Warehouse & industrial
The JV of Partners Group and Peakside Capital Advisors has completed the construction of the first warehouse facility in City Point Targówek. The 7,000 sqm building fully leased to DPD Polska is the part of a complex which will provide nearly 100,000 sqm space in the biggest park of last-mile logistics in the Warsaw boundaries.
Material partner
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.
Retail & leisure
Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total.
Residential
According to the Berlin 2024 Residential Market Report by real estate financier Berlin Hyp and real estate service provider CBRE, purchase prices have fallen, while pressure on the rental housing market continues to increase. As a result, rental prices are continuing to rise sharply.
Hotels
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almost 100 cities through Holiday Inn – the niu brand collaboration and European debuts for IHG’s Garner and Candlewood Suites.
Warehouse & industrial
Hillwood Polska has started its first investment in the Poznań market. As part of the Hillwood Poznań - Czempiń project, the company is building a warehouse complex of nearly 130,000 sqm.
Retail & leisure
Centrum Černý Most, a shopping centre in the Prague region, is set to undergo a significant expansion of 9,100 sqm that will add over 30 new shops and restaurants, as well as additional screens to the centre’s multiplex cinema.
Office & mixed-use development
The structure of The Bridge skyscraper in Warsaw's Wola district has reached its final height, i.e. 174 m. The builders have just completed the last technical floor. Installation and finishing works inside the facility and the assembly of the facade are in progress.
Retail & leisure
Redkom Development sold 100 pct of shares in the company holding the Glinianka complex. The retail park, located near Warsaw, has been bought by CEE-Big Europe.
Warehouse & industrial
Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a European members-only online destination for premium and luxury off-price fashion. The building has a total area of 136,000 sqm, which makes it one of the largest logistics centres in the region.
Warehouse & industrial
CTP has signed a deal with Quanta Computer, a Taiwanese company that manufactures computers and electronic hardware, for a 22,500 sqm production facility at CTPark Jülich in northwest Germany.
Warehouse & industrial
Medical company Fresenius Medical Care has renegotiated its lease of 3,900 sqm of warehouse space and 120 sqm of office space in Prologis Park Poznań.
Events
We regret to inform you that Piotr Kroenke, long-time general director of GTC and co-creator of many of the company's successes, has passed away.
ESG
BIK Park Sosnowiec II has successfully passed the BREEAM certification at the Very Good level. Last year, BIK Park Wrocław I and II - two other properties from the portfolio of Biuro Inwestycji Kapitałowych - went through the same assessment process.
Investment & finance
According to the special research report Romania Retail Destinations 2024, released by CBRE Romania, by the end of 2024 the stock of modern retail spaces in the country will overpass 4.5 mln sqm. It will set a new record for Romania.
Warehouse & industrial
Panattoni has built another facility in Lesser Poland, City Logistics Krakow Airport II. The investment was made on a speculative basis and already has its first tenant – Allegro.
Warehouse & industrial
Marelvi, a distributor of electronics and home appliances in Romania, has extended its lease agreement for more than 8,100 sqm of space at the MLP Bucharest West logistics park.
Eurobuild CEE
The next edition of our monthly magazine is now available both in paper and digital versions! Traditionally, the new issue was first sent to our conference guests, and then to all readers!
Warehouse & industrial
Panattoni has launched the construction of Panattoni Park Ruda Śląska IV. A major tenant has already been found with Midocean to lease 20,000 sqm of storage space, including an extension option for a further 10,000 sqm.
Investment & finance
Mitiska REIM has sold a 6.7ha land plot to Momentum Leisure to develop a theme and water park which will further reinforce the offering of the Europa Centralna retail center, located in Gliwice.
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 more than 20 projects, with the construction of a passenger terminal, a cargo terminal, a technical hangar, as well as taking into account changes to the airport's transport system.
Electrum is building a 200 MW solar farm for EDP Renewables. The project will be built on 245 hectares in the Przykona municipality in the Greater Poland voivodeship. The investment is being carried out in record time of less than a year. The engineering work is scheduled to be completed in autumn 2023.
Mazowiecki province has issued a ZRID permit for Mostostal Warszawa to construct a 12 km section of the S7 expressway between Załuski and Modlin, north of Warsaw.
Swiss railway terminal operator Hupac has completed the development of a railway terminal in Brwinów, about 30 km west of Warsaw city centre.
A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.
Mostostal Warszawa and Acciona Construcción are starting work on a 10 km section of the S19 from Rzeszów Południe to Babica.
Development work on another section of the S74 expressway has begun with the signing of a PLN 557.7 mln contract to design and build the 16.4 km stretch of road between the Przełom/Mniów and Kielce Zachód junctions.
A permit has been issued for the construction of the ZRID S19 expressway from Rzeszów to Babica.
The European Investment Bank has loaned Bank Gospodarstwa Krajowego EUR 250 mln for its Krajowy Fundusz Drogowy [National Road Fund] to build the S3 expressway from Świnoujście to Szczecin.
A 20.17 km section of the S61 expressway has been opened between Wysokie and Raczki.
Permission has been granted to open the road tunnel that forms part of Warsaw’s southern bypass running underneath the city’s Ursynów district.
Czech construction group Geosan has finalised the 100 pct acquisition of Slovak construction firm Váhostav – SK.
Czech industrial developer CTP is to build a cargo terminal at the airport in Oradea in western Romania, after being selected to carry out the project in a tender held in August.
Austrian construction firm Strabag, together with its consortium partners, has won two Prague metro contracts – the refurbishment of Jiřího z Poděbrad station and the construction of the first section of line D of the underground railway.
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.
Warbud is to rebuild a road bridge over the river Warta in Kostrzyn nad Odrą, close to the Polish-German border.
Skanska has been awarded a contract worth more than CZK 1.95 bln (app. EUR 77 mln) from the Czech highway authority to build a section of the D55 motorway in the area of Staré Město in Moravia.
Mostostal Warszawa has signed a contract worth nearly PLN 30 mln with PKP Intercity to renovate the train depot at the Wrocław Główny railway station.
The city of Warsaw has just announced a tender for a footbridge across the Vistula river.
Skanska and Elzel have been awarded a contract by Správa železnic (the Czech Railway Administrator) to upgrade a 7.4 km stretch of railway in Pardubice, around 100 km east of Prague.
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 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 ...
BIK Park Sosnowiec II has successfully passed the BREEAM certification at the Very Good level. Last year, BIK Park Wrocław I and II - two other proper ...
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 next edition of our monthly magazine is now available both in paper and digital versions! Traditionally, the new issue was first sent to our confe ...
Welcome to Eurobuild FM! We invited an excellent expert to the today's episode – distinguished structural engineer Tristram Carfrae, deputy chair of w ...
We regret to inform you that Piotr Kroenke, long-time general director of GTC and co-creator of many of the company's successes, has passed away.
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 ...
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almos ...
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 ...
According to the special research report Romania Retail Destinations 2024, released by CBRE Romania, by the end of 2024 the stock of modern retail spa ...
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 ...
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the constr ...
The structure of The Bridge skyscraper in Warsaw's Wola district has reached its final height, i.e. 174 m. The builders have just completed the last t ...
M Core announces the launch of ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new managem ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
According to the Berlin 2024 Residential Market Report by real estate financier Berlin Hyp and real estate service provider CBRE, purchase prices have ...
Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the co ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
The JV of Partners Group and Peakside Capital Advisors has completed the construction of the first warehouse facility in City Point Targówek. The 7,00 ...
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
Walter Herz
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...
The retail sector is not slowing down
The retail sector is not slowing down
Walter Herz
The pandemic, conflict in Ukraine as well as inflation and high interest rates that recent years have brought have reshaped the real estate market around the world. The global slow ...
Retail parks – current opportunities
Retail parks – current opportunities
Avison Young
Over the last few years, retail parks in Poland were mostly developed in smaller formats, around 5,000 sqm, either adding to the existing retail landscape or introducing modern ret ...