Landlords underwhelmed by emergency relief

Coronavirus
CEE REGION Preliminary CEE investment volumes for Q1 2020 amounted to app. EUR 3.7 bln, despite the onset of Covid-19 in the region in early March – according to Colliers International’s latest research report.
This volume was significantly boosted by the app. EUR 1.3 bln acquisition of the Residomo portfolio in the Czech Republic by Heimstaden, but the turnover was still 68 pct higher than the figure for Q1 2019 (EUR 2.2 bln) and 28 pct more than Q1 2018 (EUR 2.9 bln). Poland took the lion share of the Q1 volume (48 pct), followed by the Czech Republic (39 pct), Slovakia (5 pct), Romania (4 pct), Hungary (2 pct) and Bulgaria (2 pct). Kevin Turpin, the research director for the CEE region at Colliers
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Latest news

Investment & finance

Poland Nrep acquires Gdańsk co-living centre

schedule 13 June 2025

Scandinavian investor Nrep has acquired its third co-living centre in Gdańsk: Noli Gdańsk Old Town. The building, at ul. Łąkowa 59, was developed by Moderna Holding through the conversion of the historic Czerwone Koszary barracks and now becomes part of the Noli Studios portfolio.

Office & mixed-use development

Poland VeloBank looks to Sagittarius

schedule 13 June 2025

VeloBank has decided to lease almost 2,800 sqm of office space in the Sagittarius Business House complex in the centre of Wrocław.

Warehouse & industrial

Slovakia P3 builds in Sládkovičovo

schedule 13 June 2025

P3 Logistic Parks has announced the construction of a 200,000 sqm gla logistics and industrial park in Sládkovičovo, about 50 km east of Bratislava. The complex is to be built in two stages, with the first tenants moving in at the beginning of 2027.

Office & mixed-use development

Poland IKEA to set up showroom office in .KTW

schedule 13 June 2025

The first Ikea dla Firm showroom in Poland is to officially open in the .KTW office building on June 17th. To mark the occasion, a discussion panel is to be held with representatives from the labour and office space markets. Eurobuild is the media patron of the event.

Investment & finance

Poland Peakside and Octane buy two logistics parks

schedule 12 June 2025

Peakside and Octane Capital Partners have finalised the acquisition of two urban logistics parks from Panattoni: Panattoni Park Warsaw Janki IV with around 13,000 sqm gla, and Panattoni Park Warsaw City V (Targówek) with around 11,000 sqm.

Office & mixed-use development

Poland The Bridge opens it gates

schedule 12 June 2025

The 54,000 sqm Bridge office complex, which has been developed by Ghelamco near the Rondo Daszyńskiego roundabout in Warsaw's Wola-Centrum business district, has been granted an occupancy permit.

Retail & leisure

Poland Multikino to open in Avenida

schedule 12 June 2025

The Multikino cinema chain is to open a new multiplex in the Galeria Avenida shopping centre in Poznań'. The parties to the deal have signed a letter of intent, while the landlord is now applying for a building permit for the eight-screen cinema.

Office & mixed-use development

Poland Industrial Bank of Korea opens in Warsaw

schedule 12 June 2025

The Industrial Bank of Korea is moving into 950 sqm of offices on the top, 31st floor of the Warsaw Financial Center.

Interior design

Poland JLL redesigns its Warsaw branch

schedule 12 June 2025

JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasising a modern, sustainable approach to interior design.

Warehouse & industrial

Intermarché launches Sosnowiec centre

schedule 11 June 2025
Opr./edited by AH

The Intermarché chain, part of Les Mousquetaires Group, has opened a new distribution centre in Silesia.

Exclusive
Exclusive

Poland A more mature student scene

schedule 11 June 2025
Anna Zamyłka

Echo Investment has recently expanded its presence in the student housing sector. We spoke to CEO Nicklas Lindberg about what’s driving this new focus and how the company plans to build a significant PBSA platform in Poland.

Warehouse & industrial

Poland All made-up in Łódź

schedule 10 June 2025

Polish cosmetics manufacturer Delia Cosmetics has officially opened a warehouse and production plant built by Commercecon in Łódź.

Residential

Poland Heimstaden starts apartment sales

schedule 10 June 2025

Heimstaden has begun apartment sales for its Oh!Praga development in Warsaw.

Retail & leisure

Poland Scallier opens park in Western Pomerania

schedule 09 June 2025
Opr./edited by AH

Scallier has opened a 2,000 sqm gla retail park in Pyrzyce in Western Pomerania Province.

Office & mixed-use development

Poland Tenant activity rises

schedule 09 June 2025

According to the ‘At a Glance – the Office space market in regional cities Q1 2025’ report published by BNP Paribas Real Estate Poland, tenants remain active and are looking for modern offices, despite a noticeable decrease in the volume of office space delivered.

Investment & finance

Poland Lighthouse sold

schedule 09 June 2025
Opr./edited by AH

Octava Property Trust has sold the Lighthouse office building in Warsaw to a Polish-based investor.

EurobuildCEE

Poland The June issue of Eurobuild is now out!

schedule 05 June 2025
Opr./edited by JC

The latest issue of Eurobuild is now out – and, as always, it’s packed with timely analysis, expert forecasts, industry commentary... and a good dose of inspiration.

Retail & leisure

Romania Scallier opens retail park in Ploiești

schedule 05 June 2025
Opr./edited by AH

Polish-based developer Scallier has opened a FunShop Park retail park in Ploiești.

Warehouse & industrial

Romania VAT opens factory in VGP Arad Park

schedule 05 June 2025
Opr./edited by AH

Vacuum valve manufacturer VAT Romania has opened a new 21,000 sqm factory in VGP Park Arad.

Retail & leisure

Romania Cinema attendance down

schedule 05 June 2025
Opr./edited by AH

Romanians spent EUR 59 mln in cinemas last year, 5 pct less than in 2023, as ticket prices increased by 10 pct y-o-y while the total number of tickets sold declined by 14 pct, according to the Romanian Film Center and Cushman & Wakefield Echinox.

Latest in Coronavirus

schedule 30 March 2021

Vaccination centre provided by Globalworth

The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.

schedule 24 June 2020

Employers in no rush to return to workplaces

Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its global survey on return-to-work strategies after the Covid-19 pandemic.

schedule 14 May 2020

Catella sees hope and chances for real estate after Covid-19

WORLD Real estate could actually benefit from the Covid-19 pandemic in the long run due its perception as a safe haven for investors, according to a report just published on the implications of the epidemic for the market by Swedish property consulting and fund management specialists Catella.

schedule 14 May 2020

Build Europe pushes post-coronavirus action plan

EUROPE Build Europe, an umbrella organisation for EU-based residential developers and constructors, has presented its recommendations for helping the sector in the EU emerge from the post-Covid19 economic crisis.

schedule 14 May 2020

Polish RE lends an even greater hand to fight the pandemic

POLAND More companies have joined # Property4Heroes - the commercial real estate market's initiative to support hospital staff and ambulance crews across Poland. Each day the initiative delivers 1,150 meals to physicians, nurses, paramedics and support personnel.

schedule 07 May 2020

Panattoni to provide PLN 0.5 bln worth of medical supplies

POLAND Warehouse developer Panattoni has allocated PLN 500,000 to buy medical supplies for three Polish hospitals.

schedule 14 April 2020

Landlords underwhelmed by emergency relief

CEE REGION Preliminary CEE investment volumes for Q1 2020 amounted to app. EUR 3.7 bln, despite the onset of Covid-19 in the region in early March – according to Colliers International’s latest research report.

schedule 14 April 2020

Toyota prepares to reopen Polish plants

EUROPE Toyota Motor Corporation has announced the partial resumption of operations in its European manufacturing plants, which have been closed due to the coronavirus epidemic.

schedule 08 April 2020

AFI Braşov now to open in the autumn

ROMANIA AFI Europe Romania has announced that it is rescheduling the opening of its AFI Braşov shopping and entertainment centre due to the pandemic.

schedule 08 April 2020

Aleja opening postponed

SLOVENIA The official opening of the Aleja shopping centre in Ljubljana’s Šiška district has been postponed.

schedule 07 April 2020

BPI opens virtual sales office

POLAND BPI Real Estate Polandis to introduce a virtual sales office for all of its Polish projects.

schedule 07 April 2020

Rent suspension in Sukcesja

POLAND Rent payments have been suspended for all tenants in the Sukcesja shopping centre in Łódź.

schedule 03 April 2020

Retailers join the fight

POLAND The Polish Trade and Distribution Organisation [POHiD], an association of retail chains, are to contribute PLN 15 mln to fight the coronavirus epidemic.

schedule 02 April 2020

Carrefour donates PLN 2 mln to fight pandemic

POLAND The Carrefour Foundation and Carrefour Polska are donating around PLN 2 mln to Polish hospitals for the fight against the coronavirus pandemic.

schedule 01 April 2020

Pay no rent in Sukcesja

POLAND The Sukcesja shopping centre owned by Fabryka Biznesu in Łódź has stopped collecting rents from its tenants.

schedule 31 March 2020

Government takes on board PRCH recommendations

POLAND The range of temporary trading restrictions in Polish retail buildings above 2,000 sqm imposed by the Ministry of Health has been clarified after consultations with the Polish Council of Shopping Centres [PRCH] and the Ministry of Development.

schedule 31 March 2020

Rent holiday for CCC and Ultro tenants

POLAND Dariusz Miłek, the president of footwear and accessories retailer CCC and Ultro Holding, the owner and manager of Cuprum Arena in Lubin and Korona in Kielce, has decided to cancel rent collections from tenants whose outlets have been forced to close during the Covid-19 emergency.

schedule 31 March 2020

Develia fears Covid-19 impact on business

POLAND Wrocław-based developer Develia (formerly LC Corp) has announced that the disruption caused by the pandemic could have a significant and potentially serious impact on the current operations of the company and its groups.

schedule 31 March 2020

Economies rebalance in wake of coronavirus

CEE REGION According to analysis by Colliers International all CEE economies this year are to decline or fall into recession as a result of the coronavirus.

schedule 30 March 2020

Movement and gatherings ban tightened further

POLAND The Polish government has introduced a new directive clarifying the restrictions on movement as part of its measures to combat the Covid-19 pandemic.

Read flipbook version

Edition 6 (299) June 2025

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