Budus withdraws from PLN 53 mln contract

Construction
POLAND Katowickie Przedsiębiorstwo Budownictwa Przemysłowego Budus will not now be building apartments in the Apartamenty Wielicka project on ul. Wielicka in Kraków. The investor behind the project is Warsaw-based company WAN.
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Budus as the general contractor was supposed to build a complex of residential and service buildings, underground car parks and external infrastructure. The contract was worth PLN 53.2 mln. The reason for terminating the contract was Budus’ failure to obtain a guarantee for payment for the construction work. The completion of work had been planned for mid-2013.

Latest news

Office & mixed-use development

Poland One regional office building delivered in Q4 2025

schedule 26 January 2026
Opr./edited by AH

At the end of Q4 2025, the total modern office space stock in the largest eight regional office markets came to 6,724,300 sqm. The largest of these markets were Kraków (1,842,300 sqm), Wrocław (1,337,600 sqm), and the Tricity (1,067,000 sqm), according to data from the Polish Chamber of Commercial Real Estate (PINK) covering Q4 2025. 

Retail & leisure

Poland OTO Park Kłodzko now bigger

schedule 26 January 2026
Opr./edited by AH

Falcon Investment Management has completed the expansion of the OTO Park Kłodzko retail park. The entire complex, including the adjacent Castorama, currently has a gla of over 19,000 sqm.

Infrastructure

Poland Budimex builds more roads

schedule 26 January 2026
Opr./edited by AH

Budimex has obtained a permit to build the seventh section of the S10 expressway between Piecnik and Wałcz in the Western Pomerania region.

Retail & leisure

Poland Smart Play to come to Aleja Bielany

schedule 26 January 2026
Opr./edited by AH

Smart Kids Planet and Aleja Bielany in Wrocław have signed an agreement to create a modern Smart Play Centre (Centrum Mądrej Zabawy). Design work is already underway, and the opening is planned for the fourth quarter of 2026.

Retail & leisure

Poland More tenants in M1

schedule 26 January 2026
Opr./edited by AH

The EPP-managed M1 Łódź shopping centre has announced new tenants with a HalfPrice store (2,200 sqm) and an Itaka travel agency have opened in the centre.

Warehouse & industrial

Poland Vestas comes to CTPark Toruń

schedule 26 January 2026
Opr./edited by AH

Danish wind-turbine manufacturer Vestas Poland is the first tenant to lease space at CTPark Toruń, where it is to open a training centre.

Office & mixed-use development

Poland Waterfront fills up

schedule 26 January 2026
Opr./edited by AH

The second stage of the Waterfront project developed by Vastint Poland in Gdańsk is almost fully leased. MSC Poland has expanded its existing office space in the building, while Marine Cargo Logistic has signed a new lease.

Office & mixed-use development

Hungary More tenants for Millennium Gardens

schedule 26 January 2026
Opr./edited by AH

A logistics company with a portfolio of over 80,000 sqm has leased space in Millennium Gardens in Budapest.

Residential

Poland Agrobex builds in Poznań

schedule 26 January 2026
Opr./edited by AH

Construction work on 50 municipal apartments has begun on ul. Darzyborska in Poznań. The project has been commissioned by ZKZL, and Agrobex Group is the general contractor.

Investment & finance

Poland Polish capital growing stronger

schedule 23 January 2026
Opr./edited by AH

The growing presence of Polish money in the real estate market isn’t just a passing phase – it’s structural. It largely stems from shifts on the investors’ side, according to the speakers at 'Emerging Trends in Real Estate Europe 2026 – Focus on Poland', organised by ULI Poland, PwC and Greenberg Traurig.

Office & mixed-use development

Poland Retail space taken in Swobodna Spot

schedule 23 January 2026
Opr./edited by AH

New tenants are to move into the  Swobodna Spot office building in Wrocław this spring. The Oda restaurant and the Różana bakery will extend the building's dining options. All retail units in the building have already been leased.

Office & mixed-use development

Poland record demand but no supply

schedule 23 January 2026
Opr./edited by AH

The Warsaw office market closed 2025 with one of its highest demand levels in history, while supply fell resulting in a significant reduction in the vacancy rate, according to the Warsaw Office Market Spotlight Q4 2025 by Savills Polska.

Retail & leisure

Poland Cars come to Osowa

schedule 23 January 2026
Opr./edited by AH

Vehicle dealership Janisz Group has entered the Osowa Shopping Centre in Gdańsk, opening a showroom in a 150 sqm unit.

Retail & leisure

Poland dm opens third Łódź store

schedule 23 January 2026
Opr./edited by AH

The dm drugstore chain has opened its third store in Łódź in the Górna Corner Shopping Center on ul. Gen. Jarosława Dąbrowskiego. This is the 73rd dm drugstore in Poland. The store comprises 450 sqm with free parking.

Retail & leisure

Poland Pan Materac comes to Suwalki

schedule 23 January 2026
Opr./edited by AH

The first Pan Materac store in Suwałki has opened in the Suwałki  Big retail park. This is Pan Materac's third store in a Big Poland retail park, having already opened stores in BIG Gorzów and BIG Włocławek.

Retail & leisure

Poland Historic building opens as Biedronka

schedule 23 January 2026
Opr./edited by AH

Centerscape has opened a Biedronka store after the modernisation historic modernist pavilion at ul. Uniwersytecka 12 in Katowice.

Residential

Poland Entering a two-tier market

schedule 23 January 2026
Opr./edited by AH

The last three months of 2035 brought a revival to the Polish housing market. Sales increased, but so did the number of apartments on sale, which is currently at a record high, according to data from JLL and the RynekPierwotny.pl website.

Office & mixed-use development

Poland Omodo Auto takes on more space

schedule 22 January 2026
Opr./edited by AH

Omoda Auto Poland has expanded its lease in the Adgar Park West in Warsaw to 1,200 sqm. The company has a Flexi Lease contract. The company has been a tenant in the centre for just over a year, having previously occupied 800 sqm.

Investment & finance

Poland V Tower refinanced

schedule 22 January 2026
Opr./edited by AH

P. Capital Partners has signed a refinancing deal for V-Tower, a 22-storey office building in central Warsaw that has been renovated and is now being commercialised.

Retail & leisure

Poland TK Maxx stays in Renoma

schedule 22 January 2026
Opr./edited by AH

TJX Poland has extended its lease at the Renoma shopping centre in Wrocław for another five years. The two-storey TK Maxx store occupies over 3,000 sqm.

Latest in Construction

schedule 16 January 2026

Dekpol debuts in Romania with 20,000 sqm logistics park

Dekpol Budownictwo is eentering Romania. In December 2025, the company signed an agreement with a developer to carry out design work for the first stage of a 20,000 sqm logistics park in Bucharest.

schedule 10 December 2025

Construction industry waiting to boom

According to the report 'Polish Construction Companies 2025' prepared by Deloitte, the construction industry continues to play a major role in Poland’s GDP. Its overall condition directly influences national infrastructure development and the real estate market.

schedule 08 December 2025

Warsaw returns another building to its prime

The renovation of a townhouse on ul Targowa in Warsaw's Praga district is nearing completion. The work was funded by the housing association with financial support from the city.

schedule 10 February 2025

2025 looks optimistic for the construction companies

According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction groups in 2023 amounted to PLN 152 bln, which accounted for more than 60 pct of the revenues of the entire sector of medium and large construction companies. 

schedule 02 September 2024

Strabag to build The Arc

Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office property, The Arc. The investment will bring a ten-story, class A office building to the 6th District of Bucharest.

schedule 06 May 2024

Digitalisation to the rescue

In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real estate industry at the moment. In addition, the expert survey focused on the effects of megatrends such as demographic developments, digitalisation and urbanisation.

schedule 08 January 2024

There's hope in the modules

According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated buildings made of wood, steel, concrete, or LECA generated revenue of nearly PLN 10 bln in 2022, with 47 pct of the figure contributed by sales in the modular building segment.

schedule 17 July 2023

Erbud and Daewoo sign five-year MOU

Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement projects in the energy and key industrial, infrastructural and military sectors across Poland.

schedule 03 July 2023

Russian builders enlisted in return for orders

Moscow city authorities have “asked” development and construction companies to enlist their workers to fight in the war in Ukraine in exchange for orders. One of these corporations is to provide the Russian defence ministry with 30 volunteers ready to be posted to the front by the end of August.

schedule 17 April 2023

Skanska to build for CD Projekt

Skanska has been commissioned to construct a new building for Polish video game developer CD Projekt on its main campus in Warsaw’s Praga Północ district.

schedule 02 March 2023

Training centre in Attendorn

Viega has launched an interactive training centre near its headquarters in Attendorn. Over five floors, Viega World occupies a total of 12,000 sqm of space.

schedule 12 July 2022

Frontex opens new HQ tender

Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headquarters in Warsaw.

schedule 22 June 2022

Erbud wins PLN 30 mln WUM contract

Erbud has been awarded a PLN 29.8 mln contract to modernise the Rector’s Office of the Medical University of Warsaw (WUM).

schedule 20 May 2022

Atlas Ward starts work on Szczecin sheds

Atlas Ward Polska has started work on two logistics parks with a total area of over 70,000 sqm on the eastern outskirts of Szczecin for Panattoni.

schedule 11 May 2022

Rex-Bud to build MDC2 Park Gliwice

Polish industrial developer MDC2 has chosen Rex-Bud Budownictwo to be the general contractor for MDC2 Park Gliwice in Upper Silesia.

schedule 29 April 2022

FineTech chosen to complete Lixa

Yareal has commissioned FineTech Construction to be the general contractor responsible for completing the final stages of its Lixa office complex in Warsaw.

schedule 28 April 2022

Prices rise for construction

Prices for building materials in Poland increased by close to 30 pct over the last twelve months according to Savills.

schedule 21 March 2022

Erbud to rebuild Gdańsk shipping infrastructure

Erbud is to reconstruct the Nabrzeże Szyprów shore in Gdańsk for PLN 28.5 mln.

schedule 25 February 2022

Hochtief builds for Warsaw University

Hochtief Polska has completed construction work on an educational building for the University of Warsaw on ul. Dobra for the department of applied linguistics.

schedule 28 January 2022

Financing secured for completion of The Park Kraków

International investor Cain International and its local development partner, White Star Real Estate, have secured a EUR 36 mln loan from PKO BP to complete the development of The Park Kraków.

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Edition 12 (304) December 2025

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