CEE region Hungary exit - the right decision

Exclusive
Exclusive
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
Why was the decision taken in 2023 to downgrade the Hungarian market to non-core? We are an active owner and are constantly evaluating our portfolio and outlook on market fundamentals. Political stability, rule of law, and open markets are definitely something we consider when looking at the macro exposure of markets we operate in, though also a country’s overall productivity, innovation, consumer markets, access to energy, finance, and overall fiscal health. It is in line with our corporate
Already have an account? Log in
86% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
  • Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
  • Access to EurobuildCEE magazine edition online & flipbook version
  • Exclusive news, comments, articles and interviews with the most important market representatives and experts
  • Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
  • Eurojobs
  • Eurobuild FM

Latest news

Warehouse & industrial

Poland Work starts on refrigerated warehouse park

schedule 19 March 2026
Opr./edited by AH

Construction of a modern Greenyard refrigerated logistics centre at the Marq Logistics Centre in Gliwice has begun. The warehouse will be operational by the end of the year.

Office & mixed-use development

Poland Pekao enters Sky Tower

schedule 19 March 2026
Opr./edited by AH

A Pekao S.A. Bank customer service point has opened in Wrocław's Sky Tower building. The branch occupies over 300 sqm with an entrance on ul. Powstańców Śląskich.

Warehouse & industrial

Poland Rittal takes on 3,100 sqm

schedule 19 March 2026
Opr./edited by AH

Segro has signed another lease agreement with Rittal, a global supplier of control cabinet systems. Rittal is expanding its space at Segro Logistics Park Stryków by an additional 3,100 sqm.

Investment & finance

Romania AI now transforming real estate

schedule 19 March 2026
Opr./edited by AH

The influence of artificial intelligence on the real estate market is growing, transforming not only the way buildings function but also how they are valued, leased, and sold, according to the 'The Impact of AI on the Built World' report by Cushman & Wakefield Echinox.

Warehouse & industrial

Poland Uniq takes 14,000 sqm

schedule 19 March 2026
Opr./edited by AH

Logistics operator Uniq Logistic has leased 14,000 sqm of warehouse space in the Hillwood Zgierz II logistics centre, including 145 sqm of office and social space.

Office & mixed-use development

Poland Cushman & Wakefield take on Alchemia

schedule 19 March 2026
Opr./edited by AH

Cushman & Wakefield has been appointed the exclusive leasing agent responsible for the Ferrum and Titanium towers within the Alchemia office complex in Gdańsk's Oliwa district. The buildings are owned by Polski Holding Nieruchomości.

Warehouse & industrial

Poland Kvadrat Acoustics enters Panattoni Park Poznań East II

schedule 19 March 2026
Opr./edited by AH

Acoustic panel manufacturer Kvadrat Acoustics will occupy 10,000 sqm at Panattoni Park Poznań East II.

Warehouse & industrial

Romania Hranipex takes up 3,000 sqm

schedule 19 March 2026
Opr./edited by AH

Furniture fitting supplier Hranipex has leased around 3,000 sqm of warehouse space at CTPark Bucharest South. The newly-leased space is used for the storage and distribution of furniture components to serve customers across Romania.

Residential

Poland Residential market ready for consolidation

schedule 18 March 2026
Opr./edited by AH

Rising land costs, the need to rapidly scale operations, and company succession challenges will lead to a wave of mergers and acquisitions over the coming years, according to the 'Mergers and Acquisitions in the Polish Residential Market' report published by JLL Living and Crido.

Office & mixed-use development

Poland Five new tenants announced for Fuzja

schedule 18 March 2026
Opr./edited by AH

The Fuzja complex on ul. Tymienieckiego in Łódź has leased retail and service space to five new tenants including to a new restaurant, a wine bar, a florist's, and a beauty salon. The openings are scheduled for April and May.

Investment & finance

Poland Investment returns

schedule 18 March 2026
Opr./edited by AH

According to Joanna Sinkiewicz, managing director of Accolade in Poland, this year's MIPIM trade fair in Cannes saw significantly more talk about specific projects and potential transactions compared to last year.

Warehouse & industrial

Poland Hillwood signs up Yoer

schedule 18 March 2026
Opr./edited by AH

Household appliance manufacturer Yoer has leased nearly 5,000 sqm in the Hillwood Poznań-Czempiń warehouse complex.

Events

Poland Investment Conference fast approaches

schedule 18 March 2026
Opr./edited by AH

On March 26th in the NYX Hotel in Warsaw, the 12th Eurobuild Commercial Real Estate Investment Conference is to be held to examine the investment market across Poland and the broader CEE region. The event is to be attended by investors, developers, financial institutions and consultants to discuss the current condition of the market and predictions for the coming years.

Retail & leisure

EMEA region Retail improves across the region

schedule 18 March 2026
Opr./edited by AH

The outlook for the region’s retail landscape is improving as consumer confidence, spending, and investor sentiment continue to stabilise after several years of economic variability, according to the findings of ‘EMEA Retail Snapshot – March 2026’ published by Colliers.

Warehouse & industrial

Germany Patac comes to Duisburg

schedule 18 March 2026
Opr./edited by AH

Logistics operator Patac has signed a 7,300 sqm lease agreement with Garbe Industrial for space in the Multi-User Park in Duisburg. 

Technology

Poland Skanska installs NHIB in Studio A

schedule 18 March 2026
Opr./edited by AH

Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its Studio A office development in Warsaw. StarNet Telecom, in collaboration with technology partner Vector, was responsible for the design and installation of the system.

Office & mixed-use development

Poland Record-breaking annual take up in Kraków

schedule 17 March 2026
Opr./edited by AH

According to the latest ‘Kraków Office Market 2025’ by Axi Immo, the Kraków office market closed 2025 with high demand and a clear division between central and non-central locations. According to Axi Immo, tenant activity reached 270,000 sqm, its highest ever recorded figure, while new supply came to just 10,000 sqm.

Office & mixed-use development

Poland SB Software stays on in Black Pearl

schedule 17 March 2026
Opr./edited by AH

SB Software has renewed its 700 sqm office lease in the Black Pearl building in Szczecin, owned by Idea-Inwest. 

Warehouse & industrial

Poland Geodis signs up with Prologis

schedule 17 March 2026
Opr./edited by AH

Global logistics provider has leased 9,600 sqm of warehouse and office space at Prologis Park Teresin. The agreement includes 200 sqm of office space, which Prologis will fully adapt to Geodis's needs.

Warehouse & industrial

Poland Sellpy moves to Wrocław Campus 2

schedule 17 March 2026
Opr./edited by AH

Second-hand online goods trader Sellpy has leased a distribution warehouse in Pannatoni Wrocław Campus 2. Sellpy, a digital platform for secondhand and other products, will launch a distribution warehouse in Wrocław, occupying approximately 38,000 sqm.

Latest in Exclusive

schedule 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?

schedule 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?

schedule 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.

schedule 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.

schedule 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.

schedule 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

schedule 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.

schedule 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

schedule 19 December 2025

More than just opening doors

In our latest exclusive interview, Eurobuild speaks to Maciej Grabowski, the founder of Blue Bolt, which provides a mobile access platform for buildings, about how such systems have become more sophisticated over the years and why they now play a vital role in building management.

schedule 13 November 2025

More than machines

Adrian Winiarek, Partner and Development Director at MDC2, shares his expert insights on how technology and infrastructure come together in modern warehouses.

schedule 13 October 2025

The voice of the younger generation

In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed as the new chair of ULI Poland Young Leaders. The programme, which is aimed at professionals under 35, supports young people, enabling them to acquire knowledge, build networks, and participate in ULI’s international initiatives.

schedule 09 October 2025

EGLS enters the scene

European Green Logistics Space has been attending its first-ever Expo Real. And so, in Munich we spoke to Ian Worboys, the founder and CEO, and Marta Gorońska, the Poland investment and development director, about how the company intends to establish itself as a major new player in the logistics real estate sector - and we also asked them about their takeaways from Expo!

schedule 01 October 2025

The cost of going green

We took the opportunity to talk to Katarzyna Chwalbińska-Kusek, the head of ESG and sustainability at Baker Tilly TPA, about the costs of going green.

schedule 25 September 2025

Katarina Horváthová of Manova Partners

The big recent deal was the sale of the Vibe A office building in Warsaw by Ghelamco to Manova Partners - in the platform's first Polish acquisition. And so, we spoke to Katarina Horváthová, the CEE head of transactions and Czech Republic country head of Manova Partners to find out about the company's long-term plans and about its unusual employee-owned structure.

schedule 23 September 2025

Antonio Pomes of Revetas Capital

In our latest exclusive interview, ‘EurobuildCEE’ speaks to Antonio Pomes, the director and Poland country head of portfolio management of Revetas Capital, about the success of Bonarka for Business, the state of the office markets in Poland’s cities, and why Revetas is shifting its focus onto PRS

schedule 11 September 2025

Building momentum for the future

The Bricomarché chain is celebrating its 25th anniversary in Poland. On this occasion, we speak with Katarzyna Jańczak-Stefanide, General Manager of the chain in Poland.

schedule 03 September 2025

Ziv Zviel of Atlas Estates

Atlas Estates, which invests in real estate across the CEE region, recently secured a major refinancing loan for the Warsaw Hilton Hotel. And so, we spoke exclusively to Ziv Zviel, the CEO of Atlas Estates, about this particular asset, as well as the potential he continues to see in the Polish and CEE real estate markets.

schedule 25 August 2025

Not just for the rich

Tymon Nowosielski, CEO of Eiffage Immobilier Polska, spoke with us about why the housing market can’t revolve solely around the wealthy – and how PRS and social housing will shape the future.

schedule 24 June 2025

Demand for PBSA continues to accelerate

We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, to share her insights on the Polish market. ASK4 is the general partner of the Bonard Poland Property Tour.  

schedule 23 June 2025

More than 15 minutes of fame

As a whole new quarter of downtown Warsaw rises before our eyes, Eurobuild CEE spoke to one of the main people leading this project, Sebastian Kieć, the CEO of AFI Poland, about how Towarowa22 will transform not just the appearance of this area, but also how people live and work there

Read flipbook version

Edition 3 (306) March 2026

Latest comments

Categories

Your order
Your data
Number of access accounts
Each account provides independent access on one device. You will be able to create additional access accounts in the account settings.
Invoicing data
Order summary
Net price
Access accounts #
Net order
VAT (%)
Gross order
Payment security is ensured

Don`t miss out the current edition