Eurobuild CEE
The new issue of Eurobuild is already here, with the first summaries of the passing year, numerous interviews and reports from market events: our annual warehouse and office conferences and from Expo Real 2024 in Munich.
Material partner
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure expansion often requires the development of greenfields, with adverse impacts on both local ecosystems and communities. A sustainable alternative is to revitalise brownfield urban sites, as exemplified by City Point Targówek, a project led by Peakside Capital Advisors.
Office & mixed-use development
According to a report 'Office Market in Warsaw in Q1-Q3 2024', published by Axi Immo, developer activity in the Warsaw office space market is progressively increasing. More than 70,000 sqm finished by the end of September 2024 and around 280,000 sqm under construction in the coming years, demonstrate that investors and developers are moving the industry forward.
Office & mixed-use development
GTC, in collaboration with The Shire Beyond Coworking, is opening a new coworking space in Kraków's Korona Office Complex.
Hotels
S Immo has successfully completed a sale of the Juliš Hotel in Prague, with a total leasable area of around 6,700 sqm.
Warehouse & industrial
Panattoni has been granted a loan for the development of a new distribution centre for a leading retailer. The EUR 36.5 mln loan was granted by BNP Paribas.
Office & mixed-use development
Strabag PFS has moved into the Eurocentrum Alfa office building in Warsaw, owned by CPI Property Group Poland. The lease agreement is for over 1,000 sqm.
Office & mixed-use development
According to “Office Occupier – Warsaw Office Market, Q1-Q3 2024”, a report published by Newmark Polska, in the Q3 of 2024, both leasing and development activity on the Warsaw office market remained largely consistent with the levels recorded in the previous quarter.
Warehouse & industrial
Panattoni Saudi Arabia and Bahrain-based GFH Financial Group (GFH) have today announced the creation of a strategic partnership for the development of 500,000 sqm of logistics facilities in Saudi Arabia.
Investment & finance
Warimpex Finanz- und Beteiligungs has sold its last remaining project in Russia, the Airportcity St. Petersburg, and is therefore no longer active in the Russian market.
Retail & leisure
The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging period. The study includes responses from over 60 global retailers with a store network of over 130,000 locations, and shows that 71 pct of retailers planning to increase their number of physical stores intend to do so in markets where they are already present.
Office & mixed-use development
A pharmaceutical company has leased 6,000 sqm in the GTC-owned Sterlinga Business Center office building in Łódź. This is the largest office deal in Łódź in 2024.
Investment & finance
Revetas Group has announced the successful disposal of the Trinity One class-A office complex in Warsaw to Longvilliers. The terms of the transaction were not disclosed.
Office & mixed-use development
Cushman & Wakefield has summarised the situation on the Warsaw office market for Q3 2024. Office take-up, both in leasing volumes and transaction numbers, was comparable to that recorded in the same period in 2023. Meanwhile, muted development activity, falling vacancy rates and shrinking land availability are likely to encourage investors to launch redevelopment projects.
Investment & finance
Poland’s highly skilled workforce, growing pool of environmentally compliant buildings and developed IT services market make it an attractive destination for foreign investors who want to shorten their supply chains, according to experts on nearshoring at law firm DLA Piper.
Office & mixed-use development
Bank Gospodarstwa Krajowego has decided to extend its lease agreement for 13,600 sqm of office space in Varso Place. The company occupies five floors of the building.
Property and Facility Management
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate.
Warehouse & industrial
Panattoni is constructing a fully robotic BTS distribution centre for Auchan Polska. The centre in Wilcza Góra near Warsaw is to service the customers from the updated internet platform.
Investment & finance
BNP Paribas Bank has granted MLP Group financing in the total amount of EUR 21.5 mln. The funds raised will be used to refinance the construction of a 34,600 sqm warehouse facility at the MLP Pruszków II logistics centre.
Warehouse & industrial
Garbe Industrial Real Estate CEE has received the building permission for the construction of two industrial facilities in Pohořelice, located approx. 30 kilometers south of Brno. The new development, consisting of two halls measuring 20,000 sqm and 11,000 sqm, is set to begin construction imminently, with plans to make the properties available within eight months.
Panattoni has been granted a loan for the development of a new distribution centre for a leading retailer. The EUR 36.5 mln loan was granted by BNP Paribas.
Panattoni Saudi Arabia and Bahrain-based GFH Financial Group (GFH) have today announced the creation of a strategic partnership for the development of 500,000 sqm of logistics facilities in Saudi Arabia.
Panattoni is constructing a fully robotic BTS distribution centre for Auchan Polska. The centre in Wilcza Góra near Warsaw is to service the customers from the updated internet platform.
Garbe Industrial Real Estate CEE has received the building permission for the construction of two industrial facilities in Pohořelice, located approx. 30 kilometers south of Brno. The new development, consisting of two halls measuring 20,000 sqm and 11,000 sqm, is set to begin construction imminently, with plans to make the properties available within eight months.
The Neon logistics centre, developed for Hermes Fulfilment by Panattoni, has been opened. The area of the investment in Konin Żagański amounts to over 250,000 sqm.
Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, the first last mile logistics hub in the city.
XBS Logistics and XBS Pro-Log of the XBS Group have leased over 90,000 sqm in total across four industrial parks near Warsaw.
Panattoni has completed the construction of a new 50,300 sqm park in Bolesławiec. The first tenant in the development is to be Toyota Boshoku Poland.
According to the Savills Global Warehousing Costs 2024 analysis, Prague is the only European city where the total costs associated with operating premium industrial properties decreased year-on-year, by 1.8 pct.
Industrial Research Forum announced Industrial Market Figures for Q3 2024. Space under construction in Czech Republic is significantly larger than new supply so far in 2024.
Raben Group has moved into its newest warehouse and shipping centre in the CTPark Warsaw West complex near Warsaw.
Cordon Electronics Polska has signed a lease for approx. 5,100 sqm of space in the MLP Pruszków II warehouse complex. The company is set to fully occupy the new facility from December this year.
Panattoni has leased nearly 15,000 sqm to KMC Services at Panattoni Park Tricity East V. With this deal, the 50,000 sqm building constructed in the first stage of the development has been fully commercialised.
Parker Lane Poland, specializing in resale solutions for the fashion and off-price industries, has leased approx. 3,600 sqm of space at the MLP Pruszków I logistics center. The company will move into the facility within the next few weeks.
Panattoni has completed a production plant for the Fortaco Group in Knurów, Silesia. The newly opened factory, with an area of over 34,000 sqm, will provide jobs for around 200 people and help consolidate Fortaco’s operations while optimizing logistics.
Panattoni has launched development of a new BTS centre in Żary for Valmet Automotive. Construction work on the project began in September 2024 to extend an existing production plant by an additional 8,800 sqm.
SIG, a supplier of construction products, has renewed its lease for 4,400 sqm of warehouse and office space in Prologis Park Wrocław.
CTP has obtained an occupancy permit for buildings WARS02 and WARS05, with a total area of 110,000 sqm. The facilities are part of the CTPark Warsaw West complex. The space will be occupied by Raben Group. The location in Wiskitki, near Warsaw, will be its 36th branch in the country.
Polish parcel dispatch company InPost has leased 11,000 sqm at MDC2 Park Kraków South. The BTS project is to be built on a site prepared exclusively for the tenant.
GLP has commenced construction of its second logistics centre in Gliwice. The facility will ultimately offer 57,000 sqm of warehouse and production space, located adjacent to the Katowice Special Economic Zone.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
The new issue of Eurobuild is already here, with the first summaries of the passing year, numerous interviews and reports from market events: our annu ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
S Immo has successfully completed a sale of the Juliš Hotel in Prague, with a total leasable area of around 6,700 sqm.
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
Ghelamco has renewed its partnership with Polish railway operator PKP SA and its real estate division Xcity Investment related to the redevelopment of ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Warimpex Finanz- und Beteiligungs has sold its last remaining project in Russia, the Airportcity St. Petersburg, and is therefore no longer active in ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
According to a report 'Office Market in Warsaw in Q1-Q3 2024', published by Axi Immo, developer activity in the Warsaw office space market is progress ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by ...
Archicom is planning a new housing estate in Warsaw. The developer wants to implement its latest project, designed by the WWAA studio, at the intersec ...
The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
Panattoni has been granted a loan for the development of a new distribution centre for a leading retailer. The EUR 36.5 mln loan was granted by BNP Pa ...
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Poland's commercial real estate sector faces a major challenge in meeting the ambitious targets set by the updated EPBD. From costly retrofits to regulatory uncertainty, investors ...
How will the new Planning Act change the property market?
How will the new Planning Act change the property market?
Axi Immo
With the entry into force of the new Planning Act, enacted on 24 September 2023, the Polish real estate market is facing significant changes that could affect the way developers, i ...
Expo 2024 brings reasons for optimism
Expo 2024 brings reasons for optimism
Walter Herz
The ongoing Expo Real 2024 in Munich is characterized by moderately optimistic sentiments. Participants hope that 2025 will bring results comparable to the best years in the invest ...