PL

Germany A modern residential district in Munich

Residential
Empira Group has acquired the Langes Land, a residential project in Munich, Germany. The project will create residential space in the highly sought-after Bavarian state capital to meet the continuous high demand.

The Langes Land urban district was developed by CA Immo in cooperation with the city of Munich as a new, contemporary home for more than 2,000 residents in the north of the city. The complex will be created in the Munich-Feldmoching neighborhood along Ratold - and Raheinstraße with tram and underground train stations in the immediate vicinity and will feature an excellent retail and convenience store network. The plans provide for 925 residential units with a total floor area of 90,500 sqm on a site area of 66,280 sqm. In addition to the apartments, the complex is planned to accommodate three daycare facilities and six commercial units. Moreover, expansive public green areas are planned to be built in addition to comprehensive public access routes.

Latest news

Investment & finance

Poland Interpierre buys Bolero

schedule 08 February 2023
Opr./edited by ANZ

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

Poland .Ktw II is excellent

schedule 08 February 2023
Opr./edited by ANZ

.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

Polska Livos debuts, Catella is moving out

schedule 08 February 2023
Opr./edited by JC

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 The seller, Catella Residential Investment Management, has thus withdrawn from the Polish market.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

Poland Half a billion loan for Varso Place

schedule 07 February 2023
Opr./edited by ANZ

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

Poland Sitting down with… Arkadiusz Rudzki

schedule 07 February 2023
Eurobuild CEE

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

Poland MLP increases occupancy rates

schedule 07 February 2023
Opr./edited by ANZ

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

CZECH REPUBLIC Emons chooses Sázava Logistics Park for 2nd hub

schedule 07 February 2023
Opr./edited by NN

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

POLAND Kucera to open hub in Panattoni Pruszków V

schedule 07 February 2023
Opr./edited by NN

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

Poland Green light for Gdynia City Logistics

schedule 06 February 2023
Opr./edited by ANZ

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

Poland Kajima Poland to redevelop City Point Targówek

schedule 06 February 2023
Opr./edited by ANZ

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

Poland Patron Capital and 7R sell in Goleniów

schedule 06 February 2023
Opr./edited by ANZ

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

Europe Growth and investment in innovation

schedule 06 February 2023
Opr./edited by ANZ

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

Poland Regesta expands in Tricity

schedule 06 February 2023
Opr./edited by JC

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

Czech Republic Atrium Flora managed by Cushman & Wakefield 

schedule 03 February 2023
Opr./edited by ANZ

Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.

Eurobuild FM

Poland Piotr Trzciński on the Polish investment market (Eurobuild FM)

schedule 02 February 2023
Eurobuild CEE

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

Poland Work begins on Panattoni Łódź South II

schedule 02 February 2023
Opr./edited by ANZ

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

Poland 7R Bydgoszcz ready for the next stage

schedule 02 February 2023
Opr./edited by ANZ

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

WORLD Savills IM transacted EUR 3.6 bln in 2022

schedule 02 February 2023
Opr./edited by ANZ

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

POLAND OmniOffice to open in Warsaw Unit

schedule 01 February 2023
Opr./edited by NN

Polish serviced office operator OmniOffice has leased 3,090 sqm in Warsaw Unit from Ghelamco.

Investment & finance

POLAND Trigea buys second Panattoni park

schedule 01 February 2023
Nathan North
deputy editor

Czech real estate investor Trigea nemovitostní fond has acquired City Logistics Wrocław II from Panattoni for an undisclosed sum.

Latest in Residential

schedule 18 January 2023

A modern residential district in Munich

Empira Group has acquired the Langes Land, a residential project in Munich, Germany. The project will create residential space in the highly sought-after Bavarian state capital to meet the continuous high demand.

schedule 23 December 2022

Prime Łódź 1 awaits green light

Łódź city council has received an application from Warsaw-based company Prime Łódź 1 for the development of a complex of three apartment towers opposite the Galeria Łódzka shopping centre. The project could see the construction of 900 residential units.

schedule 20 December 2022

Wing and Griffin take 60% of Bauwert

Hungarian real estate group Wing together with Warsaw-based private equity manager Griffin Capital Partners have entered into an agreement with Bauwert to buy a 60 pct stake in the Berlin-based developer.

schedule 19 December 2022

LivUp buys in Kraków

LivUp, one of the first investor and operator on the Polish PRS market, has finalized the purchase of a property in Kraków from Galinvest. The new LivUp project will include about 80 residential apartments for long-term rental.

schedule 13 December 2022

PRS is doing well

We have visited the latest investment of the Resi4Rent platform - an investor and an operator of flats for rent. The project on ul. Woronicza in Warsaw was commissioned less than two months ago and is already 100 pct leased.

schedule 01 December 2022

Bratislava’s highest Christmas tree

Slovak developer J&T Real Estate (JTRE) has topped out its Eurovea Tower skyscraper project, which forms part of its large-scale Eurovea 2 city-forming development in Bratislava. At 168m it is the tallest building in Slovakia.

schedule 01 December 2022

Residential market overheated in Prague

Colliers has summed up this year’s activity in the Czech residential real estate market. According to their analysis, Czechs are oriented largely towards an ownership model. The main driver for price increases is a significant excess of demand over supply.

schedule 14 November 2022

YIT buys plots in 3 cities

Finnish developer YIT has acquired two plots in Kraków for residential projects, as well as land in Warsaw and Gdańsk – two markets where it is already present.

schedule 14 November 2022

Fort Polska to transform Szczecin station

Fort Polska has been chosen to design PFR Nieruchomości’s first residential estate in Szczecin, which will contain 800 apartments.

schedule 14 November 2022

Ronson prepares for the market rebound

Ronson Development published its Q1-3 2022 financial report. Company’s total revenue amounted to PLN 199.4 mln, vs. PLN 349.4 mln in Q1-3 2021. The revenue decreased by PLN 150 mln, which is primarily explained by lower number of units delivered.

schedule 10 November 2022

Cordia’s new housing projects in Budapest

Cordia, Hungary's leading residential property developer, is adding more than 500 homes to its supply in three developments. This autumn, the company puts up more than 500 apartments for sale in the Hungarian capital’s most popular green belt and city centre locations. The new buildings’ energy ratings will be AA, meaning that their energy consumption is extremely low.

schedule 17 October 2022

Revetas to turn Polish offices into PRS

Revetas Capital is to convert its office landbank portfolio of around 90,000 sqm gla of potential space in three Polish cities into residential projects, as it enters the private rental sector.

schedule 13 October 2022

Kajima and Griffin finish biggest dorm project

Kajima Student Housing and Griffin Capital Partners have completed the development of a 795-bed Student Depot dormitory in Kraków – the largest residential project in Poland since the partnership was formed in 2019.

schedule 19 September 2022

Unique Tower handover for Heimstaden

Marvipol has finalised the sale of its 138-apartment Unique Tower development in central Warsaw to Swedish residential rental investor Heimstaden.

schedule 12 September 2022

First Slovak skyscraper arrives

The construction of the Eurovea Tower residential building in Bratislava will reach the 44th floor this week and, at a height of more than 150m, will become Slovakia’s first skyscraper.

schedule 11 July 2022

Trei gets moving with first Polish PRS project

Trei Real Estate Poland has started work on its first PRS investment in Poland. The estate is situated on ul. Piątkowska in Poznań’s Winiary district.

schedule 11 July 2022

Cordia gets Modena underway

The cornerstone has been laid for the revitalisation of the former Modena clothing factory in Poznań’s Jeżyce district, just west of the Old Town. A green housing estate is to be built on the site in the style of the traditional tenement houses in the neighbourhood.

schedule 02 June 2022

Dom Development launches Wrocław estate

Dom Development has opened the sales process for its Osobowicka 114 estate in Wrocław.

schedule 31 May 2022

Bouygues begins first project in Gdynia

Bouygues Immobilier has appointed Mota-Engil as the general contractor for its Żeromskiego 7 residential building in Gdynia.

schedule 30 May 2022

Acciona starts second stage of Blanco

Acciona has launched the sales process of the second stage of the Blanco residential estate in Pruszków, its first project outside of Warsaw.

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