Developers call for stability as rising costs squeeze Poland’s residential market image
STORY OF THE DAY
Developers call for stability as rising costs squeeze Poland’s residential market

Story of the week

News Developers call for stability as rising costs squeeze Poland’s residential market
15
Oct
2025

Developers call for stability as rising costs squeeze Poland’s residential market

by Forum Property
At the recent CEE Property Financing Update 2025, with Agata Jurek-Zbrojska, Partner and Head of Real Estate and Construction at CMS Poland, moderating the discussion, Renata McCabe Kudla (Grupo Lar Poland), Bartłomiej Oset (NDI Development), and Waldemar Wasiluk (Victoria Dom) explored the evolving landscape of residential real estate investment in Poland. The conversation revealed a landscape shaped by sharp increases in development costs, shifting demand, and regulatory complexity.
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Office

News Bucharest Certification City Gate Gabriela Cirstea Green Building GTC Leed Office Renewable Energy Romania Sustainability
15
Oct
2025

GTC's City Gate secures LEED Gold v5 certification

by Forum Property
The South Tower of City Gate in Bucharest, developed and managed by GTC, has been awarded the LEED Gold v5 certificate. This is the latest version of the world's green building standard, outlining steps towards near-zero carbon emissions, prioritizing people, and supporting building resilience. City Gate is the first property in Romania and only the fourth existing building in Europe to achieve this recognition, following projects in Italy, Spain, and Sweden.
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IT sector hits 15-year demand low in Bucharest office market Volume of Warsaw office projects under construction drops by 50% Granit Asset Management hits 35% renewable energy target in portfolio

Retail

News Andrei Radu Arad Eliza Predoiu ESG Investment Nepi Rockcastle Photovoltaic Retail Romania Sustainability
15
Oct
2025

Nepi Rockcastle opens its first solar park in Romania

by Forum Property
Nepi Rockcastle has inaugurated its first photovoltaic park in Chișineu-Criș, Arad County, Romania, marking a milestone in the shopping centre developer's sustainability efforts.
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Redstone acquires shopping centre in Olomouc Romania's retail parks target smaller cities for growth Prague ranks 16th among Europe's priciest shopping streets

Residential

News Budapest Hungary Living Park West Residential Tibor Tatár Wing
15
Oct
2025

Living completes third phase of resi project in Budapest

by Forum Property
Living has completed the third phase of its Park West residential project in Budapest's District 13, with the final use permit now issued for the 230-unit development. The project, located in the Ferdinand Quarter on Szabolcs utca, benefits from brownfield status allowing buyers to reclaim 5% VAT.
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Romanian property sales drop 1% after VAT hike Sema Real Estate enters Romanian resi market Living expands to Debrecen with 400-apartment project

Investment

News Acquisition Expansion Industrial Katowice Log In Logistics Poland Principal Asset Management Theoreim
15
Oct
2025

Principal enters Poland with first logistics acquisition

by Forum Property
Principal Asset Management has completed its first acquisition in Poland for Log In, the European logistics fund managed by Theoreim. The asset, located in the Katowice economic zone in Tychy, Upper Silesia, comprises 9,705 sqm of warehouse, production, and office space.
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CPI buys back assets in Poland Wood & Co to acquire battery storage in Scandinavia Penta purchases large brownfield site in Prague

Report

News CBA monitor Czech Republic mortgage report residential
14
Oct
2025

Czech mortgage market reports strong season

by Forum Property
Czech banks and building societies have provided new mortgages for CZK 29.6 billion (€1.2 billion) in September. Compared to August, the volume of activity has increased by 14%, reports cbamonitor.cz.
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SEE Property Forum 2025: Award winners announced Czech developers discover magic of investment funds Financing competition heats up in CEE

Industrial

News CTi Europe Czech Republic industrial P3 Logistic Parks Prague
14
Oct
2025

P3 welcomes new tenant in Prague

by Forum Property
CTi Cable, a Taiwanese manufacturer, has launched its first European production centre, CTi Europe, at P3 Prague D8. P3 Logistic Parks has tailored a facility within the renovated Hall 5 to accommodate CTi Europe's automated production processes.
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CTP achieves Breeam certification for CTPark Ploiești ELI Parks starts new industrial project near Bucharest Uniq Logistic extends lease with MLP in Poland

Interview

News Hamilton May interview luxury Poland residential Top 50
11
Oct
2025

What’s next for Poland’s residential sector?

by Forum Property
Founded in Kraków in 2004, Hamilton May has grown from a boutique agency into a fully integrated residential services platform with operations in Warsaw, Wrocław, and beyond. In this interview, Robert Watkins, CEO & Founder of Hamilton May, reflects on two decades of growth, the company's unique one-stop model, and the opportunities shaping Poland’s residential market.
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Falling rates, rising rents: Poland’s PRS market enters new growth phase From compliance to cash flow: How accessibility boosts property value Reframing value: An investor’s perspective on the future of CEE real estate

Career

News appointment Bulgaria career CTP industrial logistics
07
Oct
2025

CTP names new MD for Bulgaria

by Forum Property
CTP has appointed Ivanka Ivanova as Managing Director for Bulgaria. The appointment supports the company's strategy to reach €1 billion of rental income by 2027.
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Nrep and Velo Capital to operate as Urban Partners AG Capital names Pavlin Petkov as new CEO Susanne Eickermann-Riepe elected RICS Senior Vice President

Hotel

News Bucharest Colliers Czech Republic Greece Hotel Hungary Investment Poland Raluca Buciuc Romania
07
Oct
2025

Romania's hotel industry posts third-highest EU growth

by Forum Property
Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.
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Wing's Budapest hotels obtain green certifications Radisson Blu Bucharest achieves Breeam In-Use Excellent rating Forestay Group signs dual-brand Marriott deal in Budapest

Economy

News Bosnia economy SEE Serbia tariffs Trump
09
Jul
2025

Trump imposes tariffs on Serbia and Bosnia

by Forum Property
The Trump administration has imposed 100% tariffs on a range of imports from Serbia and Bosnia and Herzegovina, accusing both countries of deepening ties with China. This marks the first time a U.S. president has taken such a step against a European nation over relations with Beijing.
Read more >
Commercial and resi real estate brace for higher taxes in Romania Financial pressure on CPI may lead to buyout EBRD downgrades 2025 growth forecast for most CEE countries

New leases

  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.
  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
  • DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.

New appointments

  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.

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