Infrastructure
Ghelamco has renewed its partnership with Polish railway operator PKP SA and its real estate division Xcity Investment related to the redevelopment of the Warszawa Gdańska train station in Warsaw.
Retail & leisure
German department store chain Woolworth has signed a lease agreement for almost 1,000 sqm in the Galeria Słoneczna shopping centre in Radom.
Office & mixed-use development
Law firm KBZ Żuradzki Barczyk & Partners Advocates and Attorneys-at-Law LP has leased 400 sqm of office space in Global Office Park in Katowice.
Warehouse & industrial
Terg, the owner of the Media Expert chain of electronic goods stores, has renewed its lease of 1,800 sqm in Gdańsk Logistic I.
Warehouse & industrial
Hungarian warehouse developer Faedra Group is to launch two new developments in South Buda (Budapest XII) this autumn.
Warehouse & industrial
Toyota Material Handling CZ has leased 13,614 sqm for its new headquarters in Panattoni Park Zdice in Central Bohemia.
Warehouse & industrial
Demand for industrial space is stabilising across Europe, as indicated by the recent European Logistic Update report by Cushman & Wakefield. In the Czech Republic, the situation is now returning to pre-pandemic levels.
ESG
Skanska has entered into a partnership with the WasteTracker startup. The smart waste counter will help monitor and report on waste streams, supporting the process of responsible building management. The system will operate across Skanska's current portfolio in Central and Eastern Europe.
Hotels
The Moxy Hotels brand has announced the expansion of its European portfolio to 100 hotels by the end of 2025. 17 more hotels are to open by the end of next year, including Moxy Warsaw City.
Investment & finance
Prague-based warehouse developer P3 Group has issued a 7.6-year EUR 500 mln Green Bond. With this, P3 will have signed over EUR 6 bln in new debt since the implementation of its most recent funding strategy in December 2021.
Office & mixed-use development
Indian medical device producer Meril has leased 300 sqm for five years in the Oxygen Park office complex in Warsaw.
Investment & finance
Karimpol Polska has secured EUR 50 mln in financing from Bank Pekao for the second phase of the Skyliner II development on Rondo Daszyńskiego in Warsaw. The bank also financed the construction of the first tower of the complex.
Investment & finance
ECE Real Estate Partners is expanding its investment activities and has raised further circa EUR 100 mln of capital for its ECE Progressive Income Growth Fund that invests in high quality shopping centres in Europe and holds a portfolio of seven centres with a total market value of more than EUR 2.2 bln.
Office & mixed-use development
Savills has summarised H1 in the Kraków office market. Despite the challenges of rising vacancy rates and a significant drop in activity on the part of developers, Kraków's office market is showing signs of stabilisation and is looking ahead to further growth.
Investment & finance
Panattoni has launched a pan-European fund that will invest in modern, sustainable, income-producing logistics properties. The Panattoni Income Fund is domiciled in Luxembourg with an open-ended, evergreen structure.
Warehouse & industrial
European Logistics Investment, a logistics platform owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia.
Investment & finance
Smart Park Poland has sold a retail park in Syców (Dolnośląskie Voivodeship) to the Saller Group. The area of the facility is 8,000 sqm.
Warehouse & industrial
VAT Romania broke ground for its new factory located in VGP Park Arad, a strategic logistics hub adjacent to the A1 motorway and key European routes.
Warehouse & industrial
United Distribution Holding, a distributor of global brands of beer and food products in Poland, decided to add more than 2,300 sqm of industrial space to its existing agreement at the Warsaw West Park-Pruszków distribution centre.
Warehouse & industrial
Garbe Industrial Real Estate has re-let around two thirds of the space in its property in Kelsterbach, near Frankfurt am Main. A wholesaler will be using the facility to store and distribute building materials.
Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw market.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Tattersall Lorenz will take over both the technical and commercial property management for a GLP Germany portfolio of 46 properties commencing April 1, 2023.
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.
Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.
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.
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.
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.
Colliers has joined forces with Hungarian-based accessibility certification company Access4you in the Czech Republic. The two companies will assist people with special needs and disabilities to integrate themselves better into daily business life regardless of the type of work environment.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
Skanska has entered into a partnership with the WasteTracker startup. The smart waste counter will help monitor and report on waste streams, supportin ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
The September ‘Eurobuild’ is now available in print and online - as always full of expert commentary and analysis, interesting topics and the latest n ...
Welcome to the really hot episode of Eurobuild FM! Our editorial team visited the construction site of The Form, a unique office building, which is be ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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 ...
The Moxy Hotels brand has announced the expansion of its European portfolio to 100 hotels by the end of 2025. 17 more hotels are to open by the end o ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
Ghelamco has renewed its partnership with Polish railway operator PKP SA and its real estate division Xcity Investment related to the redevelopment of ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
Prague-based warehouse developer P3 Group has issued a 7.6-year EUR 500 mln Green Bond. With this, P3 will have signed over EUR 6 bln in new debt sinc ...
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 ...
Last week, Nordbygg, Northern Europe’s biggest trade fair for professionals in construction and real estate industry, took place at Stockholmsmässan i ...
Law firm KBZ Żuradzki Barczyk & Partners Advocates and Attorneys-at-Law LP has leased 400 sqm of office space in Global Office Park in Katowice.
Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw ...
The most famous palm tree in Poland will be owned by the Museum of Modern Art. One of Warsaw's best-loved art installations will soon undergo a major ...
According to Savills Rental Housing report, the share of residential transactions within total investment volumes in Prague has been increasing since ...
German department store chain Woolworth has signed a lease agreement for almost 1,000 sqm in the Galeria Słoneczna shopping centre in Radom.
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
Terg, the owner of the Media Expert chain of electronic goods stores, has renewed its lease of 1,800 sqm in Gdańsk Logistic I.
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 ...