News

Nathan North
managing editor (English section)

Czech real estate investor Trigea nemovitostní fond has acquired City Logistics Wrocław II from Panattoni for an undisclosed sum.

ESG

Europę The structure of energy consumption

The concentration of population in rural areas, lower construction standards and less service-driven economy contribute to the divergence between the CEE region and Western Europe' structure of energy consumption - reveals Colliers new report “The Journey Towards ESG Compliance 2022/2023”.

Romania Bucharest attracts with competitive rents

Around 500,000 sqm of office spaces are unoccupied in Bucharest, reflecting a vacancy rate of 15.2 pct. 50 pct of the total vacant spaces can be found in buildings developed over 15 years ago, most of them requiring investments to attract new tenants.

Serbia Leasing surges for CTP in Serbia

Serbia’s emergence as a manufacturing base with a skilled cost-effective labour force in close proximity to neighbouring EU markets, is driving a surge in leasings and built-to-suit developments across CTP’s four industrial and logistics parks in the country.

EurobuildCEE

Karol Bartos (1980-2023)

Eurobuild CEE

It is with great sadness that we learn of the death of Karol Bartos, one of the most well-known and distinguished personalities on the Polish real estate market, to which he has made an immense contribution down the years. To his family and friends we offer our deepest condolences.

Events

Poland Poland up for MIPIM awards

Opr./edited by JC

MIPIM announces the finalists of the MIPIM Awards, a real estate competition for completed or yet to be built projects around the world. This year, two Polish projects have been nominated in a total of three categories.

Investment & finance

Poland Greenman takes over Newbridge

Opr./edited by JC

Ireland-based Greenman Group, the parent company of grocery real estate investment fund manager Greenman Investments, has expanded into Poland with the acquisition of retail asset manager and developer Newbridge Poland.

Romania Egis moves to America House

French engineering and construction group Egis has leased 1,100 sqm in America House in Bucharest. The Romanian branch of the company will move into its new headquarters in the summer of 2023.

POLAND Record-breaking year for 7R

The total value of properties divested in 2022 by 7R totalled more than EUR 430 mln - a record for the Polish warehousing developer.

POLAND Raben 1st into Hillwood Częstochowa-Miasto

Opr./edited by NN

Raben Logistics Polska has leased 5,100 sqm in Hillwood Częstochowa-Miasto, becoming the first tenant to lease space in the city warehousing park, which is under construction.

Czech Republic CTP Prague North bigger and greener

CTP is nearing the completion of a new building at CTPark Prague North. The new warehouse, with the working name D8.7B, will offer 32,000 sqm upon its completion in March 2023.

Green projects

Romania Towards a sustainable future

Globalworth received 47 various ESG related certifications for its Romanian portfolio in 2022, among them LEED, BREEM, WELL Health & Safety and Access4you accreditations.

Poland GTC blooms in Warsaw

Property and Facility Management

Opr./edited by JC

GTC closed the year by achieving a very high occupancy rate for its office buildings in Warsaw. Particularly important for GTC's result was a contract-laden end of the year. The company signed office leases from its Warsaw portfolio for nearly 20,000 sqm, 34 pct of all transactions were new tenants.

Poland Face to face with Savills

Business Campus, an office complex in Katowice with a combined area of close to 50,000 sqm, has a new property manager. Its owner, a joint venture of the Czech fund INVESTIKA realitní fond and Luxembourg-based private equity investor Bud Holdings, has entrusted real estate advisory firm Savills to provide property management for the complex.

Poland PINK’s data on the regional office market

Polish Chamber of Commercial Real Estate (PINK) has published figures summarizing office market in major regional markets in Poland for Q4 2022. The data is sourced from advisory companies BNP Paribas Real Estate, CBRE, Colliers, Cushman&Wakefield, JLL, Knight Frank, Newmark Polska, Savills) and includes information on existing modern office stock, new completions, take-up volumes and vacancy rates.

Investment & finance

CEE Romania remains an attractive market

The total volume invested in income-producing real estate assets - office, retail, logistics and industrial spaces and hotels - in the Central and Eastern Europe returned to growth last year. According to Cushman & Wakefield Echinox experts, a positive evolution is mainly driven by the activity recorded in Romania and Slovakia.

Poland At work by the lake

Three new tenants are moving into Malta Office Park, a Poznań office complex located by the Malta Lake. The total area covered by the contracts is nearly 750 sqm of A-class office space.

POLAND Bidfood first into biggest Prologis spec shed

27 January 2023

Opr./edited by NN

Catering products supplier Bidfood Farutex has become the first tenant of Prologis’ largest ever speculative building, having leased 9,795 sqm at Prologis Park Wrocław III.

Poland Interest and optimisation

27 January 2023

In 2022, the demand for offices in Warsaw exceeded 860,000 sqm. The highest tenant activity could be seen in Q1 and Q4 of the previous year. Traditionally, most Warsaw offices were contracted by companies from the financial sector, business services and the IT industry.

Retail & leisure

POLAND Forum Gdańsk has new manager

27 January 2023