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Investment & finance

Van der Vorm launches real estate bridge financing business

schedule 14 August 2026
Opr./edited by AH

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.

Infrastructure

Poland New railway station planned for Łapy

schedule 14 August 2026
Opr./edited by AH

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. Construction is scheduled to get underway in the fourth quarter of this year, with the station expected to open by the end of 2027.

Office & mixed-use development

Poland Spot rises above the ground

schedule 14 August 2026
Opr./edited by AH

Construction work om Moderna Holding’s Spot development in Sopot has now reached ground level, marking the completion of the main underground works. The project is also bringing changes to the surrounding area, with the road layout on Aleja Niepodległości already having been altered and further improvements planned around the site.

Construction

Poland Tunnel boring soon to begin

schedule 14 August 2026
Opr./edited by AH

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.

Office & mixed-use development

Czech Republic Penta to lead redevelopment of Prague's Bubny district

schedule 14 August 2026
Opr./edited by AH

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.

ESG

Czech Republic The Grand Pardubice now Excellent

schedule 13 August 2026
Opr./edited by AH

The Grand department store in Pardubice has achieved an Excellent rating under the internationally recognised BREEAM In-Use sustainability certification.

Retail & leisure

Poland Work begins on Park Kaszuby

schedule 13 August 2026
Opr./edited by AH

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.

Retail & leisure

Poland Retail stock breaches 14 mln sqm

schedule 13 August 2026
Opr./edited by AH

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.

Investment & finance

Spain NEPI Rockcastle expands beyond CEE

schedule 13 August 2026
Opr./edited by AH

NEPI Rockcastle has acquired MegaPark Barakaldo — one of northern Spain's leading shopping and leisure destinations — from Le Retail Hiper Ondara, part of HLRE Socimi, for EUR 252 mln net.  The deal marks NEPI Rockcastle's entry into Spain and its first investment outside Central and Eastern Europe.

Investment & finance

CEE region EBRD lends NEPI Rockcastle EUR 250 mln

schedule 13 August 2026
Opr./edited by AH

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.

Office & mixed-use development

Poland Warsaw now a landlord’s market

schedule 13 August 2026
Opr./edited by AH

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.

Investment & finance

Bulgaria Trade Estates buys into Sofia South RIng Mall

schedule 13 August 2026
Opr./edited by AH

Greek-based real estate investor Trade Estates is to acquire a 50 pct stake in Sofia South Ring Mall from Fourlis Holdings for EUR 49.35 mln. 

Office & mixed-use development

Slovakia Tatra Bank chooses Pribinova 1

schedule 13 August 2026
Opr./edited by AH

The Tatra banka Group is to move its Slovakian headquarters to Pribinova 1, an office project being developed by JTRE in Bratislava. This eight-storey office building will comprise more than 20,000 sqm gla with an additional 2,000 sqm of retail space.

Office & mixed-use development

Romania Bucharest office demand picks up

schedule 12 August 2026
Opr./edited by AH

Bucharest’s office market is gaining momentum, with occupier demand picking up as companies sign new leases and expand, while the supply of new space remains limited. Net take-up accounted for 73 pct of total leasing activity in H1 2026, up from 53 pct a year earlier, pointing to a shift in corporate strategies as businesses resume their growth and expansion plans.

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