Office & mixed-use development
The Upper One complex in Warsaw under development by Strabag Real Estate has been topped off. Completion of the wor is scheduled for 2027.
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Retail & leisure
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
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
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
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
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’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
The Polish Chamber of Commercial Real Estate (PINK) has published figures on the office market in Warsaw for Q1 2026.
Investment & finance
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
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
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.
Office & mixed-use development
The average total office fit-out costs in Bucharest slightly increased in 2025 to EUR 1,077/sqm, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the EMEA Fit-Out Cost Guide 2026. However, Bucharest remains one of the most affordable markets in Central and Eastern Europe, with fit-out costs 18 pct and 15 pct lower than in Warsaw and Prague, respectively.
Warehouse & industrial
Italian food importer IF&B Mille Sapori has joined the tenants of MLP Pruszków II. The 4,100 sqm lease was brokered by Coldwell Banker Commercial. The building is scheduled for completion in October this year.
Warehouse & industrial
Construction of a BTS facility within Panattoni Park Sosnowiec V is underway. A modern 11,000 sqm warehouse is being built for InPost, the Paczkomat parcel locker network. The work is set to be completed later this year.
Investment & finance
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.
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.
Office & mixed-use development
Recently, the Golden Star Estate team leased a total of around 2,400 sqm within the Oxygen Park development on Al. Jerozolimskie in Warsaw. Agreements were renewed with three existing tenants, while two new leases were also signed.
Warehouse & industrial
Swedish-based Thule Group is to open an automated high-bay warehouse in Krzyż Wielkopolski to serve as a central distribution hub for Europe and selected international markets. The centre will be built in partnership with Mecalux.
Warehouse & industrial
The Stokrotka chain has leased 4,100 sqm of warehouse and office space at Fortress Logistics Park Gdańsk. This is Stokrotka's second lease with Fortress, having previously also taken up space in Fortress Park Bydgoszcz.
Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought the Hotel Vier Jahreszeiten Kempinski Munich in 1970.
The Czech hotel market is building on an exceptionally strong year in 2025, marked by a significant increase in transaction volumes and investor interest. According to Cushman & Wakefield, a total of 16 hotels were sold in the Czech Republic, representing 2,989 rooms and a total transaction volume of EUR 764 mln. Based on available data, this represents the highest annual transaction volume ever recorded on the Czech hotel market.
Mercure has signed a contract to develop a hotel in Craiova and has also announced it is to open the Mercure Oradea hotel.
Construction work on a hotel has been launched in the Wrzeszcz district of Gdańsk. Lithuanian 1 Asset Management is the investor and the developer is the Gdańsk-based Upside Property.
ibis Styles has announced the opening of the ibis Styles Tbilisi Mziuri Park in one of the city's greenest districts, next to the historic Wine Factory district and Chavchavadze Avenue.
Mercure, a brand owned by the Accor Group, has opened the Mercure Bucharest Cantemir in the centre of the city. The brand is also planning to debut in Oradea as well as in Khiva in Uzbekistan in 2026.
The Swissôtel chain has announced the opening of its first hotel in the Czech Republic in the spa town of Mariánské Lázně.
The façade of the Minter townhouse, in the Port Praski development in Warsaw, has been unveiled, restoring its Art Nouveau style.
The comprehensive renovation of the Novotel Praha Wenceslas Square has been completed. The work included 146 guestrooms, the lobby, the fitness centre, the swimming pool, the wellness area, and the conference room.
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last year, according to the latest EMEA Hospitality report published by Colliers.
Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.
Leading aparthotel operator Staycity Group and international investment firm Solida Capital has announced a strategic partnership for the development of a new Staycity Aparthotel in Warsaw, marking Staycity’s entry into the Polish market.
Occupancy rates increased by around 4 pct in the first six months of the year compared to the same period of 2024, according to a report by Cushman & Wakefield Echinox with the figures based on the STR data. The average daily rate (ADR) grew by circa 8 pct in local currency. This resulted in a spectacular 12 pct increase in RevPAR YTD 2025 versus 2024.
Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is only responsible for managing the section where the Leonardo Royal Warsaw hotel operates.
The De Silva Inn Opole is now open. This is Poland's largest fully self-service hotel with a usable area of around 4,000 sqm.
The Mercure Hotels & Resorts chain has opened its first hotel in Transylvania. The Mercure Alba Iulia has 118 rooms as well as modular meeting spaces.
The value of the hotel and spa services market in Poland increased by 16.7 pct year-on-year in 2024, reaching PLN 7.8 bln. According to KPMG, this trend is consistent with the broader, global recovery of the tourism sector.
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone of EUR 100.
Peninsula Property has signed a contract with Doraco to build The Elements Resort, a condohotel in Dźwirzyno on the Baltic sea.
Marriott International has announced plans to double its portfolio of Four Points Flex by Sheraton hotels across Europe by the end of 2026.
CBRE and 4CF have been selected as strategic advisors for the Airport City project, part of the Port Polska development programme. The two companies w ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
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 presiden ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The latest report by Colliers charts the expansion of airport capacity in the region and its impact on commercial real estate, particularly hotels, re ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
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 ex ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
The Upper One complex in Warsaw under development by Strabag Real Estate has been topped off. Completion of the wor is scheduled for 2027.
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
The Napollo Group has appointed Kalter as the general contractor for a residential project. In the first stage of the Mono estate, two buildings are t ...
Dutch discount chain Action has joined the tenants in the Wiślany Square shopping centre under construction in Warsaw's Siekierki district, with a lea ...
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 ...
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 ope ...
A good foundation from which to grow
A good foundation from which to grow
CBRE
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Zero-emission, zero-backup? The resilience gap in modern building standards
Zero-emission, zero-backup? The resilience gap in modern building standards
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Strong warehouse sector whilst capital cautious and offices yet to rebound
Strong warehouse sector whilst capital cautious and offices yet to rebound
Newmark Polska
Poland’s commercial real estate market enters 2026 in good health and with solid growth potential. Warehouses remain one of the strongest sectors in Europe, while constrained ...