Warehouse & industrial
Catering products supplier Bidfood Farutex has become the first tenant of Prologis’ largest ever speculative building, having leased 9,795 sqm at Prologis Park Wrocław III.
Office & mixed-use development
In 2022, the demand for offices in Warsaw exceeded 860,000 sqm. The highest tenant activity could be seen in Q1 and Q4 of the previous year. Traditionally, most Warsaw offices were contracted by companies from the financial sector, business services and the IT industry.
Retail & leisure
In January 2023, Sierra Balmain commenced cooperation in the field of lease management and the provision of financial and corporate accounting services for the Forum Gdańsk shopping centre, owned by NEPI Rockcastle.
Retail & leisure
The Dawna Fabryka retail park is to be built on the site of the former ZREMB Foundry near the centre of Jelenia Góra in southwestern Poland.
Investment & finance
Czech industrial real estate investor and developer Arete is to receive more than EUR 100 mln (CZK 2.5 bln) in financing for its portfolio from a consortium of banks made up of Česká spořitelna and Slovenská sporiteľňa.
Investment & finance
German residential and retail developer and asset manager Trei Real Estate has obtained EUR 40 mln in debt funding from Berlin Hyp.
Office & mixed-use development
Logistics provider Orbico Hungary has leased 1,253 sqm of office space in the first phase of H2Offices complex in Budapest.
Investment & finance
The investment volume of 2022 was shaped by five large deals, which accounted for 40 pct of the total result. Market liquidity fell by 27 pct, from a record 166 transactions in 2021 to 122 completed in 2022, according to experts at Avison Young.
Warehouse & industrial
Panattoni has purchased a 35 ha plot for the development of Panattoni Park Poznań A2. Construction work on the complex, which has a target area of almost 150,000 sqm, is to start as early as February.
Investment & finance
Develia has signed a preliminary agreement for the sale of Wola Retro office building in Warsaw. The buyer is WR Office, owned by an investment fund managed by Adventum Group. The sale price was set at EUR 69.8 mln, or app. PLN 328.6 mln.
Investment & finance
Szczecin is putting up for sale the building of a historic oil mill, which could be transformed into an interesting mix-use project. The property can be purchased with a 99 pct. discount on the net sale price.
Warehouse & industrial
LPP has leased a 65,000 sqm facility at CTPark Bucharest West distribution and logistics centre. The deal represents the first partnership between Poland’s LPP and CTP in Europe.
Warehouse & industrial
Panattoni Park Poznań West Gate is nearing full commercialization - the developer has already leased around 58,000 sqm in the facility, which has a total area of 61,000 sqm. Nearly 10,500 sqm is used by DFDS, a company offering transport and logistics services.
Warehouse & industrial
Garbe is to start work on Garbe Park České Budějovice near the South Bohemian city, following the conclusion of a deal with German hydronic heating specialist Taconova to lease almost 10,500 sqm of space in the park. Another 9,500 sqm of logistics space is at the same time to be developed speculatively.
Office & mixed-use development
Senior and disabled persons home care provider Aterima Group has prolonged and extended its lease in Bonarka for Business in Kraków.
Office & mixed-use development
Schneider Electric Polska renegotiated the contract and extended its lease of 8,500 sqm of office space in Park Rozwoju in Warsaw’s Służewiec business district.
Warehouse & industrial
Logistics company Dirks Consumer Slovakia has leased 43,320 sqm in the first phase of VGP Park Bratislava.
Warehouse & industrial
Cable and wire manufacturer and distributor TKD Polska has leased about 2,800 sqm at the MLP Pruszków II logistics park on Warsaw’s western outskirts.
Investment & finance
Second closing has been sealed for the Duodev 2 fund initiated by the Mestdagh and Mulliez families, proposing to invest in European real estate projects developed by Equilis. Six months after the approval of the first closing, the Duodev 2 fund continues its success.
Warehouse & industrial
Panattoni has purchased 4 ha of land and is soon to start construction on Panattoni Park Warsaw South III Piaseczno, where it will develop around 20,000 sqm.
Czech industrial real estate investor and developer Arete is to receive more than EUR 100 mln (CZK 2.5 bln) in financing for its portfolio from a consortium of banks made up of Česká spořitelna and Slovenská sporiteľňa.
German residential and retail developer and asset manager Trei Real Estate has obtained EUR 40 mln in debt funding from Berlin Hyp.
The investment volume of 2022 was shaped by five large deals, which accounted for 40 pct of the total result. Market liquidity fell by 27 pct, from a record 166 transactions in 2021 to 122 completed in 2022, according to experts at Avison Young.
Develia has signed a preliminary agreement for the sale of Wola Retro office building in Warsaw. The buyer is WR Office, owned by an investment fund managed by Adventum Group. The sale price was set at EUR 69.8 mln, or app. PLN 328.6 mln.
Szczecin is putting up for sale the building of a historic oil mill, which could be transformed into an interesting mix-use project. The property can be purchased with a 99 pct. discount on the net sale price.
Second closing has been sealed for the Duodev 2 fund initiated by the Mestdagh and Mulliez families, proposing to invest in European real estate projects developed by Equilis. Six months after the approval of the first closing, the Duodev 2 fund continues its success.
Austrian real estate companies S Immo and Immofinanz have signed a framework agreement to establish a joint process to review the further alignment, coordination, merger or other forms of integration across the two groups.
AT Capital Group has finalised the acquisition of a plot at the junction of ul. Grzybowska and ul. Żelazna in central Warsaw from Golub GetHouse, which was planning to develop the Liberty Tower hotel and residential development on the site.
FLE SICAV FIS has acquired its fifth office property in Poland – the Kopernik Office Buildings complex in Warsaw from DWS for an undisclosed sum.
Bluehouse Capital has sold the Olympia Tower office building in Bucharest to Gibraltar-based investor Yellow Tree for an undisclosed sum.
According to Colliers, rising energy prices, construction costs and rents, the crisis of restaurants, pressure for ESG compliance and changes in the Prague high street are the main trends that will affect the Czech real estate market in 2023.
7R, a warehouse developer, and DWS, a global real estate manager, have closed a transaction for the transfer of ownership of 7R Park Poznań East II, a warehouse park with a gross leasable area of over 51,000 sqm.
Adventum Group has signed an agreement to buy the @Expo office complex in Bucharest from its developer Atenor for an undisclosed sum.
Berlin Hyp has issued its first dual tranche of Social Pfandbrief and Green Pfandbrief bonds with a combined value of EUR 1 bln, Orders for the bonds are more than 3.5 times oversubscribed.
CEE office investor Globalworth has secured two financing facilities for a combined EUR 160 mln from Erste Group.
S Immo has completed the purchase of a 124,000 sqm office portfolio in Budapest from Immofinanz for EUR 244.1 mln.
Echo Investment has sold the Face2Face Business Campus in Katowice for over EUR 100 mln to Investika and Bud Holdings.
One United Properties has acquired for EUR 3.73 mln three historic buildings in the centre of Bucharest, which it now plans to redevelop.
Hamburg-based Union Investment has sold the Maraton office building in Poznań to a subsidiary of Austrian company Uniqa Real Estate for an undisclosed sum.
Savills has presented its Investment Management Outlook for real estate investment markets in 2023. Urban Industrial and logistics, essential retail, affordable housing, and real estate debt likely to be safest havens in the coming year.
Russian poet and singer Alexander Vertinsky wrote in his memoirs on January 8th 1918: “Life in Moscow had become harder...
Small talkTenant representation agency ITRA has been operating on the Polish market for almost a year - and what an eventful year it has been! We spoke to Artur Sutor, the CEO of ITRA Poland ...
Small talkFlex space operator Mindspace is opening its second location in Warsaw, in the Skyliner building. And is targeting a different type of client – the big corporations. As Michał Kwi ...
Penta Real Estate is holding an architectural competition for the development of a 4.5 ha brownfield site that formed part of the former Juraj Dimitro ...
Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headqua ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
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 ...
For the 12th time it all went with a bang! The winners of the Eurobuild Awards 2022 have been announced to almost 900 guests of the Awards Gala, who w ...
Wishing all our readers a very happy Christmas and all the best in the coming year from everyone on the editorial staff of Eurobuild CEE!
A special series of podcasts straight from Expo Real! All the latest comment and forecasts exclusively on www.eurobuildcee.com! Today is the final epi ...
It’s time to stretch those muscles once again! It is our great pleasure to invite you to our latest event – the 1st Eurobuild CEE Winter Doubles Tenni ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
Panattoni is supporting the upcycling of the machinery used to generate green energy. In 15 of its locations environmentally friendly outdoor furnitur ...
JW Marriott, part of Marriott Bonvoy’s, has unveiled its new property in Germany with the opening of JW Marriott Hotel Berlin. It is the brand’s secon ...
BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.
Mazowiecki province has issued a ZRID permit for Mostostal Warszawa to construct a 12 km section of the S7 expressway between Załuski and Modlin, nort ...
The Chybik + Kristof architectural office has won the design competition to transform a former textile factory into a new contemporary art gallery and ...
Czech industrial real estate investor and developer Arete is to receive more than EUR 100 mln (CZK 2.5 bln) in financing for its portfolio from a cons ...
Atman, ICT service provider, has purchased an investment site of nearly 6 hectares in Duchnice, in the municipality of Ożarów Mazowiecki. The company ...
The company has been strengthening its position on the commercial real estate market as a specialist consultancy providing comprehensive tenant and la ...
In 2022, the demand for offices in Warsaw exceeded 860,000 sqm. The highest tenant activity could be seen in Q1 and Q4 of the previous year. Tradition ...
Colliers has been appointed property manager of four buildings of Łużycka Office Park and also of Łużycka Plus in Gdynia, which were recently acquired ...
The renovation of the Darius and Girėnas Stadium in Kaunas has been completed. The grand opening will take place in mid-October, when the stadium will ...
Empira Group has acquired the Langes Land, a residential project in Munich, Germany. The project will create residential space in the highly sought-af ...
In January 2023, Sierra Balmain commenced cooperation in the field of lease management and the provision of financial and corporate accounting service ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
Catering products supplier Bidfood Farutex has become the first tenant of Prologis’ largest ever speculative building, having leased 9,795 sqm at Prol ...
