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POLAND Two new faces for Wola Center

Office & mixed-use development
The Hines European Value Fund (HEVF 1) has secured two more long-term leases for app. 770 sqm office space in Wola Center in Warsaw district. The new tenants are IT firm JIT Team companies and Mytaxi Polska.

Wola Center comprises four office buildings with a total of almost 35,000 sqm of office space and retail/services. The complex is located at ul. Przyokopowa 33 in Warsaw’s Wola-Centrum business district, close to the Rondo Daszyńskiego roundabout and the Warsaw Uprising Museum. It is BREEAM In-Use certified at the ‘Excellent’ level.

The lease contract with JIT Team is for 420 sqm of office space on the 8th floor. The tenant was supported in the process of finalising the contract by Walter Herz.

The other tenant, Mytaxi Polska, will occupy more than 340 sqm on the 9th floor of the complex. In the process of signing the contract, the company was supported by Nuvalu Polska.

DPPA supported Hines for both of the above contracts.

Wola Center, which was completed in 2013, was sold by Develia to Hines in early 2020 for EUR 101.9 mln.

Latest news

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.

Investment & finance

POLAND Generali buys MDC2 Kraków South

schedule 21 September 2022
Nathan North
deputy editor

Italian investor Generali Real Estate has completed the acquisition of MDC2 Park Kraków South, which has a planned area of more than 90,000 sqm gla, for an undisclosed sum.

Investment & finance

CENTRAL EUROPE S Immo to sell to reinvest in CPI offices in Hungary

schedule 21 September 2022
Nathan North
deputy editor

S Immo has announced details of the change in its strategy following its recent takeover by CPI Property Group. This will involve the sell-off of its German residential properties.

Warehouse & industrial

POLAND Work begins on Hager plant in Bieruń

schedule 21 September 2022
Opr./edited by NN

Panattoni has begun the construction work on a 21,000 sqm production plant in Bieruń for Hager Group, a German manufacturer of electrical products for industry and real estate.

Warehouse & industrial

HUNGARY Wing adds to Airport City Business Park

schedule 21 September 2022
Opr./edited by NN

Hungarian developer Wing has completed the 6,000 sqm hall ‘I’ at Airport City Business Park, close to Budapest’s Liszt Ferenc Airport.

Retail & leisure

CEE REGION Immofinanz acquires CPI retail portfolio for EUR 324 mln

schedule 20 September 2022
Nathan North
deputy editor

Immofinanz has acquired 53 retail properties with app. 217,000 sqm of leasable space in the Czech Republic, Poland, Slovakia and Hungary from its majority shareholder CPI Property Group for EUR 324.2 mln.

Office & mixed-use development

SERBIA Tenderly touched by GTC X

schedule 20 September 2022
Opr./edited by NN

Serbian software company Tenderly has pre-leased 3,400 sqm of office space in the GTC X building in Belgrade, which is due to come into use in Q3 2022.

Latest in Office & mixed-use development

schedule 26 September 2022

Liebrecht & Wood to revitalise Praga again

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.

schedule 23 September 2022

Lawyers lease more in North Gate

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

schedule 20 September 2022

Tenderly touched by GTC X

Serbian software company Tenderly has pre-leased 3,400 sqm of office space in the GTC X building in Belgrade, which is due to come into use in Q3 2022.

schedule 16 September 2022

Hyperoptic chooses Bigz

UK fibre-optic internet connection provider Hyperoptic has leased 5,000 sqm in the Bigz office centre, which is currently under redevelopment in Belgrade.

schedule 15 September 2022

Haitong happy in Lumen

Chinese investment bank Haitong Group has prolonged its lease of 1,200 sqm in the Lumen office building in central Warsaw. The workspaces department of the owner and manager of the building, Globalworth, is to remodel the bank’s offices.

schedule 14 September 2022

MetLife chooses life in Warsaw Unit

MetLife Europe Services is to occupy the 21st floor of Warsaw Unit – a total office area of 1,500 sqm in the building, which is owned and managed by Ghelamco.

schedule 14 September 2022

The new face of Stara Rzeźnia is unveiled

Vastint Poland has presented its revitalisation concept for the post-industrial site of the Stara Rzeznia (the Old Slaughterhouse) in Poznań. The historic buildings of the former meat plant are to be carefully restored and will offer service, retail and gastronomic premises, as well as cultural and exhibition space.

schedule 13 September 2022

KOWR cool in Karolkowa

Krajowy Ośrodek Wsparcia Rolnictwa (KOWR), the state agricultural development agency, has renewed its 10,000 sqm lease in the Karolkowa Business Park office building in Warsaw, which is owned by the Menora Group, Shikun & Binui Group and M&A Capital.

schedule 13 September 2022

Varso Tower completed

HB Reavis has completed the construction of the tallest skyscraper in the EU – Varso Tower. The building, which has been designed by the Foster + Partners studio, comprises 70,000 sqm of leasable space. The first tenants are to move in this month.

schedule 09 September 2022

LaSoft makes landing in Off Piotrkowska

Ukrainian web-app developer LaSoft has leased 360 sqm of office space in the Off Piotrkowska complex in Łódź. This is now the third location of the Lviv-based company, following the opening of offices in Wrocław.

schedule 07 September 2022

Risskov travels to Kálvin Square

Risskov, a Swiss travel agency with Danish origins, has leased 555 sqm in the Kálvin Square office building in Budapest, which is owned by KGAL and asset/property managed by ConvergenCE.

schedule 07 September 2022

Mindspace opens in Skyliner

Israeli flex office operator Mindspace has leased 4,400 sqm of the 42-storey Skyliner office building in Warsaw’s Wola-Centrum business district. This will be its second location in Poland, where it will provide over 600 workstations, and is scheduled to open in spring 2023.

schedule 06 September 2022

Pharma in the Forest

Pharmaceutical company Servier Polska Services is to take up 2,300 sqm in the Forest office campus in Warsaw, which was recently completed by HB Reavis. The complex is now 80 pct occupied.

schedule 06 September 2022

Long-term flexible friend for 2 Skanska buildings

DBH Group has leased a combined 5,100 sqm of office space under long-term contracts in two of Skanska’s developments: Equilibrium 1 in Bucharest and H2Offices in Budapest.

schedule 01 September 2022

LaSalle IM off the blocks for 100Yards

LaSalle Investment Management has launched the development of 100Yards on the high-end Na Příkopě boulevard in central Prague. The project involves the transformation of three separate buildings into a single mixed-use retail and office complex.

schedule 31 August 2022

Lakeside Park 02 ready for action

An occupancy permit has been issued for the Lakeside Park 02 office development in Bratislava, which has been developed by Immocap and Wood & Company. The first tenants will start moving in in September.

schedule 30 August 2022

Phoenix arises in Nowy Rynek D

Phoenix Contact Wielkopolska is to open a 1,350 sqm shared service centre located in the Nowy Rynek D building in Poznań.

schedule 30 August 2022

WTT welcomes mFinanse

mFinanse, a financial brokerage business that is part of the mBank group, has leased 308 sqm on the 25th floor of Warsaw Trade Tower.

schedule 26 August 2022

Belgrade tops CEE fit-out cost league – C&W

Belgrade currently has the highest fit-out costs in the CEE and SEE regions, followed by Prague and Warsaw, according to research by Cushman & Wakefield.

schedule 25 August 2022

Grand Parade stays in Kotlarska 11

Grand Parade, part of UK bookmaking group William Hill, has renegotiated its 4,800 sqm lease in the Kotlarska 11 office building in Kraków.

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