Poland What is driving the spate of lease renewals

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16 January 2026

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Marek Ciunowicz, founder and CEO of Corees Polska

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In recent quarters, a cautious attitude among tenants has become increasingly evident in the commercial real estate market. As Marek Ciunowicz, founder and CEO of Corees Polska, notes, changes in work patterns, rising operating costs, and limited space availability are forcing companies to consider offices in a different decision-making cycle than before the pandemic

We are seeing that tenants are more often than before forgoing relocations and focusing on negotiations with their current landlords. What is driving the rise of lease renewals? Marek Ciunowicz: In recent years, the costs of office fit-outs and modernisations have risen significantly – not only due to more expensive materials and labour, but also to the increasingly advanced technical standards that modern commercial spaces must meet. Relocation is no longer a simple change of address; it is

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Latest news

Poland Numa to launch in Poland with Warsaw apartment deal

15 October 2026

Opr./edited by AH

AYA Properties Fund and Curtis Group have signed a 20-year lease with Numa for 56 serviced apartments at ul. Chmielna 13A in central Warsaw. The opening is planned for the first half of 2027 and will mark Numa’s entry into Poland.

Warehouse & industrial

Poland Panattoni Park Bytom fully leased ahead of completion

14 October 2026

Opr./edited by AH

Panattoni Park Bytom has been fully leased before construction is complete, with packaging supplier Grembox taking more than 33,000 sqm at the development. The complex will offer more than 132,000 sqm in total, and Grembox plans to begin operations at the new location in November 2027.

Warehouse & industrial

Poland LemonTree starts work on 30,000 sqm Stream Kraków development

14 October 2026

Opr./edited by AH

LemonTree has started construction of Stream Kraków by LemonTree, a warehouse and office development of nearly 30,000 sqm near Kraków Airport and the A4 motorway. The project is scheduled for completion in the second quarter of 2027. Goldbeck has been appointed as the general contractor.

Warehouse & industrial

Poland MSX Elektronika leases space at MLP Pruszków I

14 October 2026

Opr./edited by AH

MSX Elektronika has leased more than 1,300 sqm of warehouse and office space at MLP Pruszków I. The contract electronics manufacturer will use the premises for device assembly and related production and logistics operations. Handover is scheduled for the first quarter of 2027. Maxon Nieruchomości represented the tenant.

Warehouse & industrial

Poland E-commerce platform leases 88,000 sqm in two Logicor parks

14 October 2026

Opr./edited by AH

A global e-commerce platform has leased a total of 88,000 sqm of warehouse space at two Logicor logistics parks in central Poland. The agreements cover 68,000 sqm at Logicor Stryków and 20,000 sqm at Logicor Łódź I. Announced on 13 October 2026, the transaction strengthens the tenant’s logistics infrastructure in one of the country’s key distribution regions.

Office & mixed-use development

Poland Capgemini doubles office space at Business Garden Warsaw

14 October 2026

Opr./edited by AH

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.

Retail & leisure

Poland BIG Konstantynów to open expanded retail park on 29 October

14 October 2026

Opr./edited by AH

BIG Konstantynów will open a new section of its retail park on 29 October 2026, adding around 13,500 sqm of retail space. Following the expansion, the complex will offer around 21,000 sqm in total, including the existing Kaufland and Bricomarché stores. The entire development is fully leased.

Warehouse & industrial

Poland Cross-dock warehouses cater to specialised logistics needs

14 October 2026

Opr./edited by AH

Cross-dock warehouses are designed to transfer goods rapidly between inbound and outbound transport, with minimal storage time. Unlike traditional warehouses, their key performance measure is throughput rather than storage capacity, reflecting their ability to handle large numbers of vehicles and significant volumes of goods, according to Axi Immo.

Office & mixed-use development

Poland Warsaw office vacancy rate falls to 7.9 pct

14 October 2026

Opr./edited by AH

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).

Office & mixed-use development

Poland Syrena Real Estate to modernise Warsaw office building

13 October 2026

Opr./edited by AH

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.

Poland Poland’s housing market stabilises

13 October 2026

Opr./edited by AH

Residential developers sold 12,500 homes across Poland’s seven largest housing markets in the third quarter of 2026, up 5.7 pct from the previous quarter. They launched 12,800 new units, while the number of homes available for sale reached 70,200 at the end of September. According to real estate consultancy JLL, sales and new supply are broadly balanced, but the growing stock of completed unsold homes and shifting buyer sentiment point to a more uncertain outlook.

Poland BERGER Bau to Modernise Wrocław Student Residences

13 October 2026

Opr./edited by AH

BERGER Bau Polska will modernise the Kredka and Ołówek student residences owned by the University of Wrocław under a contract worth PLN 41.44 mln gross. Work will bring the buildings into compliance with current fire safety regulations and is scheduled to run from October 2026 to April 2029.

Investment & finance

Poland Poland’s Retail Park Market Drives Growth in Portfolio Transactions

13 October 2026

Opr./edited by AH

Poland’s increasingly mature retail park market is creating opportunities for portfolio transactions, allowing investors to expand their presence more quickly and allocate capital more efficiently. However, as highlighted in Retail Parks Uncovered, an investment report prepared by Avison Young in cooperation with CMS, Newgate Investment and PROH, these deals require careful legal due diligence, transaction structuring and risk management.

Poland Archicom launches sales for fifth phase of Modern Mokotów in Warsaw

13 October 2026

Opr./edited by AH

Archicom has launched sales for the fifth phase of its Modern Mokotów residential development in Warsaw, adding 119 apartments and six commercial units to the mixed-use project. The development is transforming the former office district of Służewiec into a residential neighbourhood that will eventually comprise more than 1,400 apartments.

Warehouse & industrial

Romania Prime Label’s IPPU Packaging leases 3,000 sqm at Industra Park Iași

13 October 2026

Opr./edited by AH

IPPU Packaging, part of the European Prime Label Group, has relocated its operations to approximately 3,000 sqm of industrial space at Industra Park Iași, owned by Oresa Industra. Fit-out works were completed in spring 2026, with the facility’s official inauguration scheduled for mid-October.

Retail & leisure

Romania LPP Group to bring four fashion brands to RIVUS

13 October 2026

Opr./edited by AH

LPP Group will open stores for Reserved, Mohito, House and Cropp at RIVUS, the mixed-use development taking shape in Cluj-Napoca, Romania. The four brands will occupy more than 3,500 sqm, expanding the retail offer of the EUR 550 mln project developed by IULIUS and Atterbury Europe.

Poland Will Poland dominate the AI market?

13 October 2026

Opr./edited by AH

How will AI change the real estate business? Where are the best data centre sites in Poland? Will Europe be able to feed data centres the energy they need, and how will it be generated?

Poland Green House Development launches pre-sales for final phase of Wave Świnoujście

12 October 2026

Opr./edited by AH

Green House Development has launched pre-sales for Building C, the final phase of its Wave Świnoujście Thermal & SPA development. The building will feature 192 finished apartments, around 2,000 sqm of thermal and spa facilities, massage rooms and a conference room. Completion is scheduled for the first quarter of 2030.

Office & mixed-use development

Poland Central Poland’s warehouse market grows beyond Łódź

12 October 2026

Opr./edited by AH

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.

Poland Warsaw’s Kamionek district attracts new residential investment

12 October 2026

Opr./edited by AH

Kamionek, in Warsaw’s Praga-Południe district, is transforming from an industrial area into a modern urban neighbourhood. Infrastructure upgrades, cultural projects and the planned M3 metro line are strengthening its residential appeal. Grupo Lar Polska and Galio Group are responding with Symfonia Praga, a residential development at ul. Owsiana 11.

Latest in Exclusive

12 October 2026

Leading the renaissance of local investors

One of the more interesting Polish property investors to emerge on the local scene in recent years is Syrena Real Estate. This year, it added the Renaissance building in central Warsaw to its increasingly impressive and diverse portfolio. In our latest exclusive, we ask Witold Zatoński Kotomski, the founding partner of the company, about its plans for the historic property and where it’s planning to invest next.

The man from NASA

Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Poland with a new investment fund for Polish investors – and it has just made its market debut with the acquisition of Jerozolimskie Business Park in Warsaw. And that’s why EurobuildCEE spoke to the man at the centre of the deal, Marc Safari, the chief operating officer of NASA Capital, about how the company plans to build its Polish portfolio from here.

Strengthening our presence – Wolfgang Molnar of Erste Group Bank

At the beginning of this year, Erste Group, which was already very active in the real estate financing market in Poland and the CEE region, acquired a controlling stake in another significant lender – Santander Bank Polska. And it continues to make the headlines with a series of major deals. In our latest exclusive interview, we spoke to Wolfgang Molnar, the parent account manager for real estate finance and executive director of Erste Group Bank, about why he has such faith in our region’s real markets.

Experienced and out-of-the-box – Josef Malíř of SCF

Star Capital Finance (SCF) has been in the news again recently with the EUR 110 mln acquisition in a joint venture of a portfolio of six Polish retail parks. This followed the purchase of the Jantar shopping centre in Słupsk earlier this year and its entry into the Romanian market. In 2024, it made an even bigger splash with the EUR 285 mln deal for six Polish shopping centres – which was voted CEE Transaction of the Year at the Eurobuild Awards. So, we spoke to the CEO of the Prague-based investor, Josef Malíř, about SCF’s approach to the ever-changing retail sector.

The Bridge to future expansion – Kestutis Sasnauskas of Eastnine

Eastnine has just followed up its EUR 280 mln acquisition of the Warsaw Unit at the end of 2024 with the equally sensational EUR 300 mln transaction for The Bridge. Why is the Swedish company putting such faith in the Warsaw office market in such a big way? And what is it planning to do next? In our latest exclusive interview, EurobuildCEE asked the man behind the deal, Kestutis Sasnauskas, the CEO of Eastnine, for the answers...

A most understanding partner – Philipp Schomberg of Kingstone RE

Munich-based investment management platform Kingstone Real Estate has been in the news in the last few days due to the headline-grabbing EUR 150 mln acquisition of the Olivia Star office tower in Gdańsk by Strabag. It has also partnered with other international players for their activities on the Polish market. And so, hot on the heels of the Olivia Star deal, we caught up with Philipp Schomberg, the co-founder and Poland CEO of Kingstone RE to find out more about the company and its plans.

Quality investment – Sofia Granlund, the CEO of Stena Real Estate

Swedish property company Stena Real Estate has been active in Poland's main office markets for several years now, during which time it has acquired the High5Ive 1, 2 and 3 buildings in Kraków, Centrum Południe in Wrocław, and Studio B in Warsaw. Now it has added Studio A to its portfolio. So, we spoke to Sofia Granlund, the CEO of Stena Real Estate – and asked her why her company has taken such a shine to the Polish office scene.

A statement deal – Tomasz Nowakowski of Lewandpol Group

A few weeks ago, Lewandpol Group hit the headlines with its EUR 107 mln acquisition of the 19,300 sqm Central Point office building in Warsaw city centre from Immobel, marking its entry into the office sector. Does this also mean that the company, which has previously built its reputation by developing solar farms, now intends to become a major player on the Polish commercial real estate scene? We asked Tomasz Nowakowski, the director of real estate at Lewandpol Group for the answers...

Bringing people together

We take the opportunity to talk with Jacek Kostrzewski, the managing director of engineering consultancy Gleeds, to find out how his passion for sport drives his approach to business and how Gleeds views the current shape of the market.

Laying the groundwork for success

Monting Development, a company set up by Danilo Djurović and Poland’s most famous footballer Robert Lewandowski, has hit the headlines recently (as well as our own front cover back in December), with the launch of a number of prominent residential projects in Warsaw and Gdańsk. Now, Jarosław Fiutowski has joined the developer as COO. So, in our latest exclusive interview, we spoke to him about what he will be bringing to the developer and what he hopes to achieve

The French connection

With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the president and CEO of Data4 to quiz him on his plans for Poland and the region.

Compelling reasons to invest in Polish offices

French investor Arkéa REIM hit the headlines recently with its acquisition, through the SCPI Transitions Europe fund it manages, of the Brain Park A office building in Kraków. This followed the 2024 purchase of Lastadia Office in Szczecin by the fund. So, in our latest exclusive interview, we spoke to the company's CEO, Yann Videcoq, about why he feels so confident about these particular properties and the office markets in Poland’s regional cities.

23 February 2026

Our plans are ambitious

Recently, Martin Ohly was appointed to the newly created position of head of Germany at 7R, so what better opportunity could there be to find out about what the Polish warehouse developer plans for the German market?

18 February 2026

Our plans are ambitious

Recently, Martin Ohly was appointed to the newly created position of head of Germany at 7R, so what better opportunity could there be to find out about what the Polish warehouse developer plans for the German market?

17 February 2026

From Tallinn to Dubrovnik

Eleport is developing a fast-charging corridor along Amber Road. So, we spoke with Michał Małecki, the chief revenue officer at Eleport, about the project.

16 February 2026

Bringing something different to leadership

Following the announcement of Simon Durkin as the new CEO for ULI Europe, we caught up with him to find out what he envisions for the organisation.

09 February 2026

Understanding the building

Many commercial buildings today operate using technologies that generate unnecessary costs and increase energy-related risks. Instead of simple, ad-hoc upgrades, a tailored approach based on audits, data, and a real return on the investment is gaining importance. What does such an approach look like in practice? Piotr Miodek, the vice-president of the Kabar Group, tells us all about this.

05 February 2026

Hungary exit - the right decision

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

27 January 2026

BIM now mainstream

The year 2025 clearly demonstrated that BIM methodology and technology have already entered companies on a large scale. Aleksandra Zielazna-Pawlukiewicz, head of the BIM department at SRDK Studio, reveals her views on the development of this field in the near future.

16 January 2026

What is driving the spate of lease renewals

In recent quarters, a cautious attitude among tenants has become increasingly evident in the commercial real estate market. As Marek Ciunowicz, founder and CEO of Corees Polska, notes, changes in work patterns, rising operating costs, and limited space availability are forcing companies to consider offices in a different decision-making cycle than before the pandemic

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Conferences

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Magazine

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Edition 10 (310) October 2026

Latest comments

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Categories

Architecture and urban planning

Praga to tower up over Warsaw

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 ...

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Construction

13 October 2026

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Not only for horses

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07 October 2026

Data centres could supply more heat to Polish cities

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02 October 2026

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15 September 2026

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12 January 2023

This is the end

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22 September 2020

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ESG

08 October 2026

A green office is more than a certificate

More than 97 pct of newly developed office space in Poland is environmentally certified. Certification has therefore become standard, while the buildi ...

05 October 2026

Wrocław Fashion Outlet cuts energy usage by 14 pct

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Eurobuild Awards

16 September 2026

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05 December 2025

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27 November 2024

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02 October 2025

The power of community

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06 October 2026

The October and Expo Real edition of Eurobuild is now out!

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13 October 2026

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12 October 2026

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28 September 2023

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Nansen Refugee Award goes to Poland!

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20 September 2023

Cromwell granted €66m green loan for Janki

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21 September 2026

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16 September 2026

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Leadership change at Nepi Rockcastle

10 February 2026

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Port Polska and Kielce plan cargo terminal

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New railway station planned for Łapy

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ING Hubs Poland opens new HQ in The Form

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Panattoni enlarges its Swedish portfolio

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17 January 2025

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14 October 2026

Capgemini doubles office space at Business Garden Warsaw

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14 October 2026

Panattoni Park Bytom fully leased ahead of completion

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14 October 2026

LemonTree starts work on 30,000 sqm Stream Kraków development

14 October 2026

MSX Elektronika leases space at MLP Pruszków I

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Don`t miss out the current edition

Magazine

Edition 10 (310)

October 2026

Expositions for the Expo

Welcome to the October 2026 issue of Eurobuild CEE, which, as you may know if you are now reading this in Munich, has be ...

Multidimensional thinking

RINA Prime, which entered the Polish market in 2023 through the acquisition of a majority stake in Polish Properties, wa ...

Poland’s retail market picks up pace

Poland’s retail market gained significant momentum in the second quarter of 2026, with around 150,000 sqm of new space d ...

Energy, automation and adaptability

Eurobuild’s 22nd Warehouse and Logistics CEE Conference took place at the Radisson Collection Hotel on September 14th – ...

CEE matures as capital changes direction

We spoke with Tomasz Stasiak, the managing partner of Wolf Theiss in Poland and head of the real estate and construction ...

Back to the 3 Ls

As the European real estate market converges on the last big trade fair of the year, we spoke to Georg Blaschke, the Hea ...

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