PL

ASB opens its fifth office

Office & mixed-use development
POLAND Financial consultancy ASB has opened an office in Rynek Staromiejski 36/38 in Toruń’s Old Town Square.
This is the company’s second location in Poland. ASB has offices in Warsaw, Prague, Budapest, and Bratislava, where it employs over 250 employees. “The opening of a new office in Toruń lies along our natural growth path and is an important step for our company. The addition of another location in Poland will allow us to provide our services on a larger scale. Our plans include building up a stable team of accountants and payroll specialists,” says Przemek Oleksy, the managing director of ASB in Poland. The team in Toruń will provide accounting and payroll services and will support Warsaw’s office advising both local and international clients.

Latest news

Warehouse & industrial

Germany Another logistics park near Hamburg

schedule 25 November 2022
Opr./edited by ANZ

Garbe Industrial Real Estate is continuing to expand its portfolio of logistics centres in the Hamburg metropolitan region. The developer has purchased 33,000 sqm of land in Lüneburg, and plans to invest EUR 33 mln in the project.

Retail & leisure

Italy Forum Palermo rejuvenated

schedule 25 November 2022
Opr./edited by ANZ

Multi, a platform for integrated real estate management services, has recently refurbished and extended Forum Palermo, the largest shopping centre in north-west Sicily.

Retail & leisure

Romania Sinsay expands in Romania

schedule 25 November 2022
Opr./edited by ANZ

New Sinsay stores will be opened in retail parks located in Timisoara and Vaslui. These are the next points of this brand in Romanian commercial facilities, which are being developed by the Polish company Scallier. 

Office & mixed-use development

POLAND Wunderman flies into Nowy Rynek

schedule 24 November 2022
Opr./edited by NN

Wunderman Thompson Technology has leased app. 2,000 sqm in building E of the Nowy Rynek office building developed in Poznań by Skanska.

Hotels

CEE REGION Lagoon life comes to CEE capitals

schedule 24 November 2022
Nathan North
deputy editor

Forty Management has announced that it is soon to begin work on its Central District Lagoon City hotel and mixed-use complex in Bucharest, while the launches of similar projects are pending in Prague and Budapest and that it is seeking a site for one in Warsaw.

Warehouse & industrial

CZECH REPUBLIC Panattoni fills Teplice South park

schedule 24 November 2022
Opr./edited by NN

The last remaining space in Panattoni Park Teplice South in the Czech Republic’s northern Ústí nad Labem Region has been taken up by Maersk, Raben and Exyte Technology – more than 23,000 sqm.

Investment & finance

CENTRAL EUROPE CPI set to merge S Immo into Immofinanz

schedule 23 November 2022
Nathan North
deputy editor

Immofinanz has received approval from its supervisory board to enter into negotiations with its main shareholder CPI Property Group for the acquisition of a controlling stake in S Immo.

Warehouse & industrial

Poland C. Hartwig Gdynia expands in TriCity

schedule 23 November 2022
Opr./edited by ANZ

C. Hartwig Gdynia, a Polish freight forwarding company of the global Rhenus Group, has expanded its lease to occupy a total of 16,100 sqm of warehouse and office space in the Pomeranian Logistics Centre.

Warehouse & industrial

Poland Panattoni grows in Silesia

schedule 23 November 2022
Opr./edited by ANZ

Panattoni has purchased a site in Ruda Śląska, in the centre of the Silesian metropolitan area. The building permit acquired allows for the construction of a park with a total area of 65,000 sqm.

Warehouse & industrial

Romania Diehl Controls opens third European plant

schedule 23 November 2022
Opr./edited by ANZ

CTP has secured German company Diehl Controls, a hi-tech manufacturer, as the first tenant of its new 50,000 sqm business park in Brașov in central Romania. Diehl’s plant will create 200 jobs initially, rising to over 600 by the end of 2027.

Investment & finance

ROMANIA CA Immo exits Romania with largest ever deal

schedule 22 November 2022
Nathan North
deputy editor

Austrian real estate company CA Immo has announced its exit of the Romanian market as it finalises the sale of its seven-building office portfolio in Bucharest to local company Pavăl Holding, the owner of the Dedeman chain of DIY stores.

Warehouse & industrial

Romania New tenant in CTPark Timisoara Ghiroda

schedule 22 November 2022
Opr./edited by ANZ

Kuchinox Polska has leased 4,000 sqm of A-class production hall with office space in the logistics park CTPark Timisoara Ghiroda in Romania.

Retail & leisure

Romania Strong retail market in Romania

schedule 22 November 2022
Opr./edited by ANZ

Cushman & Wakefield Echinox, the exclusive affiliate of Cushman & Wakefield in Romania, has presented its study on different retail market segments activity in Romania. The cumulative turnover of the 6,000+ stores operated by large retailers increased by 20 pct, more than the inflation rate and the national consumption growth.

Office & mixed-use development

Serbia GTC X opens in Belgrade

schedule 22 November 2022
Opr./edited by ANZ

GTC X is the newest building of the GTC Group in Belgrade. It brings to the market 17,700 sqm of first-class office space in Block 41, located along Milutin Milanković Boulevard in New Belgrade, the Serbian Silicon Valley.

Investment & finance

Europe Increased sale and leaseback activity 

schedule 21 November 2022
Opr./edited by ANZ

Despite a slowdown in commercial real estate (CRE) markets, a tough macroeconomic backdrop and tighter lending conditions are set to make property an increasingly attractive means to raise capital, according to new research from Colliers. Corporates can explore a variety of methods to monetise real estate assets, with sale and leaseback emerging as one of the most attractive.

Warehouse & industrial

Poland DTW Logistics in Panattoni

schedule 21 November 2022
Opr./edited by ANZ

Panattoni broadens its client base from the TSL sector. DTW Logistics has leased over 25,000 sqm in Panattoni Park Warsaw West and is to start using the space from April 2023.

Green projects

Poland Photovoltaics works for Warsaw Unit

schedule 21 November 2022
Opr./edited by ANZ

Ghelamco has completed its first three photovoltaic farms as part of its programme to achieve energy neutrality, announced in May 2022.  The installations, with a capacity of nearly 3 MW, were built in three locations in the Opole region.

Office & mixed-use development

Poland Ocean Office Park with a new tenant

schedule 21 November 2022
Opr./edited by ANZ

SalesManago, a company creating e-commerce technology solutions, is set to become the single occupant of the new office building in Ocean Office Park in Krakow's Zabłocie district. The company expects to move into its new premises in August 2023. 

Warehouse & industrial

Poland More space for solar systems

schedule 21 November 2022
Opr./edited by ANZ

BayWa r.e., renewable energy services provider, has leased additional space at GLP Kraków Airport Logistics Centre, to support its rapidly expanding business in Poland. It will now occupy more than 14,000 sqm of industrial and office space.

Warehouse & industrial

Poland Accolade’s 7 years in Poland

schedule 18 November 2022
Opr./edited by ANZ

Accolade came to Poland seven years ago and currently owns 26 of the country’s 45 parks, both completed and under construction, spanning nearly 1.5 mln sqm

Latest in Office & mixed-use development

schedule 24 November 2022

Wunderman flies into Nowy Rynek

Wunderman Thompson Technology has leased app. 2,000 sqm in building E of the Nowy Rynek office building developed in Poznań by Skanska.

schedule 22 November 2022

GTC X opens in Belgrade

GTC X is the newest building of the GTC Group in Belgrade. It brings to the market 17,700 sqm of first-class office space in Block 41, located along Milutin Milanković Boulevard in New Belgrade, the Serbian Silicon Valley.

schedule 21 November 2022

Ocean Office Park with a new tenant

SalesManago, a company creating e-commerce technology solutions, is set to become the single occupant of the new office building in Ocean Office Park in Krakow's Zabłocie district. The company expects to move into its new premises in August 2023. 

schedule 18 November 2022

Hotel and office complex to replace Atrium

Strabag Real Estate has announced the launch of its Upper One development – an office and hotel complex at the junction of ul. Grzybowska and Jana Pawła II in Warsaw, which will replace the now defunct Atrium International office building.

schedule 16 November 2022

New supply gap

JLL has summarised activity in the Polish office market in the first three quarters of 2022 - a new supply gap in Warsaw, caused by record low levels of space under construction and predominantly forecast for 2023, has been widely discussed.

schedule 16 November 2022

Toys in the Skyliner

Mattel Poland is another global player to become a tenant of the Skyliner office building. The company is part of the Mattel corporation, a leader in the design, manufacture and sale of toys and other family products. The new tenant will occupy 660 sqm of space in the Karimpol Group‘s investment project in Warsaw‘s Wola district.

schedule 15 November 2022

Sollers goes hybrid in Wrocław

Sollers Consulting, an international IT operational advisory and software integrator, will open a branch in Wrocław. The company has leased 1,200 sqm in Dubois 41 office building.

schedule 14 November 2022

The shape of Infinity 

The Infinity office building in Wrocław is entering the final phase - the highest construction point has been reached. The project, which is being developed by Avestus Real Estate in cooperation with business partner Alchemy Properties, will be completed for the tenants in Q2 2023. 

schedule 10 November 2022

Platinum for Budapest One

The first phase of Budapest One, located at Őrmező, the largest multimodal transport hub in Hungary, has received WELL Platinum certification. The office building is the first in Hungary to meet the highest requirements of the International Well Building Institute (IWBI). 

schedule 10 November 2022

Colliers to manage Tensor

Colliers has taken over the management of the Tensor office complex in Gdynia, which belongs to a partnership between Czech open-ended real estate fund Investika and Luxembourg private equity investor Bud Holdings. Colliers' regional office will also support the owner in the commercialisation of the property.

schedule 09 November 2022

CTP Q3 2022 trading update

CTP reports strong like-for-like rental growth of 4.3 pct and occupancy improvement – while expanding its portfolio to 9.9 million sqm and realising a yield-on-cost of above 10 pct. 

schedule 08 November 2022

Prime Kapital launches EUR 330 mln Cluj project

US real estate investor Prime Kapital has announced that it is to develop a large-scale urban regeneration project on a brownfield site in Cluj-Napoca in northwest Romania.

schedule 08 November 2022

Challenging electricity prices

The current geopolitical situation has destabilised energy markets, with the real estate also affected by rising electricity prices. Existing buildings account for close to 55 pct of energy consumed by the construction industry globally and for over 35 pct of greenhouse gas emissions, while almost 75 pct of buildings in the European union fail to meet energy performance requirements.

schedule 08 November 2022

Investors begin to adopt a wait-and-see approach

Office investment dominated the first half of 2022, as the most traded asset type in the CEE countries. It accounted for 2.5 billion euro which was 42 pct of the total investment volume in the region - reveals a new report by Colliers. 

schedule 08 November 2022

Office supply weakens across regional cities

According to a report published by real estate advisory firm Newmark Polska, vacancy rate held firm in Poland’s regional city office markets throughout Q3 of this year along with the moderate occupier and developer activity. 

schedule 08 November 2022

The supply gap and what's next?

Axi Immo has presented data summarizing Q3 2022 in the Polish office market. The end of 2022 completes the dynamic new supply period observed in recent years and marks a continuation of the good run in the office market take-up.

schedule 07 November 2022

Skyliner full of bubbles

Coca-Cola Poland Services has signed a lease agreement for almost 2,400 sqm in Warsaw's Skyliner office building. At the beginning of 2023, the company will move its Polish headquarters to the Karimpol Group's flagship investment on Rondo Daszyńskiego.

schedule 04 November 2022

Fio banka sings biggest Masaryčka lease

Czech financial institution Fio banka has leased 5,400 sqm for its new headquarters in the Masaryčka office complex, which is under development in central Prague.

schedule 04 November 2022

E.On moves BSS HQ to Record Park

E.On Business Services Cluj has leased 3,500 sqm of office space in the Record Park mixed-use complex in Cluj-Napoca in northwestern Romania.

schedule 03 November 2022

Regional markets thrive in Romania

In the last three months, a total area of over 109,000 sqm of modern office space has been leased in Romania’s largest cities, which means an increase of 9 pct compared to the previous year. The agreements included both new contracts and extensions of the old ones. Top cities that attracted the most office tenants in III Q of 2022 are, apart from Bucharest, Iasi, Cluj-Napoca and Timisoara.

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