PL

Edition 1 (247) January 2020

Editorial

Cards on the table

Phew... we can all now breathe a sigh of relief. We no longer have to force ourselves to get up at the crack of dawn to go to the gym. The first few weeks of January are now behind us and we’ve probably already have forgotten about our New Year’s resolutions.

Ewa Andrzejewska
Events

The do to end the decade

On December 3rd, once again it was time to get together, take a look back at the passing year and find out who would take away the coveted Eurobuild Awards this time round. But it was also the end of the decade, so the event was bigger and better than ever before

Alex Hayes
Eurobuild Awards

Topping off ten tremendous years

The 10th Eurobuild Awards would not have been the event it was without the Awards of the Decade – honouring those who have made the greatest impact on the market over the last ten years

Eurobuild Awards

Enter the Atrium

It might come as something of a surprise that a company that ten years ago was totally unheard of in Poland has since managed to earn itself the reputation that won it the Eurobuild Decade Award – over such giants as Echo Investment and GTC

Rafał Ostrowski
Eurobuild Awards

A true trendsetter

The area around Rondo Daszyńskiego in central Warsaw, one of the hottest developments districts in the city, wouldn’t be what it is today if hadn’t been for the contribution made to it by Ghelamco. This was certainly one of the main factors the jury considered when it chose the company as the Office Developer of the Decade

Rafał Ostrowski
Eurobuild Awards

A running start for Maraton

The Maraton building in Poznań has proven itself better than all the other office buildings in the country. Its tenants rated it as the best office building of 2019. This is a great distinction and bodes well for a building that has only been operating on the market for two years

Tomasz Szpyt-Grzegórski
Feature

Hungry like the Griffin

The huge impact that Griffin Real Estate has made on the investment market has now earned the company the title of Investor of the Decade. and even some of the investment platforms it set up over this time proved to be big enough to be considered as strong rival candidates for the accolade themselves

Rafał Ostrowski
Eurobuild Awards

Tenfold growth in ten years

One thing that can be said almost without doubt is that no other agency in Poland could have matched the performance of JLL over the last decade

Feature

The sure bet of the decade

If the bookmakers had been taking bets on who was going to win the Eurobuild Award of the Decade for the best warehousing developer, few punters would have bet against Panattoni Europe, which has come to dominate the market over the last ten years

Rafał Ostrowski
Eurobuild Awards

Ten of the best

At the tenth anniversary Eurobuild Awards Gala, awards were handed to those companies and buildings that had made the greatest impact on the real estate and construction market in 2019 for both Poland and the CEE region. These winners had been picked earlier by a jury of over 250 recognised professionals on the real estate market but there was also a chance for the guests of the awards ceremony to have their say

Rafał Ostrowski
Eurobuild Awards

The best on the Baltic

Konrad Danecki, responsible for the investor supervision of Olivia Business Centre in Gdańsk, picked up the Eurobuild Award for best office building manager in Poland according to tenants. This representative of the winning team now shares some of his thoughts and experiences with us

Tomasz Szpyt-Grzegórski
Eurobuild Awards

Serenada’s serene progress

In 2019 it was Serenada in Kraków that turned out to be the best shopping centre in the opinion of tenants surveyed for the Eurobuild Awards. So let’s took a look at the factors behind its rise to the top

Anna Korólczyk-Lewandowska
Eurobuild Awards

Mastering relationships

According to tenants, the best manager in the shopping centre sector is Mayland Real Estate – the manager and owner of Serenada in Kraków. We spoke to Maciej Kiełbicki, the managing director of Mayland RE, about the significance of this accolade and the most important aspects of working as a mall manager

Anna Korólczyk - Lewandowska
Eurobuild Awards

A stroll in the park for Prologis

The latest Eurobuild Award for the Warehouse of the Year has gone to Prologis Park Błonie. Its tenants have voiced their appreciation for its excellent working conditions, parking and the improvements made by the owner, among other things. The work of the park’s manager was also very highly rated

Tomasz Cudowski
Eurobuild Awards

Third time win for Segro

Maciej Szyma picked up the Warehouse Manager of the Year award at the Eurobuild Awards 2019. He is responsible for managing logistics parks with a total of almost 250,000 sqm gla of warehouse, office and production space in Gliwice and Wrocław

Tomasz Cudowski
Trends

Ready to invest

Hines has been operating in Poland for more than 20 years. The company is mainly known for its work on the office market. Recently, the company has announced that it is to intensify its activities in Poland. What will this entail? Could this mean new projects or perhaps even moving into new sectors?

Anna Korólczyk-Lewandowska
Trends

Awaiting a bit of luxury

Neinver currently manages 23 malls, 18 of which are outlet centres. How different is it to manage an outlet centre from an ordinary mall?

Anna Korólczyk-Lewandowska
Stock market report

Sectors bucking the 2019 trend

the end of the year made no significant impact on investors’ overall assessment of the last twelve months on the Warsaw Stock Exchange – it was a weak year for the largest and most liquid companies. But for the sector indices, the final month-and-a-half confirmed how well developers have been doing and signalled a recovery for construction firms

Feature

Fired up – and forget the fireplace

A company can be well-organised but still enterprising… “and if we became a corporation, I’d quit,” declares Robert Dobrzycki, the head of Panattoni Europe and the recipient of the Eurobuild Award for Outstanding Contribution to the Real Estate Market. In his time at the helm of the company he has built a warehouse giant almost from scratch, but it seems that this has only sharpened his appetite for new markets across Europe and beyond

Ewa Andrzejewska
Feature

Share and rule

It is not just a way of saving money, but also a way of life. Sharing is the next big thing. And the trend has been taking root most vigorously in urban centres looking to become smart cities

Agnieszka Zielińska
Office & mixed-use development

Got a few square metres?

For many years subleasing was the only option for companies looking for small, ready-to-use office space that could be moved into immediately. Now flexible space operators are actively looking for this type of tenant. Does this mean the collapse of subleasing? Or maybe its character is about to change?

Tomasz Cudowski
Office & mixed-use development

I wasn’t built yesterday

More and more modern office space is coming onto the market in Warsaw as well as in other cities throughout Poland, but brand new office blocks are not the entire market. Around a third of total office stock is in buildings that may have already had a refurbishment – or two. This does not mean that it’s time to bring in a demolition crew since many companies can be shown the virtues of such buildings – although some might need a little convincing

Anna Korólczyk-Lewandowska
Warehouse & industrial

Warehouses for the workers

Modern warehouses are providing more amenities and are slowly becoming more similar to office buildings. A sauna and a bowling alley in a warehouse? This is already the norm in some countries, but not quite yet in Poland

Agnieszka Zielińska
Events

That was the year, that was!

Poland might be the star of the region when it comes to investment, but significant changes have been underway in the retail sector. Regional cities are now forging ahead of the capital city in the office development sector. The PRS sector, however, is unlikely to venture out of the largest cities at any time soon. The speakers agreed that it has been another good year with a slowdown still possible but not yet on the horizon

Anna Korólczyk-Lewandowska
Endpiece

Tomorrow belongs to us?

The beginning of the year is a good time for summaries and forecasts. I’m looking to the future because I want to find answers to some questions that bother me. The most optimistic forecasts are that we will live better and longer in the years to come. However, the more pessimistic scenario is that technological progress will come back to bite us, making us victims of the digital revolution

Agnieszka Zielińska

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