PL

Libero attracts Apart

Retail & leisure
POLAND Jewellery retailer Apart has leased 120 sqm in the Libero shopping centre, which is being built by Echo Investment in Katowice.
“While choosing our locations we take into consideration the practical aspects, such as convenient transport and easy access to the centre, as well as the aesthetic aspects related to its architecture and quality of the interior,” commented Helena Palej, the PR manager of Apart. Libero is scheduled to open in spring 2018. The centre will comprise 40,000 sqm of retail and entertainment space, of which 80 pct is currently preleased. The tenants include Piotr i Paweł, Helios, Fabryka Formy, MkBowling, Media Markt, H&M, Grupa LPP, Forever 21, CCC, Deichmann, Rossmann and Smyk

Latest news

Warehouse & industrial

Poland ECE makes its start in logistics

schedule 22 September 2023
Opr./edited by ANZ

The ECE Group is making its debut on the Polish logistics market with the construction of a 78,000 sqm project near Kąty Wrocławskie in line with the requirements of BREEAM 'Excellent' certification.

Residential

Poland In the heart of the business district

schedule 22 September 2023
Opr./edited by ANZ

Archicom and Echo Investment are to begin the construction of the Modern Mokotów residential development in Warsaw's Służewiec district. The existing office development will be replaced by a 'destination' type residential quarter.

Architecture and urban planning

CZECH REPUBLIC Dutch-Czech team wins Dejvice contest

schedule 21 September 2023
Nathan North
deputy editor

Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory Square) in Dejvice district (Prague 6).

Residential

CZECH REPUBLIC €700 mln green loan for Heimstaden

schedule 21 September 2023
Opr./edited by NN

Swedish residential specialist Heimstaden Bostad, through its subsidiaries Heimstaden Czech and Heimstaden Czech Pilsen, has received a sustainability-linked loan of EUR 700 mln from a consortium of banks for its Czech properties.

Architecture and urban planning

SLOVAKIA Alto launches Sky Park arch-comp

schedule 20 September 2023
Nathan North
deputy editor

Alto Real Estate, the owner of the Sky Park complex in Bratislava, has launched an architectural competition for its further development on an adjacent plot.

Warehouse & industrial

Poland Panattoni’s high-tech park in Gliwice

schedule 20 September 2023
Opr./edited by ANZ

Panattoni has developed a BTS facility for the Tenneco Group in Gliwice. The European Engineering Centre is to serve the company as a research and development centre for new technologies.

Green projects

CEE REGION EIB awards CTP solar-powered €200m loan

schedule 20 September 2023
Opr./edited by NN

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 programme across its European business park portfolio.

Green projects

POLAND Cromwell granted €66m green loan for Janki

schedule 20 September 2023
Opr./edited by NN

Real estate investor and fund manager Cromwell Property Group has secured a EUR 66 mln green loan for the 61,000 sqm Janki shopping centre on the southern outskirts of Warsaw.

Residential

POLAND Vastint launches first Polish PRS project

schedule 20 September 2023
Opr./edited by NN

Vastint Poland is launching the development of its first private rental sector residential project – the Pastelowo estate, which is to be built on ul. Pastelowa in Poznań, close to the developer’s Business Garden office complex in the city’s Grunwald Północ district.

Investment & finance

Poland & Baltics AEI issues more green bonds for solar plants

schedule 20 September 2023
Opr./edited by JC

Atsinaujinančios Energetikos Investicijos has announced a EUR 13.22 mln green bond issue with a 10 pct yield and which is to mature in December 2025. The company will invest the money to build solar power plants in Poland.

Office & mixed-use development

Romania U•Center 2 is ready

schedule 20 September 2023
Opr./edited by JC

Forte Partners announces the completion of the U•Center 2 office building in Bucharest, which has a GLA of 35,000 sqm.

ESG

Poland / Czech Republic LaSalle covered in platinum

schedule 19 September 2023
Eurobuild CEE

LaSalle Investment Management has announced that three of its office buildings in the CEE region – two in Prague and one in Warsaw – have achieved WiredScore 'Platinum' certification. The Czech buildings are the first office properties in the country to receive WiredScore at the highest level.

Investment & finance

Poland Partners and Peakside pick up Okęcie site

schedule 19 September 2023
Opr./edited by ANZ

Partners Group and Peakside Capital Advisors have successfully completed the purchase of a 5 ha plot in Warsaw’s Okęcie district for the development of a last-mile urban logistics project.

Investment & finance

Romania The investment market decline

schedule 19 September 2023
Opr./edited by ANZ

The number of sold properties increased in Romania in H1 2023, but the average price per asset decreased by more than 50 pct according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Investment & finance

Hungary Skanska sells H2Offices

schedule 19 September 2023
Opr./edited by ANZ

Skanska has sold the first phase of its H2Offices complex in Budapest to Erste Open-Ended Real Estate Investment Fund, represented by Erste Alapkezelő Zrt. This is the third acquisition that the purchaser has made from Skanska Hungary, after acquiring Nordic Light in 2016 and Mill Park in 2018.

Office & mixed-use development

Polska Staying in North Gate

schedule 19 September 2023
Opr./edited by JC

Three tenants of North Gate office building in Warsaw have decided to extend their leases and expand the occupied space. As a result, the companies occupy a total of 4,000 sqm.

Warehouse & industrial

Poland Record deal for CTP

schedule 18 September 2023
Opr./edited by ANZ

A company from the logistics sector has leased 110,000 sqm in the CTPark Warsaw West complex in Wiskitki, near Warsaw. The new tenant will occupy a total of two buildings.

Warehouse & industrial

Poland Antra chooses Prologis

schedule 18 September 2023
Opr./edited by ANZ

Antra has leased almost 4,000 sqm of warehouse space in building DC4B at Prologis Park Chorzów. The lease was concluded for three years, with an option to extend.

Warehouse & industrial

Poland Half of Będzin park leased

schedule 18 September 2023
Opr./edited by ANZ

ILS, which is responsible for the warehousing, distribution and transport services of Inter Cars Group, has leased 22,500 sqm of storage space in Mapletree Park Będzin.

Investment & finance

Poland GLP seals 7R park purchase

schedule 18 September 2023
Opr./edited by ANZ

7R has finalised the sale of 7R City Flex Gdańsk II to GLP Europe. The facility comprises 11,000 sqm, currently fully leased by brands from the food and FMCG sectors.

Latest in Retail & leisure

schedule 13 September 2023

Street in the passage

Street Restaurant has opened in the Lixa office complex. The restaurant occupies approx. 470 sqm on the ground floor of the Lixa C building, facing the pedestrian walkway between ul. Kasprzaka and Giełdowa.

schedule 11 September 2023

Answear.com debuts in Warsaw

The owners of Answear.com and the Capital Park Group have signed a contract to lease space in the Norblin Factory complex in Warsaw. In the developer's flagship investment, the first stationary store of the digital platform will be established.

schedule 07 August 2023

Biggest buy for Fidurock

Czech-Dutch investor Fidurock has acquired Retail Park Trutnov in the Hradec Králové region from Czech Fund, which is managed by Brno-based Investiční skupina DRFG.

schedule 30 June 2023

13 new brands and more to come

According to Cushman & Wakefield, 13 new brands have arrived on the Czech retail market in the first six months of this year. Most of them are in the fashion segment and culinary concepts.

schedule 27 June 2023

Big make-over for One Split

CC Real, the international investment and asset management company, has commenced its extensive EUR 20 mln refurbishment of City Center one Split, due for completion by the end of Q2 2024.

schedule 01 June 2023

CBRE on the state of Czech retail

The rapid rise in prices (inflation increased by 15.1 pct y-o-y) and energy expenses have been met by a further decline in already weakened customer confidence. How did this affect shopping centres in the Czech Republic?

schedule 10 May 2023

Carrefour adds Cora Romania to portfolio

French grocery operator Carrefour has signed an agreement with Belgian retail group Louis Delhaize for the acquisition of its activities in Romania, which includes ten Cora hypermarkets and eight Cora Urban stores, as well as an e-commerce platform, logistics and central services.

schedule 28 April 2023

G City buys final 25% of Arkády Pankrác

G City Europe has completed the acquisition of the remaining 25 pct stake it did not previously own in the Arkády Pankrác shopping centre in Prague 4 (Nusle) for EUR 60.5 mln.

schedule 28 April 2023

Multiple attractions in Colosseum Mall

Colosseum Mall in Bucharest has announced the signing of a lease agreement with Hype by Kiddo for the opening of large entertainment centre. The centre will have an area of approx. 2,500 sqm, and the tenant's investment will amount to EUR 1.5 mln.

schedule 06 April 2023

First Polish M Park opens – in Świdnik

UK-based M Core, through its subsidiary LCP Properties, is to develop Świdnik M Park in an investment of EUR 10 mln. The 7,700 sqm retail park is the group’s largest development so far in Poland and the first under the M Park brand.

schedule 03 April 2023

Mitiska opens on the banks of the Danube

Mitiska REIM has announced the opening of a new retail park development in the city of Giurgiu, located in southern Romania.

schedule 31 March 2023

Two new Vendo Parks

Trei Real Estate has just opened another two retail parks of its Vendo Park brand in Poland. The properties are located in Zambrów and in Kraków. The two retail parks have a combined lettable area of around 11,000 sqm, and the investment volume adds up to circa EUR 16.4 mln.

schedule 24 March 2023

Glinianka is filling up

Jysk, which took up around 1,300 sqm, and Piekarnia Cukiernia Grzybki bakery (around 170 sqm) are new tenants at the Glinianka retail park. The park is being built in the village of Łubna, near Warsaw, and will provide the Mazovian market with around 10,000 sqm of leasable space. 

schedule 08 March 2023

Carrefour takes over in Plac Unii

A 3,000 sqm Carrefour supermarket is to open in thee Plac Unii office and retail complex in Warsaw, where it will replace Supersam, which operated in the complex until the end of 2022.

schedule 24 February 2023

Turawa Park ready for extension

Focus Estate Fund will soon start work on the extension of the Turawa Park shopping centre in Opole. The end of the redevelopment is scheduled for the fourth quarter of this year.

schedule 27 January 2023

Forum Gdańsk has new manager

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.

schedule 26 January 2023

Dawna Fabryka to replace former factory

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.

schedule 19 January 2023

Focus turns to Ferio Legnica

Focus Estate Fund has acquired the 13,200 sqm Ferio Legnica shopping centre in southwest Poland from Raiffeisen Bank International for an undisclosed sum.

schedule 18 January 2023

Strong retail in Romania

Cushman & Wakefield Echinox has presented its report on Romanian retail market. The development activity in the retail sector remains animated, with over 230,000 sqm planned to be delivered in 2023, which is the highest level of the last six years.

schedule 02 January 2023

Baltic Horizon sells Europa parking

BH Europa UAB, an SPV of Baltic Horizon real estate fund, has completed the sale of its share in the car park building of the Europa shopping centre in Vilnius to the UAB Prime Location Property Fund.

Edition 9 (281) September 2023

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