PL

Vantage comes to Łódź

Residential
Vantage Development has announced that it has bought land at auction on ul. Tuwima in Łódź, where it intends to develop around 240 rental apartments.

The company is also to convert old warehouse buildings in the vicinity into retail and service units. The design work is to begin once the final contract, which is worth over PLN 8.5 mln, has been signed. The company is currently looking to recruit a project manager in Łódź. At the beginning of the year the company also entered the market in Poznań with the purchase of four properties.

Latest news

POLAND Eurobuild Awards – we’re still waiting for applications!

schedule 29 October 2020
Eurobuild Conferences

We would like to thank everyone who has already submitted their nominations for the competition or their applications to sit on the Eurobuild Awards 2020 jury. However, due to being inundated with such requests, we are extending the deadline for accepting nominations and jury applications until November 6th, when the online registration system will finally close at 12 noon.

Office & mixed-use development

POLAND Vorwerk to work in Giant Offie

schedule 29 October 2020
Opr./edited by NN

Vorwerk has leased 445 sqm of office and retail space in the Giant Office complex in Poznań.

Warehouse & industrial

POLAND Active Q3 for Panattoni

schedule 29 October 2020
Opr./edited by NN

Panattoni had 1.5 mln sqm of warehouse space under construction across Europe at the end of September.

Office & mixed-use development

POLAND Zebra Tower now fully leased

schedule 29 October 2020
Opr./edited by NN

Markant has leased the last remaining space, 625 sqm, in Zebra Tower in Warsaw.

Warehouse & industrial

CZECH REPUBLIC CTP expands German border park

schedule 29 October 2020
Opr./edited by NN

Czech developer CTP has expanded its industrial park in Aš, right on the German border, by acquiring development plots and a production facility.

Office & mixed-use development

POLAND Hochland relocates to Business Park Poznań

schedule 29 October 2020
Opr./edited by NN

German dairy producer Hochland is to lease more than 1,000 sqm of office space for its Polish subsidiary in Business Garden in Poznań.

Warehouse & industrial

Latvia Eften buys Riga logistics centre

schedule 28 October 2020
Opr./edited by AH

An agreement between Eften Real Estate Fund 4 and Lords LB Baltic Fund III has been signed with Eften to acquire Bergi logistics centre in Riga.

Office & mixed-use development

Poland Building permit for Kupiec Poznański

schedule 28 October 2020
Opr./edited by AH

Building Permission has been granted for the remodelling of the Kupiec Poznański mixed-use complex in Poznań.

Warehouse & industrial

Romania P3 signs up Fashion distributor

schedule 28 October 2020
Opr./edited by AH

Spanish fashion distributor El Grupo Número 1 has leased 3,000 sqm in P3 Bucharest A1.

Warehouse & industrial

Poland Active warehouse investment in Silesia

schedule 27 October 2020
Opr./edited by AH

The investment market in Upper Silesia was particularly active over the first six months of 2020, according to figures from Axi Immo.

Construction

CENTRAL EUROPE Strabag wins EUR 60 mln contract for Polish Embassy in Berlin

schedule 27 October 2020
Nathan North
deputy editor

The Polish subsidiary of Austrian company Strabag has been awarded a EUR 60 mln contract to construct the new Polish Embassy building in Berlin.

Warehouse & industrial

SLOVAKIA ‘Slovak Amazon’ readies for expansion in Bratislava Logistics Park

schedule 27 October 2020
Opr./edited by NN

E-commerce logistics provider Isklad.eu has leased 6,500 sqm at Bratislava Logistics Park in Senec, on the Slovak capital’s north-western outskirts.

Warehouse & industrial

ROMANIA CTP to double its Transylvanian presence

schedule 26 October 2020
Opr./edited by NN

Czech industrial developer CTP is to invest EUR 50 mln in the expansion of CTPark Timișoara I and II.

Investment & finance

POLAND Partners to buy Buma office portfolio

schedule 26 October 2020
Nathan North
deputy editor

Swiss global private equity firm Partners Group is to buy a portfolio of office properties from Kraków-based Grupa Buma for more than EUR 200 mln.

Hotels

UKRAINE Radisson debuts in Odessa

schedule 23 October 2020
Opr./edited by NN

A Radisson hotel is to open for the first time in the Black Sea resort of Odessa.

Investment & finance

POLAND Unfinished landmark on sale again

schedule 23 October 2020
Nathan North
deputy editor

Polish-Russian gas company Europol Gaz has once more put up for sale a 2.27 ha site at ul. Literacka 7 in Warsaw’s Bielany district – on which stands the shell of a large building project that was abandoned in 2002.

Office & mixed-use development

POLAND Segro moves to Centrum Marszałkowska

schedule 22 October 2020
Opr./edited by NN

Segro has relocated its Warsaw office to Centrum Marszałkowska and has also decided to stay longer in the Andersia Tower in Poznań.

Warehouse & industrial

CZECH REPUBLIC Nexen next into CTPark Žatec

schedule 22 October 2020
Opr./edited by NN

Korean tyre manufacturer Nexen Tire Europe has leased 12,000 sqm of warehousing for a central distribution centre in CTPark Žatec in the Ústí nad Labem Region.

Warehouse & industrial

POLAND DSV expands into Panattoni Park Bydgoszcz II

schedule 22 October 2020
Opr./edited by NN

Logistics operator DSV Road has leased 2,366 sqm in Panattoni Park Bydgoszcz II.

Warehouse & industrial

CZECH REPUBLIC Garbe enters Chechia via Chomutov

schedule 21 October 2020
Nathan North
deputy editor

German logistics developer Garbe Industrial Real Estate has entered the Czech market with the acquisition of a brownfield site in Chomutov, where it plans to develop a 32,000 sqm industrial project.

Latest in Residential

schedule 15 October 2020

Yareal looks on the positives

Yareal is starting construction of the second stage of its Pozytywny Mokotów development in Warsaw.

schedule 28 September 2020

Echo reveals plans to transform Kabaty

Echo Investment has unveiled its ‘city-forming’ concept for a multifunctional complex to replace the Tesco shopping centre in Warsaw’s Kabaty district.

schedule 08 September 2020

Cordia enters UK with Blackswan buy

Cordia has acquired UK residential developer Blackswan Property in its first investment in the UK market.

schedule 08 September 2020

RoseVille ready to bloom

Atenor has announced that it has received the final building permit for its RoseVille office development in Budapest District III.

schedule 01 September 2020

Resi4Rent opens first Warsaw location

The first Resi4Rent building in Browary Warszawskie (the Warsaw Brewery) mixed-use development in Warsaw has been issued with an occupancy permit.

schedule 01 September 2020

Echo hits the Reset button for the second time

Echo Investment has received a valid occupancy permit for the second stage of the Reset residential estate on ul. Taśmowa in Warsaw’s Służewiec district.

schedule 21 August 2020

Bonarka Living for families and students

Echo Investment has secured a building permit for its Bonarka Living residential estate in Kraków.

schedule 06 August 2020

Penta given go-ahead for Nuselský Pivovar

A planning permit has been issued for Penta Real Estate’s The Residence Nuselský Pivovar development in Prague’s Nusle district.

schedule 04 August 2020

Second sales for KRK underway

Sales have begun for the apartments in the second stage of the KRK estate, which is being developed by Echo Investment in Krakow’s Bronowice district, has started.

schedule 28 July 2020

Historic homes worth their weight in gold

Ghelamco has reported a y-o-y increase of 250 pct in sales in in Q2 2020 for its Foksal 13/15 luxury apartment project in central Warsaw.

schedule 15 July 2020

Resi4Rent taking off in Wrocław

Less than a year after the first buildings of the Resi4Rent Wrocław Rychtalska project came into use they are now 95 pct leased, while half of the company’s newly opened complex on ul. Mieszczańska is also rented out.

schedule 15 July 2020

Aurec opens sales for Włochy estate

Aurec Home has launched the sales process for the 163 apartments in the first stage of its Miasteczko Jutrzenki estate in Warsaw’s Włochy district.

schedule 13 July 2020

Echo Investment on course to sell 1,600 homes in 2020

Echo Investment sold 653 apartments in H1 2020, beating its figures for the same period last year.

schedule 03 July 2020

Cordia cashes in EUR 38 mln from Polnord takeover

Cordia is set to make a profit of EUR 38.2 mln (app. PLN 170.4 mln or HUF 13.6 bln) from its acquisition this year of a 93 pct stake in Polish residential developer Polnord.

schedule 03 July 2020

Echo restores life to 19th century Wrocław palace

Echo Investment has completed the renovation of the historic palace within its Ogrody Graua residential development in Wrocław, which now contains eight luxury apartments for sale.

schedule 17 June 2020

FRI-EL Building builds Ateneo Timișoara

ROMANIA Italian investor FRI-EL Building is to invest EUR 80 mln in developing Ateneo Timișoara, which with 1,300 apartments is currently the biggest residential project under development in the western part of Romania.

schedule 15 June 2020

Aurec to build 800 apartments in Ursus

POLAND Aurec Home has completed the purchase of a 2.5 ha site on ul. Dyrekcyjna in Warsaw’s Ursus district, where the company is planning to build an estate with around 800 apartments, as well as commercial, food and service space.

schedule 08 June 2020

Many more PRS apartments in the pipeline

POLAND Two companies have recently announced their plans for investing on the PRS market.

schedule 08 June 2020

Foksal townhouses finally restored to former glory

Ghelamco has brought back into use two historic townhouses at ul. Foksal 13/15 in central Warsaw after extensive renovation and restoration work.

schedule 05 June 2020

Vantage comes to Łódź

Vantage Development has announced that it has bought land at auction on ul. Tuwima in Łódź, where it intends to develop around 240 rental apartments.

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