Office & mixed-use development
We talk to Karol Klin, who has recently joined the Cornerstone Investment Management team, taking on the role of commercial real estate director, and has also taken on the coordination of the leasing of the V Tower development as leasing director at the project's special purpose vehicle.
Warehouse & industrial
Panattoni is building a logistics centre for Repa in Unterschleißheim near Munich. A 32,600 sqm building will be constructed on a 54,400 sqm plot.
Office & mixed-use development
GTC has extended its lease agreement with Arup, an engineering and consulting firm. The company also carried out an renovation of the leased space in Kraków's Korona Office Complex.
Office & mixed-use development
Alior Bank will move its Warsaw headquarters and Kraków office to new locations. The company will occupy spaces in Varso Place and Ocean Office Park B.
Warehouse & industrial
Patron Capital and its partner Inbright have acquired two new properties as part of their light industrial programme, which is aiming to create a EUR 250 mln portfolio of sustainably focused light industrial assets in key locations across Germany.
Events
Two projects by the Echo-Archicom Group have made it to the final of the MIPIM Awards. Łódź's Fuzja and Warsaw's Towarowa22 are the only Polish investments nominated in this year's edition.
Land acquisitions
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Warehouse & industrial
P3 begins construction of the P3 Pfalzfeld logistics park. The facility will have 23,000 sqm.
Warehouse & industrial
Garbe has acquired a plot of land measuring around 32,000 sqm in Bockenem, around 20 km south-east of Hildesheim. A logistics centre with a total area of approx. 18,500 sqm is to be built on this site. The total investment volume amounts to around EUR 23 mln.
Investment & finance
Sonar Real Estate, acting as transaction manager and commercial advisor, has successfully completed the sale of Lombardhaus office building located at Pelzerstraße in Hamburg.
Investment & finance
Develia has bought land at ul. Orląt Lwowskich in Wrocław. The developer plans to develop a dormitory with around 600 rooms and two service units on it. Develia acquired the property from the Puro Hotels financial group for PLN 40.6 mln.
Investment & finance
Pamera Real Estate Partners concluded 2024 with the acquisition of two additional properties valued at approx. EUR 40 mln. One of the assets is a medical centre located in the Grosshadern district of Munich.
Investment & finance
Towards the end of last year, Estonian-based investment company Summus Capital expanded out of the Baltics to make its first acquisitions in Poland: the React office building Łódź (15,000 sqm – sold for EUR 32.5 mln) and the Lakeside office complex in Warsaw (23,834 sqm, EUR 61.9 mln). And so, Eurobuild spoke to Summus Capital board member Hannes Pihl to find out more about the company's strategy.
Office & mixed-use development
The Silverton Group has agreed to a long-term lease of around 950 sqm of office space in the property near Düsseldorf to Gel Express Logistik. The office building at Otto-Hahn-Strasse in Meerbusch provides a total lettable area of around 3,100 sqm.
Investment & finance
Garbe has formed a strategic partnership with Sidra Capital, a Middle Eastern investment manager with a global portfolio. The joint venture’s objective is the acquisition of light industrial and logistics real estate in Germany within the framework of sale-and-leaseback transactions.
Warehouse & industrial
The distributor of car accessories has joined the tenants of the MLP Pruszków II logistics centre. The company has leased 10,000 sqm of warehouse space with immediate access.
Investment & finance
Panattoni, together with Accolade, has acquired a plot of land near the airport in Ostrava. The 38-hectare site will create 120,000 sqm of new industrial and warehouse space.
Warehouse & industrial
CTP has signed a 10-year lease for over 46,200 sqm of warehouse and office space at CTPark Warsaw South with Douglas, the European company operating in the omnichannel premium beauty segment.
Investment & finance
Eastnine entered the Polish market in 2022 with the purchase of Nowy Rynek D in Poznań. And building E was added to its portfolio early last year. But at the end of the year, the Swedish investor pulled off a major coup with the biggest office acquisition of 2024 when it added Warsaw Unit to its portfolio. So, we spoke to Kestutis Sasnauskas, the CEO of Eastnine, to find out more about this spectacular transaction and the company’s future plans
Office & mixed-use development
Law firm CMS has renewed its lease for 10 years for 10,200 sqm of office space at MainTor Panorama building in Frankfurt.
Mövenpick has made its debut in Poland with the opening of two hotels – Mövenpick Grand Hotel Wrocław and Mövenpick Resort & Spa Karpacz. The brand has plans for further expansion in Europe.
The first The Cloud One Hotel in Warsaw is set to open in the Upper One complex, offering over 360 rooms.
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.
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.
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.
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.
The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade Tower (Kula Beograd), built at the meeting point of the Sava and Danube rivers.
Bank Gospodarstwa Krajowego has granted a loan of up to EUR 40 mln to the Hungarian company from the Puro Group. The financing will be used for the construction of a four-star premium hotel in the centre of Budapest.
Mercure, a brand of the Accor Group, announces the opening of its first hotel in Bulgaria. The new property is located in one of Sofia's most prestigious districts, Manastirski Livadi, with easy access to the National History Museum and Vitosha National Park.
S Immo has successfully completed a sale of the Juliš Hotel in Prague, with a total leasable area of around 6,700 sqm.
The Moxy Hotels brand has announced the expansion of its European portfolio to 100 hotels by the end of 2025. 17 more hotels are to open by the end of next year, including Moxy Warsaw City.
According to data from Cushman & Wakefield, the Bucharest hotel market is experiencing the highest supply growth among the CEE capitals between 2024 and 2026. The demand in the first half of the year compared to the same period of 2023 experienced an increase of 3 pct, however, it remained below the 2019 level.
B&B Hotels Polska has signed a 20-year lease for the facility at ul. Kosmatki in Warsaw. B&B Hotel Warsaw East will start receiving guests in September this year. The new four-star hotel will be the second facility of the B&B Hotels chain in Warsaw and the 15th in Poland.
Hotel Opatija, Curio Collection by Hilton celebrates its opening. The 54-room facility debuts as the first in Croatia and the brand’s 40th trading country.
Cloud IX, Budapest’s latest panoramic skybar, has been opened in the ibis & Tribe Budapest Stadium Hotel in the WING Liberty building. Opened last December in Budapest’s District IX, the hotel complex boasts a total of 332 rooms and a wide range of services.
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almost 100 cities through Holiday Inn – the niu brand collaboration and European debuts for IHG’s Garner and Candlewood Suites.
CPI Property Group has sold a 50 pct stake in a subsidiary that owns eight hotel properties in the Czech Republic to Bratislava-based Best Hotel Properties (BHP), with whom it has also signed a JV agreement for the continued management of the hotels.
Radisson RED Belgrade has opened its doors as a new upscale lifestyle hotel, marking the debut of the Radisson RED brand in Southeast Europe.
The hotel market in Bucharest has experienced a moderate annual average growth in new offerings, at 0.9 pct between 2019 and 2023. This modest trend was primarily influenced by the cancellation of Urban Zoning Plans. Between 2024 and 2025, an estimated average annual growth rate of 4.1 pct in the number of rooms is expected, according to data from the real estate consulting company Cushman & Wakefield.
According to Cushman & Wakefield analysis, after a period when the Prague hotel market was lagging behind other European cities in terms of recovery from the impacts of the covid pandemics, all of its performance indicators increased significantly in 2023. The Prague hotel market proves its resilience and attractivity.
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 ...
The latest, optimistic issue of Eurobuild CEE is now available! Make sure you don't miss it!
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 ...
Two projects by the Echo-Archicom Group have made it to the final of the MIPIM Awards. Łódź's Fuzja and Warsaw's Towarowa22 are the only Polish invest ...
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 ...
Mövenpick has made its debut in Poland with the opening of two hotels – Mövenpick Grand Hotel Wrocław and Mövenpick Resort & Spa Karpacz. The brand ha ...
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 ...
Sonar Real Estate, acting as transaction manager and commercial advisor, has successfully completed the sale of Lombardhaus office building located at ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
We talk to Karol Klin, who has recently joined the Cornerstone Investment Management team, taking on the role of commercial real estate director, and ...
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 ...
Only 11 pct of students in Poland can be accommodated in student houses, both public and private. PRS At a Glance: Institutional Rental Market Poland. ...
Cushman &Wakefield has summarised the situation on the Polish retail market. Over half a mln sqm of new retail space came on stream last year, marking ...
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 ...
Panattoni is building a logistics centre for Repa in Unterschleißheim near Munich. A 32,600 sqm building will be constructed on a 54,400 sqm plot.
Minimalism or a wealth of features? How companies view offices?
Minimalism or a wealth of features? How companies view offices?
Walter Herz
The office market showcases two polar opposite trends in how companies approach leasing and arranging spaces, which can be described as a wealth of features and minimalism. Two d ...
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 ...