PL

Yggdrasil takes root in Browar Lubicz

Office & mixed-use development
POLAND Mobile casino game provider Yggdrasil Polska has opened an office in Browar Lubicz in Kraków.

Yggdrasil Polska, which is named after the tree of Norse mythology that connects the different worlds, will lease 800 sqm in the revitalised former brewery. At present the office is being fitted out. The deal was brokered by Leach & Lang, which also helped brokered the 3,800 sqm lease of Codewise in the centre.

Latest news

Warehouse & industrial

POLAND Bidfood first into biggest Prologis spec shed

schedule 27 January 2023
Opr./edited by NN

Catering products supplier Bidfood Farutex has become the first tenant of Prologis’ largest ever speculative building, having leased 9,795 sqm at Prologis Park Wrocław III.

Office & mixed-use development

Poland Interest and optimisation

schedule 27 January 2023
Opr./edited by ANZ

In 2022, the demand for offices in Warsaw exceeded 860,000 sqm. The highest tenant activity could be seen in Q1 and Q4 of the previous year. Traditionally, most Warsaw offices were contracted by companies from the financial sector, business services and the IT industry.

Retail & leisure

POLAND Forum Gdańsk has new manager

schedule 27 January 2023
Opr./edited by ANZ

In January 2023, Sierra Balmain commenced cooperation in the field of lease management and the provision of financial and corporate accounting services for the Forum Gdańsk shopping centre, owned by NEPI Rockcastle.

Retail & leisure

POLAND Dawna Fabryka to replace former factory

schedule 26 January 2023
Opr./edited by NN

The Dawna Fabryka retail park is to be built on the site of the former ZREMB Foundry near the centre of Jelenia Góra in southwestern Poland.

Investment & finance

CZECH / SLOVAKIA Arete not stopping after EUR 100 mln loan

schedule 26 January 2023
Opr./edited by NN

Czech industrial real estate investor and developer Arete is to receive more than EUR 100 mln (CZK 2.5 bln) in financing for its portfolio from a consortium of banks made up of Česká spořitelna and Slovenská sporiteľňa.

Investment & finance

CENTRAL EUROPE EUR 40 mln in debt financing for Trei

schedule 26 January 2023
Opr./edited by NN

German residential and retail developer and asset manager Trei Real Estate has obtained EUR 40 mln in debt funding from Berlin Hyp.

Office & mixed-use development

HUNGARY Orbico drinks in H2Offices

schedule 26 January 2023
Opr./edited by NN

Logistics provider Orbico Hungary has leased 1,253 sqm of office space in the first phase of H2Offices complex in Budapest.

Investment & finance

Poland Investing in times of uncertainty

schedule 26 January 2023
Opr./edited by ANZ

The investment volume of 2022 was shaped by five large deals, which accounted for 40 pct of the total result. Market liquidity fell by 27 pct, from a record 166 transactions in 2021 to 122 completed in 2022, according to experts at Avison Young.

Warehouse & industrial

Poland Panattoni to start latest giant Poznań project

schedule 26 January 2023
Opr./edited by ANZ

Panattoni has purchased a 35 ha plot for the development of Panattoni Park Poznań A2. Construction work on the complex, which has a target area of almost 150,000 sqm, is to start as early as February.

Investment & finance

Poland Develia sells Wola Retro

schedule 26 January 2023
Opr./edited by ANZ

Develia has signed a preliminary agreement for the sale of Wola Retro office building in Warsaw. The buyer is WR Office, owned by an investment fund managed by Adventum Group. The sale price was set at EUR 69.8 mln, or app. PLN 328.6 mln.

Investment & finance

Poland A heritage site for 1 percent

schedule 25 January 2023
Opr./edited by ANZ

Szczecin is putting up for sale the building of a historic oil mill, which could be transformed into an interesting mix-use project. The property can be purchased with a 99 pct. discount on the net sale price.

Warehouse & industrial

Romania LPP and CTP join forces at CTPark Bucharest West

schedule 25 January 2023
Opr./edited by ANZ

LPP has leased a 65,000 sqm facility at CTPark Bucharest West distribution and logistics centre. The deal represents the first partnership between Poland’s LPP and CTP in Europe.

Warehouse & industrial

Polska The Panattoni Park West Gate fills up

schedule 25 January 2023
Opr./edited by ANZ

Panattoni Park Poznań West Gate is nearing full commercialization - the developer has already leased around 58,000 sqm in the facility, which has a total area of 61,000 sqm. Nearly 10,500 sqm is used by DFDS, a company offering transport and logistics services.

Warehouse & industrial

Czech Republic Tailor-made 10k for Taconova

schedule 25 January 2023
Opr./edited by ANZ

Garbe is to start work on Garbe Park České Budějovice near the South Bohemian city, following the conclusion of a deal with German hydronic heating specialist Taconova to lease almost 10,500 sqm of space in the park. Another 9,500 sqm of logistics space is at the same time to be developed speculatively.

Office & mixed-use development

POLAND Aterima at home in B4B

schedule 24 January 2023
Opr./edited by NN

Senior and disabled persons home care provider Aterima Group has prolonged and extended its lease in Bonarka for Business in Kraków.

Office & mixed-use development

POLAND Schneider Electric still buzzing in Park Rozwoju

schedule 24 January 2023
Opr./edited by NN

Schneider Electric Polska renegotiated the contract and extended its lease of 8,500 sqm of office space in Park Rozwoju in Warsaw’s Służewiec business district.

Warehouse & industrial

SLOVAKIA Dirks goes gently into VGP Bratislava

schedule 24 January 2023
Opr./edited by NN

Logistics company Dirks Consumer Slovakia has leased 43,320 sqm in the first phase of VGP Park Bratislava.

Warehouse & industrial

POLAND TKD wired into MLP Pruszków II

schedule 24 January 2023
Opr./edited by NN

Cable and wire manufacturer and distributor TKD Polska has leased about 2,800 sqm at the MLP Pruszków II logistics park on Warsaw’s western outskirts.

Investment & finance

Europe Enthusiasm remains high for Duodev 2

schedule 24 January 2023
Opr./edited by ANZ

Second closing has been sealed for the Duodev 2 fund initiated by the Mestdagh and Mulliez families, proposing to invest in European real estate projects developed by Equilis. Six months after the approval of the first closing, the Duodev 2 fund continues its success.

Warehouse & industrial

Poland Panattoni launches latest Warsaw park

schedule 24 January 2023
Opr./edited by ANZ

Panattoni has purchased 4 ha of land and is soon to start construction on Panattoni Park Warsaw South III Piaseczno, where it will develop around 20,000 sqm.

Latest in Office & mixed-use development

schedule 27 January 2023

Interest and optimisation

In 2022, the demand for offices in Warsaw exceeded 860,000 sqm. The highest tenant activity could be seen in Q1 and Q4 of the previous year. Traditionally, most Warsaw offices were contracted by companies from the financial sector, business services and the IT industry.

schedule 26 January 2023

Orbico drinks in H2Offices

Logistics provider Orbico Hungary has leased 1,253 sqm of office space in the first phase of H2Offices complex in Budapest.

schedule 24 January 2023

Aterima at home in B4B

Senior and disabled persons home care provider Aterima Group has prolonged and extended its lease in Bonarka for Business in Kraków.

schedule 24 January 2023

Schneider Electric still buzzing in Park Rozwoju

Schneider Electric Polska renegotiated the contract and extended its lease of 8,500 sqm of office space in Park Rozwoju in Warsaw’s Służewiec business district.

schedule 23 January 2023

FutureMeds aims for Infinity

Clinical trials specialist FutureMeds has leased 1,100 sqm in the Infinity office building in Wrocław.

schedule 23 January 2023

Location specialist locates in Globalworth Campus

Geographic information system (GIS) software specialist ESRI Romania has signed a five-and-a-half year lease for 540 sqm in Globalworth Campus in Bucharest.

schedule 20 January 2023

A state-of-the-art high-street palace

The renovation of the Krausz Palace is near completion. The modernized 130-year-old classical building is now being relaunched as a state-of-the-art high-street retail and office asset, within one of the most attractive districts of Budapest.

schedule 20 January 2023

PINK takes a look at the office market

PINK has published figures on office market in Warsaw for Q4 2022. The data includes information on modern office stock, new completions, take-up volumes and vacancy rates.

schedule 19 January 2023

Flex relies on ESG and technology

In a difficult and unpredictable economic climate, flexible spaces are gaining in importance, the experts at New Work point out in their report. ESG issues are also playing a growing role in this sector.

schedule 18 January 2023

Farewell Atrium, hello Upper One

Strabag Real Estate is starting the demolition process for Atrium International in central Warsaw. The 1990s office building is to be replaced by the Upper One office and hotel complex

schedule 16 January 2023

Vaillant breezes into .KTW

German ventilation systems producer Vaillant Group is to open its second office in Poland in the .KTW office complex in Katowice.

schedule 16 January 2023

Outstanding America House

America House, located in the heart of Bucharest CBD, is the first Class A office building in the city to obtain Outstanding rating according to BREEAM In-Use certification. EUR 10 mln have been invested in the building.

schedule 12 January 2023

Green light for Old Slaughterhouse offices

Vastint has received permission to renovate the first three buildings in the historic Old Slaughterhouse complex in Poznań. They will be restored and converted into office buildings. The revitalisation plan for the rest of the Old Slaughterhouse is currently the subject of public consultation.

schedule 12 January 2023

Accenture rides the wave

Accenture, a consulting company, will open its office in the Wave commercial building in Gdańsk. The new tenant will occupy approximately 1,000 sqm of space equipped with pro-environmental and innovative solutions, which have undergone additional LEED Interior Design certification.

schedule 11 January 2023

Royal Russell School in Vilnius

Lords LB Special Fund IV, the developer of St. Jacob's Quarter in Vilnius, has welcomed a new tenant, Royal Russell School. The British international school will open its doors in 2024 and will be the first boarding school in Lithuania.

schedule 10 January 2023

All the CEE for Bienias

Daniel Bienias, the managing director of CBRE Poland, has taken up a new role in the company. He will now also hold the position of managing director for the CEE region. 

schedule 09 January 2023

FrieslandCampina stays for good

The SSC unit of one of the world's largest dairy producers has signed a new, long-term renewal for 3,000 sqm in the BREEAM Excellent rated CityZen office building. FrieslandCampina SSC has its headquarters in the Hungarian Váci út office building since 2017. 

schedule 04 January 2023

Ion Analytics in Millennium Gardens

Ion Analytics has leased 1,658 sqm of office space in Millennium Gardens, which has been developed by Triganit in Budapest.

schedule 04 January 2023

Business Gardens busy leasing

Vastint leased almost 13,400 sqm in three of its Business Garden office complexes in Poland in the last months of 2022.

schedule 03 January 2023

Strong flexible office activity

According to the latest report from Workthere.pl, Savills flexible office specialist, since 2018 flex providers have delivered over 239,000 sqm of new office space in 114 buildings, accounting for 75 pct of Poland’s total coworking and serviced office stock.

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