PL

POLAND Fifty acres bought west of Warsaw

Land acquisitions
A parcel of plots amounting to more than 50 ha in Wiskitki close to Żyrardów (about 50 km west of central Warsaw) has been acquired by an undisclosed commercial real estate developer, according to JLL, which handled the transaction.

The purchased land, which had 63 owners, consists of 66 registered plots. Negotiation processes related to the purchase of the properties had been underway since autumn 2018, under the supervision of JLL.

We tried to think ahead when looking for land suitable to build a warehouse park. In 2018, we already appreciated the potential of Starowiskitki, which is located 50 km west of Warsaw, near the local junction of the A2 motorway. Over time, the potential of plots located west of Grodzisk Mazowiecki was also emphasised by other investors from the warehouse real estate sector though their implementation of projects in the area.
Agata Zając, the senior land acquisition and development director at JLL

Despite the complex legal status of the properties, JLL was able to assist in finalising their purchase in the originally envisaged format and with the largest possible area. As a result, a warehouse park comprising five buildings with a total area of app. 250,000 sqm is now planned by the developer.

Latest news

Retail & leisure

Poland Polish retail market performs well

schedule 21 November 2024
Opr./edited by ANZ

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. 

Hotels

Serbia Luxury stay in Belgrade

schedule 20 November 2024
Opr./edited by ANZ

The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade Tower (Kula Beograd), built at the meeting point of the Sava and Danube rivers.

Warehouse & industrial

Czech Republic Renegotiations account for nearly 40 pct of industrial leases

schedule 20 November 2024
Opr./edited by ANZ

According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market. 

Investment & finance

Poland A EUR 75 mln loan for Panattoni Park Sulechów III

schedule 20 November 2024
Opr./edited by ANZ

Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.

Infrastructure

Poland Grand station in little Brzeziny

schedule 19 November 2024
Opr./edited by ANZ

The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzeziny, a district town hitherto deprived of any access to rail transport.

Warehouse & industrial

Poland Lynka is staying with Panattoni

schedule 19 November 2024
Opr./edited by JC

Lynka, a European supplier of branded apparel, has extended its lease of 9,000 sqm of warehouse, manufacturing, office and social space in Panattoni Park Kraków IV.

Investment & finance

Czech Republic Czech fund makes a big purchase

schedule 18 November 2024
Opr./edited by JC

Fond Českého Bydlení (the Czech Housing Fund) has successfully completed the acquisition of two apartment buildings located in Beroun and Chomutov. This transaction adds 313 fully rented apartments to the company's portfolio.

Eurobuild CEE

Poland Time for change

schedule 15 November 2024
Eurobuild CEE

As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will be subject to a small payment.

Hotels

Hungary Puro has financing for an investment in Budapest

schedule 15 November 2024
Opr./edited by ANZ

Bank Gospodarstwa Krajowego has granted a loan of up to EUR 40 mln to the Hungarian company from the Puro Group. The financing will be used for the construction of a four-star premium hotel in the centre of Budapest. 

Public buildings

Poland University's new investment in Warsaw

schedule 15 November 2024
Opr./edited by ANZ

The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculties of Journalism, Information and Bibliology and Economic Sciences, as well as the Academic Campus Radio. Construction work will begin at the end of November. 

Investment & finance

Poland Full occupancy across the ELF 2

schedule 14 November 2024
Opr./edited by JC

Savills IM has let the last vacant rental space of the European Logistics Fund 2 (ELF 2) in a logistics property in Konotopa, Poland, on a long-term lease.

Investment & finance

Poland First loan of its kind

schedule 14 November 2024
Opr./edited by JC

Panattoni has been awarded a pioneering green loan from Berlin Hyp worth EUR 74.34 mln. The financing is for a logistics center in Bydgoszcz developed for an e-commerce firm.

Residential

Czech Republic YIT is going to Brno

schedule 13 November 2024
Opr./edited by JC

YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a joint venture with the Czech investor group RSJ Investments.

Investment & finance

Poland Vantage has EUR 100 mln to invest in Poland

schedule 13 November 2024
Opr./edited by ANZ

Vantage Development's Polish subsidiaries have secured a EUR 100 mln loan from the European Bank for Reconstruction and Development. The TAG Immobilien-owned developer and operator will use the funds raised to expand its PRS investments in Poland.

Hotels

Bulgaria The first Mercure in Bulgaria

schedule 13 November 2024
Opr./edited by ANZ

Mercure, a brand of the Accor Group, announces the opening of its first hotel in Bulgaria. The new property is located in one of Sofia's most prestigious districts, Manastirski Livadi, with easy access to the National History Museum and Vitosha National Park.

Warehouse & industrial

Poland All occupied at Hillwood in Łódź

schedule 13 November 2024
Opr./edited by ANZ

The two Łódź logistics centres - Hillwood Łódź Chocianowice and Hillwood Łódź Górna - have been fully leased. The latest agreement has been concluded at the second facility, with a client from the electronics industry.

Warehouse & industrial

Poland Orlen chooses P3 Piotrków park

schedule 13 November 2024
Opr./edited by ANZ

P3 Logistic Parks and Orlen have signed a lease agreement for nearly 24,000 sqm of space in the P3 Piotrków park. The facility will serve as a warehouse for supplying the corporation's fuel stations.

Warehouse & industrial

Poland Panattoni launches a BTS factory

schedule 12 November 2024
Opr./edited by JC

Panattoni has completed a BTS development in Świdnik. A new factory was built for Trilux, a German company operating in the professional lighting sector.

Office & mixed-use development

Poland Third quarter holds steady

schedule 12 November 2024
Opr./edited by JC

Cushman & Wakefield has summarised the Q3 of 2024 on the largest office markets in Poland. Office take-up in key regional cities remained on par with the figures recorded in the same period in 2023, signifying stability on the office rental market.

Warehouse & industrial

Czech Republic CTP builds for Redcare Pharmacy

schedule 12 November 2024
Opr./edited by ANZ

CTP has began the construction of a new distribution centre of more than 30,000 sqm at CTPark Blatnice in the Czech Republic for Redcare Pharmacy. The building is scheduled for completion in July 2025.

Latest in Land acquisitions

schedule 22 April 2024

CTP grows in Poland

CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the opportunity to build approximately 200,000 sqm of leasable space.

schedule 18 April 2024

More land for Garbe

Garbe Industrial Real Estate has secured another plot of land in Rüdenhausen, Germany. The Hamburg-based project developer is planning a logistics centre with a total area of around 19,200 sqm on the site.

schedule 23 February 2024

Slovaks invest in Croatia

Slovak investment fund Prvý realitný fond, through its company Logis Rugvica, has acquired a plot of land in the area of the village of Sveta Helena near Zagreb. This marks the fund's debut on the Croatian market.

schedule 11 January 2024

Tree Development invests in Łódź

Tree Development Group, through a special purpose vehicle, has acquired investment land in the centre of Łódź. A residential project will be built on the plot.

schedule 21 December 2023

Laufen Austria got a new owner

Laufen Austria site in Wilhelmsburg has been sold to a private investor. The zone combines two sites with a total area of approx. 75,000 sqm and a building stock of around 58,500 sqm.

schedule 11 July 2023

Satoia buys 10 ha for 43k of warehousing

Wrocław-based Satoia has acquired a 10 ha plot in Wolbórz from CPD for an undisclosed sum. The land has the potential for the development of an app. 43,000 sqm warehouse project.

schedule 19 April 2023

Logicor turns on to Turnov

Logicor has acquired an app. 10 ha brownfield site near Turnov, in the municipality of Příšovice, about 90 km northeast of Prague.

schedule 03 March 2023

Real Management sells Pionki plot

Real Management has concluded the sale of a 13.7 ha development site on ul. Wesoła in Pionki near Radom to Family Partners for an undisclosed sum.

schedule 15 February 2023

Real Management finds the plot

Real Management has finalised the purchase of a 13.3 ha development plot in Łubna, on national road 79 connecting Warsaw, Piaseczno and Góra Kalwaria.

schedule 03 January 2023

Atman ready for another data centre

Atman, ICT service provider, has purchased an investment site of nearly 6 hectares in Duchnice, in the municipality of Ożarów Mazowiecki. The company provides data security and applications using its own fibre-optic network, servers and cloud computing.

schedule 07 November 2022

Garbe Industrial expands in Thuringia

Garbe Industrial Real Estate has acquired a 47,000 sqm plot of land ready for construction in Thuringia, Germany, which can be used for both commercial and logistical purposes. Construction is expected to begin in Q2 of 2023.

schedule 01 September 2022

Skanska buys Poczta plot in Kraków

Swedish developer Skanska has acquired around 20 ha of land in Kraków from the Polish postal service Poczta Polska for PLN 90 mln.

schedule 22 July 2022

Fifty acres bought west of Warsaw

A parcel of plots amounting to more than 50 ha in Wiskitki close to Żyrardów (about 50 km west of central Warsaw) has been acquired by an undisclosed commercial real estate developer, according to JLL, which handled the transaction.

schedule 04 April 2022

DLE makes first Polish land purchase

DLE Poland, a fund managed by German land development specialist DLE made its first Polish acquisition – a site for the possible development of 4,500 apartments in Warsaw’s Żerań district.

schedule 31 March 2022

Penta purchases site for new Bratislava district

Slovakian developer Penta Real Estate has announced that it has acquired 8.5 ha along the south bank of the Danube in Bratislava from HB Reavis.

schedule 20 April 2021

HB Reavis sells Prague plot for “record” sum

Slovakian real estate group HB Reavis has sold the site of the now demolished Transgas complex in central Prague to Czech developer PSN for CZK 870 mln (app. EUR 72 mln), which it claims is a record sum for such transactions.

schedule 04 February 2021

Medics moving to Missouri

Czech medical hygiene and dressing producer Batist Medical has leased 1,000 sqm in the Missouri Park office building, which is currently being developed by CA Immo in Karlín (Prague 8).

Edition 11 (293) November 2024

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