Poland Żabka opens 8,000th store

Retail & leisure
Żabka has opened its 8,000th Polish convenience store.
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The new store in the town of Sieraków in the Wielkopolski region is the first to use artificial intelligence solutions in its store management. Next to the new store, a bicycle repair station has been set up and a bench where telephones can be charged with solar power has been placed.

Over 2021, we opened 1,100 stores and now our chain numbers 8,000, which together provide over 30,000 jobs. We are developing more intensely in towns of under 50,000 people, many of which, just like Sieraków, have never had a Żabka store before.
Adam Manikowski, the managing director of the Żabka chain

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Investment & finance

Poland Millions by the sea

schedule 19 February 2025
Opr./edited by JC

Panattoni has secured EUR 17.3 mln in financing from Santander for Panattoni Park Gdańsk City Airport. The project consists of two speculative distribution facilities.

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Poland IHG invests in urban micro-hotels

schedule 19 February 2025
Opr./edited by ANZ

IHG Hotels & Resorts acquires the Ruby hotel brand for an initial purchase price of EUR 110.5 mln, or approx. USD 115 mln. Ruby is the 20th brand in the IHG portfolio.

Office & mixed-use development

Poland Tenants expect sustainable solutions

schedule 19 February 2025
Opr./edited by JC

In the last quarter of 2024, Warsaw’s office market continued to experience stable occupier demand amid constrained new supply, reveals “At a Glance: Warsaw Office Market, Q4 2024”, a report from BNP Paribas Real Estate Poland.

Warehouse & industrial

Poland Volkswagen is loyal to Segro

schedule 19 February 2025
Opr./edited by JC

Segro has extended its lease agreement with Volkswagen Group Polska for over 32,000 sqm at Segro Logistics Park Poznań, Komorniki.

Investment & finance

Poland Office sale in Szczecin

schedule 18 February 2025
Opr./edited by JC

Blackstone has sold the Szczecin office building Piastów Office Center. The buyer is a joint venture of Bud Holdings and Investika Real Estate Fund.

Office & mixed-use development

Poland Cornerstone stays in High5ive

schedule 18 February 2025
Opr./edited by JC

Cornerstone OnDemand has decided to remain in Cracow’s High5ive complex. The company has extended the lease for over 1,500 sqm of space.

Office & mixed-use development

Poland Pegasystems stays at B4B for longer

schedule 18 February 2025
Opr./edited by ANZ

Pegasystems has extended its lease agreement at the Bonarka for Business office complex. The software development company leases a total of almost 4,000 sqm of office space in Building C and has been present in the complex since 2011.

Office & mixed-use development

Poland Developers exercise caution in new investments 

schedule 18 February 2025
Opr./edited by ANZ

According to the Axi Immo report ‘Office Market in Regional Cities’, which summarises the situation in the eight largest regional office markets in Poland, despite challenges in gross demand, stabilisation is still being observed. Decisions to start new investments are being made with great caution, and office building owners are focusing on improving the standard of the properties.

Office & mixed-use development

Poland Clyde & Co chooses The Form

schedule 18 February 2025
Opr./edited by ANZ

In May, the new headquarters of the global law firm Clyde & Co will open in The Form office building. The company's Warsaw office will occupy 1,100 sqm.

Investment & finance

Slovakia CPI Europe sells property portfolio in Bratislava

schedule 18 February 2025
Opr./edited by ANZ

CPI Europe Group has agreed to sell an office and retail complex in the Slovak capital to Wood & Company, thus taking another step in its strategic portfolio optimisation.

Warehouse & industrial

Poland Hillwood grows in Tri-City

schedule 17 February 2025
Opr./edited by JC

Hillwood has expanded its Polish portfolio with a logistics park spanning nearly 43,000 sqm in the eastern part of Gdańsk.

Warehouse & industrial

Czech Republic Low completions, rising vacancy

schedule 17 February 2025
Opr./edited by JC

According to the quarterly survey conducted by Colliers, the Q4 of 2024 did not bring any significant change to the Czech industrial and logistics real estate market.

Warehouse & industrial

Czech Republic CTP sparks development for Hitachi

schedule 17 February 2025
Opr./edited by JC

CTP has launched a development project for Hitachi Energy at CTPark Brno. Phase I of the high-voltage products factory will involve the construction of a 50,000 sqm facility.

Warehouse & industrial

Poland Delta expands in Silesia

schedule 14 February 2025
Opr./edited by JC

Delta Trans Group has decided to expand its leased space at the Hillwood Ruda Śląska complex by an approx. 9,300 sqm. The logistics operator will now use a total of 27,000 sqm.

Office & mixed-use development

Poland Coworking with a view

schedule 14 February 2025
Opr./edited by JC

AND2, the tallest building in Poznań, is gaining a new tenant. BeIN Offices will offer coworking space located on two storeys, with a view of the city skyline.

Retail & leisure

Poland At the height of luxury

schedule 13 February 2025
Opr./edited by JC

According to the latest report “At a Glance: Modern Retail Market in Poland, Q4 2024” from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015.

Office & mixed-use development

Hungary ARM chooses Millennium

schedule 13 February 2025
Opr./edited by JC

ARM Processors has chosen Millennium Gardens as its new office in Budapest. The company will occupy over 3,400 sqm of premium office space in the complex.

Office & mixed-use development

Romania Office market grows in Cluj-Napoca

schedule 13 February 2025
Opr./edited by JC

In 2024, nationwide, companies leased modern office space outside Bucharest with a total area of 63,024 sqm, including both new office space leases and contract renegotiations, according to an analysis conducted by Fortim Trusted Advisors.

Residential

Poland New PRS investment in Warsaw

schedule 12 February 2025
Opr./edited by JC

Matexi Polska has announced a new investment in Warsaw's PRS, aimed at meeting growing investor demand for bulk apartment purchases. The project will be located on Aleje Jerozolimskie.

Retail & leisure

Czech Republic Largest growth in the last 15 years 

schedule 12 February 2025
Opr./edited by ANZ

In 2024, nearly 80,000 sqm of new, modernized, or expanded retail parks were completed in the Czech Republic, now totaling 1.3 mln sqm of retail space – almost a third of the total retail space capacity on the market. 

Latest in Retail & leisure

schedule 13 February 2025

At the height of luxury

According to the latest report “At a Glance: Modern Retail Market in Poland, Q4 2024” from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015.

schedule 12 February 2025

Largest growth in the last 15 years 

In 2024, nearly 80,000 sqm of new, modernized, or expanded retail parks were completed in the Czech Republic, now totaling 1.3 mln sqm of retail space – almost a third of the total retail space capacity on the market. 

schedule 24 January 2025

New retail supply hits its highest in almost a decade

Cushman &Wakefield has summarised the situation on the Polish retail market. Over half a mln sqm of new retail space came on stream last year, marking the highest new supply level in Poland since 2015. This robust development activity occurred amid rising demand from new retailers and improving consumer sentiment which boosted retail sales.

schedule 07 January 2025

Record-breaking year for the Czech market

According to a survey by Cushman & Wakefield, which has been tracking new entries for 11 years, 47 brands entered the Czech market in 2024. This is the highest number of brands to enter the Czech market, compared to 40 brands in 2023. 

schedule 16 December 2024

Redkom plans Świderek in Otwock

A new retail park with a total area of 24,000 sqm is set to be developed in Otwock under the name Świderek. The investment will be led by Redkom Development.

schedule 13 December 2024

Empik revives the former Cepelia pavilion

Empik has opened a flagship store in the revitalised former Cepelia pavilion in the centre of Warsaw. Neglected for years, the modernist building has regained its former glory and once again impresses with its original appearance and modern interior.

schedule 12 December 2024

Trei opens its 40th retail park

Trei Real Estate Poland has opened its 40th Vendo Park. The investment was created in Wrocław and has 5,000 sqm. Vendo Park Wrocław is the first facility under this banner in the capital of Lower Silesia. The retail park was built on a plot of approx. 15,000 sqm.

schedule 02 December 2024

Biedronka comes to Moje Bielany

An 800 sqm Biedronka grocery store is to open on the ground floor of the Moje Bielany residential complex, which is being developed by CeMat A/S at ul. Wólczyńska 121 in Warsaw’s Bielany district.

schedule 29 November 2024

Jubilee M Park opens in Pionki

LCP Properties, part of the international M Core group, has officially opened M Park Pionki, the 50th retail park under the M Park brand in Poland. It is also the thirteenth M Park in the Mazovia region. 

schedule 29 November 2024

Antczak Group to build retail and service complex

A service and retail complex Panorama Park II is being built in Kościelna Wieś. At the end of November, the foundation stone ceremony for the building took place.

schedule 21 November 2024

One in seven square metres of retail space to be built in Poland

According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Europe in terms of new retail supply, surpassed only by France. 

schedule 21 November 2024

Polish retail market performs well

According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline of shopping centres in Poland have proven premature. In Q3 2024, the Polish retail market expanded by another 116,000 sqm. 

schedule 31 October 2024

Physical retail dominates

The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging period. The study includes responses from over 60 global retailers with a store network of over 130,000 locations, and shows that 71 pct of retailers planning to increase their number of physical stores intend to do so in markets where they are already present.

schedule 14 October 2024

Mitiska REIM opens Piteşti centre

Mitiska REIM has announced the opening of a new retail park in the Romanian city of Pitesti, one of four new development projects planned to open by Mitiska REIM in the Romanian market over the next two years.

schedule 27 September 2024

Wonder of Woolies in Słoneczna

German department store chain Woolworth has signed a lease agreement for almost 1,000 sqm in the Galeria Słoneczna shopping centre in Radom.

schedule 16 September 2024

Another field for Refield

Refield is starting the development of the first retail park in Środa Wielkopolska. Pasaż Średzki is expected to open in 2026.

schedule 09 September 2024

Smart Park sold to Newgate

Newgate Investment has acquired a completed retail park in Zgorzelec with over 5,400 sqm GLA. The seller was Smart Park Poland.

schedule 05 September 2024

One Gallery, one museum

One United Properties is carrying out restoration works on the former Ford Hall in Bucharest, which will be modernized into a mixed-use space. In addition to offices and a food market concept, One Gallery will feature a museum area, as well as a multifunctional hall.

schedule 04 September 2024

Giant welcomes first guests

San Park Piaseczno, a retail park developed by Ed San III Sancak, has been officially opened. The complex offers a total of more than 40 shops and service outlets.

schedule 29 August 2024

Shopping centres fuell the development activity

According to data from the Cushman & Wakefield Echinox, retail projects totalling more than 87,000 sqm were delivered throughout H1 2024, corresponding to a sharp increase when compared with the 30,000 sqm new supply from the same period of 2023. This year’s evolution was mainly fuelled by Q2 completions.

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Edition 1 (295) January 2025

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