EUROPE Trei keen to grow further as portfolio value soars

Investment & finance
German residential and retail developer Trei Real Estate finished 2021 with a development portfolio worth EUR 1.7 bln – an increase of 40 pct over the year.
Residential real estate makes up the bulk of the total, valued at EUR 1.5 bln, while retail accounts for app. EUR 200 mln. The value of Trei’s assets under management, including its own property portfolio, remained unchanged at EUR 1.3 bln. Its own portfolio accounts for EUR 1.2 bln out of this total, while app. EUR 100 mln is managed under third-party mandates. We continued to pursue our expansion trajectory in 2021 despite the fact that the obstacles caused by the coronavirus pandemic
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Latest news

Residential

Poland House prices still rising

schedule 05 February 2026
Opr./edited by AH

By the end of 2025, many residential projects launched in Warsaw in response to increased demand two years ago had been completed. This has contributed to a record high increase in the share of completed unsold units on offer to 19.6 pct, according to the latest data from CBRE and Tabelaofert.pl.

Hotels

Romania Mercure opens in Bucharest

schedule 05 February 2026
Opr./edited by AH

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.

Warehouse & industrial

Poland Makita doubles area in MLP Pruszków II

schedule 05 February 2026
Opr./edited by AH

Power tool producer Makita has expanded its leased space at the MLP Pruszków II complex to around 18,000 sqm, nearly doubling its previously occupied area. The tenant is expected to move into its new space in mid-2026. Cushman & Wakefield supported the tenant in the transaction.

Exclusive
Exclusive

CEE region Hungary exit - the right decision

schedule 05 February 2026
Opr./edited by AH

Following the sale of Millennium Tower I in Budapest, we took the opportunity to talk to CA Immo CEO, Keegan Viscius, to talk about the current sell-off in Hungary and CA Immo's further plans for the CEE

Warehouse & industrial

Poland PINK releases figures for 2025

schedule 05 February 2026
Opr./edited by AH

According to the latest data from the Polish Chamber of Commercial Real Estate (PINK) at the end of Q4 2025, total modern industrial and logistics stock (including office space in these facilities) reached 36.6 mln sqm, with the largest markets being the Mazowieckie region (7.34 mln sqm), the Śląskie region (6.19 mln sqm), and the Dolnośląskie region (5.31 mln sqm).

Warehouse & industrial

Poland Work begins in Nadarzyn

schedule 05 February 2026
Opr./edited by AH

Panattoni is starting the next stage of Panattoni Park Warsaw South IV – a new 26,300 sqm warehouse will be built as part of the complex in Nadarzyn. The first tenant of the new building is sports store DZIK.

Residential

Poland Two projects in Grodzisk announced

schedule 05 February 2026
Opr./edited by AH

aHouse Development has just announced the start of two residential projects in Grodzisk Mazowiecki near Warsaw - Apartamenty Rusałki and Osiedle Montwiłła.

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.

Latest in Investment & finance

schedule 04 February 2026

Taifun to become university building

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.

schedule 03 February 2026

Alior to sell office property

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

schedule 02 February 2026

CA Immo sells Millennium 1

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

schedule 30 January 2026

Shelters could change the market

Recently, the topic of the Shelter Act has been increasingly featured in discussions concerning the real estate market and investment security. Since January 2026, public safety has become a permanent part of the industry's agenda, says Colliers.

schedule 29 January 2026

Land transactions reach EUR 450 mln

Romania’s land market closed 2025 with an estimated transaction volume broadly in line with 2024 levels, when deals totalled nearly EUR 450 mln, according to data from Colliers. The market was shaped by political uncertainty and fiscal adjustments in the first part of the year. However, sentiment improved visibly after the elections, with the final months of 2025 delivering some of the strongest transactional results seen in recent years.

schedule 29 January 2026

LCP Poland acquires another MPark

LCP Poland, part of M Core, has announced its second purchase this year of an MPark development project. After Zawiercie in Silesia, it's now the turn for Nasielsk in Masovia.

schedule 28 January 2026

Skanska sells Equilibrium 2

Skanska has sold the second building of the Equilibrium office complex in Bucharest to Magyar Posta Takarék Real Estate Investment Fund (MPTIA), a public real estate fund managed by Gránit Asset Management. The fund now owns both Equilibrium 1 and Equilibrium 2

schedule 28 January 2026

Real Estate market remains stable

According to Avison Young, total transaction volumes on the Polish real estate market in 2025 came in below the level seen in 2024. Market liquidity held up well, though, and the number of completed deals was broadly in line with the previous year.

schedule 27 January 2026

BNP Paribas backs Panattoni in Szczecin

Panattoni has secured EUR 42 mln in financing from BNP Paribas Bank Polska for the construction of two warehouses within the Panattoni Park Szczecin Trzebusz II complex.

schedule 26 January 2026

EIB supports rollout of EV charging stations

Eleport, an independent EV fast-charging network operating across Central and Eastern Europe, has secured a EUR 35 mln loan from the European Investment Bank (EIB), backed by the InvestEU programme.

schedule 23 January 2026

Polish capital growing stronger

The growing presence of Polish money in the real estate market isn’t just a passing phase – it’s structural. It largely stems from shifts on the investors’ side, according to the speakers at 'Emerging Trends in Real Estate Europe 2026 – Focus on Poland', organised by ULI Poland, PwC and Greenberg Traurig.

schedule 22 January 2026

V Tower refinanced

P. Capital Partners has signed a refinancing deal for V-Tower, a 22-storey office building in central Warsaw that has been renovated and is now being commercialised.

schedule 22 January 2026

Retail sector still to grow more

Arcona Capital, which manages real estate assets in Central and Eastern Europe worth EUR 400 mln, has published a forecast indicating strong support – both regional and international – for the Czech retail real estate market in the coming year.

schedule 22 January 2026

Terranova Logistic Park changes hands

Cushman & Wakefield Echinox has announced the completion of the sale of Terranova Logistic Park, on Șoseaua București -Târgoviște in the northern part of Bucharest, at the intersection with the city’s ring road.

schedule 22 January 2026

Alfa Centrum to be replaced

Alfa Centrum on ul. Kołobrzeska in Gdańsk has changed hands, purchased by Euro Styl, a subsidiary of the Dom Development Group. A mixed-use development with apartments will be built on the site of the shopping centre, which has been open since 2002.

schedule 21 January 2026

A year of stability

The Polish commercial property market has begun to stabilise. Although total transaction volume fell by 12.9 pct year-on-year, the sector’s fundamentals have noticeably strengthened, according to Savills.

schedule 20 January 2026

Local investors dominate in Romania

In 2025, the total investment volume in commercial properties in Romania reached EUR 579.4 mln, according to a study conducted by Fortim Trusted Advisors, an alliance member of the BNP Paribas Real Estate.

schedule 16 January 2026

Centerscape goes shopping with Lidl

Centerscape has completed the acquisition of a newly-constructed standalone retail asset anchored by Lidl, in Mszczonów in the Mazowieckie region, around 50 km southwest of Warsaw.

schedule 16 January 2026

Óbuda Gate sold

Magyar Posta Takarék Real Estate Investment Fund (MPTIA), managed by Gránit Asset Management, has expanded its portfolio with the acquisition of the Óbuda Gate office building. The transaction aims to develop the fund's office portfolio on the Buda side of Budapest, further increasing its value and diversity, while reinforcing stability and long-term benefits for the fund’s more than 40,000 investors.

schedule 15 January 2026

Room for growth

Real estate developers and investors in Central Europe are positive about the economic situation, despite the ongoing geopolitical challenges, according to the eighth Real Estate Confidence Survey for Central Europe 2026 report, prepared by Deloitte.

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Edition 12 (304) December 2025

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