News

The Marynarska Business Park office complex in Warsaw’s Służewiec district, which is being modernised by Syrena Real Estate and PineBridge Benson Elliot, has received two certificates: WELL Health-Safety Rating and WiredScore at Silver level.

Poland Seifert and Daimler Truck take Stryków

Seifert Polska and global truck manufacturer Daimler Truck have leased almost 6,900 sqm at Segro Logistics Park Stryków. This is another location where Seifert will provide services to the concern.

Poland Nowy Rynek E comes into use

Two years after construction work began, building E of Poznań's Nowy Rynek office complex has been granted a use permit. The first tenants of the office building completed by Skanska will move into their offices in July this year.

Investment & finance

Poland Retail parks bring profits

According to Walter Herz, investments in the real estate market are coming through regardless of the difficulties in the economy, but housing construction has temporarily slowed down. Warehouses have slowed down, while retail parks are still gaining momentum.

Hotels

Serbia Radisson RED to arrive in Belgrade

25 April 2023

Radisson Hotel Group has announced the debut of its Radisson RED brand in Serbia with the signing of Radisson RED Belgrade, set to open later this year. Located just minutes from the capital’s historic centre, the hotel is the first Radisson RED branded facility to be operated by PPHE Hotel Group’s Croatian subsidiary Arena Hospitality Group.

CEE GTC's portfolio with major changes in 2022

25 April 2023

GTC reported rental income of EUR 167 mln in 2022, compared to EUR 172 mln in 2021. The decrease was due, among other things, to the sale of the group's Serbian portfolio and lower occupancy levels in Polish and Romanian office buildings.

Poland One More Level on the top floor

One More Level, a Kraków-based studio that produces and releases games for consoles and computers, will this summer open its headquarters on the top floor of Building D in Quattro Business Park in the city.

Poland Norblin with no barriers

The Norblin Factory mulfunctional complex in Warsaw's Wola district has received Barrier-Free Building (‘Obiekt Bez Barier’) certificates from Fundacja Integracja. Both the new and historic buildings of the complex owned by the Capital Park Group have been certified for architectural accessibility and adaptation to the needs of various users, including people with disabilities, the elderly, those with temporary disabilities, and parents with children.

Poland No new Warsaw offices in Q1 – Newmark

According to the ‘Office Occupier – Warsaw Office Market’ report by Newmark Polska, the first three months of 2023 saw no new office completions in Warsaw, while occupier activity weakened and the capital’s vacancy rate remained flat compared to the previous quarter. Developers are, however, commencing or planning new office projects in the city.

Poland Bosch pumps it up in Lower Silesia

Bosch will build a heat pump factory in Dobromierz near Wałbrzych in Lower Silesia in an investment of app. PLN 1.2 bln.

Poland Onwelo comfortable in Łódź

In June, Polish IT company Onwelo is to move into 1,200 sqm in the Brama Miasta office building, which has been developed by Skanska in Łódź.

Poland Café, jazz and dragon in the office

21 April 2023

Panattoni has leased almost 600 sqm in the W3 building on ul. Wadowicka in Kraków, where a team of 20 people that serves the Podkarpackie region is to work. The office space has been finished based on a unique design by Panattoni drawn up in collaboration with Massive Design.

Poland Legal eagles fly into Renoma

20 April 2023

Olesiński and Wspólnicy, a consulting company, has chosen office space in the redeveloped Renoma for its new Wrocław base. The lawyers and advisors are to lay out their 2,200 sqm office on the second floor of the building in the administrative capital of Lower Silesia.

Poland Another Panattoni construction in Pomerania

20 April 2023

Panattoni has launched construction work on Panattoni Park Tricity East III, which on completion will comprise 44,300 sqm, of which 33,600 sqm has already been leased.

Germany Garbe celebrates with BCube

20 April 2023

Construction work on the new production and logistics property in Hörselberg-Hainich is progressing rapidly: six months after the first excavators rolled in to prepare the ground for the foundations, Garbe Industrial Real Estate as the project developer and BCube Logistik GmbH as the tenant celebrated the topping-out ceremony. The property, with a total area of 35,000 square metres, is scheduled for completion in autumn.

Land acquisitions

Czech Republic Logicor turns on to Turnov

19 April 2023

Logicor has acquired an app. 10 ha brownfield site near Turnov, in the municipality of Příšovice, about 90 km northeast of Prague.

Hotels

Poland Five stars under the Wawel

The five-star 12-14 Stradom House hotel in Kraków is already welcoming its first guests. The property operates under the Autograph Collection brand, which is part of the Marriott International chain. Angel Poland Group is responsible for the development of the hotel.

Investment & finance

Lithuania EUR 92 mln for renewable energy

The investment company Atsinaujinančios Energetikos Investicijos (AEI) raised almost EUR 92 mln in just two years. Its manager Grėtė Bukauskaitė says they are delighted but not surprised by the popularity of renewable energy investments.

Investment & finance

Poland NREP poised to buy major 7R stake

Eurobuild CEE

Danish real estate investor NREP has submitted an application to the Polish competition authority UOKiK to acquire “joint control” of Polish warehouse developer 7R.

Residential

Poland Echo and Archicom restructure