Investment & finance
Praktiker Real Estate has acquired the Muntenia Business Center in central Bucharest for around EUR 8 mln
Material partner
Peninsula Property is an investor and development company that builds high-quality, thoughtfully designed apartment buildings, boutique residences and hotels to ensure the best possible experience for future residents and tenants. It stands out for its innovative designs and concepts in the Polish market.
Investment & finance
Invesco Real Estate has announced the acquisition of the Cloud One Gdańsk hotel in Poland on behalf of its German client. The seller, Granaria Development Gdańsk, is a joint venture between Immobel and Multibud.
Office & mixed-use development
America House in Bucarest has extended its lease agreement with OLX and an increase in office space of 43 pct, reaching a total area of 1,663 sqm.
Hotels
Boutique brand Accor is making its debut in Germany with the opening of a hotel in Düsseldorf. The company also announces plans to open its first property in Croatia in 2026.
Hotels
The Art Nouveau hotel Grand Hotel Evropa in Prague has started operating under the W Hotels banner as W Prague. This is the first property of this Marriott Bonvoy-owned brand in the Czech capital.
Investment & finance
LCP Properties, part of the international M Core group, has finalised the purchase of a project in Trzebiatów, located in West Pomerania. The seller is from Green Hills Investment. The property, which will open as M Park Trzebiatów, will offer more than 6,250 sqm. GLA with 12 tenants. The opening of the facility is planned for Q3 2025.
Office & mixed-use development
According to data from the Cushman & Wakefield Echinox, the Bucharest office stock ranks among the youngest across Europe and the CEE region. This provides a significant advantage for landlords in attracting and retaining tenants, as the city’s office spaces are less likely to face obsolescence over the next 5-6 years.
Warehouse & industrial
CTP has leased an additional 42,000 sqm to Polish fashion producer LPP at CTPark Bucharest West. LPP’s latest lease takes its total footprint at CTPark Bucharest West to 131,000 sqm.
Warehouse & industrial
MLP Group is starting the development of its second warehouse park in close proximity to Berlin. The MLP Spreenhagen park will eventually offer 39,000 sqm of modern space. The project is scheduled for completion and occupancy in Q3 2025.
Investment & finance
Panattoni has secured EUR 20.7 mln in financing from Bank Milennium to develop a logistics hub for Auchan Polska. A fully robotic built-to-suit warehouse is to be constructed in Wilcza Góra near Warsaw.
Investment & finance
The property had belonged to the Invel Real Estate/Castlelake portfolio since 2016. The sole advisor for the sale of Galeria Wisła was Avison Young. The seller was advised by Dentons on legal matters.
ESG
All buildings completed by Echo Investment in Kraków's Brain Park complex have obtained BREEAM New Construction certification at the Excellent level. The latest stage of the project has just achieved a very high score of 78.9 pct.
Residential
Resi Capital, a company belonging to the Cavatina Group, is preparing its first residential project in Bielsko-Biała. The Reytan Apartments will be built on the site of the former Befama industrial plant.
Warehouse & industrial
Construction work on a modern logistics property in Norderstedt has officially begun with a symbolic ground-breaking ceremony. Just a few kilometres north of Hamburg’s city limits, Garbe is developing a new building with a total area of 12,700 sqm. Completion is planned for the middle of next year.
Investment & finance
Real Management has secured loan financing of PLN 120 mln, which will be used for growth in the development business. The financing was again provided by mBank.
Investment & finance
UBM Development has sold Galeria Szperk in Kosakowo near Gdynia to the Polish company Rewa, based in Krakow, for almost EUR 18 mln.
Hotels
The Sofitel Grand Sopot has changed hands. The Polish company Sinfam Investments became the new owner of the hotel. The seller was AccorInvest, which includes the Orbis group. Sofitel will remain the managing operator of the hotel.
Office & mixed-use development
Nivea Polska/Beiersdorf will open its first office in Warsaw, leasing nearly 400 sqm on the 37th floor of the HB Reavis-owned Varso Tower. The contract has been signed for five years and the office will begin operations in May 2025. The new headquarters will act as a satellite office and will also be a representative meeting space for the entire Eastern European region.
Warehouse & industrial
MLP Group has signed a lease agreement with Langowski Logistics, a Polish logistics operator specialising in international container transport. The company will occupy a total of more than 5,600 sqm of space in the MLP Pruszków II complex. The new tenant can already use a 5,400 sqm warehouse hall. Approx. 250 sqm of social and office space is still in the pipeline, to be moved into in August 2025.
CTP has leased an additional 42,000 sqm to Polish fashion producer LPP at CTPark Bucharest West. LPP’s latest lease takes its total footprint at CTPark Bucharest West to 131,000 sqm.
MLP Group is starting the development of its second warehouse park in close proximity to Berlin. The MLP Spreenhagen park will eventually offer 39,000 sqm of modern space. The project is scheduled for completion and occupancy in Q3 2025.
Construction work on a modern logistics property in Norderstedt has officially begun with a symbolic ground-breaking ceremony. Just a few kilometres north of Hamburg’s city limits, Garbe is developing a new building with a total area of 12,700 sqm. Completion is planned for the middle of next year.
MLP Group has signed a lease agreement with Langowski Logistics, a Polish logistics operator specialising in international container transport. The company will occupy a total of more than 5,600 sqm of space in the MLP Pruszków II complex. The new tenant can already use a 5,400 sqm warehouse hall. Approx. 250 sqm of social and office space is still in the pipeline, to be moved into in August 2025.
Mountpark has secured Alza, an online retailer in Central and Eastern Europe, as the first customer at Mountpark Bratislava. Alza has leased a 65,000 sqm facility in Building A at the logistics park, construction of which commenced in October.
Garbe has announced the full occupancy of all its industrial parks in the CEE region. The recently vacated space of 10,000 sqm in Garbe Park Senec was immediately occupied by logistics company Würth International Trading.
Panattoni will begin construction of a new park in the Silesian voivodship - Panattoni Park Sosnowiec V. The investment will ultimately comprise two buildings with a total space of over 52,000 sqm. The first tenant is Hebe, for which a BTS distribution centre will be prepared within the facility.
CTP has handed over a new 100,000 sqm logistics centre in Hungary to Tesco. Built as part of a greenfield investment spanning 60 ha near Szigetszentmiklós, the state-of-the-art facility aims to enhance Tesco’s efficiency in serving Hungarian customers and optimise transportation logistics. The centre will fully serve Tesco stores nationwide starting in March 2025.
CTP has signed new leases with two logistics businesses on almost 30,000 sqm of space across CTPark Bremen and CTPark Oschersleben in Germany.
P3 Logistic Parks has started at P3 Poznań park the construction of a warehouse with a total area of nearly 27,000 sq m for ochama, a European omni-channel brand owned by Chinese retailer JD.com.
The Polish industrial and logistics market demonstrated resilience in the first three quarters of 2024. During this period, 2.1 mln sqm of new warehouse space was delivered, expanding the sector’s total stock to nearly 34 mln sqm (+9 pct Y/Y).
According to Cushman & Wakefield, Poland recorded the second-highest industrial take-up in Europe between January and September 2024. Looking ahead, robust demand, coupled with a decline in speculative construction, is likely to tighten the availability of warehouse space for lease.
7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the D8 highway, which serves the Greater Prague area.
According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market.
Lynka, a European supplier of branded apparel, has extended its lease of 9,000 sqm of warehouse, manufacturing, office and social space in Panattoni Park Kraków IV.
The two Łódź logistics centres - Hillwood Łódź Chocianowice and Hillwood Łódź Górna - have been fully leased. The latest agreement has been concluded at the second facility, with a client from the electronics industry.
P3 Logistic Parks and Orlen have signed a lease agreement for nearly 24,000 sqm of space in the P3 Piotrków park. The facility will serve as a warehouse for supplying the corporation's fuel stations.
Panattoni has completed a BTS development in Świdnik. A new factory was built for Trilux, a German company operating in the professional lighting sector.
CTP has began the construction of a new distribution centre of more than 30,000 sqm at CTPark Blatnice in the Czech Republic for Redcare Pharmacy. The building is scheduled for completion in July 2025.
DHL Supply Chain opened its first warehouse in Poland equipped with AutoStore. The robotised facility in Gorzów Wielkopolski marks the first deployment of the automated system by the company.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
All buildings completed by Echo Investment in Kraków's Brain Park complex have obtained BREEAM New Construction certification at the Excellent level. ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
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 ...
Boutique brand Accor is making its debut in Germany with the opening of a hotel in Düsseldorf. The company also announces plans to open its first prop ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Praktiker Real Estate has acquired the Muntenia Business Center in central Bucharest for around EUR 8 mln
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 ...
Peninsula Property is an investor and development company that builds high-quality, thoughtfully designed apartment buildings, boutique residences and ...
America House in Bucarest has extended its lease agreement with OLX and an increase in office space of 43 pct, reaching a total area of 1,663 sqm.
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
Resi Capital, a company belonging to the Cavatina Group, is preparing its first residential project in Bielsko-Biała. The Reytan Apartments will be bu ...
An 800 sqm Biedronka grocery store is to open on the ground floor of the Moje Bielany residential complex, which is being developed by CeMat A/S at ul ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
CTP has leased an additional 42,000 sqm to Polish fashion producer LPP at CTPark Bucharest West. LPP’s latest lease takes its total footprint at CTPar ...
Office spaces in logistics centres: an alternative to office buildings?
Office spaces in logistics centres: an alternative to office buildings?
Axi Immo
The office market in Warsaw is currently experiencing a period of stability in terms of supply and take-up. Recent data on overall tenant activity indicates that clients in the cap ...
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Poland's commercial real estate sector faces a major challenge in meeting the ambitious targets set by the updated EPBD. From costly retrofits to regulatory uncertainty, investors ...
How will the new Planning Act change the property market?
How will the new Planning Act change the property market?
Axi Immo
With the entry into force of the new Planning Act, enacted on 24 September 2023, the Polish real estate market is facing significant changes that could affect the way developers, i ...