PL

Ghelamco stays busy

Office & mixed-use development
POLAND Over 2019 Ghelamco has launched two projects, sold the Warsaw Spire tower and signed one of the largest lease transactions in Warsaw.

In June insurance company Warta leased almost 20,000 sqm in the Warsaw Unit, which is one of the largest lease transactions of the year. The developer has also begun construction work on the Prochownia Łomianki retail park and is completing the renovation of two town houses that were built over 120 years ago on ul. Foksal in Warsaw. Also in Warsaw work has begun on the Flisac Apartamenty Powiśle apartment building, which is to overlook the river Vistula. Additionally it is currently constructing three high-rise blocks as part of the Warsaw Hub development as well as the Warsaw Unit, which is to be 202m in height. Preparation work has also begun for further skyscrapers in central Warsaw at pl. Grzybowski, and pl. Zawiszy as well as the Bellona Tower project, which is to be built next to the Warsaw Spire. The zoning plan allows for a building of 180m with 50 floors and a design concept has been produced by UNStudio from the Netherlands in collaboration with PBPP Projekt in Poland. However, Ghelamco has not yet officially commented on the project.

Latest news

Warehouse & industrial

HUNGARY Prologis brings Parklife to Budapest tenants

schedule 06 July 2020
Nathan North
deputy editor

Prologis has acquired a 13 ha site for a new complex – Prologis Park Budapest-Sziget II.

Green projects

3D-printed house “built” in 22 hours

schedule 03 July 2020
Nathan North
deputy editor

Prvok od Buřinky the first Czech 3D-printed floating house made from concrete has now been “built” in České Budějovice.

Warehouse & industrial

POLAND Prologis leasing and re-leasing in Wrocław

schedule 03 July 2020
Opr./edited by NN

A number of new leases and renewals have recently been signed for space in Prologis parks in Wrocław.

Hotels

ROMANIA Ibis to open at Bucharest airport

schedule 03 July 2020
Nathan North
deputy editor

Accor has signed a management agreement with Alexandra Residence Design to open 144-room Ibis hotel near the future Terminal 2 of Bucharest’s main Henri Coandă Airport by the end of 2022.

Office & mixed-use development

POLAND ABB moves to Monopolis

schedule 02 July 2020
Opr./edited by NN

Swiss automation tech company ABB is to relocate to newly-completed offices in the M1 building of the Monopolis complex in Łódź, where it has leased 1,400 sqm.

Office & mixed-use development

Warsaw in top ten fintech cities - Savills

schedule 02 July 2020
Opr./edited by NN

Warsaw is the tenth most attractive city in Europe for the fintech sector, according to a survey by Savills.

Office & mixed-use development

The future’s flex

schedule 02 July 2020
Nathan North
deputy editor

Hungarian-based serviced office operator New Work has gone from strength-to-strength in the CEE region since its foundation eight years ago in the aftermath of the credit crunch. Now it is poised to expand even further in the wake of the latest crisis, according to the company’s CEO, Hubert Abt, who we spoke to in an exclusive interview

Investment & finance

POLAND Arrow takes aim at Poland

schedule 01 July 2020
Opr./edited by NN

Arrow Capital Partners has acquired Airport House in Warsaw for its USD 3 bln European Strategic Industrial Real Estate (SIRE) platform for an undisclosed sum.

Warehouse & industrial

POLAND Panattoni to begin latest Silesian park

schedule 01 July 2020
Opr./edited by NN

Panattoni is to develop its latest warehouse and manufacturing park in Silesia – Panattoni Park Zabrze II.

Investment & finance

POLAND Strong H1 volumes despite the virus

schedule 01 July 2020
Opr./edited by NN

An investment volume of EUR 2.9 bln was transacted on Polish real estate in the second best H1 on record, according to JLL.

Investment & finance

POLAND Investor confidence set to recover – Cresa

schedule 30 June 2020
Opr./edited by RO

Despite the impact of the pandemic, Poland should continue to be an attractive commercial real estate investment destination, according to Cresa.

Office & mixed-use development

POLAND GFT moves HQ to Brama Miasta

schedule 30 June 2020
Nathan North
deputy editor

German software provider GFT is moving its Polish headquarters in Łódź to the first building of the Brama Miasta complex in the city centre, where it will occupy three floors and 4,700 sqm.

Office & mixed-use development

POLAND Skanska seals largest ever lease

schedule 30 June 2020
Nathan North
deputy editor

Skanska has finalised the signing of a ten-year, 47,000 sqm lease with insurance company PZU for all the office, retail, storage and parking space in the third stage of Generation Park in Warsaw – the entire Y building.

Warehouse & industrial

POLAND Accolade to invest EUR 47 mln in Gorzów

schedule 30 June 2020
Opr./edited by RO

Accolade has been revealed to be the investor behind the Panattoni Park Gorzów Wielkopolski, which is currently being developed by Panattoni in western Poland.

Property and Facility Management

POLAND MVGM chosen for City One

schedule 29 June 2020
Nathan North
deputy editor

MVGM has taken over the management of City One, the first stage of the City Forum office complex in Wrocław.

Office & mixed-use development

Romania Hagag takes on Știrbey Palace

schedule 29 June 2020
Opr./edited by AH

Real estate developer Hagag Development Europe has received the urban planning certificate for its restoration and conversion into offices of Știrbey Palace in Bucharest.

Investment & finance

CZECH REPUBLIC City West C1 and C2 sold for CZK 2 bln

schedule 29 June 2020
Nathan North
deputy editor

Czech real estate group Českomoravská Nemovitostní (ČMN) has completed the CZK 2 bln (app. EUR 74.5 mln) acquisition of two office buildings: City West C1 and C2 in Prague’s western Stodůlky district.

Technology

WORLD Investment set to rise in home office tech

schedule 29 June 2020
Opr./edited by RO

As many as 88 pct of EMEA occupiers intend to invest more in technology designed specifically to aid home working, according to CBRE’s 2020 EMEA Occupier Flash Survey.

Office & mixed-use development

POLAND Wrocław office market on the road to recovery

schedule 29 June 2020
Opr./edited by RO

The Wrocław office market is now on the recovery path after the Covid-19 pandemic, according to Polish consultancy Walter Herz.

Warehouse & industrial

POLAND Poland set for a nearshoring boom?

schedule 29 June 2020
Opr./edited by RO

Poland may become a nearshoring hotspot, especially after the Covid-19 pandemic, claims consultancy Savills.

Latest in Office & mixed-use development

schedule 02 July 2020

The future’s flex

Hungarian-based serviced office operator New Work has gone from strength-to-strength in the CEE region since its foundation eight years ago in the aftermath of the credit crunch. Now it is poised to expand even further in the wake of the latest crisis, according to the company’s CEO, Hubert Abt, who we spoke to in an exclusive interview

schedule 02 July 2020

Warsaw in top ten fintech cities - Savills

Warsaw is the tenth most attractive city in Europe for the fintech sector, according to a survey by Savills.

schedule 02 July 2020

ABB moves to Monopolis

Swiss automation tech company ABB is to relocate to newly-completed offices in the M1 building of the Monopolis complex in Łódź, where it has leased 1,400 sqm.

schedule 30 June 2020

Skanska seals largest ever lease

Skanska has finalised the signing of a ten-year, 47,000 sqm lease with insurance company PZU for all the office, retail, storage and parking space in the third stage of Generation Park in Warsaw – the entire Y building.

schedule 30 June 2020

GFT moves HQ to Brama Miasta

German software provider GFT is moving its Polish headquarters in Łódź to the first building of the Brama Miasta complex in the city centre, where it will occupy three floors and 4,700 sqm.

schedule 29 June 2020

Wrocław office market on the road to recovery

The Wrocław office market is now on the recovery path after the Covid-19 pandemic, according to Polish consultancy Walter Herz.

schedule 29 June 2020

Hagag takes on Știrbey Palace

Real estate developer Hagag Development Europe has received the urban planning certificate for its restoration and conversion into offices of Știrbey Palace in Bucharest.

schedule 26 June 2020

Warsaw Unit puts on dragon skin

Ghelamco Poland is about to complete installing a kinetic façade, called ‘Dragon Skin’, onto its Warsaw Unit office development.

schedule 25 June 2020

Pandemic to fuel growth of shared service centres

POLAND Shared services sector growth is likely to accelerate overthe coming years, says Cushman & Wakefield in its latest report on alternative locations for business service sector occupiers.

schedule 25 June 2020

Landlords in no mood to postpone or lower rents

As many as 71 pct of office tenants in Sofia have asked to defer rental payments and 53 pct have asked for a temporary rent reduction, according to a survey of 85 office landlords in the city by consultancy MBL.

schedule 24 June 2020

Eastnine takes S7-3

Eastnine has purchased the S7-3 office property in Vilnius for around EUR 43 mln from Galio Group.

schedule 24 June 2020

M&A Capital signs up BNP

M&A Capital SARL has appointed under BNP Paribas Real Estate Poland to be the leasing agent of the Karolkowa Business Park and Crown Square office developments in Warsaw’s Wola district.

schedule 23 June 2020

Kwadraciak now fully leased

POLAND The Wielkopolskie provincial planning department (WBPP) has leased 720 sqm of office space in the Kwadraciak office building in Poznań.

schedule 23 June 2020

Co-working on the rise in Stara Drukarnia

Flexible office operator Rise.pl has leased 2,100 sqm in the Stara Drukarnia office building in Łódź.

schedule 22 June 2020

Park life in Kraków from Cain and White Star

UK investor Cain International and local development partner White Star Real Estate have started the construction work on The Park Kraków.

schedule 22 June 2020

Western Union signs year’s largest lease

Western Union Processing Lithuania has leased all of the office space – more than 15,000 sqm – in the Gama building of the Technopolis Ozas business park in Vilnius.

schedule 17 June 2020

Xella stretches its wings

Construction materials manufacturer Xella Polska has expanded its lease from 1,000 sqm to 1,200 sqm in the GreenWings Offices in Warsaw.

schedule 10 June 2020

No going higher with React

POLAND Echo Investment has topped off the React office building at the intersection of al. Pisłudskiego and ul. Kilińskiego in Łódź. The seven-story office block with 15,000 sqm gla, which is being built in the first stage of a 50,000 sqm complex, reached its target height of 25m with the construction work on schedule.

schedule 09 June 2020

Cybercom keeps its Crown

POLAND Swedish IT consultancy Cybercom has renewed its 1,000 sqm lease in the Myhive Crown Tower building in Warsaw, owned by Immofinanz.

schedule 09 June 2020

Commerzbank comes to Advance Business Center II

BULGARIA German bank Commerzbank has leased over 3,500 sqm of office space in Advance Business Center II in Sofia and is to move in when the building is delivered in December.

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