One United Properties has sold the One North Gate office building for a transaction value of EUR 6 mln. The building, currently leased at 80 pct, was acquired by Element Investiții Imobiliare, a local investment group.
Logport has officially started the revitalisation of the famous former Poldi Kladno ironworks, one of the largest brownfields in the country.
Garbe Industrial Real Estate has acquired a conversion site of around 48,000 sqm in Gera, a town located in the east of Thuringia. The plan is to build a logistics and commercial property with a total area of 28,000 sqm there.
Panattoni has already completed nearly 230,000 sqm of space for H&M Group. This year, the company will deliver another 82,000 sqm of sustainable warehouse space in the Poznan region.
Peakside Capital Advisors has begun construction of the largest logistics park in Warsaw. City Point Targówek will comprise 100,000 sqm of sustainable warehouse space about 8 km from the city centre.
The Czech industrial real estate market passed the 11 mln sqm mark, and grew by 10 pct year-on-year. The total volume of newly completed industrial space amounted to 217,900 sqm in Q1 of this year. Increased construction activity, which has been evident on the market since the end of 2021, is now bearing fruit, according to Colliers’ regular quarterly survey.
A Geman distributor and provider of services and solutions for the renewable energy sector has leased more than 25,400 sqm at CTPark Gdańsk Port.
Advisory firm Alto has leased 1,280 sqm of space in Gdański Business Center in Warsaw. The property, part of the Savills Investment Management portfolio, comprises 101,000 sqm of leasable space.
Garbe Industrial Real Estate creates further settlement potential in the Berlin/Brandenburg metropolitan region. In Oberkrämer, the Hamburg-based project developer has started to build a logistics property with a total area of around 21,000 sqm.
Local e-commerce specialist eMAG is to move its headquarters to Globalworth Square in Bucharest in the largest lease contract signed this year in the Romanian office market.
Integrated logistics company Maersk and IB Cargo has expanded its premises by over 30 pct to app. 100,000 sqm in CTPark Bucharest West.
HB Reavis has signed a lease agreement with PageGroup, which includes the Michael Page and Page Executive brands. The company's Polish office will occupy nearly 1,400 sqm of space on the 10th floor of Varso Tower.
Panattoni has been granted a EUR 64 mln loan by Bank Gospodarstwa Krajowego for next projects. The financing is to be used to develop a strategic complex for Poczta Polska in Radzymin as well as two buildings within Panattoni Park Grudziądz.
Lux Med Group has leased over 3,300 sqm in the Trinity One, class A office complex, part of Revetas Capital’s portfolio of assets in Poland.
CTPark Warsaw North in Czosnów near Warsaw has been granted occupancy permission. The first to move in will be a company from the HVAC sector, occupying around 3,000 sqm.
Maersk has decided to open its new regional headquarters at Prologis Park Wrocław III. The company has leased 6,200 sqm in the recently opened DC4 building, of which app. 400 sqm will be offices.
May 19th in the United States is National Bike to Work Day. According to JLL, our part of the world is no exception to the trend for office employees, as well as their employers, to increasing expect amenities for cyclists in the buildings they work in.
In the latest episode of Eurobuild FM, Roman Skowroński, the managing director of Peakside Capital Advisors in Poland, reveals all the details about its development of the largest warehouse project so far in Warsaw, now under construction in Targówek district.
A network of serviced offices has been inaugurated under the brand The Shire. The operator will provide flexible office space, as well as support for landlords considering their own flex space. The first locations are expected to be announced in Q3 of this year, with Devonshire Investment Group behind the project.
Logicor has completed a 5,000 sqm extension for existing customer Mauser Poland in Gliwice. The newly extended logistics and business area now totals 9,000 sqm and includes 4,100 sqm of new warehouse space and 134 sqm of office space.
AFI Europe has completed the refurbishment of the historic Wolf Krongold townhouse on ul. Złota in central Warsaw, having adapted it for long-term apartment rentals and modern commercial space.
Echo Investment's residential business will be integrated into Archicom. The change will clarify the structure of the group, where Archicom will be the residential part and Echo Investment will focus on growing the commercial and PRS segments, as well as on creating mixed-use ‘destination’ projects.
Construction commences for the third stage of Soho by Yareal development in Warsaw’s Kamionek district, which will include two residential buildings containing 14 apartments and 132 higher-standard flats. Also, work on a 300-metre-long, fully landscaped park which runs through the complex will be completed later this year.
Urbanisation, the supply gap of dwellings and the growing middle class are the main drivers for the living market in CEE reveals a report by Colliers: ‘The living sector in CEE-6. Let's discover the potential of the market segment’.
Cavatina is planning of a new mixed-use development in the centre of Katowice. Further details of the project have yet to be revealed, but, as ‘Eurobuild’ has managed to establish, the app. 20,000 sqm gla complex will contain around 200 flats.
Real Management has announced funding for construction of the first stage of the Neo Natolin housing estate. The company has received funding of PLN 125 mln for the residential project which is being developed in Warsaw’s Wilanów district, at ul. Stefana Korbońskiego.
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.
Apricot Capital Group (ACG) has announced the signing of a general contractor agreement with Budimex for the construction of a new PRS development at ul. Taśmowa 5, in the Warsaw’s Mokotów district. The total investment exceeds PLN 270 mln and ACG’s investor has provided the full sum in equity.
Institutional rental comes from Western Europe and is firmly established, among others, in Germany, Switzerland and the Netherlands. For several years, interest in the PRS market from both investors and tenants, has been steadily growing in Poland.
Belgian developer GH Development has acquired the more than 1 ha plot of the Multikino cinema and entertainment complex in Warsaw’s Ursynów district for an undisclosed sum. It is now planning to develop a 300-apartment residential project on the site.
Interdraw has obtained the building permit for Sungate Apartments, a residential project with 248 apartments in Bucharest. The market value of the investment is over EUR 30 mln.
One United Properties, the investor and developer of residential, mixed-use, and office real estate in Romania, has obtained the building permit for One Lake District, a large-scale sustainable residential development with 2,076 apartments, located on the shores of Lake Plumbuita.
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.
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.
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.
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.
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.
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.
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.
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.
Has the cycling season started yet? If so, just like I did, have you made a false start to it? Spring this year seems strangely to be in no hurry to make an appearance, because May ...
Small talkAntonio Pomes, the head of asset management, Golden Star Estate, tells about the company's ten-year-old golden hen, Konstruktorska Business Centre in Warsaw, and why it's still att ...
Small talkMagdalena Kowalewska has recently switched from the COO of CPI Poland to the same position at LCP Properties Poland. She tells us how it feels to take the helm as retail parks go f ...
The City of Helsinki, Finland, has launched a tender competition to sell the Old Customs House in Katajanokka harbour area for redevelopment. The goal ...
Skanska has been commissioned to construct a new building for Polish video game developer CD Projekt on its main campus in Warsaw’s Praga Północ distr ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni has extended its sponsorship agreement with Poland’s premier golfer, Adrian Meronk. In the first year of Panattoni’s sponsorship, Meronk ach ...
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 ...
The Marynarska Business Park office complex in Warsaw’s Służewiec district, which is being modernised by Syrena Real Estate and PineBridge Benson Elli ...
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 ...
In the latest episode of Eurobuild FM, Roman Skowroński, the managing director of Peakside Capital Advisors in Poland, reveals all the details about i ...
May 19th in the United States is National Bike to Work Day. According to JLL, our part of the world is no exception to the trend for office employees, ...
We invite you to listen to the latest episode of the 'Eye to Eye' podcast! Today, Eurobuild's guest is Daniel Bienias, the head of CBRE for Poland and ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
German asset manager KGAL Investment Management is to establish a joint venture to build four solar and wind parks with specialist Polish developer La ...
Marriott International has signed an agreement with Forestay Group to debut the Moxy Hotels brand in Budapest, Hungary. Construction of Moxy Budapest ...
BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.
Electrum is building a 200 MW solar farm for EDP Renewables. The project will be built on 245 hectares in the Przykona municipality in the Greater Pol ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
Panattoni has been granted a EUR 64 mln loan by Bank Gospodarstwa Krajowego for next projects. The financing is to be used to develop a strategic comp ...
Logicor has acquired an app. 10 ha brownfield site near Turnov, in the municipality of Příšovice, about 90 km northeast of Prague.
Warsaw is one of the most affordable capitals in the European Union to live in. In order to maintain its competitiveness, it is crucial to expand the ...
One United Properties has sold the One North Gate office building for a transaction value of EUR 6 mln. The building, currently leased at 80 pct, was ...
According to Savills latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as ut ...
Construction work has begun on Sinfonia Varsovia's new home in Warsaw’s Praga Południe district. The city council has commissioned Doraco to carry out ...
AFI Europe has completed the refurbishment of the historic Wolf Krongold townhouse on ul. Złota in central Warsaw, having adapted it for long-term apa ...
French grocery operator Carrefour has signed an agreement with Belgian retail group Louis Delhaize for the acquisition of its activities in Romania, w ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
Logport has officially started the revitalisation of the famous former Poldi Kladno ironworks, one of the largest brownfields in the country.