PL

EUROPE Westfield rebranding for Galeria Mokotów

Retail & leisure
Unibail-Rodamco-Westfield (URW) has announced the rebranding of three of its flagship malls, including Galeria Mokotów in Warsaw, which will now become Westfield shopping centres.
The three centres to be rebranded this autumn are Parquesur in Madrid, Taby Centrum in Stockholm, along with Galeria Mokotow in the southern part of Warsaw. The rebranding of these centres continues our strategy to expand Westfield to flagship European destinations in the wealthiest cities and catchment areas. The significant opportunity afforded to both retailers and brands by this increasingly digitally linked network of destinations is unparalleled – through Westfield our partners ca
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Latest news

Warehouse & industrial

Poland Mercedes-Benz is growing in Jawor

schedule 13 December 2024
Opr./edited by ANZ

Mercedes-Benz will build an industrial park in Jawor. This is another investment of the company in the Wałbrzych Special Economic Zone ‘Invest-Park’.

Material partner

Poland Galant Ząbkowska Apartments with FusionLive

schedule 02 December 2024
Eurobuild CEE

Peninsula Property is an investor and development company that builds high-quality, thoughtfully designed apartment buildings, boutique residences and hotels to ensure the best possible experience for future residents and tenants. It stands out for its innovative designs and concepts in the Polish market.

Residential

Poland Robyg builds in Wrocław

schedule 13 December 2024
Opr./edited by ANZ

Nearly 1,500 flats in six stages will be built in Wrocław as part of the Apartamenty Krakowska project being developed by Robyg on land adjacent to the Haase brewery buildings.

Warehouse & industrial

Poland Gdynia City Logistics ready to go

schedule 13 December 2024
Opr./edited by ANZ

Gdynia City Logistics, an investment by Torus Logistics and BTV, has been granted an occupancy permit. The logistics and office centre offers approx. 21,700 sqm of warehouse space and 1,500 sqm of offices

Retail & leisure

Poland Empik revives the former Cepelia pavilion

schedule 13 December 2024
Opr./edited by ANZ

Empik has opened a flagship store in the revitalised former Cepelia pavilion in the centre of Warsaw. Neglected for years, the modernist building has regained its former glory and once again impresses with its original appearance and modern interior.

Office & mixed-use development

Poland The Form ready to welcome tenants

schedule 12 December 2024
Opr./edited by ANZ

The Form office building, an investment developed by Lincoln Property Company in Warsaw's Wola district, has obtained a permit for use. The building located at the intersection of ul. Pańska and ul. Miedziana, offers over 30,900 sqm of space on nine storeys, including over 28,300 sqm of office space and 2,600 sqm of service and retail space on the ground floor.

Investment & finance

Poland Summus has bought Lakeside

schedule 12 December 2024
Opr./edited by JC

Summus Capital has strengthened its presence in Poland with the acquisition of the Lakeside office building in Warsaw. The transaction, valued at EUR 61.9 mln, was conducted in collaboration with Atenor.

Retail & leisure

Poland Trei opens its 40th retail park

schedule 12 December 2024
Opr./edited by ANZ

Trei Real Estate Poland has opened its 40th Vendo Park. The investment was created in Wrocław and has 5,000 sqm. Vendo Park Wrocław is the first facility under this banner in the capital of Lower Silesia. The retail park was built on a plot of approx. 15,000 sqm.

Investment & finance

Poland Big sale in Wrocław

schedule 12 December 2024
Opr./edited by JC

Develia has concluded a final sales agreement for a real estate property in Wrocław with a subsidiary of AFI Europe, an international investor in office, retail, and residential projects. The transaction value amounts to PLN 50.5 mln.

Office & mixed-use development

Poland The Shire launches new project in Warsaw

schedule 12 December 2024
Opr./edited by ANZ

The Shire Beyond Coworking, an operator of flexible spaces, is launching a new project on the Warsaw office market. The luxurious tenement at ul. Poznańska 37, will house fully equipped, self-contained serviced modules.

Warehouse & industrial

Germany MLP invests in the Ruhr Area

schedule 12 December 2024
Opr./edited by ANZ

MLP Group will develop its third business centre in the Ruhr region in Castrop-Rauxel. The project, which is being built on a brownfield site, will provide approx. 57,000 sqm of space, which will be certified to a DGNB standard of at least Gold. 

Investment & finance

Poland Skanska sells P180 offices for €100m

schedule 12 December 2024
Opr./edited by ANZ

Skanska has sold its P180 office development in Warsaw's Mokotów district to Investika Real Estate Fund and its joint-venture partner, Bud Holdings, for around EUR 100 mln.

Investment & finance

Poland Big Poland acquires two retail properties

schedule 12 December 2024
Opr./edited by ANZ

Big Poland has bought two retail facilities Park Kujawia in Włocławek and Atut in Myszków. The combined value of both transactions exceeds EUR 56 mln. The Big brand already has seven retail parks in Poland: in Łubna near Warsaw, Lubin, Andrychów, Gorzów Wielkopolski and Ostróda. Together with three development projects in progress, Big Poland's portfolio now includes 10 locations.

Warehouse & industrial

Poland Barth Italiana enters Łódź

schedule 11 December 2024
Opr./edited by ANZ

Panattoni Park Łódź West III is gaining a new tenant from the 3PL sector. The Italian company Barth Italiana will occupy over 5,500 sqm of space in the complex.

Hotels

Poland Spark by Hilton debuts in Poland

schedule 11 December 2024
Opr./edited by ANZ

The Spark by Hilton brand is entering the Polish market with two new hotels. Spark by Hilton Pobierowo and Spark by Hilton Krynica Morska will open within the next six months.

Residential

Czech Republic European PBSA sector could grow by 70 pct over the next 5 years

schedule 11 December 2024
Opr./edited by ANZ

According to the 2024 European Purpose-Built Student Accommodation Investment Barometer, conducted by The Class Foundation and Savills, involving investors and operators with portfolios totalling over 132,000 beds across Europe, with an asset value of circa EUR 25.3 bln, respondents expect to increase the number of beds they have by 70 pct over the next 2-5 years. This would bring the total to over 220,000 beds, deploying a further EUR 22 bln of capital. 

Office & mixed-use development

Poland Not just offices in an office building

schedule 11 December 2024
Opr./edited by ANZ

The BursztyNova restaurant has opened on the ground floor of the boutique Saski Crescent office building, recently modernised and owned by CA Immo. The restaurant took up an area of over 400 sqm. 

Office & mixed-use development

Czech Republic New office construction accompanied by complications

schedule 11 December 2024
Opr./edited by ANZ

According to a survey by Colliers, only one new office building was completed in Prague in Q3 2024. Vacancies increased slightly year-on-year to 8.1 pct and rents in the city centre reached approx. EUR 29 per sqm per month. Efforts to upgrade some older properties continue, either on an ongoing basis or by temporarily taking them off the market.

Warehouse & industrial

Poland Panattoni Park Sochaczew has the first tenant

schedule 11 December 2024
Opr./edited by JC

Panattoni is to build a new industrial park in the Mazovia region. The development of Panattoni Park Sochaczew with an area of almost 28,000 sqm will commence in the Q1 of 2025 with the first tenant – Pilkington Automotive Poland – to move in by November.

ESG

Poland Excellent Point in Łubna

schedule 10 December 2024
Opr./edited by JC

Two buildings completed as part of the first phase of Good Point V, an investment by Real Management, have received the final BREEAM International New Construction V6 certificate at the Excellent level.

Latest in Retail & leisure

schedule 13 December 2024

Empik revives the former Cepelia pavilion

Empik has opened a flagship store in the revitalised former Cepelia pavilion in the centre of Warsaw. Neglected for years, the modernist building has regained its former glory and once again impresses with its original appearance and modern interior.

schedule 12 December 2024

Trei opens its 40th retail park

Trei Real Estate Poland has opened its 40th Vendo Park. The investment was created in Wrocław and has 5,000 sqm. Vendo Park Wrocław is the first facility under this banner in the capital of Lower Silesia. The retail park was built on a plot of approx. 15,000 sqm.

schedule 02 December 2024

Biedronka comes to Moje Bielany

An 800 sqm Biedronka grocery store is to open on the ground floor of the Moje Bielany residential complex, which is being developed by CeMat A/S at ul. Wólczyńska 121 in Warsaw’s Bielany district.

schedule 29 November 2024

Jubilee M Park opens in Pionki

LCP Properties, part of the international M Core group, has officially opened M Park Pionki, the 50th retail park under the M Park brand in Poland. It is also the thirteenth M Park in the Mazovia region. 

schedule 29 November 2024

Antczak Group to build retail and service complex

A service and retail complex Panorama Park II is being built in Kościelna Wieś. At the end of November, the foundation stone ceremony for the building took place.

schedule 21 November 2024

One in seven square metres of retail space to be built in Poland

According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Europe in terms of new retail supply, surpassed only by France. 

schedule 21 November 2024

Polish retail market performs well

According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline of shopping centres in Poland have proven premature. In Q3 2024, the Polish retail market expanded by another 116,000 sqm. 

schedule 31 October 2024

Physical retail dominates

The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging period. The study includes responses from over 60 global retailers with a store network of over 130,000 locations, and shows that 71 pct of retailers planning to increase their number of physical stores intend to do so in markets where they are already present.

schedule 14 October 2024

Mitiska REIM opens Piteşti centre

Mitiska REIM has announced the opening of a new retail park in the Romanian city of Pitesti, one of four new development projects planned to open by Mitiska REIM in the Romanian market over the next two years.

schedule 27 September 2024

Wonder of Woolies in Słoneczna

German department store chain Woolworth has signed a lease agreement for almost 1,000 sqm in the Galeria Słoneczna shopping centre in Radom.

schedule 16 September 2024

Another field for Refield

Refield is starting the development of the first retail park in Środa Wielkopolska. Pasaż Średzki is expected to open in 2026.

schedule 09 September 2024

Smart Park sold to Newgate

Newgate Investment has acquired a completed retail park in Zgorzelec with over 5,400 sqm GLA. The seller was Smart Park Poland.

schedule 05 September 2024

One Gallery, one museum

One United Properties is carrying out restoration works on the former Ford Hall in Bucharest, which will be modernized into a mixed-use space. In addition to offices and a food market concept, One Gallery will feature a museum area, as well as a multifunctional hall.

schedule 04 September 2024

Giant welcomes first guests

San Park Piaseczno, a retail park developed by Ed San III Sancak, has been officially opened. The complex offers a total of more than 40 shops and service outlets.

schedule 29 August 2024

Shopping centres fuell the development activity

According to data from the Cushman & Wakefield Echinox, retail projects totalling more than 87,000 sqm were delivered throughout H1 2024, corresponding to a sharp increase when compared with the 30,000 sqm new supply from the same period of 2023. This year’s evolution was mainly fuelled by Q2 completions.

schedule 27 August 2024

San Park Piaseczno is ready 

San Park Piaseczno, the largest retail park currently under construction in the Mazovia voivodship, will open on 4 September. The retail park, offering a total of nearly 40 shops of brands from many sectors, was fully commercialised a few weeks before the opening.

schedule 23 August 2024

Shoppers flock to Big Gorzów

The Big Gorzów retail park opened a month ahead of schedule. The park was built on an 8 ha site in the north-eastern part of Gorzów Wielkopolski. It will serve 160,000 buyers from the city and the region. On the day of the opening, around 10,000 visitors had visited by 2 pm.

schedule 08 August 2024

Promising environment for luxury retailers

According to Colliers "Luxury Retail Brands in CEE-6” report, key factors attracting luxury brands to Central and Eastern Europe include local wealth,  the growing desire among customers for a Western standard of living,  and the potential of cities to attract large numbers of tourists and visitors.

schedule 08 August 2024

Five parks in five years

Mitiska REIM has announced on behalf of the Merep 3 fund a joint venture partnership with Park Lane Developments to develop retail parks in Bulgaria. 

schedule 24 July 2024

Record-breaking Q1 2024 sees arrival of 20 new brands

Twenty brands debuted on the Czech retail market between January and the end of June, the highest ever recorded in the first six months of a year. The biggest categories were Health and Beauty and F&B. All but one of the new brands opened in Prague, the other setting up shop in an outlet centre in the Moravian town of Hatě.

Edition 11 (293) November 2024

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