Poland The importance of resilience

Investment & finance
Geopolitical tensions, a volatile economic environment, constant supply chain disruption, and the march of technology are changing the reasoning behing location decisions. According to JLL, alongside cost efficiency, a second priority has emerged in the commercial real estate market: resilience.
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Dual-use in real estate, or two levels of resilience

Resilience is strategically important on two levels – defensive and offensive. The first refers to the ability to maintain business operational continuity. The second concerns the ability to unlock and leverage development potential, such as the potential inherent in new technology, as levers for accelerated, exponential growth.

Just a few years ago, location decisions were based primarily on assessing current operational efficiency. Today, we are observing a clear paradigm shift – economic resilience in a business is the ability to maintain business continuity in conditions of growing geopolitical uncertainty. The debate at the East x West Forum 2026 clearly demonstrated that concepts such as compatibility and integration already apply to the entire economic ecosystem. The voices of leaders from Palantir, Google, BAE, and Stanford University were incredibly inspiring, speaking about the exponential acceleration offered by AI-based technologies today. At JLL, we share this view – we leverage our knowledge, market data, and the latest LLM models to support partners from the investment, energy, and real estate sectors to navigate this transformation as best as possible.
Mateusz Bonca, CEO, JLL in Poland

Shifting from Cost Efficiency to Resilience

When deciding on locations for data centres, R&D hubs, and logistics platforms, geopolitical and institutional stability as well as energy potential, and infrastructure readiness plays an increasingly important role. Cost efficiency is not disappearing from the equation, but it is no longer the only variable. JLL points out that dual-use in real estate means assets that protect against threats and mitigate risk while enabling growth.


Today, warehouses, production plants, and data centres are no longer solely real estate assets; they are a component of a country's economic resilience and operational security. Factors such as political stability, access to energy, good transport infrastructure, and the ability to service critical sectors – from advanced manufacturing to security technologies – are becoming even more important to investors. Poland meets all these conditions and has the potential to become a major investment hub between East and West, especially in the area of ​​dual-use projects. We are already involved in such projects, implemented in the south of the country.
Artur Pakuła, head of project & development services and Tétris Design & Build for the northern cluster, JLL

Warehouse Real Estate Market a Leading Beneficiary of Change

The industrial real estate market will be a clear beneficiary of the new paradigm. JLL estimates that the current stock of modern warehouse space in Poland, which currently stands at 40 mln sqm, could increase by another 20-30 mln sqm over the next 10 years. The expansion of warehouse infrastructure will be driven, among other things, by modern projects addressing the needs of security and stability in supply chains. Poland combines market maturity with continued significant expansion potential, which supports the need to integrate it into long-term business development plans. Its strategic location (a key logistics hub in Central and Eastern Europe), modern and rapidly growing transport infrastructure, and access to skilled labour are also important factors. These factors ensure that the Polish market meets the needs of companies seeking locations that combine stability with growth prospects.

Poland has just become one of the world's 20 largest economies, which, above all, sends a strong signal to investors that Poland has reached a level of maturity and stability that supports long-term business growth. It is clear that Poland's economic development directly translates into the growing importance of the industrial real estate leasing sector. I am convinced that if the current economic trends are maintained and this segment continues to grow, Poland will continue to strengthen its position in Europe, and the rental market will remain one of the key beneficiaries.
Przemysław Dutkiewicz, senior director, business development, JLL

Local content is key to developing dual-use potential

According to the CEO of JLL in Poland, fully using this dual-use potential will require the broadest possible engagement of local knowledge and resources. To make this possible, it will be crucial to ensure the transparency of the defence sector to allow Polish companies to truly compete in the market.

To fully realise the enormous potential of dual-use, demystification"and greater transparency of the defense sector are crucial. This is the simplest path to increasing local content. Polish companies, knowing the rules of the game, can offer innovative solutions and adapt their assets to the state's resilience strategy. Therefore, it is crucial to continue building platforms for expert collaboration. Our role at JLL is to actively support this process and translate strategic defence goals into the language of specific, profitable real estate projects.
Mateusz Bonca

Latest news

Investment & finance

Poland The importance of resilience

schedule 17 April 2026
Opr./edited by AH

Geopolitical tensions, a volatile economic environment, constant supply chain disruption, and the march of technology are changing the reasoning behing location decisions. According to JLL, alongside cost efficiency, a second priority has emerged in the commercial real estate market: resilience.

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schedule 30 March 2026
Opr./edited by NN

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Retail & leisure

Poland Kasztelania growing bigger

schedule 17 April 2026
Opr./edited by AH

The second stage of the Kasztelania retail park in Chrzanów will open in June. The park first opened in 2020.

Investment & finance

Czech Republic Logport and J&T Real Estate buy land in central Prague

schedule 17 April 2026
Opr./edited by AH

A consortium led by JSK Investments and Notino has sold Lusima AD Property, the owner of 3.7 ha on ul. Spojovací, to a joint venture between developers Logport and J&T Real Estate.

Infrastructure

Poland Hill International to work on Central Communication Port

schedule 17 April 2026
Opr./edited by AH

The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The winning bid of PLN 1.59 bln was submitted by a consortium led by Hill International.

Warehouse & industrial

Poland LPP to open in Tczew

schedule 17 April 2026
Opr./edited by AH

LPP is to open a logistics centre in Tczew entirely devoted to its online sales in Q1 2027.

Office & mixed-use development

Poland No more supply this year

schedule 17 April 2026
Opr./edited by AH

In the first quarter of 2026, the Warsaw office market had a low vacancy rate of 9.5%, according to the latest data from CBRE.

Warehouse & industrial

Bulgaria Metro to open in Sofia

schedule 17 April 2026
Opr./edited by AH

CTP has signed a long-term agreement with Metro, an international wholesale operator. The tenant will occupy 25,000 sqm of warehouse space at CTPark Sofia West.

Investment & finance

Poland Investment maintains positive momentum

schedule 17 April 2026
Opr./edited by AH

2024 saw a return to stability, a trend that persisted throughout 2025 according to the latest figures from Avison Young. The beginning of 2026 saw a strong volume of closed transactions, marking a promising start to the year. Total investment volume increased to over EUR 1 bln, reflecting a strong resurgence in market activity. This positive momentum is expected to continue into 2026, supported by an overall positive Polish real estate market outlook among investors.

Office & mixed-use development

Poland Upper One meets its upper limit

schedule 16 April 2026
Opr./edited by AH

The Upper One complex in Warsaw under development by Strabag Real Estate has been topped off. Completion of the wor is scheduled for 2027.

Retail & leisure

Poland Action to enter Wiślany Square

schedule 16 April 2026
Opr./edited by AH

Dutch discount chain Action has joined the tenants in the Wiślany Square shopping centre under construction in Warsaw's Siekierki district, with a lease of nearly 900 sqm.

Investment & finance

Germany GTC refinances German portfolio

schedule 16 April 2026
Opr./edited by AH

GTC has signed a EUR 148.8 mln loan agreement with Berlin Hyp to refinance the bulk of its German residential portfolio and support further capital expenditure in selected assets. The new facility matures in 2031 and replaces the existing loan previously provided by another financing institution, extending the debt maturity profile of the Group and further strengthening its long-term financing structure.

Office & mixed-use development

Poland The Shire Coworking in the Waterfront

schedule 16 April 2026
Opr./edited by AH

Coworking operator The Shire will join the tenants of Vastint's Waterfront development in Gdynia this September with more than 1,800 sqm on the third and fourth floors at ul. Waszyngtona 13A.

Retail & leisure

Poland Osada to open in Żyrardów

schedule 16 April 2026
Opr./edited by AH

The Osada shopping and service centre in Żyrardów is to open in a number of days. The park developed on a site of around 10 ha and will eventually have nearly 35,000 sqm of leasable space. The opening of the first stage of the project is scheduled for a few days.

Warehouse & industrial

Germany Goodcang takes 100,000 sqm from Garbe

schedule 16 April 2026
Opr./edited by AH

Garbe Industrial Real Estate has leased a total of nearly 100,000 sqm of logistics space in Germany to Goodcang Logistics, an e-commerce logistics operator.

Investment & finance

Poland EUR 1 bln transaction volume

schedule 16 April 2026
Opr./edited by AH

Poland’s investment market has started 2026 with the highest transaction volume since 2022. According to Colliers’ estimates, total investment turnover in the first quarter of 2026 reached EUR 1 bln, representing a 40 pct year‑on‑year increase. The quarter was also marked by strong transactional liquidity, with 26 deals completed across 54 properties. Over the coming months, Colliers expects a continued recovery in investment activity.

Office & mixed-use development

Poland Only two buildings completed Q1

schedule 16 April 2026
Opr./edited by AH

The Polish Chamber of Commercial Real Estate (PINK) has published figures on the office market in Warsaw for Q1 2026.

Investment & finance

Poland Record start to year

schedule 15 April 2026
Opr./edited by AH

In the first quarter of 2026, the investment volume in the Polish commercial real estate market totalled more than EUR 1 biln. This was the best opening of the year in four years, according to the latest data from JLL.

Office & mixed-use development

Poland Nowy Rynek now a certified shelter

schedule 15 April 2026
Opr./edited by AH

Nowy Rynek C in Poznań, developed by Skanska Commercial Development Europe, is the first office building in Poland certified to be in compliance with the requirements for a Category 1 protective concealment structure. The assessment was conducted by a team from the Military University of Technology.

Investment & finance

Poland EUR 165 mln from Apollo

schedule 15 April 2026
Opr./edited by AH

Crestyl Group and Spravia have announced that the funds managed by Apollo, a global asset management firm, have entered into a financing agreement with Spravia worth EUR 165 mln. Griffin Capital Partners acted as a minority co-investor alongside Apollo Funds.

Latest in Investment & finance

schedule 17 April 2026

The importance of resilience

Geopolitical tensions, a volatile economic environment, constant supply chain disruption, and the march of technology are changing the reasoning behing location decisions. According to JLL, alongside cost efficiency, a second priority has emerged in the commercial real estate market: resilience.

schedule 17 April 2026

Logport and J&T Real Estate buy land in central Prague

A consortium led by JSK Investments and Notino has sold Lusima AD Property, the owner of 3.7 ha on ul. Spojovací, to a joint venture between developers Logport and J&T Real Estate.

schedule 17 April 2026

Investment maintains positive momentum

2024 saw a return to stability, a trend that persisted throughout 2025 according to the latest figures from Avison Young. The beginning of 2026 saw a strong volume of closed transactions, marking a promising start to the year. Total investment volume increased to over EUR 1 bln, reflecting a strong resurgence in market activity. This positive momentum is expected to continue into 2026, supported by an overall positive Polish real estate market outlook among investors.

schedule 16 April 2026

GTC refinances German portfolio

GTC has signed a EUR 148.8 mln loan agreement with Berlin Hyp to refinance the bulk of its German residential portfolio and support further capital expenditure in selected assets. The new facility matures in 2031 and replaces the existing loan previously provided by another financing institution, extending the debt maturity profile of the Group and further strengthening its long-term financing structure.

schedule 16 April 2026

EUR 1 bln transaction volume

Poland’s investment market has started 2026 with the highest transaction volume since 2022. According to Colliers’ estimates, total investment turnover in the first quarter of 2026 reached EUR 1 bln, representing a 40 pct year‑on‑year increase. The quarter was also marked by strong transactional liquidity, with 26 deals completed across 54 properties. Over the coming months, Colliers expects a continued recovery in investment activity.

schedule 15 April 2026

Record start to year

In the first quarter of 2026, the investment volume in the Polish commercial real estate market totalled more than EUR 1 biln. This was the best opening of the year in four years, according to the latest data from JLL.

schedule 15 April 2026

EUR 165 mln from Apollo

Crestyl Group and Spravia have announced that the funds managed by Apollo, a global asset management firm, have entered into a financing agreement with Spravia worth EUR 165 mln. Griffin Capital Partners acted as a minority co-investor alongside Apollo Funds.

schedule 15 April 2026

a&o takes on EUR 874 mln in refinancing

a&o Hostels, Europe’s largest and fastest growing hostel chain with around 30,000 beds under management, has completed an EUR 874 mln refinancing facility provided by funds managed by Apollo, secured against its portfolio of 44 high performing hostels across 32 of Europe’s leading business and leisure hubs.

schedule 14 April 2026

Polish investors enter the scene

2026 will bring a further increase in the importance of Polish capital in the commercial real estate market. Transactions worth nearly EUR 1 bln were completed in Q1, according to data from Colliers – the highest figure since 2022 and 40 pct more than in the previous year. The figures suggest a lasting shift in the structure of investment demand and a new market hero: Polish capital.

schedule 13 April 2026

No one to take over

More than half of the 200 leading development companies in Poland are family-owned businesses with domestic capital. The vast majority of them are managed by individuals aged 50 or over, who have not yet announced official succession plans. When no successor is available within a family, the owners of these companies may be forced to sell their businesses, state JLL Living and Crido in their latest 'Mergers and Acquisitions in the Polish Housing Market' report.

schedule 13 April 2026

Poland continues to attract investment

Poland is among the top European countries attracting investor interest. One of the reasons is an expected increase in value from commercial real estate investments due to pressure on rental rates, states CBRE in its '2026 Poland Real Estate Market Outlook' report.

schedule 13 April 2026

Principal buys industrial asset in Kraków

Principal Asset Management has expanded its Polish portfolio with the acquisition of a 16,281 sqm industrial property in Kraków, in a sale-and-leaseback transaction on behalf of the LOG IN fund managed by Theoreim.

schedule 09 April 2026

EPP secures EUR 323.9 mln in financing

EPP has secured a EUR 323.9 mln loan to refinance existing debt on its fully-owned shopping centre portfolio. The financing covers King Cross Marcelin in Poznań, two assets in Szczecin (Galaxy and Outlet Park), and Pasaż Grunwaldzki in Wrocław.

schedule 08 April 2026

Panattoni takes on EUR 22.5 mln in financing from Pekao

Panattoni has secured EUR 22.5 mln in financing from Pekao to develop a factory for ZREW Transformatory. 

schedule 07 April 2026

CEE investment volume hits record high

According to the latest data from Cushman & Wakefield, the total value of investment transactions in Central and Eastern Europe in 2025 reached approximately EUR 11.8 bln, representing a 34 pct year-on-year increase and the highest annual figure since 2019.

schedule 07 April 2026

Develia buys imperial shipyards

Polish residential developer Develia has signed a preliminary agreement to buy the Stocznia Cesarska development from Belgian developers Alides and Revive. Alides and Revive acquired the 16-hectare site in 2017.

schedule 31 March 2026

7R places PLN 52 mln bond issue

7R has issued series D bonds with an aggregate nominal value of PLN 52 mln. The bonds will mature in three years and carry an interest rate of 4.25 pct plus the WIBOR GM. T7R has issued series D bonds with an aggregate nominal value of PLN 52 mln. The bonds will mature in three years and carry an interest rate of 4.25 pct plus the WIBOR GM. The bonds were placed with institutional investors and selected high-net-worth individual investors.

schedule 31 March 2026

Czechs snap up Royal Wilanów

Capital Park Group has sold the Royal Wilanów complex in Warsaw to Czech real estate fund WOOD & Company for more than EUR 100 mln. The building comprises 37,000 sqm of leasable space and is fully commercialised.

schedule 30 March 2026

Accolade and Conseq buy into Kaufland centre

Accolade and Conseq have finalised the purchase of a modern BTS distribution centre fully-leased to the Kaufland grocery chain. The purchase was supported by mBank with an acquisition loan of EUR 22 mln.

schedule 24 March 2026

Quick Park sold

Mitiska REIM has announced on behalf of the MEREP 3 fund the acquisition of Quick Park Mysłowice. This latest development was acquired in partnership with Karuzela Holding, Mitiska REIM’s joint venture partner in Poland.

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Edition 3 (306) March 2026

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