PL

O1 obtains tenant for White Stone

Office & mixed-use development
RUSSIA Energy sector equipment and services provider FMC Technologies has leased 1,041 sqm in the White Stone business centre in Moscow.
The O1 Properties-owned centre (formerly named Lesnaya Plaza) offers 39,692 sqm of space and 349 parking spaces. Other tenants include Slavneft, LG Electronics, Weatherford, Regus, Bacardi, Geomerty Global. “In the current economy there are two trends: companies either prefer to raise the class of their office building or renegotiate current lease terms. Our clients more often prefer to optimise the office space that they occupy and to renegotiate commercial terms,” said Natalya Nikitina, the director of the global corporate services department at CBRE, which represented the tenant.

Latest news

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.

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.

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und Beteiligungs has sold its last remaining project in Russia, the Airportcity St. Petersburg, and is therefore no longer active in the Russian market.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

Warehouse & industrial

Poland XBS has leased 90,000 sqm

schedule 28 October 2024
Opr./edited by JC

XBS Logistics and XBS Pro-Log of the XBS Group have leased over 90,000 sqm in total across four industrial parks near Warsaw.

Warehouse & industrial

Poland A brand new home for Toyota

schedule 28 October 2024
Opr./edited by JC

Panattoni has completed the construction of a new 50,300 sqm park in Bolesławiec. The first tenant in the development is to be Toyota Boshoku Poland.

Investment & finance

Romania OUP gains millions from leasehold sales

schedule 28 October 2024
Opr./edited by JC

One United Properties has sold long leasehold properties, part of its portfolio of commercial projects, worth EUR 52.4 mln in the last 18 months. The total GLA of the assets is 20,851 sqm.

Warehouse & industrial

Europe Operating costs in industrial halls decrease in Prague

schedule 25 October 2024
Opr./edited by ANZ

According to the Savills Global Warehousing Costs 2024 analysis, Prague is the only European city where the total costs associated with operating premium industrial properties decreased year-on-year, by 1.8 pct. 

Public buildings

Poland MHP awarded with ULI prize

schedule 25 October 2024
Opr./edited by ANZ

The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by the Urban Land Institute. Presented in the Arts and Culture category, the award is one of the highest international honours in the real estate and urban planning industry. 

Latest in Office & mixed-use development

schedule 31 October 2024

The largest office deal in Łódź

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.

schedule 30 October 2024

Warsaw office market stable

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.

schedule 30 October 2024

BGK stays in Varso

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.

schedule 24 October 2024

Silesia Star with a new tenant

L3Harris, a company focused on the production of electro-optics for industry, law enforcement, emergency services and the military, has a new office in the Silesia Star office building in Katowice.

schedule 23 October 2024

Sirius fully commercialised

Sirius Offices in Belgrade is fully leased. The office complex was built and remains owned by Erste Group Immorent, a subsidiary of Erste Group Bank.

schedule 23 October 2024

Ace of Space take off

Globalworth is launching a new brand of flexible offices, Ace of Space. Tailored to the needs of the company, space will be available to rent in Warsaw, Wrocław, Kraków, Katowice and Gdańsk.

schedule 22 October 2024

Grundmanna Office Park A is ready

Cavatina Holding has obtained an occupancy permit for the Grundmanna Office Park office building in Katowice. Building A will provide almost 21,000 sqm of office space and approx. 1,000 sqm of service areas. This is the developer's second investment in the city after Global Office Park. 

schedule 18 October 2024

HCLTech stays in building managed by EPP

HCLTech is staying at Krakow's O3 Business Campus for the next five years. The tenant occupies four floors with a total leasable area of over 7,000 sqm. 

schedule 18 October 2024

Lawyers remain at the top

Two law firms have decided to extend their existing leases in the Metropolitan Warszawa building. In total, Gide Loyrette Nouel and Norton Rose Fulbright will occupy more than 3,000 sqm of office space.

schedule 17 October 2024

Techstep takes second floor in Officyna 

Techstep Poland is moving its office to Officyna in Gdańsk. The company, which offers business mobility management solutions, has leased approx. 460 sqm in the office building.

schedule 15 October 2024

New neighbourhood in the heart of Lublin

A mixed-use complex on ul. Ewangelicka in Lublin has been granted a building permit. The size of the project developed by the KKL company is over 17,800 sqm.

schedule 14 October 2024

The Warsaw office market according to PINK

At the end of September 2024, the stock of modern office space in Warsaw amounted to just under 6.265 mln sqm - according to data collected by Polish Chamber of Commercial Real Estate.

schedule 11 October 2024

Business and entertainment on the 46th floor

Varso 46 is soon to open on the 46th floor of Varso Tower, providing event space with a view of the Warsaw panorama of Warsaw, including the neighbouring Palace of Culture and Science.

schedule 09 October 2024

State Street Bank stays in Alchemia

PHN has extended its lease agreement for over 10,500 sqm with State Street Bank, the key tenant of the Titanium tower in the Alchemia office complex in Gdańsk.

schedule 09 October 2024

Deloitte opts for Hi Piotrkowska

Deloitte has leased over 900 sqm in the modern Hi Piotrkowska office complex in Łódź, a facility managed by Master Management Group.

schedule 08 October 2024

Polkomtel chooses Sterlinga

Polkomtel, a telecommunications company that is part of the Polsat Plus Group, will move into the Sterlinga Business Center office building, managed by GTC, in Łódź in December. The company will occupy an area of over 3,000 sqm.

schedule 08 October 2024

Tezeusz goes for Galileo

Antykwariat i Księgarnia Tezeusz, a company operating in Poland's second-hand book market, has leased 470 sqm in Galileo, an office building within GTC’s Korona complex in Kraków.

schedule 07 October 2024

Kruk moves into B10

The Kruk Company, operating in the debt management market, has leased 6,000 sqm of space in the B10 office-hotel complex in Wrocław, which is owned by Vastint Poland.

schedule 03 October 2024

Maximum occupancy at Forest

HB Reavis has signed seven-year lease agreements with Transition Technologies and other companies, which will occupy nearly 1,000 sqm of office space in the Forest campus in Warsaw. The building is now fully let.

schedule 03 October 2024

Saski Crescent sounds great

GN Poland has leased more than 2,000 sqm of office space in the Saski Crescent building in Warsaw. The company is part of the GN Group, a Danish provider of intelligent audio, video, gaming solutions, and hearing systems.

Edition 10 (292) September 2024

Latest comments

Categories