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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

Warehouse & industrial

HUNGARY VGP enters Budapest market

schedule 18 October 2021
Opr./edited by NN

Czech-based industrial developer VGP has entered the Budapest market by purchasing a 38 ha development site in Üllő, adjacent to Budapest Ferenc Liszt International Airport.

Green projects

POLAND Excellent news for Panattoni in Świebodzin

schedule 18 October 2021
Opr./edited by NN

A BTS development that has recently been completed by Panattoni in Świebodzin with an area of 200,000 sqm has been awarded a BREEAM New Construction ‘Excellent’ certificate.

Events

POLAND ESG - environmental strategy in practice or a catchy marketing slogan?

schedule 15 October 2021
Eurobuild Conferences

Experts on environmental issues are increasingly keen to emphasise how important it is to adopt a practical approach aimed at effectively protecting the climate and the environment. The time for talking about this issue is over and we now have to put our words into practice. The clock is ticking and so we cannot remain indifferent in the face of the climate crisis.

Events

In search of new lands

schedule 15 October 2021
Eurobuild Conferences

The impressive growth rate and astronomical profits generated by the warehouse and logistics sector are attracting more and more new players to the industry, who are entering the game completely without any inhibitions. The only question is, are there any New Worlds left to be discovered in the warehouse market?

Investment & finance

POLAND EUR 111 mln refinancing loan for ELI

schedule 14 October 2021
Opr./edited by NN

European Logistics Investment (ELI) has secured an EUR 111 mln loan agreement with Berlin Hyp for the refinancing of four logistics projects in Poland.

Warehouse & industrial

CZECH REPUBLIC Saint-Gobain reaches 10,000 in Panattoni Hořovice

schedule 14 October 2021
Opr./edited by NN

French multinational Saint-Gobain has expanded the space it leases in Panattoni Park D5 Hořovice in Central Bohemia.

Warehouse & industrial

POLAND LPP takes 64,000 sqm in Panattoni Park Tricity South II

schedule 14 October 2021
Nathan North
deputy editor

Polish clothing group LPP is to occupy app. 64,000 sqm in two new Panattoni Park Tricity South II buildings, where it will begin operations in April 2022.

Warehouse & industrial

Poland GLP starts work on Wrocław V

schedule 13 October 2021

GLP has commenced work on the GLP Wrocław V Logistics Centre, the largest warehouse project underway in the Wrocław urban area.

Office & mixed-use development

Poland Medicover stays in Green Horizon

schedule 13 October 2021

Medicover, one of the largest private health providers in Poland, has prolonged its lease and is to offer a wider range of services in the Green Horizon office building in Łódź.

Retail & leisure

Poland Jysk in Homepark Targówek

schedule 13 October 2021

Jysk has leased 1,500 sqm in the Homepark Targówek retail park in Warsaw.

Office & mixed-use development

Poland JLL to lease Craft

schedule 13 October 2021

JLL has been appointed leasing agent for Ghelamco's Craft office building in Katowice.

Investment & finance

POLAND EBRD loans EUR 72 mln to DL Invest for green sheds

schedule 11 October 2021
Opr./edited by NN

The European Bank for Reconstruction and Redevelopment has provided a EUR 72 mln loan to Polish real estate investor DL Invest Group.

Warehouse & industrial

ROMANIA CTP buys Olympian portfolio

schedule 11 October 2021
Opr./edited by NN

Czech industrial developer CTP has acquired 153,000 sqm of warehousing space for an undisclosed sum from Olympian Parks, in Brașov in Transylvania, in Timișoara in western Romania and on Bucharest’s southern outskirts.

Investment & finance

BULGARIA Park Lane Office Center sold for EUR 49 mln

schedule 11 October 2021
Nathan North
deputy editor

Business software specialist SAP has acquired the Park Lane Office Center in Sofia from Park Lane Developments for EUR 49 mln.

Warehouse & industrial

POLAND Savills IM buys A2 Warsaw Park for EUR 112.5 mln

schedule 11 October 2021
Nathan North
deputy editor

Savills Investment Management, on behalf of its Savills IM European Logistics Fund 3, has acquired A2 Warsaw Park from Invesco Real Estate for EUR 112.5 mln.

Events

POLAND Recruitment, wages, benefits – how they do it in warehouses

schedule 11 October 2021
Eurobuild Conferences

The warehouse sector has emerged unscathed from the pandemic, and in Poland the volume of investment and the number of investors continues to grow – and thus the number of jobs generated by the sector is also increasing. Employees have nothing to complain about in terms of the stability of their contracts and salary levels, but what does all this look like from the employers’ point of view? Find out at Eurobuild’s 17th Warehouse and Logistics Conference!

Warehouse & industrial

POLAND Panattoni set to start on Bolesławiec park

schedule 08 October 2021
Opr./edited by NN

Construction work is to start this month on Panattoni Park Bolesławiec in Lower Silesia, which will comprise 50,000 sqm.

Warehouse & industrial

POLAND North Coast switches to MLP Pruszków II

schedule 08 October 2021
Opr./edited by NN

Polish food products distributor North Coast has leased 2,500 sqm in MLP Pruszków II.

Investment & finance

POLAND Echo sells Moje Miesjce I for EUR 47.3 mln

schedule 08 October 2021
Nathan North
deputy editor

Echo Investment has sold the Moje Miejsce I office building in Warsaw for EUR 47.3 mln to an undisclosed institutional investor operating on the real estate market.

Residential

POLAND Atrium buys first resi-for-rent projects – in Poland

schedule 06 October 2021
Nathan North
deputy editor

Atrium European Real Estate has announced that it has signed its first two residential transactions, for two properties with around 650 apartments for rent in Warsaw and Kraków – for a combined EUR 53 mln.

Latest in Technology

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.

schedule 20 July 2020

Symbiotic and smart for BP in Agora

HB Reavis has introduced its Symbiosy smart office system into petro-giant BP’s new global businesses services unit in the Agora building in Budapest.

schedule 29 June 2020

Investment set to rise in home office tech

As many as 88 pct of EMEA occupiers intend to invest more in technology designed specifically to aid home working, according to CBRE’s 2020 EMEA Occupier Flash Survey.

schedule 25 June 2020

Pandemic to speed up digitalisation

During the pandemic digitisation has become fundamental to business development and stability, according to the findings of the “Omnichannel – from evolution to revolution. A look at the pandemic” report by Colliers International.

schedule 28 May 2020

Colliers installs Office App in Poland

POLAND Colliers International is to introduce the Dutch smart office system Office App to the office buildings it manages in Poland.

schedule 29 April 2020

Smart roofs for 7R

POLAND Polish warehouse developer7R is to introduce the Smart Roof system, developed by Sense Monitoring, to one of its parks.

schedule 15 April 2020

Echo recruits Aurelia for home sales

POLAND Echo Investment has launched a virtual customer assistant, Aurelia, for residential consultations.

schedule 24 March 2020

Automated warehousing by MW

POLAND MW, a company that is 60 pct owned by M.B.B Logistics and 40 pct owned by Wing Sing Supply Chain, has created a robot management system, which uses machine learning to improve its order processing operations over time.

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