Polish RE lends an even greater hand to fight the pandemic

Coronavirus
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.
The latest names to join the initiative are CA Immo, Capital Park Group and Savills Investment Management, who join existing members CPI Property Group, Echo Investment, EPP, Ghelamco, Globalworth, Griffin Real Estate, HB Reavis, Immofinanz, Invesco Real Estate, Panattoni , Skanska and Vastint. In a joint statement, representatives of the companies taking part in # Property4Heroes have announced: “This is a clear sign that companies that normally compete with each other are able to join f
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Latest news

Warehouse & industrial

Poland Hillwood grows in Tri-City

schedule 17 February 2025
Opr./edited by JC

Hillwood has expanded its Polish portfolio with a logistics park spanning nearly 43,000 sqm in the eastern part of Gdańsk.

Warehouse & industrial

Czech Republic Low completions, rising vacancy

schedule 17 February 2025
Opr./edited by JC

According to the quarterly survey conducted by Colliers, the Q4 of 2024 did not bring any significant change to the Czech industrial and logistics real estate market.

Warehouse & industrial

Czech Republic CTP sparks development for Hitachi

schedule 17 February 2025
Opr./edited by JC

CTP has launched a development project for Hitachi Energy at CTPark Brno. Phase I of the high-voltage products factory will involve the construction of a 50,000 sqm facility.

Warehouse & industrial

Poland Delta expands in Silesia

schedule 14 February 2025
Opr./edited by JC

Delta Trans Group has decided to expand its leased space at the Hillwood Ruda Śląska complex by an approx. 9,300 sqm. The logistics operator will now use a total of 27,000 sqm.

Office & mixed-use development

Poland Coworking with a view

schedule 14 February 2025
Opr./edited by JC

AND2, the tallest building in Poznań, is gaining a new tenant. BeIN Offices will offer coworking space located on two storeys, with a view of the city skyline.

Retail & leisure

Poland At the height of luxury

schedule 13 February 2025
Opr./edited by JC

According to the latest report “At a Glance: Modern Retail Market in Poland, Q4 2024” from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015.

Office & mixed-use development

Hungary ARM chooses Millennium

schedule 13 February 2025
Opr./edited by JC

ARM Processors has chosen Millennium Gardens as its new office in Budapest. The company will occupy over 3,400 sqm of premium office space in the complex.

Office & mixed-use development

Romania Office market grows in Cluj-Napoca

schedule 13 February 2025
Opr./edited by JC

In 2024, nationwide, companies leased modern office space outside Bucharest with a total area of 63,024 sqm, including both new office space leases and contract renegotiations, according to an analysis conducted by Fortim Trusted Advisors.

Residential

Poland New PRS investment in Warsaw

schedule 12 February 2025
Opr./edited by JC

Matexi Polska has announced a new investment in Warsaw's PRS, aimed at meeting growing investor demand for bulk apartment purchases. The project will be located on Aleje Jerozolimskie.

Retail & leisure

Czech Republic Largest growth in the last 15 years 

schedule 12 February 2025
Opr./edited by ANZ

In 2024, nearly 80,000 sqm of new, modernized, or expanded retail parks were completed in the Czech Republic, now totaling 1.3 mln sqm of retail space – almost a third of the total retail space capacity on the market. 

Warehouse & industrial

Poland HD Cosmetics with a new headquarters in MLP Zgorzelec

schedule 12 February 2025
Opr./edited by ANZ

Distributor of clothing, cosmetics, and hygiene products has joined the tenants of the modern MLP Zgorzelec logistics centre. HD Cosmetics will occupy approx. 1,400 sqm of space.

Warehouse & industrial

Czech Republic A record 1.5 mln sqm of space under construction

schedule 12 February 2025
Opr./edited by ANZ

According to the Savills European Industrial and Logistics Occupier Markets report, the industrial real estate market is expected to experience a breakthrough year, potentially leading to a significant market recovery. 

Office & mixed-use development

Poland Stable demand and investment recovery

schedule 11 February 2025
Opr./edited by ANZ

Cushman & Wakefield has summarised the situation in Poland’s largest office markets at the end of 2024. Leasing activity in both Warsaw and regional cities remained at 2023’s levels, while development activity continued to stagnate. By contrast, the capital market experienced a rebound, with the office investment volume rising to EUR 1.64 bln and Warsaw recording a more than threefold increase.

Investment & finance

Ukraine Arcona  acquires a development site in Ukraine 

schedule 10 February 2025
Opr./edited by ANZ

Arcona Property Fund has completed the acquisition of a development site in the central Kyiv, the capital of Ukraine. The seller is AIM London-listed Secure Property Investment and Development PLC (SPDI). This is thought to be the first real estate acquisition by a Western private fund in Ukraine since the Russian invasion of 2022.

Exclusive
Investment & finance

Poland Nepi invests in leading properties

schedule 10 February 2025
Magda Rachwald

Last year, Nepi Rockastle bought Magnolia Park in Wrocław and Silesia City Center in Katowice, properties with a total area of almost 190,000 sqm. We talk to Tomasz Górski, regional asset manager at Nepi Rockastle, about the transactions worth a total of almost EUR 780 mln as well as Nepi's strategy.

Office & mixed-use development

Poland From coworking to its own office

schedule 10 February 2025
Opr./edited by ANZ

The company, which specialises in IT, finance and legal advice, has moved from the The Shire co-working space in the Warsaw Spire office building to an office in The Warsaw Hub. The tenant occupies approx. 900 sqm.

Construction

Poland 2025 looks optimistic for the construction companies

schedule 10 February 2025
Opr./edited by ANZ

According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction groups in 2023 amounted to PLN 152 bln, which accounted for more than 60 pct of the revenues of the entire sector of medium and large construction companies. 

Investment & finance

Europe Billions for data centres

schedule 07 February 2025
Opr./edited by ANZ

Data4 is raising EUR 3.3 bln in funding for the further development of the company across Europe, including the advancement of projects in Poland.

Investment & finance

Romania Lions’ Head acquires a 15-ha plot near Bucharest

schedule 07 February 2025
Opr./edited by ANZ

Lion’s Head, a real estate investment fund currently owning assets in Romania and Bulgaria, has acquired a 15-ha plot in Popesti Leordeni. The transaction marks the expansion of Lion's Head in the Romanian industrial market, as well as its debut in the real estate development segment.

Investment & finance

Bułgaria Revetas sells shopping centre in Sofia

schedule 07 February 2025
Opr./edited by ANZ

Revetas Group has sold the Park Center Sofia shopping complex to TSH Investment, a joint venture between Trinity Capital and Hus Invest. The terms of the deal have not been disclosed.

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.

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Edition 1 (295) January 2025

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