Human resources
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 supervisory board. From the beginning of 2025, Mikołaj Konopka, current member of the management board and co-founder and president of Euro Styl, will take over the reins of the company.
Retail & leisure
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.
Warehouse & industrial
At the end of the year, the Düsseldorfer Großmarkt will close its gates at its current site and find a new permanent home at the City Dock Düsseldorf Hilden, built by Panattoni.
Property and Facility Management
Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw market.
Office & mixed-use development
According to the regular quarterly office property market survey published by Colliers, Prague's office market grew by four attractive, new buildings in Q2, offering nearly 44,000 sqm of modern class A office space. Even though a large part of these properties found tenants before completion, the overall vacancy rate has slightly increased.
Retail & leisure
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.
Office & mixed-use development
Doraco has leased 1,000 sqm in Warsaw's Nowy Saski Crescent office building. The company will move into the building owned by CA Immo later this year.
Warehouse & industrial
VGP has signed a lease agreement with Miele Tehnica Brașov, a subsidiary of the German Miele group, for 2,000 sqm, within VGP Park Brasov. The company will use this space to assemble motors and pumps for Miele appliances.
Warehouse & industrial
Real Management has signed an agreement with Sales Service for the lease of more than 5,000 sqm of warehouse and office space at Good Point V warehouse and production park in Łubna near Warsaw. The facility has thus been fully commercialised.
Residential
StudentSpace, a student housing platform, launched earlier this year by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, announced the start of the construction of its first investments.
Retail & leisure
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.
Hotels
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.
Investment & finance
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.
Warehouse & industrial
According to the latest report from Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in Q2 2024, reporting the highest leasing volume in Europe. In addition, Poland’s total industrial stock is poised to soon surpass the 35 mln sqm mark.
Warehouse & industrial
CTP has handed over a newly completed 18,000 sqm industrial and logistics building in CTPark Žatec to Fiege, a provider of logistics and transport services in Europe.
Investment & finance
Logistics platform Trademarc has sold a warehouse in Teresin, near Warsaw. The area of the BTS facility is almost 37,600 sqm.
Investment & finance
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.
Office & mixed-use development
At the end of Q2 2024, more than 40 pct of offices in the oldest office buildings in Poland’s regional cities remained vacant, with their office markets experiencing stable vacancy rates and subdued development activity, reveals BNP Paribas Real Estate Poland in its latest report “At a Glance – Regional City Office Markets Q2 2024”.
Office & mixed-use development
Seargin, an international technology and consulting company, has extended its contract and leased over 1,900 sqm of space in the Garnizon Hiro office building in Gdańsk. The company has doubled the space it previously occupied.
Investment & finance
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 ...
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 ...
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 ...
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 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 ...
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 ...
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 Brzez ...
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 secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.
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 ...
The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occ ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
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 faculti ...
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 ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
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 ...
According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agree ...
