Investment & finance
Eastnine entered the Polish market in 2022 with the purchase of Nowy Rynek D in Poznań. And building E was added to its portfolio early last year. But at the end of the year, the Swedish investor pulled off a major coup with the biggest office acquisition of 2024 when it added Warsaw Unit to its portfolio. So, we spoke to Kestutis Sasnauskas, the CEO of Eastnine, to find out more about this spectacular transaction and the company’s future plans
Office & mixed-use development
Law firm CMS has renewed its lease for 10 years for 10,200 sqm of office space at MainTor Panorama building in Frankfurt.
Investment & finance
Martley Capital has completed the sale of two Polish warehouse assets from their Polish value add fund, known as POLAF. The assets are located in Długołęka and in Oleśnica, both in the Wroclaw Industrial Hub.
Retail & leisure
Cushman &Wakefield has summarised the situation on the Polish retail market. Over half a mln sqm of new retail space came on stream last year, marking the highest new supply level in Poland since 2015. This robust development activity occurred amid rising demand from new retailers and improving consumer sentiment which boosted retail sales.
Investment & finance
We talk with W. P. Carey, the US-based sale and leaseback specialist and Christopher Mertlitz, the company’s Head of European Investments, explains the company’s strategy in Poland and why he believes ample opportunities for this kind of financing still exist.
Warehouse & industrial
Panattoni has completed the construction of a new logistics centre for Rossmann in Üllő. The area of the facility is 28,000 sqm.
Residential
Only 11 pct of students in Poland can be accommodated in student houses, both public and private. PRS At a Glance: Institutional Rental Market Poland. Student Housing 2024, a report by BNP Paribas Real Estate Poland, indicates that investor interest in the PBSA segment will grow in the coming years.
Office & mixed-use development
The occupancy level of Wola Center has reached 90 per cent. The latest contract for the lease of 2,000 sqm was concluded by Hines with the Warsaw Court of Appeal. In addition to office space, the long-term contract includes parking spaces.
Investment & finance
Forestay Group, in strategic partnership with Recorde Asset Management, announced the acquisition of Váci Utca 81, a 10,200 sqm office building situated in Budapest.
Investment & finance
Rus Savitar, a furniture and chipboard manufacturer in Romania, has sold its factory in Dudeștii Noi, Timiș County, to UE Furniture, a global producer of chairs, armchairs, and sofas. The transaction encompasses a total area of 120,000 sqm of land and 60,000 sqm of buildings.
Eurobuild CEE
The latest, optimistic issue of Eurobuild CEE is now available! Make sure you don't miss it!
Investment & finance
The Myslbek office and retail complex on Prague’s centrally located Na Příkopě street has been purchased by Max Realitní Fund. The property was acquired from Anatol Invest Holding.
Warehouse & industrial
Panattoni and Valmet Automotive, a supplier to the automotive industry, have officially inaugurated the expansion of the factory in Żary. On 21 January, the foundation stone was laid for the construction of an 8,800 sqm BTS facility.
Warehouse & industrial
TVH, a global supplier of parts and accessories for material handling, industrial, construction and agricultural machines, has leased nearly 17,000 sqm of space at Prologis Park Ruda Śląska.
Office & mixed-use development
Timber Factory – the building complex by UBM Development and ARE Austrian Real Estate – will be Munich’s first commercial campus in a timber hybrid design, with approx. 59,500 sqm of GFA. Building is scheduled to begin in the Q3 of 2025.
Office & mixed-use development
The law firm of attorneys and legal advisers Studnicki, Płeszka, Ćwiąkalski, Górski has joined the group of tenants in Wrocław's Infinity office building. The firm has leased over 350 sqm of space. The opening of the new branch of the SPCG law firm is scheduled for August 2025.
Investment & finance
Invesco Real Estate has acquired a post-industrial site in Bruchsal for Invesco Real Estate Europe Fund III. The 80,000 sqm site will be revitalised in cooperation with Propel Industrial.
Warehouse & industrial
MDC², which is developing the MDC² Park Kraków South warehouse complex in Skawina near Kraków with investor Generali Real Estate, has signed four leases for a total of nearly 16,000 sqm. The companies have taken warehouse and office space.
Office & mixed-use development
Atlas Ward appointed as general contractor for the redevelopment of V Tower. The green modernization of the office building at ul. Chmielna in Warsaw has entered its decisive phase. The work began in January and is scheduled to be completed by the end of August.
Warehouse & industrial
MLP Group has signed a lease agreement with a company operating a network of padel centers in Poland. InterPadel will occupy approx. 2,800 sqm of space at MLP Business Park Poznań. The facility is scheduled for handover in December 2025.
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 supervisory board. From the beginning of 2025, Mikołaj Konopka, current member of the management board and co-founder and president of Euro Styl, will take over the reins of the company.
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held the position of head of Corporate Finance and Valuation at Savills.
Michał Masztakowski has taken up the position of the head of the retail agency in Poland at Cushman & Wakefield. He will be responsible for preparing and implementing the department's business strategy, expanding the firm's client portfolio and leading a team advising tenants and investors.
Savills has appointed Stuart Jordan, the current managing director of the consultancy in the Czech Republic and Slovakia, as CEO of the entire CEE region.
BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.
Austrian real estate investor S Immo, following the successful completion of the mandatory takeover offer by Prague-based CPI Property Group, has by mutual consent terminated the contract of S Immo’s CEO, Bruno Ettenauer.
Łukasz Jachna, the current member of the board and the chief capital markets officer of Polish warehouse developer 7R, has decided to leave the company. He will remain the head of the capital markets team until the end of September this year.
Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.
The Generation Park Y office tower, which was developed by Skanska in Warsaw's Wola-Centrum district and is now owned by Hansainvest Real Assets, has received a Well Core & Shell ‘Gold’ certificate.
Polish construction firm Erbud has published a book aimed at encouraging girls to think about a career in the building industry.
Maciej Madejak has been appointed chief development officer, founder, and member of the management board of MDC2. Previously, he held management-level positions at Prologis, Goodman and Panattoni.
Avison Young has broadened its range of services with valuation and advisory.
Monika Rajska-Wolińska has been promoted from managing partner for Poland to the position of CEO of Colliers in Central and Eastern Europe, which now covers Poland, the Czech Republic, Hungary, Romania, Slovakia and Bulgaria, effective from August 1st, 2021.
Silvia Schmitten-Walgenbach has been chosen to be the next CEO of Austrian real estate investor and developer CA Immo.
Colliers has announced that it is ending its affiliation with its partner companies in Serbia and Greece.
Cushman & Wakefield has reorganised its CEE leadership by creating eight new senior positions.
Avison Young has launched two new strategic affiliations in the Czech Republic and Bulgaria to expand the firm’s services to clients further across the CEE region.
A mix of in-office and remote working is likely to be the main style of office working to maximise employee and organisational performance once the pandemic is over, according to the latest report from Cushman & Wakefield.
JLL has for the first time in the history of international real estate consultancies in Poland chosen someone from outside the sector to run the company. Mateusz Bonca has been appointed the CEO of JLL in Poland, with his new posting becoming effective in mid-November.
POLAND Reina Partners is the latest advisory to emerge on the Polish commercial real estate market.
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 ...
Two buildings completed as part of the first phase of Good Point V, an investment by Real Management, have received the final BREEAM International New ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
The latest, optimistic issue of Eurobuild CEE is now available! Make sure you don't miss it!
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
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 ...
Mövenpick has made its debut in Poland with the opening of two hotels – Mövenpick Grand Hotel Wrocław and Mövenpick Resort & Spa Karpacz. The brand ha ...
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 ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Eastnine entered the Polish market in 2022 with the purchase of Nowy Rynek D in Poznań. And building E was added to its portfolio early last year. But ...
CTP has strengthened its presence in Serbia with the acquisition of a significant parcel of land which will provide 50,000 sqm of lettable space in Kr ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Law firm CMS has renewed its lease for 10 years for 10,200 sqm of office space at MainTor Panorama building in Frankfurt.
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 ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
Only 11 pct of students in Poland can be accommodated in student houses, both public and private. PRS At a Glance: Institutional Rental Market Poland. ...
Cushman &Wakefield has summarised the situation on the Polish retail market. Over half a mln sqm of new retail space came on stream last year, marking ...
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 ...
Panattoni has completed the construction of a new logistics centre for Rossmann in Üllő. The area of the facility is 28,000 sqm.
Minimalism or a wealth of features? How companies view offices?
Minimalism or a wealth of features? How companies view offices?
Walter Herz
The office market showcases two polar opposite trends in how companies approach leasing and arranging spaces, which can be described as a wealth of features and minimalism. Two d ...
Office spaces in logistics centres: an alternative to office buildings?
Office spaces in logistics centres: an alternative to office buildings?
Axi Immo
The office market in Warsaw is currently experiencing a period of stability in terms of supply and take-up. Recent data on overall tenant activity indicates that clients in the cap ...
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Poland's commercial real estate sector faces a major challenge in meeting the ambitious targets set by the updated EPBD. From costly retrofits to regulatory uncertainty, investors ...