demand reached its highest level since 2022, while the vacancy rate fell to its lowest level in more than three years. At the same time, Poland’s total modern warehouse stock approached 37.5 mln sqm, reinforcing the country’s position as the most developed logistics market in Central and Eastern Europe.

Office & mixed-use development

Polska Signum Work Station Earns ActiveScore Platinum

schedule 19 August 2026
Opr./edited by AH

Signum Work Station office building on ul. Domaniewska in Warsaw’s Mokotów district has received ActiveScore Platinum certification. The certification recognises the building’s comprehensive facilities and amenities for cycling and other forms of active mobility.

Retail & leisure

Romania Romania’s Retail Market Grows

schedule 19 August 2026
Opr./edited by AH

Romania’s consumer spending continued to support the expansion of the retail sector in 2025 despite persistent inflationary pressures. The 125 major retailers analysed generated more than EUR 42 bln in sales during the year, representing a 5.6 pct increase compared with 2024 and a 77 pct increase compared with 2019, according to the 'Romania Retail Snapshot 2026', published by real estate consultancy Cushman & Wakefield Echinox. The study is based on the financial results of companies operating across 13 retail segments.

Residential

Poland Splot Wola nears completion

schedule 18 August 2026
Opr./edited by AH

Matexi Polska is entering the final stage of its Splot Wola residential development at ul. Sowińskiego 28 in Warsaw, with more than 75 pct of the apartments already sold. Construction is also nearing completion, with work scheduled to finish in Q3 2026. The occupancy permit is expected to follow, with apartment handovers planned for Q4.

Investment & finance

Poland EPP takes EUR 106 mln in financing

schedule 18 August 2026
Opr./edited by AH

EPP has completed the EUR 106 mln refinancing of four M1 shopping centres in Bytom, Częstochowa, Poznań and Radom. The refinancing supports the company’s efforts to optimise its capital structure. Absa Corporate and Investment Banking and Nedbank Corporate and Investment Banking (Nedbank CIB) provided the financing in equal shares.

Warehouse & industrial

Poland Mitgar Port Operation takes up 7,500 sqm in CTPark Gdańsk Port

schedule 18 August 2026
Opr./edited by AH

Mitgar Port Operation, one of the leading logistics providers to the automotive sector, has leased more than 7,500 sqm of modern warehouse space inCTPark Gdańsk Port. Querco Property advised Mitgar Port Operation on the transaction.

Office & mixed-use development

Poland Tenants still active but few new buildings

schedule 18 August 2026
Opr./edited by AH

Office take-up across Poland’s regional markets totalled 310,000 sqm in the first half of 2026, down 21 pct year on year. At the same time, net demand increased, new supply remained limited and tenants increasingly focused on the highest-quality office space. These are the key findings of Axi Immo’s latest report, 'Regional Office Market: H1 2026', covering the country’s major office markets outside Warsaw.

Latest in Investment & finance

schedule 20 August 2026

Retail takes a third of Q2 investment

Retail accounted for 36 pct of total commercial real estate investment in both Poland and Italy in Q2 2026, the highest share among the eight European markets reviewed in the latest Focus Estate Fund ‘Quarterly Litmus Paper’. The report points to sustained investor demand for retail parks and food-anchored assets, supported by low vacancy, resilient consumer spending and a constrained supply of high-quality space.

schedule 19 August 2026

Lett takes Gdańsk PRS portfolio to 646 units

Cavare by Cavatina will develop a 310-unit PRS project in Gdańsk for Urban Partners’ Lett platform. Once completed, Palio D1 will operate as Lett Stocznia, bringing Lett’s portfolio at the Palio complex to 646 units.

schedule 18 August 2026

EPP takes EUR 106 mln in financing

EPP has completed the EUR 106 mln refinancing of four M1 shopping centres in Bytom, Częstochowa, Poznań and Radom. The refinancing supports the company’s efforts to optimise its capital structure. Absa Corporate and Investment Banking and Nedbank Corporate and Investment Banking (Nedbank CIB) provided the financing in equal shares.

schedule 18 August 2026

Horizon City wins financing

Horizon City, a residential being project developed by British investor Ghai Sant Ram in northern Bucharest, has secured EUR 36.5 mln in financing from Libra Internet Bank. The funds will be used to continue and accelerate construction works, with full project completion targeted for the first half of 2027, six months earlier than initially announced.

schedule 17 August 2026

Polish office investment market sees strong first-half recovery

The first half of 2026 saw a clear recovery in investment activity on Poland’s office market. Total transaction volume reached around EUR 594 mln, up 38 pct year-on-year.

schedule 17 August 2026

City centre site up for sale in Reda

Nine plots totalling 4.4 ha are being put up for auction, with the site offering an opportunity to create Reda’s first city centre.

schedule 17 August 2026

PSN buys Botanická office building

PSN has completed the acquisition of an office building at Botanická 56 in the Brno-Veveří district.  Existing tenancy agreements will remain unchanged, with Aquatis, part of the industrial group Safichem Group, continuing as a key tenant.

schedule 14 August 2026

Van der Vorm launches real estate bridge financing business

Dutch real estate group Van der Vorm is expanding into a new business line in Poland focused on asset-backed real estate financing. The group's first transaction of this kind on the Polish market was a bridge loan of approximately PLN 13 mln granted to a real estate developer. KWKR advised Van der Vorm on the structuring and closing of the transaction.

schedule 13 August 2026

NEPI Rockcastle expands beyond CEE

NEPI Rockcastle has acquired MegaPark Barakaldo — one of northern Spain's leading shopping and leisure destinations — from Le Retail Hiper Ondara, part of HLRE Socimi, for EUR 252 mln net.  The deal marks NEPI Rockcastle's entry into Spain and its first investment outside Central and Eastern Europe.

schedule 13 August 2026

EBRD lends NEPI Rockcastle EUR 250 mln

The European Bank for Reconstruction and Development (EBRD) is providing a EUR 250 mln green loan to NE Property BV, a subsidiary of NEPI Rockcastle, to finance sustainable real estate investments across Central, Southern and Eastern Europe.

schedule 13 August 2026

Trade Estates buys into Sofia South RIng Mall

Greek-based real estate investor Trade Estates is to acquire a 50 pct stake in Sofia South Ring Mall from Fourlis Holdings for EUR 49.35 mln. 

schedule 10 August 2026

Capital flows back into Poland

More than EUR 3 bln was invested in Polish commercial real estate in H1 2026, largely driven by the return of major institutional investors – according to BNP Paribas Real Estate Poland.

schedule 06 August 2026

PLN 52 bln developed, but supply not keeping up with demand

July saw a shift in the supply-demand ratio across Poland’s seven largest housing markets. The pool of available developer units fell below the 60,000 threshold, and sales increased by 12 pct y-o-y, while the number of new projects declined significantly.

schedule 04 August 2026

Apsys goes shopping for 3 Stawy

Apsys has completed the acquisition of the 3 Stawy shopping centre in Katowice. The 38,600 sqm gla mall was acquired from a fund managed by Union Investment.

schedule 03 August 2026

CEE real estate investment goes steadily upward

The momentum of the Central and Eastern Europe commercial real estate market picked up markedly in the first half of 2026, according to Colliers' CEE Investment Scene H1 2026' report. Total investment volume across the CEE-6 markets reached EUR 5.8 bln - up from EUR 5.4 bln a year earlier, confirming that capital is returning to the region however in a more selective and disciplined way than in previous cycles.

schedule 03 August 2026

Savills takes over Eastdil

Savills has completed its acquisition of global real estate investment bank Eastdil Secured for app. GBP 827 mln. The bank will now act as Savills Group's real estate investment bank and has already been rebranded as Eastdil Secured Savills.

schedule 03 August 2026

BIG Poland adds Grodzisk Sfera Park to portfolio

BIG Poland has acquired Grodzisk Sfera Park in Grodzisk Mazowiecki from Belgian developer GHRE for an undisclosed sum.

schedule 03 August 2026

Appeninn buys Dekada portfolio for €100m

Hungarian real estate investor Appeninn Asset Management Holding has completed the acquisition of eleven Dekada retail centres across Poland for more than EUR 100 mln.

schedule 31 July 2026

WING completes acquisition of Olympia

WING has completed the acquisition of the Olympia project from Atenor. The 7.4 ha site comprises a fully operational office building, a shell-and-core building, and additional development plots in a well-connected location. Reflecting changing market demand, Wing is preparing to reposition the project as a mixed-use development, combining the existing office building with more than 500 new homes, alongside retail and service amenities.

schedule 30 July 2026

Investment activity regains momentum across the region

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 bln in the first half of 2026, marking a significant improvement on recent years and confirming that investor confidence is returning to the region. However, this is not a broad-based recovery. Capital is flowing selectively towards assets offering resilient income, strong ESG performance and long-term relevance in a changing economic environment.

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Edition 6 (308) June 2026

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