PL

Romania Vaccination centre provided by Globalworth

Coronavirus
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.

The new centre is on the ground floor of the City Offices building and has a total area of 306 sqm, So far, the Globalworth Foundation has contributed around EUR 670,000 towards ten hospitals in Romania and Poland to equip intensive care units.

Now, more than ever, it is vital to stay focused and to assume an active role in minimising the spread of Covid-19 for the safety of our community. Vaccination is the only possibility for resuming normal economic and social conditions, and we know how badly it is needed.
Georgiana Iliescu, Globalworth Foundation Executive Director.

Latest news

POLAND Hart Logistics leases 10,000 sqm BTS in MLP Poznań West

schedule 27 July 2021
Opr./edited by NN

Polish warehouse property developer MLP Group is to build a 10,000 sqm facility for Hart Logistics in MLP Poznań West.

Office & mixed-use development

ROMANIA EUR 78 mln loan for One Cotroceni Park

schedule 27 July 2021
Nathan North
deputy editor

One United Properties has been loaned EUR 78 mln from a consortium of banks for its One Cotroceni Park office complex in Bucharest.

Warehouse & industrial

POLAND White Star Logistics launches first two projects

schedule 27 July 2021
Nathan North
deputy editor

White Star Logistics, a new joint venture between White Star Real Estate and fellow US investor Bain Capital Credit, is to develop its first two logistics centres – in Nowy Konik and Raszyn, on Warsaw’s eastern and southwestern outskirts, respectively.

Warehouse & industrial

HUNGARY Knapp buys former lawnmower plant

schedule 26 July 2021
Opr./edited by NN

Austrian automation company Knapp has bought a 30,000 sqm industrial plant near Veszprém from lawnmower producer MTD Hungary for an undisclosed sum.

Infrastructure

ROMANIA Strabag awarded EUR 111 mln Oradea contract

schedule 26 July 2021
Opr./edited by NN

Austrian construction firm Strabag has been awarded an EUR 111 mln contract to build a 19 km dual carriageway between Oradea and the A3 motorway.

Warehouse & industrial

POLAND Tenth building with new tenants for 7R Park Kraków

schedule 26 July 2021
Nathan North
deputy editor

Polish industrial developer 7R has brought into use the tenth warehouse building in 7R Park Kraków in Kokotów on the south-eastern outskirts of the city.

Office & mixed-use development

POLAND Koneser up for sale

schedule 26 July 2021
Nathan North
deputy editor

BBI Development and Liebrecht & Wood have started the process for selling their city-forming Centrum Praskie Koneser redevelopment project in Warsaw’s Praga district.

Office & mixed-use development

POLAND Colliers chosen for University Business Park

schedule 23 July 2021
Opr./edited by NN

Colliers has been chosen to be the exclusive commercialisation agent for University Business Park in Łódź, which is owned by Globe Trade Centre.

Architecture and urban planning

CZECH REPUBLIC Dutch duo wins Brno station design competition

schedule 23 July 2021
Nathan North
deputy editor

Dutch studios Benthem Crouwel Architekten and West 8 have won the competition to design a new central railway station for Brno, in what was the largest architectural competition in the history of the Czech Republic.

Green projects

ROMANIA NEPI obtains EUR 73 mln green loan

schedule 23 July 2021
Opr./edited by NN

The International Finance Corporation (IFC) has provided a provides a EUR 73 mln green loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockcastle, for the development of sustainable real estate in Romania.

Office & mixed-use development

POLAND Warsaw office vacancy hits 12 pct

schedule 23 July 2021
Opr./edited by NN

At the end of Q2 2021, the total modern office stock in Warsaw amounted to almost 6.1 mln sqm, according to the latest figures from PINK (the Polish Chamber of Commercial Properties). The vacancy rate was up by 1.1 pp q-o-q and by 4.6 pp y-o-y to 12.5 pct.

Office & mixed-use development

POLAND Apple Museum at Norblin Factory

schedule 22 July 2021
Opr./edited by NN

A museum dedicated to Apple products is to open in the Norblin Factory complex in the autumn with 1,500 exhibits related to the development and evolution of the company’s technology.

Infrastructure

POLAND Warbud to build new Kostrzyn bridge

schedule 22 July 2021
Opr./edited by NN

Warbud is to rebuild a road bridge over the river Warta in Kostrzyn nad Odrą, close to the Polish-German border.

Retail & leisure

CZECH REPUBLIC Patria buys two retail parks

schedule 22 July 2021
Opr./edited by NN

Patria has bought two retail parks from Czech developer KPD – in Ovčáry just outside in Kolín in central Bohemia and in Mohelnice in the Olomouc district of Moravia.

Public buildings

POLAND Złota 44 sales hit record figures

schedule 22 July 2021
Opr./edited by NN

In Q2 2021, the value of the apartments sold in the exclusive Złota 44 residential tower in Warsaw was 28 pct higher than the previous highest figure recorded in Q4 2020.

Office & mixed-use development

POLAND City takes up 12,000 sqm in Widok Towers

schedule 21 July 2021
Nathan North
deputy editor

Warsaw city council has leased 12,000 sqm in the newly completed Widok Towers in the centre of the capital.

Office & mixed-use development

POLAND Axi Immo happy in Spektrum and Muchowiec

schedule 21 July 2021
Opr./edited by NN

Industrial and office agency Axi Immo has renewed the leases for its premises on the top floor of Spektrum Tower in Warsaw’s CBD as well as in Muchowiec Active Park in Katowice.

Office & mixed-use development

HUNGARY RTL to broadcast from Liget

schedule 21 July 2021
Opr./edited by NN

RTL Services, the business services company for Magyar RTL Televízió, has signed a long-term lease for space in the Liget Center and the Liget Auditórium office buildings in Budapest, which are owned by Wing.

Retail & leisure

ROMANIA Scallier buys Timişoara project for FunShop Park

schedule 21 July 2021
Opr./edited by NN

Polish developer Scallier has acquired a retail park development from Oasis Retail & Development Consulting in Timişoara for an undisclosed sum.

Investment & finance

ROMANIA Austrian office investors pump up the volume

schedule 20 July 2021
Opr./edited by NN

Almost EUR 300 mln was invested in Romanian real estate in H1 2021, according to figures provided by Cushman & Wakefield Echinox. A large contribution to the volume was provided by the increased activity of Austrian office investors.

Latest in Coronavirus

schedule 30 March 2021

Vaccination centre provided by Globalworth

The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.

schedule 24 June 2020

Employers in no rush to return to workplaces

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.

schedule 14 May 2020

Catella sees hope and chances for real estate after Covid-19

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.

schedule 14 May 2020

Build Europe pushes post-coronavirus action plan

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.

schedule 14 May 2020

Polish RE lends an even greater hand to fight the pandemic

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.

schedule 07 May 2020

Panattoni to provide PLN 0.5 bln worth of medical supplies

POLAND Warehouse developer Panattoni has allocated PLN 500,000 to buy medical supplies for three Polish hospitals.

schedule 14 April 2020

Landlords underwhelmed by emergency relief

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.

schedule 14 April 2020

Toyota prepares to reopen Polish plants

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.

schedule 08 April 2020

AFI Braşov now to open in the autumn

ROMANIA AFI Europe Romania has announced that it is rescheduling the opening of its AFI Braşov shopping and entertainment centre due to the pandemic.

schedule 08 April 2020

Aleja opening postponed

SLOVENIA The official opening of the Aleja shopping centre in Ljubljana’s Šiška district has been postponed.

schedule 07 April 2020

BPI opens virtual sales office

POLAND BPI Real Estate Polandis to introduce a virtual sales office for all of its Polish projects.

schedule 07 April 2020

Rent suspension in Sukcesja

POLAND Rent payments have been suspended for all tenants in the Sukcesja shopping centre in Łódź.

schedule 03 April 2020

Retailers join the fight

POLAND The Polish Trade and Distribution Organisation [POHiD], an association of retail chains, are to contribute PLN 15 mln to fight the coronavirus epidemic.

schedule 02 April 2020

Carrefour donates PLN 2 mln to fight pandemic

POLAND The Carrefour Foundation and Carrefour Polska are donating around PLN 2 mln to Polish hospitals for the fight against the coronavirus pandemic.

schedule 01 April 2020

Pay no rent in Sukcesja

POLAND The Sukcesja shopping centre owned by Fabryka Biznesu in Łódź has stopped collecting rents from its tenants.

schedule 31 March 2020

Government takes on board PRCH recommendations

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.

schedule 31 March 2020

Rent holiday for CCC and Ultro tenants

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.

schedule 31 March 2020

Develia fears Covid-19 impact on business

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.

schedule 31 March 2020

Economies rebalance in wake of coronavirus

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.

schedule 30 March 2020

Movement and gatherings ban tightened further

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.

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