Santander Bank Polska has become a strategic tenant of The Bridge skyscraper under construction in the business centre of Warsaw. The bank has signed a lease agreement with the building's developer and investor, Ghelamco, for an area of around 24,500 sqm. This is the largest transaction in the Polish office market since 2022.
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 and information about personnel changes.
Czech asset manager Arete Investment Group has entered the Polish market with the acquisition from Panattoni of a 65,000 sqm warehousing park in Zgorzelec in Lower Silesia.
DB Schenker has leased more than 17,000 sqm at the Hillwood Rawicz warehouse centre. The logistics operator will service a customer producing optical products and sports accessories in its new space.
Nepi Rockcastle has acquired the 100,000 sqm Magnolia Park shopping centre in Wrocław from Union Investment in an off-market transaction. The sale price amounts to EUR 373 mln. Union Investment acquired Magnolia Park in 2017 for the portfolio of the UniImmo: Europa open-ended real estate fund.
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.
German department store chain Woolworth has signed a lease agreement for almost 1,000 sqm in the Galeria Słoneczna shopping centre in Radom.
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.
Terg, the owner of the Media Expert chain of electronic goods stores, has renewed its lease of 1,800 sqm in Gdańsk Logistic I.
Hungarian warehouse developer Faedra Group is to launch two new developments in South Buda (Budapest XII) this autumn.
Toyota Material Handling CZ has leased 13,614 sqm for its new headquarters in Panattoni Park Zdice in Central Bohemia.
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.
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.
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.
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.
Indian medical device producer Meril has leased 300 sqm for five years in the Oxygen Park office complex in Warsaw.
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.
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.
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.
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.
Czech asset manager Arete Investment Group has entered the Polish market with the acquisition from Panattoni of a 65,000 sqm warehousing park in Zgorzelec in Lower Silesia.
Nepi Rockcastle has acquired the 100,000 sqm Magnolia Park shopping centre in Wrocław from Union Investment in an off-market transaction. The sale price amounts to EUR 373 mln. Union Investment acquired Magnolia Park in 2017 for the portfolio of the UniImmo: Europa open-ended real estate fund.
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.
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.
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.
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.
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.
Nepi Rockcastle is in negotiations to acquire the 100,000 sqm gla Magnolia Park shopping centre in Wrocław from Union Investment Real Estate.
CL Property, a Polish developer specialising in multi-functional industrial and logistics space, has announced a transaction with DSV for the Citylink Łódź project. A new DSV logistics centre will be built on the 5.7-ha property located on ul. Zakładowa.
According to JLL, the Polish investment market saw a significant increase in activity in H1 2024. Despite continuing challenges related to the cost of capital, a return of large transactions was recorded, suggesting a potential end to the slowdown phase.
European Real Estate Fund has commenced its deployment programme with the acquisition of a logistics portfolio in Poland. Three multi-tenanted properties will form the initial investment in a EUR 300 million joint venture with White Star Real Estate.
Garbe, in a joint venture with a fund managed by BlackRock, has acquired a brownfield site of almost 200,000 sqm in Salzgitter, Lower Saxony. The joint venture wants to create large-scale logistics on the site. The construction of the property with a total floor area of 70,000 sqm is scheduled to start in Q1 2025 and to be completed in 2026.
KGAL has acquired the ViE office building in the Austrian capital with a total rental area of 14,100 sqm for one of its property funds. The seller is CA Immobilien Anlagen AG. The building in a central location in Vienna is fully let.
Empira Group has successfully completed the acquisition of six multi-family buildings as well as residential and commercial properties in the Neukölln, Kreuzberg and Wedding districts of Berlin. The purchase encompasses around 400 residential and commercial units.
CTP has purchased a 140,000 sqm plot of land located within the Pomeranian Investment Centre - an industrial park located in the vicinity of the largest container terminal on the Baltic Sea. The land acquired from the Gdańsk Economic Development Agency will be used to construct the next stage of the CTPark Gdańsk Port industrial and logistics complex.
Panattoni has been issued financing for the construction of City Logistics Warsaw Airport IV. The EUR 17.25 mln loan was granted by Santander Bank Polska.
Eika Real Estate Fund has acquired the BIG office in Poland, in the central part of Kraków, which is let to State Street Bank. The fund plans to further expand its investments in logistics, offices and retail parks in Poland.
Logistics platform Trademarc has sold a warehouse in Teresin, near Warsaw. The area of the BTS facility is almost 37,600 sqm.
Cushman & Wakefield estimates that the commercial real estate investment volume in Poland for H1 2024 was EUR 1.76 bln, representing an almost 80 pct increase compared to the same period in 2023. The investment market is experiencing a revival in the activity of investment funds, including Polish investors, with this year’s total investment volume likely to hit EUR 4 bln.
Develia has signed a preliminary agreement for the sale of the property in Wrocław with a subsidiary of Afi Europe. The sale price was set at PLN 50.5 mln. The transaction is expected to be finalised by the end of 2024.
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 ...
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 ...
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 ...
Czech asset manager Arete Investment Group has entered the Polish market with the acquisition from Panattoni of a 65,000 sqm warehousing park in Zgorz ...
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 ...
Santander Bank Polska has become a strategic tenant of The Bridge skyscraper under construction in the business centre of Warsaw. The bank has signed ...
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 ...
DB Schenker has leased more than 17,000 sqm at the Hillwood Rawicz warehouse centre. The logistics operator will service a customer producing optical ...
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