PL

Poland Three acquisitions for LCP

Retail & leisure
The LCP Group has just finalised the purchase of three retail parks in Bytom, Góra Kalwaria and Plewiska near Poznań.

The Plewiska Retail Park on ul. Grunwaldzka was built in 2020 and comprises 1,440 sqm gla. The tenants include KiK, Pepco and Rossman. The Bytom park is on ul. Felińskiego and comprises 1,653 sqm gla. The tenants include Pepco, Rossmann and a Stokrotka grocery store. The third Retail Park in Góra Kalwaria is under construction on ul. Wyszyńskiego Street. Biedronka is to open by the end of the year while Pepco and Rossmann are to open in the first quarter of 2022. The centre will comprise over 2,000 sqm gla with 65 parking spaces.

We are glad to have added commercial projects with such potential to our portfolio. In the properties purchased, we see a long-term investment that follows our fund's strategy
Katarzyna Szeleźnik, acquisition director at LCP Properties.

Latest news

Investment & finance

CENTRAL EUROPE S Immo takes on CPI over Immofinanz takeover

schedule 07 December 2021
Nathan North
deputy editor

Austrian real estate investor S Immo has announced a partial takeover bid for its local rival Immofinanz in response to a bid for the latter announced late last week by Czech investor CPI Property Group.

Investment & finance

POLAND Niam sells Kraków portfolio to Corum

schedule 07 December 2021
Nathan North
deputy editor

Swedish investor Niam has sold the Axis and Kapelanka 42A office buildings in Kraków to Denver-based Corum Real Estate for an undisclosed sum.

Retail & leisure

POLAND Redefine shops for M1 Marki

schedule 07 December 2021
Nathan North
deputy editor

Chariot Group has sold the M1 Marki shopping centre on Warsaw’s northeastern outskirts to South African investor Redefine Europe for an undisclosed sum.

Retail & leisure

Czech Republic Two parks sold by Focus

schedule 06 December 2021

The Focus Estate Fund has sold two of its retail properties in the Czech Republic to DRFG investment group for an undisclosed price.

Office & mixed-use development

Poland Two tenants in Forest

schedule 06 December 2021

International propane distributor AmeriGas and a confidential media research company have both signed leases in the Forest development in Warsaw for a combined area of 5,700 sqm.

Eurobuild CEE

Poland New faces, new positions

schedule 03 December 2021
Eurobuild CEE

A number of changes have been made to Eurobuild’s editorial team, taking effect from December 1st. Anna Korólczyk-Lewandowska has been promoted to the position of deputy editor-in-chief, while Julia Cudowska has joined the team of journalists.

Warehouse & industrial

POLAND FM Logistic centre to serve Maxi Zoo in Panattoni Głogów

schedule 03 December 2021
Nathan North
deputy editor

Panattoni has laid the cornerstone for a facility for FM Logistic in Panattoni Park Głogów in Lower Silesia, which is to be used for services for pet store chain Maxi Zoo.

Office & mixed-use development

POLAND IT crowds into Skyliner

schedule 03 December 2021
Nathan North
deputy editor

Two new tenants have been secured for the Skyliner office tower in Warsaw – DXC Technology and Luxoft, which will together occupy 5,000 sqm.

Investment & finance

Serbia EBRD supports Erste

schedule 02 December 2021

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to EUR 25 mln to Erste Bank Serbia to support the resilience of small and medium-sized enterprises.

Construction

Poland Erbud to build three residential blocks in Warsaw

schedule 02 December 2021

Erbud has announced a PLN 52.8 mln contract with Polish Export Trade & Investment to build three residential buildings in Warsaw’s Praga-Południe district.

Office & mixed-use development

POLAND PepsiCo GBS moves to Brain Park

schedule 02 December 2021
Nathan North
deputy editor

Brain Park, an office complex being developed by Echo Investment in Kraków, is to become the new headquarters of PepsiCo GBS Kraków.

Investment & finance

POLAND Pekao loans Trei EUR 27.5 mln

schedule 02 December 2021
Nathan North
deputy editor

German developer Trei Real Estate has received a EUR 27.5 mln loan from Polish bank Pekao to finance it residential developments and the expansion of its Vendo Park retail park network in Poland.

Retail & leisure

LATVIA Titanium buys Riga mall

schedule 02 December 2021
Opr./edited by NN

Finnish real estate fund Titanium, which has just entered the Baltics, has made its first investment in Latvia by acquiring the Ozols shopping centre in Riga for an undisclosed sum.

Office & mixed-use development

Poland Norblin now complete

schedule 01 December 2021

Capital Park Group has completed the conversion of the Norblin Factory site in Warsaw.

Office & mixed-use development

Poland Cresa predicts years of undersupply

schedule 01 December 2021

Office development has slowed down due to property market uncertainty. In the meantime, employees have returned to offices and companies have resumed relocations.

Office & mixed-use development

Poland Dental clinic to open in Quattro

schedule 01 December 2021

Medicover has prolonged its lease in Quattro Business Park in Kraków and increased the area it occupies to over 1,100 sqm.

Warehouse & industrial

POLAND Accolade still expanding western Poland portfolio

schedule 01 December 2021
Opr./edited by NN

Czech industrial investor Accolade Group is continuing the expansion of its portfolio in western Poland by launching a new warehousing park in Jelenia Góra in Lower Silesia and expanding its existing park in Goleniów near Szczecin.

Warehouse & industrial

CZECH REPUBLIC Billa checks into P3 Horní Počernice

schedule 01 December 2021
Nathan North
deputy editor

Czech supermarket chain Billa has leased 10,656 sqm of warehousing in P3 Horní Počernice in Prague 20.

Architecture and urban planning

SLOVAKIA ESET Campus plans unveiled

schedule 01 December 2021
Nathan North
deputy editor

Slovakian cyber-security specialist ESET has unveiled its plans for ESET Campus – a 55,000 sqm innovation and technology hub in its home city of Bratislava.

Office & mixed-use development

Poland Building D joins Quorum

schedule 30 November 2021

Building D of the Quorum complex has been topped off. It will include a total of 16,000 sqm of class A office space.

Latest in Retail & leisure

schedule 07 December 2021

Redefine shops for M1 Marki

Chariot Group has sold the M1 Marki shopping centre on Warsaw’s northeastern outskirts to South African investor Redefine Europe for an undisclosed sum.

schedule 06 December 2021

Two parks sold by Focus

The Focus Estate Fund has sold two of its retail properties in the Czech Republic to DRFG investment group for an undisclosed price.

schedule 02 December 2021

Titanium buys Riga mall

Finnish real estate fund Titanium, which has just entered the Baltics, has made its first investment in Latvia by acquiring the Ozols shopping centre in Riga for an undisclosed sum.

schedule 30 November 2021

Sepsi Value Centre opens in Sfântu Gheorghe

Prime Kapital has opened Sepsi Value Centre, the first shopping centre in Covasna county in Transylvania.

schedule 26 November 2021

Galeria Andrychów opens

Galeria Andrychów, the largest retail park delivered this year, has had its grand opening.

schedule 25 November 2021

Vendo Park opens in Chorzów

Trei Real Estate Poland has opened a retail park on ul. Szpitalna in Chorzów.

schedule 24 November 2021

Three acquisitions for LCP

The LCP Group has just finalised the purchase of three retail parks in Bytom, Góra Kalwaria and Plewiska near Poznań.

schedule 22 November 2021

Polish retail rebounds

Poland’s retail stock expanded by 81,100 sqm over Q3 2021.

schedule 18 November 2021

MVGM to manage Galeria Andrychów

MVGM has been appointed by Acteeum Group and Equilis Europe to manage the Galeria Andrychów retail project.

schedule 18 November 2021

EDS plans Sosnowiec retail park

EDS Retail Park is to build a retail park in Sosnowiec with the opening planned for Q1 2023.

schedule 16 November 2021

Mitiska expands in Romania

Mitiska REIM has announced the opening of a new retail park development in Baia Mare and the opening of an extension to an existing retail park in Mediaș.

schedule 12 November 2021

Nový Smíchov food hall refurbished

Chapman Taylor has announced that it has completed the refurbishment of the food hall in the Nový Smíchov mall in Prague.

schedule 10 November 2021

Funshop opens in Focșani

The Scallier retail park in Focșani around 190 km from Bucharest is to open on 11th November. this year.

schedule 09 November 2021

Trei builds in Skarżynsko-Kamienna

Trei Real Estate Poland has started the construction stage of a Vendo Park retail park in Skarżynsko-Kamienna between Kielce and Radom.

schedule 05 November 2021

Shopping safety still major concern

Personal safety is still a key factor in feeling at ease in retail spaces according to the latest Cushman & Wakefield report.

schedule 04 November 2021

Trei enters EUR 140 mln JV with Patron

London-based Patron Capital and German developer Trei Real Estate have entered a EUR 140 mln 75:25 joint venture to develop the latter’s network of retail parks in Poland.

schedule 03 November 2021

Foundation stone laid under Karuzela Puławy

Construction work has begun on the Karuzela retail park in Puławy with the laying of the foundation stone.

schedule 27 October 2021

Six retail parks instead of Tesco

EDS Retail Park has won the bidding to buy six Tesco stores, which the Gdańsk based developer intends to convert into retail parks with a total of 29,000 sqm gla.

schedule 13 October 2021

Jysk in Homepark Targówek

Jysk has leased 1,500 sqm in the Homepark Targówek retail park in Warsaw.

schedule 04 October 2021

Work on gallery for Galeria Emka underway

LCP has started the construction of a shopping gallery extension to its Galeria Emka shopping complex in Koszalin on the Polish coast.

Categories