Warehouse & industrial
Panattoni has launched development of a new BTS centre in Żary for Valmet Automotive. Construction work on the project began in September 2024 to extend an existing production plant by an additional 8,800 sqm.
Material partner
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure expansion often requires the development of greenfields, with adverse impacts on both local ecosystems and communities. A sustainable alternative is to revitalise brownfield urban sites, as exemplified by City Point Targówek, a project led by Peakside Capital Advisors.
Office & mixed-use development
At the end of September 2024, the stock of modern office space in Warsaw amounted to just under 6.265 mln sqm - according to data collected by Polish Chamber of Commercial Real Estate.
Retail & leisure
Mitiska REIM has announced the opening of a new retail park in the Romanian city of Pitesti, one of four new development projects planned to open by Mitiska REIM in the Romanian market over the next two years.
Office & mixed-use development
Varso 46 is soon to open on the 46th floor of Varso Tower, providing event space with a view of the Warsaw panorama of Warsaw, including the neighbouring Palace of Culture and Science.
Investment & finance
Panattoni has sold the 39,000 sqm City Logistics Warsaw IV logistics park to an undisclosed international real estate investor for EUR 53.5 mln.
Eurobuild FM
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphere!
Investment & finance
MLP Group has successfully closed its debut senior green notes offering, worth EUR 300 mln (approx. PLN 1.3 bln). Investor demand far exceeded expectations, resulting in the offering being multiple times oversubscribed.
Investment & finance
According to data from the National Bank of Romania analyzed by the Cushman & Wakefield Echinox, the real estate and construction sector became the second largest recipient of foreign capital in Romania, after industry. The sector attracted approx. EUR 2.2 bln of foreign direct investments in 2023, as the share of this economic activity in the overall FDI stock stood at 17.5 pct at the end of 2023.
Eurobuild FM
We are launching a series of short recordings from Expo Real 2024! Featuring forecasts, assessments, comments. Take the time to listen!
Office & mixed-use development
PHN has extended its lease agreement for over 10,500 sqm with State Street Bank, the key tenant of the Titanium tower in the Alchemia office complex in Gdańsk.
Investment & finance
Accolade has secured EUR 29.5 mln net financing from BNP Paribas Bank Polska for the development of Park Szczecin VI industrial park, located in the Dunikowo Special Economic Zone. The facility will have an area of over 54,000 sqm.
Office & mixed-use development
Deloitte has leased over 900 sqm in the modern Hi Piotrkowska office complex in Łódź, a facility managed by Master Management Group.
ESG
Panattoni has again partnered with law firm HFW and Pledge and Analytiqa to publish the 3rd edition of the 2024 European Logistics Sustainability Report. The results show significant progress in efforts to reduce the sector's carbon footprint.
Office & mixed-use development
Polkomtel, a telecommunications company that is part of the Polsat Plus Group, will move into the Sterlinga Business Center office building, managed by GTC, in Łódź in December. The company will occupy an area of over 3,000 sqm.
Office & mixed-use development
Antykwariat i Księgarnia Tezeusz, a company operating in Poland's second-hand book market, has leased 470 sqm in Galileo, an office building within GTC’s Korona complex in Kraków.
Residential
Profbud will develop the City of Polish Olympic Champions. Robert Lewandowski is a shareholder, as well as a content partner of the investment, which will be built on the outskirts of Warsaw, in the Lesznowola municipality.
Office & mixed-use development
The Kruk Company, operating in the debt management market, has leased 6,000 sqm of space in the B10 office-hotel complex in Wrocław, which is owned by Vastint Poland.
Residential
Develia has signed a letter of intent with Innova Capital and Solida Capital to develop student housing through an investment fund.
Warehouse & industrial
SIG, a supplier of construction products, has renewed its lease for 4,400 sqm of warehouse and office space in Prologis Park Wrocław.
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.
According to data from Cushman & Wakefield, the Bucharest hotel market is experiencing the highest supply growth among the CEE capitals between 2024 and 2026. The demand in the first half of the year compared to the same period of 2023 experienced an increase of 3 pct, however, it remained below the 2019 level.
B&B Hotels Polska has signed a 20-year lease for the facility at ul. Kosmatki in Warsaw. B&B Hotel Warsaw East will start receiving guests in September this year. The new four-star hotel will be the second facility of the B&B Hotels chain in Warsaw and the 15th in Poland.
Hotel Opatija, Curio Collection by Hilton celebrates its opening. The 54-room facility debuts as the first in Croatia and the brand’s 40th trading country.
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.
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 ...
Panattoni has again partnered with law firm HFW and Pledge and Analytiqa to publish the 3rd edition of the 2024 European Logistics Sustainability Repo ...
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 ...
Here it is at last! The latest issue of Eurobuild is out fresh from the printers, and in it, as always, there's plenty of market news, expert opinions ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
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 ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Panattoni has sold the 39,000 sqm City Logistics Warsaw IV logistics park to an undisclosed international real estate investor for EUR 53.5 mln.
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 ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
At the end of September 2024, the stock of modern office space in Warsaw amounted to just under 6.265 mln sqm - according to data collected by Polish ...
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 ...
Profbud will develop the City of Polish Olympic Champions. Robert Lewandowski is a shareholder, as well as a content partner of the investment, which ...
Mitiska REIM has announced the opening of a new retail park in the Romanian city of Pitesti, one of four new development projects planned to open by M ...
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 ...
Panattoni has launched development of a new BTS centre in Żary for Valmet Automotive. Construction work on the project began in September 2024 to exte ...
Expo 2024 brings reasons for optimism
Expo 2024 brings reasons for optimism
Walter Herz
The ongoing Expo Real 2024 in Munich is characterized by moderately optimistic sentiments. Participants hope that 2025 will bring results comparable to the best years in the invest ...
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 ...