PL

Lithuanian government invests in energy efficiency

Green projects
LITHUANIA Lithuanian Ministry of Energy is set to improve energy efficiency of app. 3,500 to 4,000 residential buildings in the country by 2020. Estimated at app. LTL 1.5 bln (EUR 0.4 bln), the project will be partly financed by the EU, reports vz.lt.
A state-owned fund launched specifically for coordinating the project will be investing in the renovation of the buildings’ facades and their insulation, as well as in modernization of the buildings’ heating systems. According to the new strategy by the Lithuanian Ministry of Energy, the modernization program will embrace mainly multi-apartment blocks. However, some public venues were also placed on the ministerial list. The properties which will undergo the modernization account for app. 9–11 pct of all the Lithuanian multi-apartment buildings. The vast majority of them was built in 1961–1992. The program’s main goal is to reduce carbon dioxide emissions by at least 225,000 tonnes and save 785-885 GWh of energy as compared to 2013. The strategy complies with the EU directives on heating and energy efficiency.

Latest news

Office & mixed-use development

Poland The Shire expands in Kraków

schedule 04 November 2024
Opr./edited by JC

GTC, in collaboration with The Shire Beyond Coworking, is opening a new coworking space in Kraków's Korona Office Complex.

Material partner

Poland Brownfield rather than greenfield – a model for sustainable development at City Point Targówek

schedule 07 October 2024
Eurobuild CEE

Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure expansion often requires the development of greenfields, with adverse impacts on both local ecosystems and communities. A sustainable alternative is to revitalise brownfield urban sites, as exemplified by City Point Targówek, a project led by Peakside Capital Advisors.

Hotels

Czech Republic Juliš changes hands

schedule 04 November 2024
Opr./edited by JC

S Immo has successfully completed a sale of the Juliš Hotel in Prague, with a total leasable area of around 6,700 sqm.

Warehouse & industrial

Poland Panattoni gets millions from BNP Paribas

schedule 04 November 2024
Opr./edited by JC

Panattoni has been granted a loan for the development of a new distribution centre for a leading retailer. The EUR 36.5 mln loan was granted by BNP Paribas.

Office & mixed-use development

Poland Newly modernised Alfa attracts tenants

schedule 04 November 2024
Opr./edited by JC

Strabag PFS has moved into the Eurocentrum Alfa office building in Warsaw, owned by CPI Property Group Poland. The lease agreement is for over 1,000 sqm.

Office & mixed-use development

Poland Office pre-leases make a comeback in Warsaw

schedule 04 November 2024
Opr./edited by JC

According to “Office Occupier – Warsaw Office Market, Q1-Q3 2024”, a report published by Newmark Polska, in the Q3 of 2024, both leasing and development activity on the Warsaw office market remained largely consistent with the levels recorded in the previous quarter.

Warehouse & industrial

SAUDI ARABIA Panattoni signs $500m Saudi deal

schedule 31 October 2024
Opr./edited by NN

Panattoni Saudi Arabia and Bahrain-based GFH Financial Group (GFH) have today announced the creation of a strategic partnership for the development of 500,000 sqm of logistics facilities in Saudi Arabia.

Investment & finance

Russia Warimpex withdraws from Russia

schedule 31 October 2024
Opr./edited by JC

Warimpex Finanz- und Beteiligungs has sold its last remaining project in Russia, the Airportcity St. Petersburg, and is therefore no longer active in the Russian market.

Retail & leisure

Romania Physical retail dominates

schedule 31 October 2024
Opr./edited by ANZ

The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging period. The study includes responses from over 60 global retailers with a store network of over 130,000 locations, and shows that 71 pct of retailers planning to increase their number of physical stores intend to do so in markets where they are already present.

Office & mixed-use development

Poland The largest office deal in Łódź

schedule 31 October 2024
Opr./edited by ANZ

A pharmaceutical company has leased 6,000 sqm in the GTC-owned Sterlinga Business Center office building in Łódź. This is the largest office deal in Łódź in 2024.

Investment & finance

Poland Trinity One office complex in Warsaw purchased by Longvilliers

schedule 30 October 2024
Opr./edited by ANZ

Revetas Group has announced the successful disposal of the Trinity One class-A office complex in Warsaw to Longvilliers. The terms of the transaction were not disclosed.

Office & mixed-use development

Poland Warsaw office market stable

schedule 30 October 2024
Opr./edited by ANZ

Cushman & Wakefield has summarised the situation on the Warsaw office market for Q3 2024. Office take-up, both in leasing volumes and transaction numbers, was comparable to that recorded in the same period in 2023. Meanwhile, muted development activity, falling vacancy rates and shrinking land availability are likely to encourage investors to launch redevelopment projects.

Investment & finance

Poland Poland can win nearshoring investment

schedule 30 October 2024
Opr./edited by JC

Poland’s highly skilled workforce, growing pool of environmentally compliant buildings and developed IT services market make it an attractive destination for foreign investors who want to shorten their supply chains, according to experts on nearshoring at law firm DLA Piper.

Office & mixed-use development

Poland BGK stays in Varso

schedule 30 October 2024
Opr./edited by ANZ

Bank Gospodarstwa Krajowego has decided to extend its lease agreement for 13,600 sqm of office space in Varso Place. The company occupies five floors of the building.

Property and Facility Management

Poland Studio B under new management

schedule 30 October 2024
Opr./edited by JC

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.

Warehouse & industrial

Poland AI controlled centre for Auchan

schedule 30 October 2024
Opr./edited by JC

Panattoni is constructing a fully robotic BTS distribution centre for Auchan Polska. The centre in Wilcza Góra near Warsaw is to service the  customers from the updated internet platform.

Investment & finance

Poland Refinancing near Pruszków

schedule 30 October 2024
Opr./edited by ANZ

BNP Paribas Bank has granted MLP Group financing in the total amount of EUR 21.5 mln. The funds raised will be used to refinance the construction of a 34,600 sqm warehouse facility at the MLP Pruszków II logistics centre.

Warehouse & industrial

Czech Republic The sixth Garbe park in the Czech Republic

schedule 29 October 2024
Opr./edited by ANZ

Garbe Industrial Real Estate CEE has received the building permission for the construction of two industrial facilities in Pohořelice, located approx. 30 kilometers south of Brno. The new development, consisting of two halls measuring 20,000 sqm and 11,000 sqm, is set to begin construction imminently, with plans to make the properties available within eight months.

Warehouse & industrial

Poland Huge warehouse is now up and running

schedule 29 October 2024
Opr./edited by ANZ

The Neon logistics centre, developed for Hermes Fulfilment by Panattoni, has been opened. The area of the investment in Konin Żagański amounts to over 250,000 sqm.

Warehouse & industrial

Romania Pallady hub in Bucharest fully operational

schedule 29 October 2024
Opr./edited by ANZ

Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, the first last mile logistics hub in the city.

Latest in Green projects

schedule 20 September 2023

EIB grants CTP solar-powered €200m loan

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 programme across its European business park portfolio.

schedule 20 September 2023

Cromwell granted €66m green loan for Janki

Real estate investor and fund manager Cromwell Property Group has secured a EUR 66 mln green loan for the 61,000 sqm Janki shopping centre on the southern outskirts of Warsaw.

schedule 31 July 2023

Pad Res to build 2 PV farms in Pomerania

Pad Res, a joint venture between Griffin Capital Partners and Kajima Europe, is to build two photovoltaic farms in Pomerania with a total capacity of 117 megawatts.

schedule 10 May 2023

KGAL invests more in Polish green energy

German asset manager KGAL Investment Management is to establish a joint venture to build four solar and wind parks with specialist Polish developer Lasuno for its KGAL ESPF 5 impact fund.

schedule 18 April 2023

CTP holds the record

The newly constructed warehouse, which has expanded CTPark Prague West, has been certified as the most environmentally friendly industrial building in the Czech Republic according to ‘BREEAM New Construction’ standards, with a record score of 92.1 pct. The building is home to Rhenus Logistics, which uses it as a cross-dock for its pan-European network for collection services and warehousing.

schedule 28 March 2023

Very Green Norblin

Owned by the Capital Park Group, the Warsaw mixed use complex Norblin Factory has received the final BREEAM certificates for both its office and retail sections. A photovoltaic system has been installed in the complex, and the managers are continuing their efforts to steadily reduce the property’s carbon footprint.

schedule 22 March 2023

Platinium P180

Energy consumption reduced by almost 48 pct, almost 4 mln litres of water saved in a year and CO2 emissions reduced by more than 3,900 tonnes - these are the savings generated by the Warsaw P180 office building, developed by Skanska in Warsaw by the Wilanowska metro station. The investment has just received LEED Core & Shell certification at the Platinum level.

schedule 03 March 2023

First large carbon net zero mall

Docks Bruxsel in Brussels has received a CO2 neutrality certificate from CO2logic/South Pole. It is the first large shopping centre in Europe to receive this certification.

schedule 24 February 2023

Outstanding in Szczecin

Panattoni has received an "Outstanding" rating under the BREEAM International New Construction system for Panattoni Park Szczecin III halls A and B. This is the first such high level of certification in the industrial real estate market in Poland for a newly built investment.

schedule 20 February 2023

CA Immo’s green lease initiative

CA Immo has concluded 45 lease agreements with a total of nearly 29,000 sqm of office space in Warsaw in the past year, 20 pct of which in Q4 of 2022. The company has also introduced a green lease initiative in 2022, governing mutual commitment of landlord and tenant to optimize sustainable building operations. Since May 2022, 23 green lease agreements have already been concluded.

schedule 08 February 2023

.Ktw II is excellent

.Ktw II office building, developed by TDJ Estate, has been certified BREEAM at the Excellent level. The document is the final assessment of the investment's environmental impact. The building achieved a score of 80.6 pct.

schedule 31 January 2023

Towards a sustainable future

Globalworth received 47 various ESG related certifications for its Romanian portfolio in 2022, among them LEED, BREEM, WELL Health & Safety and Access4you accreditations.

schedule 18 January 2023

Life beyond the wind

Panattoni is supporting the upcycling of the machinery used to generate green energy. In 15 of its locations environmentally friendly outdoor furniture made from former wind turbines can already be found, and in 2023 similar furniture is to appear in another 100 locations.

schedule 10 January 2023

Very Good news for Etele Plaza

Futureal’s Etele Plaza in Budapest has received BREEAM 'Very Good' certification in the retail category.

schedule 28 November 2022

Windy in Kostomłoty

Bilfinger Tebodin has completed work on a 27 MW wind farm in Kostomłoty in the South-West of Poland. The investment was carried out by Polenergia, Poland's largest private energy group.

schedule 21 November 2022

Photovoltaics works for Warsaw Unit

Ghelamco has completed its first three photovoltaic farms as part of its programme to achieve energy neutrality, announced in May 2022.  The installations, with a capacity of nearly 3 MW, were built in three locations in the Opole region.

schedule 07 November 2022

Strabag launches C3 pilot project in Bremen

C3, the Circular Construction & Technology Center project in Bremen is the Strabag’s first competence centre for sustainable circularity. It will be focused on resource reprocessing, it will be energy self-sufficient and climate neutral.

schedule 30 September 2022

Outstanding in the Clubhaus

Czech developer CTP has obtained the first BREEAM ‘Outstanding’ certification – the highest possible level – of its Romanian portfolio for the Clubhaus multifunctional building, part of the CTPark Bucharest West industrial park.

schedule 23 September 2022

Well renewal for Spark C

The fifth floor of the Spark C building in Warsaw, which houses the head office of the Skanska’s commercial development business unit in the CEE region, has just been obtained a renewal of its Well Commercial Interior certificate. This is the first such recertification in Poland and the CEE region, and the second in Europe.

schedule 23 August 2022

Well Health-Safety for Globalworth’s Polish portfolio

All 17 properties in the Polish portfolio of Romanian developer Globalworth have obtained Well Health-Safety Rating certification.

Edition 10 (292) September 2024

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