Retail & leisure
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office property, The Arc. The investment will bring a ten-story, class A office building to the 6th District of Bucharest.
In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real estate industry at the moment. In addition, the expert survey focused on the effects of megatrends such as demographic developments, digitalisation and urbanisation.
According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated buildings made of wood, steel, concrete, or LECA generated revenue of nearly PLN 10 bln in 2022, with 47 pct of the figure contributed by sales in the modular building segment.
Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement projects in the energy and key industrial, infrastructural and military sectors across Poland.
Moscow city authorities have “asked” development and construction companies to enlist their workers to fight in the war in Ukraine in exchange for orders. One of these corporations is to provide the Russian defence ministry with 30 volunteers ready to be posted to the front by the end of August.
Skanska has been commissioned to construct a new building for Polish video game developer CD Projekt on its main campus in Warsaw’s Praga Północ district.
Viega has launched an interactive training centre near its headquarters in Attendorn. Over five floors, Viega World occupies a total of 12,000 sqm of space.
Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headquarters in Warsaw.
Erbud has been awarded a PLN 29.8 mln contract to modernise the Rector’s Office of the Medical University of Warsaw (WUM).
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.
Polish industrial developer MDC2 has chosen Rex-Bud Budownictwo to be the general contractor for MDC2 Park Gliwice in Upper Silesia.
Yareal has commissioned FineTech Construction to be the general contractor responsible for completing the final stages of its Lixa office complex in Warsaw.
Prices for building materials in Poland increased by close to 30 pct over the last twelve months according to Savills.
Erbud is to reconstruct the Nabrzeże Szyprów shore in Gdańsk for PLN 28.5 mln.
Hochtief Polska has completed construction work on an educational building for the University of Warsaw on ul. Dobra for the department of applied linguistics.
International investor Cain International and its local development partner, White Star Real Estate, have secured a EUR 36 mln loan from PKO BP to complete the development of The Park Kraków.
Polish construction firm Erbud has merged its subsidiary Mod21 with German wooden modular buildings specialist GWI to establish a new company, also called Mod21.
Erbud has been awarded a PLN 298.4 mln contract to build a distribution centre for discount retailer Lidl near Błonie, west of Warsaw.
Erbud has announced a PLN 52.8 mln contract with Polish Export Trade & Investment to build three residential buildings in Warsaw’s Praga-Południe district.
Skanska has announced a strategic partnership with concrete supplier Holcim Romania to help it reach carbon neutrality by 2045.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
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 ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
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 ...
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 ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
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 ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Transporeon, an international logistics company, has extended its lease agreement at Porto Office A building in Kraków, where it occupies over 1,900 ...
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 ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
The 30-ha revitalised site formerly occupied by the Silesia Metallurgical Plant will become home to a modern mixed-use district Nowy Wełnowiec with pr ...
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 ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
Panattoni will begin construction of a new park in the Silesian voivodship - Panattoni Park Sosnowiec V. The investment will ultimately comprise two b ...
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Poland's commercial real estate sector faces a major challenge in meeting the ambitious targets set by the updated EPBD. From costly retrofits to regulatory uncertainty, investors ...
How will the new Planning Act change the property market?
How will the new Planning Act change the property market?
Axi Immo
With the entry into force of the new Planning Act, enacted on 24 September 2023, the Polish real estate market is facing significant changes that could affect the way developers, i ...
Expo 2024 brings reasons for optimism
Expo 2024 brings reasons for optimism
Walter Herz
The ongoing Expo Real 2024 in Munich is characterized by moderately optimistic sentiments. Participants hope that 2025 will bring results comparable to the best years in the invest ...