PL

Isomeg to build in Siewierz Jeziorna

Residential
POLAND Isomeg has become the third developer to begin projects within the Siewierz Jeziorna sustainable residential district outside Katowice. The company has purchased four construction plots on the site from Chmielowskie – a subsidiary of Alta.

Isomeg is to build five terraced houses with carports on separate plots, as well as install piping, sewers and power lines. The houses will have a combined area of over 1,200 sqm. The sales transaction also included technical documentation and a building permit. Furthermore, the developer has secured a first purchases option for the purchase of plots in Siewierz Jeziorna in future for the construction of 48 semi-detached and terraced houses as well as a luxury apartment building with 14 units. Other companies also building on the site of the project are Forest Hill and Murapol.

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Warehouse & industrial

Poland 7R City Flex Katowice attracts new tenants

schedule 08 December 2022
Opr./edited by ANZ

Logistics operator JAS-FBG has chosen 7R City Flex Katowice I as a base for its operations, where it will occupy over 6,000 sqm of modern warehouse space. The facility is scheduled to be commissioned in May 2023.

Architecture and urban planning

SLOVAKIA Penta holds competition for Dynamitka site

schedule 07 December 2022
Opr./edited by NN

Penta Real Estate is holding an architectural competition for the development of a 4.5 ha brownfield site that formed part of the former Juraj Dimitrov chemical works (known locally as ‘DImitrovka’ or ‘Dynamitka’) in Bratislava.

Warehouse & industrial

POLAND Antczak gives green touches to GLP park

schedule 07 December 2022
Opr./edited by NN

Two warehouses in Wrocław V Logistics Centre logistics park have been completed by general contractor Antczak Group for developer GLP, bringing the available area of the complex up to almost 90,000 sqm.

Property and Facility Management

POLAND MVGM stays on as PM for Pro Portfolio

schedule 07 December 2022
Opr./edited by NN

MVGM has signed an extension to its property management contract for the retail and service space in five office buildings in Poland owned by PineBridge Benson Elliot and Sharow Capital.

Investment & finance

World Stabilisation predicted from mid-2023

schedule 07 December 2022
Opr./edited by ANZ

In its latest Global Investor Outlook Colliers anticipates the process of stabilisation of the global real estate market to take hold by mid-2023. After a volatile year of geopolitical tensions, economic shocks and uneven monetary policy, survey findings point towards the potential for regression before stabilisation, with markets and sectors shifting at different velocities.

Warehouse & industrial

Poland Logmaster to move into MLP Pruszków II

schedule 07 December 2022
Opr./edited by ANZ

Logmaster will join the ranks of MLP Group’s tenants. The logistics company has leased approx. 6,800 sqm of modern space within the region’s largest warehouse complex. Delivery of the finished facility has been scheduled for June 2023.

Warehouse & industrial

POLAND Twice the Schrack in Prologis Warsaw II

schedule 06 December 2022
Opr./edited by NN

Electrotechnical products manufacturer and distributor Schrack Technik Polska has extended its contract with Prologis Park Warsaw II for five years and doubled its leased warehouse, office and showroom space to 6,700 sqm.

Warehouse & industrial

SLOVAKIA VGP starts on park near Banská Bystrica

schedule 06 December 2022
Opr./edited by NN

VGP has started work on VGP Park Zvolen near Banská Bystrica in central Slovakia, following the signing of a lease with logistics company Packeta Slovakia.

Warehouse & industrial

Romania Logicor larger in Bucharest

schedule 06 December 2022
Opr./edited by ANZ

Logicor has completed the development of an additional 23,000 sqm in Logicor Bucharest I Logistics Park in Mogoşoaia, 12 km northwest of Bucharest city centre. The complex consists now of four buildings with a total space of approx. 150,000 sqm.

Investment & finance

Poland Focus turns focus on Płock

schedule 06 December 2022
Opr./edited by ANZ

Ukrainian investor Focus Estate Fund has acquired the Atrium Mosty shopping centre in Płock, about 110 km northwest of Warsaw, for an undisclosed sum.

Retail & leisure

ROS grows in Poland

schedule 06 December 2022
Opr./edited by ANZ

ROS Retail Outlet Shopping strengthens its activity in Poland. The Austrian company plans extension in Gdańsk in 2023 and the new project in Kraków in 2024.

Office & mixed-use development

POLAND EPAM expands into Brain Park

schedule 05 December 2022
Opr./edited by NN

Polish IT specialist EPAM has leased almost 8,500 sqm of office space in Brain Park in Kraków, which is being developed by Echo Investment.

Interior design

POLAND Natural make-over for ASB in Skylight

schedule 05 December 2022
Opr./edited by NN

The expansion and arrangement of ASB Poland’s offices in the Skylight building in Warsaw city centre have been completed by the Workplaces department of Globalworth, the owner and manager of the Skylight and Lumen office complex.

Office & mixed-use development

Czech Republic Pretty unvacant in Prague

schedule 05 December 2022
Opr./edited by ANZ

The office vacancy rate in Prague, unlike in neighbouring markets, is decreasing and at the end of Q3 2022 fell to 8.1 pct, representing 308,000 sqm of unoccupied space – according to a Colliers’ quarterly market survey.

Warehouse & industrial

Poland Habasit consolidates in Panattoni Czeladź V

schedule 05 December 2022
Opr./edited by ANZ

Panattoni is completing a 13,000 sqm development for Habasit, a manufacturer and supplier of innovative conveyor solutions for the manufacturing sector. The company will consolidate two locations within Panattoni Park Czeladź V in the Silesian region in January 2023 and plans to expand within the park in the future.

Investment & finance

Poland Facing new challenges in 2023

schedule 05 December 2022
Opr./edited by ANZ

Savills has presented a preliminary summary of 2022 predicting key trends for the coming months. The commercial property market in Poland is facing uncertainty and rising prices but remains underpinned by strong fundamentals, which bodes well for the future, reveals Savills.

Investment & finance

POLAND MLP raises PLN 183.5 mln in share offer

schedule 02 December 2022
Opr./edited by NN

Polish industrial developer MLP Group has raised PLN 183.5 mln in a public offering of 2,621,343 series F shares by way of a private placement on the Warsaw Stock Exchange directed exclusively to qualified investors and investors subscribing for shares worth no less than the equivalent of EUR 100,000. Based on an accelerated bookbuild process, the issue price of the shares was set at PLN 70.

Warehouse & industrial

POLAND Green light for 7R Wrocław West II

schedule 01 December 2022
Opr./edited by NN

Polish warehouse developer 7R has been granted a final building permit for its 7R Park Wrocław West II development in Kąty Wrocławskie, which will offer almost 44,000 sqm of logistics and production space.

Investment & finance

POLAND LCP buys second retail park from Ghelamco

schedule 01 December 2022
Nathan North
deputy editor

Ghelamco has sold the Plac Vogla retail park in Warsaw’s Wilanów district to LCP Properties for an undisclosed sum.

Residential

Slovakia Bratislava’s highest Christmas tree

schedule 01 December 2022
Opr./edited by ANZ

Slovak developer J&T Real Estate (JTRE) has topped out its Eurovea Tower skyscraper project, which forms part of its large-scale Eurovea 2 city-forming development in Bratislava. At 168m it is the tallest building in Slovakia.

Latest in Residential

schedule 01 December 2022

Bratislava’s highest Christmas tree

Slovak developer J&T Real Estate (JTRE) has topped out its Eurovea Tower skyscraper project, which forms part of its large-scale Eurovea 2 city-forming development in Bratislava. At 168m it is the tallest building in Slovakia.

schedule 01 December 2022

Residential market overheated in Prague

Colliers has summed up this year’s activity in the Czech residential real estate market. According to their analysis, Czechs are oriented largely towards an ownership model. The main driver for price increases is a significant excess of demand over supply.

schedule 14 November 2022

YIT buys plots in 3 cities

Finnish developer YIT has acquired two plots in Kraków for residential projects, as well as land in Warsaw and Gdańsk – two markets where it is already present.

schedule 14 November 2022

Fort Polska to transform Szczecin station

Fort Polska has been chosen to design PFR Nieruchomości’s first residential estate in Szczecin, which will contain 800 apartments.

schedule 14 November 2022

Ronson prepares for the market rebound

Ronson Development published its Q1-3 2022 financial report. Company’s total revenue amounted to PLN 199.4 mln, vs. PLN 349.4 mln in Q1-3 2021. The revenue decreased by PLN 150 mln, which is primarily explained by lower number of units delivered.

schedule 10 November 2022

Cordia’s new housing projects in Budapest

Cordia, Hungary's leading residential property developer, is adding more than 500 homes to its supply in three developments. This autumn, the company puts up more than 500 apartments for sale in the Hungarian capital’s most popular green belt and city centre locations. The new buildings’ energy ratings will be AA, meaning that their energy consumption is extremely low.

schedule 17 October 2022

Revetas to turn Polish offices into PRS

Revetas Capital is to convert its office landbank portfolio of around 90,000 sqm gla of potential space in three Polish cities into residential projects, as it enters the private rental sector.

schedule 13 October 2022

Kajima and Griffin finish biggest dorm project

Kajima Student Housing and Griffin Capital Partners have completed the development of a 795-bed Student Depot dormitory in Kraków – the largest residential project in Poland since the partnership was formed in 2019.

schedule 19 September 2022

Unique Tower handover for Heimstaden

Marvipol has finalised the sale of its 138-apartment Unique Tower development in central Warsaw to Swedish residential rental investor Heimstaden.

schedule 12 September 2022

First Slovak skyscraper arrives

The construction of the Eurovea Tower residential building in Bratislava will reach the 44th floor this week and, at a height of more than 150m, will become Slovakia’s first skyscraper.

schedule 11 July 2022

Trei gets moving with first Polish PRS project

Trei Real Estate Poland has started work on its first PRS investment in Poland. The estate is situated on ul. Piątkowska in Poznań’s Winiary district.

schedule 11 July 2022

Cordia gets Modena underway

The cornerstone has been laid for the revitalisation of the former Modena clothing factory in Poznań’s Jeżyce district, just west of the Old Town. A green housing estate is to be built on the site in the style of the traditional tenement houses in the neighbourhood.

schedule 02 June 2022

Dom Development launches Wrocław estate

Dom Development has opened the sales process for its Osobowicka 114 estate in Wrocław.

schedule 31 May 2022

Bouygues begins first project in Gdynia

Bouygues Immobilier has appointed Mota-Engil as the general contractor for its Żeromskiego 7 residential building in Gdynia.

schedule 30 May 2022

Acciona starts second stage of Blanco

Acciona has launched the sales process of the second stage of the Blanco residential estate in Pruszków, its first project outside of Warsaw.

schedule 25 April 2022

BPI announces plans for the year

Belgian developer BPI Real Estate Poland is preparing six new investment projects in Wrocław, Poznań, the TriCity and Warsaw with work to begin this year.

schedule 21 April 2022

Heimstaden buys more Warsaw homes

Swedish rental housing specialist Heimstaden Bostad is to acquire the 400-apartment Aurora project in Warsaw’s Włochy district from its developer Dantex.

schedule 12 April 2022

Capital Park seals Polski Hak purchase

The Capital Park Group signed a final purchase agreement for two plots with a total area of 1.3 ha on the Polski Hak (Polish hook) promontory in Gdańsk.

schedule 01 April 2022

TAG completes Robyg takeover

German residential developer TAG Immobilien has completed the 100 pct acquisition of its Polish counterpart Robyg from Bricks Acquisitions Limited for an estimated PLN 2.5 bln.

schedule 16 March 2022

Hines teams up with Kajima

International property investors Hines and Kajima have announced an agreement to jointly develop residential buildings for the institutional rental (PRS) market.

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