The post-pandemic office market has fundamentally changed, and across the globe, landlords are facing the same uncomfortable reality: buildings that once hummed with activity are now significantly underoccupied, and the task of getting people back is proving far harder than anyone anticipated. The question is no longer whether the way we work has changed, because it clearly has, but rather what the right response looks like for those who own and manage commercial property, writes Jerzy Brodzikowski, General Manager of CIC Warsaw, in an opinion piece for Property Forum.

Construction has begun on a new retail park in Ruda Śląska, located on Bukowa Street near the junction with 1 Maja Street. The development, carried out as the second phase of a project led by Pkb Inwest Budowa in cooperation with Terg, has already achieved approximately 90% pre-leasing at the outset of construction. The leasing process is being managed by Scallier.

Savills has expanded its investment team in Poland with three appointments, including a new Head of Investment and a Head of Cross-Border Transactions for CEE, all based in Warsaw.

Panattoni is beginning work on its first development in Bytom. Panattoni Park Bytom will provide over 132,000 sqm of industrial space, with 100,000 sqm already let to Latex Opony. Completion is scheduled for May 2027.

Summus Capital has acquired The Park Kraków office complex for €48 million, strengthening its Polish office portfolio. The newly developed complex in Kraków's Podgórze district consists of two office buildings with 24,702 sqm of leasable space.

GTC reported rental and service revenue of €53 million in Q1 2026, up 7% from €50 million in Q1 2025, driven by 4% like-for-like growth in rental income. The increase was primarily supported by higher rents in Poland, particularly in shopping malls, as well as strong performance from properties in Sofia and Belgrade.

Resi4Rent has completed the sale of 18 residential rental projects to Vantage Development, part of TAG Immobilien Group, for PLN 2.437 billion (approximately €575 million). The transaction represents the largest deal recorded in Poland's institutional Private Rented Sector (PRS) and includes 5,322 units across Warsaw, Kraków, Wrocław, Gdańsk, Łódź and Poznań.

The Czech investment group SCF has completed the acquisition of Janki Retail Park in Warsaw, located next to the shopping centre of the same name that SCF has owned for two years. The seller was LCP Poland, part of M Core.

Polish developer Echo Group has strengthened its liquidity framework in the first quarter of 2026, capitalising on the divestment of fully leased commercial assets. The capital raised from these sales will directly fund the company's pipeline of new office developments in central Warsaw. At the end of Q1, Echo Group reported total assets of PLN 6.5 billion (€1.53 billion).

Studentspace, a student housing platform, has secured PLN 215.8 million (approximately €50 million) in financing from PKO Bank Polski. The financing will support the development of two Studentspace projects in Warsaw, including the investment at Wołoska Street, which together will deliver approximately 1,100 student beds.