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POLAND Warsaw an emerging data centre hotspot - C&W

Technology
Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging European hotspots for data centre development.

The European data centre market has long been dominated by the ‘FLAP-D’ markets (Frankfurt, London, Amsterdam, Paris and Dublin), where more the construction of centres with a capacity of more than 500 MW is underway, but due to physical limitations, including a lack of energy to power the centres, limited stock and the need to be closer to regional users, a number of secondary markets are now emerging.

Berlin has the largest anticipated growth over the next five to ten years, from 45 MW to 199 MW (+342 pct), followed by Reykjavik, Oslo and Warsaw 64 MW to 128 MW (+100 pct). This would also give Warsaw the third largest capacity, above Oslo but below Reykjavik (212 MW) and Berlin.

Warsaw has received considerable interest of late from hyperscalers, developers and across the greater ecosystem, as each determines how best to service Central and Eastern Europe. Warsaw has attracted considerable investment from international companies, headlined by Microsoft’s recent decision to invest over USD 1 bln in local infrastructure, training and cloud services for enterprises and government. Of note is American hyperscale operator Vantage, which plans on entering the market in 2021 with the first phase of a campus that will span 64 MW at full build-out – double the current market size.
Cushman & Wakefield

Prague has also been identified by C&W as an emerging secondary market, which it predicts will have a capacity of 41 MW over the next five to ten years.

Latest news

Investment & finance

Germany Panattoni Park Voerde changes hands

schedule 19 April 2024
Opr./edited by ANZ

Panattoni has completed a sales transaction in Germany. Clarion Partners Europe has acquired a prime logistics hub for EUR 75 mln near Duisburg.

Material partner

Poland Excellent Fern at Off Piotrkowska

schedule 04 April 2024
Eurobuild CEE

Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.

ESG

Poland Outstanding Kreo

schedule 18 April 2024
Opr./edited by ANZ

Kreo, Ghelamco's Kraków office project, has achieved BREEAM certification at the Outstanding level. The building also has a WELL and Green Building Standard pre-certificate, and is also in the process of Smart Score, Wired Score and "Barrier-free building" certification.

Investment & finance

Romania Flats, offices and hotels on the agenda

schedule 18 April 2024
Opr./edited by ANZ

One United Properties has unveiled its strategy for the coming years. It plans to triple its residential offer by 2030, expand its commercial sector and build hotels in Bucharest in partnership with global brands.

Investment & finance

Poland EUR 1.5 bln on acquisitions in Poland

schedule 18 April 2024
Opr./edited by ANZ

Baltisse and Straco Real Estate acquire majority stake in Speedwell, expanding reach into Romania and entering Polish market. Speedwell wants to spend at least EUR 1.5 bln on acquisitions in Poland in the coming years. 

Land acquisitions

Germany More land for Garbe

schedule 18 April 2024
Opr./edited by JC

Garbe Industrial Real Estate has secured another plot of land in Rüdenhausen, Germany. The Hamburg-based project developer is planning a logistics centre with a total area of around 19,200 sqm on the site.

Warehouse & industrial

Poland The warehouse giant in Targówek has woken up

schedule 17 April 2024
Eurobuild CEE

The JV of Partners Group and Peakside Capital Advisors has completed the construction of the first warehouse facility in City Point Targówek. The 7,000 sqm building fully leased to DPD Polska is the part of a complex which will provide nearly 100,000 sqm space in the biggest park of last-mile logistics in the Warsaw boundaries.

Retail & leisure

Poland Good start for Polish retail

schedule 17 April 2024
Opr./edited by JC

Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total.

Residential

Germany Berlin residential market report 2024

schedule 17 April 2024
Opr./edited by ANZ

According to the Berlin 2024 Residential Market Report by real estate financier Berlin Hyp and real estate service provider CBRE, purchase prices have fallen, while pressure on the rental housing market continues to increase. As a result, rental prices are continuing to rise sharply.

Hotels

Germany IHG doubles in Germany

schedule 17 April 2024
Opr./edited by JC

IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almost 100 cities through Holiday Inn – the niu brand collaboration and European debuts for IHG’s Garner and Candlewood Suites.

Warehouse & industrial

Poland Hillwood makes its debut near Poznań

schedule 17 April 2024
Opr./edited by ANZ

Hillwood Polska has started its first investment in the Poznań market. As part of the Hillwood Poznań - Czempiń project, the company is building a warehouse complex of nearly 130,000 sqm.

Retail & leisure

Czech Republic Prague’s Černý Most shopping mall will grow

schedule 16 April 2024
Opr./edited by ANZ

Centrum Černý Most, a shopping centre in the Prague region, is set to undergo a significant expansion of 9,100 sqm that will add over 30 new shops and restaurants, as well as additional screens to the centre’s multiplex cinema.

Office & mixed-use development

Poland The Bridge has gained its height

schedule 16 April 2024
Opr./edited by ANZ

The structure of The Bridge skyscraper in Warsaw's Wola district has reached its final height, i.e. 174 m. The builders have just completed the last technical floor. Installation and finishing works inside the facility and the assembly of the facade are in progress.

Retail & leisure

Poland Glinianka changes hands

schedule 16 April 2024
Opr./edited by JC

Redkom Development sold 100 pct of shares in the company holding the Glinianka complex. The retail park, located near Warsaw, has been bought by CEE-Big Europe.

Warehouse & industrial

Poland The logistics park in Sulechów is ready

schedule 16 April 2024
Opr./edited by ANZ

Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a European members-only online destination for premium and luxury off-price fashion. The building has a total area of 136,000 sqm, which makes it one of the largest logistics centres in the region.

Warehouse & industrial

Germany CTP builds for Quanta

schedule 16 April 2024
Opr./edited by JC

CTP has signed a deal with Quanta Computer, a Taiwanese company that manufactures computers and electronic hardware, for a 22,500 sqm production facility at CTPark Jülich in northwest Germany.

Warehouse & industrial

Poland Fresenius stays with Prologis

schedule 16 April 2024
Opr./edited by JC

Medical company Fresenius Medical Care has renegotiated its lease of 3,900 sqm of warehouse space and 120 sqm of office space in Prologis Park Poznań.

Events

Poland Piotr Kroenke (1950-2024)

schedule 15 April 2024
Eurobuild CEE

We regret to inform you that Piotr Kroenke, long-time general director of GTC and co-creator of many of the company's successes, has passed away.

ESG

Poland BIK Park Sosnowiec II is now BREEAM certified

schedule 15 April 2024
Opr./edited by ANZ

BIK Park Sosnowiec II has successfully passed the BREEAM certification at the Very Good level. Last year, BIK Park Wrocław I and II - two other properties from the portfolio of Biuro Inwestycji Kapitałowych - went through the same assessment process.

Investment & finance

Romania Retail is strong in Romania

schedule 15 April 2024
Opr./edited by JC

According to the special research report Romania Retail Destinations 2024, released by CBRE Romania, by the end of 2024 the stock of modern retail spaces in the country will overpass 4.5 mln sqm. It will set a new record for Romania.

Latest in Technology

schedule 26 January 2024

Symbiotic fit for HB Reavis and HqO

The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experience platform HqO.

schedule 07 December 2023

Saski Crescent has WiredScore Platinum

The renovated Saski Crescent office building has proven to be fully prepared for challenges in terms of technological requirements. The building's full digital connectivity has been confirmed by the highest level of the WiredScore rating – Platinum.

schedule 31 August 2022

Bright Spaces and digital future for CA Immo Hungary

Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.

schedule 26 August 2022

Sharry and Otis bring touchless access to Smíchoff

Sharry and Otis have partnered to provide a contact-free elevator access system that is operated via a mobile app for the Smíchoff office building in Prague.

schedule 17 June 2022

Hyperscale data centre launched in Warsaw

Vantage Data Centers has announced the opening of two hyperscale data campuses – in Warsaw and Berlin.

schedule 12 May 2022

Hi Tech bicycle storage comes to Norblin Factory

A bicycle storage stacking machine has been installed in the Norblin Factory centre in Warsaw, which can hold up to 96 bikes.

schedule 27 October 2021

Workthere comes to Poland

Savills has launched a Polish version of its Workthere online platform to help potential tenants find flexible workspace and optimise how they use their space.

schedule 17 August 2021

Eobuwie rolls out foot scanning app abroad

Online shoe store Eobuwie.pl has just rolled out its esize.me app in service in Bulgaria, the Czech Republic, Greece and Hungary.

schedule 14 June 2021

Atrium work ten times quicker

Atrium Poland Real Estate Management is to work with Pergamin, a Polish startup that allows contracts to be signed with digital signatures. In this way, the leasing of 14 of Atrium’s centres will be up to ten times quicker.

schedule 31 May 2021

Cushman & Wakefield start droning on

Cushman & Wakefield has teamed up with FairFleet to offer drone surveillance services throughout the EMEA as well as across the Asia Pacific region and Canada.

schedule 01 April 2021

Esoleo embraces AI for solar farm

US company AI Clearing is to provide its fully automated construction progress tracking solution for Esoleo, which is building Poland’s largest solar farm on the site of a former brown coal mine in Brudzew in central Poland.

schedule 26 March 2021

Segro becomes part of Proptech Foundation

Segro has joined the Proptech Foundation.

schedule 29 December 2020

AI Clearing raises USD 2 mln in seed funding

AI Clearing, Inc. has raised USD 2 mln in seed funding to accelerate the development – at its R&D centre in Warsaw – of its artificial intelligence system for monitoring the progress of construction projects.

schedule 08 December 2020

Cushman teams up with Future2

Cushman & Wakefield, a leading global real estate services firm, has entered into a partnership with leading proptech advisor Future2.

schedule 03 December 2020

Bicycles come to Norblin

The Norblin Factory complex in Warsaw being developed by Capital Park Group through the renovation and conversion of a former metal plating plant is to have an automated bicycle storage centre created by MA-Sistemas, a Spanish company active in Switzerland, Singapore and Israel.

schedule 01 December 2020

New Work goes digital

Flex office operator has launched an app that allows its clients to make bookings, order additional services and also acts as a communication platform.

schedule 01 December 2020

Echo takes on Blue Bolt

Echo Investment is to introduce the Blue Bolt app, created by Polish software developer NTT, to all its new residential projects.

schedule 19 August 2020

Warsaw an emerging data centre hotspot - C&W

Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging European hotspots for data centre development.

schedule 11 August 2020

Robot blasts germs with UV

The first Polish robot to use UV-C light for disinfection has been put to use in a hospital in Wrocław.

schedule 11 August 2020

Robots replace dinner ladies

The first fully automated canteen in Poland is to open in Sky Tower in Wrocław.

Edition 4 (287) April 2024

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