ESG
Globalworth Tower Center International, the fourth-tallest office project in Bucharest, serving more than 2,000 occupants, has been granted the LEED certification by the U.S. Green Building Council.
Investment & finance
S Immo has concluded contracts to sell a large portfolio consisting of 18 German commercial and one residential property with a total property transaction value of EUR 255 mln through separate share and asset deals.
Warehouse & industrial
Cushman & Wakefield has presented unique data based on its record of enquiries made by those interested in leasing industrial and logistics space in the Czech Republic. Interest was at a record high in 2023, up 50 pct from 2019, which means one mln sqm in demand.
Investment & finance
The only hotel located in Croatian national park, on Mljet Island, has been put on sale. Hotel Odisej, a 3-star resort built in 1978 and renovated in 1996 and 2004, offers 155 rooms and two apartments.
Investment & finance
TMS Inwestycje, a company controlled by Tobias Solorz, has acquired the 148-room Holiday Inn Resort Warszawa Józefów hotel from the Aquila Group. The transaction included both the property and the shares in Aquila Hotels, the company operating the hotel in Józefów.
Investment & finance
CTP has acquired from Globalworth an industrial portfolio of 270,000 sqm GLA and 30 ha landbank in six key locations in Romania.
Residential
The Zeitraum private student house in Warsaw's Solec district has opened. In addition to 214 beds, the facility offers, among other things, a roof terrace, a cinema room and rooms for learning and integration.
Eurobuild FM
In the latest episode of Eurobuild FM, Zdena Noack, managing director of Zeitraum Student Housing, comments on the condition of the sector in Poland, its prospects, and also reveals the company's expansion plans for the coming months.
Warehouse & industrial
Panattoni has begun work on Panattoni Park Gdańsk City Airport, a new project in the district of Pomerania. The development is being built on a speculative basis and will comprise two distribution buildings with a combined area of over 18,400 sqm.
Investment & finance
Alides Polska, a subsidiary of Belgian developer Alides, and Aya Properties Fund, have announced the joint acquisition of the Metron office building located in Warsaw from a Polish SPV held by Patrizia Frankfurt Kapitalverwaltungs.
Office & mixed-use development
Warsaw's Skyliner has gained a new tenant. Xperi, an American technology company, will occupy nearly 3,000 sqm of space in the office building.
Retail & leisure
In Warsaw's Norblin Factory, the only stationary Answear.com concept store in Europe started its activity. On the area of 2,000 sqm, the customers will find an offer of premium fashion brands, which so far were available only online.
Events
Tomorrow, as every year, we will meet at the golf course in Rajszew and at the Warszawianka courts to build relationships, have fun and, at the same time, take care of the condition of... the industry. All this in the spirit of healthy sporting competition.
Office & mixed-use development
Passerinvest Group symbolically launched the construction of the multifunctional Hila building in Brumlovka, Prague 4. Upon its completion in 2027, the building will provide a combination of approximately 20,500 sqm of offices for rent, 71 rental flats and retail spaces of 2000 sqm.
Office & mixed-use development
Liget Center Vitrum, part of Wing Liget Center multi-building project developed by Wing in the centre of Budapest, is structurally complete. The new boutique office be completed in the autumn.
Hotels
Cloud IX, Budapest’s latest panoramic skybar, has been opened in the ibis & Tribe Budapest Stadium Hotel in the WING Liberty building. Opened last December in Budapest’s District IX, the hotel complex boasts a total of 332 rooms and a wide range of services.
Investment & finance
CPI Property Group Poland has concluded a green refinancing transaction with Aareal Bank amounting to more than EUR 277 mln. The funds received will be used for the refinancing of three Warsaw office properties: Warsaw Financial Center, Equator IV and Eurocentrum.
Office & mixed-use development
Global firm Mercer, part of the Marsh McLennan Group, has renegotiated its lease at the myhive Nimbus building and remains at 7,300 sqm.
Residential
The residential part of the Towarowa 22 project in Warsaw is taking off. Archicom is starting to sell flats in the first building under the Archicom Collection brand, which will stand in the immediate vicinity of the planned park.
Residential
Romanian residential developer Redport Capital has announced the start of construction of Phase III of The Level Apartments. The project has received a building permit for 105 apartments to be developed with an investment of EUR 13 mln.
Cushman & Wakefield has presented unique data based on its record of enquiries made by those interested in leasing industrial and logistics space in the Czech Republic. Interest was at a record high in 2023, up 50 pct from 2019, which means one mln sqm in demand.
Panattoni has begun work on Panattoni Park Gdańsk City Airport, a new project in the district of Pomerania. The development is being built on a speculative basis and will comprise two distribution buildings with a combined area of over 18,400 sqm.
CTP has been appointed by dog food manufacturers PsiBufet and Butternut Box to build a specialist facility to produce fresh dog food for distribution across continental Europe. The new facility is being developed in a build-to-suit model at CTPark Zabrze.
Panattoni has completed the construction of Panattoni Park Kraków East IV. The completion will be financed with a EUR 10.5 mln loan from Bank Gospodarstwa Krajowego. The facility has been fully leased by Omega Pilzno.
Panattoni is launching the construction of a new speculative centre in the Łódź region. The project is to have an eventual size of close to 30,000 sqm
CTP expands its partnership with Cargus, a courier company in Romania, with the inauguration of a new location in Sibiu.
VGP, a European provider of logistics spaces and semi-industrial real estate, has initiated the construction of the third building in VGP Park Bucharest North (A3). Building A covers an area of almost 26,000 sqm and has already two tenants, who have signed lease contracts for a total of more than 8,000 sqm.
Garbe has completed a distribution warehouse it developed in Holzgerlingen, south of Stuttgart, Germany, with a total area of around 14,500 sqm. The property was now officially handed over to Edeka Südwest.
7R has started a partnership with Wood & Company to jointly realize the development of 7R Park Tczew III. The first of four warehouses, mostly leased by ESA logistika Polska, has just been commissioned by Dekpol Budownictwo, while further halls are in the pipeline.
Industrial packaging distributor Neopak is to move its main warehousing facilities to Panattoni Park Warsaw South IV, where it is to occupy over 10,500 sqm of warehouse and office space.
Medivet, a provider of veterinary services and products, has leased more than 6,500 sqm of warehouse and office space at Fortress Logistics Park Bydgoszcz. The company will occupy circa 6,600 sqm in the facility.
Panattoni has delivered new space within Panattoni Park Tricity East III. Alfa Warehouses, a company specialising in warehouse logistics, is commencing its operations in the Gdańsk investment.
Maxprint, a wholesaler of office machinery and equipment, has renewed its lease at MLP Pruszków II logistics centre. The tenant currently occupies almost 3,200 sqm of warehouse space in the complex.
CTP signed a contract with Scan Global Logistics for almost 13,000 sqm of space in CTPark Budapest East’s ULL2 Hall In December 2023. The logistics provider has already taken an additional 7,800 sqm of leased space in Q1 2024 in the ULL3 building, which is currently undergoing BREEAM certification.
According to data from Colliers, a trend called Shell & Core is gaining momentum in the Czech Republic. This is a strategy where developers construct and build out industrial buildings to the stage of providing basic structures and infrastructure and wait for buyers.
Panattoni has started construction of the new International Consolidation Centre (ICC) for Mercedes-Benz in Bischweier.
CTP has signed a lease agreement with the logistics service provider for an additional 2,000 sqm, thus the company will occupy a total of 13,000 sqm at the facility.
GLP has begun construction of the final hall of Wrocław V Logistics Centre in Magnice. The building, with an area of over 67,000 sqm, will be constructed in accordance with the requirements of BREEAM certification at the Outstanding level.
Panattoni announces its expansion into the Middle East with the launch of an operation in Saudi Arabia. The company’s initial focus is on three of the largest Saudi Arabian cities: Riyadh, Jeddah and Dammam. The move marks a milestone for Panattoni in its ambition to capitalise on emerging opportunities in key global markets in the Middle East and Asia.
Panattoni has begun construction on a new industrial park in Będzin. The first stage of the work, that has already been launched, will comprise a 27,500 sqm building constructed on a speculative basis.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real e ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Globalworth Tower Center International, the fourth-tallest office project in Bucharest, serving more than 2,000 occupants, has been granted the LEED c ...
Eurobuild Awards 2023 is behind us, but if you haven't yet gotten your hands on the special "Eurobuild" supplement prepared for the Gala evening, you ...
The May issue of "Eurobuild" has already been published, as usual, full of interesting articles and professional analyses! Lovers of news in the field ...
In the latest episode of Eurobuild FM, Zdena Noack, managing director of Zeitraum Student Housing, comments on the condition of the sector in Poland, ...
Tomorrow, as every year, we will meet at the golf course in Rajszew and at the Warszawianka courts to build relationships, have fun and, at the same t ...
This latest episode of 'Eye to Eye' is hot out of the podcast oven and ready to listen to! Eurobuild’s guest today is Paweł Sapek, the head of Prologi ...
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
Cloud IX, Budapest’s latest panoramic skybar, has been opened in the ibis & Tribe Budapest Stadium Hotel in the WING Liberty building. Opened last Dec ...
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held th ...
The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
S Immo has concluded contracts to sell a large portfolio consisting of 18 German commercial and one residential property with a total property transac ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Last week, Nordbygg, Northern Europe’s biggest trade fair for professionals in construction and real estate industry, took place at Stockholmsmässan i ...
Warsaw's Skyliner has gained a new tenant. Xperi, an American technology company, will occupy nearly 3,000 sqm of space in the office building.
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's em ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
The Zeitraum private student house in Warsaw's Solec district has opened. In addition to 214 beds, the facility offers, among other things, a roof ter ...
In Warsaw's Norblin Factory, the only stationary Answear.com concept store in Europe started its activity. On the area of 2,000 sqm, the customers wil ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
Cushman & Wakefield has presented unique data based on its record of enquiries made by those interested in leasing industrial and logistics space in t ...
Is the Polish commercial property market still attractive for German investors?
Is the Polish commercial property market still attractive for German investors?
Szymon Mojzesowicz, CEO Lege Advisors
Despite the difficult situation on the European market due to many unexpected events, Germany is still one of the largest foreign investors in Poland. In recent decades, German com ...
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
Walter Herz
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...
The retail sector is not slowing down
The retail sector is not slowing down
Walter Herz
The pandemic, conflict in Ukraine as well as inflation and high interest rates that recent years have brought have reshaped the real estate market around the world. The global slow ...