News

Warehouse & industrial

Poland Cosentino Poland moves to Poznań

schedule 09 November 2022
Opr./edited by ANZ

A global provider of interior design products is joining MLP Poznań West as a new tenant. Cosentino Poland will occupy a total of over 4,100 sqm of modern space that will also include a showroom. The facility is slated for handover in early 2023. 

Warehouse & industrial

Poland 7R Park Goleniów II in new hands

schedule 09 November 2022
Opr./edited by ANZ

7R has completed the sale of 7R Park Goleniów II to Macquarie Asset Management. The BTS format warehouse, which is under development in Goleniów near Szczecin, comprises 62,500 sqm of modern logistics space and 3,100 sqm of office space. It is fully leased to German e-commerce company Fiege. 

Warehouse & industrial

Poland An ever-increasing Kraków Airport Logistics Centre

schedule 09 November 2022
Opr./edited by ANZ

Construction of the last hall at GLP Kraków Airport Logistics Centre is underway. Cummins will be the main user of the new facility, which is being constructed within the GLP logistics park in Modlniczka near Kraków. The building is expected to be ready next spring.

Warehouse & industrial

Poland Hart Logistics enters Panattoni Park Pruszków V

schedule 09 November 2022
Opr./edited by JC

Panattoni has signed another contract with a logistics operator. Hart Logistics has started using warehouse space in Panattoni Park Pruszków V a month after signing its lease agreement.

Office & mixed-use development

ROMANIA Prime Kapital launches EUR 330 mln Cluj project

schedule 08 November 2022
Opr./edited by NN

US real estate investor Prime Kapital has announced that it is to develop a large-scale urban regeneration project on a brownfield site in Cluj-Napoca in northwest Romania.

Warehouse & industrial

SLOVAKIA Extra 10k for BMW at Prologis Bratislava

schedule 08 November 2022
Nathan North
managing editor (English section)

Prologis is to develop a new 10,000 sqm building for BMW at Prologis Park Bratislava, where the German automotive group is an existing tenant.

Retail & leisure

POLAND Galeria Plaza demolition begins

schedule 08 November 2022
Opr./edited by NN

Strabag Real Estate has begun the demolition of Galeria Plaza in Kraków to make way for its development of a multifunctional complex.

Investment & finance

HUNGARY CPI transfers Budapest portfolio to S Immo

schedule 08 November 2022
Nathan North
managing editor (English section)

Vienna-based S Immo has finalised the acquisition of eight office buildings and a plot of land in Budapest from its new parent company and majority shareholder, Prague-based CPI Property Group, for EUR 238.3 mln.

Office & mixed-use development

Poland Challenging electricity prices

schedule 08 November 2022
Opr./edited by ANZ

The current geopolitical situation has destabilised energy markets, with the real estate also affected by rising electricity prices. Existing buildings account for close to 55 pct of energy consumed by the construction industry globally and for over 35 pct of greenhouse gas emissions, while almost 75 pct of buildings in the European union fail to meet energy performance requirements.

Office & mixed-use development

CEE Investors begin to adopt a wait-and-see approach

schedule 08 November 2022
Opr./edited by ANZ

Office investment dominated the first half of 2022, as the most traded asset type in the CEE countries. It accounted for 2.5 billion euro which was 42 pct of the total investment volume in the region - reveals a new report by Colliers. 

Office & mixed-use development

Poland Office supply weakens across regional cities

schedule 08 November 2022
Opr./edited by ANZ

According to a report published by real estate advisory firm Newmark Polska, vacancy rate held firm in Poland’s regional city office markets throughout Q3 of this year along with the moderate occupier and developer activity. 

Warehouse & industrial

Poland Zero-emission factory

schedule 08 November 2022
Opr./edited by ANZ

Panattoni has completed the first zero-emission factory in the global portfolio of Danfoss - Danfoss is a producer of energy- efficient components and technological solutions for sectors that include cooling and air-conditioning, heating and electric motors. The investment has been built as part of an industrial campus in Grodzisk Mazowiecki.

Office & mixed-use development

Poland The supply gap and what's next?

schedule 08 November 2022
Opr./edited by ANZ

Axi Immo has presented data summarizing Q3 2022 in the Polish office market. The end of 2022 completes the dynamic new supply period observed in recent years and marks a continuation of the good run in the office market take-up.

Interior design

Poland A taste of Japan

schedule 07 November 2022
Opr./edited by ANZ

The Tétris team has once again completed a fit-out project in the interiors of Nobu Hotel Warsaw. Sakebar by Nobu on ul. Wilcza not only offers sake-based drinks and Japanese dishes, but also a design inspired by the country.

Investment & finance

Poland Czech-Lux duo buy second Gdynia office complex

schedule 07 November 2022
Opr./edited by ANZ

Łużycka Office Park (A, B, C and D) and Łużycka Plus buildings in Gdynia have been acquired from SGPM by a joint venture between Czech real estate open fund Investika and Luxembourg private equity investor Bud Holdings.

Office & mixed-use development

Poland Skyliner full of bubbles

schedule 07 November 2022
Opr./edited by ANZ

Coca-Cola Poland Services has signed a lease agreement for almost 2,400 sqm in Warsaw's Skyliner office building. At the beginning of 2023, the company will move its Polish headquarters to the Karimpol Group's flagship investment on Rondo Daszyńskiego.

Green projects

Germany Strabag launches C3 pilot project in Bremen

schedule 07 November 2022
Opr./edited by ANZ

C3, the Circular Construction & Technology Center project in Bremen is the Strabag’s first competence centre for sustainable circularity. It will be focused on resource reprocessing, it will be energy self-sufficient and climate neutral.

Land acquisitions

Germany Garbe Industrial expands in Thuringia

schedule 07 November 2022
Opr./edited by ANZ

Garbe Industrial Real Estate has acquired a 47,000 sqm plot of land ready for construction in Thuringia, Germany, which can be used for both commercial and logistical purposes. Construction is expected to begin in Q2 of 2023.

Office & mixed-use development

CZECH REPUBLIC Fio banka signs biggest Masaryčka lease

schedule 04 November 2022
Opr./edited by NN

Czech financial institution Fio banka has leased 5,400 sqm for its new headquarters in the Masaryčka office complex, which is under development in central Prague.

Office & mixed-use development

ROMANIA E.On moves BSS HQ to Record Park

schedule 04 November 2022
Opr./edited by NN

E.On Business Services Cluj has leased 3,500 sqm of office space in the Record Park mixed-use complex in Cluj-Napoca in northwestern Romania.

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