PL

POLAND All we need to do is wait?

Events
What’s the state of the Polish economy right now and how will it recover from the pandemic? And what influence will these macroeconomic factors have on the real estate sector? To find out the answers to these questions, we have invited Prof. Elżbieta Mączyńska to present her own analysis at the opening of Eurobuild’s 26th Annual Commercial Real Estate Conference in Poland.

Real estate is not the only sector that needs healthy macroeconomic conditions, such as monetary and financial stability and high consumption, so choosing the right investment strategy requires an in-depth analysis of the economic situation. We asked Elżbieta Mączyńska, the president of the Polish Economic Society, to provide us with her own analysis of this topic. Elżbieta is a specialist in economics, including economic analysis, finance, and the evaluation of enterprises, economic systems and strategies for socio-economic development. Her presentation will take place at 9 pm and will open the 26th Annual Eurobuild Conference, which –if you would allow us to remind you– will be held online on November 25th.

We would be delighted if you decide to take part in this event. The registration form and detailed conference programme can be found at http://annual.eurobuildconferences.com/

Latest news

Investment & finance

Waiting for the rebound

schedule 04 December 2020
Opr./edited by AH

By the end of the year, the Polish economy is expected to have contracted by 3-3.5 pct compared to 2019. Nevertheless, Poland’s GDP is expected to start growing again in 2021 and expand by around 4 pct in 2021, according to Cushman & Wakefield.

Investment & finance

Poland Cordia to finish Polnord takeover

schedule 04 December 2020
Opr./edited by AH

Cordia has applied to buy all the outstanding shares in Polnord in a public tender.

Green projects

Romania Hotspot Workhub takes BREEAM 'Excellent'

schedule 04 December 2020
Opr./edited by AH

Flex Office centre Hotspot Workhub has been certified as BREEAM 'Excellent' for its sustainable fit-out. The centre takes up 2,000 sqm in the Mark office building in the centre of Bucharest.

Property and Facility Management

POLAND C&W to lease Eco City Katowice

schedule 04 December 2020
Opr./edited by NN

Cushman & Wakefield has been appointed as the leasing agent for Eco City Katowice – an energy-efficient office complex under construction in the city.

Warehouse & industrial

POLAND OneDayMore in Panattoni’s first Poznań last-mile centre

schedule 04 December 2020
Nathan North
deputy editor

Panattoni is to develop City Logistics Poznań I – a last-mile urban warehousing park in north-eastern Poznań. The developer has also revealed the identity of the first tenant: Polish muesli, porridge and similar health food producer OneDayMore.

Office & mixed-use development

ROMANIA AstraZeneca happy in Bucharest Business Park

schedule 04 December 2020
Opr./edited by NN

British pharmaceuticals manufacturer AstraZeneca has renewed its lease of 1,280 sqm of office space in Bucharest Business Park for another five years.

Property and Facility Management

Poland Colliers gets Big

schedule 03 December 2020
Opr./edited by AH

The Big office building constructed by Budimex at ul. Zielińskiego 3 in Kraków for developer Ghelamco is to be managed by Colliers International.

Investment & finance

Poland Tesco sells city sites to Echo

schedule 03 December 2020
Opr./edited by AH

Echo Investment has bought properties from the Tesco group in Poznań, Łódź and Kraków and is planning to use the sites for open city quarter placemaking projects with a total of 240,000 sqm of residential, office and retail space.

Technology

Poland Bicycles come to Norblin

schedule 03 December 2020
Opr./edited by AH

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.

Office & mixed-use development

Poland Nokia signs largest regional lease renewal

schedule 03 December 2020
Opr./edited by AH

Telecommunications company Nokia has renewed its lease with Globalworth in the West Gate and West Link buildings in Wrocław. With a total area under lease of almost 30,000 sqm, this is the largest regional office contract signed this year.

Warehouse & industrial

HUNGARY Flisom flies into VGP Park Kecskemét

schedule 03 December 2020
Opr./edited by NN

Swiss technology company Flisom has moved into the first building of VGP Park Kecskemét, around 80 km southeast of Budapest.

Office & mixed-use development

POLAND Payair books its place in Stara Drukarnia

schedule 03 December 2020
Opr./edited by NN

Payair Poland, the Polish branch of the Swedish-based fintech company, has officially moved its 400 sqm office in Stara Drukarnia in Łódź.

Investment & finance

POLAND Spark B sold to Stena for EUR 70 mln

schedule 03 December 2020
Nathan North
deputy editor

Skanska has sold the second building of the Spark office complex in Warsaw to Swedish company Stena Fastigheter for EUR 70 mln.

Retail & leisure

Latvia Tough times for Riga high street

schedule 02 December 2020
Opr./edited by AH

With every fifth store standing vacant, street retail has not become established in Riga, according to a study by Colliers International.

Warehouse & industrial

Poland MLP pleased with results

schedule 02 December 2020
Opr./edited by AH

For the first three quarters of 2020, the company made a consolidated net profit of PLN 149.3 mln, up 53 pct y-o-y. In the third quarter alone, net profit came to PLN 28.2 mln, which compares to PLN 40.6m in the third quarter of 2019.

Office & mixed-use development

Poland Łódź cotton mill given new spin

schedule 02 December 2020
Opr./edited by AH

Work has begun on the renovation of the Widzewska Manufaktura cotton mill complex at al. Piłsudskiego 135 in the Widzew district of Łódź.

Warehouse & industrial

Poland Media Expert in Logicor Stryków

schedule 02 December 2020
Opr./edited by AH

Terg, the owner of the Media Expert electronics store chain, has leased 26,100 sqm of office and warehouse space in the Logicor Stryków park just north of Łódź.

Hotels

CENTRAL EUROPE Ott Ventures launches EUR 500 mln Central Europe hotel fund

schedule 02 December 2020
Nathan North
deputy editor

Ott Ventures, the private equity arm and fund management platform run by Orco Property Group and MaMaison Hotels & Residences founder Ott Properties, has announced the launch of its first hotel fund – Velvet.

Office & mixed-use development

POLAND Codewise happy in Browar Lubicz

schedule 02 December 2020
Opr./edited by NN

Krakow-based IT startup Codewise has renewed its lease for 2,200 sqm of the space it occupies in the Browar Lubicz mixed-use complex in the city.

Office & mixed-use development

POLAND C&W takes on Morski Park office agency

schedule 02 December 2020
Opr./edited by NN

Cushman & Wakefield has been appointed as the leasing agent for the office space in the Morski Park Handlowy complex in Gdańsk.

Latest in Events

schedule 26 November 2020

Cautious optimism at The 26th Annual Property Market Conference in Poland

Eurobuild CEE's 26th Annual Property Market Conference in Poland took place on November 25th. And to sum up the tone of the discussions, it could be said that the general mood was one of cautious optimism.

schedule 06 November 2020

All we need to do is wait?

What’s the state of the Polish economy right now and how will it recover from the pandemic? And what influence will these macroeconomic factors have on the real estate sector? To find out the answers to these questions, we have invited Prof. Elżbieta Mączyńska to present her own analysis at the opening of Eurobuild’s 26th Annual Commercial Real Estate Conference in Poland.

schedule 05 November 2020

10, 20, 30 questions to... Magdalena Kowalewska

Magdalena Kowalewska –the operations country manager and management board member of Immofinanz in Poland –is undoubtedly a figure known to everyone in the Polish real estate sector, but it still can’t do any harm to learn even more about her. And there will be the perfect opportunity to do so at the 26thAnnual Commercial Real Estate Convention in Poland, where Magdalena will be the special guest of the ‘10, 20, 30 questions to...’ section.

schedule 13 October 2020

Expo Real cancelled

The Expo Real Hybrid Summit in Munich that was to have taken place on October 14th and 15th has been cancelled just two days before the real estate fair, due to the worsening Covid-19 situation in the city.

schedule 12 October 2020

MIPIM moved from March to June

Reed MIDEM, the organiser of the MIPIM real estate fair, has announced that the next MIPIM fair in Cannes will take place from Monday June 7th to Thursday June 10th, 2021.

schedule 29 September 2020

Looking back and forward together

Have you been missing all your friends in the sector? Or maybe you’ve actually become fond of meeting them in the virtual world? Either way, you can do both by taking part in the 26th Annual Commercial Property Market Convention in Poland on November 25th!

schedule 24 September 2020

Who came out on top in the doubles?

At the 15th Eurobuild CEE Annual Tennis Tournament, it was not only the men’s and ladies’ singles titles that were being fought out on the courts of the Warszawianka tennis club in Warsaw, but also the doubles.

schedule 17 September 2020

Monika Żywiecka triumphs in the women’s singles!

The 15th Annual Eurobuild CEE Tennis Tournament endedin the best possible fashionfor Monika Żywiecka of Oakbridge Capital Advisors, with her victory in the women’s singles final.

schedule 16 September 2020

Krzysztof Stempień retains his crown and adds another

Last year when he played for the first time at the Eurobuild tennis tournament he caused something of a sensation when he beat all his rivals. Even then, Krzysztof Stempień of Cresa fearlessly faced a strong field, many of whom were regular faces at the tournament, to turn the ranking table on its head.

schedule 16 September 2020

Monopolis and Granaria triumph at MIPIM Awards

Two Polish developments are among the twelve winners at the MIPIM Awards 2020, which were presented in Paris on September 15th.

schedule 17 July 2020

Out for a spin with Immofinanz

Immofinanz has been involved in Eurobuild Conferences’ ‘Suits on Bikes’ project since the very first time the event took place, and, naturally, this year’s no exception. For many years, the company has been consistent in promoting cycling as a healthy and safe means of transport.

schedule 15 July 2020

A send off from the Ambassador

This year, one of the starting points of our ‘Suits on Bikes’ cycle ride will be in Warsaw’s Służewiec business district. The starting point will be the Ambassador Office Building owned by Hines, which is located at ul. Domaniewska 34a.

schedule 08 July 2020

Changing with the times

Summer at Eurobuild has never been so hot! We have a new editor, a new website, and soon we’ll be moving to our new headquarters. And, with the announcement of their rescheduled dates, a lot of heat and excitement are being generated for our sports tournaments!

schedule 08 July 2020

Blue skies return for golf

Great news for those who were disappointed by the cancellation of Eurobuild’s annual golf tournament – it’s now back on! And it will be taking place very soon, on September 11th in Rajszew just outside Warsaw.

schedule 08 July 2020

Tennis is back in the game!

Great news for tennis fans. Eurobuild’s 15th Annual Tennis Tournament, which unfortunately had to be postponed because of the pandemic, will now take place on September 11th at the Warszawianka Tennis Club.

schedule 12 May 2020

Wait and see

POLAND Sit down and tune in to the ‘Wait and See’ webinar! The online discussion will take place on May 19th.

schedule 28 April 2020

Remote - but with Eurobuild

POLAND Some situations give us added motivation to do something more… out-of-the-box. The pandemic has prompted us to take steps to ensure your safety while at the same time keeping Eurobuild going – and we hope we will have your support in this. So we are pleased to announce that the 11th Office Market Conference for Poland. Trends & Outlook will take place on May 26th – and for the first time it will be entirely online.

schedule 02 March 2020

MIPIM moved to June

EUROPE Reed MIDEM, the organiser of the MIPIM real estate fair in Cannes, has announced that this year’s event has been postponed from March 10–13th to June 2–5th due to concerns surrounding the spread of Covid-19, more widely known as the coronavirus.

schedule 06 February 2020

Polish finalists at MIPIM Awards 2020

WORLD This year’s MIPIM Awards finalists include three Polish projects: Monopolis in Łódź, Elektrownia Powiśle – Offices in Warsaw and Granaria in Gdańsk.

schedule 20 January 2020

2020 conference season gets going

POLAND The first Eurobuild CEE conference of 2020 – the 6th Invested Interest - Investment Market Conference – is to take place quite early in the year, on February 27th.

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