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Residential

POLAND/HUNGARY Cordia cashes in EUR 38 mln from Polnord takeover

schedule 03 July 2020
Opr./edited by NN

Cordia is set to make a profit of EUR 38.2 mln (app. PLN 170.4 mln or HUF 13.6 bln) from its acquisition this year of a 93 pct stake in Polish residential developer Polnord.

Residential

POLAND Echo restores life to 19th century Wrocław palace

schedule 03 July 2020
Opr./edited by NN

Echo Investment has completed the renovation of the historic palace within its Ogrody Graua residential development in Wrocław, which now contains eight luxury apartments for sale.

Warehouse & industrial

HUNGARY Prologis brings Parklife to Budapest tenants

schedule 03 July 2020
Nathan North
deputy editor

Prologis has acquired a 13 ha site for a new complex – Prologis Park Budapest-Sziget II.

Green projects

3D-printed house “built” in 22 hours

schedule 03 July 2020
Nathan North
deputy editor

Prvok od Buřinky the first Czech 3D-printed floating house made from concrete has now been “built” in České Budějovice.

Warehouse & industrial

POLAND Prologis leasing and re-leasing in Wrocław

schedule 03 July 2020
Opr./edited by NN

A number of new leases and renewals have recently been signed for space in Prologis parks in Wrocław.

Hotels

ROMANIA Ibis to open at Bucharest airport

schedule 03 July 2020
Nathan North
deputy editor

Accor has signed a management agreement with Alexandra Residence Design to open 144-room Ibis hotel near the future Terminal 2 of Bucharest’s main Henri Coandă Airport by the end of 2022.

Office & mixed-use development

POLAND ABB moves to Monopolis

schedule 02 July 2020
Opr./edited by NN

Swiss automation tech company ABB is to relocate to newly-completed offices in the M1 building of the Monopolis complex in Łódź, where it has leased 1,400 sqm.

Office & mixed-use development

Warsaw in top ten fintech cities - Savills

schedule 02 July 2020
Opr./edited by NN

Warsaw is the tenth most attractive city in Europe for the fintech sector, according to a survey by Savills.

Office & mixed-use development

The future’s flex

schedule 02 July 2020
Nathan North
deputy editor

Hungarian-based serviced office operator New Work has gone from strength-to-strength in the CEE region since its foundation eight years ago in the aftermath of the credit crunch. Now it is poised to expand even further in the wake of the latest crisis, according to the company’s CEO, Hubert Abt, who we spoke to in an exclusive interview

Investment & finance

POLAND Arrow takes aim at Poland

schedule 01 July 2020
Opr./edited by NN

Arrow Capital Partners has acquired Airport House in Warsaw for its USD 3 bln European Strategic Industrial Real Estate (SIRE) platform for an undisclosed sum.

Warehouse & industrial

POLAND Panattoni to begin latest Silesian park

schedule 01 July 2020
Opr./edited by NN

Panattoni is to develop its latest warehouse and manufacturing park in Silesia – Panattoni Park Zabrze II.

Investment & finance

POLAND Strong H1 volumes despite the virus

schedule 01 July 2020
Opr./edited by NN

An investment volume of EUR 2.9 bln was transacted on Polish real estate in the second best H1 on record, according to JLL.

Investment & finance

POLAND Investor confidence set to recover – Cresa

schedule 30 June 2020
Opr./edited by RO

Despite the impact of the pandemic, Poland should continue to be an attractive commercial real estate investment destination, according to Cresa.

Office & mixed-use development

POLAND GFT moves HQ to Brama Miasta

schedule 30 June 2020
Nathan North
deputy editor

German software provider GFT is moving its Polish headquarters in Łódź to the first building of the Brama Miasta complex in the city centre, where it will occupy three floors and 4,700 sqm.

Office & mixed-use development

POLAND Skanska seals largest ever lease

schedule 30 June 2020
Nathan North
deputy editor

Skanska has finalised the signing of a ten-year, 47,000 sqm lease with insurance company PZU for all the office, retail, storage and parking space in the third stage of Generation Park in Warsaw – the entire Y building.

Warehouse & industrial

POLAND Accolade to invest EUR 47 mln in Gorzów

schedule 30 June 2020
Opr./edited by RO

Accolade has been revealed to be the investor behind the Panattoni Park Gorzów Wielkopolski, which is currently being developed by Panattoni in western Poland.

Property and Facility Management

POLAND MVGM chosen for City One

schedule 29 June 2020
Nathan North
deputy editor

MVGM has taken over the management of City One, the first stage of the City Forum office complex in Wrocław.

Office & mixed-use development

Romania Hagag takes on Știrbey Palace

schedule 29 June 2020
Opr./edited by AH

Real estate developer Hagag Development Europe has received the urban planning certificate for its restoration and conversion into offices of Știrbey Palace in Bucharest.

Investment & finance

CZECH REPUBLIC City West C1 and C2 sold for CZK 2 bln

schedule 29 June 2020
Nathan North
deputy editor

Czech real estate group Českomoravská Nemovitostní (ČMN) has completed the CZK 2 bln (app. EUR 74.5 mln) acquisition of two office buildings: City West C1 and C2 in Prague’s western Stodůlky district.

Technology

WORLD Investment set to rise in home office tech

schedule 29 June 2020
Opr./edited by RO

As many as 88 pct of EMEA occupiers intend to invest more in technology designed specifically to aid home working, according to CBRE’s 2020 EMEA Occupier Flash Survey.

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