PL

Mayhouse on its way

Office & mixed-use development
CZECH REPUBLIC CPI Property Group has begun work on the 7,700 sqm Mayhouse office building in Prague’s Pankrác district.
Construction work is underway on the lower structure of the six-storey building on 5. května street, which will provide 69 parking spaces. A typical floor in Mayhouse will amount to 1,580 sqm. The project is in a highly-visible location and will feature large-format windows to deliver exceptional daylight to the building and for displaying the illuminated logos of each tenant located behind the building’s façade, PSJ is the general contractor for the project.

"In preparing the Mayhouse project, we principally concentrated on the effective use of space for larger and smaller companies. The building minimises common corridors and other ‘deaf’ spaces and is very flexible in terms of office size. Unique to the project, is its location on Prague's main thoroughfare and the associated exceptional visibility of tenants,” said Pavel Hain-Schmiedbersky, the senior office Asset manager at CPI Property Group.

The project should be completed in H1 2019.

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Investment & finance

Poland First mezzanine loan in CE for Invesco Real Estate

schedule 19 July 2024
Opr./edited by ANZ

Europe Fund III SCSp Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III – SCSp (Europe III), the third European value-add strategy in succession for the firm.

Material partner

Croatia Exclusive Auction: Unique Investment Opportunity in Istria

schedule 12 June 2024
Eurobuild CEE

Colliers, in partnership with Illyrian Land Funds, is announcing an exclusive auction for a prime development land site in Istria, Croatia. This property, covering 1,603,903 sqm, is ideal for a mixed-use resort development near Vodnjan, a charming town in Istria, Croatia's top tourist region. The site is just a 15-minute drive from the seafront

Investment & finance

Romania WDP's major acquisition

schedule 19 July 2024
Opr./edited by ANZ

WDP has acquired a portfolio in Romania comprising properties with a leasable area of roughly 136,000 sqm and a large plot of land for a future development with a total potential GLA of more than 300,000 sqm. The value of the transaction is app. EUR 110 mln.

Eurobuild CEE

Poland The summer issue of "Eurobuild" has been released!

schedule 19 July 2024
Eurobuild CEE

The summer, July-August issue of "Eurobuild" has already been published - the publication is, as usual, full of interesting articles and expert analyses, and their titles infallibly bring hope to the hearts of the entire industry!

Public buildings

Poland Nova Marina for sailors in Gdynia

schedule 18 July 2024
Opr./edited by ANZ

In Gdynia, in the historic location of the South Pier and by the yacht harbour, Ghelamco, together with the Polish Yachting Association (PZŻ), will build a multifunctional building with a sailing centre.

ESG

Czech Republic BREEAM Outstanding for The Platform

schedule 18 July 2024
Opr./edited by ANZ

AEW has achieved the BREEAM New Construction ‘Outstanding’ rating with a score of 88.1 pct for its recently completed 36,400 sqm brownfield logistics development The Platform in Pilsen, Czech Republic. 

Warehouse & industrial

Romania VGP Park Bucharest North welcomes DHL Express

schedule 18 July 2024
Opr./edited by ANZ

DHL Express will open a new logistics centre in VGP Park Bucharest North, located in the immediate vicinity of Bucharest, in the town of Ștefănești. The new centre, with an area of 4,100 sqm, will be used for sorting and processing the shipments arriving by air.

Warehouse & industrial

Romania CTP completes first phase of CTPark Arad West

schedule 18 July 2024
Opr./edited by ANZ

CTP has delivered 23,000 sqm from CTPark Arad West project, with an additional 20,000 sqm ready for tenant fit-out. The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB, and provides state-of-the-art facilities for logistics and production activities.

Warehouse & industrial

Poland Work commences at City Point Targówek

schedule 17 July 2024
Opr./edited by ANZ

The joint venture between Partners Group and Peakside Capital Advisors has launched the construction of the C2 facility at City Point Targówek. The light industrial building will offer 25,000 sqm of space with units starting from 1,000 sqm. Depenbrock Poland is the general contractor for the project.

Warehouse & industrial

Germany Garbe leases in Werne

schedule 17 July 2024
Opr./edited by ANZ

Garbe has signed a long-term lease agreement with Lecangs, a company specialising in warehouse logistics, in Werne, North Rhine-Westphalia. New tenant will use around 21,000 sqm of warehouse space and around 1,000 sqm of office and social space in the logistics property for its German subsidiary Flexispot.

Retail & leisure

Poland Polish retail market continues its strong momentum

schedule 16 July 2024
Opr./edited by ANZ

Cushman & Wakefield has summarised the situation on the Polish retail market in Q2 2024. There were eight new retail completions with the development pipeline comprising app. 400,000 sqm. This indicates healthy supply levels amid unwavering occupier demand and strong retail sales, shopping centre footfall and turnover figures.

Investment & finance

Croatia S Immo gradually withdraws from Croatian office market

schedule 16 July 2024
Opr./edited by ANZ

S Immo has completed the sale of the HOTO Business Tower in Zagreb. The office building is located on the south-western edge of the central business district of the Croatian capital and comprises a total leasable area of around 15,500 sqm.

Warehouse & industrial

Poland Fully commercialised in Goleniów

schedule 15 July 2024
Opr./edited by JC

Panattoni has signed a lease contract for over 16,000 sqm in Panattoni Park Goleniów I with logistics operator Fiege. With this deal the entire 60,000 sqm park has been fully commercialised.

Residential

Poland Not only for students

schedule 15 July 2024
Opr./edited by JC

The Collegia Group is launching another investment in the Tricity. A complex that will combine the functions of a student house, hotel and service space will be built at Grunwaldzka Avenue in Gdańsk.

Warehouse & industrial

Romania Continental Tires got 20,000 sqm

schedule 15 July 2024
Opr./edited by JC

VGP has completed the eighth building of VGP Park Timisoara with the handover of the warehouse to Continental Tires Timisoara. The company will use about 20,000 sqm for its tyre storage operations.

Investment & finance

Romania Revetas has sold The Landmark

schedule 15 July 2024
Opr./edited by JC

Revetas Capital announces the disposal of the office park The Landmark in Bucharest to Vectr Holdings, through its subsidiary Vectr Realty. Developed in 2017, the complex offers 23,700 sqm of office space.

Office & mixed-use development

Romania TMF relocates to America House

schedule 15 July 2024
Opr./edited by JC

TMF Group has signed a lease agreement for 1,700 sqm of office space at America House, the office building in Bucharest's CBD.

Investment & finance

Poland Vis à Vis changes hands

schedule 15 July 2024
Opr./edited by JC

Precordia Capital and Septyma have become holders of 66 pct of shares in the convenience retail park Street Mall Vis à Vis Wilanów. They acquired the shares from Capital Park.

ESG

Poland Craft is truly Outstanding

schedule 12 July 2024
Opr./edited by JC

The Craft office building, developed by Ghelamco in Katowice, has obtained BREEAM certification with the rating of Outstanding.

Warehouse & industrial

Poland TPL Logistic grows in Błonie

schedule 11 July 2024
Opr./edited by JC

TPL Logistic has expanded its presence at P3 Błonie park by leasing nearly 3,700 sqm warehouse and office space. This addition increases their total occupied space in the park to 5,000 sqm across two warehouses.

Latest in Office & mixed-use development

schedule 15 July 2024

TMF relocates to America House

TMF Group has signed a lease agreement for 1,700 sqm of office space at America House, the office building in Bucharest's CBD.

schedule 09 July 2024

Full insurance at B4B

Bonarka for Business "B4B", office complex located in Kraków, has secured a new lease with ZUS (The Social Insurance Institution). The company has leased 2,400 sqm office space in building D.

schedule 03 July 2024

The New Danube House

CA Immo starts refurbishment of Danube House office building in Prague. It will be extensively renovated to high design standards that put people at the centre. Construction is set to begin in Q4 2024, and full operations will commence in Q1 2026.

schedule 20 June 2024

Natek Poland opens Wrocław office

IT and outsourcing supplier Natek has opened a new 600 sqm office in the Infinity building in Wrocław.

schedule 19 June 2024

TCS chooses Wola Center

A new tenant, an IT company Tata Consultancy Services, has moved into the Wola Center building in Warsaw. At the same time, the owner of the complex, Hines European Value Fund, extended its contract with FaktorOne.

schedule 18 June 2024

Two new tenants for America House

America House has added two financial services companies – VSR and Ebury – to its tenant mix. Together, they have leased a combined 1,500 sqm of office space.

schedule 14 June 2024

Colossyan moves into Academia

Colossyan, a startup developing an AI-based video generation platform, has signed a lease agreement for 1,000 sqm offices at Academia Offices in Budapest.

schedule 12 June 2024

Hanza Tower gets flexible

International Workplace Group, a global provider of hybrid working solutions with brands including Spaces and Regus, is opening a flexible workspace in Szczecin. It's the company's 30th location in Poland.

schedule 11 June 2024

Dot Park welcomes more technology

A new tenant of the Dot Park office complex is Webcon, a provider of business process automation systems and low-code technology. The company has leased 1,615 sqm of space in the building.

schedule 06 June 2024

Skyliner has a new tenant

Warsaw's Skyliner office building owned by Karimpol Polska will become the new headquarters of Process Solutions. The tenant will occupy approximately 1,000 sqm on the third floor and will move into the new office in early 2025.

schedule 06 June 2024

It's such a Puzzle

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schedule 24 May 2024

High tech in Skyliner

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schedule 23 May 2024

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Passerinvest Group symbolically launched the construction of the multifunctional Hila building in Brumlovka, Prague 4. Upon its completion in 2027, the building will provide a combination of approximately 20,500 sqm of offices for rent, 71 rental flats and retail spaces of 2000 sqm.

schedule 23 May 2024

Vitrum to be handed over in autumn 

Liget Center Vitrum, part of Wing Liget Center multi-building project developed by Wing in the centre of Budapest, is structurally complete. The new boutique office be completed in the autumn.

schedule 22 May 2024

Mercer isn't moving out

Global firm Mercer, part of the Marsh McLennan Group, has renegotiated its lease at the myhive Nimbus building and remains at 7,300 sqm.

schedule 21 May 2024

Batory I is fully let

ZST (Zintegrowane Systemy Techniczne) has increased the size of its head office in the Batory I office building. As a result of the expansion, the Warsaw office building owned and managed by Globalworth Poland is now fully leased. 

schedule 21 May 2024

Some Oxygen for IT company

LSI Software, a provider of IT systems that enhance operations and business management, has become a new tenant of the Oxygen Park office complex in Warsaw.

schedule 20 May 2024

Baskerville gets independent

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schedule 20 May 2024

House of Skills is staying at Bolero

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schedule 17 May 2024

UBC II will be modern again

Atenor, the Belgian developer responsible for the Lakeside development in Warsaw's Mokotów district, intends to renovate the neighbouring UBC II building. The project received planning permission in March this year.

Edition 7 (290) July 2024

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