PL

Poland Street in the passage

Retail & leisure
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.

Street Restaurant is another venue in the retail concept Lixa City Gardens. Four restaurants currently operate under the Street brand in office buildings and shopping malls in Warsaw.

The décor of the Street Restaurant in the Lixa C building features, among other things, graphics of distinctive car elements, lamps alluding to engine pistons and materials used to finish racing cars. The restaurant space includes, among other things, a VIP area that can accommodate around 60 people and is a venue for various meetings and special events. There is also an outdoor garden next to the restaurant.

The selection of a restaurant in an office complex is always a major challenge for the investor. The complementary tailoring of the catering offer to the needs and expectations of employees and visitors to the building significantly increases its attractiveness. The new generation of employees in particular expects office buildings not only to offer comfortable conditions for performing their duties, but also to provide attractive opportunities for leisure activities and important daily needs.
Marta Zawadzka, Leasing Director Yareal Polska

The lease agreement for the restaurant space was signed for a period of 10 years and the JLL team, represented by Anna Wdowiak, participated in its negotiations.

Thanks to the unique layout of the premises, we were able to arrange the space to accommodate multi-person bookings, during which up to 50 people can sit together, at one table.
Magdalena Lewicka, Managing Partner of the Restauracje Street chain

The 20,000 sqm Lixa C office building is the third of the buildings commissioned as part of Yareal's largest office project ever - the Lixa campus in Wola, designed by HRA Architekci studio. Lixa C has received a BREEAM certificate at the Excellent level, as well as a WELL Health-Safety rating.

The final phase of the complex is currently under construction - the Lixa D and E office buildings, which will offer a total of more than 28,000 sqm of leasable space and will be ready to welcome tenants in Q2 and Q1 2024 respectively. A public 150-metre pedestrian walkway will also be completed during this phase of the development. Once the final two office buildings are completed, Lixa will form a complex of five buildings with a total area of 77,000 sqm.

Latest news

Warehouse & industrial

Poland Fully commercialised in Goleniów

schedule 15 July 2024
Opr./edited by JC

Panattoni has signed a lease contract for over 16,000 sqm in Panattoni Park Goleniów I with logistics operator Fiege. With this deal the entire 60,000 sqm park has been fully commercialised.

Material partner

Croatia Exclusive Auction: Unique Investment Opportunity in Istria

schedule 12 June 2024
Eurobuild CEE

Colliers, in partnership with Illyrian Land Funds, is announcing an exclusive auction for a prime development land site in Istria, Croatia. This property, covering 1,603,903 sqm, is ideal for a mixed-use resort development near Vodnjan, a charming town in Istria, Croatia's top tourist region. The site is just a 15-minute drive from the seafront

Residential

Poland Not only for students

schedule 15 July 2024
Opr./edited by JC

The Collegia Group is launching another investment in the Tricity. A complex that will combine the functions of a student house, hotel and service space will be built at Grunwaldzka Avenue in Gdańsk.

Warehouse & industrial

Romania Continental Tires got 20,000 sqm

schedule 15 July 2024
Opr./edited by JC

VGP has completed the eighth building of VGP Park Timisoara with the handover of the warehouse to Continental Tires Timisoara. The company will use about 20,000 sqm for its tyre storage operations.

Investment & finance

Romania Revetas has sold The Landmark

schedule 15 July 2024
Opr./edited by JC

Revetas Capital announces the disposal of the office park The Landmark in Bucharest to Vectr Holdings, through its subsidiary Vectr Realty. Developed in 2017, the complex offers 23,700 sqm of office space.

Office & mixed-use development

Romania TMF relocates to America House

schedule 15 July 2024
Opr./edited by JC

TMF Group has signed a lease agreement for 1,700 sqm of office space at America House, the office building in Bucharest's CBD.

Investment & finance

Poland Vis à Vis changes hands

schedule 15 July 2024
Opr./edited by JC

Precordia Capital and Septyma have become holders of 66 pct of shares in the convenience retail park Street Mall Vis à Vis Wilanów. They acquired the shares from Capital Park.

ESG

Poland Craft is truly Outstanding

schedule 12 July 2024
Opr./edited by JC

The Craft office building, developed by Ghelamco in Katowice, has obtained BREEAM certification with the rating of Outstanding.

Warehouse & industrial

Poland TPL Logistic grows in Błonie

schedule 11 July 2024
Opr./edited by JC

TPL Logistic has expanded its presence at P3 Błonie park by leasing nearly 3,700 sqm warehouse and office space. This addition increases their total occupied space in the park to 5,000 sqm across two warehouses.

Investment & finance

Poland LifeSpot wants to expand

schedule 11 July 2024
Opr./edited by JC

LifeSpot, owned by funds managed by Ares Management and Griffin Capital Partners, has secured access to further capital from both parties. The investment will be used to support the development of rental housing and expand the platform’s presence within Poland’s private rental sector.

Retail & leisure

Romania Food market to open at One Gallery

schedule 10 July 2024
Opr./edited by JC

One United Properties announced the lease of a retail space with a GLA of 3,600 sqm on the ground floor of One Gallery building, including terraces and storage spaces. The contract has been signed with Tomcat Hospitality.

Warehouse & industrial

Poland Sport-Shop takes up 13,000

schedule 10 July 2024
Opr./edited by JC

Panattoni has launched construction work on a new centre – Panattoni Park Bieruń I. The project has an area of almost 20,000 sqm and it has already found the first tenant.

Office & mixed-use development

Poland Full insurance at B4B

schedule 09 July 2024
Opr./edited by JC

Bonarka for Business "B4B", office complex located in Kraków, has secured a new lease with ZUS (The Social Insurance Institution). The company has leased 2,400 sqm office space in building D.

Warehouse & industrial

India Panattoni debuts in India

schedule 08 July 2024
Opr./edited by JC

Panattoni has announced the groundbreaking ceremony of Panattoni Park NH71 in Delhi NCR. This project marks Panattoni's strategic entry into the Indian market.

Investment & finance

Poland Xior has bought LivinnX

schedule 08 July 2024
Opr./edited by JC

On behalf of private investors, together with CA Ventures and Golub & Co., Savills has completed the sale of LivinnX, a PBSA building in Kraków. The buyer is Xior.

Warehouse & industrial

Romania Crane is moving to Arad

schedule 08 July 2024
Opr./edited by JC

Crane ChemPharma & Energy has secured a lease for 3,000 sqm of production space within Industra Park Arad in Romania, developed by Oresa Industra. The global industrial manufacturer is a subsidiary of Crane Company.

Investment & finance

Czech Republic Czech crowns from Accolade

schedule 08 July 2024
Opr./edited by JC

Accolade has become the first issuer of green bonds in the Czech currency. Initially, the planned issue of CZK 1.5 billion was sold out within a week, which is why the company decided to double the volume.

Investment & finance

Poland New player on the Warsaw PBSA market

schedule 04 July 2024
Opr./edited by ANZ

BPI Real Estate Poland, in cooperation with Acteeum Group, has sold a plot of land in Warsaw to Romanian-Belgian developer Speedwell. The transaction inaugurates Speedwell's activities on the Polish real estate market. The company will develop its first private student house in Poland.

Warehouse & industrial

Poland Panattoni Park Koluszki is fully leased

schedule 03 July 2024
Opr./edited by JC

Panattoni has completed the commercialisation of Panattoni Park Koluszki and launched work to extend the centre by 14,000 sqm. Current tenants, Kamoka and Pet Republic, have taken the decision to lease the additional space.

Office & mixed-use development

Czech Republic The New Danube House

schedule 03 July 2024
Opr./edited by ANZ

CA Immo starts refurbishment of Danube House office building in Prague. It will be extensively renovated to high design standards that put people at the centre. Construction is set to begin in Q4 2024, and full operations will commence in Q1 2026.

Latest in Retail & leisure

schedule 10 July 2024

Food market to open at One Gallery

One United Properties announced the lease of a retail space with a GLA of 3,600 sqm on the ground floor of One Gallery building, including terraces and storage spaces. The contract has been signed with Tomcat Hospitality.

schedule 02 July 2024

The shopping basket analyzed in Romania

Romanians spent EUR 36 bln in large retail chains, an amount 11 pct higher compared with 2022, out of which the FMCG spending accounted for EUR 22.5 bln (more than 60 pct share), according to the Romania Retail Snapshot 2024 performed by the Cushman & Wakefield Echinox, based on the financial results of 116 companies from 12 different retail segments.

schedule 27 June 2024

A positive momentum for the film market

Romanians spent EUR 63 mln in cinemas last year, an amount 25 pct higher compared with 2022, as ticket prices also recorded a 8.2 pct y-o-y increase, according to the data offered by the Romanian Film Center and analyzed by the Cushman & Wakefield Echinox.

schedule 25 June 2024

New luxury destination in Bucharest

CBRE Romania has announced its exclusive involvement in the leasing strategy of H Știrbei Palace, a historical monument located in the heart of Bucharest. After the completion of the renovation works, Știrbei Palace aims to become a landmark shopping gallery for luxury brands in South-Eastern Europe.

schedule 25 June 2024

Karuzela in Jastrzębie Zdrój

Mitiska REIM has announced the opening of a new retail park in Jastrzębie Zdrój, a city of 90,000 inhabitants in southern Poland. Developed in partnership with Karuzela Holding and owned in joint-venture with the FRI 2 fund, this latest opening is the third retail park development opened in Poland by Mitiska REIM and Karuzela Holding in the past nine months.

schedule 13 June 2024

Froo Froo! Żabka Group starts operations in Romania

The Żabka Group has opened its first shops in Romania. Over the past month, five outlets under the Froo banner have opened in Bucharest.

schedule 10 June 2024

Ready for any event

Norblin Factory has a new event space. The Event Hall is a 670 sqm area outfitted in an industrial style, designed for events up to 500 guests.

schedule 06 June 2024

Another Leroy in Romania

Leroy Merlin has leased a 9,000 sqm of space within Pitesti Shopping Park, developed by Square 7 Properties. The logistics park, with a leasable area of 22,000 sqm, is located in the northern part of Pitesti, in the Gavana area.

schedule 24 May 2024

The one and only Answear Concept Store

In Warsaw's Norblin Factory, the only stationary Answear.com concept store in Europe started its activity. On the area of 2,000 sqm, the customers will find an offer of premium fashion brands, which so far were available only online.

schedule 07 May 2024

Empik flagship store in the city centre

The Cepelia pavilion at the junction of Al. Jerozolimskie and ul. Marszałkowska in Warsaw is undergoing renovation. A three-storey Empik store with a total area of 1,300 sqm will open in the building.

schedule 25 April 2024

Aupark goes green

Wood & Company is planning the final third tranche of its acquisition of a stake in the Aupark shopping centre in Bratislava. The facility is currently undergoing an extension, which will increase its space by 6,000 sqm. In the summer, a huge green façade will be built on the new part.

schedule 23 April 2024

High Street’s glamour

Prague is the only city in the CEE region to boast a Prime High Street, a shopping street with only the most prestigious global brands. This location is Pařížská (Paris) Street, where currently 46 out of 48 available retail units are occupied.

schedule 23 April 2024

Mitiska REIM opens its 10th Karuzela retail park

Mitiska REIM has opened a new food-anchored retail park in the Polish city of Świebodzin. Developed in partnership with Karuzela Holding, this is the tenth project undertaken by Mitiska REIM and Karuzela over the past five years, with five more developments planned to open over the next two years. 

schedule 17 April 2024

Good start for Polish retail

Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total.

schedule 16 April 2024

Prague’s Černý Most shopping mall will grow

Centrum Černý Most, a shopping centre in the Prague region, is set to undergo a significant expansion of 9,100 sqm that will add over 30 new shops and restaurants, as well as additional screens to the centre’s multiplex cinema.

schedule 16 April 2024

Glinianka changes hands

Redkom Development sold 100 pct of shares in the company holding the Glinianka complex. The retail park, located near Warsaw, has been bought by CEE-Big Europe.

schedule 03 April 2024

Terg invests in retail parks

Terg, the owner of Media Expert, plans to strengthen its portfolio of investments in its own retail locations. The company wants to put into operation facilities with a total area of 72,000 sqm within the next two years.

schedule 28 March 2024

Smart Parks are springing out

Smart Park Poland and RG Leasing announced the latest progress in the implementation of their investment projects. After last year's openings in Mława and Wąbrzeźno, more locations are coming up.

schedule 20 March 2024

New tenants, more work at Turawa Park

The project of expansion at Turawa Park – which received a building permit last year – has now entered the construction phase, with the handover to the general contractor. In support of this project, Focus Estate Fund has secured financing through a credit facility provided by BNP Paribas Bank.

schedule 15 March 2024

Redkom develops Przystanek Karkonosze

Redkom has finalised the purchase of the property earmarked for the development of the Przystanek Karkonosze retail park. The operator in the facility under construction will be Lidl Polska.

Edition 6 (289) June 2024

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