News

Magda Rachwald

Listen in to the latest episode of Eurobuild FM! This time it takes the form of a hot report straight from Żabka’s biggest and most modern logistics centre, near Radzymin, about 35 km northeast of central Warsaw.

Germany Garbe tops out ceremony near Bad Hersfeld

Garbe has held the topping ou ceremony for a 96,000 sqm logistics centre developement on a 19.1 ha plot n an industrial area of Mecklar-Meckbach, near Bad Hersfeld in central Germany. Around EUR 100 mln is to be invested in the project, which is expected to be completed by the end of this year.

Poland Polish Silicon Valley flies high

Subcarpathia continues to gain importance and is likely to become a leading east-west transshipment hub supporting the rebuilding of Ukraine. Its potential has also been recognized by industrial developers who are building warehouses and securing land for future projects in the region.

Europe Rents set to continue to rise

According to Savills latest European Logistics Outlook, growth in prime rents is set to remain robust across the continent having increased by 10.4 pct in the last four quarters. This is despite vacancy creeping up to 3.5 pct in Q1 2023, reflecting the impact of slower leasing activity.

Poland Pruszków to be fully charged

Teamtechnik Production Technology will have a stake in the GigafactoryX project in Pruszków. The aim of the investment, which is being carried out by Impact Clean Power Technology, is to set up a factory for battery systems for electric vehicles.

Poland Resi4Rent with funding

Resi4Rent has secured financing worth PLN 613 mln to expand its portfolio of flats. The platform will use the funds raised to build 2,700 new units in Kraków, Wrocław, Poznań and Gdańsk.

Germany Commerz Real acquires Mynd

Commerz Real has purchased in full the Mynd office high-rise and Galeria Weltstadthaus store at Berlin Alexanderplatz from Signa Prime. The project is currently under construction.

HUNGARY IT crowds into Telekom HQ

Deutsche Telekom IT Solutions has moved into its new Hungarian head office in Telekom HQ, which has been developed by Wing in Budapest.

POLAND Retro move for LeverX

Business software developer LeverX has leased 3,200 sqm in Retro Office House in Wrocław, which forms part of Globalworth’s portfolio.

LITHUANIA East Capital seals Duetto deal

Baltic Horizon Fund has finalised the sale of its 100 pct stake in its BH Duetto UAB vehicle to East Capital Real Estate Fund IV for EUR 37 mln.

SLOVAKIA ZFP adds L12 to portfolio

ZFP realitní fond, managed by ZFP Investments, has acquired the Landererova 12 office building in Bratislava from JTRE for an undisclosed sum.

Residential

Germany German cities show resilience

16 June 2023

The Empira Group has conducted a supply analysis of the residential property market in Germany's top 8 cities in the context of demographic and economic developments. The results of this analysis show that residential markets in German metropolitan areas are moving away from ownership towards rental.

Poland Intel clicks on Poland

16 June 2023

Intel will invest almost PLN 20 bln in a new factory near Wrocław. The Polish Investment and Trade Agency (PAIH) and the Industrial Development Agency (ARP), in cooperation with the Ministry of Digitalisation and the Legnica Special Economic Zone, were responsible for the substantive handling of the investment.

Poland Santander finances in Poznań

16 June 2023

Panattoni has started the construction of Panattoni Park Poznań East II with an area of approximately 35,000 sqm. The project will be financed by Santander Bank.

Poland Maxxing out in Sulechów

15 June 2023

The largest distribution center in continental Europe for TJX Europe, the owner of the TK Maxx chain, has been built in Sulechów. The 61,000-sqm facility will be officially opened later in June.

Romania COS launches R&D Workspace Centre

15 June 2023

COS continues its national development strategy and announces the premiere launch of a Research & Development workspace Centre in the Northern area of Bucharest, following a 1.6 million EUR investment.

Germany Kreisler is topped out

15 June 2023

The outline of the Kreisler building on the corner of Baseler Straße and Gutleutstraße in Frankfurt can already be discerned – the shell of the building has been completed.

Residential

Poland New life for historic Szczecin building

14 June 2023

The Capital Park Group has received permission to modernize a historic building in the centre of Szczecin. Rezydencja Aleja Fontann, a residential building with 62 flats will be built there.

Poland Cartonplast remains loyal to Logicor

13 June 2023

Cartonplast, a company specialising in the supply of plastic dividers and pallets, extends its lease agreement for more than 3,600 sqm of warehouse and office space at the Logicor Mysłowice facility.

Poland More fragrant near Łódź

13 June 2023