PL

Compass establishes European beachhead

Office & mixed-use development
POLAND Compass Offices, the Asian serviced office space provider, has opened its first European location in Warsaw’s Rondo 1 tower. The company will take up 2,000 sqm of space on the building’s tenth floor.
The new Compass office, which will offer 200 to 230 workstations, will be able to accommodate up to 60 companies. The office operator rents out different kinds of offices (including the fully serviced and virtual offices) and conference rooms. It also provides administrative services along with the IT and communication support to its tenants. Compass Offices plans on opening five more locations in Poland by 2017. Two of the offices are set to be located Warsaw. According to what Hadley Dean, CEO of Compass Offices EMEA, told ‘Eurobuild CEE’, one of the planned Warsaw locations will be situated in the Plac Unii office and retail complex. “Over the last five years Poland has had the highest GDP growth in the EU and has become the centre of international projects and investments. It is a country where the economy is growing owing to the small and medium enterprises and start-up businesses. Demand for flexible and comprehensive workplace solutions is growing. This is why we are beginning our European expansion from Poland,” said Hadley Dean. The company opened its first office in 2009 in Hong Kong. Since then it has become the largest provider of serviced offices in that city. It currently operates in over twelve countries: Australia, China, Hong Kong, Japan, Kazakhstan, Singapore, Malaysia, South Korea, Thailand, Vietnam, the Philippines and Poland. Compass aims to open 70 centres in the Europe, Middle East and Africa region over the next two years.

Latest news

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.

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

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. 

Public buildings

Poland Museum of Modern Art opens

schedule 25 October 2024
Opr./edited by ANZ

The Museum of Modern Art opens to the public today. The residents of the capital have been waiting for this investment for nearly twenty years. It is not only a major new institution on the cultural map of Poland, but also another project changing the centre of Warsaw.

Investment & finance

Atenor sells Lakeside

schedule 25 October 2024
Opr./edited by MR

Atenor has announced the signing of an agreement with an international investor for the sale of the Lakeside project in Warsaw. The transaction, expected to be closed by the end of the year, represents a significant step in Atenor’s debt reduction strategy.

Warehouse & industrial

Czech Republic Czech industrial rents hold steady

schedule 24 October 2024
Opr./edited by JC

Industrial Research Forum announced Industrial Market Figures for Q3 2024. Space under construction in Czech Republic is significantly larger than new supply so far in 2024.

Investment & finance

Europe Starwood Capital and pbb are partnering up

schedule 24 October 2024
Opr./edited by JC

Starwood Capital Group, a global private investment firm focused on real estate, and Deutsche Pfandbriefbank announced they have signed a Memorandum of Understanding to finalise a strategic partnership in CRE lending.

Office & mixed-use development

Poland Silesia Star with a new tenant

schedule 24 October 2024
Opr./edited by JC

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.

Office & mixed-use development

Serbia Sirius fully commercialised

schedule 23 October 2024
Opr./edited by ANZ

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.

Office & mixed-use development

Poland Ace of Space take off

schedule 23 October 2024
Opr./edited by ANZ

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.

Investment & finance

Poland Loan to Hillwood Zgierz II

schedule 22 October 2024
Opr./edited by ANZ

Hillwood Polska and mBank have closed a financing deal of more than EUR 38 mln for the construction of the Hillwood Zgierz II logistics park. This is yet another cooperation between the companies.

Warehouse & industrial

Poland CTPark Warsaw West opened

schedule 22 October 2024
Opr./edited by ANZ

Raben Group has moved into its newest warehouse and shipping centre in the CTPark Warsaw West complex near Warsaw.

Latest in Office & mixed-use development

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.

schedule 02 October 2024

Charities move into Diuna

Syrena Real Estate, managing Diuna office complex in Warsaw’s Służewiec district, has made spaces available free of charge for statutory activities of Unicef Poland and the Wiosna Association. Both organisations have launched their activities and are running initiatives.

schedule 01 October 2024

Enjoying the Metropolitan vibe

New leases and extensions have been signed for a total of 18,000 sqm in the Metropolitan Warsaw building. Companies such as HP and LCP Group have decided to continue their operations in the building.

schedule 01 October 2024

PIB takes 1.2k in West 4 Business

Insurance brokerage PIB Group is to occupy 1,200 sqm of office space in the West 4 Business Hub in Wrocław.

Edition 10 (292) September 2024

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