Retail
In the second quarter of 2026, developers delivered approximately 150,000 square meters of modern retail space, compared to approximately 90,000 square meters in 2025. A total of 12 new facilities were completed, all of which were built as retail parks. The first half of the year ended with a 0.6 percent year-over-year increase in shopping center footfall. A weaker April had a key impact on the result, but customer traffic began to recover as early as May, and June saw a 5.1% increase in footfall.
Office
At the end of the second quarter of 2026, the combined office stock of Poland’s largest markets – Warsaw, Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin, and Szczecin – stood at 13 million sqm. Approximately 119,000 sqm of new office space came on stream in January–June 2026, representing a moderate volume that remained broadly in line with levels recorded in the years 2023–2025. The majority of this total (76%) was delivered in the first quarter.
The largest office completions in Warsaw included Skanska’s Studio A (24,000 sqm) and PHN’s Vena (15,400 sqm). In regional cities, notable developments comprised Echo Investment’s Swobodna Spot I in Wrocław (14,650 sqm), Echo Investment’s Wita Stwosza C in Kraków (13,700 sqm) and Torus’s Punkt in Gdańsk (12,650 sqm).
Hospitality
The investment transactions volume in Poland grew by 82% year on year, reaching EUR 83 million. The Warsaw hotel market continued to prove its strength, resilience and attractivity. Increased cost of financing and ongoing economic and geopolitical headwinds in the CEE region caused 2023 transaction volumes in CEE to drop by 18% compared to 2022. However, the volume invested by international buyers increased by 197% over the same period, illustrating the region’s rising attractiveness for inbound capital. Several significant deals are progressing since the year-end 2023, suggesting transaction volumes will rise in 2024.
Industrial
A quarterly overview of Poland's modern warehouse and logistics market (Q2 2026). Gross take-up reached 1.93 million sq m, while the vacancy rate fell to 6.6% – its lowest level since 2023. The report examines the demand structure (with the growing share of Chinese and e-commerce tenants), developer activity, prime rents and the investment market. It also features macroeconomic commentary (GDP, inflation, PMI, monetary policy), a labour-market analysis and detailed statistics for individual regions.
Residential
In the second quarter of 2026, the Polish residential market accelerated significantly, driven by growing mortgage activity and a recovery in housing supply. In June, residential sales increased by 48% year-on-year, while the value of mortgage enquiries rose by 15.8% year-on-year, with the average requested loan amount reaching a record level of over PLN 500,000.
