PL

Cromwell goes with CBRE

Property and Facility Management
POLAND CBRE has taken over the management of six buildings owned by Cromwell. The properties include four buildings in Warsaw, namely Riverside Park, Prosta Office Center, Trinity Park II and Trinity Park III, as well as Arkońska Business Park in Gdańsk.
The portfolio has a combined gla of 120,000 sqm. “This year began very well for our asset services department. At the beginning of January we took over the property management of two office buildings with a total of 85,000 sqm gla, and in March another six buildings from Cromwell,” says Piotr Karpiński, the head of asset services at CBRE. As a result CBRE now has a 1.4 mln sqm gla portfolio under management. This includes shopping centres, retail parks, office buildings, warehouses and logistic centres. CBRE will also be responsible for the commercialisation of the Szucha Premium Offices complex at the junction of al. Szucha and ul. Litewska in Warsaw. The property owned by Green Property Group (GPG) comprises 6,500 sqm of office space on seven storeys. It also includes conference rooms, service areas and restaurants, as well as a three-level underground car park and three cascading terraces with a total area of 1,200 sqm. Future tenants will also have access to a 1,300 sqm garden.

Latest news

Retail & leisure

Poland Jubilee M Park opens in Pionki

schedule 29 November 2024
Opr./edited by ANZ

LCP Properties, part of the international M Core group, has officially opened M Park Pionki, the 50th retail park under the M Park brand in Poland. It is also the thirteenth M Park in the Mazovia region. 

Retail & leisure

Poland Antczak Group to build retail and service complex

schedule 29 November 2024
Opr./edited by ANZ

A service and retail complex Panorama Park II is being built in Kościelna Wieś. At the end of November, the foundation stone ceremony for the building took place.

Residential

Poland Capital Park Group launches landmark development in Katowice

schedule 29 November 2024
Opr./edited by ANZ

The 30-ha revitalised site formerly occupied by the Silesia Metallurgical Plant will become home to a modern mixed-use district Nowy Wełnowiec with predominantly residential functions. Nearly a third of the area will be dedicated to open green spaces. The Capital Park Group is responsible for the implementation and management of the project. 

Warehouse & industrial

Poland Panattoni builds for Hebe

schedule 28 November 2024
Opr./edited by ANZ

Panattoni will begin construction of a new park in the Silesian voivodship - Panattoni Park Sosnowiec V. The investment will ultimately comprise two buildings with a total space of over 52,000 sqm. The first tenant is Hebe, for which a BTS distribution centre will be prepared within the facility.

Warehouse & industrial

Hungary CTP hands over Tesco’s new 100,000 sqm logistics centre

schedule 28 November 2024
Opr./edited by ANZ

CTP has handed over a new 100,000 sqm logistics centre in Hungary to Tesco. Built as part of a greenfield investment spanning 60 ha near Szigetszentmiklós, the state-of-the-art facility aims to enhance Tesco’s efficiency in serving Hungarian customers and optimise transportation logistics. The centre will fully serve Tesco stores nationwide starting in March 2025.

Investment & finance

Polska React will change hands

schedule 27 November 2024
Opr./edited by JC

Echo Investment signed a conditional sale agreement for React, the office building in Łódź. Upon conclusion of the deal, the asset will be acquired by Summus Capital, an Estonian-based investment company.

Office & mixed-use development

Poland Transporeon stays at Porto

schedule 27 November 2024
Opr./edited by JC

Transporeon, an international logistics company, has extended its lease agreement at Porto Office A building in Kraków, where it occupies over 1,900 sqm.

Eurobuild Awards

Poland/CEE Great winners of the Eurobuild Awards 2024!

schedule 27 November 2024
Eurobuild CEE

Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's winners. Congratulations to all on their well-deserved awards! 

Investment & finance

Germany ECE sells logistics centre in Hamburg-Billbrook

schedule 26 November 2024
Opr./edited by ANZ

The purchaser of the recently completed logistics property which was planned, developed and realised by ECE Work & Live is a German investor, represented by Savills Investment Management. 

Warehouse & industrial

Germany CTP signs deals totalling 30,000 sqm in Germany

schedule 26 November 2024
Opr./edited by ANZ

CTP has signed new leases with two logistics businesses on almost 30,000 sqm of space across CTPark Bremen and CTPark Oschersleben in Germany.

Warehouse & industrial

Poland P3 builds warehouse for ochama

schedule 26 November 2024
Opr./edited by ANZ

P3 Logistic Parks has started at P3 Poznań park the construction of a warehouse with a total area of nearly 27,000 sq m for ochama, a European omni-channel brand owned by Chinese retailer JD.com.

Investment & finance

Poland Ghelamco sells Warsaw Unit!

schedule 26 November 2024
Opr./edited by ANZ

Ghelamco has sold its flagship development in downtown Warsaw – the Warsaw Unit skyscraper at Rondo Daszyńskiego. It was acquired by the Swedish real estate company Eastnine AB listed on the Nasdaq Stockholm. This is the largest office market transaction that has been concluded in Europe this year.

Warehouse & industrial

Poland Leasing activity remains stable

schedule 25 November 2024
Opr./edited by ANZ

The Polish industrial and logistics market demonstrated resilience in the first three quarters of 2024. During this period, 2.1 mln sqm of new warehouse space was delivered, expanding the sector’s total stock to nearly 34 mln sqm (+9 pct Y/Y). 

Office & mixed-use development

Poland New centre of Gdynia

schedule 25 November 2024
Opr./edited by ANZ

Vastint has completed the II stage of the Gdynia Waterfront development. A modern multifunctional complex is being built in the heart of the city, next to Skwer Kościuszki. Ultimately, the scheme will offer 75,500 sqm of space.

Warehouse & industrial

Poland Poland secures a podium finish

schedule 25 November 2024
Opr./edited by JC

According to Cushman & Wakefield, Poland recorded the second-highest industrial take-up in Europe between January and September 2024. Looking ahead, robust demand, coupled with a decline in speculative construction, is likely to tighten the availability of warehouse space for lease.

Warehouse & industrial

Czech Republic New logistics hub near Prague

schedule 22 November 2024
Opr./edited by JC

7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the D8 highway, which serves the Greater Prague area.

Retail & leisure

Poland One in seven square metres of retail space to be built in Poland

schedule 21 November 2024
Opr./edited by ANZ

According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Europe in terms of new retail supply, surpassed only by France. 

Office & mixed-use development

Poland MCP moves into Korona Office Complex

schedule 21 November 2024
Opr./edited by ANZ

The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occupy an area of over 3,000 sqm.

Retail & leisure

Poland Polish retail market performs well

schedule 21 November 2024
Opr./edited by ANZ

According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline of shopping centres in Poland have proven premature. In Q3 2024, the Polish retail market expanded by another 116,000 sqm. 

Hotels

Serbia Luxury stay in Belgrade

schedule 20 November 2024
Opr./edited by ANZ

The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade Tower (Kula Beograd), built at the meeting point of the Sava and Danube rivers.

Latest in Property and Facility Management

schedule 30 October 2024

Studio B under new management

Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate.

schedule 28 August 2024

Cushman feels the Vibe

Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw market.

schedule 24 June 2024

CBRE will rule in Skyliner II

Karimpol Polska is expanding its cooperation with CBRE. Starting in June 2024, the consultancy will be acting as the exclusive letting agent of Skyliner II office project.

schedule 19 June 2024

Cushman & Wakefield to manage the entire portfolio

Cushman & Wakefield has been appointed as property manager for the VIG Fund’s three office buildings in Warsaw. The company will manage the fund’s entire Polish real estate portfolio of more than 47,000 sqm.

schedule 24 April 2024

EPP takes over the management of the M1 and Power Parks

EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's employees, including local property management teams will join EPP.

schedule 26 March 2024

Joint venture management for Romanian portfolio

M Core announces the launch of ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new management platform for the M Core portfolio of 25 retail parks across Romania.

schedule 25 March 2024

Cushman rules at Expo Business Park

The Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, located in the Expozitiei area of Bucharest. As a result, the portfolio managed by the company’s asset services department reached almost 500,000 sqm.

schedule 03 January 2024

CBRE to manage Stop Shops in Serbia

CPI Property Group has appointed CBRE as manager of its Serbian Stop Shop retail park portfolio. It comprises 14 retail parks in 14 cities and more than 120,000 sqm of leasable area.

schedule 14 December 2023

Savills to look after Lakeside 

Savills will become the manager of the Lakeside office building. The complex is currently the largest development being built outside the central part of the capital. Atenor is responsible for its development.

schedule 13 September 2023

Savills to manage Okam City

Savills is to manage Okam's F.S.O Park development in Warsaw's Żerań district, covering the operation of the existing warehouse and office space.

schedule 24 July 2023

Tattersall Lorenz chosen by Schroder

Tattersall Lorenz has been appointed property manager of Schroder portfolio with a lettable area of over 230,000 sqm. The firm will also provide support for letting management and an ESG service contract for the properties.

schedule 02 May 2023

Offices and logistics most shielded from energy shocks

According to Savills latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.

schedule 15 March 2023

Tattersall Lorenz to manage the Sony Center

Tattersall Lorenz has been chosen by Oxford Properties and Norges Bank Investment Management (NBIM) to undertake the technical and commercial property management as well as accounting of the Sony Center at Potsdamer Platz in Berlin.

schedule 02 March 2023

200 residential units under Talyo’s management

Talyo Property Services commenced the property management of the 'roomments.apartmenthouse' in Stuttgart. The cooperation started last month and covers commercial and technical property management as well as letting and warranty management of the property completed in 2019.

schedule 15 February 2023

Tattersall Lorenz’s first mandate from GLP Germany

Tattersall Lorenz will take over both the technical and commercial property management for a GLP Germany portfolio of 46 properties commencing April 1, 2023.

schedule 13 February 2023

Cushman & Wakefield manages for Adventum

Cushman & Wakefield has taken over the management of a portfolio of three shopping centres and one retail park acquired from Tesco last year by the Hungarian Adventum Group.

schedule 03 February 2023

Atrium Flora managed by Cushman & Wakefield 

Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.

schedule 30 January 2023

Face to face with Savills

Business Campus, an office complex in Katowice with a combined area of close to 50,000 sqm, has a new property manager. Its owner, a joint venture of the Czech fund INVESTIKA realitní fond and Luxembourg-based private equity investor Bud Holdings, has entrusted real estate advisory firm Savills to provide property management for the complex.

schedule 08 December 2022

Colliers selected as PM for Łużycka offices

Colliers has been appointed property manager of four buildings of Łużycka Office Park and also of Łużycka Plus in Gdynia, which were recently acquired by a joint venture between Czech-based Investika realitní fond and Luxembourg-registered Bud Holdings.

schedule 07 December 2022

MVGM stays on as PM for Pro Portfolio

MVGM has signed an extension to its property management contract for the retail and service space in five office buildings in Poland owned by PineBridge Benson Elliot and Sharow Capital.

Edition 11 (293) November 2024

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