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Poland This is the end

E-commerce
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 regions of the world.
Shopee's homepage displays a message that reads: We regret to inform you that the Shopee Poland platform will cease operations on 13 January 2023 at 23:59. Orders placed before this date are expected to be processed according to standard procedures, support and handling of placed orders will continue. The company does not give official reasons for the closure. According to the Wirtualne media portal, employees were communicated that the decision was related to "high uncertainty about the m
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Latest news

Investment & finance

Poland Develia buys land in the centre of Wrocław

schedule 28 January 2025
Opr./edited by ANZ

Develia has bought land at ul. Orląt Lwowskich in Wrocław. The developer plans to develop a dormitory with around 600 rooms and two service units on it. Develia acquired the property from the Puro Hotels financial group for PLN 40.6 mln.

Investment & finance

Germany Pamera went shopping

schedule 28 January 2025
Opr./edited by JC

Pamera Real Estate Partners concluded 2024 with the acquisition of two additional properties valued at approx. EUR 40 mln. One of the assets is a medical centre located in the Grosshadern district of Munich.

Investment & finance

CEE Summus Capital: Boldness from the Baltics

schedule 28 January 2025
Nathan North
deputy editor

Towards the end of last year, Estonian-based investment company Summus Capital expanded out of the Baltics to make its first acquisitions in Poland: the React office building Łódź (15,000 sqm – sold for EUR 32.5 mln) and the Lakeside office complex in Warsaw (23,834 sqm, EUR 61.9 mln). And so, Eurobuild spoke to Summus Capital board member Hannes Pihl to find out more about the company's strategy.

Office & mixed-use development

Germany Silverton lets office space in Meerbusch

schedule 28 January 2025
Opr./edited by ANZ

The Silverton Group has agreed to a long-term lease of around 950 sqm of office space in the property near Düsseldorf to Gel Express Logistik. The office building at Otto-Hahn-Strasse in Meerbusch provides a total lettable area of around 3,100 sqm.

Investment & finance

Germany Garbe and Sidra Capital form joint venture

schedule 28 January 2025
Opr./edited by ANZ

Garbe has formed a strategic partnership with Sidra Capital, a Middle Eastern investment manager with a global portfolio. The joint venture’s objective is the acquisition of light industrial and logistics real estate in Germany within the framework of sale-and-leaseback transactions.

Warehouse & industrial

Poland FroGum takes 10,000 sqm from MLP

schedule 28 January 2025
Opr./edited by ANZ

The distributor of car accessories has joined the tenants of the MLP Pruszków II logistics centre. The company has leased 10,000 sqm of warehouse space with immediate access.

Investment & finance

Czech Republic Industrial partnership in Ostrava

schedule 27 January 2025
Opr./edited by JC

Panattoni, together with Accolade, has acquired a plot of land near the airport in Ostrava. The 38-hectare site will create 120,000 sqm of new industrial and warehouse space.

Warehouse & industrial

Poland Douglas moves into CTPark Warsaw South

schedule 27 January 2025
Opr./edited by JC

CTP has signed a 10-year lease for over 46,200 sqm of warehouse and office space at CTPark Warsaw South with Douglas, the European company operating in the omnichannel premium beauty segment.

Investment & finance

POLAND The man behind the year's biggest deal

schedule 24 January 2025
Nathan North
deputy editor

Eastnine entered the Polish market in 2022 with the purchase of Nowy Rynek D in Poznań. And building E was added to its portfolio early last year. But at the end of the year, the Swedish investor pulled off a major coup with the biggest office acquisition of 2024 when it added Warsaw Unit to its portfolio. So, we spoke to Kestutis Sasnauskas, the CEO of Eastnine, to find out more about this spectacular transaction and the company’s future plans

Office & mixed-use development

Germany CMS law firm stays with Patrizia

schedule 24 January 2025
Opr./edited by ANZ

Law firm CMS has renewed its lease for 10 years for 10,200 sqm of office space at MainTor Panorama building in Frankfurt.

Investment & finance

Poland Martley Capital completes the sale of two warehouse assets

schedule 24 January 2025
Opr./edited by ANZ

Martley Capital has completed the sale of two Polish warehouse assets from their Polish value add fund, known as POLAF. The assets are located in Długołęka and in Oleśnica, both in the Wroclaw Industrial Hub.

Retail & leisure

Poland New retail supply hits its highest in almost a decade

schedule 24 January 2025
Opr./edited by ANZ

Cushman &Wakefield has summarised the situation on the Polish retail market. Over half a mln sqm of new retail space came on stream last year, marking the highest new supply level in Poland since 2015. This robust development activity occurred amid rising demand from new retailers and improving consumer sentiment which boosted retail sales.

Investment & finance

Europe How W.P. Carey proposes to unlock capital

schedule 24 January 2025
Alex Hayes
journalist

We talk with W. P. Carey, the US-based sale and leaseback specialist and Christopher Mertlitz, the company’s Head of European Investments, explains the company’s strategy in Poland and why he believes ample opportunities for this kind of financing still exist.

Warehouse & industrial

Romania BTS for Rossmann is ready

schedule 24 January 2025
Opr./edited by ANZ

Panattoni has completed the construction of a new logistics centre for Rossmann in Üllő. The area of the facility is 28,000 sqm.

Residential

Poland Investors see the potential in students

schedule 24 January 2025
Opr./edited by ANZ

Only 11 pct of students in Poland can be accommodated in student houses, both public and private. PRS At a Glance: Institutional Rental Market Poland. Student Housing 2024, a report by BNP Paribas Real Estate Poland, indicates that investor interest in the PBSA segment will grow in the coming years.

Office & mixed-use development

Poland The Warsaw Court of Appeal chooses Wola Center

schedule 24 January 2025
Opr./edited by ANZ

The occupancy level of Wola Center has reached 90 per cent. The latest contract for the lease of 2,000 sqm was concluded by Hines with the Warsaw Court of Appeal. In addition to office space, the long-term contract includes parking spaces. 

Investment & finance

Hungary Transforming offices into hospitality

schedule 23 January 2025
Opr./edited by JC

Forestay Group, in strategic partnership with Recorde Asset Management, announced the acquisition of Váci Utca 81, a 10,200 sqm office building situated in Budapest.

Investment & finance

Romania The Chinese buy Rus Savitar factory

schedule 23 January 2025
Opr./edited by ANZ

Rus Savitar, a furniture and chipboard manufacturer in Romania, has sold its factory in Dudeștii Noi, Timiș County, to UE Furniture, a global producer of chairs, armchairs, and sofas.  The transaction encompasses a total area of 120,000 sqm of land and 60,000 sqm of buildings.

Eurobuild CEE

Poland Eurobuild CEE for January and February!

schedule 22 January 2025
Eurobuild CEE

The latest, optimistic issue of Eurobuild CEE is now available! Make sure you don't miss it! 

Investment & finance

Czech Republic Max has bought from Anatol

schedule 22 January 2025
Opr./edited by JC

The Myslbek office and retail complex on Prague’s centrally located Na Příkopě street has been purchased by Max Realitní Fund. The property was acquired from Anatol Invest Holding.

Latest in E-commerce

schedule 12 January 2023

This is the end

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 regions of the world.

schedule 22 September 2020

Wildberries now growing in Ukraine

Russia’s largest online retailer Wildberries has entered the Ukrainian market.

schedule 21 May 2020

Wildberries growing in April

POLAND Wildberries, the Russian online retailer that debuted on the Polish market in January, has revealed some of its initial Polish sales figures.

schedule 12 May 2020

Wildberries growing in Slovakia

SLOVAKIA Wildberries, Russia’s largest online retailer, has entered the Slovakian market. The company has also anounced that it is considering investing EUR 200 mln in the development of a distribution centre in the country.

schedule 18 March 2020

E-commerce set to accelerate with Coronavirus

POLAND Cushman & Wakefield is cautious about predicting how the coronavirus pandemic will change online shopping habits but notes that many Polish companies are expecting a massive increase in their online orders.

schedule 30 January 2020

How much CO2 does your fashion sense generate?

WORLD Online second had clothes store Thredup store has created a Fashion Footprint Calculator to calculate the carbon footprint of your purchasing habits.

schedule 04 October 2019

A thousand new DHL Parcel pick-up points

POLAND DHL Parcel will this year have opened 1,000 new locations for despatching and collecting courier parcels.

schedule 26 September 2019

Logistics firms feeling the heat from e-commerce

POLAND According to the recent ‘Supply Chain for E-commerce. How to Meet the Challenges’ report published by DHL Supply Chain, most logistics companies in the contract logistics sector have yet to implement a strategy for the online retail segment.

schedule 28 August 2019

E-commerce is still a big challenge

WORLD Majority of companies have failed to fully implement an e-commerce strategy despite recognizing its importance, according to DHL’s global survey of nearly 900 decision-makers responsible for logistics or supply chain management and e-commerce.

schedule 29 July 2019

Hebe hits the net

POLAND Drugstore chain Hebe has officially launched its online store. Orders across Poland are delivered by courier. In Warsaw, parcels can also be picked up free of charge also in a chosen Hebe store.

schedule 18 July 2019

Airbnb modifies its practices

EUROPE The European Commission has announced that, as a result of negotiations with Airbnb, the platform has improved and fully clarified the accommodation and pricing offered to consumers on its site so that its standards meet EU consumer law.

schedule 17 July 2019

Europe points its big guns at Amazon

EUROPE The European Commission has opened a formal antitrust investigation to assess whether Amazon's use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competition rules.

schedule 16 April 2019

Lidl goes online in Poland

POLAND Lidl is to launch an online store for Poland – lidl-sklep.pl.

schedule 23 January 2019

Chamber for e-commerce

POLAND The Polish Chamber of Digital Commerce (e-Izba) has set up the Retailers Group e-Chamber to support companies who operate in e-commerce and omnichannel sales or are planning to start a business in this sector.

schedule 05 November 2018

Polish online retailers looking to go global

POLAND Around 24 pct of Polish online retailers are currently considering foreign expansion claims the ‘The Challenges of E-commerce’ report prepared by the Kronenberg Foundation at Citi Handlowy.

schedule 26 September 2018

Shopping with a robot salesman

POLAND A Wrocław start-up has created a chatbot to sell and recommend goods to shoppers.

schedule 25 September 2018

Internet traders running up debt

POLAND According to BIG InfoMonitor data, the debts of e-commerce traders came to PLN 126 mln at the end of June this year, up 19 pct on the end of 2017.

schedule 14 September 2018

Zara reorganises online sales

WORLD The Zara store chain is to complete and send out online orders directly from its brick and mortar stores. The Spanish-based Inditex group, which owns the Zara brand, believes it can make online orders easier for shoppers by processing individual orders in their stores. Whenever a product is unavailable online, but can be found in stock at a local store, it can be ordered immediately with home delivery.

schedule 06 September 2018

True innovation from Marks & Spencer

WORLD Marks & Spencer has partnered with True, which operates in the new-tech segment, to focuses on innovation and digital transformation.

schedule 26 July 2018

Almost half of Poles yet to embrace e-commerce

POLAND According to this year’s ‘E-commerce in Poland. Gemius for e-Commerce Poland’ report by Gemius, 44 pct of Polish internet users have yet to make any purchases on the internet.

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Edition 1 (295) January 2025

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