EurobuildCEE

Lett takes Gdańsk PRS portfolio to 646 units

14 August 2026

Penta to lead redevelopment of Bubny

Tatra Bank chooses Pribinova 1

Lett takes Gdańsk PRS portfolio to 646 units

Penta to lead redevelopment of Bubny

Tatra Bank chooses Pribinova 1

The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by the Urban Land Institute. Presented in the Arts and Culture category, the award is one of the highest international honours in the real estate and urban planning industry.

Warsaw now a landlord’s market

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.

Work begins on Park Kaszuby

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.

14 August 2026

Penta to lead redevelopment of Bubny

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.

14 August 2026

Van der Vorm launches real estate bridge financing business

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.

EBRD lends NEPI Rockcastle EUR 250 mln

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.

Retail stock breaches 14 mln sqm

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.

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Construction

Poland Polish housing market slows as projects put on hold

Poland’s residential construction market is slowing, with 936 projects put on hold over the past year. Yet investors continue to prepare new projects, with activity in planning and design on the rise. According to Kompas Inwestycji, 1,219 projects reached the foundation stage or moved into construction between August 2025 and July 2026.

Residential

Poland Resi4Rent completes 620-unit PRS development in Wrocław

Resi4Rent has completed a 620-unit PRS development at ul. Bardzka in south-eastern Wrocław. The development is located between the Huby and Tarnogaj districts.

Residential

Poland Atal adds 31 apartments to the Kraków residential market

Atal has added 31 apartments to the Kraków residential market as part of its Zakole Wisły II project. The development is located near ul. Nowohucka. Prices range from PLN 14,100 to PLN 16,900 per sqm before interior finishing.

Poland 7R signs 6,500 sqm lease with Berner Polska in Kraków

7R has signed a long-term lease with Berner Polska for nearly 6,500 sqm at its 7R Hub Nowa Huta logistics and technology development in Kraków.

Poland Warehouse Market Tightens

Poland’s industrial and logistics market entered the second half of 2026 with demand rising and available space continuing to shrink. According to Cushman & Wakefield’s latest MarketBeat report, the vacancy rate fell to 6.6 pct in the second quarter, its lowest level since 2023. Tenants remained active in signing new leases during the first half of the year, while developers continued to take a cautious approach. The value of investment transactions in the logistics sector was also 13 pct higher than a year earlier.

Poland Reino IO Piotrków BTS completed

Reino IO Logistics has completed Reino IO Piotrków BTS, a nearly 27,000 sqm cross-dock logistics centre in Piotrków Trybunalski, central Poland. The investor is the Polish Logistics platform, managed by Reino IO Logistics, while Kajima Poland was responsible for the design and general construction under a design-and-build contract.

Investment & finance

Poland Retail takes a third of Q2 investment

Retail accounted for 36 pct of total commercial real estate investment in both Poland and Italy in Q2 2026, the highest share among the eight European markets reviewed in the latest Focus Estate Fund ‘Quarterly Litmus Paper’. The report points to sustained investor demand for retail parks and food-anchored assets, supported by low vacancy, resilient consumer spending and a constrained supply of high-quality space.

Construction

Romania Planning Code Set to Change Real Estate Market

The Territorial Planning, Urbanism and Construction Code (CATUC) is expected to have a significant impact on Romania’s real estate market. Two measures are likely to be particularly important: tighter limits on how much can be built on a site and a new infrastructure payment, the cost of which has yet to be determined, according to Crosspoint Real Estate.

Poland WSP takes 1,100 sqm at Skyliner II

WSP Polska, a global engineering and consulting firm, has signed a lease with Karimpol Polska for 1,100 sqm of office space on the 12th floor of Skyliner II. The office will house WSP’s engineers and consultants specialising in building services, infrastructure, environmental services and sustainability.

Investment & finance

Poland Lett takes Gdańsk PRS portfolio to 646 units

Cavare by Cavatina will develop a 310-unit PRS project in Gdańsk for Urban Partners’ Lett platform. Once completed, Palio D1 will operate as Lett Stocznia, bringing Lett’s portfolio at the Palio complex to 646 units.

Poland Poland’s Logistics Investment Market Posts Strong First Half

Poland’s industrial and logistics investment market recorded EUR 782 mln in transactions in the first half of the year, across 18 deals. This was 36 pct above the five-year average and the sector’s third-highest first-half investment volume on record, after 2020 and 2021. The strong showing was driven by more than a return of large deals, however. Investors are increasingly prioritising long-term, predictable income, while sale-and-leaseback transactions are becoming an increasingly important way of bringing assets to market.

Poland Warsaw and Regional Office Markets Diverge

Warsaw and Poland’s regional office markets are increasingly moving in different directions. In the capital, strong demand and limited availability of prime space are leaving tenants with fewer options, while greater availability in the regional cities gives companies more freedom to relocate.

Retail & leisure

Poland EV Charging Hub Opens at Manufaktura

Manufaktura in Łódź has opened a new ultra-fast EV charging hub in partnership with Eleport, adding eight new chargers to the complex’s existing charging facilities.

Poland Poland’s Warehouse Demand Hits 2022 High

Poland’s industrial and logistics market entered 2026 with a marked increase in tenant activity. In the first half of the year, demand reached its highest level since 2022, while the vacancy rate fell to its lowest level in more than three years. At the same time, Poland’s total modern warehouse stock approached 37.5 mln sqm, reinforcing the country’s position as the most developed logistics market in Central and Eastern Europe.

More news

Eurojobs CEE

Michał Stankiewicz

Prologis

Bogi Gabrovic

Peakside

Cristina Burlacu

Westin

Poland and the Baltic States

Małgorzata Fibakiewicz

BNP Paribas Real Estate

Katarzyna Gigiel

ISS