YIT and Autodesk pull out of Russia

For Ukraine
Finnish construction group YIT has announced that it is pulling out of Russia, while Autodesk, a producer of software for the construction and engineering industries, is also withdrawing from the country.
The Russian military attack has led to great human distress and suffering in Ukraine and our sympathy is with the Ukrainian people. We are deeply shocked by these recent events. The situation in Ukraine has sped up the review of our Russian operations, which we initiated last November.Markku Moilanen, the president and CEO of YIT YIT’s Russian residential division generated EUR 204 mln in revenue in 2021, representing 7 pct of the group’s total income for the year. The company h
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Latest news

Office & mixed-use development

Poland Running out of space

schedule 04 February 2026
Opr./edited by AH

At the end of Q4 2025, the total stock of modern office space in Poland's eight main regional markets reached 6.72 mln sqm, according to the latest data from CBRE. The availability of vacant offices has decreased in most cities.

Residential

Poland Roma given the go-ahead

schedule 04 February 2026
Opr./edited by AH

The Roma Tower apartment building project has received a final building permit. The 170m building is to be built in the centre of Warsaw. Preparations for the project have been underway since 2017, when the local development plan for the ul. Poznańska area was adopted.

Investment & finance

Poland Taifun to become university building

schedule 04 February 2026
Opr./edited by AH

Indotek Group has sold the Taifun office building in Warsaw to Lazarski University. The building will house teaching facilities for the country's first private dental studies course.

Warehouse & industrial

Poland Iglotex comes to P3 Błonie

schedule 04 February 2026
Opr./edited by AH

P3 Logistic Parks has signed a lease agreement with Iglotex, one of Poland’s leading producers and distributors of frozen food. The company has leased 9,260 sqm of space in P3 Błonie.

Events

Poland Register now for bieg na szczyt

schedule 03 February 2026
Opr./edited by AH

On March 28th, the fourteenth Bieg na Szczyt is to be held at the Rondo 1 office building in Warsaw. Tower runners will have 38 floors to conquer, while all proceeds raised from the event will go to supporting the SOS Children's Village in Kraśnik.

Events

World MIPIM finalists announced

schedule 03 February 2026
Opr./edited by AH

The 40 finalists of the MIPIM 2026 Awards, representing countries across the globe, from Denmark to Oman to Australia, have been selected for the final ceremony in Cannes.

Office & mixed-use development

Poland high demand across the regions

schedule 03 February 2026
Opr./edited by AH

2025 was a year of stark contrasts. Overall demand shot past 772,000 sqm – the strongest result on record, according to JLL in its summary of what happened in Q4 2025 across Poland’s regional office markets.

Office & mixed-use development

Poland Wrocław sees record year

schedule 03 February 2026
Opr./edited by AH

Wrocław's office market saw its highest ever tenant activity in 2025, reaching a leasing volume of nearly 180,000 sqm, according to the latest report from Savills. Despite unprecedented demand, the city is grappling with a high vacancy rate and a near-complete halt in new supply.

Office & mixed-use development

Poland bnm takes on prosta tower

schedule 03 February 2026
Opr./edited by AH

AEW Invest has hired BNM – Real Estate Advisory to commercialise the Prosta Tower building at ul. Prosta 32 ​​in Warsaw.

Investment & finance

Poland Alior to sell office property

schedule 03 February 2026
Opr./edited by AH

Alior Bank has announced that it is to sell its right of perpetual usufruct to ul. Towarowa 25A next to Rondo Daszyńskiego.

Warehouse & industrial

Poland More shooting in Czeladź

schedule 03 February 2026
Opr./edited by AH

A modern logistics centre and shooting range is to be developed in Czeladź. SKB LDR has begun construction work on the centre for Kolba, a supplier of hunting, shooting, and military equipment.

Warehouse & industrial

Germany MBS stays on in Regensburg

schedule 03 February 2026
Opr./edited by AH

Logistics operator MBS Logistik has extended its lease with Garbe Industrial for around 7,000 sqm of space in the Port of Regensburg. The warehouse is used for the storage, picking, and shipping of goods for industrial and commercial clients.

Retail & leisure

Poland Another retail park from PKB Inwest Budowa

schedule 02 February 2026
Opr./edited by AH

PKB Inwest Budowa has obtained a final construction permit for a retail park on ul. Chrzanowskiego in Ostrowiec Świętokrzyski.

Public buildings

Poland Oleśnica railway station restored

schedule 02 February 2026
Opr./edited by AH

The reconstruction of the historic Oleśnica railway station, dating back to 1868, is nearing completion.  A dedicated passenger area has been created, and the ticket office has been relocated.

Retail & leisure

Poland iLunch comes to Poland

schedule 02 February 2026
Opr./edited by AH

Lithuanian chain iLunch has opened its first Polish restaurant in the Olivia Centre in Gdańsk. iLunch is a concept with fully automated ordering of the dishes, which are prepared on-site and delivered in less than two minutes.

Residential

Poland Work begins on Liberty Tower

schedule 02 February 2026
Opr./edited by AH

Construction of the Liberty Tower apartment building has begun in the centre of Warsaw, at ul. Grzybowska 54. The building will have 43 storeys and a height of 140m with 587 units ranging in size from 26 to 124 sqm.

Office & mixed-use development

Poland Studio A comes to market

schedule 02 February 2026
Opr./edited by AH

The second and final stage of the Studio project, the Studio A office building has received its occupancy permit and over 20,000 sqm has already been leased.

Office & mixed-use development

Poland Mindspace to be largest tenant of Skyliner complex

schedule 02 February 2026
Opr./edited by AH

Flexible office space provider Mindspace has signed a long-term lease with Karimpol Polska for nearly 4,500 sqm in the second building of the Skyliner complex on Rondo Daszyńskiego.

Residential

Poland New life for Moniuszki 8

schedule 02 February 2026
Opr./edited by AH

LivUp, a company operating in the Polish PRS market, has begun renovations to the building at ul. Moniuszki 8 in Warsaw, converting the building that once housed the Café Adria dancehall and restaurant into rental apartments.

Investment & finance

Hungary CA Immo sells Millennium 1

schedule 02 February 2026
Opr./edited by AH

CA Immo has sold the Millennium Tower I office building in Budapest's Central Pest district.

Latest in For Ukraine

schedule 29 November 2023

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 winner for Europe is a Polish couple, Lena and Władysław Grochowski.

schedule 25 April 2022

Build Europe supports refugees and appeals to European Commission

Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuilders, delivered more than 500 beds in Poland to support Ukrainian refugees, and also provided direct financial support to humanitarian organisations operating on the Ukrainian border in Romania and Moldova.

schedule 13 April 2022

Former Russian building to house Ukrainian refugees

The City of Warsaw has repossessed a building, at ul. Sobieskiego 100 in the city's Mokotów Dolny district, from the Russian Embassy.

schedule 15 March 2022

City Point Targówek to support refugees

Peakside Capital Advisors and Partners Group have provided a warehouse in their City Point Targówek complex in Warsaw to the Mazovian branch of the Polish Red Cross for the support of Ukrainian refugees.

schedule 10 March 2022

Strabag real estate makes room for Ukrainian refugees

Strabag Real Estate working with the city of Warsaw has prepared 200 beds in the Atrium International Office building for refugees fleeing from the war in Ukraine.

schedule 09 March 2022

CBRE leaves Moscow

CBRE Group has announced that it is to discontinue most of its business in Russia in response to the invasion of Ukraine. The company has now begun the process of exiting its Moscow office, from where it had been providing leasing, investment, property management and valuation services

schedule 08 March 2022

Eurobuild cuts access with Russia, Belarus

As of midnight today, all of Eurobuild's websites will be inaccessible from the Russian Federation and Belarus. In addition, the editorial team will cease publishing information on the investment and real estate markets of both countries.

schedule 04 March 2022

YIT and Autodesk pull out of Russia

Finnish construction group YIT has announced that it is pulling out of Russia, while Autodesk, a producer of software for the construction and engineering industries, is also withdrawing from the country.

schedule 02 March 2022

Warsaw to take back Russian held property

The city of Warsaw has initiated legal proceedings to take possession of a property it claims was illegally seized by the Russian Federation.

Read flipbook version

Edition 12 (304) December 2025

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