PL

Skylight and Lumen deal finalised

Investment & finance
POLAND Globalworth Poland Real Estate group has finalised the purchase of two office buildings in the Złote Tarasy complex in Warsaw.

The Skylight and Lumen buildings were sold by Rodamco Central Europe for EUR 190 mln. The contract was subject was subject to a number of conditions including the consent of the competition authorities. The 18-floor Skylight building and the eight-storey Lumen building have a combined gla of 45,500 sqm. The buildings are 89 pct leased with a weighted average lease term of almost four years. The tenants include Pernod Ricard, Mars, PGE Energia Ciepła, Inoffice, Regus and Cushman & Wakefield. “The purchase of the Lumen and Skylight buildings is our largest real estate acquisition. Our goal is to have assets in the best locations, where we can create a local community that corresponds to the specific location and ifitss the local employment market,” says Dimitris Raptis, the interim CEO of Globalworth Poland. “After the purchase of the Lumen and Skylight buildings, Globalworth’s Polish portfolio will worth over PLN 425,000 sqm,” he adds. In the transaction, JLL represented Unibail-Rodamco-Westfield with the shopping centre manager set to sell properties worth around EUR 3 bln over the next few years. The Lumen and Skylight buildings were opened in 2007.

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Warehouse & industrial

Romania Linia Projects has moved to Chitila

schedule 17 June 2024
Opr./edited by JC

Linia Wood&Metal company opens Linia Projects in a new 6,700 sqm leased space in Chitila Logistics Hub. The project has been developed by Global Vision in partnership with Globalworth.

Material partner

Croatia Exclusive Auction: Unique Investment Opportunity in Istria

schedule 12 June 2024
Eurobuild CEE

Colliers, in partnership with Illyrian Land Funds, is announcing an exclusive auction for a prime development land site in Istria, Croatia. This property, covering 1,603,903 sqm, is ideal for a mixed-use resort development near Vodnjan, a charming town in Istria, Croatia's top tourist region. The site is just a 15-minute drive from the seafront

Warehouse & industrial

Germany Panattoni Park Cologne II kicks off

schedule 17 June 2024
Opr./edited by JC

Panattoni Germany rang in the conversion of the former Ford site in Cologne-Niehl with a successful demolition party. After dismantling the building, a logistics and industrial property with around 35,000 sqm of usable surface area will be built in the coming months.

Investment & finance

Poland Liberty Residence with a new owner

schedule 17 June 2024
Opr./edited by JC

Resi Capital has acquired a plot of land at the junction of Grzybowska and Żelazna Streets in Warsaw. According to the preliminary concept presented, Liberty Residence is to be a high-rise project and will deliver around 500 flats.

Investment & finance

Poland Panattoni has financing for another park

schedule 17 June 2024
Opr./edited by JC

Panattoni has been granted bank financing for Panattoni Park Zgierz. The EUR 23.3 mln loan was issued by PKO Bank Polski.

Investment & finance

Poland Immofinanz sells Warsaw office complex to Echo

schedule 14 June 2024
Opr./edited by ANZ

Immofinanz has finalised the sale of the three Empark office buildings in Warsaw's Mokotów district to Archicom for EUR 28.5 mln. 

Office & mixed-use development

Hungary Colossyan moves into Academia

schedule 14 June 2024
Opr./edited by ANZ

Colossyan, a startup developing an AI-based video generation platform, has signed a lease agreement for 1,000 sqm offices at Academia Offices in Budapest.

ESG

Poland A new foundation on the map of Polish philanthropy

schedule 14 June 2024
Opr./edited by ANZ

Polish businessman, investor and philanthropist, Robert Dobrzycki, has set up a new charity. The mission of the Robert Dobrzycki Foundation is to help shape the development of society and promote Poland and Polish business on the world stage.

Eurobuild CEE

Poland The June issue of 'Eurobuild' is now out!

schedule 13 June 2024
Eurobuild CEE

The final issue of the magazine before the summer holidays has just hit the shelves and the internet! On its pages you can read all about unconventional ways to conquer the warehouse business, methods to improve your professional status in hard times, as well as the Ukrainian real estate market, where properties are still being built, sold and rented despite the continued bombing of the country.

Warehouse & industrial

Poland PGD chooses Waimea Airport Logistics Park Szczecin-Goleniów

schedule 13 June 2024
Opr./edited by ANZ

PGD, a distributor of products for bakeries, confectioneries and ice-cream parlours, has occupied app. 2,000 sqm production and warehouse space with social facilities in the Waimea Airport Logistics Park Szczecin-Goleniów investment.

Retail & leisure

Romania Froo Froo! Żabka Group starts operations in Romania

schedule 13 June 2024
Opr./edited by ANZ

The Żabka Group has opened its first shops in Romania. Over the past month, five outlets under the Froo banner have opened in Bucharest.

Warehouse & industrial

Poland The biggest warehouse lease of the year

schedule 13 June 2024
Opr./edited by JC

Prime Logistics Wrocław and logistics service provider LX Pantos has signed a lease for 100,000 sqm. This marks the largest warehouse transaction in Poland this year.

Residential

Romania Low-rise buildings, high standards

schedule 13 June 2024
Opr./edited by JC

Construction works begin on the new Bellemonde residential complex in Bucharest. The project will cover a land area of over 41,000 sqm and will feature 93 villas and 71 apartments.

Office & mixed-use development

Poland Hanza Tower gets flexible

schedule 12 June 2024
Opr./edited by JC

International Workplace Group, a global provider of hybrid working solutions with brands including Spaces and Regus, is opening a flexible workspace in Szczecin. It's the company's 30th location in Poland.

Warehouse & industrial

Romania HelpShip expands in Oradea

schedule 12 June 2024
Opr./edited by JC

CTP has leased 12,500 sqm of warehouse space at CTPark Oradea Cargo Terminal to HelpShip, an e-fulfillment and logistics solutions provider, part of euShipments.com's group and logistics network. 

Warehouse & industrial

Germany VGP breaks ground in Schkopau

schedule 12 June 2024
Opr./edited by JC

VGP, a European owner, operator and developer of logistics and commercial properties, is continuing to develop VGP Park Leipzig Airport on an area of around 450,000 sqm. A groundbreaking ceremony was held at the site of the investment.

Investment & finance

Poland Eastnine buys from Skanska (again)

schedule 11 June 2024
Opr./edited by JC

Skanska has sold the Nowy Rynek E office building for over EUR 79 mln. The buyer is Eastnine AB, a Swedish real estate company focused on office premises at selected markets in the Baltics and Poland.

Warehouse & industrial

Poland John Dog has chosen MLP

schedule 11 June 2024
Opr./edited by JC

John Dog Group, the Polish e-commerce company specialising in feeds, treats, and accessories for dogs and cats, has leased 4,100 sqm of warehouse space at the MLP Poznań West logistics centre.

Office & mixed-use development

Poland Dot Park welcomes more technology

schedule 11 June 2024
Opr./edited by JC

A new tenant of the Dot Park office complex is Webcon, a provider of business process automation systems and low-code technology. The company has leased 1,615 sqm of space in the building.

Warehouse & industrial

Poland Zeus in Warsaw

schedule 10 June 2024
Opr./edited by JC

Panattoni has leased out over 5,200 sqm to Polpack Zeus, a company that specialises in the manufacture and distribution of packaging solutions. With this transaction, City Logistics Warsaw VII on ul. Bukowiecka has become fully leased. 

Latest in Investment & finance

schedule 17 June 2024

Liberty Residence with a new owner

Resi Capital has acquired a plot of land at the junction of Grzybowska and Żelazna Streets in Warsaw. According to the preliminary concept presented, Liberty Residence is to be a high-rise project and will deliver around 500 flats.

schedule 17 June 2024

Panattoni has financing for another park

Panattoni has been granted bank financing for Panattoni Park Zgierz. The EUR 23.3 mln loan was issued by PKO Bank Polski.

schedule 14 June 2024

Immofinanz sells Warsaw office complex to Echo

Immofinanz has finalised the sale of the three Empark office buildings in Warsaw's Mokotów district to Archicom for EUR 28.5 mln. 

schedule 11 June 2024

Eastnine buys from Skanska (again)

Skanska has sold the Nowy Rynek E office building for over EUR 79 mln. The buyer is Eastnine AB, a Swedish real estate company focused on office premises at selected markets in the Baltics and Poland.

schedule 10 June 2024

mBank finances four retail parks

Mitiska REIM has secured a EUR 40 million refinancing with mBank for a portfolio of four Polish food-anchored retail parks. Representing a combined GLA of nearly 34,000 sqm, the convenience centers are located in the cities of Września, Turek, Lubliniec and Wodzisław Śląski.

schedule 06 June 2024

Retail park in Bielsko-Biała is sold

A retail park in Bielsko-Biała being developed on the site of a Tesco shop on ul. Warszawska, has a new owner. Redkom Development, responsible for the construction and commercialisation of the facility, has sold the project to Newgate Investment.

schedule 04 June 2024

Czechs are still moody

Despite the current weakening of investment activity in the CEE region, investment volumes in commercial real estate in the Czech Republic posted a 36 pct year-on-year increase in Q1 2024. Colliers informs that a total of EUR 545 million in capital was invested in the Czech Republic during this period.

schedule 04 June 2024

Huge deal for Greenstone

Private equity fund Greenstone has acquired an almost 80 pct stake in a special purpose vehicle owning the Format office building in Gdansk in what is the first big-ticket office transaction in Poland’s regional cities since 2022.

schedule 29 May 2024

Sale of a large portfolio in Germany

S Immo has concluded contracts to sell a large portfolio consisting of 18 German commercial and one residential property with a total property transaction value of EUR 255 mln through separate share and asset deals.

schedule 29 May 2024

On Odysseus' island

The only hotel located in Croatian national park, on Mljet Island, has been put on sale. Hotel Odisej, a 3-star resort built in 1978 and renovated in 1996 and 2004, offers 155 rooms and two apartments.

schedule 28 May 2024

Holiday Inn Resort Warsaw Józefów changes ownership

TMS Inwestycje, a company controlled by Tobias Solorz, has acquired the 148-room Holiday Inn Resort Warszawa Józefów hotel from the Aquila Group. The transaction included both the property and the shares in Aquila Hotels, the company operating the hotel in Józefów.

schedule 28 May 2024

CTP expands in Romania with 270,000 sqm warehouse and 30 ha landbank acquisition

CTP has acquired from Globalworth an industrial portfolio of 270,000 sqm GLA and 30 ha landbank in six key locations in Romania.

schedule 27 May 2024

Metron changes hands

Alides Polska, a subsidiary of Belgian developer Alides, and Aya Properties Fund, have announced the joint acquisition of the Metron office building located in Warsaw from a Polish SPV held by Patrizia Frankfurt Kapitalverwaltungs.

schedule 22 May 2024

Green financing for three CPIPG office assets

CPI Property Group Poland has concluded a green refinancing transaction with Aareal Bank amounting to more than EUR 277 mln. The funds received will be used for the refinancing of three Warsaw office properties: Warsaw Financial Center, Equator IV and Eurocentrum.

schedule 16 May 2024

Cromwell sells Polish retail portfolio

Real estate investor and fund manager Cromwell Property Group has announced the sale of six retail centres across Poland, held by the Cromwell Polish Retail Fund to Star Capital Finance for EUR 285 mln.

schedule 16 May 2024

Studio B with a new owner

Skanska has sold the Studio B office building in Warsaw to Stena Real Estate for EUR 86 mln. This is already third transaction between the two parties in Central and Eastern Europe.

schedule 15 May 2024

Hotel Austria Trend is sold

Peakside Capital and Generali Investments Slovenia have sold, on behalf of Generali Adriatic Value Fund, the Austria Trend hotel located in the Slovenian capital.

schedule 15 May 2024

Millions for MLP

ING Bank Śląski has agreed to lend more than EUR 26.8 mln to MLP Group. The purpose of the loan is to refinance existing projects spanning an area of 58,200 sqm, and finance the construction of another 21,700 sqm of warehouse facilities within the MLP Poznań and MLP Poznań II logistics parks.

schedule 14 May 2024

mBank finances City Logistics Kraków III

Panattoni has received financial support for the development of the City Logistics Kraków III project. The EUR 21 mln loan granted by mBank will make it possible to finalise the construction of the logistics park, located in Kraków’s Nowa Huta district.

schedule 13 May 2024

Real money for Real Management

Real Management has signed a loan agreement with mBank for over EUR 14 mln in funding for construction of the Good Point V warehouse and production park in Łubna.

Edition 6 (289) June 2024

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