Office & mixed-use development
Wipro IT Services Poland, part of Indian tech giant Wipro Limited, has leased 3,500 sqm in the Wave building in Gdańsk.
Material partner
Justyna Cymerman, the head of the urban planning department of land transaction consultancy Greenfields, and Michał Różycki, its land department head, tell us about the company’s greatest achievements, the state of the market, and what needs to happen next to tackle the housing shortage
Retail & leisure
The first Popeyes restaurant in Warsaw has opened in Złote Tarasy. The Louisiana-based fast food chain is the seventh new tenant of the shopping centre this year.
Warehouse & industrial
Mastermedia has expanded its space at GLP's warehouse park at Poznań Airport by an additional 11,800 sqm. The company is now the largest customer of GLP Poznań Airport Logistics Centre, where it will occupy a total of 28,800 sqm of space.
Residential
Atal has started the foundation work on 17-storey tower that will form part of its Olimpijska complex in Katowice city centre.
Warehouse & industrial
Automotive parts producer Shape Corp has leased 36,400 sqm in Panattoni Park Pilsen West II, where it will employ up to 700 people.
Warehouse & industrial
A consortium of Hyundai Engineering and Tecnicas Reunidas has leased 2,500 sqm of warehouse space in DL Invest Park Płock.
Warehouse & industrial
The ECE Group is making its debut on the Polish logistics market with the construction of a 78,000 sqm project near Kąty Wrocławskie in line with the requirements of BREEAM 'Excellent' certification.
Residential
Archicom and Echo Investment are to begin the construction of the Modern Mokotów residential development in Warsaw's Służewiec district. The existing office development will be replaced by a 'destination' type residential quarter.
Architecture and urban planning
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory Square) in Dejvice district (Prague 6).
Residential
Swedish residential specialist Heimstaden Bostad, through its subsidiaries Heimstaden Czech and Heimstaden Czech Pilsen, has received a sustainability-linked loan of EUR 700 mln from a consortium of banks for its Czech properties.
Architecture and urban planning
Alto Real Estate, the owner of the Sky Park complex in Bratislava, has launched an architectural competition for its further development on an adjacent plot.
Warehouse & industrial
Panattoni has developed a BTS facility for the Tenneco Group in Gliwice. The European Engineering Centre is to serve the company as a research and development centre for new technologies.
Green projects
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation programme across its European business park portfolio.
Green projects
Real estate investor and fund manager Cromwell Property Group has secured a EUR 66 mln green loan for the 61,000 sqm Janki shopping centre on the southern outskirts of Warsaw.
Residential
Vastint Poland is launching the development of its first private rental sector residential project – the Pastelowo estate, which is to be built on ul. Pastelowa in Poznań, close to the developer’s Business Garden office complex in the city’s Grunwald Północ district.
Investment & finance
Atsinaujinančios Energetikos Investicijos has announced a EUR 13.22 mln green bond issue with a 10 pct yield and which is to mature in December 2025. The company will invest the money to build solar power plants in Poland.
Office & mixed-use development
Forte Partners announces the completion of the U•Center 2 office building in Bucharest, which has a GLA of 35,000 sqm.
ESG
LaSalle Investment Management has announced that three of its office buildings in the CEE region – two in Prague and one in Warsaw – have achieved WiredScore 'Platinum' certification. The Czech buildings are the first office properties in the country to receive WiredScore at the highest level.
Investment & finance
Partners Group and Peakside Capital Advisors have successfully completed the purchase of a 5 ha plot in Warsaw’s Okęcie district for the development of a last-mile urban logistics project.
The first Popeyes restaurant in Warsaw has opened in Złote Tarasy. The Louisiana-based fast food chain is the seventh new tenant of the shopping centre this year.
Street Restaurant has opened in the Lixa office complex. The restaurant occupies approx. 470 sqm on the ground floor of the Lixa C building, facing the pedestrian walkway between ul. Kasprzaka and Giełdowa.
The owners of Answear.com and the Capital Park Group have signed a contract to lease space in the Norblin Factory complex in Warsaw. In the developer's flagship investment, the first stationary store of the digital platform will be established.
Czech-Dutch investor Fidurock has acquired Retail Park Trutnov in the Hradec Králové region from Czech Fund, which is managed by Brno-based Investiční skupina DRFG.
According to Cushman & Wakefield, 13 new brands have arrived on the Czech retail market in the first six months of this year. Most of them are in the fashion segment and culinary concepts.
CC Real, the international investment and asset management company, has commenced its extensive EUR 20 mln refurbishment of City Center one Split, due for completion by the end of Q2 2024.
The rapid rise in prices (inflation increased by 15.1 pct y-o-y) and energy expenses have been met by a further decline in already weakened customer confidence. How did this affect shopping centres in the Czech Republic?
French grocery operator Carrefour has signed an agreement with Belgian retail group Louis Delhaize for the acquisition of its activities in Romania, which includes ten Cora hypermarkets and eight Cora Urban stores, as well as an e-commerce platform, logistics and central services.
G City Europe has completed the acquisition of the remaining 25 pct stake it did not previously own in the Arkády Pankrác shopping centre in Prague 4 (Nusle) for EUR 60.5 mln.
Colosseum Mall in Bucharest has announced the signing of a lease agreement with Hype by Kiddo for the opening of large entertainment centre. The centre will have an area of approx. 2,500 sqm, and the tenant's investment will amount to EUR 1.5 mln.
UK-based M Core, through its subsidiary LCP Properties, is to develop Świdnik M Park in an investment of EUR 10 mln. The 7,700 sqm retail park is the group’s largest development so far in Poland and the first under the M Park brand.
Mitiska REIM has announced the opening of a new retail park development in the city of Giurgiu, located in southern Romania.
Trei Real Estate has just opened another two retail parks of its Vendo Park brand in Poland. The properties are located in Zambrów and in Kraków. The two retail parks have a combined lettable area of around 11,000 sqm, and the investment volume adds up to circa EUR 16.4 mln.
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.
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.
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.
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.
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.
Focus Estate Fund has acquired the 13,200 sqm Ferio Legnica shopping centre in southwest Poland from Raiffeisen Bank International for an undisclosed sum.
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.
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory ...
Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement pr ...
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 ...
LaSalle Investment Management has announced that three of its office buildings in the CEE region – two in Prague and one in Warsaw – have achieved Wir ...
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 ...
Welcome to the September issue of Eurobuild! For the first time, our magazine is also being published as a flipbook.
Welcome to Eurobuild FM – the hottest podcast around! Kazimierz Kirejczyk, the senior housing strategy advisor at JLL in Warsaw, recalls the beginning ...
The 12th JLL Charity Beach Volleyball Tournament took place on August 3rd, and this year a record number of people attended the event. The winning tea ...
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 ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
Hampton by Hilton Budapest City Centre, the country's first hotel under the Hampton by Hilton brand, has opened in Budapest.
Savills has appointed Stuart Jordan, the current managing director of the consultancy in the Czech Republic and Slovakia, as CEO of the entire CEE reg ...
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 ...
Atsinaujinančios Energetikos Investicijos has announced a EUR 13.22 mln green bond issue with a 10 pct yield and which is to mature in December 2025. ...
Wrocław-based Satoia has acquired a 10 ha plot in Wolbórz from CPD for an undisclosed sum. The land has the potential for the development of an app. 4 ...
Justyna Cymerman, the head of the urban planning department of land transaction consultancy Greenfields, and Michał Różycki, its land department head, ...
Wipro IT Services Poland, part of Indian tech giant Wipro Limited, has leased 3,500 sqm in the Wave building in Gdańsk.
Savills is to manage Okam's F.S.O Park development in Warsaw's Żerań district, covering the operation of the existing warehouse and office space.
Construction work has begun on what is to be one of the largest sports, cultural and social venues in the Czech Republic – in the central city of Jihl ...
Atal has started the foundation work on 17-storey tower that will form part of its Olimpijska complex in Katowice city centre.
The first Popeyes restaurant in Warsaw has opened in Złote Tarasy. The Louisiana-based fast food chain is the seventh new tenant of the shopping centr ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
Mastermedia has expanded its space at GLP's warehouse park at Poznań Airport by an additional 11,800 sqm. The company is now the largest customer of G ...
Flex office stock grows not only in large cities
Flex office stock grows not only in large cities
Newmark Polska
Flexible workspaces are going like hotcakes. Companies are enquiring about them in all large cities, but not only there. Serviced offices are also in demand in smaller towns, says ...
Real estate market in the transition phase
Real estate market in the transition phase
Axi Immo
The MIPIM international real estate fair in Cannes, held on March 14-17, 2023 was an opportunity to get acquainted with the latest trends and challenges facing the commercial marke ...
Polish Real Estate Investment
Polish Real Estate Investment
Cromwell Property Group
While the rest of the world watches Ukraine deal with the ongoing effects of its invasion by Russia in February 2022, the real estate industry should be paying particular attention ...