Warehouse & industrial
CTP has signed a lease agreement with the logistics service provider for an additional 2,000 sqm, thus the company will occupy a total of 13,000 sqm at the facility.
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
Wood & Company is planning the final third tranche of its acquisition of a stake in the Aupark shopping centre in Bratislava. The facility is currently undergoing an extension, which will increase its space by 6,000 sqm. In the summer, a huge green façade will be built on the new part.
Office & mixed-use development
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.
Investment & finance
Helaba will act as lead manager for its long-standing client Hines in conjunction with the three savings banks in North Rhine-Westphalia, Stadtsparkasse Düsseldorf, Sparkasse KölnBonn and Kreissparkasse Köln, to finance the construction of the 'Le Coeur' project in Dusseldorf. The project has a total lending volume of EUR 270 mln.
Warehouse & industrial
GLP has begun construction of the final hall of Wrocław V Logistics Centre in Magnice. The building, with an area of over 67,000 sqm, will be constructed in accordance with the requirements of BREEAM certification at the Outstanding level.
Property and Facility Management
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's employees, including local property management teams will join EPP.
Retail & leisure
Prague is the only city in the CEE region to boast a Prime High Street, a shopping street with only the most prestigious global brands. This location is Pařížská (Paris) Street, where currently 46 out of 48 available retail units are occupied.
Retail & leisure
Mitiska REIM has opened a new food-anchored retail park in the Polish city of Świebodzin. Developed in partnership with Karuzela Holding, this is the tenth project undertaken by Mitiska REIM and Karuzela over the past five years, with five more developments planned to open over the next two years.
Office & mixed-use development
Already 64 pct of Warsaw’s office buildings offer at least one retail or service unit, reveals Retail @ Office, the latest report from Cushman & Wakefield. With new retail supply remaining low across the capital, retailers and service providers are increasingly looking for alternative locations.
Warehouse & industrial
Panattoni announces its expansion into the Middle East with the launch of an operation in Saudi Arabia. The company’s initial focus is on three of the largest Saudi Arabian cities: Riyadh, Jeddah and Dammam. The move marks a milestone for Panattoni in its ambition to capitalise on emerging opportunities in key global markets in the Middle East and Asia.
Office & mixed-use development
The Shire - Beyond Coworking in the Warsaw Spire C building was opened according to schedule. 40 pct of the 1500 sqm of office space has been leased even before the launch.
Land acquisitions
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the opportunity to build approximately 200,000 sqm of leasable space.
Investment & finance
The first fund investing in REITs, Mount Globalnego Rynku Nieruchomości FIZ, made its debut on the Warsaw Stock Exchange.
Warehouse & industrial
Panattoni has begun construction on a new industrial park in Będzin. The first stage of the work, that has already been launched, will comprise a 27,500 sqm building constructed on a speculative basis.
Office & mixed-use development
Two more companies have become tenants of Diuna, part of the Warsaw portfolio of Syrena Real Estate and PineBridge Benson Elliot. Intrum has leased nearly 370 sqm and Carrier Chłodnictwo took up about 500 sqm in the complex.
Investment & finance
Panattoni has completed a sales transaction in Germany. Clarion Partners Europe has acquired a prime logistics hub for EUR 75 mln near Duisburg.
ESG
Kreo, Ghelamco's Kraków office project, has achieved BREEAM certification at the Outstanding level. The building also has a WELL and Green Building Standard pre-certificate, and is also in the process of Smart Score, Wired Score and "Barrier-free building" certification.
Investment & finance
One United Properties has unveiled its strategy for the coming years. It plans to triple its residential offer by 2030, expand its commercial sector and build hotels in Bucharest in partnership with global brands.
Investment & finance
Baltisse and Straco Real Estate acquire majority stake in Speedwell, expanding reach into Romania and entering Polish market. Speedwell wants to spend at least EUR 1.5 bln on acquisitions in Poland in the coming years.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the opportunity to build approximately 200,000 sqm of leasable space.
Garbe Industrial Real Estate has secured another plot of land in Rüdenhausen, Germany. The Hamburg-based project developer is planning a logistics centre with a total area of around 19,200 sqm on the site.
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 near Zagreb. This marks the fund's debut on the Croatian market.
Tree Development Group, through a special purpose vehicle, has acquired investment land in the centre of Łódź. A residential project will be built on the plot.
Laufen Austria site in Wilhelmsburg has been sold to a private investor. The zone combines two sites with a total area of approx. 75,000 sqm and a building stock of around 58,500 sqm.
Wrocław-based Satoia has acquired a 10 ha plot in Wolbórz from CPD for an undisclosed sum. The land has the potential for the development of an app. 43,000 sqm warehouse project.
Logicor has acquired an app. 10 ha brownfield site near Turnov, in the municipality of Příšovice, about 90 km northeast of Prague.
Real Management has concluded the sale of a 13.7 ha development site on ul. Wesoła in Pionki near Radom to Family Partners for an undisclosed sum.
Real Management has finalised the purchase of a 13.3 ha development plot in Łubna, on national road 79 connecting Warsaw, Piaseczno and Góra Kalwaria.
Atman, ICT service provider, has purchased an investment site of nearly 6 hectares in Duchnice, in the municipality of Ożarów Mazowiecki. The company provides data security and applications using its own fibre-optic network, servers and cloud computing.
Garbe Industrial Real Estate has acquired a 47,000 sqm plot of land ready for construction in Thuringia, Germany, which can be used for both commercial and logistical purposes. Construction is expected to begin in Q2 of 2023.
Swedish developer Skanska has acquired around 20 ha of land in Kraków from the Polish postal service Poczta Polska for PLN 90 mln.
A parcel of plots amounting to more than 50 ha in Wiskitki close to Żyrardów (about 50 km west of central Warsaw) has been acquired by an undisclosed commercial real estate developer, according to JLL, which handled the transaction.
DLE Poland, a fund managed by German land development specialist DLE made its first Polish acquisition – a site for the possible development of 4,500 apartments in Warsaw’s Żerań district.
Slovakian developer Penta Real Estate has announced that it has acquired 8.5 ha along the south bank of the Danube in Bratislava from HB Reavis.
Slovakian real estate group HB Reavis has sold the site of the now demolished Transgas complex in central Prague to Czech developer PSN for CZK 870 mln (app. EUR 72 mln), which it claims is a record sum for such transactions.
Czech medical hygiene and dressing producer Batist Medical has leased 1,000 sqm in the Missouri Park office building, which is currently being developed by CA Immo in Karlín (Prague 8).
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 ...
Kreo, Ghelamco's Kraków office project, has achieved BREEAM certification at the Outstanding level. The building also has a WELL and Green Building St ...
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 ...
Helaba will act as lead manager for its long-standing client Hines in conjunction with the three savings banks in North Rhine-Westphalia, Stadtsparkas ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the constr ...
Slovakian developer JTRE is launching its first project in Germany. The Nordhafen Living & Office multifunctional project will be built in the Europac ...
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's em ...
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 ...
Wood & Company is planning the final third tranche of its acquisition of a stake in the Aupark shopping centre in Bratislava. The facility is currentl ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
CTP has signed a lease agreement with the logistics service provider for an additional 2,000 sqm, thus the company will occupy a total of 13,000 sqm a ...
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 ...