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POLAND 32-up for Trei in Mielec

Retail & leisure
German developer Trei Real Estate has opened its 32nd Polish Vendo Park retail park – in Mielec, in the country’s southeastern Podkarpackie (Subcarpathia) province.

Vendo Park Mielec has been developed in an investment of app. EUR 11.9 mln. It has a leasable area of 7,000 sqm with 13 units and parking for 360 vehicles. Tenants include Biedronka, KiK, Rossmann, Pepco, Media Expert, Takko Fashion and Tedi.

In Mielec, we recognised the potential to expand our traditional retail spectrum. There are still so many small- and mid-sized towns in Poland that have no modern outlets for retailers offering consumer staples. The fact that the entire complex is already fully occupied reflects the strong tenant-side demand. We are therefore planning to further expand the retail premises in Mielec, and to bring in additional retailers.
Jacek Wesołowski, the managing director of Trei Real Estate Poland

This is the third retail park Trei has opened in Poland this year, following openings in Skarżysko-Kamienna and Otwock. Another four such parks under construction in the country: in Kraków, Zambrów, Gorzów Wielkopolski and Łapy. Together with its Slovakian and Czech centres, Trei now has a network of 42 Vendo Parks.

Latest news

Retail & leisure

Poland Glinianka is filling up

schedule 24 March 2023
Opr./edited by ANZ

Jysk, which took up around 1,300 sqm, and Piekarnia Cukiernia Grzybki bakery (around 170 sqm) are new tenants at the Glinianka retail park. The park is being built in the village of Łubna, near Warsaw, and will provide the Mazovian market with around 10,000 sqm of leasable space. 

Office & mixed-use development

Poland Intive flexible in Warsaw

schedule 24 March 2023
Opr./edited by ANZ

Intive global tech company has let 62 workstations in the flexible Myhive offices belonging to CPI Property Group.

Eurobuild FM

Warsaw - Cannes Big business under the palm trees (ep. 6)

schedule 23 March 2023
Eurobuild CEE

A huge bombshell for the finale of the Cannes podcast – as many as FIVE of the top experts in the last episode of the series! Some famous names and also some less well-known to us are now poised to enter the Polish market! And you can listen to them here!

Office & mixed-use development

Poland Vibe comes out of the ground

schedule 23 March 2023
Opr./edited by ANZ

The Vibe office building is climbing up. The underground structure of the edifice has been completed. Ghelamco's latest investment is expected to be ready in the first quarter of 2024.

Investment & finance

Czech Republic Strong CTP in the Czech Republic

schedule 23 March 2023
Opr./edited by ANZ

2022 was a successful year for the property developer CTP. The company, operating in 10 European countries, has successfully managed to deal with the impact of global events on the European market. In 2022, the portfolio area in the Czech Republic was expanded by 300,000 sqm, bringing the total area to 3.8 mln sqm. Rental income increased by 13 pct year-on-year to EUR 230.3 mln. At present, CTP is the largest player in the Czech industrial-logistics property market with a 28 pct share.

Investment & finance

Romania New hotel brand in Bucharest

schedule 23 March 2023
Opr./edited by ANZ

Lorand and Zsuzsanna Szarvadi, the owners of the Balvanyos Resort & Spa in Covasna, acquired the K+K Elisabeta hotel located in the Bucharest city centre, and they will relaunch it under the newly established Peakture hotel brand.

Residential

Poland PRS with ambitious plans

schedule 23 March 2023
Opr./edited by JC

According to the latest Avison Young report, at the end of 2022, there were over 9.4 thousand units in the pool of apartments for institutional rent in Poland, and another 13 thousand flats were under construction. The prolonging conflict in Ukraine and the significantly reduced credit scores increase the demand for renting apartments and thus, affect the development of the PRS market in Poland.

Warehouse & industrial

Romania Sun Wave Pharma in CTPark Bucharest South

schedule 22 March 2023
Opr./edited by ANZ

CTP has leased an area of 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in the south of Bucharest, in the Popești - Leordeni area. From here, the products of the company will be delivered to both Romania and Bulgaria, with the warehouse acting as a regional hub.

Office & mixed-use development

Poland Demand is strong, but renting expensive

schedule 22 March 2023
Opr./edited by ANZ

The scale of office investments carried out in Poland today is much smaller than in previous years, while the demand for space is still high, according to consultants from Walter Herz.

Office & mixed-use development

Poland Three flexible floors

schedule 22 March 2023
Opr./edited by ANZ

Flexible office space operator CitySpace will open its first Łódź venue in the Fuzja complex. It will offer 301 workstations and three meeting rooms. CitySpace Fusion is scheduled to open in May 2023.

Warehouse & industrial

Poland Another tailored facility for DHL

schedule 22 March 2023
Opr./edited by ANZ

Panattoni has completed a new build-to-own development for DHL Parcel, a division of a global logistics company. DHL acquired a cross-docking centre with area of almost 9,000 sqm late last year. The development in Kostrzyn is yet another built to suit complex constructed by Panattoni for the DHL group and yet another in the Wielkopolska region.

Green projects

Poland Platinium P180

schedule 22 March 2023
Opr./edited by ANZ

Energy consumption reduced by almost 48 pct, almost 4 mln litres of water saved in a year and CO2 emissions reduced by more than 3,900 tonnes - these are the savings generated by the Warsaw P180 office building, developed by Skanska in Warsaw by the Wilanowska metro station. The investment has just received LEED Core & Shell certification at the Platinum level.

Warehouse & industrial

Romania Alaska Energies in VGP Park Bucharest North

schedule 21 March 2023
Opr./edited by ANZ

VGP, a European owner, manager and developer of logistics and semi-industrial real estate, has leased over 8,000 sqm of space in VGP Park Bucharest North to Alaska Energies.

Warehouse & industrial

Poland City Point Targówek is filling up

schedule 21 March 2023
Opr./edited by ANZ

Peakside Capital has signed a lease agreement with courier company DPD Polska for 7,000 sqm of cross-dock space at the City Point Targówek park in Warsaw. The complex is currently being completely redeveloped. It will ultimately provide nearly 100,000 sqm of commercial space. DPD Polska will move into the completed facility later this year.

Office & mixed-use development

Poland From printing plant to park

schedule 21 March 2023
Opr./edited by ANZ

Echo Investment and AFI Europe have unveiled their latest concept for the Towarowa 22 city-forming development in Warsaw. Offices, residential units for sale and rent, commercial premises and an extensive park are to be built on the 6.5 ha plot.

Office & mixed-use development

Hungary Hungarian startup moves to Krausz Palota

schedule 21 March 2023
Opr./edited by JC

In the third quarter of 2023, Craft Docs will occupy its brand-new office on the third floor of Krausz Palota for over 1,000 sqm. Online documentation and efficiency solutions company will be the building's first tenant following its comprehensive 2-year renovation.

Eurobuild FM

Warsaw - Cannes Big business under the palm trees (ep. 5)

schedule 21 March 2023
Eurobuild CEE

We invite you to the next, penultimate episode of a special series of podcasts from Cannes! Today, Polish experts will answer e.g. to a seemingly simple question: is it worth investing in Poland and why is it the best destination.

Warehouse & industrial

POLAND Mainfreight moves to Panattoni Sosnowiec III

schedule 21 March 2023
Opr./edited by NN

New Zealand-based logistics provider Mainfreight has leased 2,540 sqm of warehouse and office space in Panattoni Park Sosnowiec III.

Warehouse & industrial

ROMANIA Dutch cheese from Transylvania

schedule 21 March 2023
Opr./edited by NN

Dutch multinational dairy cooperative FrieslandCampina is consolidating its Romanian operations in Mureș City Logistics in Transylvania, which is being developed by Global Vision in partnership with Globalworth.

Office & mixed-use development

POLAND SAP fills gap in Varso Tower

schedule 21 March 2023
Nathan North
deputy editor

The Polish branch of German software developer SAP is to move into the 11th floor of the Varso Tower building in central Warsaw, where it will occupy almost 1,400 sqm.

Latest in Retail & leisure

schedule 24 March 2023

Glinianka is filling up

Jysk, which took up around 1,300 sqm, and Piekarnia Cukiernia Grzybki bakery (around 170 sqm) are new tenants at the Glinianka retail park. The park is being built in the village of Łubna, near Warsaw, and will provide the Mazovian market with around 10,000 sqm of leasable space. 

schedule 08 March 2023

Carrefour takes over in Plac Unii

A 3,000 sqm Carrefour supermarket is to open in thee Plac Unii office and retail complex in Warsaw, where it will replace Supersam, which operated in the complex until the end of 2022.

schedule 24 February 2023

Turawa Park ready for extension

Focus Estate Fund will soon start work on the extension of the Turawa Park shopping centre in Opole. The end of the redevelopment is scheduled for the fourth quarter of this year.

schedule 27 January 2023

Forum Gdańsk has new manager

In January 2023, Sierra Balmain commenced cooperation in the field of lease management and the provision of financial and corporate accounting services for the Forum Gdańsk shopping centre, owned by NEPI Rockcastle.

schedule 26 January 2023

Dawna Fabryka to replace former factory

The Dawna Fabryka retail park is to be built on the site of the former ZREMB Foundry near the centre of Jelenia Góra in southwestern Poland.

schedule 19 January 2023

Focus turns to Ferio Legnica

Focus Estate Fund has acquired the 13,200 sqm Ferio Legnica shopping centre in southwest Poland from Raiffeisen Bank International for an undisclosed sum.

schedule 18 January 2023

Strong retail in Romania

Cushman & Wakefield Echinox has presented its report on Romanian retail market. The development activity in the retail sector remains animated, with over 230,000 sqm planned to be delivered in 2023, which is the highest level of the last six years.

schedule 02 January 2023

Baltic Horizon sells Europa parking

BH Europa UAB, an SPV of Baltic Horizon real estate fund, has completed the sale of its share in the car park building of the Europa shopping centre in Vilnius to the UAB Prime Location Property Fund.

schedule 27 December 2022

Work shopping balance

Nooka Space has launched a smart flex office service within Nepi Rockcastle shopping malls across Romania. Each office booth, whether indoor or outdoor, offers a high level of privacy and the optimal conditions to work, by creating an island of silence in an open or crowded area. The structure of the booth offers a high level of safety, shielding users from the outside conditions.

schedule 22 December 2022

Frogs on the motorway

Drivers travelling along the A2 motorway can now do their fast shopping in two Żabka shops located in travel service areas, the so-called MOPs. The format of the shops has been adapted to the needs of travellers, who can enjoy an extended offer of hot snacks, coffee and sandwiches and salads.

schedule 20 December 2022

Nepi Rockcastle buys Forum Gdańsk for EUR 250 mln

Nepi Rockcastle has acquired Forum Gdańsk shopping centre from Blackstone for EUR 250 mln. The acquisition represents one of the biggest single-asset shopping centre transactions by value in Europe and the largest in the CEE region in 2022.

schedule 16 December 2022

32-up for Trei in Mielec

German developer Trei Real Estate has opened its 32nd Polish Vendo Park retail park – in Mielec, in the country’s southeastern Podkarpackie (Subcarpathia) province.

schedule 09 December 2022

Iulius opens second Iași Family Market

Iulius has opened its second Family Market strip mall this year, in the Bucium district of Iași in eastern Romania, following the opening of another centre in Miroslava in the same city.

schedule 08 December 2022

Atut Galicyjska opens in Nowa Huta

KG Group has opened the Atut Galicyjska retail park complex in Kraków – the two joint centres together have an area of 20,000 sqm gla.

schedule 06 December 2022

ROS grows in Poland

ROS Retail Outlet Shopping strengthens its activity in Poland. The Austrian company plans extension in Gdańsk in 2023 and the new project in Kraków in 2024.

schedule 29 November 2022

Mitiska and Karuzela open Kołobrzeg centre

Mitiska REIM and Karuzela Holding have opened a new convenience shopping centre mall in Kołobrzeg on Poland's Baltic coast. The new centre contains 40 shops on an area of 19,800 sqm and offers parking for 1,000 vehicles.

schedule 25 November 2022

Forum Palermo rejuvenated

Multi, a platform for integrated real estate management services, has recently refurbished and extended Forum Palermo, the largest shopping centre in north-west Sicily.

schedule 25 November 2022

Sinsay expands in Romania

New Sinsay stores will be opened in retail parks located in Timisoara and Vaslui. These are the next points of this brand in Romanian commercial facilities, which are being developed by the Polish company Scallier. 

schedule 22 November 2022

Strong retail market in Romania

Cushman & Wakefield Echinox, the exclusive affiliate of Cushman & Wakefield in Romania, has presented its study on different retail market segments activity in Romania. The cumulative turnover of the 6,000+ stores operated by large retailers increased by 20 pct, more than the inflation rate and the national consumption growth.

schedule 17 November 2022

NEPI buys Copernicus in Toruń

NEPI Rockcastle has entered into a binding agreement to acquire the Atrium Copernicus shopping centre in Toruń.

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