PL

Poland Saski Crescent sounds great

Office & mixed-use development
GN Poland has leased more than 2,000 sqm of office space in the Saski Crescent building in Warsaw. The company is part of the GN Group, a Danish provider of intelligent audio, video, gaming solutions, and hearing systems.

The company's new headquarters will occupy the entire third floor of the building. GN Poland, which will move into Saski Crescent at the end of this year, was assisted in its search for new premises by the Colliers consultancy. The landlord, CA Immo, was advised in the commercialization of the building by CBRE.

The GN Group's portfolio includes brands such as Jabra, SteelSeries, ReSound, and Beltone. The company focuses on supporting people with hearing loss, enhancing business communication systems, and offering a range of audiovisual products for gamers. GN operates in 100 countries and has research and development centers in Denmark, the US, the Netherlands, France, China, and Poland.

Located at 16 Królewska Street, Saski Crescent offers approx. 16,000 sqm of office and meeting space to the capital's market. The boutique office building has recently undergone an extensive retrofitting process, which included a redesign and the introduction of additional amenities for users, such as a gym and facilities for cyclists and electric vehicle users. Saski Crescent has received WELL pre-certification, WiredScore Platinum certification, and is pursuing BREEAM sustainability certification.

Latest news

Retail & leisure

Poland One in seven square metres of retail space to be built in Poland

schedule 21 November 2024
Opr./edited by ANZ

According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Europe in terms of new retail supply, surpassed only by France. 

Office & mixed-use development

Poland MCP moves into Korona Office Complex

schedule 21 November 2024
Opr./edited by ANZ

The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occupy an area of over 3,000 sqm.

Retail & leisure

Poland Polish retail market performs well

schedule 21 November 2024
Opr./edited by ANZ

According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline of shopping centres in Poland have proven premature. In Q3 2024, the Polish retail market expanded by another 116,000 sqm. 

Hotels

Serbia Luxury stay in Belgrade

schedule 20 November 2024
Opr./edited by ANZ

The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade Tower (Kula Beograd), built at the meeting point of the Sava and Danube rivers.

Warehouse & industrial

Czech Republic Renegotiations account for nearly 40 pct of industrial leases

schedule 20 November 2024
Opr./edited by ANZ

According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market. 

Investment & finance

Poland A EUR 75 mln loan for Panattoni Park Sulechów III

schedule 20 November 2024
Opr./edited by ANZ

Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.

Infrastructure

Poland Grand station in little Brzeziny

schedule 19 November 2024
Opr./edited by ANZ

The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzeziny, a district town hitherto deprived of any access to rail transport.

Warehouse & industrial

Poland Lynka is staying with Panattoni

schedule 19 November 2024
Opr./edited by JC

Lynka, a European supplier of branded apparel, has extended its lease of 9,000 sqm of warehouse, manufacturing, office and social space in Panattoni Park Kraków IV.

Investment & finance

Czech Republic Czech fund makes a big purchase

schedule 18 November 2024
Opr./edited by JC

Fond Českého Bydlení (the Czech Housing Fund) has successfully completed the acquisition of two apartment buildings located in Beroun and Chomutov. This transaction adds 313 fully rented apartments to the company's portfolio.

Eurobuild CEE

Poland Time for change

schedule 15 November 2024
Eurobuild CEE

As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will be subject to a small payment.

Hotels

Hungary Puro has financing for an investment in Budapest

schedule 15 November 2024
Opr./edited by ANZ

Bank Gospodarstwa Krajowego has granted a loan of up to EUR 40 mln to the Hungarian company from the Puro Group. The financing will be used for the construction of a four-star premium hotel in the centre of Budapest. 

Public buildings

Poland University's new investment in Warsaw

schedule 15 November 2024
Opr./edited by ANZ

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 faculties of Journalism, Information and Bibliology and Economic Sciences, as well as the Academic Campus Radio. Construction work will begin at the end of November. 

Investment & finance

Poland Full occupancy across the ELF 2

schedule 14 November 2024
Opr./edited by JC

Savills IM has let the last vacant rental space of the European Logistics Fund 2 (ELF 2) in a logistics property in Konotopa, Poland, on a long-term lease.

Investment & finance

Poland First loan of its kind

schedule 14 November 2024
Opr./edited by JC

Panattoni has been awarded a pioneering green loan from Berlin Hyp worth EUR 74.34 mln. The financing is for a logistics center in Bydgoszcz developed for an e-commerce firm.

Residential

Czech Republic YIT is going to Brno

schedule 13 November 2024
Opr./edited by JC

YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a joint venture with the Czech investor group RSJ Investments.

Investment & finance

Poland Vantage has EUR 100 mln to invest in Poland

schedule 13 November 2024
Opr./edited by ANZ

Vantage Development's Polish subsidiaries have secured a EUR 100 mln loan from the European Bank for Reconstruction and Development. The TAG Immobilien-owned developer and operator will use the funds raised to expand its PRS investments in Poland.

Hotels

Bulgaria The first Mercure in Bulgaria

schedule 13 November 2024
Opr./edited by ANZ

Mercure, a brand of the Accor Group, announces the opening of its first hotel in Bulgaria. The new property is located in one of Sofia's most prestigious districts, Manastirski Livadi, with easy access to the National History Museum and Vitosha National Park.

Warehouse & industrial

Poland All occupied at Hillwood in Łódź

schedule 13 November 2024
Opr./edited by ANZ

The two Łódź logistics centres - Hillwood Łódź Chocianowice and Hillwood Łódź Górna - have been fully leased. The latest agreement has been concluded at the second facility, with a client from the electronics industry.

Warehouse & industrial

Poland Orlen chooses P3 Piotrków park

schedule 13 November 2024
Opr./edited by ANZ

P3 Logistic Parks and Orlen have signed a lease agreement for nearly 24,000 sqm of space in the P3 Piotrków park. The facility will serve as a warehouse for supplying the corporation's fuel stations.

Warehouse & industrial

Poland Panattoni launches a BTS factory

schedule 12 November 2024
Opr./edited by JC

Panattoni has completed a BTS development in Świdnik. A new factory was built for Trilux, a German company operating in the professional lighting sector.

Latest in Office & mixed-use development

schedule 21 November 2024

MCP moves into Korona Office Complex

The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occupy an area of over 3,000 sqm.

schedule 12 November 2024

Third quarter holds steady

Cushman & Wakefield has summarised the Q3 of 2024 on the largest office markets in Poland. Office take-up in key regional cities remained on par with the figures recorded in the same period in 2023, signifying stability on the office rental market.

schedule 06 November 2024

Furniture retailers choose office buildings

Insignis concept store, a furniture retailer, has rented space on the ground floor of The Bucharest Business Park. Three other companies that sell furniture have recently rented sales spaces in office buildings in the northern area of Bucharest, the total area exceeding 10,000 sqm.

schedule 05 November 2024

Warsaw office market back in the game

According to a report 'Office Market in Warsaw in Q1-Q3 2024', published by Axi Immo, developer activity in the Warsaw office space market is progressively increasing. More than 70,000 sqm finished by the end of September 2024 and around 280,000 sqm under construction in the coming years, demonstrate that investors and developers are moving the industry forward.

schedule 04 November 2024

The Shire expands in Kraków

GTC, in collaboration with The Shire Beyond Coworking, is opening a new coworking space in Kraków's Korona Office Complex.

schedule 04 November 2024

Newly modernised Alfa attracts tenants

Strabag PFS has moved into the Eurocentrum Alfa office building in Warsaw, owned by CPI Property Group Poland. The lease agreement is for over 1,000 sqm.

schedule 04 November 2024

Office pre-leases make a comeback in Warsaw

According to “Office Occupier – Warsaw Office Market, Q1-Q3 2024”, a report published by Newmark Polska, in the Q3 of 2024, both leasing and development activity on the Warsaw office market remained largely consistent with the levels recorded in the previous quarter.

schedule 31 October 2024

The largest office deal in Łódź

A pharmaceutical company has leased 6,000 sqm in the GTC-owned Sterlinga Business Center office building in Łódź. This is the largest office deal in Łódź in 2024.

schedule 30 October 2024

Warsaw office market stable

Cushman & Wakefield has summarised the situation on the Warsaw office market for Q3 2024. Office take-up, both in leasing volumes and transaction numbers, was comparable to that recorded in the same period in 2023. Meanwhile, muted development activity, falling vacancy rates and shrinking land availability are likely to encourage investors to launch redevelopment projects.

schedule 30 October 2024

BGK stays in Varso

Bank Gospodarstwa Krajowego has decided to extend its lease agreement for 13,600 sqm of office space in Varso Place. The company occupies five floors of the building.

schedule 24 October 2024

Silesia Star with a new tenant

L3Harris, a company focused on the production of electro-optics for industry, law enforcement, emergency services and the military, has a new office in the Silesia Star office building in Katowice.

schedule 23 October 2024

Sirius fully commercialised

Sirius Offices in Belgrade is fully leased. The office complex was built and remains owned by Erste Group Immorent, a subsidiary of Erste Group Bank.

schedule 23 October 2024

Ace of Space take off

Globalworth is launching a new brand of flexible offices, Ace of Space. Tailored to the needs of the company, space will be available to rent in Warsaw, Wrocław, Kraków, Katowice and Gdańsk.

schedule 22 October 2024

Grundmanna Office Park A is ready

Cavatina Holding has obtained an occupancy permit for the Grundmanna Office Park office building in Katowice. Building A will provide almost 21,000 sqm of office space and approx. 1,000 sqm of service areas. This is the developer's second investment in the city after Global Office Park. 

schedule 18 October 2024

HCLTech stays in building managed by EPP

HCLTech is staying at Krakow's O3 Business Campus for the next five years. The tenant occupies four floors with a total leasable area of over 7,000 sqm. 

schedule 18 October 2024

Lawyers remain at the top

Two law firms have decided to extend their existing leases in the Metropolitan Warszawa building. In total, Gide Loyrette Nouel and Norton Rose Fulbright will occupy more than 3,000 sqm of office space.

schedule 17 October 2024

Techstep takes second floor in Officyna 

Techstep Poland is moving its office to Officyna in Gdańsk. The company, which offers business mobility management solutions, has leased approx. 460 sqm in the office building.

schedule 15 October 2024

New neighbourhood in the heart of Lublin

A mixed-use complex on ul. Ewangelicka in Lublin has been granted a building permit. The size of the project developed by the KKL company is over 17,800 sqm.

schedule 14 October 2024

The Warsaw office market according to PINK

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.

schedule 11 October 2024

Business and entertainment on the 46th floor

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.

Edition 11 (293) November 2024

Latest comments

Categories

Log in

Forgot your password? Reset password

Your order

Your data
Create an access password
The password will allow you to access the materials from any device
Invoicing data
Order summary
Net order
VAT (%)
Gross order
Already have an account? Log in
Payment security is ensured