News

Warehouse & industrial

POLAND Panattoni builds for Cornaglia in Bielsko-Biała

schedule 05 November 2021
Opr./edited by NN

A 33,200 sqm production plant is to be built for Italian automotive parts producer Cornaglia Group at Panattoni Park Bielsko-Biała IV in southern Poland.

Retail & leisure

POLAND Trei enters EUR 140 mln JV with Patron

schedule 04 November 2021
Nathan North
managing editor

London-based Patron Capital and German developer Trei Real Estate have entered a EUR 140 mln 75:25 joint venture to develop the latter’s network of retail parks in Poland.

Office & mixed-use development

Poland Two tenants in Mokotowska Square

schedule 04 November 2021

Harvey Nash and the Westinghouse Electric Company have signed leases for space in the Mokotowska Square office building in Warsaw.

Office & mixed-use development

Poland Four tenants in Forest

schedule 04 November 2021

Together, PUMA, Vorwerk, Sweco and a leading producer of garden care and outdoor power products have leased 4,500 sqm in the Forest office centre in Warsaw developed by HB Reavis.

Warehouse & industrial

Czech Republic Panattoni completes largest development of the year

schedule 04 November 2021

The grand opening ceremony has been held for the extended Tchibo distribution centre in Panattoni Park Cheb.

Warehouse & industrial

CZECH REPUBLIC GLP starts work on Brno park

schedule 04 November 2021
Opr./edited by NN

GLP has started the construction of GLP Park Brno Holubice, after receiving the approval of the local authorities for the project.

Warehouse & industrial

CZECH REPUBLIC VGP enlarges Olomouc park for Ardon

schedule 04 November 2021
Opr./edited by NN

VGP has started work on warehouse F of VGP Park Olomouc in Moravia after obtaining a building permit for its construction.

Investment & finance

CZECH REPUBLIC Schönfeld buys Brno plant from RSBC

schedule 04 November 2021
Nathan North
managing editor

Schönfeld & Co’s Premium Real Estate Fund has acquired the 17,000 sqm Reda logistics complex in Brno’s Slatina district for more than CZK 300 mln (app. EUR 11.8 mln) from RSBC.

Office & mixed-use development

Romania Workers long for the office

schedule 03 November 2021

Romanian employees wish to return to the office, which they associate with a return to normality, according to the ‘Back the Office’ report published by Cushman & Wakefield Echinox.

Warehouse & industrial

Czech Republic Busy time for Panattoni

schedule 03 November 2021

Panattoni had 300,000 sqm under construction in the Czech Republic during the third quarter of the year, making it the country’s most active warehouse and industrial developer.

Retail & leisure

Poland Foundation stone laid under Karuzela Puławy

schedule 03 November 2021

Construction work has begun on the Karuzela retail park in Puławy with the laying of the foundation stone.

Architecture and urban planning

CZECH REPUBLIC Penta and friends buy Prague plot

schedule 03 November 2021
Opr./edited by NN

Penta Real Estate, Kaprain Group and Sekyra Group have purchased a 2 ha plot from the University of Chemistry and Technology in Prague (VŠCHT) at the western end of Vítězné náměstí square in Prague 6.

Investment & finance

CZECH REPUBLIC Revetas sells final three of Project Papa

schedule 03 November 2021
Nathan North
managing editor

London-based Revetas Capital Advisors has completed the disposal of the three remaining properties in its Revetas Capital Fund II’s Project Papa office portfolio in Prague, bringing its total transaction value above EUR 100 mln.

Property and Facility Management

Hungary Colliers takes on Green Court

schedule 02 November 2021

Colliers has taken over the property and facility management of the Green Court Office building developed by Codic on Dózsa György út in Budapest.

Investment & finance

Europe New post pandemic world emerges

schedule 02 November 2021

Investment in the European real estate market is forecast to exceed last year’s level by at least 15 pct to reach around EUR 270 bln in 2021, with the living sectors and logistics markets likely to account for a significantly higher proportion of total investment than their historic averages, according to the latest figures from Savills.

Office & mixed-use development

Poland Little office activity across Poland

schedule 02 November 2021

Office lease transactions remain depressed due to the adoption of hybrid work models, while the technology sector is proving the most active in leasing office space, according to JLL.

Office & mixed-use development

Poland Global Office Park nears completion

schedule 02 November 2021

Work on the roofs has begun for two of the towers in the Global Office Park project under development in Katowice by Cavatina.

Office & mixed-use development

ROMANIA ProfiCircle moves to Globalworth Plaza

schedule 02 November 2021
Opr./edited by NN

ProfiCircle, a B2B marketplace for storage solutions and shopfitting, has leased 520 sqm in the Globalworth Plaza office building in Bucharest.

Investment & finance

CENTRAL EUROPE CTP enters Germany with DIR takeover

schedule 02 November 2021
Opr./edited by NN

Czech industrial developer CTP is to enter the German market through the app. EUR 800 mln acquisition of German counterpart Deutsche Industrie REIT-AG (DIR).

Office & mixed-use development

POLAND Colonnade for Skyliner

schedule 02 November 2021
Opr./edited by NN

Colonnade Insurance is to move the headquarters of its Polish branch into the Skyliner office tower in Warsaw, where it has leased 1,500 sqm.

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