Investment & finance
Prague-based warehouse developer P3 Group has issued a 7.6-year EUR 500 mln Green Bond. With this, P3 will have signed over EUR 6 bln in new debt since the implementation of its most recent funding strategy in December 2021.
Office & mixed-use development
Indian medical device producer Meril has leased 300 sqm for five years in the Oxygen Park office complex in Warsaw.
Investment & finance
Karimpol Polska has secured EUR 50 mln in financing from Bank Pekao for the second phase of the Skyliner II development on Rondo Daszyńskiego in Warsaw. The bank also financed the construction of the first tower of the complex.
Investment & finance
ECE Real Estate Partners is expanding its investment activities and has raised further circa EUR 100 mln of capital for its ECE Progressive Income Growth Fund that invests in high quality shopping centres in Europe and holds a portfolio of seven centres with a total market value of more than EUR 2.2 bln.
Office & mixed-use development
Savills has summarised H1 in the Kraków office market. Despite the challenges of rising vacancy rates and a significant drop in activity on the part of developers, Kraków's office market is showing signs of stabilisation and is looking ahead to further growth.
Investment & finance
Panattoni has launched a pan-European fund that will invest in modern, sustainable, income-producing logistics properties. The Panattoni Income Fund is domiciled in Luxembourg with an open-ended, evergreen structure.
Warehouse & industrial
European Logistics Investment, a logistics platform owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia.
Investment & finance
Smart Park Poland has sold a retail park in Syców (Dolnośląskie Voivodeship) to the Saller Group. The area of the facility is 8,000 sqm.
Warehouse & industrial
VAT Romania broke ground for its new factory located in VGP Park Arad, a strategic logistics hub adjacent to the A1 motorway and key European routes.
Warehouse & industrial
United Distribution Holding, a distributor of global brands of beer and food products in Poland, decided to add more than 2,300 sqm of industrial space to its existing agreement at the Warsaw West Park-Pruszków distribution centre.
Warehouse & industrial
Garbe Industrial Real Estate has re-let around two thirds of the space in its property in Kelsterbach, near Frankfurt am Main. A wholesaler will be using the facility to store and distribute building materials.
Warehouse & industrial
Panattoni has fully commercialised City Logistics Kraków Airport II, its latest project in Małopolska. The second tenant for the development will occupy 20,050 sqm.
Office & mixed-use development
Strabag Real Estate will develop Plaza Nova, a mixed-use complex in Kraków. The facility will be built on the site of the former Plaza shopping mall, which was demolished last year.
Residential
According to Savills Rental Housing report, the share of residential transactions within total investment volumes in Prague has been increasing since 2023. Rental housing is expected to exceed last year's volume, making 2024 one of the most successful years for this sector.
Investment & finance
Nepi Rockcastle is in negotiations to acquire the 100,000 sqm gla Magnolia Park shopping centre in Wrocław from Union Investment Real Estate.
Warehouse & industrial
Chefs Culinar has become the first tenant at MLP Business Park Łódź. The company has leased over 1,600 sqm of warehouse and office space.
Retail & leisure
Refield is starting the development of the first retail park in Środa Wielkopolska. Pasaż Średzki is expected to open in 2026.
Warehouse & industrial
Amazon has launched its third logistics centre in the Silesian Voivodeship, after Sosnowiec and Gliwice. The facility in Gorzyczki features 211,000 sqm of space.
Office & mixed-use development
Alioth Group will join the tenant mix of the Varso Tower office building. In the spring of 2025, the company will move into an office on the 44th floor.
Eurobuild CEE
The September ‘Eurobuild’ is now available in print and online - as always full of expert commentary and analysis, interesting topics and the latest news. Take a look!
European Logistics Investment, a logistics platform owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia.
VAT Romania broke ground for its new factory located in VGP Park Arad, a strategic logistics hub adjacent to the A1 motorway and key European routes.
United Distribution Holding, a distributor of global brands of beer and food products in Poland, decided to add more than 2,300 sqm of industrial space to its existing agreement at the Warsaw West Park-Pruszków distribution centre.
Garbe Industrial Real Estate has re-let around two thirds of the space in its property in Kelsterbach, near Frankfurt am Main. A wholesaler will be using the facility to store and distribute building materials.
Panattoni has fully commercialised City Logistics Kraków Airport II, its latest project in Małopolska. The second tenant for the development will occupy 20,050 sqm.
Chefs Culinar has become the first tenant at MLP Business Park Łódź. The company has leased over 1,600 sqm of warehouse and office space.
Amazon has launched its third logistics centre in the Silesian Voivodeship, after Sosnowiec and Gliwice. The facility in Gorzyczki features 211,000 sqm of space.
Industrial Park Poland by Hillwood has gained access to the A2 motorway. Hillwood Poland has obtained an occupancy permit for the extended and upgraded access roads that connect the emerging industrial and logistics park to the motorway.
The Polish industrial and logistics market continues its strong growth momentum, reveals BNP Paribas Real Estate Poland in its latest report “At A Glance – Industrial and Logistics Market in Poland” for the Q2 of 2024.
Panattoni is planning to extend its operations to all three Baltic states but is to concentrate particularly on Lithuania. As part of the new strategy the company intends to unify its cross border services, which will allow its clients to take advantage of BTS solutions both in Poland and the Baltic states.
MDC2 and Fortress Real Estate Investments have finalised the lease of around 25,000 sqm within MDC2 Park Łódź South. The tenant, Oriflame Holding, owner of the Oriflame cosmetics brand, will start operations at the new location in Q1 2025.
According to the 2024 Savills Nearshoring Index study, the Czech Republic is the second most attractive location for industrial occupiers looking to ‘nearshore’ supply chains. Portugal ranks first, Poland in third place, Sweden being fourth, and Japan rounding out the top five.
VGP in Hungary has handed over its new premises to Linde + Wieman. The German automotive parts manufacturer occupies 16,000 sqm at VGP Park Kecskemét, in the central part of the country.
Panattoni has purchased a land plot where it is to build Panattoni Park Kraków East V. The construction work for a 30,000 sqm hall is scheduled to launch in October 2024.
MLP Group has signed a long-term lease agreement with a Chinese manufacturer of automotive parts, which, as part of its global nearshoring strategy, will lease 23,000 sqm of warehouse and office space at the MLP Poznań West logistics centre.
The construction of Hillwood and LCube Wrocław East in Dobrzykowice has been finished. The project comprises almost 60,000 sqm of warehouse space, of which around 53 pct has already been commercialised.
Panattoni has completed the construction of City Logistics Warsaw IX. Situated in Targówek Fabryczny, the centre with an area of over 13,000 sqm already has its first tenants.
At the end of the year, the Düsseldorfer Großmarkt will close its gates at its current site and find a new permanent home at the City Dock Düsseldorf Hilden, built by Panattoni.
VGP has signed a lease agreement with Miele Tehnica Brașov, a subsidiary of the German Miele group, for 2,000 sqm, within VGP Park Brasov. The company will use this space to assemble motors and pumps for Miele appliances.
Real Management has signed an agreement with Sales Service for the lease of more than 5,000 sqm of warehouse and office space at Good Point V warehouse and production park in Łubna near Warsaw. The facility has thus been fully commercialised.
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 ...
Warsaw has adopted a green standard to make urban construction more energy efficient and environmentally friendly. The capital is the first city in Po ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
The September ‘Eurobuild’ is now available in print and online - as always full of expert commentary and analysis, interesting topics and the latest n ...
Welcome to the really hot episode of Eurobuild FM! Our editorial team visited the construction site of The Form, a unique office building, which is be ...
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 ...
According to data from Cushman & Wakefield, the Bucharest hotel market is experiencing the highest supply growth among the CEE capitals between 2024 a ...
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 ...
Beyond.pl, a data centre, cloud, and managed services provider and owner of data centres in Poland, is expanding its colocation project for AI, machin ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
Prague-based warehouse developer P3 Group has issued a 7.6-year EUR 500 mln Green Bond. With this, P3 will have signed over EUR 6 bln in new debt sinc ...
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 ...
Last week, Nordbygg, Northern Europe’s biggest trade fair for professionals in construction and real estate industry, took place at Stockholmsmässan i ...
Indian medical device producer Meril has leased 300 sqm for five years in the Oxygen Park office complex in Warsaw.
Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw ...
The most famous palm tree in Poland will be owned by the Museum of Modern Art. One of Warsaw's best-loved art installations will soon undergo a major ...
According to Savills Rental Housing report, the share of residential transactions within total investment volumes in Prague has been increasing since ...
Refield is starting the development of the first retail park in Środa Wielkopolska. Pasaż Średzki is expected to open in 2026.
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 ...
European Logistics Investment, a logistics platform owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has comp ...
Will cheaper money in the eurozone stimulate the transaction market?
Will cheaper money in the eurozone stimulate the transaction market?
Walter Herz
Polish real estate market is witnessing the first major investment transactions. The second half of the year will show whether a potential further interest rate cut in the eurozone ...
Is the Polish commercial property market still attractive for German investors?
Is the Polish commercial property market still attractive for German investors?
Szymon Mojzesowicz, CEO Lege Advisors
Despite the difficult situation on the European market due to many unexpected events, Germany is still one of the largest foreign investors in Poland. In recent decades, German com ...
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
Walter Herz
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...