PL

HUNGARY Atenor buys 8.3 ha for Lake City

Residential
Atenor has signed an agreement to acquire almost 8.3 ha of land in Budapest’s District XI for its Lake City residential development.

Lake City will comprise up to 92,183 sqm of residential space and 1,326 apartments developed in eight phases. A final building permit is in place for the first stage of the project.

The estate will be located in the popular residential district of South Buda, in a green area bordered by a small river and a lake, and along the roads leading to Balaton and the Budaörs airport.

This is the second residential project that Belgian developer Atenor is planning in the CEE region, after obtaining a building permit for its Up-Site development in Bucharest (270 apartments). With this latest acquisition, the number of its pipeline projects in Europe (which include its Lakeside office project in Warsaw) has risen to 32 with a development potential of app. 1.3 mln sqm.

Latest news

Office & mixed-use development

Poland Ciech opens SSC centre in Bydgoszcz

schedule 11 June 2021

International chemicals group Ciech is to open a shared service centre in the Arkada Business Park in Bydgoszcz.

Warehouse & industrial

Poland Arvato in Prologis Park Poznań III

schedule 11 June 2021

Logistics services provider Arvato Supply Chain Solutions is to open a new 48,000 sqm order fulfilment centre in a BTS building in Prologis Park Poznań III.

Office & mixed-use development

Poland Basketball association in Wola Retro

schedule 11 June 2021

The Polish Basketball Association [Polski Związek Koszykówki] has leased space in the Wola Retro centre in Warsaw.

Office & mixed-use development

Poland Gamers in O3

schedule 11 June 2021

Locally-based computer game developer Teyon has signed a five-year lease for 500 sqm in the O3 Business Campus in Kraków.

Property and Facility Management

Poland Colliers takes on Neon

schedule 10 June 2021

Colliers has taken over the management of the Neon office building, which comprises the fourth stage of the Alchemia business complex in Gdańsk.

Residential

Poland Resi4Rent opens in Gdańsk

schedule 10 June 2021

Rental apartment platform Resi4Rent has opened its seventh building with 301 units on ul. Kołobrzeska in Gdańsk.

Warehouse & industrial

Poland Museum of Modern Art to lease Hillwood warehouse in Warsaw

schedule 10 June 2021

The Museum of Modern Art (MSN) in Warsaw is to lease 2,000 sqm of space in the Hillwood Warszawa Targówek warehouse centre.

Investment & finance

CENTRAL EUROPE Immofinanz strikes back with ‘facts’ at S Immo

schedule 10 June 2021
Nathan North
deputy editor

Immofinanz has responded to the recent rejection of its takeover bid for S Immo from the latter company’s executive board.

Office & mixed-use development

POLAND Topping out for two at Fuzja

schedule 09 June 2021
Nathan North
deputy editor

Two office buildings have been topped out in Echo Investment’s Fuzja development in Łódź. Occupancy permits are expected to be obtained for the buildings in Q1 2022.

Warehouse & industrial

SLOVAKIA XXXLutz leases 6,000 sqm at P3 Bratislava Airport

schedule 09 June 2021
Opr./edited by NN

Austrian furniture retail chain XXXLutz group has leased 6,000 sqm at P3 Park Bratislava Airport.

Hotels

Radisson Blu Bucharest reopens

schedule 09 June 2021

The Radisson Blu Hotel, Bucharest, has reopened following a major capital investment to elegantly transform the hotel’s lobby and garden area, as well as increase the number of guest rooms to over 600.

Investment & finance

GTC now investment grade

schedule 09 June 2021

GTC has been given an investment-grade rating of BBB- (Stable) by Fitch and Ba1 (Positive) by Moody’s.

Property and Facility Management

Poland Savills takes on Grudwaldzki

schedule 09 June 2021

Real estate advisory firm Savills has been appointed as the exclusive leasing agent for the office space in the Grunwaldzki Center in Wrocław.

Warehouse & industrial

POLAND Panattoni starts work on fourth Bielsko-Biała park

schedule 09 June 2021
Opr./edited by NN

Construction work has started on Panattoni Park Bielsko-Biała IV in an industrial area bordering the Silesia and Małopolska provinces.

Hotels

POLAND Warsaw Hub hotels the first for Well Health-Safety

schedule 09 June 2021
Opr./edited by NN

The International Well Building Institute (IWBI) has confirmed that the two hotels in The Warsaw Hub development have been awarded the Well Health-Safety Rating.

Office & mixed-use development

World CBD to come back to life

schedule 08 June 2021

With strict physical distancing protocols likely to end, CBD offices will again come back to life as they serve as destinations for face-to-face interaction, collaboration, innovation and creativity claims JLL in its ‘Benchmarking Cities and Real Estate’ report.

Property and Facility Management

MVGM takes on first building of Airport City in Gdańsk

schedule 08 June 2021

MVGM is to manage the first office building in the Airport City development in Gdańsk, next to the city’s Lech Wałęsa International Airport.

Office & mixed-use development

Poland Nowy Rynek building D opens

schedule 08 June 2021

Building D of the Nowy Rynek complex in Poznań has been granted an occupancy permit. The 39,000 sqm office block was developed by Skanska and is the first building in the city to have been submitted for WELL Core&Shell certification.

Warehouse & industrial

POLAND Interior furnishers choose MLP Pruszków II

schedule 07 June 2021
Nathan North
deputy editor

Interior furnishings company ProgressiveBG has leased almost 2,500 sqm of warehouse and office space at MLP Pruszków II.

Warehouse & industrial

HUNGARY Third HelloPark launched west of Budapest

schedule 07 June 2021
Nathan North
deputy editor

A 400,000 sqm gla HelloPark is to open in Páty on Budapest’s western outskirts.

Latest in Residential

schedule 10 June 2021

Resi4Rent opens in Gdańsk

Rental apartment platform Resi4Rent has opened its seventh building with 301 units on ul. Kołobrzeska in Gdańsk.

schedule 07 June 2021

Equilis to build 1,000 homes in Ursus

Equilis Poland, the Polish division of Belgian group Equilis, has finalised the purchase of a site in Warsaw’s Ursus district for the development of more than 1,000 apartments.

schedule 27 May 2021

Budimex Nieruchomości changes hands for PLN 1.51 bln

Polish private equity firm Cornerstone Partners, the corporate and Czech developer and investor Crestyl have finalised the PLN 1.51 bln acquisition of Polish residential developer Budimex Nieruchomości.

schedule 25 May 2021

Heimstaden buys 2,500 homes from Budimex for PLN 1.4 bln

Swedish rental housing specialists Heimstaden Bostad have bought 13 projects to build 2,496 homes in Poland from Polish residential developer Budimex for around PLN 1.37 bln.

schedule 28 April 2021

Work starts on Towarowa Towers

Asbud has announced that the construction of Towarowa Towers, with a height of 95m near, has begun near the Daszyńskiego roundabout in Warsaw.

schedule 23 April 2021

Echo seals Archicom merger

Echo Investment has finalised its acquisition of a majority stake in Archicom, thus becoming the largest residential developer in Poland as the Echo-Archicom group.

schedule 22 April 2021

Resi4Rent growing nicely

In the first quarter of this year, Resi4Rent marketed 600 rental apartments. The company now has almost 300 pct more apartments on offer than it had at the end of Q1 2020.

schedule 15 April 2021

Heimstaden to invest EUR 58 mln in Czech portfolio

Swedish rental housing specialist Heimstaden has announced that it plans to invest CZK 1.5 bln (app. EUR 58 mln) in its Czech portfolio this year.

schedule 13 April 2021

Echo Investment moves into education

Echo Investment has presented its concept for a primary school for 300 pupils in Warsaw’s Służewiec district.

schedule 09 April 2021

Student accommodation still University owned in Prague

The total stock of purpose-built student accommodation (PBSA) in Prague stands at more than 28,400 beds.

schedule 08 April 2021

Echo gets a voice

Echo Investment plans to equip all its apartments with voice-controlled smart home systems that use the Amazon Dot speaker.

schedule 31 March 2021

Echo builds green in Widzew

Echo Investment is to construct a residential estate in Łódź’s Widzew district and in association with Veolia is to install solar panels to power the buildings’ ventilation air conditioning.

schedule 22 March 2021

Heimstaden adds to Czech porfolio

Swedish residential developer and investor Heimstaden Bostad has acquired a portfolio of 226 apartments in Plzeň, adding to its existing Czech portfolio of 42,584 units.

schedule 22 March 2021

PRS set to boom

The Polish PRS market is still in its infancy, but more players are declaring their desire to build portfolios of thousands of rental apartments, say Cushman & Wakefield

schedule 10 March 2021

Vonder goes UpTown for second Warsaw project

Berlin-based co-living specialist Vonder is to open its second location in Warsaw – UpTown by Vonder.

schedule 08 March 2021

Resi4Rent opens another Warsaw building

Rental apartment platform Resi4Rent has added a building on ul. Taśmowa with over 370 apartments to its Warsaw portfolio.

schedule 23 February 2021

Cornerstone and Crestyl to buy Budimex Nieruchomości

Corporate and real estate private equity investment manager Cornerstone Partners, together with Czech developer Crestyl Group, have entered into a contract to buy Polish residential developer Budimex Nieruchomości.

schedule 22 February 2021

Milestone for Polish student homes

Eagle JVCo has agreed to acquire a portfolio of purpose-built student housing with around 800 beds and two development sites in Poland.

schedule 17 February 2021

Hochtief takes on Wilga IV

Hochtief to build Wilga VI Hochtief Polska is to construct Wilga VI in Warsaw’s district Praga district.

schedule 17 February 2021

Echo starts third stage Enter sales

Echo Investment has launched sales for the third stage of the Enter estate in the Naramowice district in Poznań.

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