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ROMANIA One Cotroceni Park phase I makes its bow

Office & mixed-use development
One United Properties has completed the first building of its large-scale One Cotroceni Park mixed-use development in Bucharest’s central Cotroceni district.

The building, phase one of the development, comprises 46,000 sqm gla of office and retail/services space. Around 75 pct of the office space in the building has already been leased.

Construction work is underway on the second building (phase two), which will offer 35,000 sqm gla and should be completed this year. Tenants of the office space in One Cotroceni Park will include Superbet, Deutsche Bahn Cargo Romania and SII Romania.

We have with One Cotroceni Park a state-of-the-art concept that perfectly integrates working, living and shopping, all in one sustainable development that redefines classic real estate. This large-scale urban regeneration development brings value to the local community and to Bucharest itself, as the city’s image will be elevated to a level comparable to the top global metropolises.
Mihai Păduroiu, the CEO of the office division of One United Properties

The project, which has received LEED Platinum v4 pre-certification, will also include around 850 apartments, extensive green space, a swimming pool, a cinema, a kindergarten and educational facilities.

Latest news

Office & mixed-use development

CZECH REPUBLIC First stone laid for Roztyly Plaza

schedule 13 May 2022
Opr./edited by NN

Passerinvest has laid the foundation stone for the Roztyly Plaza office development in Chodov (Prague 11).

Office & mixed-use development

POLAND First Property refilling Gdynia building

schedule 13 May 2022
Opr./edited by NN

First Property Group has announced that it has signed leases totalling 2,691 sqm of its Podolska 21 office building in Gdynia – amounting to 20 pct of the net internal area.

Office & mixed-use development

POLAND Emerson expands HQ in Konstruktorska BC

schedule 13 May 2022
Nathan North
deputy editor

Emerson Process Management has decided to extend its lease and increase the space it occupies at Konstruktorska Business Center in Warsaw.

Property and Facility Management

POLAND Savills to take care of Sky Tower

schedule 13 May 2022
Opr./edited by NN

Savills has been appointed as the property manager for Sky Tower in Wrocław, which was acquired by Adventum Group in March. The consultancy previously acted as the advisor for the acquisition of the property.

Office & mixed-use development

Poland Ebury Partners enters Widok Towers

schedule 12 May 2022

Financial services provider Ebury Partners has leased 800 sqm on the eleventh floor of the Widok Towers office building in the centre of Warsaw.

Office & mixed-use development

Lakeside powered by green electricity during construction

schedule 12 May 2022

The construction of the Lakeside office building in Warsaw's Mokotów district, is being completely powered by clean energy from renewable sources.

Technology

Poland Hi Tech bicycle storage comes to Norblin Factory

schedule 12 May 2022

The machine has been installed in the Norblin Factory centre in Warsaw and can store up to 96 bikes.

Investment & finance

Poland 7R sells Polish project portfolio to CTP

schedule 12 May 2022
Eurobuild CEE

Polish industrial developer 7R has finalised the sale of a portfolio of projects across Poland to its Czech counterpart CTP Group. The portfolio includes sites with projects in both the development and pre-development phases. Around 1.2 mln sqm gla could potentially be developed on the acquired sites.

Property and Facility Management

POLAND CBRE IM chooses C&W for Nexus

schedule 12 May 2022
Opr./edited by NN

Cushman & Wakefield has been appointed by CBRE Investment Management to be the property manager of its Nexus portfolio of eight logistics centres across Poland.

Office & mixed-use development

POLAND Snowflake floats into Lixa C

schedule 12 May 2022
Nathan North
deputy editor

Silicon Valley based cloud computing specialist Snowflake has signed a 10-year lease for more than 7,000 sqm of office space in the recently completed Lixa C building in Warsaw.

Office & mixed-use development

POLAND Bank Pekao moves HQ to 18 floors of Forest Tower

schedule 12 May 2022
Opr./edited by NN

For its new head office, Bank Pekao has leased 18 floors of the 28-storey Forest Tower building, which was recently completed by Slovak developer HB Reavis in Warsaw.

Events

Poland Shining stars on the court – and off it

schedule 11 May 2022
Eurobuild CEE

It is once again our great pleasure to invite you to the Warszawianka Tennis Club in Warsaw for the 17th Annual Eurobuild CEE Tennis Tournament for the real estate market, which takes place on Friday, May 27th. But hurry – the invitation list is almost complete!

Construction

POLAND Rex-Bud to build MDC2 Park Gliwice

schedule 11 May 2022
Opr./edited by NN

Polish industrial developer MDC2 has chosen Rex-Bud Budownictwo to be the general contractor for MDC2 Park Gliwice in Upper Silesia.

Retail & leisure

ROMANIA MAS shops for PKM centres

schedule 11 May 2022
Nathan North
deputy editor

MAS Real Estate has agreed to buy six Romanian shopping centres with a combined area of 132,800 sqm gla from PKM Development, its joint venture with Prime Kapital, for EUR 319.7 mln.

Investment & finance

CENTRAL EUROPE S Immo comes to takeover terms with CPI

schedule 11 May 2022
Nathan North
deputy editor

Austrian real estate investor S Immo and its Czech counterpart CPI Property Group have reached an agreement on the latter’s intended takeover of S Immo, involving the removal of the voting cap required by CPI to launch a mandatory offer.

Retail & leisure

POLAND Karuzela Puławy opens

schedule 11 May 2022
Opr./edited by NN

Belgian real estate fund manager Mitiska REIM and Polish developer Karuzela Holding have opened a retail park in Puławy following the conversion of a former Tesco hypermarket on the site.

Warehouse & industrial

Czech Republic ESA Logistika takes up with Prologis near Prague

schedule 11 May 2022

The first building of Prologis Park Prague-D1 Ostředek has been completed and is now to be fully occupied, following the signing of a 4,600 sqm lease with ESA Logistika.

Office & mixed-use development

Poland K2 now completed

schedule 11 May 2022

Vastint Poland has received an occupancy permit for its K2 project in Gdynia.

Warehouse & industrial

Czech Republic Panattoni starts work on Chomutov forklift plant

schedule 10 May 2022

Panattoni in partnership with RSJ has started construction work on a forklift production plant for Jungheinrich.

Office & mixed-use development

Poland Office vacancy dips in Warsaw

schedule 10 May 2022

Over the first three months of the year, 93,400 sqm of office space was delivered to the Warsaw office market, bringing the city’s total office stock to around 6.24 mln sqm – according to Cushman & Wakefield.

Latest in Office & mixed-use development

schedule 13 May 2022

First stone laid for Roztyly Plaza

Passerinvest has laid the foundation stone for the Roztyly Plaza office development in Chodov (Prague 11).

schedule 13 May 2022

First Property refilling Gdynia building

First Property Group has announced that it has signed leases totalling 2,691 sqm of its Podolska 21 office building in Gdynia – amounting to 20 pct of the net internal area.

schedule 13 May 2022

Emerson expands HQ in Konstruktorska BC

Emerson Process Management has decided to extend its lease and increase the space it occupies at Konstruktorska Business Center in Warsaw.

schedule 12 May 2022

Ebury Partners enters Widok Towers

Financial services provider Ebury Partners has leased 800 sqm on the eleventh floor of the Widok Towers office building in the centre of Warsaw.

schedule 12 May 2022

Lakeside powered by green electricity during construction

The construction of the Lakeside office building in Warsaw's Mokotów district, is being completely powered by clean energy from renewable sources.

schedule 12 May 2022

Snowflake floats into Lixa C

Silicon Valley based cloud computing specialist Snowflake has signed a 10-year lease for more than 7,000 sqm of office space in the recently completed Lixa C building in Warsaw.

schedule 12 May 2022

Bank Pekao moves HQ to 18 floors of Forest Tower

For its new head office, Bank Pekao has leased 18 floors of the 28-storey Forest Tower building, which was recently completed by Slovak developer HB Reavis in Warsaw.

schedule 11 May 2022

K2 now completed

Vastint Poland has received an occupancy permit for its K2 project in Gdynia.

schedule 10 May 2022

Office vacancy dips in Warsaw

Over the first three months of the year, 93,400 sqm of office space was delivered to the Warsaw office market, bringing the city’s total office stock to around 6.24 mln sqm – according to Cushman & Wakefield.

schedule 09 May 2022

Tenants stay at Tryton

Globalworth, the owner and manager of Tryton Business House in Gdańsk, has prolonged a number of lease contracts with such tenants as EY, Eltel Networks, UPC and PGS Software for a total area of 3,600 sqm.

schedule 09 May 2022

Huawei takes more in Globalworth Tower

Chinese tech giant Huawei has extended its lease and enlarged its premises in Globalworth Tower in Bucharest.

schedule 09 May 2022

Four deals signed for Wola Center

Four lease agreements have been signed for a combined 7,500 sqm of office space in Wola Center in Warsaw. Three of the deals are leases to new tenants.

schedule 06 May 2022

Santander takes up 17,500 sqm in BG Poznań

Two of Spanish banking group Santander’s businesses have together leased 17,500 sqm at Business Garden Poznań.

schedule 05 May 2022

Regus to open in Okrąglak

Serviced offices provider Regus has leased 1,455 sqm, spread over two floors, in the Okrąglak building in Poznań.

schedule 04 May 2022

Europa Ubezpieczenie to move into Quorum

Insurance company Europa Ubezpieczenia has leased 1,900 sqm in the Quorum building in Wrocław under construction by Cavatina Holding.

schedule 04 May 2022

Brain Park nears completion

The topping out ceremony has been held for Brain Park stages A and B on ul. Fabryczna in Kraków.

schedule 29 April 2022

Parkview hits 100 pct mark

The Parkview office building in Prague is now fully-occupied after two new tenants signed leases.

schedule 28 April 2022

PINK takes a look at the regions

The Polish Chamber of Commercial Real Estate (PINK) has published its collated figures for the office market in Poland’s eight largest regional ciites (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, Szczecin) for Q1 2022.

schedule 28 April 2022

ADM stays on in Poznań Business Garden

Food processing company ADM has renegotiated its lease of over 2,000 sqm in the Business Garden Poznań office centre.

schedule 27 April 2022

Insurer secured for Business Garden Vilnius

At the end of this year, the Lithuanian branch of the insurance company BTA Baltic Insurance Company will relocate its head office to Business Garden Vilnius.

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