LATVIA Six new faces in Business Garden Riga

Office & mixed-use development
Vastint Latvia has in recent months secured six new tenants for its Business Garden Riga office complex.
The new tenants are: international leasing and fleet management company ALD Automotive, construction supervision and project management services firm Forma 2, electronics manufacturer Philips, automotive software developer AMIT Baltic, industrial equipment producer Alfa Laval, and a branch of Luminor Bank. We are happy to see the Business Garden Riga community grow. Extra value for the tenants is at the core of the Business Garden concept, and it’s a pleasure to see them appreciate the
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Latest news

Office & mixed-use development

Poland New projects limited to prime locations

schedule 06 February 2025
Opr./edited by ANZ

According to Cushman & Wakefield, around 105,000 sqm came on stream in Warsaw in 2024 across nine new projects, bringing total stock to 6.3 mln sqm at the end of last December.

Office & mixed-use development

Poland Da Grasso chooses Green Horizon for its new head office

schedule 06 February 2025
Opr./edited by ANZ

Da Grasso, a franchise pizza restaurant chain in Poland, is relocating its head office to Green Horizon building in Łódź. The company has taken nearly 1,200 sqm of space designed to accommodate the needs of the rapidly growing organization. 

Office & mixed-use development

Czech Republic Brno Jedna set to launch

schedule 06 February 2025
Opr./edited by JC

PSN is set to begin transforming the brownfield site Brno Jedna on Plynárenská Street. In the coming years, it will become an urban district combining housing, work, and leisure.

Office & mixed-use development

Poland VSoft stays in B4B

schedule 06 February 2025
Opr./edited by ANZ

VSoft has extended its lease agreement in Bonarka for Business office complex. The company leases a total of 1,777 sqm of office space in Building E. They have been a tenant in B4B for almost 10 years. 

ESG

Poland Syrena switches to green energy

schedule 06 February 2025
Opr./edited by ANZ

Syrena Real Estate has signed a cPPA with Polenergia Sprzedaż. The four-year contract covers the supply of green energy from the FW Dębsk and FF Strzelino wind farms owned by the Polenergia Group and energy balancing services.

Warehouse & industrial

Germany Garbe leases 55,000 sqm 

schedule 06 February 2025
Opr./edited by ANZ

Garbe has concluded a rental agreement in the north Hessian town of Ludwigsau (Hersfeld-Rotenburg district, Germany). A manufacturer of outdoor equipment will be moving into a site covering a total of around 55,000 sqm.

Warehouse & industrial

Serbia Milšped gets 64,000 sqm

schedule 06 February 2025
Opr./edited by JC

CTP has signed three new leases with Milšped, a logistics provider for Serbia and Southeast Europe, totalling 64,000 sqm. This brings the company's overall footprint with the developer to 105,000 sqm.

Warehouse & industrial

Poland Santander finances Panattoni's project near Poznań

schedule 05 February 2025
Opr./edited by ANZ

Panattoni has secured financing for the first phase of Panattoni Park Poznań XIV, a logistics project underway in Głuchowo, near Poznań. The EUR 9.1 mln loan was provided by Santander Bank Polska.

Events

Poland Rondo 1 Run Up

schedule 05 February 2025
Opr./edited by ANZ

The thirteenth edition of the popular charity sports event Rondo 1 Run Up will take place on 12 April. Registration starts soon.

Office & mixed-use development

Poland Revetas Capital attracts new tenant

schedule 05 February 2025
Opr./edited by ANZ

Revetas Capital has secured a new lease agreement in Bonarka for Business with EFL, a Polish leasing company. 

Warehouse & industrial

Poland CTP acquires 18 ha site near Poznań

schedule 05 February 2025
Opr./edited by ANZ

The project involves the construction of a warehouse and production complex with a total area of approx. 52,000 sqm GLA, offering a variety of lease formats.

Warehouse & industrial

Poland Oponeo takes way more

schedule 05 February 2025
Opr./edited by JC

Oponeo has extended its lease agreement at the logistics park in Zelgoszcz, developed by Hillwood Polska. The company has also committed to additional space in the facility’s expanded section.

Residential

Germany ECE takes Gesundbrunnen Center to new heights

schedule 04 February 2025
Opr./edited by JC

ECE is investing in the further development of Gesundbrunnen Center Berlin and is expanding the property to include hotel use on the roof of the shopping center: an additional section with a total of 162 design apartments will be operated by the brand Stayery.

Office & mixed-use development

Poland Getinge settles in Enterprise Park

schedule 04 February 2025
Opr./edited by ANZ

Getinge, a provider of innovative medical solutions, has joined the tenants of Kraków's Enterprise Park office complex. The company has leased more than 1,900 sqm of office space on the third floor of Building D. The tenant will move into its new premises in March.

Warehouse & industrial

Romania NRF joins MLP Bucharest West

schedule 04 February 2025
Opr./edited by ANZ

MLP Group has signed a lease agreement with a provider of automotive replacement parts and industrial cooling solutions. At the MLP Bucharest West logistics centre, the tenant will occupy a total of 20,100 sqm of warehouse and office space. The facility is set to be completed and handed over in November 2025. 

Investment & finance

Europe GTC sells in Warsaw and Zagreb

schedule 04 February 2025
Opr./edited by JC

GTC has finalised the disposal of a plot in Warsaw’s Wilanów district for EUR 55 mln as well as the Matrix C office building in Zagreb for EUR 27 mln.

Investment & finance

Romania Lucky seven for M Core

schedule 03 February 2025
Opr./edited by JC

MAS has sold its strip mall portfolio in Romania to M Core Group. The transaction includes seven assets with a total GLA of approx. 32,000 sqm, located in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș, and Gheorgheni.

Investment & finance

Poland Wronia 31 gets a new owner

schedule 03 February 2025
Opr./edited by JC

Uniqa Real Estate Management has purchased the Wronia 31 office building in Warsaw from LaSalle Investment Management.

Hotels

Slovakia Alfa Group builds a hotel in redeveloped Bratislava Harbor

schedule 31 January 2025
Opr./edited by ANZ

Hungarian Alfa Group is planning a EUR 36 mln investment project with a hotel function. The project will be located in the redeveloped port on the Danube in Bratislava.

Warehouse & industrial

Slovakia P3 strengthens its presence in Slovakia

schedule 31 January 2025
Opr./edited by ANZ

P3 Logistic Parks has acquired an existing park and adjacent land near Nové Mesto nad Váhom, in Považie region of Slovakia.

Latest in Office & mixed-use development

schedule 06 February 2025

New projects limited to prime locations

According to Cushman & Wakefield, around 105,000 sqm came on stream in Warsaw in 2024 across nine new projects, bringing total stock to 6.3 mln sqm at the end of last December.

schedule 06 February 2025

Da Grasso chooses Green Horizon for its new head office

Da Grasso, a franchise pizza restaurant chain in Poland, is relocating its head office to Green Horizon building in Łódź. The company has taken nearly 1,200 sqm of space designed to accommodate the needs of the rapidly growing organization. 

schedule 06 February 2025

Brno Jedna set to launch

PSN is set to begin transforming the brownfield site Brno Jedna on Plynárenská Street. In the coming years, it will become an urban district combining housing, work, and leisure.

schedule 06 February 2025

VSoft stays in B4B

VSoft has extended its lease agreement in Bonarka for Business office complex. The company leases a total of 1,777 sqm of office space in Building E. They have been a tenant in B4B for almost 10 years. 

schedule 05 February 2025

Revetas Capital attracts new tenant

Revetas Capital has secured a new lease agreement in Bonarka for Business with EFL, a Polish leasing company. 

schedule 04 February 2025

Getinge settles in Enterprise Park

Getinge, a provider of innovative medical solutions, has joined the tenants of Kraków's Enterprise Park office complex. The company has leased more than 1,900 sqm of office space on the third floor of Building D. The tenant will move into its new premises in March.

schedule 31 January 2025

Office development activity focuses on the central areas

The year 2024 saw a period of stabilisation in the Warsaw office market, with an increasing concentration of new supply in the city centre and a high proportion of lease renegotiations. Key market drivers in 2025 will include the limited availability of large office spaces, the growing importance of ESG criteria, and the continued expansion of flexible office solutions, according to  Axi Immo's latest market report, Office Market in Warsaw 2024.

schedule 30 January 2025

Modernisation on an XXL scale

We talk to Karol Klin, who has recently joined the Cornerstone Investment Management team, taking on the role of commercial real estate director, and has also taken on the coordination of the leasing of the V Tower development as leasing director at the project's special purpose vehicle.

schedule 30 January 2025

Arup stays in Korona

GTC has extended its lease agreement with Arup, an engineering and consulting firm. The company also carried out an renovation of the leased space in Kraków's Korona Office Complex.

schedule 30 January 2025

Big moves for Alior

Alior Bank will move its Warsaw headquarters and Kraków office to new locations. The company will occupy spaces in Varso Place and Ocean Office Park B.

schedule 28 January 2025

Silverton lets office space in Meerbusch

The Silverton Group has agreed to a long-term lease of around 950 sqm of office space in the property near Düsseldorf to Gel Express Logistik. The office building at Otto-Hahn-Strasse in Meerbusch provides a total lettable area of around 3,100 sqm.

schedule 24 January 2025

CMS law firm stays with Patrizia

Law firm CMS has renewed its lease for 10 years for 10,200 sqm of office space at MainTor Panorama building in Frankfurt.

schedule 24 January 2025

The Warsaw Court of Appeal chooses Wola Center

The occupancy level of Wola Center has reached 90 per cent. The latest contract for the lease of 2,000 sqm was concluded by Hines with the Warsaw Court of Appeal. In addition to office space, the long-term contract includes parking spaces. 

schedule 22 January 2025

Timber Factory is set for construction

Timber Factory – the building complex by UBM Development and ARE Austrian Real Estate – will be Munich’s first commercial campus in a timber hybrid design, with approx. 59,500 sqm of GFA. Building is scheduled to begin in the Q3 of 2025.

schedule 22 January 2025

The law firm SPCG has chosen Infinity

The law firm of attorneys and legal advisers Studnicki, Płeszka, Ćwiąkalski, Górski has joined the group of tenants in Wrocław's Infinity office building. The firm has leased over 350 sqm of space. The opening of the new branch of the SPCG law firm is scheduled for August 2025.

schedule 21 January 2025

Atlas Ward is responsible for the redevelopment of V Tower

Atlas Ward appointed as general contractor for the redevelopment of V Tower. The green modernization of the office building at ul. Chmielna in Warsaw has entered its decisive phase. The work began in January and is scheduled to be completed by the end of August.  

schedule 20 January 2025

PFR is staying in Cedet

Companies from the PFR group, including Kuke, remain tenants of Cedet in Warsaw. The companies use a total of 9,500 sqm in the office building.

schedule 20 January 2025

Some Oxygen for Grupa Transportowa

Grupa Transportowa has joined the group of tenants of Oxygen Park. The new Warsaw branch of the company is located in nearly 200 sqm of office space on the ground floor of Building B.

schedule 17 January 2025

Grundmanna Office Park has a new tenant

IT company Sopra Steria Polska will change its Katowice address in 2026. The company has signed a lease for 4,000 sqm of office space in the Grundmanna Office Park A building, owned by Cavatina Holding.

schedule 16 January 2025

Cushman commercialises Equal Business Park

Cushman & Wakefield has been appointed as sole letting agent for three buildings of Kraków’s Equal Business Park, owned by funds managed by Apollo-Rida. 

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Edition 1 (295) January 2025

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