StudentSpace, a student housing platform, launched earlier this year by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, announced the start of the construction of its first investments.
The Big Gorzów retail park opened a month ahead of schedule. The park was built on an 8 ha site in the north-eastern part of Gorzów Wielkopolski. It will serve 160,000 buyers from the city and the region. On the day of the opening, around 10,000 visitors had visited by 2 pm.
According to data from Cushman & Wakefield, the Bucharest hotel market is experiencing the highest supply growth among the CEE capitals between 2024 and 2026. The demand in the first half of the year compared to the same period of 2023 experienced an increase of 3 pct, however, it remained below the 2019 level.
Eika Real Estate Fund has acquired the BIG office in Poland, in the central part of Kraków, which is let to State Street Bank. The fund plans to further expand its investments in logistics, offices and retail parks in Poland.
According to the latest report from Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in Q2 2024, reporting the highest leasing volume in Europe. In addition, Poland’s total industrial stock is poised to soon surpass the 35 mln sqm mark.
CTP has handed over a newly completed 18,000 sqm industrial and logistics building in CTPark Žatec to Fiege, a provider of logistics and transport services in Europe.
Logistics platform Trademarc has sold a warehouse in Teresin, near Warsaw. The area of the BTS facility is almost 37,600 sqm.
Cushman & Wakefield estimates that the commercial real estate investment volume in Poland for H1 2024 was EUR 1.76 bln, representing an almost 80 pct increase compared to the same period in 2023. The investment market is experiencing a revival in the activity of investment funds, including Polish investors, with this year’s total investment volume likely to hit EUR 4 bln.
At the end of Q2 2024, more than 40 pct of offices in the oldest office buildings in Poland’s regional cities remained vacant, with their office markets experiencing stable vacancy rates and subdued development activity, reveals BNP Paribas Real Estate Poland in its latest report “At a Glance – Regional City Office Markets Q2 2024”.
Seargin, an international technology and consulting company, has extended its contract and leased over 1,900 sqm of space in the Garnizon Hiro office building in Gdańsk. The company has doubled the space it previously occupied.
Develia has signed a preliminary agreement for the sale of the property in Wrocław with a subsidiary of Afi Europe. The sale price was set at PLN 50.5 mln. The transaction is expected to be finalised by the end of 2024.
More companies have decided to extend their leases in the Diuna office complex. Colgate and Lux Med, which has additionally expanded its operations with a mental health clinic, remain in Warsaw's Służewiec district.
Afi Europe has acquired the myhive Victoriei building on Calea Victoriei, Bucharest, from Austrian commercial real estate group Immofinanz. The transaction was valued at around EUR 27 mln and is part of Immofinanz's strategy to optimise its portfolio.
Bellemonde has secured a EUR 21 mln financing agreement from Libra Internet Bank to develop a new residential project in northern Bucharest. The project will feature 164 housing units.
VGP and Deka Immobilien announced the signing of the third and final closing of their 50:50 joint venture, RED. This transaction includes a logistics building located in VGP Park Magdeburg, fully leased to Rhenus.
One United Properties has started work in Bucharest on the One Technology District – a built-to-suit semiconductor R&D centre for German company Infineon Technologies.
Swiss scientific journal publisher MDPI has leased 1,725 sqm of office space in building A of the Podium Park building in Kraków, which is owned and managed by Globalworth Poland.
Cushman & Wakefield has summarized the H1 of 2024 on the Polish office market. The demand shows signs of stabilization amid muted development activity which is likely to continue until the end of 2026.
The investment and asset manager KGAL has acquired the Platinum office building in Wiesbaden, developed by Frankfurt-based project developer OFB, with around 5,300 sqm of rental space for one of its institutional real estate funds.
PKO Bank Polski has renewed its lease of 6,000 sqm of office space in the Waterfront mixed-use complex in Gdynia, which is being developed by Vastint Poland.
According to the latest report from Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in Q2 2024, reporting the highest leasing volume in Europe. In addition, Poland’s total industrial stock is poised to soon surpass the 35 mln sqm mark.
CTP has handed over a newly completed 18,000 sqm industrial and logistics building in CTPark Žatec to Fiege, a provider of logistics and transport services in Europe.
Occupancy permits have been granted for two of the three buildings under construction in the Good Point V warehouse and production park in Łubna, 23 km southeast of central Warsaw.
Trilux is preparing to open its new factory in Świdnik. The 23,000 sqm facility is being built by Panattoni for the lighting manufacturer. The investment will enable the Trilux Group not only to increase production, assembly capacity and improve logistics in this part of Europe, but also to develop new products and carry out administrative and IT activities.
Harden Construction has completed the construction of City Logistics Poznań III. The building in Poland has already been handed over to Raben Logistics Polska for use. The warehouse is located in Poznań, at ul. Obodrzycka, near the A2 motorway.
A BTS project has been completed for insulation and acoustic materials producer K-Flex in Uniejów, about 55 km northwest of Łódź. The new building increases the existing plant on the site by 20,000 sqm to 120,000 sqm.
DL Invest Group is developing a 12,000 sqm warehouse and production project within the Special Economic Zone near Bielsko-Biała.
Panattoni has secured a EUR 10.5 mln loan from Alior Bank for the construction of Panattoni Park Bieruń I in Upper Silesia.
Companies leased 410,500 sqm of industrial & logistics spaces in the first half of the year, a total which reflects a 25 pct drop when compared with the previous year. However, according to data from the Cushman & Wakefield Echinox, the new demand had a share of 52 pct in the overall leasing volume in the same period (213,500 sqm), more than double vs. the new supply.
CTP has started construction of a new 11,200 sqm manufacturing facility at its CTPark Zabrze complex. The ZABR02 building will be built speculatively for manufacturing use with lease modules of a minimum size starting from 1,500 sqm.
Garbe Industrial Real Estate is expanding its cooperation with the mining and fertiliser company K+S. In Wildeck in northern Hesse, the Hamburg-based project developer has leased another logistics hall with a total area of around 7,200 sqm.
The joint venture between Partners Group and Peakside Capital Advisors has secured rental agreements for more than 16,000 sqm of space at City Point Targówek. Companies across various industries have pre-leased more than 70 pct of the space in the C2 building, the first multi-let building of the phased re-development, with scheduled completion by the end of the year.
VGP has started the construction works to expand building B at VGP Park Brașov. This phase will add an additional 13,800 sqm to the existing 20,900 sqm already leased, thus addressing the growing demand for modern logistics spaces in the region.
Cogito EU, a supplier of parts for construction machinery, has leased 4,500 sqm of space at the MLP Gliwice logistics centre. The company will move into the new facility in November.
Panattoni is constructing a BTO manufacturing centre for Compal. Electronic components for the automotive industry are to be produced in a factory that is currently under construction in Czeladź.
CTP has leased almost 17,500 sqm of industrial and logistics space in Slovakia to Jiangsu Xinquan Automotive Trim, a Chinese company producing interior parts for the automotive sector.
Industrial Research Forum has announced industrial market figures for Q2 2024. The total amount of projects currently under construction increased to 969,800 sqm at the end of Q2 2024, out of which around 32 pct was already pre-leased. With over 117,000 sqm completed, the modern industrial stock in the Czech Republic reached the milestone of 12 mln sqm.
Panattoni has begun the final construction stage of its City Logistics Kraków I warehouse park in the city’s Nowa Huta district. A total of 11,300 sqm is to be built with the park, which will expand to its final target size to 36,500 sqm.
LPP, a fashion retailer, is moving into a new e-commerce facility at CTPark Bucharest West. Together with CTP, the fashion brand is extending its current building to support the delivery of the new facility. This will take LPP’s total footprint at the park to around 90,000 sqm with the new facility comprising around 40,000 sqm.
Garbe Industrial Real Estate and Logicenters have started work on one of the largest logistics properties made out of pure timber in the port town of Hafen Straubing-Sand in Bavaria. The project aims to set new standards in sustainable construction.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real e ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
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 ...
A unique place is being created on ul. Dąbrowskiego in Warsaw. Przystań (The Haven), the headquarters of the Portus Vitae Foundation, has not yet welc ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
Since August 1st, some important changes have taken place in Eurobuild's editorial team. Nathan North and Anna Korólczyk Lewandowska have expanded the ...
Welcome to the really hot episode of Eurobuild FM! Our editorial team visited the construction site of The Form, a unique office building, which is be ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
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 ...
According to data from Cushman & Wakefield, the Bucharest hotel market is experiencing the highest supply growth among the CEE capitals between 2024 a ...
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held th ...
The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
Eika Real Estate Fund has acquired the BIG office in Poland, in the central part of Kraków, which is let to State Street Bank. The fund plans to furth ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Last week, Nordbygg, Northern Europe’s biggest trade fair for professionals in construction and real estate industry, took place at Stockholmsmässan i ...
At the end of Q2 2024, more than 40 pct of offices in the oldest office buildings in Poland’s regional cities remained vacant, with their office marke ...
Karimpol Polska is expanding its cooperation with CBRE. Starting in June 2024, the consultancy will be acting as the exclusive letting agent of Skylin ...
A consortium of Balzola Polska, Lantania and EBS Bud has signed a contract for the construction of a building for the District Court for Łódź - Bałuty ...
StudentSpace, a student housing platform, launched earlier this year by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, announ ...
The Big Gorzów retail park opened a month ahead of schedule. The park was built on an 8 ha site in the north-eastern part of Gorzów Wielkopolski. It w ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
According to the latest report from Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in Q2 2024, reporting t ...
Will cheaper money in the eurozone stimulate the transaction market?
Will cheaper money in the eurozone stimulate the transaction market?
Walter Herz
Polish real estate market is witnessing the first major investment transactions. The second half of the year will show whether a potential further interest rate cut in the eurozone ...
Is the Polish commercial property market still attractive for German investors?
Is the Polish commercial property market still attractive for German investors?
Szymon Mojzesowicz, CEO Lege Advisors
Despite the difficult situation on the European market due to many unexpected events, Germany is still one of the largest foreign investors in Poland. In recent decades, German com ...
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
Walter Herz
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...