Information on investment products can now be found on the website wood.com/products/
After a turbulent period of high interest rates, the real estate market in the Czech Republic, Slovakia, and Poland stabilized in 2025, and investors began actively seeking new opportunities again. The Czech market saw a revival in the residential segment, with growing demand for quality housing in Prague. The Slovak market benefited from ongoing urbanization in Bratislava and interest in modern office and retail spaces, while Poland maintained its position as the most dynamic market in the region, with strong demand for logistics and commercial properties in general.
WOOD Real Estate, which oversees the real estate activities of the WOOD & Company group, has confirmed its position as one of the top-performing players in the Central European commercial real estate market. With an expert team of over 70 professionals, it provides first-class service to tenants and generates stable returns for investors.
The year 2025 at WOOD Real Estate was marked by strategic acquisitions and active portfolio development across the retail, office, logistics, and residential segments. The group also successfully completed several advantageous exits (BBC1 and BBC1 Plus buildings), contributing to attractive valuations and enhanced returns for its real estate fund. Let’s look back at the key achievements and updates of the WOOD & Company real estate division, which now manages a portfolio of 17 existing commercial properties valued at over €1.4 billion and is collaborating with development partners on several residential and logistics projects in planning or construction.
The group’s shopping center portfolio includes Prague’s Galerie Harfa, OC Krakov, Bratislava’s Aupark, and recently VIVO! shopping center. WOOD Real Estate has long focused on the continuous development and revitalization of these centers.
Galerie Harfa benefits from a popular community terrace that attracts visitors in the summer for the outdoor theatre, bars, and children’s playground. In winter, part of the terrace is traditionally transformed into a popular ice rink. Plans include expanding the rooftop, enhancing the food court, and a major modernization of the shopping center scheduled for late 2026.
OC Krakov in Prague’s Bohnice welcomed several new tenants in 2025, including Sinsay, Rodinná Farma, Comfort Shoes, and Moneta Bank, strengthening the banking service offering. As usual, the center hosted its popular Krakovské Kroužkobraní event, helping parents and children from Prague 8 select extracurricular activities.
In Bratislava’s Aupark shopping center, a management change took place in June 2025, when Cushman & Wakefield replaced Unibail-Rodamco-Westfield as property and leasing manager. The center continues to invest in offerings for younger customers; last year it expanded its fashion offering with brands such as Bershka, Cropp, House, and New Yorker (the latter occupying 2,000 m²). In November, Victoria’s Secret became a new tenant with the largest branch in Slovakia.
The most significant transformation in the coming months will be WOOD Real Estate’s new acquisition – VIVO! Bratislava with 160 retail units. The rebranding and extensive revitalization aim to better reflect the character of the local center in one of Bratislava’s fastest-growing areas. The Kuchajda surroundings are expected to become a kind of second “city center,” with up to 3,000 new residential units and development of office projects. WOOD Real Estate itself already plans to construct the 3rd (residential) tower of Polus Tower.
The office property portfolio included ten buildings in prime locations in Prague, Bratislava, and Warsaw by the end of 2025. Like with shopping centers, WOOD Real Estate focuses on their development, modernization, premium tenant care, and fostering employee engagement through a variety of events, from sports to charity activities.
Several buildings underwent or began renovations of common and entrance areas. Hadovka Office Park received new green features in the main lobby, while Harfa Office Park began transforming its reception and elevator lobby in autumn. New receptions were also implemented at Bratislava’s BBC5 and both Polish office buildings, Astrum Business Park and Concept Tower. To optimize parking capacity, a new parking system was introduced in Prague’s Green Point and The Greenline buildings.
A range of projects aimed at further building development and tenant comfort were carried out during the year. By the end of 2025, WOOD Real Estate maintained an average occupancy of its office buildings across three countries at around 90%. Lease renewals took place with several key tenants, including Express Group in Bratislava’s BBC5, Erste Digital in Lakeside Park, and Abbott in Prague’s Hadovka Office Park.
Existing tenants were joined by many new companies. Among those with the largest leased area were online trading platform Funded Mind, located in Green Point in Prague’s Anděl, leading plasma products manufacturer Grifols in Warsaw’s Concept Tower, and FibreNet in Lakeside Park, Slovakia, operating over six hundred kilometers of optical networks.
Last year, WOOD Real Estate expanded its FlexiSpace serviced office project to Prague’s Green Point and The Greenline. This responded to growing demand for such offices in both the Czech and Slovak markets and leveraged a successful Bratislava office model. The Zone Office co-working project at Bratislava’s BBC5 celebrated its second anniversary, with growing popularity and quality recognized by the BIG SEE Awards 2025. Both serviced office concepts are currently offered in BBC5 and remain highly sought after.
The WOOD & Company Residential Sub-Fund, established in autumn 2024, currently holds two projects, with others under active development.
The first is Polská 7, implemented in cooperation with developer SATPO. It involves a sensitive reconstruction of an Art Nouveau tenement house in an attractive location near Riegrovy Sady, bringing 30 apartments and 3 commercial units. Completion is planned for Q3 2026. The project received the Public Choice Award in the Real Estate Project of the Year 2024 competition for Prague 2, and over 52% of units were sold by the end of 2025. The second acquisition is Vackov (known from February as Yards Žižkov), a large project on the site of the former Žižkov freight station, developed with CRESCO REAL ESTATE.
The Prague residential team is currently preparing several additional acquisitions worth tens of millions of euros with major development groups. The residential portfolio intended for the market in the coming years includes approximately 7,000 units.
The residential portfolio in Slovakia currently includes three key projects. In September 2025, together with developer CRESCO REAL ESTATE, WOOD Real Estate obtained final zoning approval for Lakeside Park 03 in Bratislava’s Nové Mesto, which will deliver 384 apartments across two high-rise buildings with an investment of €70 million, starting construction in 2027. The second project, Slunečnice Nad Mestom in Bratislava, completed the shell of the first phase by late summer 2025, and sales of the second phase (248 apartments) began in September, with 42 units sold by the end of October at an average price of €3,470/m².
The Nová Merina project in Trenčín, in cooperation with OCCAM Real Estate, received a building permit for the first phase of 192 units in November 2025, with construction scheduled to start in Q2 2026, several months ahead of schedule.
Last year, WOOD Real Estate also expanded its logistics portfolio. In July 2025, it formed a strategic partnership with renowned developer GARBE Industrial Real Estate Poland to develop the modern GARBE Park Gliwice, with 75,000 m² of leasable space and an investment exceeding €50 million. The BREEAM Excellent-certified industrial complex, strategically located near the A4 motorway in Silesia, benefits from Poland’s economic growth and increasing demand for sustainable logistics facilities. The project, combining GARBE’s 30 years of experience with WOOD Real Estate’s regional expertise, became the fourth active project in the logistics sub-fund, alongside the growing 7R Park Tczew (approaching full occupancy) and the upcoming Panattoni Park Pilsen West III and 7R Park Lavičky.
Throughout 2025, WOOD Real Estate systematically developed the tenant care concept across its buildings, creating an environment that fosters community, well-being, and interpersonal relationships. In spring, it organized popular plant and book swaps, traditional blood donations, street food festivals, and Bike Day with free bike service. Family events included Easter afternoons, pop-up galleries, healthy breakfasts, and children’s days. The annual WOOD employee band concert for clients and friends took place in the garden of Prague’s The Greenline building.
Summer months in Slovakia featured rich programs for tenants and the public – from regular summer cinema at Lakeside Park to pop-up artisan ice cream stands, free health check-ups, and school supply drives. These activities confirm that a high-quality work environment is shaped not only by buildings but by people and relationships.
WOOD Real Estate bases office management on tenant feedback, trend monitoring, and the team’s expertise. The long-term goal is to ensure high-quality workplaces and modern office concepts, with key factors including flexible spaces, brand identity, smart technologies, and sustainability. The company systematically integrates biophilic design, natural light, and natural materials into its buildings, which demonstrably improve concentration, reduce fatigue and absenteeism, and support overall well-being.
Sustainable development, connecting economic prosperity with social and environmental responsibility, is an integral part of WOOD Real Estate’s strategy and that of the entire group. The company works closely with experienced consultants from GreenOmeter and Grinity on data collection, technical analyses, and strategic planning across the portfolio. This cooperation enables systematic reductions in energy consumption, optimized building operation, and sustainable project development.
A notable confirmation of commitment to sustainable business is WOOD Real Estate’s continued membership in the Slovak Green Building Council, allowing participation in professional activities and sharing of know-how in responsible construction and property management.
Specific environmental achievements include expanded EV charging stations at The Greenline, new photovoltaics at BBC buildings, and BREEAM Excellent certification for Harfa Office Park. Additional ESG information is available on WOOD Real Estate’s website and in the ESG section of most individual building websites, regularly updated with environmental indicators.
Corporate social responsibility and support for those in need are integral to WOOD Real Estate’s culture. In August, the team participated in the Czech Real Estate Charity Beach Volleyball Tournament 2025, benefiting three charitable projects. During the Advent season, employees joined charitable collections in the Czech Republic and Slovakia and, together with building tenants, gathered several hundred gifts for people in need, primarily children in orphanages. In Bratislava, the company also provided space at Lakeside Park for a central humanitarian aid warehouse, from which gifts were distributed to children in Ukraine.
________________________
The WOOD Real Estate team continues to grow year by year, as does the portfolio of projects it manages across the Czech Republic, Slovakia, and Poland. For its parent company, WOOD & Company, it delivers products that investors trust over the long term. Thanks to this synergy, WOOD Real Estate remains a significant Central European player in the real estate market.
