H&M in Sarni Stok
Retail & leisureschedule 27 August 2012
POLAND H&M is to open a store in the Sarni Stok shopping centre in Bielsko Biała. The outlet will occupy an area of 1,850 sqm.
Office & mixed-use development
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.
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.
ESG
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive these certificates for a building already in use.
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.
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.
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.
German department store chain Woolworth has signed a lease agreement for almost 1,000 sqm in the Galeria Słoneczna shopping centre in Radom.
Refield is starting the development of the first retail park in Środa Wielkopolska. Pasaż Średzki is expected to open in 2026.
Newgate Investment has acquired a completed retail park in Zgorzelec with over 5,400 sqm GLA. The seller was Smart Park Poland.
One United Properties is carrying out restoration works on the former Ford Hall in Bucharest, which will be modernized into a mixed-use space. In addition to offices and a food market concept, One Gallery will feature a museum area, as well as a multifunctional hall.
San Park Piaseczno, a retail park developed by Ed San III Sancak, has been officially opened. The complex offers a total of more than 40 shops and service outlets.
According to data from the Cushman & Wakefield Echinox, retail projects totalling more than 87,000 sqm were delivered throughout H1 2024, corresponding to a sharp increase when compared with the 30,000 sqm new supply from the same period of 2023. This year’s evolution was mainly fuelled by Q2 completions.
San Park Piaseczno, the largest retail park currently under construction in the Mazovia voivodship, will open on 4 September. The retail park, offering a total of nearly 40 shops of brands from many sectors, was fully commercialised a few weeks before the opening.
The Big Gorzów retail park opened a month ahead of schedule. The park was built on an 8 ha site in the north-eastern part of Gorzów Wielkopolski. It will serve 160,000 buyers from the city and the region. On the day of the opening, around 10,000 visitors had visited by 2 pm.
According to Colliers "Luxury Retail Brands in CEE-6” report, key factors attracting luxury brands to Central and Eastern Europe include local wealth, the growing desire among customers for a Western standard of living, and the potential of cities to attract large numbers of tourists and visitors.
Mitiska REIM has announced on behalf of the Merep 3 fund a joint venture partnership with Park Lane Developments to develop retail parks in Bulgaria.
Twenty brands debuted on the Czech retail market between January and the end of June, the highest ever recorded in the first six months of a year. The biggest categories were Health and Beauty and F&B. All but one of the new brands opened in Prague, the other setting up shop in an outlet centre in the Moravian town of Hatě.
Cushman & Wakefield has summarised the situation on the Polish retail market in Q2 2024. There were eight new retail completions with the development pipeline comprising app. 400,000 sqm. This indicates healthy supply levels amid unwavering occupier demand and strong retail sales, shopping centre footfall and turnover figures.
One United Properties announced the lease of a retail space with a GLA of 3,600 sqm on the ground floor of One Gallery building, including terraces and storage spaces. The contract has been signed with Tomcat Hospitality.
Romanians spent EUR 36 bln in large retail chains, an amount 11 pct higher compared with 2022, out of which the FMCG spending accounted for EUR 22.5 bln (more than 60 pct share), according to the Romania Retail Snapshot 2024 performed by the Cushman & Wakefield Echinox, based on the financial results of 116 companies from 12 different retail segments.
Romanians spent EUR 63 mln in cinemas last year, an amount 25 pct higher compared with 2022, as ticket prices also recorded a 8.2 pct y-o-y increase, according to the data offered by the Romanian Film Center and analyzed by the Cushman & Wakefield Echinox.
CBRE Romania has announced its exclusive involvement in the leasing strategy of H Știrbei Palace, a historical monument located in the heart of Bucharest. After the completion of the renovation works, Știrbei Palace aims to become a landmark shopping gallery for luxury brands in South-Eastern Europe.
Mitiska REIM has announced the opening of a new retail park in Jastrzębie Zdrój, a city of 90,000 inhabitants in southern Poland. Developed in partnership with Karuzela Holding and owned in joint-venture with the FRI 2 fund, this latest opening is the third retail park development opened in Poland by Mitiska REIM and Karuzela Holding in the past nine months.
The Żabka Group has opened its first shops in Romania. Over the past month, five outlets under the Froo banner have opened in Bucharest.
Norblin Factory has a new event space. The Event Hall is a 670 sqm area outfitted in an industrial style, designed for events up to 500 guests.
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
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 ...
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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 ...
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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 ...
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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.
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