Warehouse & industrial
Furniture and lighting online retailer The Home has leased 8,000 sqm in Logicor Bucharest II Logistics Park.
Investment & finance
A manufacturing and warehouse BTS facility built by Panattoni in Tczew (about 30 km south of Gdańsk) has been sold for EUR 26 mln to US investor LCN Capital Partners.
Warehouse & industrial
In the largest deal of Q1 2023 in the Kraków market, MCG EastBridge has leased almost 37,000 sqm of warehouse and office space at GLP Kraków Logistics Centre III for a central operations base for the CEE and SEE regions.
Office & mixed-use development
Karimpol Group has received a building permit for the second phase of the Skyliner office complex in central Warsaw. The 130m building is to be built next to the first phase, on the Rondo Daszyńskiego roundabout in the Wola business district.
Hotels
JW Marriott is opening the JW Marriott Jeju Resort & Spa in Seogwipo, South Korea. The chain's new luxury hotel stands atop a cliff and offers views of the coastline of the volcanic island of Jeju, dubbed Korea's Hawaii.
Office & mixed-use development
Despite significantly lower prices than in Prague, markets for office real estate in Brno and Ostrava are struggling with rising vacancy, according to Colliers.
Retail & leisure
Mitiska REIM has announced the opening of a new retail park development in the city of Giurgiu, located in southern Romania.
Office & mixed-use development
Lingaro Group, a data services partner to global enterprises, will join the tenants of the P180 office building developed by Skanska in Warsaw at ul. Puławska. The new tenant will occupy approx 3,400 sqm of space.
Office & mixed-use development
The hotel section has opened of Montownia Lofts & Experience – the latest stage of Euro Styl’s Doki development in the Młode Miasto revitalisation of the former Gdańsk shipyard.
Warehouse & industrial
Construction of the second phase of the SBU Multipark Bydgoszcz complex developed by LCP Properties is nearing completion. Leasing of the new part is underway, and it is scheduled to open in spring 2023.
Investment & finance
Newport Logistics Fund II, a fund investing in development of warehouses in Europe, was established in Luxembourg as an investment company. Second fund is looking to raise 100 mln EUR for further investments in Western Europe.
Retail & leisure
Trei Real Estate has just opened another two retail parks of its Vendo Park brand in Poland. The properties are located in Zambrów and in Kraków. The two retail parks have a combined lettable area of around 11,000 sqm, and the investment volume adds up to circa EUR 16.4 mln.
Office & mixed-use development
As part of its UK urban regeneration project, Cordia has completed the renovation of the listed building that houses its local HQ. The developer has restored the former Lloyds TSB Bank landmark asset, offering seven commercial spaces for mixed uses, including office and retail.
Investment & finance
Belgian investor Mitiska REIM has acquired the 67,000 sqm gla Europa Centralna shopping complex in Gliwice from Sierra Balmain for an undisclosed sum.
Investment & finance
Moje Miejsce II, the second office building of Echo Investment’s multifunctional project in Warsaw, has been acquired by Czech investor Trigea Real Estate Fund for EUR 45 mln.
Office & mixed-use development
The average office fit-out costs in Romania increased by around 20-30 pct in 2022, due to rising prices, supply chain disruptions, and higher materials’ costs, but also as a result of the increased labor costs. Therefore, companies incurred average expenses of EUR 820 per sqm of office space, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
Warehouse & industrial
Ideal Idea has completed phase two of the expansion of its warehouse and office park at the boundary between Warsaw and Raszyn. The new facilities at City Park Warsaw II, created in the SBU model, are built in compliance with BREEAM standards, meeting strict requirements for environmental protection, and optimization of operating costs.
Warehouse & industrial
CTP has acquired a portfolio of warehouses totalling over 100,000 sqm in Romania from French operator FM Logistic. The supply chain services company will continue as a CTP tenant for the long term.
Office & mixed-use development
Up Fitness Club with a Mission enters Wrocław as yet another tenant at the Infinity – an office building being built by Avestus Real Estate in cooperation with its business partner Alchemy Properties at Plac Jana Pawła II. This modern club will occupy almost 1,350 sqm of space on the building’s first floor. The place is scheduled to open in Q4 2023.
Investment & finance
The Echo-Archicom Group closes the year 2022 with a strong cash position and further reduced net debt of the company. This is the result of sale of seven office buildings worth nearly EUR 320 mln.
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The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
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Bonard has entered into a partnership with private equity fund Spire Capital Partners (SCP), which has taken a minority stake in the company. Bonard's ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
The implementation team for the next stage of the construction of the new main building of the Henryk Arctowski Polish Antarctic Station has reached K ...
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The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
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 ...
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LCP Poland, part of M Core, has opened a retail centre in Silesia. c comprises 9,500 sqm of gla.
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