Polish RE lends an even greater hand to fight the pandemic
Coronavirus
Czech logistics company Hopi has leased 33,910 sqm of warehouse and office space in the P3 Mszczonów warehousing park. The new building will serve as the company’s central warehouse and HQ in Poland.
Skanska has signed a lease agreement with an undisclosed technology company for app. 26,000 sqm of office space and 177 parking spaces in the third office building of its Nowy Rynek mixed-use development in Poznań.
CPI Property Group has sold a majority stake in its facility management division to another Czech company M2C.
Czech industrial developer CTP is to expand CTPark Belgrade North after the acquisition of a 28,500 sqm warehouse and adjacent land from Austrian-based real estate developer Eyemaxx.
Echo Investment has announced that over 2020, it signed 1,570 apartment sales contracts, representing a rise of 16 pct on the 1,357 apartments sold in 2019.
Partners Group has finalised its acquisition of eleven class A office properties from Buma, including two sites under development.
Colliers International Czech Republic has brokered the signing of a lease agreement for a German multinational engineering and technology company in CTPark Bor.
Deka Immobilien has bought the Parkview office building in Prague 4 from its developer Skanska for around EUR 77 mln.
Engineering plastics producer Terez Performance Polymers has leased more than 5,000 sqm of warehousing space at 7R City Flex Rzeszów Airport.
Icelandic asset manager Kaupthing has sold 137.1 ha of land along the D5 motorway near Plzeň to an undisclosed buyer.
Cavatina has announced EUR 206.5 mln in completed transactions over 2020.
Frito Lay Poland, a subsidiary of PepsiCo is selling 5,388 sqm of land and buildings held in perpetual usufruct at ul. Zamojskiego 24/26 in Warsaw.
LPP has started working on the construction of a 75,000 sqm distribution centre in the town of Brześć Kujawski (between Bydgoszcz and Łódź).
European Logistics Investment, with its partner Panattoni, is to develop Kraków V – an 18,300 sqm logistics complex in Skawina near Kraków.
Rhenus Logistics has renewed its lease in Mapletree Park Szczecin and expanded the warehouse space it occupies there to 52,000 sqm.
Square, a residential sector investor and advisor specialising in institutional rental projects, alternative assets and socially responsible investment, has been established. The Warsaw-based company will also soon be launching its first project.
Podium Park B, the second stage of the three-building complex in Kraków, has been completed by Globalworth.
UK supermarket chain is to close all of its Czech stores “temporarily” on January 15th due to the impact of Covid-19 and Brexit, according to the company.
Virginia-based business intelligence giant MicroStrategy is moving its Polish headquarters to the Skyliner office building in Warsaw. The NASDAQ-listed company has leased 3,000 sqm on the first floor of the building, which is currently undergoing finishing work.
Albatros Media, the biggest publishing house in the Czech Republic, is moving its headquarters to the Mayhouse office building in Prague 4.
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.
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.
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.
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.
POLAND Warehouse developer Panattoni has allocated PLN 500,000 to buy medical supplies for three Polish hospitals.
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.
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.
ROMANIA AFI Europe Romania has announced that it is rescheduling the opening of its AFI Braşov shopping and entertainment centre due to the pandemic.
SLOVENIA The official opening of the Aleja shopping centre in Ljubljana’s Šiška district has been postponed.
POLAND BPI Real Estate Polandis to introduce a virtual sales office for all of its Polish projects.
POLAND Rent payments have been suspended for all tenants in the Sukcesja shopping centre in Łódź.
POLAND The Polish Trade and Distribution Organisation [POHiD], an association of retail chains, are to contribute PLN 15 mln to fight the coronavirus epidemic.
POLAND The Carrefour Foundation and Carrefour Polska are donating around PLN 2 mln to Polish hospitals for the fight against the coronavirus pandemic.
POLAND The Sukcesja shopping centre owned by Fabryka Biznesu in Łódź has stopped collecting rents from its tenants.
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.
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.
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.
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.
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.
POLAND The onset of Covid-19 and the worsening labour shortages due to the closure of the border with Ukraine could have a devastating effect on the Polish construction sector and the ability to carry out contracts on time, according to the Polish Association of Construction Employers [PZPB] and the Polish Chamber of Commerce for Roads [OIGD].
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Partners Group has finalised its acquisition of eleven class A office properties from Buma, including two sites under development.
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CPI Property Group has sold a majority stake in its facility management division to another Czech company M2C.
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Echo Investment has announced that over 2020, it signed 1,570 apartment sales contracts, representing a rise of 16 pct on the 1,357 apartments sold in ...
UK supermarket chain is to close all of its Czech stores “temporarily” on January 15th due to the impact of Covid-19 and Brexit, according to the comp ...
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Czech logistics company Hopi has leased 33,910 sqm of warehouse and office space in the P3 Mszczonów warehousing park. The new building will serve as ...