Germany Barkawi Group under one roof in Munich

Office & mixed-use development

08 August 2024

Opr./edited by ANZ

Woodworks building is characterised by its climate-friendly timber-hybrid construction and innovative building technology

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Invesco Real Estate, the global real estate investment arm of Invesco Ltd with USD 90 bln in assets under management, has announced the full occupancy of Woodworks in Munich ahead of completion.

Invesco Real Estate has been managing the property as part of the Omega office park since 2018 for one of its long-standing German individual mandates, a southern German pension fund. The six-storey edifice, developed under the guiding principle of sustainability, is being built as a solitary building with around 2,400 sqm of office space directly next to the Munich Obersendling underground station. Woodworks building is characterised by its climate-friendly timber-hybrid construction and inno

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Latest news

Investment & finance

Germany Ashtrom buys Cologne office property

Opr./edited by AH

Sonar Real Estate has sold an office building on Siegburger Strasse in Cologne-Deutz for an undisclosed sum. The buyer is Ashtrom Properties Germany.

Material partner

Poland Atlas Estates secures major loan from Bank Pekao

Atlas Estates is pleased to announce the successful securing of a significant loan facility from Bank Pekao SA, one of Poland’s leading financial institutions. This financing marks a continued vote of confidence in Atlas Estates Group’s business model, strategic direction, and longstanding partnership with Bank Pekao SA.

Office & mixed-use development

Poland Saski Crescent fully leased

Opr./edited by AH

Three companies have joined the tenants in Warsaw's Saski Crescent office building, taking up a total of 3,500 sqm. The building is now fully leased.

Warehouse & industrial

Poland ProOptimum comes to MLP Czeladź

Opr./edited by AH

ProOptimum, a logistics company that provides goods warehousing and transportation services, has leased a total of over 5,000 sqm in MLP Czeladź.

Office & mixed-use development

Germany First tenant for modernised Prisma

Opr./edited by AH

Leading IT consultancy Adesso has leased 6,500 sqm from Sonar in the Prisma office building in Frankfurt. This is the first lease signed since the building’s refurbishment.

Office & mixed-use development

Czech Republic Vacancies in Prague fall

Opr./edited by AH

Although the second quarter saw only two completed projects and the vacancy rate for Prague offices continues to fall, construction activity has intensified, according to a new survey by Colliers. A total of four projects were launched, and the total volume of properties under construction reached 212,600 sqm. The total volume of the Prague office space market reached 3.94 mln sqm. However, by 2029, it could grow by up to 600,000 sqm of new space.

Poland Logicor creates a public park

Opr./edited by AH

Logicor Serenity Park is being created in Mysłowice. The project comprises a 4 ha public park within an industrial complex.

Investment & finance

Germany Sonar Real Estate sells office property in Oldenburg

Opr./edited by AH

Sonar Real Estate has sold an office property in Oldenburg on behalf of a pan-European real estate investment manager.

Warehouse & industrial

Poland Warehousing growth continues

Opr./edited by AH

In the first half of 2025, Poland’s industrial and logistics real estate market maintained it steady growth according to Axi Immo in its latest report titled: 'Industrial and logistics market in Poland H1 2025'.

Warehouse & industrial

Poland P3 builds for DPD

Opr./edited by AH

P3 Logistic Parks has constructed a BTS warehouse in P3 Bydgoszcz Park for logistic operator DPD Poland, which is owned by Geopost, the largest international courier network in Europe.

Office & mixed-use development

Poland Nefryt and Topaz sold

Opr./edited by AH

The Nefryt and Topaz buildings on ul. Domaniewska in Warsaw have been sold to Resolution Capital Management and a UK private equity fund. The British fund was supported by Cushman & Wakefield, which also manages the complex, while Colliers advised the seller.

Warehouse & industrial

Czech Republic Tenant market arises

Gross realised demand on the industrial market fell 34 pct below the five-year average, reaching only 304,900 sqm. Net demand (excluding renegotiations) fell 40 pct below the long-term average to 169,600 sqm, and the volume of newly completed space also remained below average at 131,600 sqm according to the latest figures from Colliers.

Office & mixed-use development

Poland Newmark enters Katowice

Opr./edited by AH

Newmark Polska has opened in Katowice. The company's new regional office is located in the mixed-use Supersam building.

Investment & finance

Croatia CEREF sells two centres

Opr./edited by AH

Martley Capital has completed the sale of two warehouse assets in Croatia from their Central European Value Add Fund, known as CEREF.

Office & mixed-use development

Germany Facelift for Arne Jacobsen Haus

Opr./edited by AH

The former headquarters of Hamburg’s electricity board is being modernised by Matrix Real Estate with Strabag subsidiary Züblin acting as the general contractor. The building is to become a New Work serviced office building.

Warehouse & industrial

Poland Hillwood Oleśnica fully leased

Opr./edited by AH

Flexible packaging material manufacturer Royal Vaassen Flexible Packaging has leased over 13,000 sqm, as well as over 600 sqm of offices, in the Hillwood Oleśnica logistics park. With the signing of the deal, the centre is now fully commercialised.

Poland Massive PRS portfolio purchase by Vantage

Opr./edited by AH

Vantage Development, a Tag Immobilien subsidiary, has acquired 18 Resi4Rent projects with 5,000 PRS units for PLN 2405 mln. The deal is subject to approval from the Polish antitrust authorities.

Warehouse & industrial

Germany Garbe builds from wood

Opr./edited by AH

The largest logistics centre to be constructed from timber in Europe is being built at the port of Straubing-Sand in Bavaria. The topping out ceremony was held by joint venture partners Garbe Industrial and Logicenters.

Warehouse & industrial

Poland Inwi to build for media expert

Opr./edited by AH

Inwi is developing a BTS warehouse for the Media Expert electronics retail chain. A 14,500 sqm centre is to be built in Długołęka near Wrocław, which is scheduled for completion next year.

Retail & leisure

Poland Retail park to come to Konstantynów Łódzki

Opr./edited by AH

PKB Inwest Budowa has received a construction permit to build a retail park in Konstantynów Łódzki, which is to open in Q2 2026.

Latest in Office & mixed-use development

Saski Crescent fully leased

Three companies have joined the tenants in Warsaw's Saski Crescent office building, taking up a total of 3,500 sqm. The building is now fully leased.

First tenant for modernised Prisma

Leading IT consultancy Adesso has leased 6,500 sqm from Sonar in the Prisma office building in Frankfurt. This is the first lease signed since the building’s refurbishment.

Vacancies in Prague fall

Although the second quarter saw only two completed projects and the vacancy rate for Prague offices continues to fall, construction activity has intensified, according to a new survey by Colliers. A total of four projects were launched, and the total volume of properties under construction reached 212,600 sqm. The total volume of the Prague office space market reached 3.94 mln sqm. However, by 2029, it could grow by up to 600,000 sqm of new space.

Nefryt and Topaz sold

The Nefryt and Topaz buildings on ul. Domaniewska in Warsaw have been sold to Resolution Capital Management and a UK private equity fund. The British fund was supported by Cushman & Wakefield, which also manages the complex, while Colliers advised the seller.

Newmark enters Katowice

Newmark Polska has opened in Katowice. The company's new regional office is located in the mixed-use Supersam building.

Facelift for Arne Jacobsen Haus

The former headquarters of Hamburg’s electricity board is being modernised by Matrix Real Estate with Strabag subsidiary Züblin acting as the general contractor. The building is to become a New Work serviced office building.

Office revival in Bucharest

At the end H1 2025, the number of office workers in Bucharest came to more than 340,000, representing around 30 pct of the city's total workforce, according to the Office Marketbeat Q2 2025 report published by Cushman & Wakefield Echinox.

Dionisie Lupu sold

Smartown Group has completed the sale of the historic Dionisie Lupu office building in Bucharest at a yield of 8.2 pct. The purchaser remains undisclosed.

Metron goes to school

The Multilingual Education High School is to open in the Metron building in Warsaw's Mokotów district with a lease of 850 sqm, taking up an entire floor in the building.

Silverton signs up Corall Ingenieure

The Silverton Group has leased around 950 sqm of office space at Otto-Hahn-Strasse 10 in Meerbusch, near Düsseldorf, to Corall Ingenieure on a long-term lease.

Prague office prices differentiated by location

While rents for premium offices in the city centre can reach EUR 30 or more per square meter per month, rents on the outskirts of the city remain well below EUR 15. The office real estate market in Prague thus continues to show a trend of differentiation based on location and building quality, with proximity to the metro remaining a key factor influencing both prices and demand, according to Colliers in its latest report.

Vacancies squeezed by supply across the regions

High demand is reducing the available space in regional office markets, says CBRE. A growing divide is now visible between prime properties and the rest, reflected in both vacancies and rents.

Katowice swaps mine for technology hub

The Shaft Katowice – Silesian Hub for Advanced Future Technologies complex is to be built on the site of the Wieczorek coal mine in Katowice. Strabag has signed a PLN 577.2 mln contract with Katowickie Inwestycje to construct the first stage, with the work scheduled for completion within 32 months.

Office market in Warsaw remains stable

In the first half of 2025, 85,000 sqm was added to the Warsaw office market, of which 93 pct was delivered to the central zones mainly due to prestigious projects such as The Bridge (51,800 sqm) and Office House (27,800 sqm), according to the latest report from Axi Immo, titled 'The office market in Warsaw in H1 2025'. At the same time, the vacancy rate remains stable (10.8 pct), with 140,000 sqm under construction at the end of June 2025.

Shiji stays on in Silesia Business Park

Shiji, a company specialising in IT solutions for the hospitality, retail, and leisure industries, has extended its lease of 2,000 sqm in Silesia Business Park in Katowice.

Supply remains limited across the regions

At the end of H1 modern office stock across Poland's regional cities came to 6.75 mln sqm, according to data from Avison Young. New supply came to 2,400 sqm with 200,000 sqm under construction, while demand stood at 387,000 sqm. Quarter on quarter the vacancy rate remained stable at 17.5 pct.

MS Galleon enters Diuna

The MS Galleon Capital Group has leased 3,000 sqm of office space in Warsaw's Diuna complex with an additional 700 sqm to be used as a showroom for the Cersanit bathroom ceramics brand and the Barlinek wooden flooring brand.

Bucharest office market down 31 pct on H1 2024

Crosspoint Real Estate, the international associate of Savills in Romania, brokered office lease transactions totalling over 6,000 sqm in the first half of 2025. These contracts have brought the total value of the office leasing portfolio brokered by Crosspoint to over EUR 45 mln.

Construction of U•Center 3 begins

Forte Partners has begun construction work on the office component of U Center 3, following the receipt of the building permit at the end of June 2025. Located on Calea Șerban Vodă in Bucharest, the final residential stage is to begin in 2026.

First new tenant for V Office building

The refurbishment of the V Tower office building in Warsaw is nearing completion, with the first tenant to move into the building in the autumn – the State Treasury Property Board, which has leased almost 2,000 sqm of office space.

More in Office & mixed-use development

Conferences

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Magazine

Read flipbook version

Edition 7 (300) July 2025

Latest comments

Flex market picks up momentum

Flex market picks up momentum

Mateusz Strzelecki, partner, head of Tenant Representation
Walter Herz

The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...

Optimism returns

Optimism returns

Bartłomiej Zagrodnik, managing partner
Walter Herz

Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...

Warehouse developers now more cautious

Warehouse developers now more cautious

Katarzyna Madej, director, Industrial Agency
Avison Young

Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...

Categories

Architecture and urban planning

MoMA wins architectural grand prix

The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...

Poznań with a green Aura

21 September 2023

Dutch-Czech team wins Dejvice contest

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Construction

10 February 2025

2025 looks optimistic for the construction companies

According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...

02 September 2024

Strabag to build The Arc

Digitalisation to the rescue

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Coronavirus

Vaccination centre provided by Globalworth

The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.

Employers in no rush to return to workplaces

Catella sees hope and chances for real estate after Covid-19

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Corporate social responsibility

Not only for horses

Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.

Panattoni sticks to the fairway

Colliers ends operations in Russia, Belarus

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E-commerce

12 January 2023

This is the end

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 ...

22 September 2020

Wildberries now growing in Ukraine

Wildberries growing in April

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ESG

Logicor creates a public park

Logicor Serenity Park is being created in Mysłowice. The project comprises a 4 ha public park within an industrial complex.

B10 takes WiredScore Platinum

Moderna Office goes Platinum

Eurobuild Awards

27 November 2024

The winners of the Eurobuild Awards 2024!

Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...

Call for nominations and jury members!

04 January 2024

Let's live this again!

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Eurobuild FM

A breath of fresh air from France, or comments from Cannes part 3

Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.

A breath of fresh air from France, or comments from Cannes part 2

28 February 2025

Poland versus the West

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EurobuildCEE

Eurobuild celebrates its 300th issue!

We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...

The June issue of Eurobuild is now out!

The May issue of EurobuildCEE is out now!

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Events

Race'N'Raise supports rural children's education

Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.

CPK arises

Back to the Future Conference

Exclusive

Demand for PBSA continues to accelerate

We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...

More than 15 minutes of fame

Capitalising on the landlord's market

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Eye to eye

Eye to eye… with Władysław Grochowski

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.

28 September 2023

Eye to eye… with Paweł Sapek

Eye to eye with… Daniel Bienias

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For Ukraine

29 November 2023

Nansen Refugee Award goes to Poland!

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 ...

Build Europe supports refugees and appeals to European Commission

Former Russian building to house Ukrainian refugees

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Green projects

20 September 2023

EIB grants CTP solar-powered €200m loan

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 ...

20 September 2023

Cromwell granted €66m green loan for Janki

Pad Res to build 2 PV farms in Pomerania

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Health & beauty

More in Health & beauty

Hotels

Mercure comes to Transylvania

The Mercure Hotels & Resorts chain has opened its first hotel in Transylvania. The Mercure Alba Iulia has 118 rooms as well as modular meeting spaces. ...

Redefining luxury

Romanian hotel market continues to recover

Human resources

Panattoni bets big on data centres

Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...

Five new board members at JLL

A change of guard at Eurobuild

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Infrastructure

Most of the land now acquired for CPK

CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airp ...

Tunnel to be built under Baltic

19 November 2024

Grand station in little Brzeziny

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Interior design

JLL redesigns its Warsaw branch

JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...

02 October 2024

Grainy effect for Viterra

Mercedes-Benz stylish Prague office

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Investment & finance

Ashtrom buys Cologne office property

Sonar Real Estate has sold an office building on Siegburger Strasse in Cologne-Deutz for an undisclosed sum. The buyer is Ashtrom Properties Germany. ...

Sonar Real Estate sells office property in Oldenburg

CEREF sells two centres

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Land acquisitions

29 January 2025

Panattoni enlarges its Swedish portfolio

Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.

17 January 2025

CTP purchases land in Kragujevac

17 December 2024

CTP secures major brownfield site

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Material partner

Atlas Estates secures major loan from Bank Pekao

Atlas Estates is pleased to announce the successful securing of a significant loan facility from Bank Pekao SA, one of Poland’s leading financial inst ...

07 October 2024

Brownfield rather than greenfield – a model for sustainable development at City Point Targówek

Nordbygg 2024: Many innovations and strong interest

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Office & mixed-use development

Saski Crescent fully leased

Three companies have joined the tenants in Warsaw's Saski Crescent office building, taking up a total of 3,500 sqm. The building is now fully leased. ...

First tenant for modernised Prisma

Vacancies in Prague fall

More in Office & mixed-use development

Property and Facility Management

Balmain takes on Adventum

The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...

Savills to manage for Yareal

30 October 2024

Studio B under new management

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Public buildings

15 November 2024

Warsaw Uni building underway

The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...

25 October 2024

MHP awarded with ULI prize

25 October 2024

Museum of Modern Art opens

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Residential

Massive PRS portfolio purchase by Vantage

Vantage Development, a Tag Immobilien subsidiary, has acquired 18 Resi4Rent projects with 5,000 PRS units for PLN 2405 mln. The deal is subject to app ...

PBSA market set to grow rapidly

Zeitraum – Racławicka to open for next semester

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Retail & leisure

Retail park to come to Konstantynów Łódzki

PKB Inwest Budowa has received a construction permit to build a retail park in Konstantynów Łódzki, which is to open in Q2 2026.

Small towns lead retail expansion

Luxury in decline

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Technology

12 September 2024

Velis has a new name

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 ...

26 January 2024

Symbiotic fit for HB Reavis and HqO

07 December 2023

Saski Crescent has WiredScore Platinum

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Warehouse & industrial

ProOptimum comes to MLP Czeladź

ProOptimum, a logistics company that provides goods warehousing and transportation services, has leased a total of over 5,000 sqm in MLP Czeladź.

Warehousing growth continues

P3 builds for DPD

More in Warehouse & industrial

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