REAL ESTATE

Kraków’s office vacancy rate rose to 19% at the end of June 2026, but the city centre remains much tighter at 10.5%. Newmark Polska says developers are keeping new supply limited while tenant demand shifted strongly toward central, modern buildings in the second quarter.

Poland is restoring tougher restrictions to its short-term rental bill. Housing communities and cooperatives would be able to ban tourist rentals in individual buildings, while municipalities could create zones where the activity is restricted or prohibited.

Nearly two-thirds of Poles say they would use free help from a professional interior designer. A Castorama survey shows that consumers increasingly expect design services to combine functionality, lifestyle needs and budget discipline rather than simply provide an expensive aesthetic upgrade.

Wrocław is the Polish city most often considered as a possible new place to live and the most frequently recommended to young people for university, according to a new image study. Students account for roughly one in six residents.

CTP had 996,800 sqm of leased space in Poland at the end of H1 2026 and signed another 168,000 sqm of leases during the six-month period. Its completed Polish portfolio has grown roughly fivefold since the end of 2022.

One of the most important deadlines for Poland’s land and property market is only days away. From September 1, a municipality where a new general plan has not yet entered into force will generally be unable to issue a new development conditions decision — known in Poland as a WZ decision — in proceedings initiated from that date. This does not invalidate existing WZ decisions or mean that investment activity across Poland will suddenly stop. The crucial issue is when the application was effectively delivered to the competent authority. Meanwhile, just days before the deadline, only around a quarter of Poland’s municipalities had adopted a general plan.

Krakow's office market entered 2026 with weaker tenant activity and limited new supply. Gross demand reached 73,000 sqm in the first half of the year, down 58% year on year, while net take-up declined by 27% to 36,000 sqm. Despite the slowdown, Krakow remains Poland's largest regional office market, with 1.87 million sqm of modern office stock. The latest AXI IMMO data also show growing market polarisation, with central locations recording substantially lower vacancy rates than buildings outside the city centre.

Housing market discussions usually focus on apartment prices, mortgage affordability and developers’ sales. Yet one of the most important changes affecting Poland’s future housing supply may take place not in sales offices, but in municipal planning documents. The new municipal general plan will replace the existing spatial development study and could significantly alter the investment potential — and therefore the value — of some land.

Polish property developers started construction of 81,169 homes in the first seven months of 2026, while building permits were issued for more than 113,000 units intended for sale or rent. The figures suggest that developers are not pulling back from the market and continue to prepare projects for the coming quarters despite a still-high level of available housing supply.

On 18 August, the Polish government is due to consider amendments aimed at strengthening legal protection for agricultural activity. President Karol Nawrocki, as well...

Occupier activity across Poland's regional office markets totalled 310,000 sq m in H1 2026, representing a 21% year-on-year decline. At the same time, net...

Warehouse construction activity in Poland has slowed to its lowest level in nearly a decade, even as demand for logistics and industrial space remains...

July delivered a strong result for Poland’s new-build housing market. Buyers purchased nearly 4,400 homes across the seven largest markets, making it the second-best...

Housing prices will remain publicly available, but the way they are presented in Poland’s state data system is set to change. Ultimately, all property...