In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and rising occupancy costs. The expected decline in new supply and shrinking land availability are likely to result in a supply gap in the space of the next year or so, says real estate advisory firm Savills.
Reka Rubber Polska, manufacturer of rubber products, will double its lease at MLP Poznań West to close to 4,000 sqm. The company is expected to move into the new facility in the second quarter of 2023.
Czech warehouse developer CTP has entered Poland’s Pomerania region, where it will soon be launching the construction of the 119,000 sqm CTPark Gdańsk Port.
Owned by the Capital Park Group, the Warsaw mixed use complex Norblin Factory has received the final BREEAM certificates for both its office and retail sections. A photovoltaic system has been installed in the complex, and the managers are continuing their efforts to steadily reduce the property’s carbon footprint.
Panattoni has started the construction of Panattoni Park Lublin IV. The two-building complex with 53,900 sqm should be completed later this year.
Lighting company Wojnarowscy has renewed a lease agreement for 3,870 sqm of warehouse and office space in Panattoni Park Sosnowiec II.
Garbe has acquired a plot of land of around 100,000 sqm in Kabelsketal (Saxony-Anhalt, Germany). A logistics property with a total area of approx. 61,500 sqm is planned on the site. Garbe is investing around 76 mln euros in the project. Construction is scheduled to start in October.
Textorial Park office campus in Łódź welcomed a new tenant. .mdd, manufacturer of office furniture has leased 317 sqm in the historic Building A. The space occupied by .mdd comprises the company’s offices and a showroom.
Panattoni has started the development of 25,000 sqm of speculative space on ul. Dostawcza in Łódź. It is to be a brownfield development built on the site of a former gas bottling plant.
Real Management has announced funding for construction of the first stage of the Neo Natolin housing estate. The company has received funding of PLN 125 mln for the residential project which is being developed in Warsaw’s Wilanów district, at ul. Stefana Korbońskiego.
Marriott International, announced it has signed an agreement with Rua Al Madinah Holding Company to open eight hotels in the Holy City of Madinah in Saudi Arabia.
Jysk, which took up around 1,300 sqm, and Piekarnia Cukiernia Grzybki bakery (around 170 sqm) are new tenants at the Glinianka retail park. The park is being built in the village of Łubna, near Warsaw, and will provide the Mazovian market with around 10,000 sqm of leasable space.
Intive global tech company has let 62 workstations in the flexible Myhive offices belonging to CPI Property Group.
A huge bombshell for the finale of the Cannes podcast – as many as FIVE of the top experts in the last episode of the series! Some famous names and also some less well-known to us are now poised to enter the Polish market! And you can listen to them here!
The Vibe office building in Warsaw is now taking shape, with the completion of its underground structure.
2022 was a successful year for the property developer CTP. The company, operating in 10 European countries, has successfully managed to deal with the impact of global events on the European market. In 2022, the portfolio area in the Czech Republic was expanded by 300,000 sqm, bringing the total area to 3.8 mln sqm. Rental income increased by 13 pct year-on-year to EUR 230.3 mln. At present, CTP is the largest player in the Czech industrial-logistics property market with a 28 pct share.
Lorand and Zsuzsanna Szarvadi, the owners of the Balvanyos Resort & Spa in Covasna, acquired the K+K Elisabeta hotel located in the Bucharest city centre, and they will relaunch it under the newly established Peakture hotel brand.
According to the latest Avison Young report, at the end of 2022, there were over 9.4 thousand units in the pool of apartments for institutional rent in Poland, and another 13 thousand flats were under construction. The prolonging conflict in Ukraine and the significantly reduced credit scores increase the demand for renting apartments and thus, affect the development of the PRS market in Poland.
CTP has leased an area of 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in the south of Bucharest, in the Popești - Leordeni area. From here, the products of the company will be delivered to both Romania and Bulgaria, with the warehouse acting as a regional hub.
The scale of office investments carried out in Poland today is much smaller than in previous years, while the demand for space is still high, according to consultants from Walter Herz.
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 regions of the world.
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
POLAND Wildberries, the Russian online retailer that debuted on the Polish market in January, has revealed some of its initial Polish sales figures.
SLOVAKIA Wildberries, Russia’s largest online retailer, has entered the Slovakian market. The company has also anounced that it is considering investing EUR 200 mln in the development of a distribution centre in the country.
POLAND Cushman & Wakefield is cautious about predicting how the coronavirus pandemic will change online shopping habits but notes that many Polish companies are expecting a massive increase in their online orders.
WORLD Online second had clothes store Thredup store has created a Fashion Footprint Calculator to calculate the carbon footprint of your purchasing habits.
POLAND DHL Parcel will this year have opened 1,000 new locations for despatching and collecting courier parcels.
POLAND According to the recent ‘Supply Chain for E-commerce. How to Meet the Challenges’ report published by DHL Supply Chain, most logistics companies in the contract logistics sector have yet to implement a strategy for the online retail segment.
WORLD Majority of companies have failed to fully implement an e-commerce strategy despite recognizing its importance, according to DHL’s global survey of nearly 900 decision-makers responsible for logistics or supply chain management and e-commerce.
POLAND Drugstore chain Hebe has officially launched its online store. Orders across Poland are delivered by courier. In Warsaw, parcels can also be picked up free of charge also in a chosen Hebe store.
EUROPE The European Commission has announced that, as a result of negotiations with Airbnb, the platform has improved and fully clarified the accommodation and pricing offered to consumers on its site so that its standards meet EU consumer law.
EUROPE The European Commission has opened a formal antitrust investigation to assess whether Amazon's use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competition rules.
POLAND Lidl is to launch an online store for Poland – lidl-sklep.pl.
POLAND The Polish Chamber of Digital Commerce (e-Izba) has set up the Retailers Group e-Chamber to support companies who operate in e-commerce and omnichannel sales or are planning to start a business in this sector.
POLAND Around 24 pct of Polish online retailers are currently considering foreign expansion claims the ‘The Challenges of E-commerce’ report prepared by the Kronenberg Foundation at Citi Handlowy.
POLAND A Wrocław start-up has created a chatbot to sell and recommend goods to shoppers.
POLAND According to BIG InfoMonitor data, the debts of e-commerce traders came to PLN 126 mln at the end of June this year, up 19 pct on the end of 2017.
WORLD The Zara store chain is to complete and send out online orders directly from its brick and mortar stores. The Spanish-based Inditex group, which owns the Zara brand, believes it can make online orders easier for shoppers by processing individual orders in their stores. Whenever a product is unavailable online, but can be found in stock at a local store, it can be ordered immediately with home delivery.
WORLD Marks & Spencer has partnered with True, which operates in the new-tech segment, to focuses on innovation and digital transformation.
POLAND According to this year’s ‘E-commerce in Poland. Gemius for e-Commerce Poland’ report by Gemius, 44 pct of Polish internet users have yet to make any purchases on the internet.
Warsaw mayor Rafał Trzaskowski recently made the claim that by 2050 the city’s metro system will comprise 103 stations and five lines, with connections to 17 of its 18 districts. T ...
Small talkPiotr Trzciński, the Poland, head of Savills Investment Management, gives us the investors' view of how we have coped with a year of unpleasant surprises and how things look like s ...
Small talkŁukasz Mazurczak, the managing director of MVGM, tells us about the evolving role of the property manager in the new reality – and how the PRS market in Poland is becoming increas ...
The City of Helsinki, Finland, has launched a tender competition to sell the Old Customs House in Katajanokka harbour area for redevelopment. The goal ...
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 ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
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 ...
At the turn of 2022 and 2023, GTC received further Barrier-Free Facility certificates for its office buildings, reflecting the implementation of new ...
For the 12th time it all went with a bang! The winners of the Eurobuild Awards 2022 have been announced to almost 900 guests of the Awards Gala, who w ...
It is with great sadness that we learn of the death of Karol Bartos, one of the most well-known and distinguished personalities on the Polish real est ...
A huge bombshell for the finale of the Cannes podcast – as many as FIVE of the top experts in the last episode of the series! Some famous names and a ...
MIPIM, the world’s largest international real estate event, has revealed 12 winners of the MIPIM Awards, a globally renowned real estate competition f ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
Owned by the Capital Park Group, the Warsaw mixed use complex Norblin Factory has received the final BREEAM certificates for both its office and retai ...
Marriott International, announced it has signed an agreement with Rua Al Madinah Holding Company to open eight hotels in the Holy City of Madinah in S ...
BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.
Mazowiecki province has issued a ZRID permit for Mostostal Warszawa to construct a 12 km section of the S7 expressway between Załuski and Modlin, nort ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
2022 was a successful year for the property developer CTP. The company, operating in 10 European countries, has successfully managed to deal with the ...
Real Management has concluded the sale of a 13.7 ha development site on ul. Wesoła in Pionki near Radom to Family Partners for an undisclosed sum.
The company has been strengthening its position on the commercial real estate market as a specialist consultancy providing comprehensive tenant and la ...
Textorial Park office campus in Łódź welcomed a new tenant. .mdd, manufacturer of office furniture has leased 317 sqm in the historic Building A. The ...
Tattersall Lorenz has been chosen by Oxford Properties and Norges Bank Investment Management (NBIM) to undertake the technical and commercial property ...
The renovation of the Darius and Girėnas Stadium in Kaunas has been completed. The grand opening will take place in mid-October, when the stadium will ...
Real Management has announced funding for construction of the first stage of the Neo Natolin housing estate. The company has received funding of PLN 1 ...
Jysk, which took up around 1,300 sqm, and Piekarnia Cukiernia Grzybki bakery (around 170 sqm) are new tenants at the Glinianka retail park. The park i ...
It is our pleasure to invite you to listen to the first episode of the fourth season of our ‘Sitting Down With…’ chats. This time, Arkadiusz Rudzki of ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and r ...