What happened, and who moved.
Hala Targowa in Gdańsk has reopened after 18 months of renovation carried out by Apsys Polska, attracting 25,700 visitors on its first day of operation. The revitalisation, the most extensive in the building's 130-year history, cost 141 million złoty and was conducted under the supervision of the regional heritage…
Record demand and a decade-low level of new construction have fundamentally shifted the balance of power in Warsaw's office market. In the second quarter of 2026, leasing volume exceeded 280,000 sqm, one of the strongest quarterly results on record, while net take-up surpassed 134,000 sqm. The previous quarter had…
Danish audio and communications manufacturer GN Group is to become a tenant at Panattoni Business Park Kladno, an industrial zone developed on a brownfield site formerly occupied by the Poldi Kladno steelworks. GN will occupy more than 30,000 sqm in total, of which approximately 28,000 sqm will be operational space…
NEPI Rockcastle has acquired MegaPark Barakaldo, a shopping and leisure complex in Bilbao, Spain, from Le Retail Hiper Ondara S.L.U., part of HLRE Socimi, for a cash consideration of €252 million net (gross purchase consideration of €254 million). The deal marks the company's first investment outside Central and…
Developer JTRE has announced that Tatra banka Group will relocate its headquarters to Pribinova 1, an eight-storey office building under development in the Eurovea City district of Bratislava. The building will offer more than 20,000 sqm of leasable office space and nearly 2,000 sqm of retail space, and is designed…
Developer JTRE has announced that Tatra banka Group will relocate its headquarters to Pribinova 1, an eight-storey office building under development in the Eurovea City district of Bratislava. The building will offer more than 20,000 sqm of leasable office space and nearly 2,000 sqm of retail space, and is designed…
Redkom Development is preparing to begin construction of a retail park in Kalisz, on Aleja Wojska Polskiego. The project involves a comprehensive redevelopment of the former Tesco hypermarket site, a well-known shopping destination in this part of the city.
Bratislava's office market maintained strong leasing activity in the second quarter of 2026, with take-up reaching nearly 53,000 sqm, according to a new report by CBRE Slovakia. More than half of the total volume comprised renegotiations of existing leases, while net leasing activity, covering new leases,…
Bucharest's office market recorded net take-up of 73% of total leasing activity in the first half of 2026, up from 53% in the same period of 2025, according to the Cushman & Wakefield Echinox Marketbeat Office Q2 2026 report. Total take-up reached 109,500 sqm in H1, of which 60,400 sqm were transacted in Q2 alone,…
Romania's ongoing energy crisis, marked by record-low Danube water levels and declining nuclear output, has prompted sustainability consultancy BuildGreen to argue that decarbonisation should be treated as a cost management and risk reduction tool rather than purely an ESG obligation. According to ANRE data,…
Bratislava's office market maintained strong leasing activity in the second quarter of 2026, with take-up reaching nearly 53,000 sqm, according to a new report by CBRE Slovakia. More than half of the total volume comprised renegotiations of existing leases, while net leasing activity, covering new leases,…
FORMADE, the owner of online interior design retailer Fabryka Form, has renewed its lease at the MLP Pruszków II logistics park for a further term. The company has been operating at the park since 2021. Advisory firm Triflow represented the tenant during the renegotiation process.
Recorde Forestay High Street Hotel & Residence Real Estate Development Investment Fund and Erste Bank Hungary have signed a credit facility agreement worth approximately €35 million to finance the hotel development of Váci Utca Center in Budapest's 5th District.
NEPI Rockcastle has signed a €250 million green term loan facility with the European Bank for Reconstruction and Development (EBRD). The facility is senior unsecured, matures in 2034, and is fully committed and available for drawdown until the end of March 2027. It is dedicated entirely to green investment across…
Green House Development is introducing flexible payment schedules for buyers of homes at Royal Garden Wilanów, a residential development in the Miasteczko Wilanów district of Warsaw. The first available option is the 20/80 model, under which 20% of the purchase price is paid upon signing the development agreement,…
Resi Capital by Cavatina has recorded sales exceeding 250 million złoty across 122 apartments at Liberty Tower, a 140-metre residential tower under construction on Grzybowska Street in central Warsaw. The sales were completed within six months of the project launching in February 2026, equating to more than 20…
Develia has begun construction of Żywiecka Vita, a 12-storey residential building in the Wrzeszcz Dolny district of Gdańsk. Designed by AKO Architekci, the development will deliver 127 apartments ranging from 27 to 114 sqm, spanning studio to four-room layouts. Completion is scheduled for the second quarter of…
An investor club composed mainly of Estonian investors has acquired 100% of shares in EfTEN Domina SIA, the company that owns Domina Shopping Center in Riga, from EfTEN Kinnisvarafond II AS. Following the transaction, a Latvian subsidiary of EfTEN Capital AS will continue to manage the centre. The financial terms…
Mercure Hotels & Resorts has opened the Mercure Oradea, its first property in the city. The 90-room hotel is situated in the western part of Oradea, providing access to the historic city centre, the Oradea Arena and the city's main business districts. The project was developed with a €15 million investment under a…
Resi Capital by Cavatina has recorded sales of more than 250 million złoty across 122 apartments at Liberty Tower, a 140-metre residential tower under construction on Grzybowska Street in central Warsaw, within six months of the project launching in February 2026. The pace of sales, exceeding 20 units per month,…
tbi bank is introducing a grace period of up to two months for eligible property developers affected by the disruption to the land registry system following a recent cyberattack. The outage has prevented property transactions from being completed and related funds from being collected, placing temporary pressure on…
One United Properties (BVB: ONE) recorded total residential transactions of €106.1 million in the first half of 2026, covering sales, pre-sales and reservations across 229 residential and commercial units totalling 25,221 sqm, plus 396 parking and storage spaces. The average contracted selling price reached €3,853…
AFI and Echo Investment have signed a lease for approximately 20,000 sqm across 11 floors of AFI Tower in Warsaw with PwC Polska, described as the largest office leasing transaction in Poland so far this year. PwC will become the anchor tenant of the 150-metre, 40-storey tower and plans to relocate its Warsaw…
Polish residential developer Develia spent close to 174 million złoty on land acquisitions in the first half of 2026, securing plots for more than 1,600 homes in the Warsaw Metropolitan Area and Katowice. The seven purchases included sites in Białołęka for over 370 units, Bemowo for around 120 units, Pruszków for…
RS Group has completed Rezidence U Sadů, a 54-unit residential building in Hradec Králové, Czech Republic. The project, which won the Real Estate Project of the Year 2025 award for the Královéhradecký region, has seen 51 of its 54 apartments sold ahead of completion, with only three units remaining. Layouts range…
GTC has renewed a lease agreement with an international bank at Advance Business Center in Sofia, with the tenant also expanding its footprint to more than 5,500 sqm of office space within the complex.
Apsys has completed the acquisition of 3 Stawy Shopping Centre in Katowice from a fund managed by Union Investment. The retail property offers 38,600 sqm of gross leasable area and recorded an occupancy rate of 97.1% at the end of May 2026. Dentons acted as legal counsel and PwC as financial adviser to Apsys…
BIG Poland has acquired Grodzisk Sfera Park, an 11,000 sqm GLA retail park in Grodzisk Mazowiecki, located approximately 30 km west of Warsaw. The property becomes the company's 13th retail park in Poland and its second in the Mazowieckie voivodeship, alongside BIG Łubna. The acquisition brings BIG Poland's total…
Dekada S.A. has completed the sale of 11 retail properties operating under the Dekada brand to Appeninn Asset Management Holding Plc., a company listed on the Budapest Stock Exchange. The transaction value exceeded €100 million.
Hungary's residential property market saw 9,292 transactions in July 2026, according to the monthly estimate published by Duna House. The figure is 5.8% below the June level and 2.1% lower than the same month in 2025.
CPI Europe AG has agreed to accept an invitation from its majority shareholder, CPI Property Group S.A. (CPIPG), to explore the possibility of combining CPIPG's retail assets with those controlled by CPI Europe, including assets held through S IMMO AG.
Eika Real Estate Fund (EREF), managed by Eika Asset Management, has acquired its first office property in Poland, the Komandorska 12 business centre in Wrocław. The move expands the fund's commercial real estate portfolio across Central and Eastern Europe.
Appeninn Nyrt. has completed the acquisition of a retail portfolio from Polish company Dekada S.A., comprising eleven commercial properties across Poland with a combined leasable area of approximately 53,000 sqm. The portfolio consists of seven retail parks and four shopping centres located in Brodnica, Ciechanów,…
Colliers has introduced Reworks, a digital platform that uses artificial intelligence to help companies optimise office space utilisation. The tool addresses declining office occupancy, rising operating costs and post-pandemic shifts in workplace patterns, and is positioned as a faster and more cost-effective…
WING has completed the acquisition of the Olympia project from Atenor, adding a property complex of approximately 74,000 sqm to its portfolio on Hungária Boulevard in Budapest. The site comprises an operating office building, a structurally complete building, and additional development plots. WING is preparing to…
CTP N.V. signed leases totalling 1,576,000 sqm in the first half of 2026, a 55% increase compared with the same period last year, including a new quarterly record of 813,000 sqm in Q2. Gross rental income rose 12.6% year-on-year to €413.3 million, while annualised rental income reached €858 million as at 30 June…
VGP and BuildGreen have secured a BREEAM New Construction V6 Outstanding rating for VGP Park Split - Building A, a 31,984 sqm logistics facility in Dugopolje, near Split, Croatia. The certification is the first of its kind awarded to a building in Croatia and marks BuildGreen's entry into the Croatian market.
CeMat A/S has signed a contract with FineTech Construction as general contractor for Moje Bielany 3, a new building forming part of the mixed-use Moje Bielany development on ul. Wólczyńska in Warsaw's Bielany district. Construction work is scheduled to begin in the fourth quarter of 2026.
CTP has signed two long-term leases totalling approximately 16,700 sqm at CTPark Sofia Ring Road in Bulgaria with existing customers BOX NOW and Amperel. The agreements were completed in June 2026 and form part of a strong first half for CTP in the country, with leasing activity across its Bulgarian portfolio…
GARBE has commenced construction of a nearly 39,000 sqm building forming part of its new Green Park Senec logistics park in Slovakia, developed in partnership with Mitiska REIM and the MEREP LI fund. Austrian logistics company Lagermax has signed as the first tenant, leasing 9,000 sqm of industrial space, with…
UDI Group has obtained a building permit for the second phase of its Urban Park development in the Husovice district of Brno. The phase will deliver nearly 900 new flats, with construction already under way following the demolition of the former industrial site. The estimated investment for this phase stands at CZK…
P3 Logistic Parks has signed a lease agreement with HOPI for 22,790 sqm in the DC9 building at P3 Mszczonów, located approximately 50 km south-west of Warsaw along the S8 expressway. The building, which has received its occupancy permit and been handed over to the tenant, comprises 21,990 sqm of warehouse space and…
VGP has fully let hall B at VGP Park České Budějovice. The final tenant, automotive services company Direct auto, has taken 4,200 sqm, bringing the 8,700 sqm building to full occupancy.
Warsaw-based investor and asset manager Syrena Real Estate has acquired the Renaissance Building, a historic property located on Plac Zbawiciela in Warsaw. The building has a usable area exceeding 7,000 sqm, and the transaction was financed by Bank Pekao SA.
CTP has delivered a 56,000 sqm distribution centre for LPP Logistics at CTPark Bucharest West, completing the project in under a year from the signing of the lease agreement. The facility is now operational and will support LPP Group's supply chain across South-Eastern Europe, serving stores in Romania, Bulgaria…
British investor Ghai Sant Ram, acting through Ghai Family Holding, has acquired a plot of approximately 30,000 sqm near Pipera Plaza in northern Bucharest from George Becali. The purchase price was approximately €14.3 million and the land was acquired together with a building permit. Ghai Sant Ram plans to develop…
Warsaw's office stock reached 6.24 million sqm in the first half of 2026, expanding by 45,210 sqm through the completion of Studio A, Vena and the refurbishment of Przemysłowa 26-26a. Ongoing refurbishments and redevelopments simultaneously reduced the total stock by more than 70,000 sqm since the start of the…
Bratislava's new-build residential market recorded 704 publicly sold apartments in Q2 2026, nearly 12% more than in Q1 2026 and the highest quarterly figure since Q2 2025, according to data from BuiltMind. The quarter-on-quarter increase followed a solid first quarter, where results were partly shaped by seasonal…
Panattoni has fully let Panattoni Park Kielce within weeks of the project's completion. The final available space was taken as part of an expansion by an existing tenant, a logistics services operator, which increased its occupied area by nearly 3,300 sqm to around 8,000 sqm.
Gránit Pólus Group has closed a €290 million green loan refinancing of the Westend building complex in Budapest, described as the largest real-estate refinancing transaction in Hungary in the past five years and a record for a single property. The financing is provided by a bank consortium led by Erste Bank Hungary…
Westbridge Poland has advised Skanska Commercial Development Europe on procuring electricity from renewable energy sources for two office properties in Poland. Following a structured tendering process, electricity supply for the Wave in Gdańsk and Brama Miasta in Łódź was newly contracted for the 2027 supply year.
Ádám Ambrus, Manager of Amera Grup, talked to Property Forum about the firm’s strategic expansion, including the Ibis Styles Cluj-Napoca hotel development. He discussed new industrial parks in Oradea and Arad, the rapid growth of their self-storage business, and the importance of aligning investments with…
Redkom Development has started construction of its retail park in Tarnów, appointing SPEC BAU Polska as general contractor. Located on Lwowska Street, one of Tarnów's main transport routes, the scheme will deliver around 35,000 sqm of gross leasable area (GLA) across nearly 30 retail and service units, including an…
CH Korona in Wrocław has added two new food concepts and a refurbished fashion store to its offer. Asia Mama has taken a unit of over 90 sqm in the food court, next to KFC, serving Asian street food dishes including Pho, Pad Thai, Tom Yum and Tom Kha Gai in a buffet-style format. Sevi Kebab has opened a nearly 23…
7R is launching 7R Park Warsaw South III, a warehouse park in Sękocin near Warsaw comprising two buildings with a total leasable area of approximately 47,000 sqm. Construction begins in early August 2026. Before breaking ground, 7R has already signed its first lease: Strefa Tenisa, Poland's largest e-commerce…
CTP has signed a long-term lease with Quick Service Logistics (QSL) for a 10,658 sqm built-to-suit distribution centre at CTPark Budapest Vecsés. The facility will include more than 10,100 sqm of frozen, chilled and ambient storage space, plus over 500 sqm of offices, and is expected to be completed in October 2026.
DL Invest Group has secured financing exceeding €146 million to refinance a portfolio of six logistics parks with a combined gross leasable area of approximately 260,000 sqm. The financing was provided by Erste Group and Erste Bank Polska, with CMS acting as legal adviser to the lenders.
The Polish Chamber of Commercial Real Estate (PINK) has published office market figures for eight major regional markets in Poland (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, Szczecin) for Q2 2026. The data, sourced from advisory companies including Avison Young, CBRE, Colliers, Cushman &…
Forvis Mazars, an international audit, tax and advisory firm, has leased nearly 2,500 sqm at the LIXA E office building near Rondo Daszyńskiego in Warsaw, which will become its new Polish headquarters from May 2027. The transaction leaves LIXA E 96% leased, with only one module remaining. CBRE advised Forvis Mazars…
FedEx has opened a new logistics centre in Košice, strengthening connections between eastern Slovakia and international markets. The facility, the company's second-largest location in Slovakia, spans nearly 1,000 sqm and features 18 loading ramps for pick-up and delivery, plus four flexible loading positions for…