Retail & leisure
Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.
Eurobuild FM
We are delighted to inform you that we are starting the fifth series of the Eurobuild FM podcast channel! Our first guest, Piotr Trzciński of Savills Investment Management, comments on the current situation and gives us his forecasts for the Polish investment market.
Warehouse & industrial
Panattoni has started construction work on Panattoni Park Łódź South II, which is to comprise 57,300 sqm and will be built in a single stage. The complex is to be BREEAM 'Excellent' certified.
Warehouse & industrial
Polish warehouse developed 7R has leased out the entire first stage of 7R Park Bydgoszcz, which is now being prepared for expansion. The main tenant of the first phase is now Polish logistics operator Rohlig Suus Logistics, which has decided to lease another 3,000 sqm, bringing its premises in the park up to almost 16,500 sqm.
Investment & finance
Savills Investment Management transacted more than EUR 3.6 bln globally in private real estate equity transactions in 2022, including EUR 3.1 bln in Europe and EUR 540 mln in Asia. The investment platform completed 112 transactions across 14 countries in 2022, including around EUR 2.1 bln of acquisitions and EUR 1.5 bln of disposals, resulting in a net investment of app. EUR 600 mln.
Office & mixed-use development
Polish serviced office operator OmniOffice has leased 3,090 sqm in Warsaw Unit from Ghelamco.
Investment & finance
Czech real estate investor Trigea nemovitostní fond has acquired City Logistics Wrocław II from Panattoni for an undisclosed sum.
ESG
The concentration of population in rural areas, lower construction standards and less service-driven economy contribute to the divergence between the CEE region and Western Europe' structure of energy consumption - reveals Colliers new report “The Journey Towards ESG Compliance 2022/2023”.
Office & mixed-use development
Around 500,000 sqm of office spaces are unoccupied in Bucharest, reflecting a vacancy rate of 15.2 pct. 50 pct of the total vacant spaces can be found in buildings developed over 15 years ago, most of them requiring investments to attract new tenants.
Warehouse & industrial
Serbia’s emergence as a manufacturing base with a skilled cost-effective labour force in close proximity to neighbouring EU markets, is driving a surge in leasings and built-to-suit developments across CTP’s four industrial and logistics parks in the country.
Eurobuild CEE
It is with great sadness that we learn of the death of Karol Bartos, one of the most well-known and distinguished personalities on the Polish real estate market, to which he has made an immense contribution down the years. To his family and friends we offer our deepest condolences.
Events
MIPIM announces the finalists of the MIPIM Awards, a real estate competition for completed or yet to be built projects around the world. This year, two Polish projects have been nominated in a total of three categories.
Investment & finance
Ireland-based Greenman Group, the parent company of grocery real estate investment fund manager Greenman Investments, has expanded into Poland with the acquisition of retail asset manager and developer Newbridge Poland.
Office & mixed-use development
French engineering and construction group Egis has leased 1,100 sqm in America House in Bucharest. The Romanian branch of the company will move into its new headquarters in the summer of 2023.
Warehouse & industrial
The total value of properties divested in 2022 by 7R totalled more than EUR 430 mln - a record for the Polish warehousing developer.
Warehouse & industrial
Raben Logistics Polska has leased 5,100 sqm in Hillwood Częstochowa-Miasto, becoming the first tenant to lease space in the city warehousing park, which is under construction.
Warehouse & industrial
CTP is nearing the completion of a new building at CTPark Prague North. The new warehouse, with the working name D8.7B, will offer 32,000 sqm upon its completion in March 2023.
Green projects
Globalworth received 47 various ESG related certifications for its Romanian portfolio in 2022, among them LEED, BREEM, WELL Health & Safety and Access4you accreditations.
Office & mixed-use development
GTC closed the year by achieving a very high occupancy rate for its office buildings in Warsaw. Particularly important for GTC's result was a contract-laden end of the year. The company signed office leases from its Warsaw portfolio for nearly 20,000 sqm, 34 pct of all transactions were new tenants.
Property and Facility Management
Business Campus, an office complex in Katowice with a combined area of close to 50,000 sqm, has a new property manager. Its owner, a joint venture of the Czech fund INVESTIKA realitní fond and Luxembourg-based private equity investor Bud Holdings, has entrusted real estate advisory firm Savills to provide property management for the complex.
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.
The City of Warsaw has repossessed a building, at ul. Sobieskiego 100 in the city's Mokotów Dolny district, from the Russian Embassy.
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.
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.
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
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.
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.
The city of Warsaw has initiated legal proceedings to take possession of a property it claims was illegally seized by the Russian Federation.
Russian poet and singer Alexander Vertinsky wrote in his memoirs on January 8th 1918: “Life in Moscow had become harder...
Small talkTenant representation agency ITRA has been operating on the Polish market for almost a year - and what an eventful year it has been! We spoke to Artur Sutor, the CEO of ITRA Poland ...
Small talkFlex space operator Mindspace is opening its second location in Warsaw, in the Skyliner building. And is targeting a different type of client – the big corporations. As Michał Kwi ...
Penta Real Estate is holding an architectural competition for the development of a 4.5 ha brownfield site that formed part of the former Juraj Dimitro ...
Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headqua ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
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 ...
For the 12th time it all went with a bang! The winners of the Eurobuild Awards 2022 have been announced to almost 900 guests of the Awards Gala, who w ...
It is with great sadness that we learn of the death of Karol Bartos, one of the most well-known and distinguished personalities on the Polish real est ...
We are delighted to inform you that we are starting the fifth series of the Eurobuild FM podcast channel! Our first guest, Piotr Trzciński of Savills ...
MIPIM announces the finalists of the MIPIM Awards, a real estate competition for completed or yet to be built projects around the world. This year, t ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
Globalworth received 47 various ESG related certifications for its Romanian portfolio in 2022, among them LEED, BREEM, WELL Health & Safety and Access ...
JW Marriott, part of Marriott Bonvoy’s, has unveiled its new property in Germany with the opening of JW Marriott Hotel Berlin. It is the brand’s secon ...
BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.
Mazowiecki province has issued a ZRID permit for Mostostal Warszawa to construct a 12 km section of the S7 expressway between Załuski and Modlin, nort ...
The Chybik + Kristof architectural office has won the design competition to transform a former textile factory into a new contemporary art gallery and ...
Savills Investment Management transacted more than EUR 3.6 bln globally in private real estate equity transactions in 2022, including EUR 3.1 bln in E ...
Atman, ICT service provider, has purchased an investment site of nearly 6 hectares in Duchnice, in the municipality of Ożarów Mazowiecki. The company ...
The company has been strengthening its position on the commercial real estate market as a specialist consultancy providing comprehensive tenant and la ...
Polish serviced office operator OmniOffice has leased 3,090 sqm in Warsaw Unit from Ghelamco.
Business Campus, an office complex in Katowice with a combined area of close to 50,000 sqm, has a new property manager. Its owner, a joint venture of ...
The renovation of the Darius and Girėnas Stadium in Kaunas has been completed. The grand opening will take place in mid-October, when the stadium will ...
Empira Group has acquired the Langes Land, a residential project in Munich, Germany. The project will create residential space in the highly sought-af ...
Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
Panattoni has started construction work on Panattoni Park Łódź South II, which is to comprise 57,300 sqm and will be built in a single stage. The comp ...
