Investment & finance
Real Management has closed the sale of the modern office and technology building Bolero Office Point 2, located at ul. Równoległa 4 in Warsaw. The building has been acquired by Interpierre Europe Centrale managed by PAREF Gestion.
Green projects
.Ktw II office building, developed by TDJ Estate, has been certified BREEAM at the Excellent level. The document is the final assessment of the investment's environmental impact. The building achieved a score of 80.6 pct.
Investment & finance
With the acquisition of 63 residential units in Warsaw's Zlota 44 residential tower, German corporate group Livos has made its debut on the Polish real estate market. The seller, Catella Residential Investment Management, has thus withdrawn from the Polish market.
Investment & finance
A consortium of four banks has granted HB Reavis a EUR 475 mln loan to refinance its Varso Place development in the centre of Warsaw – the largest transaction of its kind in the history of the Polish real estate market.
Sitting down
It is our pleasure to invite you to listen to the first episode of the fourth season of our ‘Sitting Down With…’ chats. This time, Arkadiusz Rudzki of Skanska Commercial Development Europe is the guest of our podcast.
Warehouse & industrial
Last year MLP Group recorded very good results as regards contracts signed with tenants. During the period, the developer of modern logistics facilities leased in approx. 240,000 sqm of space. The largest number of contracts were signed at the MLP Pruszków II park near Warsaw and MLP Poznań West. This year the level of commercialisation is planned to go up by about 20 pct.
Warehouse & industrial
German logistics company Emons has leased more than 6,000 sqm in Sázava Logistics Park, which is situated off the D1 motorway near Ostředek, about 45 km southeast of central Prague.
Warehouse & industrial
Kucera Logistics Group has leased almost 3,300 sqm of warehouse and office space at Panattoni Park Pruszków V near Warsaw for a new distribution centre.
Warehouse & industrial
A new urban warehouse facility, Gdynia City Logistics, developed by Torus, under the banner of Torus Logistics, and in cooperation with BTV Real Estate, will be built in Gdynia. The investment has just received a decision on development conditions.
Warehouse & industrial
Peakside Capital Advisors has selected Kajima Poland as the general contractor for the phase I redevelopment of the City Point Targówek urban logistics park. Demolition work is currently underway. The handover of the first building to tenants will take place this year.
Investment & finance
Patron Capital, the European investor focused on property-backed investments, in partnership with 7R, a developer specializing in the construction of warehouses, have announced the sale of an approximately 30,000 sqm logistics asset in Goleniów to an undisclosed institutional investor for EUR 22 mln.
Investment & finance
Drooms has surveyed 229 real estate experts in Europe on their predictions for 2023. According to the research real estate professionals anticipate business growth despite high interest rates and growing inflation. Over 37 pct of real estate companies in Europe expect revenues to increase this year.
Warehouse & industrial
Regesta has signed a lease for 7,000 sqm of warehouse and office space in Panattoni Park Gdańsk West II for its first warehouse in northern Poland. The company provides road haulage and domestic and international forwarding services.
Property and Facility Management
Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.
Eurobuild FM
We are delighted to inform you that we are starting the fifth series of the Eurobuild FM podcast channel! Our first guest, Piotr Trzciński of Savills Investment Management, comments on the current situation and gives us his forecasts for the Polish investment market.
Warehouse & industrial
Panattoni has started construction work on Panattoni Park Łódź South II, which is to comprise 57,300 sqm and will be built in a single stage. The complex is to be BREEAM 'Excellent' certified.
Warehouse & industrial
Polish warehouse developed 7R has leased out the entire first stage of 7R Park Bydgoszcz, which is now being prepared for expansion. The main tenant of the first phase is now Polish logistics operator Rohlig Suus Logistics, which has decided to lease another 3,000 sqm, bringing its premises in the park up to almost 16,500 sqm.
Investment & finance
Savills Investment Management transacted more than EUR 3.6 bln globally in private real estate equity transactions in 2022, including EUR 3.1 bln in Europe and EUR 540 mln in Asia. The investment platform completed 112 transactions across 14 countries in 2022, including around EUR 2.1 bln of acquisitions and EUR 1.5 bln of disposals, resulting in a net investment of app. EUR 600 mln.
Office & mixed-use development
Polish serviced office operator OmniOffice has leased 3,090 sqm in Warsaw Unit from Ghelamco.
Investment & finance
Czech real estate investor Trigea nemovitostní fond has acquired City Logistics Wrocław II from Panattoni for an undisclosed sum.
Polish serviced office operator OmniOffice has leased 3,090 sqm in Warsaw Unit from Ghelamco.
Around 500,000 sqm of office spaces are unoccupied in Bucharest, reflecting a vacancy rate of 15.2 pct. 50 pct of the total vacant spaces can be found in buildings developed over 15 years ago, most of them requiring investments to attract new tenants.
French engineering and construction group Egis has leased 1,100 sqm in America House in Bucharest. The Romanian branch of the company will move into its new headquarters in the summer of 2023.
GTC closed the year by achieving a very high occupancy rate for its office buildings in Warsaw. Particularly important for GTC's result was a contract-laden end of the year. The company signed office leases from its Warsaw portfolio for nearly 20,000 sqm, 34 pct of all transactions were new tenants.
Polish Chamber of Commercial Real Estate (PINK) has published figures summarizing office market in major regional markets in Poland for Q4 2022. The data is sourced from advisory companies BNP Paribas Real Estate, CBRE, Colliers, Cushman&Wakefield, JLL, Knight Frank, Newmark Polska, Savills) and includes information on existing modern office stock, new completions, take-up volumes and vacancy rates.
Three new tenants are moving into Malta Office Park, a Poznań office complex located by the Malta Lake. The total area covered by the contracts is nearly 750 sqm of A-class office space.
In 2022, the demand for offices in Warsaw exceeded 860,000 sqm. The highest tenant activity could be seen in Q1 and Q4 of the previous year. Traditionally, most Warsaw offices were contracted by companies from the financial sector, business services and the IT industry.
Logistics provider Orbico Hungary has leased 1,253 sqm of office space in the first phase of H2Offices complex in Budapest.
Senior and disabled persons home care provider Aterima Group has prolonged and extended its lease in Bonarka for Business in Kraków.
Schneider Electric Polska renegotiated the contract and extended its lease of 8,500 sqm of office space in Park Rozwoju in Warsaw’s Służewiec business district.
Clinical trials specialist FutureMeds has leased 1,100 sqm in the Infinity office building in Wrocław.
Geographic information system (GIS) software specialist ESRI Romania has signed a five-and-a-half year lease for 540 sqm in Globalworth Campus in Bucharest.
The renovation of the Krausz Palace is near completion. The modernized 130-year-old classical building is now being relaunched as a state-of-the-art high-street retail and office asset, within one of the most attractive districts of Budapest.
PINK has published figures on office market in Warsaw for Q4 2022. The data includes information on modern office stock, new completions, take-up volumes and vacancy rates.
In a difficult and unpredictable economic climate, flexible spaces are gaining in importance, the experts at New Work point out in their report. ESG issues are also playing a growing role in this sector.
Strabag Real Estate is starting the demolition process for Atrium International in central Warsaw. The 1990s office building is to be replaced by the Upper One office and hotel complex
German ventilation systems producer Vaillant Group is to open its second office in Poland in the .KTW office complex in Katowice.
America House, located in the heart of Bucharest CBD, is the first Class A office building in the city to obtain Outstanding rating according to BREEAM In-Use certification. EUR 10 mln have been invested in the building.
Vastint has received permission to renovate the first three buildings in the historic Old Slaughterhouse complex in Poznań. They will be restored and converted into office buildings. The revitalisation plan for the rest of the Old Slaughterhouse is currently the subject of public consultation.
Accenture, a consulting company, will open its office in the Wave commercial building in Gdańsk. The new tenant will occupy approximately 1,000 sqm of space equipped with pro-environmental and innovative solutions, which have undergone additional LEED Interior Design certification.
Russian poet and singer Alexander Vertinsky wrote in his memoirs on January 8th 1918: “Life in Moscow had become harder...
Small talkTenant representation agency ITRA has been operating on the Polish market for almost a year - and what an eventful year it has been! We spoke to Artur Sutor, the CEO of ITRA Poland ...
Small talkFlex space operator Mindspace is opening its second location in Warsaw, in the Skyliner building. And is targeting a different type of client – the big corporations. As Michał Kwi ...
Penta Real Estate is holding an architectural competition for the development of a 4.5 ha brownfield site that formed part of the former Juraj Dimitro ...
Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headqua ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
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 w ...
It is with great sadness that we learn of the death of Karol Bartos, one of the most well-known and distinguished personalities on the Polish real est ...
We are delighted to inform you that we are starting the fifth series of the Eurobuild FM podcast channel! Our first guest, Piotr Trzciński of Savills ...
MIPIM announces the finalists of the MIPIM Awards, a real estate competition for completed or yet to be built projects around the world. This year, t ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
.Ktw II office building, developed by TDJ Estate, has been certified BREEAM at the Excellent level. The document is the final assessment of the invest ...
JW Marriott, part of Marriott Bonvoy’s, has unveiled its new property in Germany with the opening of JW Marriott Hotel Berlin. It is the brand’s secon ...
BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.
Mazowiecki province has issued a ZRID permit for Mostostal Warszawa to construct a 12 km section of the S7 expressway between Załuski and Modlin, nort ...
The Chybik + Kristof architectural office has won the design competition to transform a former textile factory into a new contemporary art gallery and ...
Real Management has closed the sale of the modern office and technology building Bolero Office Point 2, located at ul. Równoległa 4 in Warsaw. The bui ...
Atman, ICT service provider, has purchased an investment site of nearly 6 hectares in Duchnice, in the municipality of Ożarów Mazowiecki. The company ...
The company has been strengthening its position on the commercial real estate market as a specialist consultancy providing comprehensive tenant and la ...
Polish serviced office operator OmniOffice has leased 3,090 sqm in Warsaw Unit from Ghelamco.
Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.
The renovation of the Darius and Girėnas Stadium in Kaunas has been completed. The grand opening will take place in mid-October, when the stadium will ...
Empira Group has acquired the Langes Land, a residential project in Munich, Germany. The project will create residential space in the highly sought-af ...
In January 2023, Sierra Balmain commenced cooperation in the field of lease management and the provision of financial and corporate accounting service ...
It is our pleasure to invite you to listen to the first episode of the fourth season of our ‘Sitting Down With…’ chats. This time, Arkadiusz Rudzki of ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
Last year MLP Group recorded very good results as regards contracts signed with tenants. During the period, the developer of modern logistics faciliti ...
