PL

Poland More then 500 units under the Lett brand

Residential
In two years, Finnish developer YIT has built and handed over more than 500 rental units in Warsaw to the Nrep fund. The flats were built in three Warsaw districts - Ursynów, Bemowo and Mokotów.

In October 2022, YIT released 116 flats to the Nrep fund as part of the second phase of the Parkur Residence development, in April 2023 around 100 units forming part of the first phase of Nordic Bemowo and in September 2023 - 280 residential units in the Smartti Mokotów project.

The PRS market is challenging for a developer, due to the form of financing, the finishing of the units and the specifics of working with funds. We have proven that we can handle it.
Tomasz Konarski, president of YIT in Poland

Projects are leased by Nrep under the Lett brand: there is Lett Kłobucka in Ursynów, Lett Lazurowa in Bemowo, and Noli Mokotów in Mokotów, which is Nrep's first co-living project in Poland.

Latest news

Warehouse & industrial

Croatia Studenac has grown up

schedule 18 June 2024
Opr./edited by JC

Studenac, a Croatian food retailer, is going to build a new distribution center near the country’s capital Zagreb that will open in 2025. The investment in Velika Gorica will cover 36,000 sqm.

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

Warehouse & industrial

Germany No vacancies by the Rhine

schedule 18 June 2024
Opr./edited by JC

Garbe Industrial Real Estate has newly leased an existing property in the Port of Duisburg, Germany. The Worms-based logistics specialists TST will move in.

Investment & finance

Poland CTPark Warsaw West will be bigger

schedule 18 June 2024
Opr./edited by ANZ

CTP has purchased an 85,000 sqm investment plot in the Wiskitki municipality near Warsaw. The purchase of the land will allow the company to expand the CTPark Warsaw West complex by an additional 36,000 sqm.

Eurobuild FM

Europe Michael Polzer on the European housing market

schedule 18 June 2024
Eurobuild CEE

In the hot episode of Eurobuild FM, Michael Polzer, CEO of RE/Max Europe, comments on the condition of the housing sector, the biggest challenges it faces, and its prospects.

Office & mixed-use development

Romania Two new tenants for America House

schedule 18 June 2024
Opr./edited by JC

America House has added two financial services companies – VSR and Ebury – to its tenant mix. Together, they have leased a combined 1,500 sqm of office space.

Warehouse & industrial

Romania Linia Projects has moved to Chitila

schedule 17 June 2024
Opr./edited by JC

Linia Wood&Metal company opens Linia Projects in a new 6,700 sqm leased space in Chitila Logistics Hub. The project has been developed by Global Vision in partnership with Globalworth.

Warehouse & industrial

Germany Panattoni Park Cologne II kicks off

schedule 17 June 2024
Opr./edited by JC

Panattoni Germany rang in the conversion of the former Ford site in Cologne-Niehl with a successful demolition party. After dismantling the building, a logistics and industrial property with around 35,000 sqm of usable surface area will be built in the coming months.

Investment & finance

Poland Liberty Residence with a new owner

schedule 17 June 2024
Opr./edited by JC

Resi Capital has acquired a plot of land at the junction of Grzybowska and Żelazna Streets in Warsaw. According to the preliminary concept presented, Liberty Residence is to be a high-rise project and will deliver around 500 flats.

Investment & finance

Poland Panattoni has financing for another park

schedule 17 June 2024
Opr./edited by JC

Panattoni has been granted bank financing for Panattoni Park Zgierz. The EUR 23.3 mln loan was issued by PKO Bank Polski.

Investment & finance

Poland Immofinanz sells Warsaw office complex to Echo

schedule 14 June 2024
Opr./edited by ANZ

Immofinanz has finalised the sale of the three Empark office buildings in Warsaw's Mokotów district to Archicom for EUR 28.5 mln. 

Office & mixed-use development

Hungary Colossyan moves into Academia

schedule 14 June 2024
Opr./edited by ANZ

Colossyan, a startup developing an AI-based video generation platform, has signed a lease agreement for 1,000 sqm offices at Academia Offices in Budapest.

ESG

Poland A new foundation on the map of Polish philanthropy

schedule 14 June 2024
Opr./edited by ANZ

Polish businessman, investor and philanthropist, Robert Dobrzycki, has set up a new charity. The mission of the Robert Dobrzycki Foundation is to help shape the development of society and promote Poland and Polish business on the world stage.

Eurobuild CEE

Poland The June issue of 'Eurobuild' is now out!

schedule 13 June 2024
Eurobuild CEE

The final issue of the magazine before the summer holidays has just hit the shelves and the internet! On its pages you can read all about unconventional ways to conquer the warehouse business, methods to improve your professional status in hard times, as well as the Ukrainian real estate market, where properties are still being built, sold and rented despite the continued bombing of the country.

Warehouse & industrial

Poland PGD chooses Waimea Airport Logistics Park Szczecin-Goleniów

schedule 13 June 2024
Opr./edited by ANZ

PGD, a distributor of products for bakeries, confectioneries and ice-cream parlours, has occupied app. 2,000 sqm production and warehouse space with social facilities in the Waimea Airport Logistics Park Szczecin-Goleniów investment.

Retail & leisure

Romania Froo Froo! Żabka Group starts operations in Romania

schedule 13 June 2024
Opr./edited by ANZ

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

Warehouse & industrial

Poland The biggest warehouse lease of the year

schedule 13 June 2024
Opr./edited by JC

Prime Logistics Wrocław and logistics service provider LX Pantos has signed a lease for 100,000 sqm. This marks the largest warehouse transaction in Poland this year.

Residential

Romania Low-rise buildings, high standards

schedule 13 June 2024
Opr./edited by JC

Construction works begin on the new Bellemonde residential complex in Bucharest. The project will cover a land area of over 41,000 sqm and will feature 93 villas and 71 apartments.

Office & mixed-use development

Poland Hanza Tower gets flexible

schedule 12 June 2024
Opr./edited by JC

International Workplace Group, a global provider of hybrid working solutions with brands including Spaces and Regus, is opening a flexible workspace in Szczecin. It's the company's 30th location in Poland.

Warehouse & industrial

Romania HelpShip expands in Oradea

schedule 12 June 2024
Opr./edited by JC

CTP has leased 12,500 sqm of warehouse space at CTPark Oradea Cargo Terminal to HelpShip, an e-fulfillment and logistics solutions provider, part of euShipments.com's group and logistics network. 

Latest in Residential

schedule 13 June 2024

Low-rise buildings, high standards

Construction works begin on the new Bellemonde residential complex in Bucharest. The project will cover a land area of over 41,000 sqm and will feature 93 villas and 71 apartments.

schedule 28 May 2024

Zeitraum is officially opened

The Zeitraum private student house in Warsaw's Solec district has opened. In addition to 214 beds, the facility offers, among other things, a roof terrace, a cinema room and rooms for learning and integration.

schedule 22 May 2024

First residential units in Towarowa 22 project

The residential part of the Towarowa 22 project in Warsaw is taking off. Archicom is starting to sell flats in the first building under the Archicom Collection brand, which will stand in the immediate vicinity of the planned park.

schedule 22 May 2024

Phase III of The Level Apartments takes off

Romanian residential developer Redport Capital has announced the start of construction of Phase III of The Level Apartments. The project has received a building permit for 105 apartments to be developed with an investment of EUR 13 mln.

schedule 06 May 2024

Downtown Yards are for sale

135 of the 650 residences have already been sold in the pre-sale phase of JTRE’s new Downtown Yards project. The mixed-use neighbourhood in Bratislava is currently under construction.

schedule 25 April 2024

JTRE enters German market

Slovakian developer JTRE is launching its first project in Germany. The Nordhafen Living & Office multifunctional project will be built in the Europacity area in Berlin's Berlin-Mitte district.

schedule 17 April 2024

Berlin residential market report 2024

According to the Berlin 2024 Residential Market Report by real estate financier Berlin Hyp and real estate service provider CBRE, purchase prices have fallen, while pressure on the rental housing market continues to increase. As a result, rental prices are continuing to rise sharply.

schedule 04 April 2024

One United Properties moves into premium housing

One United Properties has concluded a memorandum of understanding with CPI Property Group for the acquisition of a 21 ha site close to the Eroii Revoluției metro station just south of Bucharest city centre. The project planned on the site should see the construction of round 5,000 housing units.

schedule 04 April 2024

Prefabricated for students

Solida Capital Europe and 1 Asset Management selected Pekabex for the execution of the purpose student housing PBSA project located in Puławska street in Warsaw.

schedule 03 April 2024

Poznań's new landmark may be established

Orpea Polska has sold a plot of land on the site of a former hospital on ul. Szkolna in Poznań. The new owner is AP Marchewka Investment from Wrocław, which plans to develop an urban-creating investment there in cooperation with the Vox brand.

schedule 11 March 2024

Bonarka Meadows has been sold

Revetas Capital has recently concluded the disposal of Bonarka Meadows in Krakow, a permitted residential development project, to Henniger Investment.

schedule 06 March 2024

More student dorms in Poland

Signal Capital Partners, Griffin Capital Partners and Echo Investment will launch a new student housing platform. Firstly, the joint venture is aiming to develop a portfolio of 5,000 student beds across key academic cities in Poland over the next three to five years.

schedule 22 February 2024

New residential project in Prague's Vysočany

Rezidence Klíčov, a current major SHD Real Estate residential project in Prague, is moving into the construction phase. The project located in Vysočany, Prague 9, is expected to be completed next year.

schedule 07 February 2024

KönigsTOR is ready

KGAL Wohnen Core 3 handed over the KönigsTOR Regensburg neighbourhood development. The building complex offers new homes for more than 800 people.

schedule 07 February 2024

Łódź goes with the Flow

The Flow project has launched in the New Centre of Łódź. The project developed by Archicom will occupy a 2-hectare site between the Łódź Fabryczna railway station and the EC1 scientific and cultural complex.

schedule 01 February 2024

Redport Capital has plans for 2,000 flats

Redport Capital will build more than 2,000 flats and 15,000 sqm of commercial space in the northern part of Bucharest over the next six years. The developer's plans include the expansion of The Level Apartments project and the development of Infinity Nord.

schedule 04 January 2024

Penta sells a property in Prague

At the end of the year Penta Real Estate completed the sale of residential project in Dykova Street in Prague 2 - Vinohrady. The value of the project is in the order of CKR hundreds of millions of and the buyer is Fidurock.

schedule 12 December 2023

Downtown Yards ready to take off

J&T Real Estate has been granted planning permission for the Downtown Yards project in the centre of Bratislava. The developer plans to develop a total of around 650 flats. Sales of the units and construction work will begin in 2024.

schedule 01 December 2023

More then 500 units under the Lett brand

In two years, Finnish developer YIT has built and handed over more than 500 rental units in Warsaw to the Nrep fund. The flats were built in three Warsaw districts - Ursynów, Bemowo and Mokotów.

schedule 10 November 2023

PBSA remains on students’ radar

Cushman & Wakefield has released “Poland Student Accommodation Report” on the student housing market in Poland. Supply of public and private halls of residence fails to keep pace with growing demand.

Edition 6 (289) June 2024

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