News

Polish retail developer Scallier has received its latest building permit for the development of its Funshop Park network in Romania – for a retail park in the eastern town of Vaslui.

POLAND Five leases for Wola Center

Hines has leased more than 4,000 sqm of office space to five tenants in its Wola Center building in Warsaw since the beginning of the year.

POLAND Reka Rubber bounces into MLP Poznań West

Reka Rubber has leased 2,000 sqm of warehouse space in MLP Poznań West.

HUNGARY CA Immo sells R70 for EUR 30 mln

CA Immo has sold the R70 office building in Budapest to local construction firm Épkar for almost EUR 30 mln.

Poland Chemsplash leases 2,200 sqm

Protective clothing producer Chemsplash Europe has leased 2200 sqm in the Segro Logistics Park Poznań, Gądki.

P3 buys three city sites

Warehouse developer P3 has acquired three plots with a total area of 32 ha.

Poland PINK reports growing Warsaw office market

At the end of Q4, 2021 total modern office stock in Warsaw totalled 6,150,900 sqm, according to the latest figures for 2021 from the Polish Chamber of Commercial Real Estate (PINK).

Construction

Poland Financing secured for completion of The Park Kraków

International investor Cain International and its local development partner, White Star Real Estate, have secured a EUR 36 mln loan from PKO BP to complete the development of The Park Kraków.

POLAND Strabag RE to replace Galeria Plaza in Kraków

Strabag Real Estate has acquired the defunct Galeria Plaza shopping centre in Kraków and the 8 ha plot it stands on from Peakside Capital Advisors for an undisclosed sum.

Retail & leisure

POLAND Stage Capital buys three malls from Pradera

Stage Capital has announced that it has acquired a portfolio of three Polish shopping centres for its second fund, Stage Capital Laurel II, from Pradera Central European Fund for an undisclosed sum.

POLAND FLE enters Warsaw to buy Mokotów Plaza

M7 Real Estate has sold the Mokotów Plaza office building in Warsaw to Vienna-based FLE for an undisclosed sum.

Germany MLP comes to Frankfurt

MLP Group is about to launch a brownfield project to construct the MLP Idstein logistics park near Frankfurt am Main.

Poland Buro Happold stays in Spektrum

International design studio Buro Happold has extended its lease in the central-Warsaw Spektrum Tower building owned by Globalworth.

Hotels

Poland Hospitality revives – in an inhospitable environment

04 February 2022

Eurobuild CEE

Another difficult year for the hotel market has come to an end – hotels were back in operation for only the last six months of the year, but the summer and autumn seasons were much better than in 2020. But the hospitality sector is resilient and always has the potential to bounce back – according to the ‘Hotel market in the largest cities in Poland. Annual report 2021’ by Hotel Professionals, which ‘Eurobuild CEE’ has been granted the exclusive rights to publish.

CENTRAL EUROPE Immofinanz rejects CPI’s improved bid

Austrian real estate company Immofinanz has recommended to its investors reject the share price offered by Prague-based CPI Property Group in its takeover bid, as, in the opinion of its executive and supervisory boards, it is too low – although it “welcomes” CPI’s increased offer to EUR 22.70.

POLAND Mondi moves into Andersia Tower

Recruitment consultancy Mondi Polska has leased around 600 sqm on the 16th floor of Andersia Tower in Poznań.

POLAND Two lease 1,600 sqm in Business Garden Poznań

Mitsubishi Electric and a medical clinic have leased a combined 1,600 sqm of office space from Vastint in Business Garden Poznań.

POLAND Panattoni starts work on 42,000 sqm Röhlig Suus centre

Panattoni has begun the construction of a 42,000 sqm logistics centre for Röhlig Suus Logistics at Panattoni Park Poznań West Gate I in Tarnowo Podgórne. At the same time, work has started in the park on an 18,000 sqm speculative facility

Poland Barbora opens third Polish logistics centre

26 January 2022

Online grocer Barbora has leased around 3,000 sqm in the Park City Logistics Katowice I logistics park.