Polish RE lends an even greater hand to fight the pandemic

Coronavirus

14 May 2020

Nathan North
managing editor (English section)

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

Retail & leisure

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Opr./edited by AH

Commercialisation is underway for a retail park under development by Redkom Development in Białystok with around 14,000 sqm gla.

Investment & finance

Poland Investment recovers

Opr./edited by AH

After a moderate start to the year, Q2 brought a revival to the investment market. However, total transaction volume remains below the 2020 average, according to Savills Polska's 'Investment Market in Poland in H1 2025' report.

Investment & finance

Europe DL Invest raises EUR 350 mln with bond issue

Opr./edited by AH

DL Invest Group has completed its first public Eurobond issue, raising EUR 350 mln. The funds will be used for refinancing and further development.

Office & mixed-use development

Germany Sonar takes on three buildings

Opr./edited by AH

Sonar Real Estate has taken over the commercial management of three office buildings in Düsseldorf's Medienhafen district. The total combined leasable area of the Alto, Largo, and Float buildings comes to around 88,000 sqm.

Warehouse & industrial

Poland P3 signs up DeFelt

Opr./edited by AH

DeFelt, a company that specialises in the use of PET felt for acoustics and interior design, has joined the tenants of P3 Wrocław City with a lease of around 2,500 sqm.

Office & mixed-use development

Poland Four leases in Globis

Opr./edited by AH

GTC has signed four new leases and two lease extensions for space in the Globis Wrocław office building. The agreements total over 2,100 sqm.

Investment & finance

Poland Develia buys Bouygues Immobilier

Opr./edited by AH

Develia has completed the acquisition of a 100 pct stake in Bouygues Immobilier Polska for EUR 65.9 mln, which will allow the company to further expand its operations in Warsaw, Poznań and Wrocław.

Human resources

Europe Panattoni bets big on data centres

Opr./edited by AH

Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists have been hired to implement the project.

Warehouse & industrial

Germany Garpa comes to Lüneburg

Opr./edited by AH

Garbe Industrial has fully leased its logistics property in Lüneburg (Lower Saxony), which is still under construction. Garden furniture manufacturer Garpa will move into the 20,000 sqm centre on October 1st this year.

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Czech Republic Accolade buys Garbe Park České Budějovice

Opr./edited by AH

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Office & mixed-use development

Poland H+H enters North Gate

Opr./edited by AH

Two tenants have leased space in the North Gate building in Warsaw. H+H Polska has leased the entire eleventh floor with an area of 840 sqm, while a well-known currency exchange has taken a unit of 30 sqm on the ground floor.

Warehouse & industrial

Poland LIT grows in Fortress Zabrze

Opr./edited by AH

LIT Logistyka Polska, one of the largest tenants at Fortress Logistics Park Zabrze, has decided to lease an additional 5,670 sqm of warehouse space, bringing its total area in the park to over 17,000 sqm, less than a year after launching operations in the complex.

Investment & finance

Poland 7R purchases 1.4 ha

Opr./edited by AH

7R has finalised the purchase of a 1.4 ha plot in Stara Wieś (between Warsaw and Białystok), where it intends to build a warehouse and logistics park.

Warehouse & industrial

Poland Media Expert comes to MLP Poznań

Opr./edited by AH

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Property and Facility Management

Poland Savills to manage for Yareal

Opr./edited by AH

Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, D and E of the Lixa complex, the Wspólna 47/49 office building and the service section of the Soho by Yareal development.

Poland Well comes to Panattoni

Opr./edited by AH

Panattoni has been awarded a Well ‘Gold’ certificate for the office section of a BTS project in Gliwice. This is the first such certificate awarded in Poland for office space in an industrial facility.

Warehouse & industrial

Poland TriCity takes strong position on warehouse market

Opr./edited by AH

According to Avison Young, due to its strong foundations and sustained demand, the TriCity remains a thriving logistics market. Its easy access to ports, its road and rail connections and its proximity to Northern and Eastern Europe markets make it an attractive region for investors.

Warehouse & industrial

Poland Factory to be built in Iława

Opr./edited by AH

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Warehouse & industrial

Poland Komfort comes to Hillwood Łowicz South

Opr./edited by AH

Home furnishings retailer Komfort is the latest tenant to join the Hillwood Łowicz South complex with a lease of 30,000 sqm.

Retail & leisure

Romania Another tenant for FunShop Park Ploiești

Opr./edited by AH

FunShop Park in Ploiești has expanded its tenant base with Supeco, a discount store from the Carrefour group. The new tenant has signed a lease for 1,300 sqm and the store is to open in Q3 2025.

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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.

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.

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.

Toyota prepares to reopen Polish plants

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AFI Braşov now to open in the autumn

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Aleja opening postponed

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BPI opens virtual sales office

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

Rent suspension in Sukcesja

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

Retailers join the fight

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Carrefour donates PLN 2 mln to fight pandemic

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Pay no rent in Sukcesja

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Government takes on board PRCH recommendations

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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.

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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.

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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