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CBRE leaves Moscow

For Ukraine
CBRE Group has announced that it is to discontinue most of its business in Russia in response to the invasion of Ukraine. The company has now begun the process of exiting its Moscow office, from where it had been providing leasing, investment, property management and valuation services

The real estate consultancy is also terminating two existing affiliate relationships in the country. Consistent with its contractual obligations, CBRE will continue to manage facilities and provide other essential services for existing multi-national clients that are operating in Russia.

CBRE is working to support its colleagues in Russia who will be leaving the company. CBRE regrets the impact that this will have on those employees, as this will be through no fault of their own.

The company is continuing to provide assistance for employees of CBRE’s affiliate in Ukraine and its employees have been making donations to its fundraising campaign for the UNHCR.

Latest news

Warehouse & industrial

Poland CTPark Warsaw West is ready

schedule 04 October 2024
Opr./edited by ANZ

CTP has obtained an occupancy permit for buildings WARS02 and WARS05, with a total area of 110,000 sqm. The facilities are part of the CTPark Warsaw West complex. The space will be occupied by Raben Group. The location in Wiskitki, near Warsaw, will be its 36th branch in the country.

Warehouse & industrial

POLAND InPost in MDC2 Kraków South

schedule 03 October 2024
Opr./edited by NN

Polish parcel dispatch company InPost has leased 11,000 sqm at MDC2 Park Kraków South. The BTS project is to be built on a site prepared exclusively for the tenant.

Investment & finance

Poland The Future comes to Galardia

schedule 03 October 2024
Opr./edited by JC

Starachowice’s Galardia shopping center, developed from a greenfield by Stage Capital and Sierra Balmain, has a new owner – Future Estate. Opened in October 2014, the facility offers 18,000 sqm GLA.

Office & mixed-use development

Poland Maximum occupancy at Forest

schedule 03 October 2024
Opr./edited by JC

HB Reavis has signed seven-year lease agreements with Transition Technologies and other companies, which will occupy nearly 1,000 sqm of office space in the Forest campus in Warsaw. The building is now fully let.

Office & mixed-use development

Poland Saski Crescent sounds great

schedule 03 October 2024
Opr./edited by JC

GN Poland has leased more than 2,000 sqm of office space in the Saski Crescent building in Warsaw. The company is part of the GN Group, a Danish provider of intelligent audio, video, gaming solutions, and hearing systems.

Residential

SLOVAKIA Metropolis life in Bratislava

schedule 02 October 2024
Opr./edited by NN

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

Interior design

POLAND Grainy effect for Viterra

schedule 02 October 2024
Opr./edited by NN

Viterra has moved into its ​​new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is responsible for the design of the space.

Warehouse & industrial

Poland GLP is expanding in Silesia

schedule 02 October 2024
Opr./edited by JC

GLP has commenced construction of its second logistics centre in Gliwice. The facility will ultimately offer 57,000 sqm of warehouse and production space, located adjacent to the Katowice Special Economic Zone.

Office & mixed-use development

Poland Charities move into Diuna

schedule 02 October 2024
Opr./edited by JC

Syrena Real Estate, managing Diuna office complex in Warsaw’s Służewiec district, has made spaces available free of charge for statutory activities of Unicef Poland and the Wiosna Association. Both organisations have launched their activities and are running initiatives.

Warehouse & industrial

Poland E-commerce stays with Hillwood

schedule 02 October 2024
Opr./edited by ANZ

Hillwood is extending its cooperation with an American e-commerce giant in Łódź Górna. The tenant has extended its lease agreement for more than 36,000 sqm of warehouse space and 2,000 sqm for offices at Hillwood's Łódź Górna logistics centre. 

Investment & finance

Germany Garbe and Logicenters acquire former airbase

schedule 01 October 2024
Opr./edited by ANZ

Garbe and its joint venture partner Logicenters, Nrep's development and management platform for logistics properties, have acquired a 20,000 sqm plot of land. A logistics centre with a total area of around 11,600 sqm is to be built on this site. Construction is scheduled to begin in Q2 2025, with an investment volume of around EUR 17 mln.

Office & mixed-use development

Poland Tenants feel good at Metropolitan

schedule 01 October 2024
Opr./edited by ANZ

New leases and extensions have been signed for a total of 18,000 sqm in the Metropolitan Warsaw building. Companies such as HP and LCP Group have decided to continue their operations in the building.

Office & mixed-use development

POLAND PIB takes 1.2k in West 4 Business

schedule 01 October 2024
Opr./edited by NN

Insurance brokerage PIB Group is to occupy 1,200 sqm of office space in the West 4 Business Hub in Wrocław.

Residential

Poland White Stone Development and Nrep join forces

schedule 01 October 2024
Opr./edited by ANZ

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.

Office & mixed-use development

Poland Santander takes the top of the tower

schedule 30 September 2024
Opr./edited by ANZ

Santander Bank Polska is to move into 25,500 sqm of The Bridge skyscraper, which is under construction in Warsaw's Wola business district, in the largest leasing transaction on the Polish office market since 2022.

Eurobuild CEE

Poland The October issue of Eurobuild!

schedule 30 September 2024
Opr./edited by ANZ

Here it is at last! The latest issue of Eurobuild is out fresh from the printers, and in it, as always, there's plenty of market news, expert opinions and information about personnel changes.

Investment & finance

POLAND Arete enters Poland

schedule 30 September 2024
Opr./edited by NN

Czech asset manager Arete Investment Group has entered the Polish market with the acquisition from Kajima Poland and Panattoni of a 65,000 sqm warehousing park in Zgorzelec in Lower Silesia.

Warehouse & industrial

Poland DB Schenker to move into Rawicz

schedule 30 September 2024
Opr./edited by ANZ

DB Schenker has leased more than 17,000 sqm at the Hillwood Rawicz warehouse centre. The logistics operator will service a customer producing optical products and sports accessories in its new space.

Investment & finance

Poland Nepi Rockcastle buys Magnolia Park 

schedule 30 September 2024
Opr./edited by ANZ

Nepi Rockcastle has acquired the 100,000 sqm Magnolia Park shopping centre in Wrocław from Union Investment in an off-market transaction. The sale price amounts to EUR 373 mln. Union Investment acquired Magnolia Park in 2017 for the portfolio of the UniImmo: Europa open-ended real estate fund.

Infrastructure

POLAND Ghelamco gets go-ahead for Gdańska

schedule 27 September 2024
Opr./edited by NN

Ghelamco has renewed its partnership with Polish railway operator PKP SA and its real estate division Xcity Investment related to the redevelopment of the Warszawa Gdańska train station in Warsaw.

Latest in For Ukraine

schedule 29 November 2023

Nansen Refugee Award goes to Poland!

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 winner for Europe is a Polish couple, Lena and Władysław Grochowski.

schedule 25 April 2022

Build Europe supports refugees and appeals to European Commission

Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuilders, delivered more than 500 beds in Poland to support Ukrainian refugees, and also provided direct financial support to humanitarian organisations operating on the Ukrainian border in Romania and Moldova.

schedule 13 April 2022

Former Russian building to house Ukrainian refugees

The City of Warsaw has repossessed a building, at ul. Sobieskiego 100 in the city's Mokotów Dolny district, from the Russian Embassy.

schedule 15 March 2022

City Point Targówek to support refugees

Peakside Capital Advisors and Partners Group have provided a warehouse in their City Point Targówek complex in Warsaw to the Mazovian branch of the Polish Red Cross for the support of Ukrainian refugees.

schedule 10 March 2022

Strabag real estate makes room for Ukrainian refugees

Strabag Real Estate working with the city of Warsaw has prepared 200 beds in the Atrium International Office building for refugees fleeing from the war in Ukraine.

schedule 09 March 2022

CBRE leaves Moscow

CBRE Group has announced that it is to discontinue most of its business in Russia in response to the invasion of Ukraine. The company has now begun the process of exiting its Moscow office, from where it had been providing leasing, investment, property management and valuation services

schedule 08 March 2022

Eurobuild cuts access with Russia, Belarus

As of midnight today, all of Eurobuild's websites will be inaccessible from the Russian Federation and Belarus. In addition, the editorial team will cease publishing information on the investment and real estate markets of both countries.

schedule 04 March 2022

YIT and Autodesk pull out of Russia

Finnish construction group YIT has announced that it is pulling out of Russia, while Autodesk, a producer of software for the construction and engineering industries, is also withdrawing from the country.

schedule 02 March 2022

Warsaw to take back Russian held property

The city of Warsaw has initiated legal proceedings to take possession of a property it claims was illegally seized by the Russian Federation.

Edition 10 (292) September 2024

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