ARTICLES LABELLED WITH TAG Poland

Paweł Malinowski, CEO of Profbud, talked with Property Forum about the cooldown on the Polish residential sector, building developer-owned wind farms and the necessary diversification of the product portfolio in the current market conditions.

In Q1 2025, the total modern office stock in Poland’s regional markets reached approximately 6.77 million sqm. During this period, new supply was limited, with only one office project completed - Dymka 188 in Poznań, offering 2,400 sqm of space, says Avison Young. 

According to the latest report by Newmark Polska, Poland’s total warehouse and industrial stock topped 35 million sqm in the first quarter of 2025. Meanwhile, with over 5.25 million sqm of warehouse space, Lower Silesia overtook Central Poland, securing third place among Poland’s largest regional markets. Availability in existing warehouses reached nearly 3 million sqm - the highest volume of vacant leasable space in the Polish market's history. That said, the overall vacancy rate edged up by just 0.3 pp year-on-year.

In a significant political shift for CEE, Romania elected Nicușor Dan as president on May 18, 2025, while Poland's pro-European candidate Rafał Trzaskowski narrowly led the first round of its presidential election. These outcomes suggest a regional move toward centrist, pro-EU leadership.

Warehouse 2, part of the Good Point V logistics and production park in Łubna, Pomerania, has been awarded a final BREEAM International New Construction V6 certificate at the Excellent level, with a score of 73.5% in the Post Construction Assessment.  

Eika Asset Management (EAM), part of the Eika Group, has begun development of a logistics park in Nowy Modlin, north of Warsaw. The first phase comprises 28,000 sqm of A-class warehouse space, nearly 60% of which is already pre-leased. Bricomarché, a leading home and garden retailer in Poland, is the anchor tenant, represented by SQM Advisory. Waimea Holding is the project developer and Kajima Poland the general contractor.

The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.

According to the latest report from BNP Paribas Real Estate Poland, retail development activity continues unabated. A total of 42,000 sqm was added to the Polish market in the first quarter, with this year’s new supply expected to surpass 400,000 sqm, approaching last year’s record volume.

White Star Real Estate has taken over the management of three shopping centres in southern Poland from the Focus Estate Fund portfolio: Rybnik Plaza, Ruda Śląska Plaza, and Sosnowiec Plaza. 

Syrena Real Estate, a Polish commercial real estate investment company, has acquired the Zaułek Piękna office building located in the heart of Warsaw's Śródmieście district from Manova Partners. The purchase was co-financed by mBank. The price has not been disclosed.