PL

West Station: the last stop

Construction
POLAND The handover of the second office building one month ahead of schedule marked the completion of the construction of the West Station scheme next to the Warszawa Zachodnia station.
With an area of 38,000 sq m, the new building is one of the largest built in Warsaw this year and new companies have leased over 8,300 sqm of space. West Station is a joint development of HB Reavis, PKP and Xcity Investment, being a major step in transforming the area around the Warszawa Zachodnia station. The project is composed of two fourteen-storey office buildings and a new station building facing Al. Jerozolimskie. Developed along with them was new road infrastructure, improving the car an
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Latest news

Investment & finance

Hungary Transforming offices into hospitality

schedule 23 January 2025
Opr./edited by JC

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

Romania The Chinese buy Rus Savitar factory

schedule 23 January 2025
Opr./edited by ANZ

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

Poland Eurobuild CEE for January and February!

schedule 22 January 2025
Eurobuild CEE

The latest, optimistic issue of Eurobuild CEE is now available! Make sure you don't miss it! 

Investment & finance

Czech Republic Max has bought from Anatol

schedule 22 January 2025
Opr./edited by JC

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

Poland Valmet Automotive's factory in Żary is growing

schedule 22 January 2025
Opr./edited by ANZ

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

Poland TVH leases a warehouse in Silesia

schedule 22 January 2025
Opr./edited by JC

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

Germany Timber Factory is set for construction

schedule 22 January 2025
Opr./edited by JC

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

Poland The law firm SPCG has chosen Infinity

schedule 22 January 2025
Opr./edited by ANZ

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

Germany Invesco has bought a brownfield

schedule 22 January 2025
Opr./edited by JC

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

Poland Four new tenants at MDC²

schedule 22 January 2025
Opr./edited by ANZ

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

Poland Atlas Ward is responsible for the redevelopment of V Tower

schedule 21 January 2025
Opr./edited by ANZ

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

Poland InterPadel is the first tenant at MLP Business Park Poznań

schedule 21 January 2025
Opr./edited by ANZ

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. 

Warehouse & industrial

Germany Bravobike shifts into high gear

schedule 20 January 2025
Opr./edited by JC

Garbe Industrial Real Estate has concluded a rental agreement with Bravobike in Kabelsketal (Saale district, Saxony-Anhalt). The company will use a total area of approx. 23,500 sqm.

Office & mixed-use development

Poland PFR is staying in Cedet

schedule 20 January 2025
Opr./edited by JC

Companies from the PFR group, including Kuke, remain tenants of Cedet in Warsaw. The companies use a total of 9,500 sqm in the office building.

Investment & finance

Poland The French are shopping in Poland

schedule 20 January 2025
Opr./edited by JC

At the beginning of 2025, Remake Asset Management made its debut in Poland. We received exclusive commentary on the matter from Julien Lamy of Remake and Błażej Czwarnok of the Gide law firm.

Office & mixed-use development

Poland Some Oxygen for Grupa Transportowa

schedule 20 January 2025
Opr./edited by JC

Grupa Transportowa has joined the group of tenants of Oxygen Park. The new Warsaw branch of the company is located in nearly 200 sqm of office space on the ground floor of Building B.

Land acquisitions

Serbia CTP purchases land in Kragujevac

schedule 17 January 2025
Opr./edited by ANZ

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 Kragujevac. 

Office & mixed-use development

Poland Grundmanna Office Park has a new tenant

schedule 17 January 2025
Opr./edited by ANZ

IT company Sopra Steria Polska will change its Katowice address in 2026. The company has signed a lease for 4,000 sqm of office space in the Grundmanna Office Park A building, owned by Cavatina Holding.

Office & mixed-use development

Poland Cushman commercialises Equal Business Park

schedule 16 January 2025
Opr./edited by ANZ

Cushman & Wakefield has been appointed as sole letting agent for three buildings of Kraków’s Equal Business Park, owned by funds managed by Apollo-Rida. 

Warehouse & industrial

Poland Construction works start on City Point Okęcie

schedule 16 January 2025
Opr./edited by JC

The joint venture between Partners Group, acting on behalf of its clients, and Peakside Capital Advisors announces the start of construction for City Point Okęcie. The urban logistics facility, spanning over 11,000 sqm, will be strategically located near Warsaw Chopin Airport.

Latest in Construction

schedule 02 September 2024

Strabag to build The Arc

Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office property, The Arc. The investment will bring a ten-story, class A office building to the 6th District of Bucharest.

schedule 06 May 2024

Digitalisation to the rescue

In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real estate industry at the moment. In addition, the expert survey focused on the effects of megatrends such as demographic developments, digitalisation and urbanisation.

schedule 08 January 2024

There's hope in the modules

According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated buildings made of wood, steel, concrete, or LECA generated revenue of nearly PLN 10 bln in 2022, with 47 pct of the figure contributed by sales in the modular building segment.

schedule 17 July 2023

Erbud and Daewoo sign five-year MOU

Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement projects in the energy and key industrial, infrastructural and military sectors across Poland.

schedule 03 July 2023

Russian builders enlisted in return for orders

Moscow city authorities have “asked” development and construction companies to enlist their workers to fight in the war in Ukraine in exchange for orders. One of these corporations is to provide the Russian defence ministry with 30 volunteers ready to be posted to the front by the end of August.

schedule 17 April 2023

Skanska to build for CD Projekt

Skanska has been commissioned to construct a new building for Polish video game developer CD Projekt on its main campus in Warsaw’s Praga Północ district.

schedule 02 March 2023

Training centre in Attendorn

Viega has launched an interactive training centre near its headquarters in Attendorn. Over five floors, Viega World occupies a total of 12,000 sqm of space.

schedule 12 July 2022

Frontex opens new HQ tender

Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headquarters in Warsaw.

schedule 22 June 2022

Erbud wins PLN 30 mln WUM contract

Erbud has been awarded a PLN 29.8 mln contract to modernise the Rector’s Office of the Medical University of Warsaw (WUM).

schedule 20 May 2022

Atlas Ward starts work on Szczecin sheds

Atlas Ward Polska has started work on two logistics parks with a total area of over 70,000 sqm on the eastern outskirts of Szczecin for Panattoni.

schedule 11 May 2022

Rex-Bud to build MDC2 Park Gliwice

Polish industrial developer MDC2 has chosen Rex-Bud Budownictwo to be the general contractor for MDC2 Park Gliwice in Upper Silesia.

schedule 29 April 2022

FineTech chosen to complete Lixa

Yareal has commissioned FineTech Construction to be the general contractor responsible for completing the final stages of its Lixa office complex in Warsaw.

schedule 28 April 2022

Prices rise for construction

Prices for building materials in Poland increased by close to 30 pct over the last twelve months according to Savills.

schedule 21 March 2022

Erbud to rebuild Gdańsk shipping infrastructure

Erbud is to reconstruct the Nabrzeże Szyprów shore in Gdańsk for PLN 28.5 mln.

schedule 25 February 2022

Hochtief builds for Warsaw University

Hochtief Polska has completed construction work on an educational building for the University of Warsaw on ul. Dobra for the department of applied linguistics.

schedule 28 January 2022

Financing secured for completion of The Park Kraków

International investor Cain International and its local development partner, White Star Real Estate, have secured a EUR 36 mln loan from PKO BP to complete the development of The Park Kraków.

schedule 26 January 2022

Erbud takes in GWI for wooden mod cons

Polish construction firm Erbud has merged its subsidiary Mod21 with German wooden modular buildings specialist GWI to establish a new company, also called Mod21.

schedule 31 December 2021

Erbud wins PLN 300 mln Lidl contract

Erbud has been awarded a PLN 298.4 mln contract to build a distribution centre for discount retailer Lidl near Błonie, west of Warsaw.

schedule 02 December 2021

Erbud to build three residential blocks in Warsaw

Erbud has announced a PLN 52.8 mln contract with Polish Export Trade & Investment to build three residential buildings in Warsaw’s Praga-Południe district.

schedule 10 November 2021

Skanska partners with Holcim

Skanska has announced a strategic partnership with concrete supplier Holcim Romania to help it reach carbon neutrality by 2045.

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Edition 1 (295) January 2025

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