According to the latest report “Industrial and Warehouse Market in Poland”, released by Newmark Polska, 2023 was one of the best years in the market’s history. It saw the second highest new supply (3.7 mln sqm) and the third highest take-up (5.6 mln sqm) and development pipeline (2.8 mln sqm). Considerable warehouse availability levels brought a long-awaited stabilization of rental rates.
Polcast Media Group, the owner of Polonia 1 television, one of Poland's oldest commercial television stations, has recently secured a lease for circa 500 sqm in Trinity One office building located in Warsaw's Służewiec district.
The Loftmill label has joined the tenants of the .KTW I office building. Owned by Rise.pl, the company offers serviced offices and coworking space.
Panattoni has been awarded another BREEAM certificate with a rating of Outstanding for Panattoni Park Poznań A2. The building B was constructed for H&M without the use of PCVs.
Warsaw's Diuna office complex from the Syrena Real Estate portfolio has welcomed a new tenant, JDE Peet's. The company's new 900 sqm office was designed by BIT Creative.
Despite the monetary headwinds and continued economic uncertainty around the world, there is a strong belief that the global real estate industry is at a "pivot point", with improving prospects ahead for renewed investment activity, according to the latest Emerging Trends in Real Estate® Global Outlook 2024 from PwC and the Urban Land Institute.
Automotive company AS-PL has signed up to Panattoni Park Tricity East I by leasing nearly 2,900 sqm of warehouse and office space.
MIPIM 2024 has officially closed, but we have our special podcast series from Cannes for you! Tune in to all the latest news, opinions and forecasts from the fair – this week exclusively at www.eurobuildcee.com and global streaming platforms!
Panattoni has completed and handed over the main European production facility for Maxcess. Built on a BTS basis, the new hall in Łubowo will facilitate the relocation of the existing factory, enhance the capacity for new product and service development, and is expected to double employment, bolstering the local labor market's growth.
The technology company Freudenberg Sealing Technologies will move into the multi-user campus Victoria Park Hamburg, currently being developed by Garbe in a joint venture with the Jebens Group. The property, which has a total area of around 12,000 sqm, is scheduled for completion in February next year.
Revetas Capital and TriGranit have officially secured the occupancy permit for the second phase of Millennium Gardens in Budapest.
Vastint Romania is starting phase II of the Timpuri Noi Square project in Bucharest. After obtaining the necessary permits, the developer will construct two new office buildings, which will increase the area of the entire complex to more than 100,000 sqm.
Segro has signed an agreement with Centrumelektroniki.eu for the rental of warehouse and office space in Silesia. In the new location, the company will strengthen its existing logistics services, offering more efficient completion and shipment of products to the target customer.
CTP is starting construction of its first manufacturing and logistics complex in the Podkarpackie region. In Rzeszów, the developer will build a complex of two facilities with a total leasable area of nearly 50,000 sqm.
Konica Minolta Business Solutions has extended its 3,000 sqm office lease at The Park Warsaw complex in the capital's Włochy district. The company will remain in the location for another five years.
After the very successful years of 2021 and 2022, known as the golden period of development of the industrial market in Poland, 2023 was a period of greater challenges due to a change in the macroeconomic situation. Axi Immo presents the "Polish Industrial Market 2023" report.
The trophy ceremony for the Global ESG Awards took place during MIPIM in Cannes. Following 180 nominations across six categories, 6,801 public votes and 2,177 evaluations done by a global official jury committee, a ranking revealed six winners.
NEPI Rockcastle has expanded its development and refurbishment pipeline in 2024 to just over EUR 650 mln across its Central and Eastern European markets, the biggest retail investment programme in the region.
Leroy Merlin leased two retail spaces in Bucharest with a combined area of 21,000 sqm from the Supernova Group.
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 programme across its European business park portfolio.
Real estate investor and fund manager Cromwell Property Group has secured a EUR 66 mln green loan for the 61,000 sqm Janki shopping centre on the southern outskirts of Warsaw.
Pad Res, a joint venture between Griffin Capital Partners and Kajima Europe, is to build two photovoltaic farms in Pomerania with a total capacity of 117 megawatts.
German asset manager KGAL Investment Management is to establish a joint venture to build four solar and wind parks with specialist Polish developer Lasuno for its KGAL ESPF 5 impact fund.
The newly constructed warehouse, which has expanded CTPark Prague West, has been certified as the most environmentally friendly industrial building in the Czech Republic according to ‘BREEAM New Construction’ standards, with a record score of 92.1 pct. The building is home to Rhenus Logistics, which uses it as a cross-dock for its pan-European network for collection services and warehousing.
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.
Energy consumption reduced by almost 48 pct, almost 4 mln litres of water saved in a year and CO2 emissions reduced by more than 3,900 tonnes - these are the savings generated by the Warsaw P180 office building, developed by Skanska in Warsaw by the Wilanowska metro station. The investment has just received LEED Core & Shell certification at the Platinum level.
Docks Bruxsel in Brussels has received a CO2 neutrality certificate from CO2logic/South Pole. It is the first large shopping centre in Europe to receive this certification.
Panattoni has received an "Outstanding" rating under the BREEAM International New Construction system for Panattoni Park Szczecin III halls A and B. This is the first such high level of certification in the industrial real estate market in Poland for a newly built investment.
CA Immo has concluded 45 lease agreements with a total of nearly 29,000 sqm of office space in Warsaw in the past year, 20 pct of which in Q4 of 2022. The company has also introduced a green lease initiative in 2022, governing mutual commitment of landlord and tenant to optimize sustainable building operations. Since May 2022, 23 green lease agreements have already been concluded.
.Ktw II office building, developed by TDJ Estate, has been certified BREEAM at the Excellent level. The document is the final assessment of the investment's environmental impact. The building achieved a score of 80.6 pct.
Globalworth received 47 various ESG related certifications for its Romanian portfolio in 2022, among them LEED, BREEM, WELL Health & Safety and Access4you accreditations.
Panattoni is supporting the upcycling of the machinery used to generate green energy. In 15 of its locations environmentally friendly outdoor furniture made from former wind turbines can already be found, and in 2023 similar furniture is to appear in another 100 locations.
Futureal’s Etele Plaza in Budapest has received BREEAM 'Very Good' certification in the retail category.
Bilfinger Tebodin has completed work on a 27 MW wind farm in Kostomłoty in the South-West of Poland. The investment was carried out by Polenergia, Poland's largest private energy group.
Ghelamco has completed its first three photovoltaic farms as part of its programme to achieve energy neutrality, announced in May 2022. The installations, with a capacity of nearly 3 MW, were built in three locations in the Opole region.
C3, the Circular Construction & Technology Center project in Bremen is the Strabag’s first competence centre for sustainable circularity. It will be focused on resource reprocessing, it will be energy self-sufficient and climate neutral.
Czech developer CTP has obtained the first BREEAM ‘Outstanding’ certification – the highest possible level – of its Romanian portfolio for the Clubhaus multifunctional building, part of the CTPark Bucharest West industrial park.
The fifth floor of the Spark C building in Warsaw, which houses the head office of the Skanska’s commercial development business unit in the CEE region, has just been obtained a renewal of its Well Commercial Interior certificate. This is the first such recertification in Poland and the CEE region, and the second in Europe.
All 17 properties in the Polish portfolio of Romanian developer Globalworth have obtained Well Health-Safety Rating certification.
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory ...
According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated b ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni has extended its sponsorship agreement with Poland’s premier golfer, Adrian Meronk. In the first year of Panattoni’s sponsorship, Meronk ach ...
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 ...
Panattoni has been awarded another BREEAM certificate with a rating of Outstanding for Panattoni Park Poznań A2. The building B was constructed for H& ...
Eurobuild Awards 2023 is behind us, but if you haven't yet gotten your hands on the special "Eurobuild" supplement prepared for the Gala evening, you ...
The March edition of our monthly has been released – the magazine is available online and in a paper version, which will be also delivered to guests o ...
MIPIM 2024 has officially closed, but we have our special podcast series from Cannes for you! Tune in to all the latest news, opinions and forecasts f ...
The Polish government has just announced the introduction of an additional levy on the media, which it calls an advertising tax, cynically justifying ...
This latest episode of 'Eye to Eye' is hot out of the podcast oven and ready to listen to! Eurobuild’s guest today is Paweł Sapek, the head of Prologi ...
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 ...
Radisson RED Belgrade has opened its doors as a new upscale lifestyle hotel, marking the debut of the Radisson RED brand in Southeast Europe.
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held th ...
The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
Despite the monetary headwinds and continued economic uncertainty around the world, there is a strong belief that the global real estate industry is a ...
Slovak investment fund Prvý realitný fond, through its company Logis Rugvica, has acquired a plot of land in the area of the village of Sveta Helena n ...
We would like to invite you to the meeting: "Explore Silesia: Where Economic Resilience Meets Opportunity!", held at MIPIM this Wednesday. Silesia and ...
Polcast Media Group, the owner of Polonia 1 television, one of Poland's oldest commercial television stations, has recently secured a lease for circa ...
CPI Property Group has appointed CBRE as manager of its Serbian Stop Shop retail park portfolio. It comprises 14 retail parks in 14 cities and more th ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
Revetas Capital has recently concluded the disposal of Bonarka Meadows in Krakow, a permitted residential development project, to Henniger Investment. ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
According to the latest report “Industrial and Warehouse Market in Poland”, released by Newmark Polska, 2023 was one of the best years in the market’s ...
A queue for residential plots
A queue for residential plots
Walter Herz
Recently, there have been major changes on the investment land market. The expectations of plot owners are still high, however nowadays, buyers are willing to pay more for plots th ...
Waiting for cheaper money
Waiting for cheaper money
Walter Herz
In 2023, Polish investment market, like foreign markets, saw low investor activity. The value of investment volumes in all real estate sectors was much lower than in previous years ...
Investing in ‘safe havens’
Investing in ‘safe havens’
Avison Young
One of the basic rules of investing says: ‘don’t put all your eggs in one basket.’ We can secure capital through broadly understood diversification, i.e. dividing ...