Romania Costs rise in Bucharest, ESG gains focus

Office & mixed-use development
The average office fit-out costs in Bucharest increased by 12 pct in 2024 compared with the previous year. This evolution aligns with regional trends, according to data from the Cushman & Wakefield Echinox, based on the Fit-Out Cost Guide 2025.
Key factors driving this trend include rising labor costs, fueled by salary increases in the construction sector, and materials’ prices which, despite partial stabilization, remain directly impacted by inflation. Investments in sustainable solutions and compliance with ESG standards also contribute to higher initial costs, while enhancing long-term energy efficiency. Although raw material prices have not seen significant increases over the past year, finished products have continued to beco
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Latest news

Retail & leisure

Poland Mabrok plans 27,000 sqm Osada Pułtusk retail park

schedule 20 October 2026
Opr./edited by AH

Osada Pułtusk, a new 27,000 sqm retail park, is planned to open in Pułtusk in 2028. The project is being developed by Mabrok, with Mallson Polska responsible for the commercial concept and leasing.

Retail & leisure

Poland Bułkę przez Bibułkę opens in Tribera

schedule 20 October 2026
Opr./edited by AH

Bułkę przez Bibułkę will open a new restaurant on the ground floor of the Tribera Warsaw student residence on ul. Obrzeżna in Mokotów. The restaurant will have 105 sqm of indoor space and a terrace of nearly 100 sqm. It will be open to students living in the building, as well as people who live and work in the neighbourhood.

Investment & finance

Poland Hillwood Polska sells 57,800 sqm warehouse and office complex to TOYA

schedule 20 October 2026
Opr./edited by AH

Hillwood Polska has completed the sale of a warehouse and office complex in Oddział, in the municipality of Żabia Wola, to TOYA S.A. The development comprises two buildings with a combined usable area of approximately 57,800 sqm and was delivered under a build-to-own (BTO) arrangement. The transaction was valued at EUR 41.625 mln net.

Retail & leisure

Poland Nhood repurposes 65,000 sqm of retail space across Europe

schedule 20 October 2026
Opr./edited by AH

Nhood has repurposed 65,000 sqm of retail space across Europe as part of a modernisation programme for shopping centres owned by Ceetrus and Auchan. In Poland, the company has leased more than 11,300 sqm of additional retail space across four properties, with two more locations set to join the programme.

Retail & leisure

Poland Lux Med Stomatologia to open at Gemini Park Tychy

schedule 20 October 2026
Opr./edited by AH

Lux Med Stomatologia will become a new tenant at Gemini Park Tychy, leasing more than 450 sqm. The dental clinic, which will offer comprehensive care for adults and children, is scheduled to open at the turn of 2026 and 2027.

Residential

Poland Historic tenement building in Koło undergoes comprehensive renovation

schedule 20 October 2026
Opr./edited by AH

A historic tenement building on Koło’s Old Market Square is undergoing a comprehensive renovation. Built in 1887, the three-storey property will offer more than 938 sqm of space for retail and service units, professional practices and apartments. The project is being carried out by investor Celtia.

Retail & leisure

Poland Polish retail market set for strongest year of new supply in over a decade

schedule 20 October 2026
Opr./edited by AH

Poland’s retail property market continues to see strong development activity. Around 132,000 sqm of modern retail space was delivered in Q3 2026, while a further 760,000 sqm remains under construction. According to Cushman & Wakefield, new supply for the full year could exceed 600,000 sqm, reaching its highest level in more than a decade.

Warehouse & industrial

Romania CTP leases 55,600 sqm to Pepco at CTPark Bucharest West

schedule 20 October 2026
Opr./edited by AH

CTP has signed a direct lease with Pepco for 55,619 sqm at CTPark Bucharest West in Romania. The retailer will operate a regional distribution centre at the site, serving Romania and the wider Central and Eastern European (CEE) region.

Investment & finance

Poland EPP increases its stake in the M1 shopping centre portfolio

schedule 20 October 2026
Opr./edited by AH

EPP has increased its stake in the joint venture that owns nine M1 shopping centres in Poland to 59.4 pct. The ownership structure has also been simplified, with RMB Investments and Advisory Proprietary Limited (RMBIA) joining as a new investor.

Residential

Poland Murapol expands Prado project

schedule 20 October 2026
Opr./edited by AH

Murapol Group has added 191 apartments to the Murapol Prado residential project in northern Kraków. The new phase, located on ul. Piaszczysta near the Prądnik Valley, comprises two four-storey buildings. Pre-sale prices start at PLN 13,680 per sqm.

Office & mixed-use development

Poland RMF Group signs 10-year lease in DL Tower in Katowice

schedule 20 October 2026
Opr./edited by AH

RMF Group, owner of the RMF FM and RMF MAXX radio stations, has signed a long-term lease at DL Tower in Katowice. Under the agreement, signed on 15 July 2026, both stations will broadcast from the building’s 11th floor for at least the next 10 years.

Office & mixed-use development

Poland Warsaw office market strengthens landlords’ position as vacancy falls

schedule 20 October 2026
Opr./edited by AH

Warsaw’s office market is seeing stronger tenant activity amid record-low new supply. More than 592,000 sqm of office space was leased in the first three quarters of 2026, up 22 pct year on year, while the vacancy rate fell to 7.9 pct, its lowest level in six years, according to Knight Frank.

Office & mixed-use development

Poland Global FMCG company to lease more than 4,300 sqm in Warsaw Spire

schedule 20 October 2026
Opr./edited by AH

A global fast-moving consumer goods (FMCG) company will lease more than 4,300 sqm of office space in Warsaw Spire, in central Warsaw. The relocation, combined with an expansion, is scheduled to begin in October 2026. JLL advised the tenant on the transaction and provided technical consultancy.

Investment & finance

Poland WPIP Group sells centre in Nowa Sól

schedule 20 October 2026
Opr./edited by AH

WPIP Group has completed the sale of an industrial and office property in Nowa Sól, western Poland. The approximately 1,800 sqm facility was acquired by Trionik EMS, a company operating in the electronics manufacturing sector and linked to Ukrainian capital. The buyer plans to establish its Polish branch at the site.

Retail & leisure

Bulgaria Mitiska REIM and Park Lane Developments open first Estrea Park retail park in Bulgaria

schedule 20 October 2026
Opr./edited by AH

Mitiska REIM and Park Lane Developments have opened the first Estrea Park retail park in Bulgaria, marking the start of a planned rollout of the brand across the country. Developed in Sofia’s Hadzhi Dimitar district, the project was delivered in partnership with the European Bank for Reconstruction and Development (EBRD) on behalf of the MEREP 3 fund.

Data centres

Poland Power, Power, Power

schedule 19 October 2026
Opr./edited by AH

Access to electricity, rather than its price, is becoming the decisive factor in the development of data centres, as AI drives up demand and Europe's established hubs run out of capacity. This was the central message of Eurobuild's Data Centers – Real Estate, Technology, Investments conference, held at the Warsaw Presidential Hotel on 19 October.

Retail & leisure

Poland CH Osowa adds five new retail and entertainment concepts

schedule 16 October 2026
Opr./edited by AH

Gdańsk’s CH Osowa shopping centre welcomed five new concepts in September and October, spanning gaming, collectibles, fashion and floristry. The new arrivals include a trading card vending machine, a gaming zone, a shop selling games and consoles, a florist and a women’s fashion boutique.

Construction

Poland PORR wins PLN 539 mln contract for US air force base in Wrocław

schedule 16 October 2026
Opr./edited by AH

PORR has signed a contract worth around PLN 539 mln gross to build the first phase of a cargo and logistics facility for the US Air Force at Wrocław-Strachowice Airport. Commissioned by the Regional Infrastructure Management Board in Wrocław, the project is scheduled for completion by 2029.

Retail & leisure

Poland Ania Kruk opens store at Magnolia Park

schedule 16 October 2026
Opr./edited by AH

Polish jewellery brand Ania Kruk has opened a 64.5 sqm store at Magnolia Park in Wrocław. The store offers everyday jewellery, including necklaces, bracelets, earrings, rings and jewellery for piercings.

Office & mixed-use development

Poland Hybrid work dominates in Poland

schedule 16 October 2026
Opr./edited by AH

As many as 93 pct of organisations in Poland operate hybrid working models, while just 1 pct are fully remote, according to Colliers Define’s ‘Hybrid and Beyond ’26’ report. Companies are increasingly focusing on how they organise collaboration and use offices to build relationships, rather than increasing the number of days employees spend on site.

Latest in Office & mixed-use development

schedule 20 October 2026

RMF Group signs 10-year lease in DL Tower in Katowice

RMF Group, owner of the RMF FM and RMF MAXX radio stations, has signed a long-term lease at DL Tower in Katowice. Under the agreement, signed on 15 July 2026, both stations will broadcast from the building’s 11th floor for at least the next 10 years.

schedule 20 October 2026

Warsaw office market strengthens landlords’ position as vacancy falls

Warsaw’s office market is seeing stronger tenant activity amid record-low new supply. More than 592,000 sqm of office space was leased in the first three quarters of 2026, up 22 pct year on year, while the vacancy rate fell to 7.9 pct, its lowest level in six years, according to Knight Frank.

schedule 20 October 2026

Global FMCG company to lease more than 4,300 sqm in Warsaw Spire

A global fast-moving consumer goods (FMCG) company will lease more than 4,300 sqm of office space in Warsaw Spire, in central Warsaw. The relocation, combined with an expansion, is scheduled to begin in October 2026. JLL advised the tenant on the transaction and provided technical consultancy.

schedule 16 October 2026

Hybrid work dominates in Poland

As many as 93 pct of organisations in Poland operate hybrid working models, while just 1 pct are fully remote, according to Colliers Define’s ‘Hybrid and Beyond ’26’ report. Companies are increasingly focusing on how they organise collaboration and use offices to build relationships, rather than increasing the number of days employees spend on site.

schedule 15 October 2026

Yareal moves into new Warsaw office

Yareal Polska has moved its headquarters to LIXA C in Warsaw. The 750 sqm office was designed by The Design Group.

schedule 15 October 2026

Tesco chooses Unity Square Two for its Kraków headquarters

Tesco Technology Services Europe (TTSE) has leased more than 3,700 sqm of office space at Unity Square Two in Kraków, where it will occupy five floors. The move supports the company’s continued growth in Poland and strengthens Kraków’s position as a technology hub.

schedule 14 October 2026

Capgemini doubles office space at Business Garden Warsaw

Capgemini will double its office space at Business Garden Warsaw, taking a total of 3,400 sqm at Vastint’s office campus on Żwirki i Wigury Street. The expansion adds 1,700 sqm and reflects the growth of the company’s Warsaw team and changing employee needs.

schedule 14 October 2026

Warsaw office vacancy rate falls to 7.9 pct

At the end of Q3 2026, the vacancy rate in Warsaw’s office market stood at 7.9 pct, while total modern office stock reached approximately 6.23 million sqm. No new office buildings were completed during the quarter, and take-up exceeded 175,000 sqm, according to the latest data from the Polish Chamber of Commercial Real Estate (PINK).

schedule 13 October 2026

Syrena Real Estate to modernise Warsaw office building

Syrena Real Estate will refurbish its building at 18 Piękna Street in Warsaw and rebrand it as Elma. The project will modernise the offices, nearly double the retail space and replace the lower floors with a more open, glazed frontage. Work is due to start in Q1 2027 and finish in Q3 2028.

schedule 12 October 2026

Central Poland’s warehouse market grows beyond Łódź

Central Poland has nearly 5.2 mln sqm of warehouse space, with a further 160,000 sqm under construction, according to Newmark Polska. While Łódź remains the region’s main economic centre, developers are increasingly building in nearby towns such as Stryków, Piotrków Trybunalski, Zgierz and Łowicz, where land is more readily available and rents and labour costs are lower.

schedule 09 October 2026

Knight Frank to lease VINCI Office Center in Kraków

Knight Frank has been appointed exclusive leasing agent for VINCI Office Center at 100 Opolska Street in Kraków. The building, owned by Sharow Capital, offers around 21,000 sqm of office space.

schedule 07 October 2026

Bucharest office demand picks up as companies rethink their workplace needs

New office leasing demand reached more than 93,000 sqm in the first nine months of 2026, up 6 pct year-on-year, while 72 pct of transactions involved buildings within 500 metres of a metro station

schedule 06 October 2026

eService leases 7,500 sqm in Drucianka Campus

Cashless payment services provider eService has leased 7,500 sqm of office space in Drucianka Campus, a development under construction on ul. Kijowska in Warsaw’s Praga-Północ district. This is the project’s first tenant. Construction is scheduled for completion in the summer of 2028.

schedule 05 October 2026

Defence24 leases 1,150 sqm at Warsaw Corporate Center

Media and research group Defence24 has signed a long-term lease for 1,150 sqm of office space at Warsaw Corporate Center (WCC) on ul. Emilii Plater in Warsaw. The company will occupy the entire seventh floor and part of the eighth floor.

schedule 05 October 2026

CBRE appointed to lease AFI V

AFI Poland has appointed CBRE as the leasing agent for AFI V., a prominent office building in Kraków. CBRE will be responsible for attracting new tenants and advising AFI Poland on the leasing strategy.

schedule 30 September 2026

Unibep moves into DL Tower

Unibep has leased around 200 sqm at DL Tower in Katowice. The space was handed over on 1 September 2026.

schedule 30 September 2026

Compensa leases around 500 sqm in DL Craft

Compensa, part of Vienna Insurance Group, has leased around 500 sqm at the DL Craft complex in Katowice. The lease agreement with DL Invest Group was signed on 31 August 2026.

schedule 29 September 2026

Mieszko takes 700 sqm at Jerozolimskie Business Park

NASA Capital has signed a long-term lease with Mieszko, a Polish confectionery manufacturer. The company will take around 700 sqm at Jerozolimskie Business Park in Warsaw, taking occupancy at the complex to 95%.

schedule 29 September 2026

Retrofitting costs come into focus

Rising energy costs, changing regulations, tenant expectations and the need to protect property values are forcing owners of older office buildings to consider their next steps. A new report by Gleeds Polska and the Polish Council of Commercial Real Estate (PINK) looks at the cost of different retrofit options and the energy savings they could deliver.

schedule 29 September 2026

Hotspot launches premium office concept in Bucharest

Hotspot is expanding in Bucharest with Hotspot Exclusive, a new premium serviced office concept at One Tower, part of the One Floreasca City development. The new location will cover more than 1,400 sqm and will be Hotspot’s third site in the city.

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Edition 10 (310) October 2026

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