Investment & finance
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.
Infrastructure
Polish State Railways (PKP) has launched a tender to appoint a contractor to build a new railway station in Łapy, with bids due by 28 August. Construction is scheduled to get underway in the fourth quarter of this year, with the station expected to open by the end of 2027.
Office & mixed-use development
Construction work om Moderna Holding’s Spot development in Sopot has now reached ground level, marking the completion of the main underground works. The project is also bringing changes to the surrounding area, with the road layout on Aleja Niepodległości already having been altered and further improvements planned around the site.
Construction
Work is progressing on the High-Speed Rail (KDP) tunnel in Łódź, part of the Port Polska project. At the launch chamber in Retkinia, the concrete support for the Tunnel Boring Machine (TBM) shield has been completed, while the first components of the machine are being assembled on site. Tunnelling on one of Poland’s most important underground railway projects is due to begin in 2027.
Office & mixed-use development
Penta Real Estate has acquired a 50 pct stake in HoldCo Bubny, a company with land holdings int the Bubny–Zátory development area in Prague, which is to be redeveloped into a vibrant new mixed-use district in Prague. A total of 27 residential blocks with 10,000 new homes are planned in a projected investment of around EUR 3.7 bln.
ESG
The Grand department store in Pardubice has achieved an Excellent rating under the internationally recognised BREEAM In-Use sustainability certification.
Retail & leisure
Finarto Investments has appointed Allcon as the general contractor for Park Kaszuby, a new retail park in Wejherowo. The construction site is due to be handed over and work is scheduled to begin in August 2026. The project will offer 13,000 sqm of leasable space, 17 retail units and 324 parking spaces. The park is scheduled to open in November 2027.
Retail & leisure
In the first half of 2026, Poland’s modern retail stock grew by more than 200,000 sqm, bringing the total to over 14 million sqm at the end of June. According to real estate advisory firm Colliers, the number of operating retail schemes rose to 738, while retail density reached 374 sqm per 1,000 residents.
Investment & finance
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.
Investment & finance
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.
Office & mixed-use development
The era of comfortable office leasing conditions in Warsaw has come to an end, according to Walter Herz. Record-high demand, combined with the lowest level of developer activity in more than a decade, has led to a sharp decline in the availability of modern office space, particularly in the city's central business districts. As a result, landlords have gained significant leverage in lease negotiations, prompting a fundamental shift in the leasing strategies of the market's largest occupiers.
Investment & finance
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.
Office & mixed-use development
The Tatra banka Group is to move its Slovakian headquarters to Pribinova 1, an office project being developed by JTRE in Bratislava. This eight-storey office building will comprise more than 20,000 sqm gla with an additional 2,000 sqm of retail space.
Office & mixed-use development
Bucharest’s office market is gaining momentum, with occupier demand picking up as companies sign new leases and expand, while the supply of new space remains limited. Net take-up accounted for 73 pct of total leasing activity in H1 2026, up from 53 pct a year earlier, pointing to a shift in corporate strategies as businesses resume their growth and expansion plans.
Office & mixed-use development
Vaillant Saunier Duval, a leading provider of heating, ventilation and air-conditioning, is relocating its Warsaw headquarters to the Novu building at Al. Jerozolimskie 195A, where it has leased 1,111.52 sqm for its new office and training centre.
Construction
The construction of Poland’s first nuclear power plant has reached an important milestone. Bechtel, the project’s general contractor, is taking over management of the construction site from Polskie Elektrownie Jądrowe (PEJ). At the same time, Budimex, one of Poland’s largest construction companies, has begun the earthworks.
Retail & leisure
In Q2 2026, Poland’s retail property market saw a clear upturn in new supply, with 134,500 sqm of space added. According to BNP Paribas Real Estate Poland, retail parks are the main driver of market growth, accounting for the largest share of both newly delivered space and projects under construction. The sector’s strength is also reflected in rising retail sales figures and the arrival of new international brands.
Retail & leisure
Redkom Development has launched construction work on a retail park on Al. Wojska Polskiego in Kalisz.
Warehouse & industrial
MDC2 has launched its latest project – MDC2 Park Ruda Śląska, which will have a total area of 48,000 sqm, with a particular focus on production and logistics.
Office & mixed-use development
Royal Greenland, an international company specialising in fishing and seafood processing, has opened a European shared services centre (ESSC) in the Wave building in Gdańsk's Oliwa district, which is owned by Skanska CDE. Colliers advised the tenant during the transaction process.
Savills, which already manages an office portfolio in Poland for TFI PZU, has now also been appointed to manage three of the fund's retail assets.
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other exclusive mandates in the city include K1, Porto Office, The Park Kraków, M65 Meduza, and Unity Centre.
The Savills' landlord representation team has been appointed as the exclusive leasing agent for two office buildings in Warsaw: Greenwings Offices and Grójecka 208. Both buildings were developed by Okre Development Group and are owned by Belgian investors.
Tensions in the Persian Gulf region are once again causing concern in energy commodity markets. Rising gas prices are a natural reaction to the risk of supply disruptions from the Middle East, including Qatar – a key LNG exporter.
MVGM Polska has extended its property management agreement with SICORE Real Assets. Under the renewed agreement, MVGM Polska will continue to provide comprehensive property management services for three class A office buildings in Warsaw and logistics properties in Poznań and Wrocław, with a total gla of 133,000 sqm.
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 185,000 sqm, are fully leased to a single, long-term tenant under a triple-net lease agreement.
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, D and E of the Lixa complex, the Wspólna 47/49 office building and the service section of the Soho by Yareal development.
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate.
Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw market.
Karimpol Polska is expanding its cooperation with CBRE. Starting in June 2024, the consultancy will be acting as the exclusive letting agent of Skyliner II office project.
Cushman & Wakefield has been appointed as property manager for the VIG Fund’s three office buildings in Warsaw. The company will manage the fund’s entire Polish real estate portfolio of more than 47,000 sqm.
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's employees, including local property management teams will join EPP.
M Core announces the launch of ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new management platform for the M Core portfolio of 25 retail parks across Romania.
The Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, located in the Expozitiei area of Bucharest. As a result, the portfolio managed by the company’s asset services department reached almost 500,000 sqm.
CPI Property Group has appointed CBRE as manager of its Serbian Stop Shop retail park portfolio. It comprises 14 retail parks in 14 cities and more than 120,000 sqm of leasable area.
Savills will become the manager of the Lakeside office building. The complex is currently the largest development being built outside the central part of the capital. Atenor is responsible for its development.
Savills is to manage Okam's F.S.O Park development in Warsaw's Żerań district, covering the operation of the existing warehouse and office space.
Tattersall Lorenz has been appointed property manager of Schroder portfolio with a lettable area of over 230,000 sqm. The firm will also provide support for letting management and an ESG service contract for the properties.
According to Savills latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.
Tattersall Lorenz has been chosen by Oxford Properties and Norges Bank Investment Management (NBIM) to undertake the technical and commercial property management as well as accounting of the Sony Center at Potsdamer Platz in Berlin.
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
Work is progressing on the High-Speed Rail (KDP) tunnel in Łódź, part of the Port Polska project. At the launch chamber in Retkinia, the concrete supp ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According ...
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
The Grand department store in Pardubice has achieved an Excellent rating under the internationally recognised BREEAM In-Use sustainability certificati ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
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 wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
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 ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Polish State Railways (PKP) has launched a tender to appoint a contractor to build a new railway station in Łapy, with bids due by 28 August. Construc ...
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
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 ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Construction work om Moderna Holding’s Spot development in Sopot has now reached ground level, marking the completion of the main underground works. T ...
Savills, which already manages an office portfolio in Poland for TFI PZU, has now also been appointed to manage three of the fund's retail assets.
Budimex has been awarded an PLN 86 mln gross contract for the construction of a new specialist outpatient clinic at the L. Zamenhof University Childre ...
Since sales began in February 2026, 122 contracts have been concluded in the Liberty Tower residential building in Warsaw, which is owned by Cavatina. ...
Finarto Investments has appointed Allcon as the general contractor for Park Kaszuby, a new retail park in Wejherowo. The construction site is due to b ...
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
MDC2 has launched its latest project – MDC2 Park Ruda Śląska, which will have a total area of 48,000 sqm, with a particular focus on production and lo ...
June 2026
Who will win and who will lose with changes to the land market
Who will win and who will lose with changes to the land market
Walter Herz
The biggest change to the land market in years is on the horizon. The spatial planning reform will mean that plots previously considered attractive may lose value, while land with ...
Sales up, supply down
Sales up, supply down
JLL Polska
In the first quarter of 2026, the Polish housing market recorded a significant increase in sales. A total of 12,900 apartments were sold across the country's seven largest cities ( ...
Rent isn't everything. The real costs of leasing warehouse space
Rent isn't everything. The real costs of leasing warehouse space
Newmark Polska
Choosing a new warehouse takes much more than simply comparing rental rates across a few or even a dozen centres. With rising energy costs and varying technical standards, the actu ...