PL

Poland in the spotlight or at the crossroads?

Events
POLAND Poland is an attractive investment destination with a central continental location with high standards of production. How is the real estate market to develop while GDP, consumption and industrial production are all rising and how is the warehouse and logistics market to develop now that Poland is part of the New Silk Road?

These were some of the questions addressed by the first panel of the 4th Invested Interest - Investment Market Conference organised by Eurobuild Conferences, which was devoted to Poland's position in the international investment arena. “Our geographical location adds to our attractiveness for investors and so does the size of our market and our rapid economic growth. We are also lucky in as much as we started late, so production in Poland is better thought-through. As a result our properties are of high quality. We can see particularly quick growth in the hotel sector, which so far has been suffering from limited supply. The logistics market is also growing quickly. We are not behind in terms of more traditional assets such as offices, shopping centres and logistic centres. Furthermore, we are also expecting another record year, and investment in Polish real estate should be in excess of EUR 5 bln,” claimed Piotr Piasecki, the head of corporate finance at JLL. According to Przemysław Kucharski, an attorney and a managing partner at Kucharski & Partners, who moderated the panel, the logistic market is going through a golden age. “It is hard to disagree with this claim. We see that the prospects are good not only here in Poland but also in the other countries we are present in. However, Poland has very solid economic foundations for sustained growth – because of its location and the overall health of its economy. This also attracts investors who are start to expand into Poland from the logistics sector,” argues Karina Trojańska, the chief operating and financial officer in Poland at Panattoni Europe.

“How is the development of the New Silk Road changing the situation in Poland and the region?” asked Przemysław Kucharski.

“This is a spectacular project which will connect 65 countries with 65 pct of the population of the globe with a 30-40 pct share of global GDP. This is creating a number of indirect opportunities for Poland, such as improving transport infrastructure and new retail opportunities. We could also benefit directly from it. – The New Central Polish Airport is talked of as a part of the project,” points out Piotr Klapkowski, the China desk leader at Savills Polska.

“Poland is a very interesting market. We have a lot of institutional investors supporting us, who care about reliable returns and value predictability. Poland is also attractive to companies investing in real estate, so the competition to buy the best buildings is very intense and you have to work hard to win them. There is of course the question of the political situation – which you have to keep an eye on but the first thing to focus on is the fundamentals,” claims Jarosław Wnuk, of Bluehouse Capital. “The rapid growth of the market is encouraging developers to begin new projects and one of the main drivers is the office market. What prospects does this segment have?” asked the moderator.

“The market is changing fast and we are trying to keep up. We have 300,000 sqm in seven developments. We operate mainly on regional markets but we’re also in Warsaw. We are planning to invest more in these locations but we’re not just limiting ourselves to Poland. We’re also looking at London and Berlin,” stated Monika Rogucka, the Warsaw director of commercialisation at Cavatina.

Latest news

Warehouse & industrial

POLAND DTA (almost) doubles up with MLP in Pruszków

schedule 27 September 2022
Opr./edited by NN

Contract logistics, customs and shipment specialist DTA Group is to almost double the space it leases from MLP in Pruszków on the western outskirts of Warsaw to almost 7,000 sqm.

Warehouse & industrial

POLAND Four still fine in P3 Poznań

schedule 27 September 2022
Opr./edited by NN

Westwing, PF Logo Express, CEVA Logistics, and British American Tobacco have all decided to extend leases in the P3 Poznań logistics park – a combined area of 94,400 sqm.

Retail & leisure

POLAND Stop Shop comes to Zielona Góra

schedule 27 September 2022
Opr./edited by NN

Immofinanz has opened its eleventh Stop Shop strip mall in Poland – in Zielona Góra.

Warehouse & industrial

POLAND Panattoni to build Reynaers plant near Grodzisk

schedule 27 September 2022
Opr./edited by NN

Panattoni is developing a 29,000 sqm plant for Belgian manufacturer Reynaers Aluminium in Żaba Wola near Grodzisk Mazowiecki.

Office & mixed-use development

POLAND Liebrecht & Wood to revitalise Praga again

schedule 26 September 2022
Nathan North
deputy editor

Liebrecht & Wood has started preparing its latest project in Warsaw’s Praga-Północ district – Drucianka Campus, which will involve the revitalisation of the Drucianka wire, pin and nail factory.

Retail & leisure

ROMANIA Scallier polishes off Turda park

schedule 26 September 2022
Opr./edited by NN

Polish developer Scallier has opened a retail park with a leasable area of 9,000 sqm in Turda in northern Romania – the fourth location for the company in the country.

Warehouse & industrial

CZECH REPUBLIC Panattoni completes huge Moravian Amazon centre

schedule 26 September 2022
Nathan North
deputy editor

Panattoni has handed over a 187,000 sqm fulfilment centre to Amazon in Kojetín (Olomouc region) in Moravia.

Office & mixed-use development

POLAND Lawyers lease more in North Gate

schedule 23 September 2022
Opr./edited by NN

Law firm JDP is increasing the area of its offices in the North Gate building in Warsaw to around 1,600 sqm.

Warehouse & industrial

POLAND Panattoni puts the lid on fifth Zalando centre

schedule 23 September 2022
Opr./edited by NN

The roofing ceremony has taken place for online fashion retailer Zalando’s 140,000 sqm fulfilment centre in Bydgoszcz., which is being developed by Panattoni.

Green projects

POLAND Well renewal for Spark C

schedule 23 September 2022
Opr./edited by NN

The fifth floor of the Spark C building in Warsaw, which houses the head office of the Skanska’s commercial development business unit in the CEE region, has just been obtained a renewal of its Well Commercial Interior certificate. This is the first such recertification in Poland and the CEE region, and the second in Europe.

Eurobuild Awards

Poland The Eurobuild Gala is almost upon us!

schedule 23 September 2022
Eurobuild CEE

The Eurobuild Awards 2022 Gala is almost upon us! Almost 900 people will be present at the largest celebration of the year of the real estate market. They will all be crossng the threshold of the Double Tree by Hilton hotel ballroom on Tuesday, September 27th.

Warehouse & industrial

POLAND More pet love from Fera in Prologis Wrocław

schedule 22 September 2022
Opr./edited by NN

Online pet store Fera.pl has renewed and expanded its lease to 9,100 sqm of warehouse and office space in Prologis Park Wrocław.

Investment & finance

ROMANIA Iulius granted biggest ever real estate loan

schedule 22 September 2022
Nathan North
deputy editor

Romanian developer Iulius has obtained a EUR 410 mln real estate loan – the largest ever granted in the country’s history.

Warehouse & industrial

POLAND Uniq doubling of space in MLP parks

schedule 22 September 2022
Opr./edited by NN

Polish logistics operator Uniq Logistic has signed leases for 20,500 sqm of additional space in MLP Pruszków II and MLP Łódź, bringing the total area it occupies in the two parks up to almost 44,000 sqm.

Investment & finance

POLAND Generali buys MDC2 Kraków South

schedule 21 September 2022
Nathan North
deputy editor

Italian investor Generali Real Estate has completed the acquisition of MDC2 Park Kraków South, which has a planned area of more than 90,000 sqm gla, for an undisclosed sum.

Investment & finance

CENTRAL EUROPE S Immo to sell to reinvest in CPI offices in Hungary

schedule 21 September 2022
Nathan North
deputy editor

S Immo has announced details of the change in its strategy following its recent takeover by CPI Property Group. This will involve the sell-off of its German residential properties.

Warehouse & industrial

POLAND Work begins on Hager plant in Bieruń

schedule 21 September 2022
Opr./edited by NN

Panattoni has begun the construction work on a 21,000 sqm production plant in Bieruń for Hager Group, a German manufacturer of electrical products for industry and real estate.

Warehouse & industrial

HUNGARY Wing adds to Airport City Business Park

schedule 21 September 2022
Opr./edited by NN

Hungarian developer Wing has completed the 6,000 sqm hall ‘I’ at Airport City Business Park, close to Budapest’s Liszt Ferenc Airport.

Retail & leisure

CEE REGION Immofinanz acquires CPI retail portfolio for EUR 324 mln

schedule 20 September 2022
Nathan North
deputy editor

Immofinanz has acquired 53 retail properties with app. 217,000 sqm of leasable space in the Czech Republic, Poland, Slovakia and Hungary from its majority shareholder CPI Property Group for EUR 324.2 mln.

Office & mixed-use development

SERBIA Tenderly touched by GTC X

schedule 20 September 2022
Opr./edited by NN

Serbian software company Tenderly has pre-leased 3,400 sqm of office space in the GTC X building in Belgrade, which is due to come into use in Q3 2022.

Latest in Events

schedule 09 August 2022

The tournament where everyone was a winner

JLL’s 11th Real Estate Charity Beach Volleyball Tournament brought together 54 teams and around 2,500 guests, while more than PLN 750,000 was raised in the charity auction for the Polish Humanitarian Action and Women's Rights Centre Foundation.

schedule 01 July 2022

On the beach again

After a two-year break, the JLL Charity Beach Volleyball Tournament of the Real Estate Industry returns. The 11th edition of the event will take place on August 4th, at the Monta Beach Volley Club in Warsaw. Eurobuild is the media patron of the event.

schedule 21 June 2022

Last call for nominations and jury members!

The deadline for submitting nominations and applying to sit on the jury of the 12th Eurobuild CEE Awards falls on June 30th! Don't miss the opportunity to play your part in "the awards from the market to the market"!

schedule 15 June 2022

Savills opens in Gdańsk

Savills has opened an office in the TriCity headed by Piotr Skuza.

schedule 10 June 2022

(Dry) suits on bikes once again!

The thunderstorms and downpours that had been forecasted didn't manage to scare off those taking part in the 6th Suits on Bikes ride. Almost a hundred people, including the deputy ambassador of the Kingdom of the Netherlands, rode together through the streets of Warsaw under the supervision of guides from Zielone Mazowsze.

schedule 10 June 2022

Ask Mateusz about offices

How the office market will cope over the next few months, in such times of turmoil and uncertainty, will be answered at the 13th Eurobuild Office Conference by Mateusz Polkowski - a senior director and the head of Research and Consultancy – Poland & CEE at JLL. His presentation based on the latest unpublished data!

schedule 09 June 2022

Suits on bikes again!

Today at 5 pm, we will meet up for the sixth time for a cycle ride along the streets of the capital city. Yes, it's time for Suits on Bikes once again! Don’t worry about bad weather – Eurobuild and its partners have found a sunny weather window for you!

schedule 31 May 2022

Off to a good start at MyHive Warsaw Spire!

We're pleased to announce that the oldest senior partner of our 'Suits on Bikes' ride, Immofinanz, has decided to support our project for the sixth time! Thank you!

schedule 30 May 2022

Strak in pak op de fiets!

The Embassy of the Kingdom of the Netherlands is to be the honorary patron of the 'Suits on Bicycles' ride! And the deputy ambassador himself will be pedalling along with us and taking part in the discussion at the end of the ride.

schedule 19 May 2022

Rondo 1 Run Up to be held for the tenth time

On 21 May 2022, over 500 runners will take part in the tenth Rondo 1 Run Up in Warsaw.

schedule 11 May 2022

Shining stars on the court – and off it

It is once again our great pleasure to invite you to the Warszawianka Tennis Club in Warsaw for the 17th Annual Eurobuild CEE Tennis Tournament for the real estate market, which takes place on Friday, May 27th. But hurry – the invitation list is almost complete!

schedule 04 May 2022

Your employees at the Eurobuild Golf Academy

Are you thinking of a new team building event for your workers? Perhaps you want to reward your team for the success of their last project? We shall be waiting for them at the Golf Academy, which is to take place on May 27th at 12:00 at the First Warsaw Golf course in Rajszew.

schedule 26 April 2022

We’re getting on our bikes again!

On Thursday, June 9th, for the sixth time, those working in Warsaw office buildings will meet up for a cycle ride together along the streets of the capital city. Yes, it will soon be time for Suits on Bikes once again!

schedule 20 April 2022

Game, set and match (with APP-Projekt)

APP-Projekt has become the main sponsor of the Eurobuild CEE Annual Tennis Tournament once again. Together, we are inviting tennis fans from the real estate and construction sectors to participate in the 17th edition of this unique event.

schedule 13 April 2022

Panattoni back on the greens!

We are delighted to announce that Panattoni will once again be the Main Sponsor of this year's 21st EurobuildCEE Annual Golf Tournament! So, everyone is invited to the Rajszew golf club on May 27th!

schedule 29 March 2022

Race to the top of Rondo 1 for the 10th time!

On May 21st, the best tower runners from Poland and Europe will once again converge on Warsaw for the Rondo 1 Tower Run, after a two-year break due to the pandemic. This will be the 10th meeting of the event, which has European Championship status, and as usual the funds raised will go to support the SOS Children's Villages charity in Poland.

schedule 18 March 2022

And the MIPIM Awards winners are...

Two statuettes each at this year's MIPIM Awards went to Italy, France and Denmark, while the accolades in the remaining categories were shared by architects from Belgium, Switzerland, Turkey, Sweden, the UK and China. The only winner from the CEE region was the House of Music project in Budapest, which received a special jury award.

schedule 08 March 2022

Warsaw Brewery and House of Music up for MIPIM Awards

Four projects in the CEE region have been shortlisted for the MIPIM Awards 2022 – Browary Warszawskie in Warsaw, House of Music in Budapest, Cukrarna Gallery in Ljubljana and Paupys in Vilnius.

schedule 02 March 2022

Let's go to the border!

A convoy of private vehicles carrying humanitarian aid is to leave for the Ukrainian border from the headquarters of Eurobuild this Sunday, and will pick up refugees on the way back. Starting tomorrow, you can leave any item you wish to donate in the Wola Retro complex in Warsaw.

schedule 28 February 2022

No Russian pavilion at MIPIM

Our unofficial information has been confirmed – Russian citizens and companies will not take part in this year's MIPIM fair, which begins in two weeks in Cannes, France.

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