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POLAND Blackbrook picks up Amazon Poznań centre

Investment & finance
London-based Blackbrook Capital has announced the acquisition of a 100,000 sqm, class A logistics facility in Poznań from GLL Real Estate Partners for an undisclosed price.

The facility is 100 pct leased to a global e-commerce player under a long-term net lease. While the asset has not been officially named by Blackbrook, the company has revealed that it was developed by Panattoni in 2014. In that year Panattoni completed a 100,543 sqm distribution centre for Amazon in Sady on the city's northwestern outskirts, which was later sold to GLL Real Estate Partners, part of the Macquarie Group.

This asset represents a strategic facility in the tenant’s European distribution network. Situated in close proximity to the German border, the facility services a massive regional area, including Berlin, and has a large workforce on its doorstep. The asset matched our investment criteria closely – a tenant with strong credit rating, a mission-critical site, attractive real estate fundamentals, a long-term lease and located in an established European logistics market we know and understand well.
Arvi A. I. Luoma, the co-founder and CEO of Blackbrook

Allen & Overy acted as Blackbrook’s legal counsel, while CBRE, Dentons, PwC and Sentient and advised the seller, GLL Real Estate Partners.

Latest news

Retail & leisure

Romania New luxury destination in Bucharest

schedule 25 June 2024
Opr./edited by ANZ

CBRE Romania has announced its exclusive involvement in the leasing strategy of H Știrbei Palace, a historical monument located in the heart of Bucharest. After the completion of the renovation works, Știrbei Palace aims to become a landmark shopping gallery for luxury brands in South-Eastern Europe.

Material partner

Croatia Exclusive Auction: Unique Investment Opportunity in Istria

schedule 12 June 2024
Eurobuild CEE

Colliers, in partnership with Illyrian Land Funds, is announcing an exclusive auction for a prime development land site in Istria, Croatia. This property, covering 1,603,903 sqm, is ideal for a mixed-use resort development near Vodnjan, a charming town in Istria, Croatia's top tourist region. The site is just a 15-minute drive from the seafront

Retail & leisure

Poland Karuzela in Jastrzębie Zdrój

schedule 25 June 2024
Opr./edited by ANZ

Mitiska REIM has announced the opening of a new retail park in Jastrzębie Zdrój, a city of 90,000 inhabitants in southern Poland. Developed in partnership with Karuzela Holding and owned in joint-venture with the FRI 2 fund, this latest opening is the third retail park development opened in Poland by Mitiska REIM and Karuzela Holding in the past nine months.

Eurobuild FM

Poland Jarosław Szanajca and Marcin Rams on the Krakow housing market

schedule 24 June 2024
Magda Rachwald

In the next episode of Eurobuild FM, we talk about the specifics of the Krakow housing market with Jarosław Szanajca and Marcin Rams, CEOs of Dom Development and Dom Development Kraków.

Property and Facility Management

Poland CBRE will rule in Skyliner II

schedule 24 June 2024
Opr./edited by JC

Karimpol Polska is expanding its cooperation with CBRE. Starting in June 2024, the consultancy will be acting as the exclusive letting agent of Skyliner II office project.

Hotels

Croatia Curio's Croatian debut

schedule 24 June 2024
Opr./edited by JC

Hotel Opatija, Curio Collection by Hilton celebrates its opening. The 54-room facility debuts as the first in Croatia and the brand’s 40th trading country.

Investment & finance

Poland BGK is financing in Silesia

schedule 24 June 2024
Opr./edited by JC

Panattoni has been granted EUR 16.5 mln in financing from Bank Gospodarstwa Krajowego for the development of its Panattoni Park Ruda Śląska IV project. Construction work was launched in March on 34,000 sqm of warehousing space.

Warehouse & industrial

Germany Over 1,000 sqm for Lyko

schedule 24 June 2024
Opr./edited by JC

Segro has leased 1,060 sqm in Segro Park Berlin Airport to Lyko Services. The Swedish cosmetics and online retailer intends to use the space for an initial period of 10 years.

Warehouse & industrial

Poland Optimistic outlook for logistics

schedule 21 June 2024
Opr./edited by ANZ

The prospects for logistics and supply chain in Poland are improving. The sector's optimism index for 2024 stands at 52.2, the highest level in five years, according to the Confidence Index 2024 report by CBRE and P3.

Residential

Poland Off Miasto is being built in Gdańsk

schedule 21 June 2024
Opr./edited by ANZ

Invest Komfort has announced the development of a new project in Gdańsk. Off Miasto is to be built on a plot of ca. 56,000 sqm, and the usable area of the flats will be almost 55,000 sqm. Construction of the first stage has already begun. The entire investment will take several years to complete. 

Eurobuild FM

Poland Mateusz Polkowski on market changes after Poland's accession to the EU

schedule 20 June 2024
Anna Zamyłka

This year marks the 20th anniversary of Poland's accession to the European Union, moreover JLL is celebrating its 30th anniversary in Poland, Mateusz Polkowski, head of research at JLL Poland, sums up the changes on the real estate market and in the Polish economy over the last two decades.

Office & mixed-use development

Poland Natek Poland opens a new office in Wrocław

schedule 20 June 2024
Opr./edited by ANZ

IT and outsourcing supplier Natek has opened a new office in Infinity, an office building at ul. Legnicka in Wrocław. The tenant will occupy more than 600 sqm.

Warehouse & industrial

Romania Villar welcomes Tech-Con in Bucharest

schedule 20 June 2024
Opr./edited by ANZ

Tech-Con Industry has leased 3,000 sqm at VLParks Bucharest West, Dragomirești, for its new headquarters and storage hub.

Warehouse & industrial

Poland PepsiCo stays in Mszczonów

schedule 20 June 2024
Opr./edited by ANZ

Logicor has extended its lease agreement with PepsiCo Polska for almost 58,500 sqm of warehouse and office space at the Logicor Mszczonów park. This is PepsiCo's largest distribution centre in Poland.

Property and Facility Management

Poland Cushman & Wakefield to manage the entire portfolio

schedule 19 June 2024
Opr./edited by ANZ

Cushman & Wakefield has been appointed as property manager for the VIG Fund’s three office buildings in Warsaw. The company will manage the fund’s entire Polish real estate portfolio of more than 47,000 sqm.

Office & mixed-use development

Poland TCS chooses Wola Center

schedule 19 June 2024
Opr./edited by ANZ

A new tenant, an IT company Tata Consultancy Services, has moved into the Wola Center building in Warsaw. At the same time, the owner of the complex, Hines European Value Fund, extended its contract with FaktorOne.

Eurobuild FM

Poland Sebastian Sołtys on the development plans of LPP Logistics

schedule 19 June 2024
Magda Rachwald

The latest episode of Eurobuild FM smells of salty wind, as we've just recorded it in Pruszcz Gdański, visiting the largest facility of LPP Logistics. Ambitious plans, gigantic capital, new warehouse space and hundreds of new showrooms - listen to details in the latest edition of our podcast.

Warehouse & industrial

Poland Panattoni has started in Pomerania

schedule 19 June 2024
Opr./edited by JC

Panattoni has launched construction on a new project in Western Pomerania. Panattoni Park Szczecin V, located on Lubczyńska street, is to reach a size of 30,000 sqm.

Warehouse & industrial

Croatia Studenac has grown up

schedule 18 June 2024
Opr./edited by JC

Studenac, a Croatian food retailer, is going to build a new distribution center near the country’s capital Zagreb that will open in 2025. The investment in Velika Gorica will cover 36,000 sqm.

Warehouse & industrial

Germany No vacancies by the Rhine

schedule 18 June 2024
Opr./edited by JC

Garbe Industrial Real Estate has newly leased an existing property in the Port of Duisburg, Germany. The Worms-based logistics specialists TST will move in.

Latest in Investment & finance

schedule 24 June 2024

BGK is financing in Silesia

Panattoni has been granted EUR 16.5 mln in financing from Bank Gospodarstwa Krajowego for the development of its Panattoni Park Ruda Śląska IV project. Construction work was launched in March on 34,000 sqm of warehousing space.

schedule 18 June 2024

CTPark Warsaw West will be bigger

CTP has purchased an 85,000 sqm investment plot in the Wiskitki municipality near Warsaw. The purchase of the land will allow the company to expand the CTPark Warsaw West complex by an additional 36,000 sqm.

schedule 17 June 2024

Liberty Residence with a new owner

Resi Capital has acquired a plot of land at the junction of Grzybowska and Żelazna Streets in Warsaw. According to the preliminary concept presented, Liberty Residence is to be a high-rise project and will deliver around 500 flats.

schedule 17 June 2024

Panattoni has financing for another park

Panattoni has been granted bank financing for Panattoni Park Zgierz. The EUR 23.3 mln loan was issued by PKO Bank Polski.

schedule 14 June 2024

Immofinanz sells Warsaw office complex to Echo

Immofinanz has finalised the sale of the three Empark office buildings in Warsaw's Mokotów district to Archicom for EUR 28.5 mln. 

schedule 11 June 2024

Eastnine buys from Skanska (again)

Skanska has sold the Nowy Rynek E office building for over EUR 79 mln. The buyer is Eastnine AB, a Swedish real estate company focused on office premises at selected markets in the Baltics and Poland.

schedule 10 June 2024

mBank finances four retail parks

Mitiska REIM has secured a EUR 40 million refinancing with mBank for a portfolio of four Polish food-anchored retail parks. Representing a combined GLA of nearly 34,000 sqm, the convenience centers are located in the cities of Września, Turek, Lubliniec and Wodzisław Śląski.

schedule 06 June 2024

Retail park in Bielsko-Biała is sold

A retail park in Bielsko-Biała being developed on the site of a Tesco shop on ul. Warszawska, has a new owner. Redkom Development, responsible for the construction and commercialisation of the facility, has sold the project to Newgate Investment.

schedule 04 June 2024

Czechs are still moody

Despite the current weakening of investment activity in the CEE region, investment volumes in commercial real estate in the Czech Republic posted a 36 pct year-on-year increase in Q1 2024. Colliers informs that a total of EUR 545 million in capital was invested in the Czech Republic during this period.

schedule 04 June 2024

Huge deal for Greenstone

Private equity fund Greenstone has acquired an almost 80 pct stake in a special purpose vehicle owning the Format office building in Gdansk in what is the first big-ticket office transaction in Poland’s regional cities since 2022.

schedule 29 May 2024

Sale of a large portfolio in Germany

S Immo has concluded contracts to sell a large portfolio consisting of 18 German commercial and one residential property with a total property transaction value of EUR 255 mln through separate share and asset deals.

schedule 29 May 2024

On Odysseus' island

The only hotel located in Croatian national park, on Mljet Island, has been put on sale. Hotel Odisej, a 3-star resort built in 1978 and renovated in 1996 and 2004, offers 155 rooms and two apartments.

schedule 28 May 2024

Holiday Inn Resort Warsaw Józefów changes ownership

TMS Inwestycje, a company controlled by Tobias Solorz, has acquired the 148-room Holiday Inn Resort Warszawa Józefów hotel from the Aquila Group. The transaction included both the property and the shares in Aquila Hotels, the company operating the hotel in Józefów.

schedule 28 May 2024

CTP expands in Romania with 270,000 sqm warehouse and 30 ha landbank acquisition

CTP has acquired from Globalworth an industrial portfolio of 270,000 sqm GLA and 30 ha landbank in six key locations in Romania.

schedule 27 May 2024

Metron changes hands

Alides Polska, a subsidiary of Belgian developer Alides, and Aya Properties Fund, have announced the joint acquisition of the Metron office building located in Warsaw from a Polish SPV held by Patrizia Frankfurt Kapitalverwaltungs.

schedule 22 May 2024

Green financing for three CPIPG office assets

CPI Property Group Poland has concluded a green refinancing transaction with Aareal Bank amounting to more than EUR 277 mln. The funds received will be used for the refinancing of three Warsaw office properties: Warsaw Financial Center, Equator IV and Eurocentrum.

schedule 16 May 2024

Cromwell sells Polish retail portfolio

Real estate investor and fund manager Cromwell Property Group has announced the sale of six retail centres across Poland, held by the Cromwell Polish Retail Fund to Star Capital Finance for EUR 285 mln.

schedule 16 May 2024

Studio B with a new owner

Skanska has sold the Studio B office building in Warsaw to Stena Real Estate for EUR 86 mln. This is already third transaction between the two parties in Central and Eastern Europe.

schedule 15 May 2024

Hotel Austria Trend is sold

Peakside Capital and Generali Investments Slovenia have sold, on behalf of Generali Adriatic Value Fund, the Austria Trend hotel located in the Slovenian capital.

schedule 15 May 2024

Millions for MLP

ING Bank Śląski has agreed to lend more than EUR 26.8 mln to MLP Group. The purpose of the loan is to refinance existing projects spanning an area of 58,200 sqm, and finance the construction of another 21,700 sqm of warehouse facilities within the MLP Poznań and MLP Poznań II logistics parks.

Edition 6 (289) June 2024

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