News

Skanska has been awarded a PLN 141 mln contract by Beiersdorf Manufacturing Poznań to expand and reconstruct a production facility in Poznań, Poland. The contract be included in Skanska’s order bookings for Europe for H2 2021.

POLAND Electronic Arts stays with Ambassador

19 May 2021

American computer games developer Electronic Arts has renewed its lease for 528 sqm on the tenth floor of the Ambassador Office Building in Warsaw’s Służewiec district, which is owned by Hines.

Poland Europcar in Greenwings

Car rental company Europcar has leased space in GreenWings Offices.

Retail & leisure

Romania Immofinanz to renew VIVO! Baia Mare

Immofinanz has announced that it will begin refurbishing the VIVO! Baia Mare shopping centre on 1st June.

Poland Palio Park A awarded BREEAM 'Excellent'

The first building of the Palio Office Park developed on the former site of the Gdańsk shipyard has been awarded a BREEAM certificate with a rating of ‘Excellent’.

ROMANIA Lazar to develop 23,000 sqm warehouse for Corteva

Corteva Agriscience, the agriculture business of American conglomerate DuPont, has pre-leased app. 23,000 sqm of industrial space in a BTS warehouse development on Bucharest's northeastern outskirts, which is being developed by Lazar Real Estate.

POLAND Agio Milano opts for Ożarów Mazowiecki

Women’s underwear manufacturer Agio Milano has leased 800 sqm of new warehouse space in a private investment located near Ożarów Mazowiecki, 15 km west of Warsaw city centre.

POLAND Knauf expands in Panattoni Park Wrocław II

Polystyrene foam specialist Knauf Industries has increased its warehouse and office space in Panattoni Park Wrocław II to 18,000 sqm.

POLAND Stiegelmeyer chooses GLP Toruń for hub

German medical furniture manufacturer Stiegelmeyer has leased 3,600 sqm of warehouse space in GLP Toruń, which will be used as the company’s European distribution hub.

Poland Warehousing still booming

Take-up in Q1 2021 was 59 pct higher than in the same period of the previous year, at 1.6 mln sqm, while the amount of space under construction was up 11 pct to 2.3 mln sqm.

Romania Cargus takes on more space

Courier company Cargus has invested EUR 500,000 in Buzău around 100 km northeast of Bucharest.

Poland CPI moves into WFC

CPI PG has relocated its headquarters to the Warsaw Financial Centre and now the legal, technical, marketing and PR teams take up just under 800 sqm in the building.

CZECH REPUBLIC E-bikes from Prologis Park Prague-Úžice

Crussis Electrobikes has signed a long-term lease for 21,000 sqm in Prologis Park Prague-Úžice.

POLAND Well packed into City Logistics Łódź II

Well Pack has leased 10,500 sqm in Panattoni’s City Logistics Łódź II warehouse park.

Investment & finance

CEE region GTC looks on the bright side

GTC has announced a gross margin from rental activities of EUR 27 mln with an operating profit before tax and fair value adjustments of EUR 15 mln.

CEE region CTP publishes strong quarterly results

In its first financial results announcement since its IPO in March 2021, CTP has recorded a 16.9 pct rise in net rental income for Q1 2021 compared to the same period of the previous year.

Retail & leisure

Trei continues with Vendo expansion

Trei Real Estate Poland has opened three new Vendo retail parks in May in Myśliborz, Koszalin and Piekary Śląskie.

Czech Republic Warehousing market tight in Prague

Modern industrial premises in Q1 2021 in Prague and its surrounding districts could not meet tenant demand resulting in rapidly rising prices. according to the 108 Real Estate Agency.

CZECH REPUBLIC VGP starts fifth Plzeň hall

VGP has begun the construction of the fifth hall of VGP Park Plzeň, in an industrial part of the city’s Bručná district.

POLAND Grembox in Panattoni Ruda Śląska III