The prospects for logistics and supply chain in Poland are improving. The sector's optimism index for 2024 stands at 52.2, the highest level in five years, according to the Confidence Index 2024 report by CBRE and P3.
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
Invest Komfort has announced the development of a new project in Gdańsk. Off Miasto is to be built on a plot of ca. 56,000 sqm, and the usable area of the flats will be almost 55,000 sqm. Construction of the first stage has already begun. The entire investment will take several years to complete.
This year marks the 20th anniversary of Poland's accession to the European Union, moreover JLL is celebrating its 30th anniversary in Poland, Mateusz Polkowski, head of research at JLL Poland, sums up the changes on the real estate market and in the Polish economy over the last two decades.
IT and outsourcing supplier Natek has opened a new office in Infinity, an office building at ul. Legnicka in Wrocław. The tenant will occupy more than 600 sqm.
Tech-Con Industry has leased 3,000 sqm at VLParks Bucharest West, Dragomirești, for its new headquarters and storage hub.
Logicor has extended its lease agreement with PepsiCo Polska for almost 58,500 sqm of warehouse and office space at the Logicor Mszczonów park. This is PepsiCo's largest distribution centre in Poland.
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.
A new tenant, an IT company Tata Consultancy Services, has moved into the Wola Center building in Warsaw. At the same time, the owner of the complex, Hines European Value Fund, extended its contract with FaktorOne.
The latest episode of Eurobuild FM smells of salty wind, as we've just recorded it in Pruszcz Gdański, visiting the largest facility of LPP Logistics. Ambitious plans, gigantic capital, new warehouse space and hundreds of new showrooms - listen to details in the latest edition of our podcast.
Panattoni has launched construction on a new project in Western Pomerania. Panattoni Park Szczecin V, located on Lubczyńska street, is to reach a size of 30,000 sqm.
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.
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.
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.
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.
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.
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.
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.
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.
Panattoni has been granted bank financing for Panattoni Park Zgierz. The EUR 23.3 mln loan was issued by PKO Bank Polski.
Cloud IX, Budapest’s latest panoramic skybar, has been opened in the ibis & Tribe Budapest Stadium Hotel in the WING Liberty building. Opened last December in Budapest’s District IX, the hotel complex boasts a total of 332 rooms and a wide range of services.
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almost 100 cities through Holiday Inn – the niu brand collaboration and European debuts for IHG’s Garner and Candlewood Suites.
CPI Property Group has sold a 50 pct stake in a subsidiary that owns eight hotel properties in the Czech Republic to Bratislava-based Best Hotel Properties (BHP), with whom it has also signed a JV agreement for the continued management of the hotels.
Radisson RED Belgrade has opened its doors as a new upscale lifestyle hotel, marking the debut of the Radisson RED brand in Southeast Europe.
The hotel market in Bucharest has experienced a moderate annual average growth in new offerings, at 0.9 pct between 2019 and 2023. This modest trend was primarily influenced by the cancellation of Urban Zoning Plans. Between 2024 and 2025, an estimated average annual growth rate of 4.1 pct in the number of rooms is expected, according to data from the real estate consulting company Cushman & Wakefield.
According to Cushman & Wakefield analysis, after a period when the Prague hotel market was lagging behind other European cities in terms of recovery from the impacts of the covid pandemics, all of its performance indicators increased significantly in 2023. The Prague hotel market proves its resilience and attractivity.
IHG Hotels & Resorts announced its first Holiday Inn & Suites property in Europe with the signing of Holiday Inn & Suites Budapest Centrale – part of its Holiday Inn Hotels & Resorts brand.
Marriott International and the Dobry Hotel Group have signed an agreement to create The Luxury Collection brand's first hotel in Krakow in the historic Lubomirski Palace building.
A new hotel is being built in Kraków. It will be the seventh facility of the AccorInvest/Orbis group in the capital of Malopolska under the Accor brand in the lifestyle segment. The hotel is scheduled to open in Q2 2025.
Marriott Bonvoy's Autograph Collection Hotels brand is making its debut in Hungary with the opening of its first hotel in Budapest. The Dorothea Hotel is housed in three historic buildings and is named after Archduchess Dorothea, who contributed to the city's development in the 19th century.
One United Properties has signed a memorandum of understanding with Ennismore for opening Mondrian Bucharest, a highly exclusive lifestyle hotel in downtown Bucharest.
Canopy by Hilton Warsaw, the first lifestyle hotel of the Hilton chain in Poland, is to open in 2025 in the centre of the city.
Local developer Wing in cooperation with Budapest Ferenc Liszt Airport has begun the construction of the Tribe hotel at the airport.
Hampton by Hilton Budapest City Centre, the country's first hotel under the Hampton by Hilton brand, has opened in Budapest.
AC Hotels by Marriott, part of Marriott Bonvoy’s portfolio of 31 brands, has announced its brand debut in Croatia with the opening of AC Hotel by Marriott Split. The new hotel is housed on the high floors of the 135-metre-high Westgate Tower with spectacular views of the Adriatic Sea and Split’s unique cityscape.
In Cushman & Wakefield’s latest Hotel Operator Beat survey, Budapest was placed as the most attractive market in CEE, reaching 4.3 points on a 1–5 scale where 5 means very high interest. Prague is a little step down with 4.2 points, and Warsaw, Kraków and Bucharest complete the top 5 markets targeted by hotel operators.
The opening has taken place of the Ibis Styles Warsaw Airport hotel, which is situated about 3.5 km from Fryderyk Chopin Airport in Warsaw.
Marriott International has signed an agreement with Valdarke to open an Autograph Collection resort on the isle of Cres in Croatia. The hotel will be the international brand's first on the island.
Aro Palace, whose majority shareholder is investment fund Transilvania Investments, has sold the Coroana-Postăvaru Hotel in Braşov in central Romania to Elevate Properties for EUR 9.367 mln.
Moxy Belgrade has arrived in Serbia’s capital city. The 131 guestroom hotel features all-day dining venue Gastro Bar Park and Moxy’s signature 24/7 bar.
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 ...
Polish businessman, investor and philanthropist, Robert Dobrzycki, has set up a new charity. The mission of the Robert Dobrzycki Foundation is to help ...
Eurobuild Awards 2023 is behind us, but if you haven't yet gotten your hands on the special "Eurobuild" supplement prepared for the Gala evening, you ...
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 unconvention ...
This year marks the 20th anniversary of Poland's accession to the European Union, moreover JLL is celebrating its 30th anniversary in Poland, Mateusz ...
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 ...
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 ...
Cloud IX, Budapest’s latest panoramic skybar, has been opened in the ibis & Tribe Budapest Stadium Hotel in the WING Liberty building. Opened last Dec ...
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 ...
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 th ...
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 ...
Colliers, in partnership with Illyrian Land Funds, is announcing an exclusive auction for a prime development land site in Istria, Croatia. This prope ...
IT and outsourcing supplier Natek has opened a new office in Infinity, an office building at ul. Legnicka in Wrocław. The tenant will occupy more than ...
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 ent ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
Invest Komfort has announced the development of a new project in Gdańsk. Off Miasto is to be built on a plot of ca. 56,000 sqm, and the usable area of ...
The Żabka Group has opened its first shops in Romania. Over the past month, five outlets under the Froo banner have opened in Bucharest.
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
The prospects for logistics and supply chain in Poland are improving. The sector's optimism index for 2024 stands at 52.2, the highest level in five y ...
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 ...