News

Warehouse & industrial

Poland Chemsplash leases 2,200 sqm

schedule 28 January 2022

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

Warehouse & industrial

P3 buys three city sites

schedule 28 January 2022

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

Office & mixed-use development

Poland PINK reports growing Warsaw office market

schedule 28 January 2022

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

schedule 28 January 2022

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.

Investment & finance

POLAND Strabag RE to replace Galeria Plaza in Kraków

schedule 28 January 2022
Nathan North
managing editor (English section)

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

schedule 28 January 2022
Nathan North
managing editor (English section)

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.

Investment & finance

POLAND FLE enters Warsaw to buy Mokotów Plaza

schedule 28 January 2022
Opr./edited by NN

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

Warehouse & industrial

Germany MLP comes to Frankfurt

schedule 27 January 2022

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

Office & mixed-use development

Poland Buro Happold stays in Spektrum

schedule 27 January 2022

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

schedule 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.

Investment & finance

CENTRAL EUROPE Immofinanz rejects CPI’s improved bid

schedule 27 January 2022
Nathan North
managing editor (English section)

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.

Office & mixed-use development

POLAND Mondi moves into Andersia Tower

schedule 27 January 2022
Opr./edited by NN

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

Office & mixed-use development

POLAND Two lease 1,600 sqm in Business Garden Poznań

schedule 27 January 2022
Opr./edited by NN

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

Warehouse & industrial

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

schedule 27 January 2022
Nathan North
managing editor (English section)

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

Warehouse & industrial

Poland Barbora opens third Polish logistics centre

schedule 26 January 2022

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

Investment & finance

Romania Investment growth in Romania

schedule 26 January 2022

The volumes invested in real estate assets in Romania, Poland and Slovakia increased in 2021, while the Czech Republic and Hungary saw a downturn compared to 2020, according to data from Cushman & Wakefield Echinox.

Warehouse & industrial

Czech Republic Warehousing still on a roll

schedule 26 January 2022

Modern industrial stock in the Czech Republic is now more than 9.6 mln sqm, according to figures from the Industrial Research Forum.

Warehouse & industrial

Poland 7R doubles space delivered y-o-y

schedule 26 January 2022

Polish warehouse developer 7R delivered almost 400,000 sqm of BREEAM-certified space over 2021, double the figure recorded for 2020.

Office & mixed-use development

CZECH REPUBLIC Prague offices on the road to recovery

schedule 26 January 2022
Opr./edited by NN

The Prague office market revived in 2021, showing a 16 pct increase in take-up on the previous year, according to the Prague Research Forum.

Construction

CENTRAL EUROPE Erbud takes in GWI for wooden mod cons

schedule 26 January 2022
Opr./edited by NN

Polish construction firm Erbud has merged its subsidiary Mod21 with German wooden modular buildings specialist GWI to establish a new company, also called Mod21.

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