PL

Profits up for Inpro

Residential
POLAND Inpro, which develops residential projects in and around the TriCity, saw its revenue increase by almost 18 pct y-o-y to PLN 79.9 mln in the first half of the year.
Its gross profit amounted to PLN 20.7 mln – 55 pct more than the same period of 2014. The group generated a net profit of PLN 7.8 mln in H1, compared to PLN 1.9 mln a year earlier. “The improvement in our results is due to the progress of projects under construction and the reasonable unit price per sqm,” explained representatives of the company. In H1 Inpro handed over a total of 198 apartments to their new owners, representing a growth of 25 pct y-o-y. Over the first six mont
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Latest news

Investment & finance

Poland DL Invest acquires major brownfield site

schedule 23 December 2024
Opr./edited by JC

DL Invest Group has finalized the acquisition of a production and warehouse complex in Bielsko-Biała, with a total rental area exceeding 270,000 sqm.

Material partner

Poland Galant Ząbkowska Apartments with FusionLive

schedule 02 December 2024
Eurobuild CEE

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.

Investment & finance

Czech Republic & Slovakia Blackstone acquires CT Real Estate

schedule 20 December 2024
Opr./edited by ANZ

Contera has announced a strategic partnership with Blackstone, the world's largest asset management company, to acquire CT Real Estate's portfolio of ten logistics parks for approximately €470 mln.

Investment & finance

POLAND Saski Point sold

schedule 20 December 2024
Opr./edited by NN

CA Immo has completed the sale of the Saski Point office building in central Warsaw to an undisclosed buyer.

Investment & finance

POLAND Investika makes biggest logistics deal of 2024

schedule 20 December 2024
Opr./edited by NN

Investika Real Estate Fund and its JV partner Bud Holdings have acquired five Polish logistics parks with a combined area of 212,500 sqm from Polish warehouse developer 7R for more than EUR 150 mln.

Investment & finance

Poland/Germany Hillwood secures €368m loan from Aareal Bank

schedule 19 December 2024
Opr./edited by ANZ

Hillwood’s EU Industrial Club III has announced the successful closure of a EUR 368.19 mln loan with Aareal Bank AG, a leading international provider of financing, banking, and payment solutions for the property sector.

Office & mixed-use development

Poland US bank takes 13 floors

schedule 19 December 2024
Opr./edited by ANZ

BNY, the global financial services provider, has moved its Polish office to the Centrum Południe building in Wrocław. The company has taken 20,000 sqm of space on 13 floors in the Skanska-owned facility.

Warehouse & industrial

Poland 7R Hub in Nowa Huta

schedule 19 December 2024
Opr./edited by ANZ

7R will develop a technology and production hub on the site of Kraków's ‘Ruszcza’ Logistics and Industrial Centre. The 230,000 sqm investment will be built as part of the ‘’Kraków - Nowa Huta of the Future‘’ project.

Warehouse & industrial

Poland Fashion giant chooses Panattoni

schedule 19 December 2024
Opr./edited by JC

Panattoni has secured a new tenant for its investment in Lower Silesia. A company from the fashion industry has leased 40,000 sqm in Panattoni Park Głogów.

Eurobuild CEE

Poland A must-read for December!

schedule 18 December 2024
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The December edition of Eurobuild is full of events and emotions, market news and expert opinion pieces. Enjoy your reading!

Investment & finance

Poland Summus finalises transaction in Łódź

schedule 18 December 2024
Opr./edited by ANZ

Summus Capital has closed the acquisition of the React office building in the centre of Łódź. The property, valued at €32.5 mln, comprises more than 15,000 sqm of office space.

Investment & finance

Poland Czechs have bought Signum

schedule 18 December 2024
Opr./edited by JC

The DRFG Investment Group, with the strategic support of TriGranit, has acquired the Signum Work Station office building in Warsaw, with a leasable area of approx. 32,500 sqm.

Warehouse & industrial

Germany The largest deal for Garbe

schedule 18 December 2024
Opr./edited by JC

Garbe Industrial Real Estate has re-let one of its existing properties in Norderstedt. A retailer will use the property with a total area of around 26,200 sqm for the handling and storage of goods.

Warehouse & industrial

Poland Prologis builds for giants

schedule 17 December 2024
Opr./edited by ANZ

Prologis begins construction of a BTS warehouse for logistics company DP World. Prologis Park Łódź with an area of over 41,500 sqm will serve as a modern distribution centre for the Dell Technologies factory in Łódź.

Land acquisitions

Germany CTP secures major brownfield site

schedule 17 December 2024
Opr./edited by JC

CTP has agreed to a EUR 155 mln deal to acquire an industrial site spanning over 830,000 sqm in Düsseldorf, North Rhine-Westphalia. The seller is Vallourec, a manufacturer of pipe systems.

Office & mixed-use development

Hungary H2Offices flows in Budapest

schedule 17 December 2024
Opr./edited by JC

Skanska has commenced construction on the second building of the H2Offices complex in Budapest. The eight-story structure will offer about 22,000 sqm of leasable space.

Hotels

Poland Hotel in the clouds

schedule 16 December 2024
Opr./edited by JC

The first The Cloud One Hotel in Warsaw is set to open in the Upper One complex, offering over 360 rooms.

Investment & finance

Poland Panattoni sells two industrial facilities

schedule 16 December 2024
Opr./edited by JC

Panattoni has finalized the sale of two industrial parks – Panattoni Park Ruda Śląska III and Panattoni Park Kraków East II – to an international investor specializing in commercial real estate as its entry to Poland. The total transaction value reached about EUR 70 mln.

Office & mixed-use development

Poland Deloitte consolidates operations at Renoma

schedule 16 December 2024
Opr./edited by JC

Advisory firm Deloitte has decided to expand its office space at Wrocław's Renoma by more than 600 sqm. The building will become the company's sole office location in Lower Silesia.

Office & mixed-use development

Poland Reckitt consolidates its Warsaw office

schedule 16 December 2024
Opr./edited by JC

Reckitt Benckiser has chosen to consolidate its group companies in Ghelamco's Vibe. The company leased about 8,000 sqm of office space, becoming the largest tenant in the building.

Latest in Residential

schedule 13 December 2024

Robyg builds in Wrocław

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.

schedule 11 December 2024

European PBSA sector could grow by 70 pct over the next 5 years

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. 

schedule 04 December 2024

Resi Capital is developing its first project in Bielsko-Biała

Resi Capital, a company belonging to the Cavatina Group, is preparing its first residential project in Bielsko-Biała. The Reytan Apartments will be built on the site of the former Befama industrial plant.

schedule 29 November 2024

Capital Park Group launches landmark development in Katowice

The 30-ha revitalised site formerly occupied by the Silesia Metallurgical Plant will become home to a modern mixed-use district Nowy Wełnowiec with predominantly residential functions. Nearly a third of the area will be dedicated to open green spaces. The Capital Park Group is responsible for the implementation and management of the project. 

schedule 13 November 2024

YIT goes to Brno

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schedule 18 October 2024

New Archicom housing estate in Warsaw's Służewiec district

Archicom is planning a new housing estate in Warsaw. The developer wants to implement its latest project, designed by the WWAA studio, at the intersection of ul. Postępu and ul. Bokserska.

schedule 08 October 2024

Profbud teams up with Lewandowski

Profbud will develop the City of Polish Olympic Champions. Robert Lewandowski is a shareholder, as well as a content partner of the investment, which will be built on the outskirts of Warsaw, in the Lesznowola municipality.

schedule 07 October 2024

Develia expands into student housing

Develia has signed a letter of intent with Innova Capital and Solida Capital to develop student housing through an investment fund.

schedule 02 October 2024

Metropolis life in Bratislava

Czech property group Mint is finalising the construction of its premium Metropolis residential project in Bratislava, which will comprise 298 luxury apartments.

schedule 01 October 2024

White Stone Development and Nrep join forces

White Stone Development, a Polish developer active in the residential and commercial market, has announced the signing of key agreements for a new project. A PRS development, commissioned by Nrep, which is investing through the NSF V fund, will be built in Warsaw's Bielany district.

schedule 18 September 2024

Rentals in Prague are on the rise

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.

schedule 11 September 2024

AFI Home conquers Wrocław

The AFI Home platform is making its debut in a third Polish city. The development on ul. Długa in Wrocław offers 232 furnished flats.

schedule 06 September 2024

Port Praski enters new phase

Preparations are underway for the expansion of the Port Praski project. A housing estate and an attractive public space are planned along the quays of the former Warsaw port. The project will be evaluated by local residents as part of a dialogue about the investment.

schedule 23 August 2024

StudentSpace starts in Kraków

StudentSpace, a student housing platform, launched earlier this year by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, announced the start of the construction of its first investments.

schedule 07 August 2024

Resi4Rent adds more to Wrocław

Resi4Rent, Poland's largest PRS operator, has launched 290 rental apartments onto the Wrocław market this year.

schedule 01 August 2024

Skycity to grow in Gdynia

Allcon is starting the development of the Skycity Gdynia mixed-use complex, of which a 120-metre-high tower will be a part. Construction of the complex will begin later in 2024.

schedule 15 July 2024

Not only for students

The Collegia Group is launching another investment in the Tricity. A complex that will combine the functions of a student house, hotel and service space will be built at Grunwaldzka Avenue in Gdańsk.

schedule 27 June 2024

A new investor for PBSA in Poland

A new player, roomies platform, has announced its entry into the private student housing market in Poland. The new investor aims to build a portfolio of more than 2,000 units over the next five years.

schedule 21 June 2024

Off Miasto is being built in Gdańsk

Invest Komfort has announced the development of a new project in Gdańsk. Off Miasto is to be built on a plot of ca. 56,000 sqm, and the usable area of the flats will be almost 55,000 sqm. Construction of the first stage has already begun. The entire investment will take several years to complete. 

schedule 13 June 2024

Low-rise buildings, high standards

Construction works begin on the new Bellemonde residential complex in Bucharest. The project will cover a land area of over 41,000 sqm and will feature 93 villas and 71 apartments.

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Edition 12 (294) December 2024

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