The Czech industrial market grew at rapid speed in 2022. Almost 1.1 mln sqm of new space was added to the market, that is over 155 pct of the 5-year average annually completed space and the highest figure on record for the Czech market.
CA Immo has concluded 45 lease agreements with a total of nearly 29,000 sqm of office space in Warsaw in the past year, 20 pct of which in Q4 of 2022. The company has also introduced a green lease initiative in 2022, governing mutual commitment of landlord and tenant to optimize sustainable building operations. Since May 2022, 23 green lease agreements have already been concluded.
In 2022, the Warsaw office market recorded one of the highest levels of demand in history at over 860,000 sqm, with its structure including a preponderance of new leases and relocations, as well as expansions over renegotiations. According to Savills, nominal rents are stable and rising mainly due to indexation, however service charges represent an increasing proportion of the total rental costs.
VGP has completed the construction of the last hall at VGP Park Hrádek nad Nisou. The facility of more than 30,000 sqm was built for the Drylock Technologies company, which also occupies the other previously built halls of the industrial park.
Thinking about the summer already? Well, we are too! In just four months' time, the biggest sports event for the real estate sector in Poland will take place – Eurobuild's annual golf and tennis tournaments! Make a note of the date today – Friday, June 2nd!
According to a survey by Colliers, the Prague office market should grow to the 4 mln sqm mark by 2025. Although the supply of newly completed space increased by 34 pct year-on-year, the total volume was again below the long-term average of approx. 130,000 sqm per year. Yet, 2023 is expected to bring about some changes. This is mainly due to developers' plans to start construction of up to 300,000 sqm of office space.
Markets are expected to remain subdued in H1 2023 due to the negative sentiment in the economy, the significantly higher financing costs and the subsequent pricing correction that is currently playing out in both CEE and many other global markets, reveals a report by Colliers: CEE Investment Scene 2022/2023.
Report authors from BNP Paribas Real Estate Poland anticipate investment volumes for 2023 to remain on a par with last year and the long-term transactional activity to be driven by the billions of euros that Poland is likely to receive from the EU’s budget.
Panattoni has fully commercialised Panattoni Park Toruń. Stork, a company that provides logistics for clients from the food industry, has leased over 11,000 sqm and is to serve the Eastern European market from the centre.
MDC², a developer of sustainable warehouse and logistics space operating on the Polish market, and Generali Real Estate (through its pan-European Generali Real Estate Logistics Fund) have concluded the lease of a 36,200 sqm building within MDC² Park Kraków South. The medical technology company will begin operations in the facility later this year.
Real Management has finalised the purchase of a 13.3 ha development plot in Łubna, on national road 79 connecting Warsaw, Piaseczno and Góra Kalwaria.
VGP NV, a European owner, operator and developer of logistics and commercial real estate, announces the win of Rhenus Warehousing Solutions as an anchor tenant for its VGP Park Magdeburg-Sülzetal for the period of ten years. The logistics service provider will move into around 73,816 sqm of commercial space.
Tattersall Lorenz will take over both the technical and commercial property management for a GLP Germany portfolio of 46 properties commencing April 1, 2023.
In an exclusive interview with Eurobuild, Dariusz Węglicki, stepping down head of the Polish branch of Catella Residential Investment Management, reveals details surrounding the sale of the Złota 44 flat portfolio and the company's withdrawal from Poland
Quest Investment Partners has rented the entire office space of the currently developed Tichelhaus property in Hamburg. The telecommunications company o2 Telefónica will move to the new 7,000 sqm location at the end of 2024.
VGP has concluded a partnership with Golden Provider Distribution, a distributor for the HoReCa sector, for an area of 4,200 sqm within VGP Park Bucharest Nord. The tennant has increased its storage capacity by relocating the warehouse in VGP Park Bucharest Nord, to a new, larger unit, with areas dedicated to the storage of ambient, refrigerated and frozen products.
A growing list of European and international exhibitors have confirmed their participation at MIPIM, the world’s largest international real estate event. The 2023 edition expects to attract 23,000 delegates from over 90 countries, which is 15 pct more compared to last year.
Baltic Horizon Fund has signed an agreement to sell the Domus Pro office building and retail park in Vilnius to Lithuanian fund UAB PREF III for app. EUR 23.5 mln.
Czech warehousing investor Accolade and its development partner Panattoni have completed the first modern warehouse park in Elbląg in northern Poland.
Panattoni has signed an agreement with Shein. The e-commerce clothing giant has leased the area of almost 55,000 sqm and will start operations in Panattoni Park Wrocław South Hub as early as this quarter.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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 ...
Moderna's Warsaw office in the Warsaw Unit office building has been awarded WELL v2 certification with the highest possible rating of Platinum.
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
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 hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airp ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Heimstaden has secured a EUR 110 mln Sustainability-Linked loan for its residential developments in Warsaw and Kraków. Under the terms of the loan, t ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Atlas Estates has been granted a significant loan facility from Bank Pekao SA. The loan will primarily be used for the refinancing of the Hilton Warsa ...
Crosspoint Real Estate, the international associate of Savills in Romania, brokered office lease transactions totalling over 6,000 sqm in the first ha ...
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
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 ...
Over the next two years, the number of beds in private student residence halls will increase by 70 pct, according to the latest analysis by Knight Fra ...
Romania’s retail market continues to attract a growing number of international brands, according to data from the Cushman & Wakefield Echinox real est ...
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 ...
At the end of Q2 2025, the total modern industrial stock in Hungary came to almost 6 mln sqm according to figures from the Budapest Research Forum. Mo ...