Office & mixed-use development
Kraków’s office market saw a sharp drop in tenant activity in the first half of 2026, while the gap between central and non-central locations continued to widen. Gross take-up fell 58 pct year on year to 73,000 sqm, while net take-up dropped 27 pct to 36,000 sqm, according to Axi Immo’s latest report.
Construction
Cost remains a decisive factor in construction tenders, but investors are increasingly looking beyond the upfront price. For production facilities and warehouses, factors such as delivery time and technical specifications are now being considered alongside a building’s carbon footprint over its entire life cycle.
Residential
Archicom, a developer within the Echo Group, has secured an occupancy permit for the second stage of its Flow residential project in Łódź’s New Centre. More than 80% of the apartments in this stage have already been sold, with mainly one- and two-bedroom units still available.
Residential
Developers are becoming more confident about the residential market after a strong July, according to the latest Developer Sentiment Index from housing portal Tabelaofert. The Sales Momentum Change Index rose to 0.53 in August, its highest level this year, while 57.5 pct of developers surveyed now expect sales to increase over the coming months.
Hotels
Mövenpick has opened its first hotel on Croatia’s Adriatic coast in Novi Vinodolski. The resort includes 198 hotel rooms and suites, as well as 304 privately owned residences, with the first phase already on sale at prices starting from EUR 345,000.
Warehouse & industrial
Bestsecret has leased 108,000 sqm at EQT Park Poznań Żerniki. The agreement was signed by EQT Exeter Europe Logistics Value Fund IV, managed by EQT Real Estate. It is one of the largest warehouse leasing transactions in Poland in 2026.
Retail & leisure
A retail park in Ruda Śląska in Silesia is 100 pct leased prior to its completion by PKB Inwest Budowa.
Office & mixed-use development
Germany’s Federal Financial Supervisory Authority (BaFin) has signed a 15-year lease for approximately 23,000 sqm at RAW Frankfurt. The authority is expected to move in in 2028, following the completion of the landmark property’s redevelopment.
Hotels
Hotel investment transactions in Poland were worth EUR 59 mln in the first half of 2026, down 24 pct year on year. At the same time, Warsaw is expected to be the fastest-growing hotel market among the CEE-6 capitals in terms of room supply in 2026, with a forecast increase of 7.2 pct.
Retail & leisure
BIG Włocławek is strengthening its retail offer. On August 26, a new Sinsay store of nearly 900 sqm opened at the retail park. It is another well-known brand to join the property’s tenant mix.
Construction
Construction material prices are rising significantly more slowly than inflation, with prices in some categories even falling. Despite this, the situation for construction companies remains challenging. The number of corporate insolvencies in the sector rose by 31.3 pct year on year, while the number of restructuring proceedings almost doubled. Weaker demand, high labour costs and pressure on liquidity are among the main challenges facing the industry.
Warehouse & industrial
The first six months of 2026 brought a clear recovery in tenant activity, while developers maintained a cautious approach. Demand for warehouse and industrial space increased by 21.3 pct year on year, while the vacancy rate fell to 6.6 pct, according to the latest Warehouse and Industrial Market in Poland report by advisory firm Newmark Polska.
Investment & finance
The first half of 2026 brought a clear recovery in the Central and Eastern European commercial real estate market. Investors in the six countries analysed completed transactions worth a combined EUR 5.5 bln, up 20 pct year on year. More important than the increase in volume, however, is the return of large deals across multiple sectors and most markets in the region.
Retail & leisure
BIG Poland has officially opened BIG Grodzisk Mazowiecki, completing the rebranding of the former Grodzisk Sfera Park. The retail park offers approximately 11,000 sqm of space and 19 shops and service outlets.
Public buildings
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with the opening scheduled for September 2028.
Retail & leisure
Spanish fashion brand Mango has opened its first store in Zielona Góra and the Lubusz Province. The more than 500 sqm store is in Focus Mall Zielona Góra.
ESG
PAD RES Group has launched two identical solar farms in Biesiekierz municipality, Koszalin district. The installations have a combined capacity of 24 MW.
Office & mixed-use development
The National Heritage Board of Poland (NID) has relocated its headquarters to HOP at ul. Chmielna 132/134 in Warsaw. The institute has leased nearly 3,800 sqm across five floors. Following the deal, the building owned by Syrena Real Estate is 98 pct leased.
Warehouse & industrial
Silverstone is increasing its leased space at Segro Logistics Park Stryków by 38 pct to nearly 5,000 sqm. The company is moving to a larger unit within the park under an extended lease agreement with Segro.
Residential
The private student accommodation sector in Poland had around 16,500 beds at the end of 2025, with a further 7,700 in planning or under construction, according to JLL. Despite growing supply, the market remains significantly undersupplied.
Cost remains a decisive factor in construction tenders, but investors are increasingly looking beyond the upfront price. For production facilities and warehouses, factors such as delivery time and technical specifications are now being considered alongside a building’s carbon footprint over its entire life cycle.
Construction material prices are rising significantly more slowly than inflation, with prices in some categories even falling. Despite this, the situation for construction companies remains challenging. The number of corporate insolvencies in the sector rose by 31.3 pct year on year, while the number of restructuring proceedings almost doubled. Weaker demand, high labour costs and pressure on liquidity are among the main challenges facing the industry.
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.
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.
Work is progressing on the High-Speed Rail (KDP) tunnel in Łódź, part of the Port Polska project. At the launch chamber in Retkinia, the concrete support for the Tunnel Boring Machine (TBM) shield has been completed, while the first components of the machine are being assembled on site. Tunnelling on one of Poland’s most important underground railway projects is due to begin in 2027.
The construction of Poland’s first nuclear power plant has reached an important milestone. Bechtel, the project’s general contractor, is taking over management of the construction site from Polskie Elektrownie Jądrowe (PEJ). At the same time, Budimex, one of Poland’s largest construction companies, has begun the earthworks.
Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massive Port of Poland (or CPK) transport hub, which is being developed between Warsaw and Łódź.
A significant stage in the assembly of the new main building of the Henryk Arctowski Antarctic Station has been completed.
The value of the 960 largest construction projects in Poland is already more than PLN 1 tln and continues to rise, driven by a wave of infrastructure and energy megaprojects.
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 figure is much lower at only 36 pct.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
Cost remains a decisive factor in construction tenders, but investors are increasingly looking beyond the upfront price. For production facilities and ...
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.
While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According ...
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 ...
PAD RES Group has launched two identical solar farms in Biesiekierz municipality, Koszalin district. The installations have a combined capacity of 24 ...
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.
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
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 ...
Mövenpick has opened its first hotel on Croatia’s Adriatic coast in Novi Vinodolski. The resort includes 198 hotel rooms and suites, as well as 304 pr ...
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Polish State Railways (PKP) has launched a tender to appoint a contractor to build a new railway station in Łapy, with bids due by 28 August. Construc ...
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
The first half of 2026 brought a clear recovery in the Central and Eastern European commercial real estate market. Investors in the six countries anal ...
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 ...
Kraków’s office market saw a sharp drop in tenant activity in the first half of 2026, while the gap between central and non-central locations continue ...
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Archicom, a developer within the Echo Group, has secured an occupancy permit for the second stage of its Flow residential project in Łódź’s New Centre ...
A retail park in Ruda Śląska in Silesia is 100 pct leased prior to its completion by PKB Inwest Budowa.
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
Bestsecret has leased 108,000 sqm at EQT Park Poznań Żerniki. The agreement was signed by EQT Exeter Europe Logistics Value Fund IV, managed by EQT Re ...
June 2026
Who will win and who will lose with changes to the land market
Who will win and who will lose with changes to the land market
Walter Herz
The biggest change to the land market in years is on the horizon. The spatial planning reform will mean that plots previously considered attractive may lose value, while land with ...
Sales up, supply down
Sales up, supply down
JLL Polska
In the first quarter of 2026, the Polish housing market recorded a significant increase in sales. A total of 12,900 apartments were sold across the country's seven largest cities ( ...
Rent isn't everything. The real costs of leasing warehouse space
Rent isn't everything. The real costs of leasing warehouse space
Newmark Polska
Choosing a new warehouse takes much more than simply comparing rental rates across a few or even a dozen centres. With rising energy costs and varying technical standards, the actu ...