Warehouse & industrial
Mercedes-Benz will build an industrial park in Jawor. This is another investment of the company in the Wałbrzych Special Economic Zone ‘Invest-Park’.
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.
Residential
Nearly 1,500 flats in six stages will be built in Wrocław as part of the Apartamenty Krakowska project being developed by Robyg on land adjacent to the Haase brewery buildings.
Warehouse & industrial
Gdynia City Logistics, an investment by Torus Logistics and BTV, has been granted an occupancy permit. The logistics and office centre offers approx. 21,700 sqm of warehouse space and 1,500 sqm of offices
Retail & leisure
Empik has opened a flagship store in the revitalised former Cepelia pavilion in the centre of Warsaw. Neglected for years, the modernist building has regained its former glory and once again impresses with its original appearance and modern interior.
Office & mixed-use development
The Form office building, an investment developed by Lincoln Property Company in Warsaw's Wola district, has obtained a permit for use. The building located at the intersection of ul. Pańska and ul. Miedziana, offers over 30,900 sqm of space on nine storeys, including over 28,300 sqm of office space and 2,600 sqm of service and retail space on the ground floor.
Investment & finance
Summus Capital has strengthened its presence in Poland with the acquisition of the Lakeside office building in Warsaw. The transaction, valued at EUR 61.9 mln, was conducted in collaboration with Atenor.
Retail & leisure
Trei Real Estate Poland has opened its 40th Vendo Park. The investment was created in Wrocław and has 5,000 sqm. Vendo Park Wrocław is the first facility under this banner in the capital of Lower Silesia. The retail park was built on a plot of approx. 15,000 sqm.
Investment & finance
Develia has concluded a final sales agreement for a real estate property in Wrocław with a subsidiary of AFI Europe, an international investor in office, retail, and residential projects. The transaction value amounts to PLN 50.5 mln.
Office & mixed-use development
The Shire Beyond Coworking, an operator of flexible spaces, is launching a new project on the Warsaw office market. The luxurious tenement at ul. Poznańska 37, will house fully equipped, self-contained serviced modules.
Warehouse & industrial
MLP Group will develop its third business centre in the Ruhr region in Castrop-Rauxel. The project, which is being built on a brownfield site, will provide approx. 57,000 sqm of space, which will be certified to a DGNB standard of at least Gold.
Investment & finance
Skanska has sold its P180 office development in Warsaw's Mokotów district to Investika Real Estate Fund and its joint-venture partner, Bud Holdings, for around EUR 100 mln.
Investment & finance
Big Poland has bought two retail facilities Park Kujawia in Włocławek and Atut in Myszków. The combined value of both transactions exceeds EUR 56 mln. The Big brand already has seven retail parks in Poland: in Łubna near Warsaw, Lubin, Andrychów, Gorzów Wielkopolski and Ostróda. Together with three development projects in progress, Big Poland's portfolio now includes 10 locations.
Warehouse & industrial
Panattoni Park Łódź West III is gaining a new tenant from the 3PL sector. The Italian company Barth Italiana will occupy over 5,500 sqm of space in the complex.
Hotels
The Spark by Hilton brand is entering the Polish market with two new hotels. Spark by Hilton Pobierowo and Spark by Hilton Krynica Morska will open within the next six months.
Residential
According to the 2024 European Purpose-Built Student Accommodation Investment Barometer, conducted by The Class Foundation and Savills, involving investors and operators with portfolios totalling over 132,000 beds across Europe, with an asset value of circa EUR 25.3 bln, respondents expect to increase the number of beds they have by 70 pct over the next 2-5 years. This would bring the total to over 220,000 beds, deploying a further EUR 22 bln of capital.
Office & mixed-use development
The BursztyNova restaurant has opened on the ground floor of the boutique Saski Crescent office building, recently modernised and owned by CA Immo. The restaurant took up an area of over 400 sqm.
Office & mixed-use development
According to a survey by Colliers, only one new office building was completed in Prague in Q3 2024. Vacancies increased slightly year-on-year to 8.1 pct and rents in the city centre reached approx. EUR 29 per sqm per month. Efforts to upgrade some older properties continue, either on an ongoing basis or by temporarily taking them off the market.
Warehouse & industrial
Panattoni is to build a new industrial park in the Mazovia region. The development of Panattoni Park Sochaczew with an area of almost 28,000 sqm will commence in the Q1 of 2025 with the first tenant – Pilkington Automotive Poland – to move in by November.
ESG
Two buildings completed as part of the first phase of Good Point V, an investment by Real Management, have received the final BREEAM International New Construction V6 certificate at the Excellent level.
The Form office building, an investment developed by Lincoln Property Company in Warsaw's Wola district, has obtained a permit for use. The building located at the intersection of ul. Pańska and ul. Miedziana, offers over 30,900 sqm of space on nine storeys, including over 28,300 sqm of office space and 2,600 sqm of service and retail space on the ground floor.
The Shire Beyond Coworking, an operator of flexible spaces, is launching a new project on the Warsaw office market. The luxurious tenement at ul. Poznańska 37, will house fully equipped, self-contained serviced modules.
The BursztyNova restaurant has opened on the ground floor of the boutique Saski Crescent office building, recently modernised and owned by CA Immo. The restaurant took up an area of over 400 sqm.
According to a survey by Colliers, only one new office building was completed in Prague in Q3 2024. Vacancies increased slightly year-on-year to 8.1 pct and rents in the city centre reached approx. EUR 29 per sqm per month. Efforts to upgrade some older properties continue, either on an ongoing basis or by temporarily taking them off the market.
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.
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.
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.
Infor, a company offering cloud-based business software solutions, has renewed its lease at Globalworth's Retro Office House in Wrocław.
Transporeon, an international logistics company, has extended its lease agreement at Porto Office A building in Kraków, where it occupies over 1,900 sqm.
Vastint has completed the II stage of the Gdynia Waterfront development. A modern multifunctional complex is being built in the heart of the city, next to Skwer Kościuszki. Ultimately, the scheme will offer 75,500 sqm of space.
The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occupy an area of over 3,000 sqm.
Cushman & Wakefield has summarised the Q3 of 2024 on the largest office markets in Poland. Office take-up in key regional cities remained on par with the figures recorded in the same period in 2023, signifying stability on the office rental market.
Insignis concept store, a furniture retailer, has rented space on the ground floor of The Bucharest Business Park. Three other companies that sell furniture have recently rented sales spaces in office buildings in the northern area of Bucharest, the total area exceeding 10,000 sqm.
According to a report 'Office Market in Warsaw in Q1-Q3 2024', published by Axi Immo, developer activity in the Warsaw office space market is progressively increasing. More than 70,000 sqm finished by the end of September 2024 and around 280,000 sqm under construction in the coming years, demonstrate that investors and developers are moving the industry forward.
GTC, in collaboration with The Shire Beyond Coworking, is opening a new coworking space in Kraków's Korona Office Complex.
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.
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.
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.
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.
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.
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 ...
Two buildings completed as part of the first phase of Good Point V, an investment by Real Management, have received the final BREEAM International New ...
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 ...
The Spark by Hilton brand is entering the Polish market with two new hotels. Spark by Hilton Pobierowo and Spark by Hilton Krynica Morska will open wi ...
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 ...
Summus Capital has strengthened its presence in Poland with the acquisition of the Lakeside office building in Warsaw. The transaction, valued at EUR ...
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 ...
The Form office building, an investment developed by Lincoln Property Company in Warsaw's Wola district, has obtained a permit for use. The building l ...
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 ...
Nearly 1,500 flats in six stages will be built in Wrocław as part of the Apartamenty Krakowska project being developed by Robyg on land adjacent to th ...
Empik has opened a flagship store in the revitalised former Cepelia pavilion in the centre of Warsaw. Neglected for years, the modernist building has ...
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 ...
Mercedes-Benz will build an industrial park in Jawor. This is another investment of the company in the Wałbrzych Special Economic Zone ‘Invest-Park’. ...
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 ...