PL

Romania Cushman rules at Expo Business Park

Property and Facility Management
The Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, located in the Expozitiei area of Bucharest. As a result, the portfolio managed by the company’s asset services department reached almost 500,000 sqm.
The company will be responsible for the management of the daily administrative-operational activity within the project, tenant relationship management, operational supervision, financial services and landlord reporting, as well as for the implementation of community management programs dedicated to tenants. Moreover, the services provided also include overseeing the relationship with subcontractors and authorities, following the compliance with legal requirements, and creating opportunities and
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Latest news

Office & mixed-use development

Poland The Form ready to welcome tenants

schedule 12 December 2024
Opr./edited by ANZ

The Form office building, an investment developed by Lincoln Property Company in Warsaw's Wola district, has obtained a permit for use. The building located at the intersection of ul. Pańska and ul. Miedziana, offers over 30,900 sqm of space on nine storeys, including over 28,300 sqm of office space and 2,600 sqm of service and retail space on the ground floor.

Material partner

Poland Galant Ząbkowska Apartments with FusionLive

schedule 02 December 2024
Eurobuild CEE

Peninsula Property is an investor and development company that builds high-quality, thoughtfully designed apartment buildings, boutique residences and hotels to ensure the best possible experience for future residents and tenants. It stands out for its innovative designs and concepts in the Polish market.

Investment & finance

Poland Summus has bought Lakeside

schedule 12 December 2024
Opr./edited by JC

Summus Capital has strengthened its presence in Poland with the acquisition of the Lakeside office building in Warsaw. The transaction, valued at EUR 61.9 mln, was conducted in collaboration with Atenor.

Retail & leisure

Poland Trei opens its 40th retail park

schedule 12 December 2024
Opr./edited by ANZ

Trei Real Estate Poland has opened its 40th Vendo Park. The investment was created in Wrocław and has 5,000 sqm. Vendo Park Wrocław is the first facility under this banner in the capital of Lower Silesia. The retail park was built on a plot of approx. 15,000 sqm.

Investment & finance

Poland Big sale in Wrocław

schedule 12 December 2024
Opr./edited by JC

Develia has concluded a final sales agreement for a real estate property in Wrocław with a subsidiary of AFI Europe, an international investor in office, retail, and residential projects. The transaction value amounts to PLN 50.5 mln.

Office & mixed-use development

Poland The Shire launches new project in Warsaw

schedule 12 December 2024
Opr./edited by ANZ

The Shire Beyond Coworking, an operator of flexible spaces, is launching a new project on the Warsaw office market. The luxurious tenement at ul. Poznańska 37, will house fully equipped, self-contained serviced modules.

Warehouse & industrial

Germany MLP invests in the Ruhr Area

schedule 12 December 2024
Opr./edited by ANZ

MLP Group will develop its third business centre in the Ruhr region in Castrop-Rauxel. The project, which is being built on a brownfield site, will provide approx. 57,000 sqm of space, which will be certified to a DGNB standard of at least Gold. 

Investment & finance

Poland Skanska sells P180 offices for €100m

schedule 12 December 2024
Opr./edited by ANZ

Skanska has sold its P180 office development in Warsaw's Mokotów district to Investika Real Estate Fund and its joint-venture partner, Bud Holdings, for around EUR 100 mln.

Investment & finance

Poland Big Poland acquires two retail properties

schedule 12 December 2024
Opr./edited by ANZ

Big Poland has bought two retail facilities Park Kujawia in Włocławek and Atut in Myszków. The combined value of both transactions exceeds EUR 56 mln. The Big brand already has seven retail parks in Poland: in Łubna near Warsaw, Lubin, Andrychów, Gorzów Wielkopolski and Ostróda. Together with three development projects in progress, Big Poland's portfolio now includes 10 locations.

Warehouse & industrial

Poland Barth Italiana enters Łódź

schedule 11 December 2024
Opr./edited by ANZ

Panattoni Park Łódź West III is gaining a new tenant from the 3PL sector. The Italian company Barth Italiana will occupy over 5,500 sqm of space in the complex.

Hotels

Poland Spark by Hilton debuts in Poland

schedule 11 December 2024
Opr./edited by ANZ

The Spark by Hilton brand is entering the Polish market with two new hotels. Spark by Hilton Pobierowo and Spark by Hilton Krynica Morska will open within the next six months.

Residential

Czech Republic European PBSA sector could grow by 70 pct over the next 5 years

schedule 11 December 2024
Opr./edited by ANZ

According to the 2024 European Purpose-Built Student Accommodation Investment Barometer, conducted by The Class Foundation and Savills, involving investors and operators with portfolios totalling over 132,000 beds across Europe, with an asset value of circa EUR 25.3 bln, respondents expect to increase the number of beds they have by 70 pct over the next 2-5 years. This would bring the total to over 220,000 beds, deploying a further EUR 22 bln of capital. 

Office & mixed-use development

Poland Not just offices in an office building

schedule 11 December 2024
Opr./edited by ANZ

The BursztyNova restaurant has opened on the ground floor of the boutique Saski Crescent office building, recently modernised and owned by CA Immo. The restaurant took up an area of over 400 sqm. 

Office & mixed-use development

Czech Republic New office construction accompanied by complications

schedule 11 December 2024
Opr./edited by ANZ

According to a survey by Colliers, only one new office building was completed in Prague in Q3 2024. Vacancies increased slightly year-on-year to 8.1 pct and rents in the city centre reached approx. EUR 29 per sqm per month. Efforts to upgrade some older properties continue, either on an ongoing basis or by temporarily taking them off the market.

Warehouse & industrial

Poland Panattoni Park Sochaczew has the first tenant

schedule 11 December 2024
Opr./edited by JC

Panattoni is to build a new industrial park in the Mazovia region. The development of Panattoni Park Sochaczew with an area of almost 28,000 sqm will commence in the Q1 of 2025 with the first tenant – Pilkington Automotive Poland – to move in by November.

ESG

Poland Excellent Point in Łubna

schedule 10 December 2024
Opr./edited by JC

Two buildings completed as part of the first phase of Good Point V, an investment by Real Management, have received the final BREEAM International New Construction V6 certificate at the Excellent level.

Warehouse & industrial

Poland MLP has plans for Podkarpacie

schedule 10 December 2024
Opr./edited by JC

MLP Group is planning a new logistics and industrial center in Rzeszów. The facility is set to provide over 52,000 sqm of warehouse and office space.

Warehouse & industrial

Poland P3 will build for SUUS

schedule 10 December 2024
Opr./edited by JC

P3 Logistic Parks has constructed a facility in P3 Warsaw I Park for Rohlig SUUS Logistics. The company occupies almost 50,000 sqm there, including their office space of about 300 sqm.

Investment & finance

ROMANIA Praktiker RE buys Bucharest building for €8m

schedule 09 December 2024
Opr./edited by NN

Praktiker Real Estate has acquired the Muntenia Business Center in central Bucharest for around EUR 8 mln

Investment & finance

Poland Invesco takes over Gdańsk hotel

schedule 09 December 2024
Opr./edited by JC

Invesco Real Estate has announced the acquisition of the Cloud One Gdańsk hotel in Poland on behalf of its German client. The seller, Granaria Development Gdańsk, is a joint venture between Immobel and Multibud.

Latest in Property and Facility Management

schedule 30 October 2024

Studio B under new management

Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate.

schedule 28 August 2024

Cushman feels the Vibe

Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw market.

schedule 24 June 2024

CBRE will rule in Skyliner II

Karimpol Polska is expanding its cooperation with CBRE. Starting in June 2024, the consultancy will be acting as the exclusive letting agent of Skyliner II office project.

schedule 19 June 2024

Cushman & Wakefield to manage the entire portfolio

Cushman & Wakefield has been appointed as property manager for the VIG Fund’s three office buildings in Warsaw. The company will manage the fund’s entire Polish real estate portfolio of more than 47,000 sqm.

schedule 24 April 2024

EPP takes over the management of the M1 and Power Parks

EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's employees, including local property management teams will join EPP.

schedule 26 March 2024

Joint venture management for Romanian portfolio

M Core announces the launch of ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new management platform for the M Core portfolio of 25 retail parks across Romania.

schedule 25 March 2024

Cushman rules at Expo Business Park

The Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, located in the Expozitiei area of Bucharest. As a result, the portfolio managed by the company’s asset services department reached almost 500,000 sqm.

schedule 03 January 2024

CBRE to manage Stop Shops in Serbia

CPI Property Group has appointed CBRE as manager of its Serbian Stop Shop retail park portfolio. It comprises 14 retail parks in 14 cities and more than 120,000 sqm of leasable area.

schedule 14 December 2023

Savills to look after Lakeside 

Savills will become the manager of the Lakeside office building. The complex is currently the largest development being built outside the central part of the capital. Atenor is responsible for its development.

schedule 13 September 2023

Savills to manage Okam City

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.

schedule 24 July 2023

Tattersall Lorenz chosen by Schroder

Tattersall Lorenz has been appointed property manager of Schroder portfolio with a lettable area of over 230,000 sqm. The firm will also provide support for letting management and an ESG service contract for the properties.

schedule 02 May 2023

Offices and logistics most shielded from energy shocks

According to Savills latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.

schedule 15 March 2023

Tattersall Lorenz to manage the Sony Center

Tattersall Lorenz has been chosen by Oxford Properties and Norges Bank Investment Management (NBIM) to undertake the technical and commercial property management as well as accounting of the Sony Center at Potsdamer Platz in Berlin.

schedule 02 March 2023

200 residential units under Talyo’s management

Talyo Property Services commenced the property management of the 'roomments.apartmenthouse' in Stuttgart. The cooperation started last month and covers commercial and technical property management as well as letting and warranty management of the property completed in 2019.

schedule 15 February 2023

Tattersall Lorenz’s first mandate from GLP Germany

Tattersall Lorenz will take over both the technical and commercial property management for a GLP Germany portfolio of 46 properties commencing April 1, 2023.

schedule 13 February 2023

Cushman & Wakefield manages for Adventum

Cushman & Wakefield has taken over the management of a portfolio of three shopping centres and one retail park acquired from Tesco last year by the Hungarian Adventum Group.

schedule 03 February 2023

Atrium Flora managed by Cushman & Wakefield 

Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.

schedule 30 January 2023

Face to face with Savills

Business Campus, an office complex in Katowice with a combined area of close to 50,000 sqm, has a new property manager. Its owner, a joint venture of the Czech fund INVESTIKA realitní fond and Luxembourg-based private equity investor Bud Holdings, has entrusted real estate advisory firm Savills to provide property management for the complex.

schedule 08 December 2022

Colliers selected as PM for Łużycka offices

Colliers has been appointed property manager of four buildings of Łużycka Office Park and also of Łużycka Plus in Gdynia, which were recently acquired by a joint venture between Czech-based Investika realitní fond and Luxembourg-registered Bud Holdings.

schedule 07 December 2022

MVGM stays on as PM for Pro Portfolio

MVGM has signed an extension to its property management contract for the retail and service space in five office buildings in Poland owned by PineBridge Benson Elliot and Sharow Capital.

Edition 11 (293) November 2024

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