PL

POLAND Catella takes in WPP in Polish debut

Property and Facility Management
Swedish property investment and fund manager Catella has entered Poland through the majority acquisition of Warsaw Property Partners.

Catella has agreed to acquire 65 pct of WPP for around SEK 40 mln (app. EUR 3.76 mln or PLN 17.63 mln). WPP is an independent real estate investment asset and development management company operating exclusively in the Polish market, with assets under management of more than PLN 880 mln and 18 employees.

Christian Fojtl, Jacek Wachowicz and Bartosz Bzoma, the managing directors of WPP, will remain shareholders and have committed to the company for at least another five years. It will continue to be run by its current management team.

We are delighted to have agreed to enter a partnership with the managing directors of WPP and we look forward to continuing to develop WPP together with its partners and employees. Poland is a key strategic market for us, where we see potential property development opportunities and significant investment management synergies across the group. With the acquisition of WPP, we get a highly skilled team with a strong track record and an exceptional knowledge of the Polish real estate market, who now will have a much increased ability to grow with Catella’s capital supporting their ambitious plans. The acquisition ties into Catella’s growth strategy through partly-owned companies alongside local partners, which ensures commitment by local management and financial incentives that are aligned with Catella’s overall goals.
Christoffer Abramson, the president and CEO of Catella

The transaction is expected to be completed in Q2 2022.

We are excited about becoming a part of the Catella Group. Today, WPP is an agile, well-established real estate company serving the Polish market. By joining Catella we can add additional value and growth through Catella’s pan-European real estate infrastructure. We are confident that the combination will be successful and result in a strong asset management and development capabilities ready to serve both local as well as Catella’s internal and international clients.
Jacek Wachowicz, the CEO of WPP

Catella has operations in 14 countries and over EUR 12 bln in assets under management. It is listed on the Nasdaq Stockholm exchange.

Latest news

Warehouse & industrial

SLOVAKIA GLP plans Bratislava Airport project

schedule 29 September 2022
Opr./edited by NN

Industrial developer GLP has announced that it is planning to build a complex in the Pharos industrial zone near Bratislava Airport. GLP Bratislava Business Zone [Obchodná zóna GLP Bratislava] will consist of five single-storey, low-energy buildings.

Warehouse & industrial

POLAND IIProp launches Nadarzyn park

schedule 29 September 2022
Opr./edited by NN

IIProp (International Industrial Properties), an industrial and logistics platform owned by Madison International Realty and Griffin Capital Partners, has launched the development of a 93,500 sqm warehousing park in Nadarzyn, on Warsaw’s southwestern outskirts.

Warehouse & industrial

POLAND Domax connects with Mapletree Gdańsk Airport

schedule 29 September 2022
Opr./edited by NN

Polish timber screw and connector producer Domax has leased 5,800 sqm of warehouse space in Mapletree Park Gdańsk Airport.

Hotels

POLAND Tribe Warsaw Airport to open in Fort 7

schedule 28 September 2022
Nathan North
deputy editor

Belgian developer Atenor has announced that the Tribe Warsaw Airport hotel, which will be operated Ennismore, is to be developed in the first phase of its Fort 7 mixed-use project in the area of Fort Zbarż near Warsaw Chopin Airport.

Investment & finance

HUNGARY S Immo to take over CPI and Immofinanz Budapest offices

schedule 28 September 2022
Nathan North
deputy editor

S Immo has signed a letter of intent with Hungarian subsidiaries of CPI Property Group and Immofinanz to acquire a portfolio of 15 office properties in Budapest with a total leasable area of almost 250,000 sqm.

Eurobuild Awards

CEE REGION The Glorious Twelfth!

schedule 28 September 2022
Opr./edited by NN

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 were gathered last night in Warsaw’s biggest hotel ballroom at the Doubletree by Hilton.

Warehouse & industrial

POLAND DTA (almost) doubles up with MLP in Pruszków

schedule 27 September 2022
Opr./edited by NN

Contract logistics, customs and shipment specialist DTA Group is to almost double the space it leases from MLP in Pruszków on the western outskirts of Warsaw to almost 7,000 sqm.

Warehouse & industrial

POLAND Four still fine in P3 Poznań

schedule 27 September 2022
Opr./edited by NN

Westwing, PF Logo Express, CEVA Logistics, and British American Tobacco have all decided to extend leases in the P3 Poznań logistics park – a combined area of 94,400 sqm.

Retail & leisure

POLAND Stop Shop comes to Zielona Góra

schedule 27 September 2022
Opr./edited by NN

Immofinanz has opened its eleventh Stop Shop strip mall in Poland – in Zielona Góra.

Warehouse & industrial

POLAND Panattoni to build Reynaers plant near Grodzisk

schedule 27 September 2022
Opr./edited by NN

Panattoni is developing a 29,000 sqm plant for Belgian manufacturer Reynaers Aluminium in Żaba Wola near Grodzisk Mazowiecki.

Office & mixed-use development

POLAND Liebrecht & Wood to revitalise Praga again

schedule 26 September 2022
Nathan North
deputy editor

Liebrecht & Wood has started preparing its latest project in Warsaw’s Praga-Północ district – Drucianka Campus, which will involve the revitalisation of the Drucianka wire, pin and nail factory.

Retail & leisure

ROMANIA Scallier polishes off Turda park

schedule 26 September 2022
Opr./edited by NN

Polish developer Scallier has opened a retail park with a leasable area of 9,000 sqm in Turda in northern Romania – the fourth location for the company in the country.

Warehouse & industrial

CZECH REPUBLIC Panattoni completes huge Moravian Amazon centre

schedule 26 September 2022
Nathan North
deputy editor

Panattoni has handed over a 187,000 sqm fulfilment centre to Amazon in Kojetín (Olomouc region) in Moravia.

Office & mixed-use development

POLAND Lawyers lease more in North Gate

schedule 23 September 2022
Opr./edited by NN

Law firm JDP is increasing the area of its offices in the North Gate building in Warsaw to around 1,600 sqm.

Warehouse & industrial

POLAND Panattoni puts the lid on fifth Zalando centre

schedule 23 September 2022
Opr./edited by NN

The roofing ceremony has taken place for online fashion retailer Zalando’s 140,000 sqm fulfilment centre in Bydgoszcz., which is being developed by Panattoni.

Green projects

POLAND Well renewal for Spark C

schedule 23 September 2022
Opr./edited by NN

The fifth floor of the Spark C building in Warsaw, which houses the head office of the Skanska’s commercial development business unit in the CEE region, has just been obtained a renewal of its Well Commercial Interior certificate. This is the first such recertification in Poland and the CEE region, and the second in Europe.

Eurobuild Awards

Poland The Eurobuild Gala is almost upon us!

schedule 23 September 2022
Eurobuild CEE

The Eurobuild Awards 2022 Gala is almost upon us! Almost 900 people will be present at the largest celebration of the year of the real estate market. They will all be crossng the threshold of the Double Tree by Hilton hotel ballroom on Tuesday, September 27th.

Warehouse & industrial

POLAND More pet love from Fera in Prologis Wrocław

schedule 22 September 2022
Opr./edited by NN

Online pet store Fera.pl has renewed and expanded its lease to 9,100 sqm of warehouse and office space in Prologis Park Wrocław.

Investment & finance

ROMANIA Iulius granted biggest ever real estate loan

schedule 22 September 2022
Nathan North
deputy editor

Romanian developer Iulius has obtained a EUR 410 mln real estate loan – the largest ever granted in the country’s history.

Warehouse & industrial

POLAND Uniq doubling of space in MLP parks

schedule 22 September 2022
Opr./edited by NN

Polish logistics operator Uniq Logistic has signed leases for 20,500 sqm of additional space in MLP Pruszków II and MLP Łódź, bringing the total area it occupies in the two parks up to almost 44,000 sqm.

Latest in Property and Facility Management

schedule 12 August 2022

CPI to manage Immofinanz portfolio

CPI Property Group is to provide asset management services across the region to Immofinanz, following its recent acquisition of a controlling stake in the latter company.

schedule 03 August 2022

Savills to manage Widok Towers

Savills has been appointed as property manager for Widok Towers in Warsaw city centre.

schedule 25 July 2022

Colliers to manage Stena buildings

Colliers has been commissioned to manage two Polish office buildings owned by Stena Fastigheter – the first stage of Centrum Południe in Wrocław and the third stage of High5ive in Kraków.

schedule 30 June 2022

C&W chosen for Astrum

Wood & Company has appointed Cushman & Wakefield as the property manager of its Astrum Business Park in Warsaw’s Włochy district, which the company has recently added to its portfolio.

schedule 21 June 2022

MVGM takes on Nowy Rynek building D

MVGM has taken over the property management of the Nowy Rynek D building in Poznań, which is owned by Eastnine AB.

schedule 13 May 2022

Savills to take care of Sky Tower

Savills has been appointed as the property manager for Sky Tower in Wrocław, which was acquired by Adventum Group in March. The consultancy previously acted as the advisor for the acquisition of the property.

schedule 12 May 2022

CBRE IM chooses C&W for Nexus

Cushman & Wakefield has been appointed by CBRE Investment Management to be the property manager of its Nexus portfolio of eight logistics centres across Poland.

schedule 09 May 2022

Catella takes in WPP in Polish debut

Swedish property investment and fund manager Catella has entered Poland through the majority acquisition of Warsaw Property Partners.

schedule 05 May 2022

Savills takes on NC3

MNK Partners has appointed Savills as property manager for its newly acquired office building NC3.

schedule 25 April 2022

Stage set for Sierra Balmain and Polish portfolio

Sierra Balmain has been appointed by Stage Capital to provide property management and leasing services for three shopping centres in Poland: Galeria nad Jeziorem in Konin, Pasaż Łódzki in Łódź and CH Osowa in Gdańsk.

schedule 15 April 2022

C&W to look after HIH buildings in Warsaw

Cushman & Wakefield has been appointed as the property manager of two Warsaw buildings in HIH Invest Real Estate’s portfolio: Feniks Office Building and Prime Corporate Center.

schedule 04 April 2022

Savills to manage Andaz Prague

UBM Development has appointed Savills as property manager for the Andaz Prague on Senovážné Square in Prague´s historic city centre.

schedule 24 March 2022

MVGM takes on Carbon Tower

MVGM has won the building management contract for the Carbon Tower class A office building in Wrocław owned by Cavatina Holding.

schedule 02 March 2022

Savills takes on Bořislavka Centrum

REICO investiční společnost České spořitelny has appointed Savills as property manager for the Bořislavka Centrum office complex in Prague.

schedule 25 February 2022

Cushman to manage for LeadCrest

Cushman & Wakefield has been appointed to manage four warehouse and logistics properties owned by LeadCrest Capital Partners.

schedule 11 February 2022

Savills takes on Jerozolimskie Business Park

Apollo Rida has appointed Savills as its exclusive leasing agent for the office space in Jerozolimskie Business Park in Warsaw.

schedule 03 February 2022

Newsec becomes biggest Baltic player with BPT takeover

Stockholm-based property manager Newsec has acquired BPT Real Estate from Estonian private equity fund manager Baltcap for an undisclosed sum.

schedule 25 January 2022

Savills secures EQT PM mandate

EQT Exeter has appointed international real estate advisor Savills as the property manager for its first warehouse investments in the Czech Republic – two parks in the Ostrava area.

schedule 07 January 2022

CA Immo gains Access4You certification

CA Immo has certified all nine of its office buildings in Budapest under Access4You.

schedule 05 January 2022

MVGM takes on two logistics parks

MVGM has been appointed by Hansainvest Real Assets to manage 44,000 sqm of space in two logistics centres: Panattoni Park City Logistics II Wrocław and Panattoni Park Poznań X.

Categories