PL

Poland Okam to push on with Bohema

Residential
Okam has received the final construction permit for two buildings as well as the required permits to renovate the historic buildings in stages D and E of its Bohema project in Warsaw’s Praga district.

Residential, service and office buildings are to be built from scratch, while the permit also allows for the conversion of the former production hall, central warehouse, tower, boxing building and electrical building into loft apartments and service space. The site covers an area of 1.76 ha. On completion, the project is to include 371 apartments with around 500 parking spaces. Four completedly new residential buildings are to be built in stages D and E all with ground floor service and retail units. The project should be completed in Q3 2024.

Latest news

Warehouse & industrial

SAUDI ARABIA Panattoni signs $500m Saudi deal

schedule 31 October 2024
Opr./edited by NN

Panattoni Saudi Arabia and Bahrain-based GFH Financial Group (GFH) have today announced the creation of a strategic partnership for the development of 500,000 sqm of logistics facilities in Saudi Arabia.

Material partner

Poland Brownfield rather than greenfield – a model for sustainable development at City Point Targówek

schedule 07 October 2024
Eurobuild CEE

Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure expansion often requires the development of greenfields, with adverse impacts on both local ecosystems and communities. A sustainable alternative is to revitalise brownfield urban sites, as exemplified by City Point Targówek, a project led by Peakside Capital Advisors.

Investment & finance

Russia Warimpex withdraws from Russia

schedule 31 October 2024
Opr./edited by JC

Warimpex Finanz- und Beteiligungs has sold its last remaining project in Russia, the Airportcity St. Petersburg, and is therefore no longer active in the Russian market.

Retail & leisure

Romania Physical retail dominates

schedule 31 October 2024
Opr./edited by ANZ

The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging period. The study includes responses from over 60 global retailers with a store network of over 130,000 locations, and shows that 71 pct of retailers planning to increase their number of physical stores intend to do so in markets where they are already present.

Office & mixed-use development

Poland The largest office deal in Łódź

schedule 31 October 2024
Opr./edited by ANZ

A pharmaceutical company has leased 6,000 sqm in the GTC-owned Sterlinga Business Center office building in Łódź. This is the largest office deal in Łódź in 2024.

Investment & finance

Poland Trinity One office complex in Warsaw purchased by Longvilliers

schedule 30 October 2024
Opr./edited by ANZ

Revetas Group has announced the successful disposal of the Trinity One class-A office complex in Warsaw to Longvilliers. The terms of the transaction were not disclosed.

Office & mixed-use development

Poland Warsaw office market stable

schedule 30 October 2024
Opr./edited by ANZ

Cushman & Wakefield has summarised the situation on the Warsaw office market for Q3 2024. Office take-up, both in leasing volumes and transaction numbers, was comparable to that recorded in the same period in 2023. Meanwhile, muted development activity, falling vacancy rates and shrinking land availability are likely to encourage investors to launch redevelopment projects.

Investment & finance

Poland Poland can win nearshoring investment

schedule 30 October 2024
Opr./edited by JC

Poland’s highly skilled workforce, growing pool of environmentally compliant buildings and developed IT services market make it an attractive destination for foreign investors who want to shorten their supply chains, according to experts on nearshoring at law firm DLA Piper.

Office & mixed-use development

Poland BGK stays in Varso

schedule 30 October 2024
Opr./edited by ANZ

Bank Gospodarstwa Krajowego has decided to extend its lease agreement for 13,600 sqm of office space in Varso Place. The company occupies five floors of the building.

Property and Facility Management

Poland Studio B under new management

schedule 30 October 2024
Opr./edited by JC

Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate.

Warehouse & industrial

Poland AI controlled centre for Auchan

schedule 30 October 2024
Opr./edited by JC

Panattoni is constructing a fully robotic BTS distribution centre for Auchan Polska. The centre in Wilcza Góra near Warsaw is to service the  customers from the updated internet platform.

Investment & finance

Poland Refinancing near Pruszków

schedule 30 October 2024
Opr./edited by ANZ

BNP Paribas Bank has granted MLP Group financing in the total amount of EUR 21.5 mln. The funds raised will be used to refinance the construction of a 34,600 sqm warehouse facility at the MLP Pruszków II logistics centre.

Warehouse & industrial

Czech Republic The sixth Garbe park in the Czech Republic

schedule 29 October 2024
Opr./edited by ANZ

Garbe Industrial Real Estate CEE has received the building permission for the construction of two industrial facilities in Pohořelice, located approx. 30 kilometers south of Brno. The new development, consisting of two halls measuring 20,000 sqm and 11,000 sqm, is set to begin construction imminently, with plans to make the properties available within eight months.

Warehouse & industrial

Poland Huge warehouse is now up and running

schedule 29 October 2024
Opr./edited by ANZ

The Neon logistics centre, developed for Hermes Fulfilment by Panattoni, has been opened. The area of the investment in Konin Żagański amounts to over 250,000 sqm.

Warehouse & industrial

Romania Pallady hub in Bucharest fully operational

schedule 29 October 2024
Opr./edited by ANZ

Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, the first last mile logistics hub in the city.

Warehouse & industrial

Poland XBS has leased 90,000 sqm

schedule 28 October 2024
Opr./edited by JC

XBS Logistics and XBS Pro-Log of the XBS Group have leased over 90,000 sqm in total across four industrial parks near Warsaw.

Warehouse & industrial

Poland A brand new home for Toyota

schedule 28 October 2024
Opr./edited by JC

Panattoni has completed the construction of a new 50,300 sqm park in Bolesławiec. The first tenant in the development is to be Toyota Boshoku Poland.

Investment & finance

Romania OUP gains millions from leasehold sales

schedule 28 October 2024
Opr./edited by JC

One United Properties has sold long leasehold properties, part of its portfolio of commercial projects, worth EUR 52.4 mln in the last 18 months. The total GLA of the assets is 20,851 sqm.

Warehouse & industrial

Europe Operating costs in industrial halls decrease in Prague

schedule 25 October 2024
Opr./edited by ANZ

According to the Savills Global Warehousing Costs 2024 analysis, Prague is the only European city where the total costs associated with operating premium industrial properties decreased year-on-year, by 1.8 pct. 

Public buildings

Poland MHP awarded with ULI prize

schedule 25 October 2024
Opr./edited by ANZ

The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by the Urban Land Institute. Presented in the Arts and Culture category, the award is one of the highest international honours in the real estate and urban planning industry. 

Latest in Residential

schedule 18 October 2024

New Archicom housing estate in Warsaw's Służewiec district

Archicom is planning a new housing estate in Warsaw. The developer wants to implement its latest project, designed by the WWAA studio, at the intersection of ul. Postępu and ul. Bokserska.

schedule 08 October 2024

Profbud teams up with Lewandowski

Profbud will develop the City of Polish Olympic Champions. Robert Lewandowski is a shareholder, as well as a content partner of the investment, which will be built on the outskirts of Warsaw, in the Lesznowola municipality.

schedule 07 October 2024

Develia expands into student housing

Develia has signed a letter of intent with Innova Capital and Solida Capital to develop student housing through an investment fund.

schedule 02 October 2024

Metropolis life in Bratislava

Czech property group Mint is finalising the construction of its premium Metropolis residential project in Bratislava, which will comprise 298 luxury apartments.

schedule 01 October 2024

White Stone Development and Nrep join forces

White Stone Development, a Polish developer active in the residential and commercial market, has announced the signing of key agreements for a new project. A PRS development, commissioned by Nrep, which is investing through the NSF V fund, will be built in Warsaw's Bielany district.

schedule 18 September 2024

Rentals in Prague are on the rise

According to Savills Rental Housing report, the share of residential transactions within total investment volumes in Prague has been increasing since 2023. Rental housing is expected to exceed last year's volume, making 2024 one of the most successful years for this sector.

schedule 11 September 2024

AFI Home conquers Wrocław

The AFI Home platform is making its debut in a third Polish city. The development on ul. Długa in Wrocław offers 232 furnished flats.

schedule 06 September 2024

Port Praski enters new phase

Preparations are underway for the expansion of the Port Praski project. A housing estate and an attractive public space are planned along the quays of the former Warsaw port. The project will be evaluated by local residents as part of a dialogue about the investment.

schedule 23 August 2024

StudentSpace starts in Kraków

StudentSpace, a student housing platform, launched earlier this year by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, announced the start of the construction of its first investments.

schedule 07 August 2024

Resi4Rent adds more to Wrocław

Resi4Rent, Poland's largest PRS operator, has launched 290 rental apartments onto the Wrocław market this year.

schedule 01 August 2024

Skycity to grow in Gdynia

Allcon is starting the development of the Skycity Gdynia mixed-use complex, of which a 120-metre-high tower will be a part. Construction of the complex will begin later in 2024.

schedule 15 July 2024

Not only for students

The Collegia Group is launching another investment in the Tricity. A complex that will combine the functions of a student house, hotel and service space will be built at Grunwaldzka Avenue in Gdańsk.

schedule 27 June 2024

A new investor for PBSA in Poland

A new player, roomies platform, has announced its entry into the private student housing market in Poland. The new investor aims to build a portfolio of more than 2,000 units over the next five years.

schedule 21 June 2024

Off Miasto is being built in Gdańsk

Invest Komfort has announced the development of a new project in Gdańsk. Off Miasto is to be built on a plot of ca. 56,000 sqm, and the usable area of the flats will be almost 55,000 sqm. Construction of the first stage has already begun. The entire investment will take several years to complete. 

schedule 13 June 2024

Low-rise buildings, high standards

Construction works begin on the new Bellemonde residential complex in Bucharest. The project will cover a land area of over 41,000 sqm and will feature 93 villas and 71 apartments.

schedule 28 May 2024

Zeitraum is officially opened

The Zeitraum private student house in Warsaw's Solec district has opened. In addition to 214 beds, the facility offers, among other things, a roof terrace, a cinema room and rooms for learning and integration.

schedule 22 May 2024

First residential units in Towarowa 22 project

The residential part of the Towarowa 22 project in Warsaw is taking off. Archicom is starting to sell flats in the first building under the Archicom Collection brand, which will stand in the immediate vicinity of the planned park.

schedule 22 May 2024

Phase III of The Level Apartments takes off

Romanian residential developer Redport Capital has announced the start of construction of Phase III of The Level Apartments. The project has received a building permit for 105 apartments to be developed with an investment of EUR 13 mln.

schedule 06 May 2024

Downtown Yards are for sale

135 of the 650 residences have already been sold in the pre-sale phase of JTRE’s new Downtown Yards project. The mixed-use neighbourhood in Bratislava is currently under construction.

schedule 25 April 2024

JTRE enters German market

Slovakian developer JTRE is launching its first project in Germany. The Nordhafen Living & Office multifunctional project will be built in the Europacity area in Berlin's Berlin-Mitte district.

Edition 10 (292) September 2024

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