PL

Office activity on the rise

Office & mixed-use development
ROMANIA Approximately 130,000 sqm of office space is actively under construction and expected to be delivered in the next 18 months in Bucharest, according to Colliers International.
According to the number of projects that have already been announced, a further 125,000–200,000 sqm should be delivered in 2014 and 2015. In the first six months of 2012, 40,000 sqm of modern office stock was added in three projects, of which two are already fully leased. Out of the total office space currently under construction, 85,000 sqm is located in the Floreasca-Barbu Vacarescu area. A total of 650,000 sqm of leases will expire between 2012 and 2014, which should result in a number of relocations and renegotiations. Asking rents remained stable in H1 2012. For pre-leasing transactions, rents were usually 15 pct less than the rent for an existing building in the same area. Pre-leases represented 40 pct of the 72,000 sqm lease transactions in H1 2012.

Latest news

Office & mixed-use development

Poland State Street Bank stays in Alchemia

schedule 09 October 2024
Opr./edited by ANZ

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.

Material partner

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

schedule 07 October 2024
Eurobuild CEE

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.

Investment & finance

Poland Park Szczecin VI gets green financing

schedule 09 October 2024
Opr./edited by ANZ

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

Poland Deloitte chooses Hi Piotrkowska

schedule 09 October 2024
Opr./edited by ANZ

Deloitte has leased over 900 sqm in the modern Hi Piotrkowska office complex in Łódź, a facility managed by Master Management Group.

ESG

Poland Environmental awareness in logistics is growing

schedule 08 October 2024
Opr./edited by ANZ

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

Poland Polkomtel chooses GTC

schedule 08 October 2024
Opr./edited by ANZ

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

Poland Tezeusz has chosen Galileo

schedule 08 October 2024
Opr./edited by JC

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

Poland Profbud builds with Robert Lewandowski

schedule 08 October 2024
Opr./edited by ANZ

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

Poland Kruk has moved into B10

schedule 07 October 2024
Opr./edited by JC

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

Poland Develia expands into student housing

schedule 07 October 2024
Opr./edited by JC

Develia has signed a letter of intent with Innova Capital and Solida Capital to develop student housing through an investment fund.

Warehouse & industrial

Poland SIG is staying with Prologis

schedule 07 October 2024
Opr./edited by JC

SIG, a supplier of construction products, has renewed its lease for 4,400 sqm of warehouse and office space in Prologis Park Wrocław.

Warehouse & industrial

Poland CTPark Warsaw West is ready

schedule 04 October 2024
Opr./edited by ANZ

CTP has obtained an occupancy permit for buildings WARS02 and WARS05, with a total area of 110,000 sqm. The facilities are part of the CTPark Warsaw West complex. The space will be occupied by Raben Group. The location in Wiskitki, near Warsaw, will be its 36th branch in the country.

Warehouse & industrial

POLAND InPost in MDC2 Kraków South

schedule 03 October 2024
Opr./edited by NN

Polish parcel dispatch company InPost has leased 11,000 sqm at MDC2 Park Kraków South. The BTS project is to be built on a site prepared exclusively for the tenant.

Investment & finance

Poland Future comes to Galardia

schedule 03 October 2024
Opr./edited by JC

The Galardia shopping centre in Starachowice has been acquired by Future Estate from London-based Stage Capital. It was opened in October 2014 and comprises 18,000 sqm gla.

Office & mixed-use development

Poland Maximum occupancy at Forest

schedule 03 October 2024
Opr./edited by JC

HB Reavis has signed seven-year lease agreements with Transition Technologies and other companies, which will occupy nearly 1,000 sqm of office space in the Forest campus in Warsaw. The building is now fully let.

Office & mixed-use development

Poland Saski Crescent sounds great

schedule 03 October 2024
Opr./edited by JC

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.

Residential

SLOVAKIA Metropolis life in Bratislava

schedule 02 October 2024
Opr./edited by NN

Czech property group Mint is finalising the construction of its premium Metropolis residential project in Bratislava, which will comprise 298 luxury apartments.

Interior design

POLAND Grainy effect for Viterra

schedule 02 October 2024
Opr./edited by NN

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 responsible for the design of the space.

Warehouse & industrial

Poland GLP is expanding in Silesia

schedule 02 October 2024
Opr./edited by JC

GLP has commenced construction of its second logistics centre in Gliwice. The facility will ultimately offer 57,000 sqm of warehouse and production space, located adjacent to the Katowice Special Economic Zone.

Office & mixed-use development

Poland Charities move into Diuna

schedule 02 October 2024
Opr./edited by JC

Syrena Real Estate, managing Diuna office complex in Warsaw’s Służewiec district, has made spaces available free of charge for statutory activities of Unicef Poland and the Wiosna Association. Both organisations have launched their activities and are running initiatives.

Latest in Office & mixed-use development

schedule 09 October 2024

State Street Bank stays in Alchemia

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.

schedule 09 October 2024

Deloitte chooses Hi Piotrkowska

Deloitte has leased over 900 sqm in the modern Hi Piotrkowska office complex in Łódź, a facility managed by Master Management Group.

schedule 08 October 2024

Polkomtel chooses GTC

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.

schedule 08 October 2024

Tezeusz has chosen Galileo

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.

schedule 07 October 2024

Kruk has moved into B10

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.

schedule 03 October 2024

Maximum occupancy at Forest

HB Reavis has signed seven-year lease agreements with Transition Technologies and other companies, which will occupy nearly 1,000 sqm of office space in the Forest campus in Warsaw. The building is now fully let.

schedule 03 October 2024

Saski Crescent sounds great

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.

schedule 02 October 2024

Charities move into Diuna

Syrena Real Estate, managing Diuna office complex in Warsaw’s Służewiec district, has made spaces available free of charge for statutory activities of Unicef Poland and the Wiosna Association. Both organisations have launched their activities and are running initiatives.

schedule 01 October 2024

Tenants feel good at Metropolitan

New leases and extensions have been signed for a total of 18,000 sqm in the Metropolitan Warsaw building. Companies such as HP and LCP Group have decided to continue their operations in the building.

schedule 01 October 2024

PIB takes 1.2k in West 4 Business

Insurance brokerage PIB Group is to occupy 1,200 sqm of office space in the West 4 Business Hub in Wrocław.

schedule 30 September 2024

Santander takes the top of the tower

Santander Bank Polska is to move into 25,500 sqm of The Bridge skyscraper, which is under construction in Warsaw's Wola business district, in the largest leasing transaction on the Polish office market since 2022.

schedule 27 September 2024

Legal move for Global Office Park

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.

schedule 25 September 2024

Meril takes a breath of Oxygen

Indian medical device producer Meril has leased 300 sqm for five years in the Oxygen Park office complex in Warsaw.

schedule 24 September 2024

Challenges and stabilisation

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.

schedule 18 September 2024

Strabag to develop Plaza Nova

Strabag Real Estate will develop Plaza Nova, a mixed-use complex in Kraków. The facility will be built on the site of the former Plaza shopping mall, which was demolished last year.

schedule 16 September 2024

Alioth is looking up

Alioth Group will join the tenant mix of the Varso Tower office building. In the spring of 2025, the company will move into an office on the 44th floor.

schedule 11 September 2024

The French on The Bridge

The French Institute has decided to change its Warsaw headquarters in September 2026. It has chosen the historical building of the former Bellona Publishing House, currently undergoing modernization as part of The Bridge.

schedule 10 September 2024

IBC gets even healthier

Siemens Healthineers has expanded its cooperation regarding office space lease with Deka Immobilien, the owner of the International Business Center complex in Warsaw.

schedule 05 September 2024

A considerable new demand rebound

According to data from the Cushman & Wakefield Echinox, the net office take-up in Bucharest across Q2 exceeded the renewal and renegociation transactional volume for the first time during the last two years, with a positive impact on the average vacancy rate, given that no new office projects were delivered in H1.

schedule 04 September 2024

Works are in progress in Vibe

Vibe, Ghelamco's latest project in Warsaw's business centre, is already fully leased. Companies that have already started working in the office building include Reckitt, an international consumer goods company, and MDDP Outsourcing.

Edition 10 (292) September 2024

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