Warehouse & industrial
In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and rising occupancy costs. The expected decline in new supply and shrinking land availability are likely to result in a supply gap in the space of the next year or so, says real estate advisory firm Savills.
Warehouse & industrial
Reka Rubber Polska, manufacturer of rubber products, will double its lease at MLP Poznań West to close to 4,000 sqm. The company is expected to move into the new facility in the second quarter of 2023.
Warehouse & industrial
Czech warehouse developer CTP has entered Poland’s Pomerania region, where it will soon be launching the construction of the 119,000 sqm CTPark Gdańsk Port.
Green projects
Owned by the Capital Park Group, the Warsaw mixed use complex Norblin Factory has received the final BREEAM certificates for both its office and retail sections. A photovoltaic system has been installed in the complex, and the managers are continuing their efforts to steadily reduce the property’s carbon footprint.
Warehouse & industrial
Panattoni has started the construction of Panattoni Park Lublin IV. The two-building complex with 53,900 sqm should be completed later this year.
Warehouse & industrial
Lighting company Wojnarowscy has renewed a lease agreement for 3,870 sqm of warehouse and office space in Panattoni Park Sosnowiec II.
Warehouse & industrial
Garbe has acquired a plot of land of around 100,000 sqm in Kabelsketal (Saxony-Anhalt, Germany). A logistics property with a total area of approx. 61,500 sqm is planned on the site. Garbe is investing around 76 mln euros in the project. Construction is scheduled to start in October.
Office & mixed-use development
Textorial Park office campus in Łódź welcomed a new tenant. .mdd, manufacturer of office furniture has leased 317 sqm in the historic Building A. The space occupied by .mdd comprises the company’s offices and a showroom.
Warehouse & industrial
Panattoni has started the development of 25,000 sqm of speculative space on ul. Dostawcza in Łódź. It is to be a brownfield development built on the site of a former gas bottling plant.
Residential
Real Management has announced funding for construction of the first stage of the Neo Natolin housing estate. The company has received funding of PLN 125 mln for the residential project which is being developed in Warsaw’s Wilanów district, at ul. Stefana Korbońskiego.
Hotels
Marriott International, announced it has signed an agreement with Rua Al Madinah Holding Company to open eight hotels in the Holy City of Madinah in Saudi Arabia.
Retail & leisure
Jysk, which took up around 1,300 sqm, and Piekarnia Cukiernia Grzybki bakery (around 170 sqm) are new tenants at the Glinianka retail park. The park is being built in the village of Łubna, near Warsaw, and will provide the Mazovian market with around 10,000 sqm of leasable space.
Office & mixed-use development
Intive global tech company has let 62 workstations in the flexible Myhive offices belonging to CPI Property Group.
Eurobuild FM
A huge bombshell for the finale of the Cannes podcast – as many as FIVE of the top experts in the last episode of the series! Some famous names and also some less well-known to us are now poised to enter the Polish market! And you can listen to them here!
Office & mixed-use development
The Vibe office building in Warsaw is now taking shape, with the completion of its underground structure.
Investment & finance
2022 was a successful year for the property developer CTP. The company, operating in 10 European countries, has successfully managed to deal with the impact of global events on the European market. In 2022, the portfolio area in the Czech Republic was expanded by 300,000 sqm, bringing the total area to 3.8 mln sqm. Rental income increased by 13 pct year-on-year to EUR 230.3 mln. At present, CTP is the largest player in the Czech industrial-logistics property market with a 28 pct share.
Investment & finance
Lorand and Zsuzsanna Szarvadi, the owners of the Balvanyos Resort & Spa in Covasna, acquired the K+K Elisabeta hotel located in the Bucharest city centre, and they will relaunch it under the newly established Peakture hotel brand.
Residential
According to the latest Avison Young report, at the end of 2022, there were over 9.4 thousand units in the pool of apartments for institutional rent in Poland, and another 13 thousand flats were under construction. The prolonging conflict in Ukraine and the significantly reduced credit scores increase the demand for renting apartments and thus, affect the development of the PRS market in Poland.
Warehouse & industrial
CTP has leased an area of 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in the south of Bucharest, in the Popești - Leordeni area. From here, the products of the company will be delivered to both Romania and Bulgaria, with the warehouse acting as a regional hub.
Office & mixed-use development
The scale of office investments carried out in Poland today is much smaller than in previous years, while the demand for space is still high, according to consultants from Walter Herz.
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The elegant shapes, luxurious accessories and modern materials are reminiscent of those found in the brand's cars. The company's office is located in the Anděl 17 building in the Prague 5 district.
CA Immo is embarking on the modernisation of the Saski Crescent office building in Warsaw. The entire renovation is expected to be completed in 2024, and a showroom will open in the building as early as March to help demonstrate the building's space development options.
The Chybik + Kristof architectural office has won the design competition to transform a former textile factory into a new contemporary art gallery and cultural space in Usti nad Orlici.
The expansion and arrangement of ASB Poland’s offices in the Skylight building in Warsaw city centre have been completed by the Workplaces department of Globalworth, the owner and manager of the Skylight and Lumen office complex.
The Tétris team has once again completed a fit-out project in the interiors of Nobu Hotel Warsaw. Sakebar by Nobu on ul. Wilcza not only offers sake-based drinks and Japanese dishes, but also a design inspired by the country.
Globalworth has completed the refitting of more than 11,000 sqm of workspace for Uniqa in the Warsaw Trade Tower.
Tétris has completed the fit-out work on Echo Investment’s new head office in Browary Warszawskie (the Warsaw Brewery).
Globalworth has refurbished the lobby of the TCI class-A office building in Bucharest.
Globe Trade Centre has started the modernization of one the Aeropark Business Center in Warsaw.
The MádiLáncos Studio has been commissioned to design the interiors of Arena Corner.
MyStandesk is a low-budget solution for those wishing to work while standing up, produced and sold by a Warsaw family firm.
Cushman & Wakefield, as the project manager, has completed the fit-out of a 3,500 sqm office for multinational IT company Oracle in the Warsaw Hub complex.
Bit Creative has completed the interior design of the 800 sqm Vastint office in Business Garden Warsaw.
Hungarian architectural and design firm MadiLancos Studio has leased 400 sqm for its new head office in the recently refurbished ZenGarden building in Budapest.
Cushman & Wakefield has completed the move of its Warsaw offices to The Warsaw Hub, which has just come into use.
Panattoni and Marvipol have sold two city logistics parks totalling almost 25,000 sqm in Warsaw to LaSalle Investment Management for app. EUR 30 mln.
POLAND E-commerce retailer Dekoria has opened its first Warsaw store, which with its branch in Świdnica, is the second brick and mortar outlet of the chain in Poland.
EUROPE Markslöjd has added more than 180 lamps and light fittings to its product range in the ArchiUp database.
EUROPE Gala Collezione has a range of reclining armchairs perfect for reading, watching movies and talking on the phone.
CZECH REPUBLIC The Radisson Blu Hotel Prague has been renovated with Kraków-based studio Iliard Architecture & Project Management being behind the new interior design for the art nouveau building.
Warsaw mayor Rafał Trzaskowski recently made the claim that by 2050 the city’s metro system will comprise 103 stations and five lines, with connections to 17 of its 18 districts. T ...
Small talkPiotr Trzciński, the Poland, head of Savills Investment Management, gives us the investors' view of how we have coped with a year of unpleasant surprises and how things look like s ...
Small talkŁukasz Mazurczak, the managing director of MVGM, tells us about the evolving role of the property manager in the new reality – and how the PRS market in Poland is becoming increas ...
The City of Helsinki, Finland, has launched a tender competition to sell the Old Customs House in Katajanokka harbour area for redevelopment. The goal ...
Viega has launched an interactive training centre near its headquarters in Attendorn. Over five floors, Viega World occupies a total of 12,000 sqm of ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
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 ...
At the turn of 2022 and 2023, GTC received further Barrier-Free Facility certificates for its office buildings, reflecting the implementation of new ...
For the 12th time it all went with a bang! The winners of the Eurobuild Awards 2022 have been announced to almost 900 guests of the Awards Gala, who w ...
It is with great sadness that we learn of the death of Karol Bartos, one of the most well-known and distinguished personalities on the Polish real est ...
A huge bombshell for the finale of the Cannes podcast – as many as FIVE of the top experts in the last episode of the series! Some famous names and a ...
MIPIM, the world’s largest international real estate event, has revealed 12 winners of the MIPIM Awards, a globally renowned real estate competition f ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
Owned by the Capital Park Group, the Warsaw mixed use complex Norblin Factory has received the final BREEAM certificates for both its office and retai ...
Marriott International, announced it has signed an agreement with Rua Al Madinah Holding Company to open eight hotels in the Holy City of Madinah in S ...
BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.
Mazowiecki province has issued a ZRID permit for Mostostal Warszawa to construct a 12 km section of the S7 expressway between Załuski and Modlin, nort ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
2022 was a successful year for the property developer CTP. The company, operating in 10 European countries, has successfully managed to deal with the ...
Real Management has concluded the sale of a 13.7 ha development site on ul. Wesoła in Pionki near Radom to Family Partners for an undisclosed sum.
The company has been strengthening its position on the commercial real estate market as a specialist consultancy providing comprehensive tenant and la ...
Textorial Park office campus in Łódź welcomed a new tenant. .mdd, manufacturer of office furniture has leased 317 sqm in the historic Building A. The ...
Tattersall Lorenz has been chosen by Oxford Properties and Norges Bank Investment Management (NBIM) to undertake the technical and commercial property ...
The renovation of the Darius and Girėnas Stadium in Kaunas has been completed. The grand opening will take place in mid-October, when the stadium will ...
Real Management has announced funding for construction of the first stage of the Neo Natolin housing estate. The company has received funding of PLN 1 ...
Jysk, which took up around 1,300 sqm, and Piekarnia Cukiernia Grzybki bakery (around 170 sqm) are new tenants at the Glinianka retail park. The park i ...
It is our pleasure to invite you to listen to the first episode of the fourth season of our ‘Sitting Down With…’ chats. This time, Arkadiusz Rudzki of ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and r ...
