Warehouse & industrial
CTP expands its partnership with Cargus, a courier company in Romania, with the inauguration of a new location in Sibiu.
Material partner
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.
Office & mixed-use development
Atenor, the Belgian developer responsible for the Lakeside development in Warsaw's Mokotów district, intends to renovate the neighbouring UBC II building. The project received planning permission in March this year.
Office & mixed-use development
Axi Immo has decided to extend its existing lease and add new space for its growing business lines in Warsaw's Spektrum Tower office building.
Warehouse & industrial
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.
Investment & finance
Real estate investor and fund manager Cromwell Property Group has announced the sale of six retail centres across Poland, held by the Cromwell Polish Retail Fund to Star Capital Finance for EUR 285 mln.
Investment & finance
Skanska has sold the Studio B office building in Warsaw to Stena Real Estate for EUR 86 mln. This is already third transaction between the two parties in Central and Eastern Europe.
Investment & finance
Peakside Capital and Generali Investments Slovenia have sold, on behalf of Generali Adriatic Value Fund, the Austria Trend hotel located in the Slovenian capital.
Warehouse & industrial
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.
Investment & finance
ING Bank Śląski has agreed to lend more than EUR 26.8 mln to MLP Group. The purpose of the loan is to refinance existing projects spanning an area of 58,200 sqm, and finance the construction of another 21,700 sqm of warehouse facilities within the MLP Poznań and MLP Poznań II logistics parks.
ESG
Sopot Marriott Resort & Spa, inaugurated in 2012, has been awarded the LEED Gold certification in the Operations and Maintenance category, granted to existing buildings.
Office & mixed-use development
Volvo Tech Hub will occupy 10,000 sqm of space in the Brain Park C building owned by Echo Investment. The new part of Volvo Car Poland will move into the Kraków office building in stages, starting in September 2024.
Investment & finance
Panattoni has received financial support for the development of the City Logistics Kraków III project. The EUR 21 mln loan granted by mBank will make it possible to finalise the construction of the logistics park, located in Kraków’s Nowa Huta district.
Warehouse & industrial
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.
Investment & finance
Real Management has signed a loan agreement with mBank for over EUR 14 mln in funding for construction of the Good Point V warehouse and production park in Łubna.
Warehouse & industrial
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.
Office & mixed-use development
The Office House building in the Towarowa 22 project has reached its target height of nine floors. Installation of energy-efficient glass has begun on the façade.
Eurobuild CEE
The May issue of "Eurobuild" has already been published, as usual, full of interesting articles and professional analyses! Lovers of news in the fields of technology, investments, finance, PRS, retail and logistics will not be bored!
Office & mixed-use development
Eurocash Group is staying at the Warsaw office complex, part of the portfolio of Pine Bridge Benson Elliot and Syrena Real Estate, for the next few years. Eurocash has signed a lease for four floors in Building A at Diuna, totalling nearly 4,600 sqm.
Investment & finance
A specialist real estate investor has purchased the Panattoni Park Poznań XI for EUR 92.5 mln. The centre is one of the main logistics hubs for a leading European fashion platform for its operations.
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 opportunity to build approximately 200,000 sqm of leasable space.
Garbe Industrial Real Estate has secured another plot of land in Rüdenhausen, Germany. The Hamburg-based project developer is planning a logistics centre with a total area of around 19,200 sqm on the site.
Slovak investment fund Prvý realitný fond, through its company Logis Rugvica, has acquired a plot of land in the area of the village of Sveta Helena near Zagreb. This marks the fund's debut on the Croatian market.
Tree Development Group, through a special purpose vehicle, has acquired investment land in the centre of Łódź. A residential project will be built on the plot.
Laufen Austria site in Wilhelmsburg has been sold to a private investor. The zone combines two sites with a total area of approx. 75,000 sqm and a building stock of around 58,500 sqm.
Wrocław-based Satoia has acquired a 10 ha plot in Wolbórz from CPD for an undisclosed sum. The land has the potential for the development of an app. 43,000 sqm warehouse project.
Logicor has acquired an app. 10 ha brownfield site near Turnov, in the municipality of Příšovice, about 90 km northeast of Prague.
Real Management has concluded the sale of a 13.7 ha development site on ul. Wesoła in Pionki near Radom to Family Partners for an undisclosed sum.
Real Management has finalised the purchase of a 13.3 ha development plot in Łubna, on national road 79 connecting Warsaw, Piaseczno and Góra Kalwaria.
Atman, ICT service provider, has purchased an investment site of nearly 6 hectares in Duchnice, in the municipality of Ożarów Mazowiecki. The company provides data security and applications using its own fibre-optic network, servers and cloud computing.
Garbe Industrial Real Estate has acquired a 47,000 sqm plot of land ready for construction in Thuringia, Germany, which can be used for both commercial and logistical purposes. Construction is expected to begin in Q2 of 2023.
Swedish developer Skanska has acquired around 20 ha of land in Kraków from the Polish postal service Poczta Polska for PLN 90 mln.
A parcel of plots amounting to more than 50 ha in Wiskitki close to Żyrardów (about 50 km west of central Warsaw) has been acquired by an undisclosed commercial real estate developer, according to JLL, which handled the transaction.
DLE Poland, a fund managed by German land development specialist DLE made its first Polish acquisition – a site for the possible development of 4,500 apartments in Warsaw’s Żerań district.
Slovakian developer Penta Real Estate has announced that it has acquired 8.5 ha along the south bank of the Danube in Bratislava from HB Reavis.
Slovakian real estate group HB Reavis has sold the site of the now demolished Transgas complex in central Prague to Czech developer PSN for CZK 870 mln (app. EUR 72 mln), which it claims is a record sum for such transactions.
Czech medical hygiene and dressing producer Batist Medical has leased 1,000 sqm in the Missouri Park office building, which is currently being developed by CA Immo in Karlín (Prague 8).
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 ...
Sopot Marriott Resort & Spa, inaugurated in 2012, has been awarded the LEED Gold certification in the Operations and Maintenance category, granted to ...
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 ...
Welcome to a special episode of Eurobuild FM! Next Monday, the May issue of the "Eurobuild CEE" monthly will be released, and today we have a preview ...
On 24 May 2024, we will inaugurate a new event in the real estate community - Eurobuild's Annual Running Tournament! Participants will run through the ...
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 ...
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almos ...
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 ...
Real estate investor and fund manager Cromwell Property Group has announced the sale of six retail centres across Poland, held by the Cromwell Polish ...
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 ...
Atenor, the Belgian developer responsible for the Lakeside development in Warsaw's Mokotów district, intends to renovate the neighbouring UBC II build ...
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 ...
135 of the 650 residences have already been sold in the pre-sale phase of JTRE’s new Downtown Yards project. The mixed-use neighbourhood in Bratislava ...
The Cepelia pavilion at the junction of Al. Jerozolimskie and ul. Marszałkowska in Warsaw is undergoing renovation. A three-storey Empik store with a ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
CTP expands its partnership with Cargus, a courier company in Romania, with the inauguration of a new location in Sibiu.
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 ...
Retail parks – current opportunities
Retail parks – current opportunities
Avison Young
Over the last few years, retail parks in Poland were mostly developed in smaller formats, around 5,000 sqm, either adding to the existing retail landscape or introducing modern ret ...