Investment & finance
AFI and Echo Investment, the developers of the Towarowa22 project, have signed a deal under which AFI becomes the sole owner of the Office House office building. Echo Investment sold AFI its 30 pct stake in the building, which was valued for the purposes of the transaction at EUR 160.5 mln.
Investment & finance
Generali Fund Realit, managed by Generali Investments CEE, has acquired the historic Dom Dochodowy building, on pl. Trzech Krzyży in central Warsaw.
Warehouse & industrial
CTP has signed a lease agreement with Siemens Energy Global for the development of 20,000 sqm in CTPark Mülheim in North Rhine-Westphalia.
Residential
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartments and six commercial units are to be completed by March 2028.
Office & mixed-use development
Astellas Pharma Global Capability Centre has joined the tenants of The Bridge in Warsaw. The international pharmaceutical company will occupy two floors of the building.
Warehouse & industrial
Invesco Real Estate has acquired a 5.1 ha plot in Maisach, near Munich, where a new logistics centre of around 36,000 sqm is to be built. Electronic component distributor TTI has already leased all the available space.
Residential
Resi4Rent has opened a new centre on ul. Romanowicza in Kraków with 873 fully-furnished rental apartments, coworking areas, a cinema, green patios, and terraces.
Exclusive
Atlas Estates, which invests in real estate across the CEE region, recently secured a major refinancing loan for the Warsaw Hilton Hotel. And so, we spoke exclusively to Ziv Zviel, the CEO of Atlas Estates, about this particular asset, as well as the potential he continues to see in the Polish and CEE real estate markets.
Infrastructure
The Central Communication Port (CPK) has awarded a tender for track layout changes in the Retkinia area of Łódź to Multiconsult Polska, who bid PLN 58.7 mln gross.
Retail & leisure
Agora Mall Arad (formerly Galleria Arad) officially reopened on August 28th following an extensive refurbishment and repositioning.
Investment & finance
Financing has been secured for the expansion of Panattoni Park Gdańsk West II in Pomerania. BNP Paribas Bank Polska issued the EUR 20.2 mln loan for the construction of a third building.
Warehouse & industrial
General contractor Harden Construction has begun construction of Panattoni Park Gdańsk West II in Janków Gdański. The 40,000 sqm centre to be constructed in a design and build contract will open at the beginning of 2026.
Warehouse & industrial
Animal feed producer De Heus has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. The tenant was represented by Newmark Polska.
Warehouse & industrial
Logistics service provider Logwin Poland has renewed its lease of nearly 3,500 sqm in Segro Logistics Park Warsaw, Nadarzyn.
Investment & finance
Madison International Realty and Cavatina Holding have secured EUR 61 mln in refinancing from Santander and Bank Pekao for Chmielna 89, a landmark office building in central Warsaw.
Warehouse & industrial
Promotional clothing supplier Malfini has moved into Hillwood Rawa Mazowiecka with a lease of 8,500 sqm, which includes a two-storey office of 500 sqm.
Investment & finance
Stage Capital has sold the Galeria Nad Jeziorem shopping centre in Konin with around 21,000 sqm gla to Saller Group. Avison Young’s investment team represented the seller as the exclusive sales agent, with Wolf Theiss acting as the legal advisor.
Investment & finance
Real estate investment firm Blue Rock has sold an office property in Cologne to an international industrial company. The sale price is in the mid-double-digit million-euro range.
Warehouse & industrial
Logistics operator Chronologis is to begin operations in Prologis Park Błonie from January next year with a lease of 5,000 sqm.
Office & mixed-use development
Polish mineral wool manufacturer Rockwool GBS has extended and prolonged its lease agreement with Eastnine for space in building D of the Nowy Rynek development in Poznań.
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its global survey on return-to-work strategies after the Covid-19 pandemic.
WORLD Real estate could actually benefit from the Covid-19 pandemic in the long run due its perception as a safe haven for investors, according to a report just published on the implications of the epidemic for the market by Swedish property consulting and fund management specialists Catella.
EUROPE Build Europe, an umbrella organisation for EU-based residential developers and constructors, has presented its recommendations for helping the sector in the EU emerge from the post-Covid19 economic crisis.
POLAND More companies have joined # Property4Heroes - the commercial real estate market's initiative to support hospital staff and ambulance crews across Poland. Each day the initiative delivers 1,150 meals to physicians, nurses, paramedics and support personnel.
POLAND Warehouse developer Panattoni has allocated PLN 500,000 to buy medical supplies for three Polish hospitals.
CEE REGION Preliminary CEE investment volumes for Q1 2020 amounted to app. EUR 3.7 bln, despite the onset of Covid-19 in the region in early March – according to Colliers International’s latest research report.
EUROPE Toyota Motor Corporation has announced the partial resumption of operations in its European manufacturing plants, which have been closed due to the coronavirus epidemic.
ROMANIA AFI Europe Romania has announced that it is rescheduling the opening of its AFI Braşov shopping and entertainment centre due to the pandemic.
SLOVENIA The official opening of the Aleja shopping centre in Ljubljana’s Šiška district has been postponed.
POLAND BPI Real Estate Polandis to introduce a virtual sales office for all of its Polish projects.
POLAND Rent payments have been suspended for all tenants in the Sukcesja shopping centre in Łódź.
POLAND The Polish Trade and Distribution Organisation [POHiD], an association of retail chains, are to contribute PLN 15 mln to fight the coronavirus epidemic.
POLAND The Carrefour Foundation and Carrefour Polska are donating around PLN 2 mln to Polish hospitals for the fight against the coronavirus pandemic.
POLAND The Sukcesja shopping centre owned by Fabryka Biznesu in Łódź has stopped collecting rents from its tenants.
POLAND The range of temporary trading restrictions in Polish retail buildings above 2,000 sqm imposed by the Ministry of Health has been clarified after consultations with the Polish Council of Shopping Centres [PRCH] and the Ministry of Development.
POLAND Dariusz Miłek, the president of footwear and accessories retailer CCC and Ultro Holding, the owner and manager of Cuprum Arena in Lubin and Korona in Kielce, has decided to cancel rent collections from tenants whose outlets have been forced to close during the Covid-19 emergency.
POLAND Wrocław-based developer Develia (formerly LC Corp) has announced that the disruption caused by the pandemic could have a significant and potentially serious impact on the current operations of the company and its groups.
CEE REGION According to analysis by Colliers International all CEE economies this year are to decline or fall into recession as a result of the coronavirus.
POLAND The Polish government has introduced a new directive clarifying the restrictions on movement as part of its measures to combat the Covid-19 pandemic.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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 ...
Poland has jumped by as many as 49 places in the Climate Risk Index 2025, ranking countries most affected by climate change, according to the latest r ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
Atlas Estates, which invests in real estate across the CEE region, recently secured a major refinancing loan for the Warsaw Hilton Hotel. And so, we s ...
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 ...
Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is onl ...
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
The Central Communication Port (CPK) has awarded a tender for track layout changes in the Retkinia area of Łódź to Multiconsult Polska, who bid PLN ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
AFI and Echo Investment, the developers of the Towarowa22 project, have signed a deal under which AFI becomes the sole owner of the Office House offic ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Astellas Pharma Global Capability Centre has joined the tenants of The Bridge in Warsaw. The international pharmaceutical company will occupy two floo ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartme ...
Agora Mall Arad (formerly Galleria Arad) officially reopened on August 28th following an extensive refurbishment and repositioning.
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 ...
CTP has signed a lease agreement with Siemens Energy Global for the development of 20,000 sqm in CTPark Mülheim in North Rhine-Westphalia.
Flex market picks up momentum
Flex market picks up momentum
Walter Herz
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Optimism returns
Optimism returns
Walter Herz
Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...
Warehouse developers now more cautious
Warehouse developers now more cautious
Avison Young
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...