Skanska Commercial Development Europe has completed the installation of 53 boreholes, each approximately 250 metres deep, beneath the foundation slab of its Nowy Rynek C office building in Poznań. The network will serve ground-source heat pumps as part of a system designed to allow the building to operate independently of the district heating network.

The western extension of Warsaw's metro Line M2, serving the new Lazurowa, Chrzanów and Karolin stations, is undergoing testing and is expected to open shortly. Analysis by property consultancy Walter Herz shows that more than half of Warsaw's office buildings already sit within 1.2 km of a metro station, and those buildings account for 61% of the city's total office stock. Office rents in buildings within that walking catchment area run €3 to €6 per sqm per month above those of comparable buildings outside it, with the premium reaching its peak for Class A properties.

Peakside Capital Advisors has appointed Krzysztof Godleś as Project Manager for City Point Targówek, a multi-phase brownfield regeneration scheme in Warsaw developed through a joint venture with Partners Group. Godleś brings nearly 30 years of experience in real estate development and construction management across the logistics, retail and residential sectors.

Artificial intelligence companies are emerging as a distinct category of office tenant in Europe, concentrating primarily in London, Paris and Berlin, while Warsaw and Prague develop as secondary ecosystems, according to a new analysis by Colliers. The report finds that AI firms grow faster than most traditional occupiers, outgrow their premises quickly and prioritise proximity to universities, research institutions and skilled talent over rent levels.

This year's EXPO REAL trade fair in Munich confirmed that the European commercial real estate market is gradually regaining momentum, though not on the terms seen in the previous cycle. Fewer investors are waiting for conditions to improve, while more are focusing on opportunities to complete transactions in the current environment. Capital remains available but highly selective, with asset quality, cash flow stability, tenant credibility and the viability of business assumptions now carrying far greater weight than access to financing alone.

Oded Rahamim has been appointed by the Supervisory Board of GTC S.A. as Member of the Management Board and Chief Financial Officer, effective 1 December 2026. His appointment marks a return to GTC, where he previously spent three years as financial director in Poland and temporarily fulfilled the responsibilities of group CFO.

Cavatina Group is increasingly balancing its established office business with rapid growth in residential and institutional rental housing. Daniel Draga, CEO of Cavatina Group, discusses the company’s expanding residential pipeline, the role of institutional capital, changing dynamics in the office market and how financing conditions are shaping its approach to future development.

LemonTree has started construction of Stream Kraków, a logistics and business complex located next to Kraków-Balice Airport and the A4 motorway. The project will offer nearly 30,000 sqm of logistics and service space, with completion scheduled for Q2 2027. Goldbeck has been appointed as general contractor.

AYA Properties Fund and Curtis Group have signed a 20-year lease with Numa for the residential portion of Chmielna 13A, known as Diana, in central Warsaw. The agreement marks Numa's first signing in Poland, with the opening planned for the first half of 2027.

Anna Szelc has been appointed Chair of ULI Poland, succeeding Marcin Juszczyk, who held the role for three years. Szelc is Senior Director, Investments, CEE at Invesco Real Estate, where she manages a real estate portfolio valued at €1.4 billion. She previously served on the ULI Poland Executive Committee and chaired ULI Next Poland, and has nearly 20 years of experience in CEE real estate, having worked at Azora and Breevast before joining Invesco.