PL

POLAND Cordia gets Modena underway

Residential
The cornerstone has been laid for the revitalisation of the former Modena clothing factory in Poznań’s Jeżyce district, just west of the Old Town. A green housing estate is to be built on the site in the style of the traditional tenement houses in the neighbourhood.

In the first stage, Cordia, the residential wing of Hungarian developer Futureal, plans to develop a six-storey building with an eight-storey dominant element on the site.

The phase also includes the restoration of a historic avenue of plane trees. Work has already started on subsequent stages of the investment, but the developer has now confirmed that two buildings on ul. Jackowski and ul. Kraszewski are to be restored, as will the characteristic 1980s neon sign.

This is our first project in Poznań, so I am even more pleased that we have achieved what many before us have failed to do: to ensure that this forgotten but key place for the city's identity is given a second life. For Cordia, this is a dream project, because our group has a lot of experience in the field of urban regeneration. Our portfolio includes, among others, the Corvin Promenade project in Budapest, which is one of the largest examples of the comprehensive revitalisation of the entire city quarter in Europe.
Tomasz Łapiński, the managing director of residential projects at Cordia Polska

In the first stage, nine commercial units and 263 flats are to be built, most of which will be one- and two-room units. The dominant section will contain two-storey apartments with terraces overlooking the city. Modena will also include a relaxation area with benches and hammocks, as well as an internal green patio. Among the green features of the project, Cordia is installing photovoltaic panels, green roofs and a storage reservoir connected to an automatic irrigation system.

Latest news

Office & mixed-use development

POLAND Ukrainian document service opens in Blue Office

schedule 12 August 2022
Opr./edited by NN

The Ukrainian state document enterprise has opened its first branch in Poland – in Blue Office in Warsaw.

Material partner

Poland New ESG Report – Atrium

schedule 02 August 2022
Eurobuild CEE

Atrium European Real Estate has published its 6th ESG report summarising the company's achievements in 2021. The report details the key initiatives involved in the implementation of the its ESG strategy. The company has set new and even more ambitious medium-term targets for 2030, which include a 40 pct reduction in the carbon footprint of its shopping centres by 2030, compared to 2019 levels. By 2050, Atrium wants to have become a carbon-neutral organisation.

Property and Facility Management

CENTRAL EUROPE CPI to manage Immofinanz portfolio

schedule 12 August 2022
Opr./edited by NN

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.

Office & mixed-use development

POLAND Medicover to open in Brain Park

schedule 12 August 2022
Opr./edited by NN

Medicover is to open its seventh Kraków clinic in Brain Park, which is under construction in Kraków, having leased 1,500 sqm in the office complex.

Warehouse & industrial

SLOVAKIA Naut left to lease in Garbe Piešťany

schedule 12 August 2022
Opr./edited by NN

Swedish e-commerce and outsourcing specialist Naut Group has leased 4,700 sqm of logistics space in Garbe Green Park Piešťany, where developer Garbe is to start the construction of a second, 18,000 sqm hall.

Office & mixed-use development

Poland Adgar buys Renaissance Tower

schedule 11 August 2022
Opr./edited by JC

Adgar Poland has acquired the Renaissance Tower office building in Warsaw's Wola district from Octava Property Trust for an undisclosed sum.

Warehouse & industrial

POLAND 7R Lublin receives financing boost

schedule 10 August 2022
Opr./edited by NN

7R has obtained a syndicated loan for the further development of 7R Park Lublin, which is to be expanded to almost 110,000 sqm.

Warehouse & industrial

POLAND Panattoni Park Żary on its way

schedule 10 August 2022
Nathan North
deputy editor

Panattoni has acquired a site for the development of Panattoni Park Żary, in Lubuskie province, close to Poland’s border with Germany.

Green projects

POLAND The first truly green houses

schedule 10 August 2022
Eurobuild CEE

The Polish Green Building Association (PLGBC) has awarded the first Green House pre-certificate, which confirms the environmental value and high energy efficiency of residential buildings. After the completion of construction work, the Aleja Drzew estate in Łódź should qualify to receive the final certificate.

Office & mixed-use development

POLAND Franke goes to Myhive

schedule 09 August 2022
Opr./edited by NN

Swiss kitchen fitting and design conglomerate Franke Group is to move its European shared services centre to the Myhive Nimbus office building in Warsaw, where it has leased 1,500 sqm.

Office & mixed-use development

POLAND Newmark moves to Centrum Marszałkowska

schedule 09 August 2022
Opr./edited by NN

Commercial real estate advisory Newmark Polska has relocated its Warsaw headquarters to Centrum Marszałkowska in the centre of the city.

Investment & finance

ROMANIA Hili handover for Miro

schedule 09 August 2022
Nathan North
deputy editor

Hili Properties has acquired, for around EUR 50 mln, a 75 pct stake in Băneasa Real Estate SRL, the special purpose vehicle that owns the Miro office building in Bucharest.

Events

POLAND The tournament where everyone was a winner

schedule 09 August 2022
Eurobuild CEE

JLL’s 11th Real Estate Charity Beach Volleyball Tournament brought together 54 teams and around 2,500 guests, while more than PLN 750,000 was raised in the charity auction for the Polish Humanitarian Action and Women's Rights Centre Foundation.

Office & mixed-use development

POLAND Warsaw office vacancy continues to slide – C&W

schedule 08 August 2022
Opr./edited by NN

Warsaw’s total office stock reached app. 6.27 mln sqm at the end of H1 2022, with occupier activity accelerating while vacancy continued its downward trend – according to Cushman & Wakefield.

Investment & finance

ROMANIA One United raises EUR 51.5 mln on BVB

schedule 08 August 2022
Opr./edited by NN

Romanian developer One United Properties has raised EUR 51.5 mln in what the company claims is the largest ever capital increase from a share issue of a company listed on the Bucharest Stock Exchange (BVB).

Investment & finance

ROMANIA CA Immo begins Romanian sell-off

schedule 08 August 2022
Nathan North
deputy editor

Austrian real estate investor CA Immo has officially announced that it is selling its office portfolio in Romania.

Office & mixed-use development

POLAND Kraków tops provincial office leasing league

schedule 05 August 2022
Opr./edited by NN

The leasing activity in the Kraków office market reached 109,000 sqm In H2 2022 – more than any other Polish regional city, equivalent to 70 pct of 2021’s total and representing a 44 pct y-o-y increase, according to Savills.

Investment & finance

POLAND Pbb loans EUR 120 mln to EQT in Poland

schedule 05 August 2022
Opr./edited by NN

Pbb Deutsche Pfandbriefbank has provided a EUR 120 mln refinancing loan to EQT Exeter for its Polish logistics portfolio.

Investment & finance

CEE REGION CEE investment up 33 pct in H2 – C&W

schedule 05 August 2022
Opr./edited by NN

In H1 2022, the total CEE commercial real estate investment volume reached EUR 5.5 bln – an increase of 32.8 pct y-o-y, according to Cushman & Wakefield.

Warehouse & industrial

ROMANIA DPD continues growth in VGP Arad

schedule 05 August 2022
Opr./edited by NN

French courier firm DPD has leased 3,500 sqm of warehouse space in VGP Park Arad in Transylvania.

Latest in Residential

schedule 11 July 2022

Trei gets moving with first Polish PRS project

Trei Real Estate Poland has started work on its first PRS investment in Poland. The estate is situated on ul. Piątkowska in Poznań’s Winiary district.

schedule 11 July 2022

Cordia gets Modena underway

The cornerstone has been laid for the revitalisation of the former Modena clothing factory in Poznań’s Jeżyce district, just west of the Old Town. A green housing estate is to be built on the site in the style of the traditional tenement houses in the neighbourhood.

schedule 02 June 2022

Dom Development launches Wrocław estate

Dom Development has opened the sales process for its Osobowicka 114 estate in Wrocław.

schedule 31 May 2022

Bouygues begins first project in Gdynia

Bouygues Immobilier has appointed Mota-Engil as the general contractor for its Żeromskiego 7 residential building in Gdynia.

schedule 30 May 2022

Acciona starts second stage of Blanco

Acciona has launched the sales process of the second stage of the Blanco residential estate in Pruszków, its first project outside of Warsaw.

schedule 25 April 2022

BPI announces plans for the year

Belgian developer BPI Real Estate Poland is preparing six new investment projects in Wrocław, Poznań, the TriCity and Warsaw with work to begin this year.

schedule 21 April 2022

Heimstaden buys more Warsaw homes

Swedish rental housing specialist Heimstaden Bostad is to acquire the 400-apartment Aurora project in Warsaw’s Włochy district from its developer Dantex.

schedule 12 April 2022

Capital Park seals Polski Hak purchase

The Capital Park Group signed a final purchase agreement for two plots with a total area of 1.3 ha on the Polski Hak (Polish hook) promontory in Gdańsk.

schedule 01 April 2022

TAG completes Robyg takeover

German residential developer TAG Immobilien has completed the 100 pct acquisition of its Polish counterpart Robyg from Bricks Acquisitions Limited for an estimated PLN 2.5 bln.

schedule 16 March 2022

Hines teams up with Kajima

International property investors Hines and Kajima have announced an agreement to jointly develop residential buildings for the institutional rental (PRS) market.

schedule 15 March 2022

Stara Cukrownia on the starting blocks

Sopot-based firm NDI Development has gained a financial partner for its Stara Cukrownia project in Pruszcz Gdański.

schedule 03 March 2022

Green Home approval granted to One Cotroceni Park

The One Cotroceni Park residential project under development by One United Properties in Bucharest has been granted Green Homes pre-certification from the Romania Green Building Council.

schedule 28 February 2022

Okam to push on with Bohema

Okam has received the final construction permit for two buildings as well as the required permits to renovate the historic buildings in stages D and E of its Bohema project in Warsaw’s Praga district.

schedule 03 February 2022

Portowo granted building permit

Vastint Poland has received a building permit for its Portowo residential project in Poznań.

schedule 20 January 2022

Klingerka building completed

Developer J&T Real Estate completed the construction of Bratislava’s tallest residential building.

schedule 11 January 2022

Echo Investment residential sales up by 16 pct

Echo Investment has reported 3,000 apartment sales over 2021 up by 16 pct y-o-y.

schedule 30 December 2021

Garbe sets up European residential fund

Garbe Institutional Capital has launched a pan-European residential real estate fund with a total target investment volume of around EUR 800 mln.

schedule 27 December 2021

TAG buys Robyg for PLN 2.5 bln

German real estate company TAG Immobilien has provisionally acquired Polish residential developer Robyg for an estimated PLN 2.5 bln.

schedule 30 November 2021

CTP opens Domeq II and III

Czech industrial developer has continued its foray into the residential market with the opening of Domeq II and III in Brno, designed for young professionals and families

schedule 09 November 2021

Housing market tightens

The residential market’s third-quarter performance was markedly weaker than the first six months of 2021, both in terms of sales and new supply, according to the Residential Market in Poland - Q3 2021 report by JLL.

Categories