PL

Czech Republic Penta sells a property in Prague

Residential
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.

The property which is the subject of the sale, has an area of app. 3,000 sqm. It is currently an office building, but it is located in a lucrative residential location, and is therefore suitable for its transformation into premium housing.

Just as with the recent sale of Rezidence Dvorce, in this case it is also a matter of concentrating our efforts on our key projects such as Masarykovo nádraží, Florenc 21, Hlavní nádraží or 4.Q on Vítězné náměstí. Vinohrady is an excellent location. Dykova Street and its immediate surroundings are full of beautiful villas, it is an ideal place for a boutique project, which we are leaving up to Fidurock with this sale.
David Musil, director of Residential Development at Penta Real Estate

The purchase of the project in Dykova Street is not only a matter of our heart, as lovers of Prague's Vinohrady, but also a confirmation of Fidurock's strategy to expand the portfolio with other interesting objects that we can breathe new life into.
David Hauerland, CEO of Fidurock

Latest news

Eurobuild CEE

Poland The June issue of "Eurobuild" is already here!

schedule 13 June 2024
Eurobuild CEE

The last issue of the magazine before the summer holidays has just hit the shelves! You will read about unconventional ways to conquer the warehouse business, methods to improve your professional status in hard times, as well as about the real estate market of Ukraine, where the properties are still building, selling and renting under the bombs.

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

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. 

Warehouse & industrial

Germany VGP breaks ground in Schkopau

schedule 12 June 2024
Opr./edited by JC

VGP, a European owner, operator and developer of logistics and commercial properties, is continuing to develop VGP Park Leipzig Airport on an area of around 450,000 sqm. A groundbreaking ceremony was held at the site of the investment.

Investment & finance

Poland Eastnine buys from Skanska (again)

schedule 11 June 2024
Opr./edited by JC

Skanska has sold the Nowy Rynek E office building for over EUR 79 mln. The buyer is Eastnine AB, a Swedish real estate company focused on office premises at selected markets in the Baltics and Poland.

Warehouse & industrial

Poland John Dog has chosen MLP

schedule 11 June 2024
Opr./edited by JC

John Dog Group, the Polish e-commerce company specialising in feeds, treats, and accessories for dogs and cats, has leased 4,100 sqm of warehouse space at the MLP Poznań West logistics centre.

Office & mixed-use development

Poland Dot Park welcomes more technology

schedule 11 June 2024
Opr./edited by JC

A new tenant of the Dot Park office complex is Webcon, a provider of business process automation systems and low-code technology. The company has leased 1,615 sqm of space in the building.

Warehouse & industrial

Poland Zeus in Warsaw

schedule 10 June 2024
Opr./edited by JC

Panattoni has leased out over 5,200 sqm to Polpack Zeus, a company that specialises in the manufacture and distribution of packaging solutions. With this transaction, City Logistics Warsaw VII on ul. Bukowiecka has become fully leased. 

Investment & finance

Poland mBank finances four retail parks

schedule 10 June 2024
Opr./edited by JC

Mitiska REIM has secured a EUR 40 million refinancing with mBank for a portfolio of four Polish food-anchored retail parks. Representing a combined GLA of nearly 34,000 sqm, the convenience centers are located in the cities of Września, Turek, Lubliniec and Wodzisław Śląski.

Retail & leisure

Poland Ready for any event

schedule 10 June 2024
Opr./edited by JC

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.

Events

Poland Let's go to the beach

schedule 09 June 2024
Opr./edited by JC

This year's edition of the JLL Charity Beach Volleyball Tournament will take place on 1 August at the Monta Beach Volley Club in Warsaw. Funds raised during the event will for the second time be used to support the construction of the Ronald McDonald House at the Children's Memorial Health Institute.

Eurobuild FM

Poland Jacek Bagiński on the reduction of interest rates by ECB

schedule 09 June 2024
Eurobuild CEE

After five years of increases, the European Central Bank finally decided to cut interest rates by 0.25 percentage points. What does such a reduction mean for the market, how will it affect investors and how quickly will we notice its effects – says Jacek Bagiński, CFO at EPP, in the Eurobuild FM hot episode.

Eye to eye

Poland Eye to eye… with Władysław Grochowski

schedule 06 June 2024
Eurobuild CEE

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.

Investment & finance

Poland Retail park in Bielsko-Biała is sold

schedule 06 June 2024
Opr./edited by ANZ

A retail park in Bielsko-Biała being developed on the site of a Tesco shop on ul. Warszawska, has a new owner. Redkom Development, responsible for the construction and commercialisation of the facility, has sold the project to Newgate Investment.

Office & mixed-use development

Poland Skyliner has a new tenant

schedule 06 June 2024
Opr./edited by ANZ

Warsaw's Skyliner office building owned by Karimpol Polska will become the new headquarters of Process Solutions. The tenant will occupy approximately 1,000 sqm on the third floor and will move into the new office in early 2025.

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

Latest comments

Categories