PL

POLAND ISOC takes all of Silesia Business Park

Office & mixed-use development
POLAND Philippines-based ISOC Group has bought buildings A and B of Silesia Business Park in Katowice from a fund managed by NIAM.

With this purchase, ISOC has become the sole owner of the entire four-building park after having already acquired buildings C and D (which together total 24,700 sqm gla) in December 2018 from Skanska. In total, the park comprises almost 50,000 sqm gla.

The buyer was advised by Colliers International, Hogan Lovells, Baker McKenzie, CSWP, Arcadis and Infinity Partners, while the seller was represented by CBRE, Linklaters and EY.

Debt financing for the needs of the transaction was organised and granted by a banking syndicate comprising Santander Bank Polska (the agent) and Bank Millennium. The banks were represented by law firm Dentons.

Latest news

ESG

Poland Craft is truly Outstanding

schedule 12 July 2024
Opr./edited by JC

The Craft office building, developed by Ghelamco in Katowice, has obtained BREEAM certification with the rating of Outstanding.

Material partner

Croatia Exclusive Auction: Unique Investment Opportunity in Istria

schedule 12 June 2024
Eurobuild CEE

Colliers, in partnership with Illyrian Land Funds, is announcing an exclusive auction for a prime development land site in Istria, Croatia. This property, covering 1,603,903 sqm, is ideal for a mixed-use resort development near Vodnjan, a charming town in Istria, Croatia's top tourist region. The site is just a 15-minute drive from the seafront

Warehouse & industrial

Poland TPL Logistic grows in Błonie

schedule 11 July 2024
Opr./edited by JC

TPL Logistic has expanded its presence at P3 Błonie park by leasing nearly 3,700 sqm warehouse and office space. This addition increases their total occupied space in the park to 5,000 sqm across two warehouses.

Investment & finance

Poland LifeSpot wants to expand

schedule 11 July 2024
Opr./edited by JC

LifeSpot, owned by funds managed by Ares Management and Griffin Capital Partners, has secured access to further capital from both parties. The investment will be used to support the development of rental housing and expand the platform’s presence within Poland’s private rental sector.

Retail & leisure

Romania Food market to open at One Gallery

schedule 10 July 2024
Opr./edited by JC

One United Properties announced the lease of a retail space with a GLA of 3,600 sqm on the ground floor of One Gallery building, including terraces and storage spaces. The contract has been signed with Tomcat Hospitality.

Warehouse & industrial

Poland Sport-Shop takes up 13,000

schedule 10 July 2024
Opr./edited by JC

Panattoni has launched construction work on a new centre – Panattoni Park Bieruń I. The project has an area of almost 20,000 sqm and it has already found the first tenant.

Office & mixed-use development

Poland Full insurance at B4B

schedule 09 July 2024
Opr./edited by JC

Bonarka for Business "B4B", office complex located in Kraków, has secured a new lease with ZUS (The Social Insurance Institution). The company has leased 2,400 sqm office space in building D.

Warehouse & industrial

India Panattoni debuts in India

schedule 08 July 2024
Opr./edited by JC

Panattoni has announced the groundbreaking ceremony of Panattoni Park NH71 in Delhi NCR. This project marks Panattoni's strategic entry into the Indian market.

Investment & finance

Poland Xior has bought LivinnX

schedule 08 July 2024
Opr./edited by JC

On behalf of private investors, together with CA Ventures and Golub & Co., Savills has completed the sale of LivinnX, a PBSA building in Kraków. The buyer is Xior.

Warehouse & industrial

Romania Crane is moving to Arad

schedule 08 July 2024
Opr./edited by JC

Crane ChemPharma & Energy has secured a lease for 3,000 sqm of production space within Industra Park Arad in Romania, developed by Oresa Industra. The global industrial manufacturer is a subsidiary of Crane Company.

Investment & finance

Czech Republic Czech crowns from Accolade

schedule 08 July 2024
Opr./edited by JC

Accolade has become the first issuer of green bonds in the Czech currency. Initially, the planned issue of CZK 1.5 billion was sold out within a week, which is why the company decided to double the volume.

Investment & finance

Poland New player on the Warsaw PBSA market

schedule 04 July 2024
Opr./edited by ANZ

BPI Real Estate Poland, in cooperation with Acteeum Group, has sold a plot of land in Warsaw to Romanian-Belgian developer Speedwell. The transaction inaugurates Speedwell's activities on the Polish real estate market. The company will develop its first private student house in Poland.

Warehouse & industrial

Poland Panattoni Park Koluszki is fully leased

schedule 03 July 2024
Opr./edited by JC

Panattoni has completed the commercialisation of Panattoni Park Koluszki and launched work to extend the centre by 14,000 sqm. Current tenants, Kamoka and Pet Republic, have taken the decision to lease the additional space.

Office & mixed-use development

Czech Republic The New Danube House

schedule 03 July 2024
Opr./edited by ANZ

CA Immo starts refurbishment of Danube House office building in Prague. It will be extensively renovated to high design standards that put people at the centre. Construction is set to begin in Q4 2024, and full operations will commence in Q1 2026.

Warehouse & industrial

Romania Cummins is not moving out

schedule 03 July 2024
Opr./edited by JC

CTP announces the extension of the contract for 17,000 sqm of space at CTPark Craiova with Cummins Generator Technologies, a provider of power solutions.

Investment & finance

Czech Republic Komerční banka sales iconic Wenceslas Square office building

schedule 03 July 2024
Opr./edited by ANZ

The City of Prague has purchased the historic building at Václavské náměstí 42 for more than CZK 3.3 bln (EUR 131 mln). Prague intends to move several hundred of its officials from various locations into the office building. The seller was Komerční banka.

Warehouse & industrial

Germany P3 on shopping spree

schedule 03 July 2024
Opr./edited by JC

P3 has announced the acquisition of a fully occupied logistics real estate portfolio, covering 269,000 sqm, from VIB Vermögen. The parties have agreed not to disclose the purchase price.

Retail & leisure

Romania The shopping basket analyzed in Romania

schedule 02 July 2024
Opr./edited by ANZ

Romanians spent EUR 36 bln in large retail chains, an amount 11 pct higher compared with 2022, out of which the FMCG spending accounted for EUR 22.5 bln (more than 60 pct share), according to the Romania Retail Snapshot 2024 performed by the Cushman & Wakefield Echinox, based on the financial results of 116 companies from 12 different retail segments.

Investment & finance

Poland Refield sells a package of retail properties

schedule 02 July 2024
Opr./edited by ANZ

Two more retail parks, Pasaż Kępiński and Pasaż Grodziski, have passed into the hands of investment fund Falcon Investment Management. Earlier, the fund acquired Pasaż Golubsko-Dobrzyński in 2022. The total value of the transaction amounts to more than PLN 150 mln.

Warehouse & industrial

Poland Much more space in Magnice

schedule 01 July 2024
Opr./edited by JC

Panattoni has reached another milestone in the development of Wrocław South Logistics Hub. As a result of a new contract, one of its current tenants is to increase the size of its leased space by an additional 125,000 sqm.

Latest in Office & mixed-use development

schedule 09 July 2024

Full insurance at B4B

Bonarka for Business "B4B", office complex located in Kraków, has secured a new lease with ZUS (The Social Insurance Institution). The company has leased 2,400 sqm office space in building D.

schedule 03 July 2024

The New Danube House

CA Immo starts refurbishment of Danube House office building in Prague. It will be extensively renovated to high design standards that put people at the centre. Construction is set to begin in Q4 2024, and full operations will commence in Q1 2026.

schedule 20 June 2024

Natek Poland opens Wrocław office

IT and outsourcing supplier Natek has opened a new 600 sqm office in the Infinity building in Wrocław.

schedule 19 June 2024

TCS chooses Wola Center

A new tenant, an IT company Tata Consultancy Services, has moved into the Wola Center building in Warsaw. At the same time, the owner of the complex, Hines European Value Fund, extended its contract with FaktorOne.

schedule 18 June 2024

Two new tenants for America House

America House has added two financial services companies – VSR and Ebury – to its tenant mix. Together, they have leased a combined 1,500 sqm of office space.

schedule 14 June 2024

Colossyan moves into Academia

Colossyan, a startup developing an AI-based video generation platform, has signed a lease agreement for 1,000 sqm offices at Academia Offices in Budapest.

schedule 12 June 2024

Hanza Tower gets flexible

International Workplace Group, a global provider of hybrid working solutions with brands including Spaces and Regus, is opening a flexible workspace in Szczecin. It's the company's 30th location in Poland.

schedule 11 June 2024

Dot Park welcomes more technology

A new tenant of the Dot Park office complex is Webcon, a provider of business process automation systems and low-code technology. The company has leased 1,615 sqm of space in the building.

schedule 06 June 2024

Skyliner has a new tenant

Warsaw's Skyliner office building owned by Karimpol Polska will become the new headquarters of Process Solutions. The tenant will occupy approximately 1,000 sqm on the third floor and will move into the new office in early 2025.

schedule 06 June 2024

It's such a Puzzle

Puzzle Office is a new serviced offices operator and a new place on the office map of Warsaw. Located at Fabryka Norblina, it offers nearly 3,900 sqm of for lease on a single floor.

schedule 24 May 2024

High tech in Skyliner

Warsaw's Skyliner has gained a new tenant. Xperi, an American technology company, will occupy nearly 3,000 sqm of space in the office building.

schedule 23 May 2024

Hila takes off in Prague

Passerinvest Group symbolically launched the construction of the multifunctional Hila building in Brumlovka, Prague 4. Upon its completion in 2027, the building will provide a combination of approximately 20,500 sqm of offices for rent, 71 rental flats and retail spaces of 2000 sqm.

schedule 23 May 2024

Vitrum to be handed over in autumn 

Liget Center Vitrum, part of Wing Liget Center multi-building project developed by Wing in the centre of Budapest, is structurally complete. The new boutique office be completed in the autumn.

schedule 22 May 2024

Mercer isn't moving out

Global firm Mercer, part of the Marsh McLennan Group, has renegotiated its lease at the myhive Nimbus building and remains at 7,300 sqm.

schedule 21 May 2024

Batory I is fully let

ZST (Zintegrowane Systemy Techniczne) has increased the size of its head office in the Batory I office building. As a result of the expansion, the Warsaw office building owned and managed by Globalworth Poland is now fully leased. 

schedule 21 May 2024

Some Oxygen for IT company

LSI Software, a provider of IT systems that enhance operations and business management, has become a new tenant of the Oxygen Park office complex in Warsaw.

schedule 20 May 2024

Baskerville gets independent

Baskervill, an international architectural, engineering, and design firm, opened up its office in Gdańsk. A 200-sqm space is located in Officyna building.

schedule 20 May 2024

House of Skills is staying at Bolero

Consulting and Training Consortium, owner of House of Skills and e-learning.pl brands, has extended its lease at Bolero Office Point 1 in Warsaw. The new lease agreement provides the entire organization with 900 sqm of office space that has been signed through 2030.

schedule 17 May 2024

UBC II will be modern again

Atenor, the Belgian developer responsible for the Lakeside development in Warsaw's Mokotów district, intends to renovate the neighbouring UBC II building. The project received planning permission in March this year.

schedule 16 May 2024

Axi Immo stays in the tower

Axi Immo has decided to extend its existing lease and add new space for its growing business lines in Warsaw's Spektrum Tower office building.

Edition 6 (289) June 2024

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