Construction work has started on Panattoni Park Grudziądz in Poland’s northern Kujawsko-Pomerania region. The park will comprise almost 70,000 sqm of warehouse and industrial space.
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.
Unibail-Rodamco-Westfield (URW) has announced the rebranding of three of its flagship malls, including Galeria Mokotów in Warsaw, which will now become Westfield shopping centres.
A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.
On 21 May 2022, over 500 runners will take part in the tenth Rondo 1 Run Up in Warsaw.
The Alpha building of the Airport City Gdańsk project has been opened.
Polski Holding Nieruchomości has been granted an occupancy permit for its Intraco Prime building at ul. Stawki 2B in Warsaw.
Home & deco retailer Elegance Décor has leased around 400 sqm in the first phase of the Equilibrium office complex being developed by Skanska in the Barbu Văcărescu-Floreasca area of Bucharest.
Prologis is to begin two new speculative developments in its park in D1 Ostředek park on Prague’s southeastern outskirts following the purchase of sites for the projects.
A BREEAM ‘Excellent’ certificate has been awarded to DHL Supply Chain’s distribution centre developed by Panattoni in Żerniki near Poznań – the developer’s second such certificate at this level this year and the fourth to be issued in Poland for an industrial facility.
Ghelamco has launched the construction of its own photovoltaic farms, with which the developer intends to energy neutrality for its Polish buildings by 2024.
Danish logistics giant Maersk has leased 18,500 sqm of warehousing with offices in 7R Park Łódź East I.
Call centre specialist Majorel Polska has extended its lease and taken up an additional 400 sqm in the recently refurbished Globis Poznań building, which is owned by Globe Trade Centre.
Israeli-owned drugstore chain Super-Pharm has extended its tenancy and expanded its area by another 12,600 sqm of warehouse space in Prologis Park Teresin, about 50 km west of central Warsaw.
Immofinanz has just leased the last free unit in its Hungarian Stop Shop portfolio of retail parks, bringing its occupancy up to 100 pct.
The second stage of the University of Warsaw’s Dobra 55 building has been completed. The scientific and didactic building is the largest investment in the university’s long-term development programme, whose budget amounts to app. PLN 1 bln.
Polish freight forwarding specialist Langowski Logistics has leased 7,500 sqm of additional warehouse space in Panattoni Park Pruszków II, on Warsaw’s western outskirts.
NEPI Rockcastle Poland has extended its office lease agreement and enlarged its premises in the Cosmopolitan Twarda 4 building in Warsaw city centre.
Polish courier and parcel locker operator InPost has leased 8,300 sqm of office space for its new headquarters in the Ocean Office Park complex in Kraków.
Boeing Distribution Services (BDSI) has leased a 3,000 sqm building in Panattoni Park Rzeszów Airport III in Poland’s ‘Aviation Valley’, in the southeast of the country.
Polish industrial developer 7R has finalised the sale of a portfolio of projects across Poland to its Czech counterpart CTP Group. The portfolio includes sites with projects in both the development and pre-development phases. Around 1.2 mln sqm gla could potentially be developed on the acquired sites.
Austrian real estate investor S Immo and its Czech counterpart CPI Property Group have reached an agreement on the latter’s intended takeover of S Immo, involving the removal of the voting cap required by CPI to launch a mandatory offer.
Paris-based asset manager Paref Gestion, on behalf of its SCPI Interpierre Europe Centrale fund, has acquired the Browar Lubicz office complex in Kraków from Balmoral Properties for an undisclosed sum.
Skanska has sold the Nowy Rynek D office building in Poznań to Swedish real estate company Eastnine AB for EUR 120.6 mln.
Around EUR 898 mln worth of investments were traded in the Czech Republic in Q1 2022, demonstrating a 210 pct year-on-year increase according to the latest research by Savills.
Despite the war in Ukraine, inflation uncertainty, increasing construction costs, and fast-changing interest rates, the real estate market has nevertheless proven resilient, with several large transactions in the first quarter of 2022, states Cushman & Wakefield.
Apsys has announced that funds managed by Apollo, as part of its European Principal Finance business, have agreed to subscribe to undated subordinated notes for EUR150 mln.
OTP Bank Romania has granted an EUR 8 mln loan to Polish developer Scallier to finance the construction of the Funshop retail park in Romania.
Czech industrial developer has acquired an 80.9 pct stake in Deutsche Industrie Grundbesitz.
Despite Russia’s invasion of Ukraine, investor interest in commercial real estate across the EMEA region continued to recover in Q1 from the pandemic, with many investors seeing property as a hedge against rising inflation, claims Colliers in its latest ‘Capital Markets Q1 2022 Snapshot’ report.
Pradera has obtained a EUR 360 mln senior loan facility from Aareal Bank to refinance its pan-European retail park investment vehicle.
Viennese real estate company S Immo has received a request from shareholder Prague-based CPI Property Group, to convene an extraordinary shareholders’ meeting, the motion of which is to remove S Immo’s 15 pct maximum voting rights ceiling and thus allow CPI to proceed with a takeover bid.
Austrian real estate company S Immo has acquired the Expo Business Park office complex in Bucharest from Portland Trust, Bluehouse Capital and Ares Management for an undisclosed sum.
The European Bank for Reconstruction and Development (EBRD) has entered into a joint investment with Adventum related to the recent acquisition of Sky Tower in Wrocław and a chain of 18 retail parks anchored by Tesco in Hungary and the Czech Republic, along with potential future investments in Slovakia and other CEE markets.
REICO ČS Long Lease fund has acquired BWI’s R&D centre in Kraków’s Balice district from Polish industrial developer 7R and US investor InSite Real Estate for EUR 27.3 mln.
KS Holding has completed the sale of two Kesko-Senukai DIY stores in Vilnius in Lithuania and Daugavpils in Latvia to Finnish investment fund Titanium Baltic Real Estate.
The Wood & Company Real Estate Fund is to enter the Polish market with the acquisition of Astrum Business Park in Warsaw from Prochem and the LFI 1 FIZAN investment fund for an undisclosed sum.
Globalworth has announced the signing of a strategic partnership with CATTED to develop light industrial and warehouse space.
Echo Investment has reported a net profit of PLN 189 mln for 2021. This is mainly due to 1,622 apartment handovers by Echo and a further 1,128 by its Wrocław subsidiary Archicom, as well as an increase in the value of its office properties and a stronger performance by the Libero shopping centre.
Private equity company RSBC has announced that it has completed the acquisition of Building E of the BB Centrum complex in Michle (Prague 4) from CPI Property Group for an undisclosed sum.
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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.
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On 21 May 2022, over 500 runners will take part in the tenth Rondo 1 Run Up in Warsaw.
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A BREEAM ‘Excellent’ certificate has been awarded to DHL Supply Chain’s distribution centre developed by Panattoni in Żerniki near Poznań – the develo ...
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A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.
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Polish industrial developer 7R has finalised the sale of a portfolio of projects across Poland to its Czech counterpart CTP Group. The portfolio inclu ...
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The Alpha building of the Airport City Gdańsk project has been opened.
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The second stage of the University of Warsaw’s Dobra 55 building has been completed. The scientific and didactic building is the largest investment in ...
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Unibail-Rodamco-Westfield (URW) has announced the rebranding of three of its flagship malls, including Galeria Mokotów in Warsaw, which will now becom ...
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Construction work has started on Panattoni Park Grudziądz in Poland’s northern Kujawsko-Pomerania region. The park will comprise almost 70,000 sqm of ...