PL

Poland Eastnine buys from Skanska (again)

Investment & finance
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.

Nowy Rynek E offers 28,800 sqm of office space. Its façade has been designed to allow as much natural light as possible, while at the same time protecting against adverse weather conditions and improving the building's energy efficiency. This solution complements several others used in the building, which have been designed in accordance with ESG principles.

The building is part of a complex that will ultimately offer a total of around 100,000 sqm of office space. It will consist of five buildings connected by an internal patio. Nowy Rynek is located in the Wilda district, next to Poznań Główny railway station, at the intersection of major transportation lines.

After the recent transaction involving Studio B, this is yet another proof that we are witnessing a positive change in the real estate investment market. By focusing on the needs of tenants and providing spaces that enhance productivity and well-being, we ensure strong demand for our properties even in challenging market conditions.
Adrian Karczewicz, head of Divestments at Skanska’s commercial development business unit in CEE

Nowy Rynek is a very special place and already a landmark on the business map of Poznan. Building E is a symbol of this complex and also a great commercial success: it is almost 90 pct leased by global and Polish brands.
Paweł Warda, EVP Operations Poland at Skanska’s commercial development business unit in CEE

This is the second transaction between these two parties in Central and Eastern Europe. In 2022, Skanska has sold the Nowy Rynek D office building in Poznań to Eastnine AB for EUR 120,6 mln.

Latest news

Warehouse & industrial

Poland Optimistic outlook for logistics

schedule 21 June 2024
Opr./edited by ANZ

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.

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 Off Miasto is being built in Gdańsk

schedule 21 June 2024
Opr./edited by ANZ

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. 

Eurobuild FM

Poland Mateusz Polkowski on market changes after Poland's accession to the EU

schedule 20 June 2024
Anna Zamyłka

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.

Office & mixed-use development

Poland Natek Poland opens a new office in Wrocław

schedule 20 June 2024
Opr./edited by ANZ

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.

Warehouse & industrial

Romania Villar welcomes Tech-Con in Bucharest

schedule 20 June 2024
Opr./edited by ANZ

Tech-Con Industry has leased 3,000 sqm at VLParks Bucharest West, Dragomirești, for its new headquarters and storage hub.

Warehouse & industrial

Poland PepsiCo stays in Mszczonów

schedule 20 June 2024
Opr./edited by ANZ

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.

Property and Facility Management

Poland Cushman & Wakefield to manage the entire portfolio

schedule 19 June 2024
Opr./edited by ANZ

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.

Office & mixed-use development

Poland TCS chooses Wola Center

schedule 19 June 2024
Opr./edited by ANZ

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.

Eurobuild FM

Poland Sebastian Sołtys on the development plans of LPP Logistics

schedule 19 June 2024
Magda Rachwald

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.

Warehouse & industrial

Poland Panattoni has started in Pomerania

schedule 19 June 2024
Opr./edited by JC

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.

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.

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.

Latest in Investment & finance

schedule 18 June 2024

CTPark Warsaw West will be bigger

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.

schedule 17 June 2024

Liberty Residence with a new owner

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.

schedule 17 June 2024

Panattoni has financing for another park

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

schedule 14 June 2024

Immofinanz sells Warsaw office complex to Echo

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

schedule 11 June 2024

Eastnine buys from Skanska (again)

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.

schedule 10 June 2024

mBank finances four retail parks

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.

schedule 06 June 2024

Retail park in Bielsko-Biała is sold

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.

schedule 04 June 2024

Czechs are still moody

Despite the current weakening of investment activity in the CEE region, investment volumes in commercial real estate in the Czech Republic posted a 36 pct year-on-year increase in Q1 2024. Colliers informs that a total of EUR 545 million in capital was invested in the Czech Republic during this period.

schedule 04 June 2024

Huge deal for Greenstone

Private equity fund Greenstone has acquired an almost 80 pct stake in a special purpose vehicle owning the Format office building in Gdansk in what is the first big-ticket office transaction in Poland’s regional cities since 2022.

schedule 29 May 2024

Sale of a large portfolio in Germany

S Immo has concluded contracts to sell a large portfolio consisting of 18 German commercial and one residential property with a total property transaction value of EUR 255 mln through separate share and asset deals.

schedule 29 May 2024

On Odysseus' island

The only hotel located in Croatian national park, on Mljet Island, has been put on sale. Hotel Odisej, a 3-star resort built in 1978 and renovated in 1996 and 2004, offers 155 rooms and two apartments.

schedule 28 May 2024

Holiday Inn Resort Warsaw Józefów changes ownership

TMS Inwestycje, a company controlled by Tobias Solorz, has acquired the 148-room Holiday Inn Resort Warszawa Józefów hotel from the Aquila Group. The transaction included both the property and the shares in Aquila Hotels, the company operating the hotel in Józefów.

schedule 28 May 2024

CTP expands in Romania with 270,000 sqm warehouse and 30 ha landbank acquisition

CTP has acquired from Globalworth an industrial portfolio of 270,000 sqm GLA and 30 ha landbank in six key locations in Romania.

schedule 27 May 2024

Metron changes hands

Alides Polska, a subsidiary of Belgian developer Alides, and Aya Properties Fund, have announced the joint acquisition of the Metron office building located in Warsaw from a Polish SPV held by Patrizia Frankfurt Kapitalverwaltungs.

schedule 22 May 2024

Green financing for three CPIPG office assets

CPI Property Group Poland has concluded a green refinancing transaction with Aareal Bank amounting to more than EUR 277 mln. The funds received will be used for the refinancing of three Warsaw office properties: Warsaw Financial Center, Equator IV and Eurocentrum.

schedule 16 May 2024

Cromwell sells Polish retail portfolio

Real estate investor and fund manager Cromwell Property Group has announced the sale of six retail centres across Poland, held by the Cromwell Polish Retail Fund to Star Capital Finance for EUR 285 mln.

schedule 16 May 2024

Studio B with a new owner

Skanska has sold the Studio B office building in Warsaw to Stena Real Estate for EUR 86 mln. This is already third transaction between the two parties in Central and Eastern Europe.

schedule 15 May 2024

Hotel Austria Trend is sold

Peakside Capital and Generali Investments Slovenia have sold, on behalf of Generali Adriatic Value Fund, the Austria Trend hotel located in the Slovenian capital.

schedule 15 May 2024

Millions for MLP

ING Bank Śląski has agreed to lend more than EUR 26.8 mln to MLP Group. The purpose of the loan is to refinance existing projects spanning an area of 58,200 sqm, and finance the construction of another 21,700 sqm of warehouse facilities within the MLP Poznań and MLP Poznań II logistics parks.

schedule 14 May 2024

mBank finances City Logistics Kraków III

Panattoni has received financial support for the development of the City Logistics Kraków III project. The EUR 21 mln loan granted by mBank will make it possible to finalise the construction of the logistics park, located in Kraków’s Nowa Huta district.

Edition 6 (289) June 2024

Latest comments

Categories