Real Estate for a Changing World
In the second quarter of 2026, regional office markets saw a distinct rebound in tenant activity. Across Poland's eight largest cities - excluding Warsaw - 187.5 thousand sqm were leased, representing a 56.5% increase over the previous quarter. Simultaneously, very limited new supply and the persisting "flight to quality" trend are strengthening the competitive edge of modern, well-connected, and energy-efficient buildings.
In the second quarter of 2026, regional office markets saw a distinct rebound in tenant activity. Across Poland's eight largest cities - excluding Warsaw - 187.5 thousand sqm were leased, representing a 56.5% increase over the previous quarter. Simultaneously, very limited new supply and the persisting "flight to quality" trend are strengthening the competitive edge of modern, well-connected, and energy-efficient buildings, according to the BNP Paribas Real Estate Poland "Review. Regional Office Market" report for Q2 2026.
Poland's retail real estate market recorded a marked recovery in new supply in Q2 2026, expanding by 134,500 sqm. According to BNP Paribas Real Estate Poland, retail parks remain the key driver of market growth, accounting for the largest share of both newly completed space and projects currently under construction.
Poland's retail real estate market recorded a marked recovery in new supply in Q2 2026, expanding by 134,500 sqm. According to BNP Paribas Real Estate Poland, retail parks remain the key driver of market growth, accounting for the largest share of both newly completed space and projects currently under construction.
According to BNP Paribas Real Estate Poland’s Review: Warsaw Office Market, Q2 2026 report, office leasing activity in Warsaw reached its highest level in seven years during the first half of 2026. At the same time, only one new office building was delivered to the market, while the stock of available office space continued to shrink.
According to BNP Paribas Real Estate Poland’s Review: Warsaw Office Market, Q2 2026 report, office leasing activity in Warsaw reached its highest level in seven years during the first half of 2026. At the same time, only one new office building was delivered to the market, while the stock of available office space continued to shrink.
The Polish commercial real estate market has gained significant momentum. In the first half of 2026, total investment volume reached €3.03 billion, making it one of the strongest half-year performances recorded over the past decade. According to BNP Paribas Real Estate Poland, investors are being drawn by the country's strong economic outlook and the long-awaited stabilization of pricing for prime assets.
The Polish commercial real estate market has gained significant momentum. In the first half of 2026, total investment volume reached €3.03 billion, making it one of the strongest half-year performances recorded over the past decade. According to BNP Paribas Real Estate Poland, investors are being drawn by the country's strong economic outlook and the long-awaited stabilization of pricing for prime assets.
The global real estate market, including Poland, is entering a new era in which asset value is increasingly shaped by adaptability, sustainability, and advanced technology. Compliance with ESG requirements, readiness for regulatory change, and the effective use of artificial intelligence are becoming just as important as location itself, according to the new report “Real Estate Value in a Changing World” published by BNP Paribas Real Estate Poland and Rödl Poland.
The first quarter of 2026 brought an unexpected rebound to the industrial and logistics space market. Increased tenant activity, a predominance of new agreements, and a declining vacancy rate confirm the sector’s good condition and stable foundations for further development – according to the BNP Paribas Real Estate Poland report “Review. Industrial and Logistics Space Market in Poland – Q1 2026.”