News

Property and Facility Management

POLAND C&W to lease Eco City Katowice

schedule 04 December 2020
Opr./edited by NN

Cushman & Wakefield has been appointed as the leasing agent for Eco City Katowice – an energy-efficient office complex under construction in the city.

Warehouse & industrial

POLAND OneDayMore in Panattoni’s first Poznań last-mile centre

schedule 04 December 2020
Nathan North
managing editor

Panattoni is to develop City Logistics Poznań I – a last-mile urban warehousing park in north-eastern Poznań. The developer has also revealed the identity of the first tenant: Polish muesli, porridge and similar health food producer OneDayMore.

Office & mixed-use development

ROMANIA AstraZeneca happy in Bucharest Business Park

schedule 04 December 2020
Opr./edited by NN

British pharmaceuticals manufacturer AstraZeneca has renewed its lease of 1,280 sqm of office space in Bucharest Business Park for another five years.

Property and Facility Management

Poland Colliers gets Big

schedule 03 December 2020
Opr./edited by AH

The Big office building constructed by Budimex at ul. Zielińskiego 3 in Kraków for developer Ghelamco is to be managed by Colliers International.

Investment & finance

Poland Tesco sells city sites to Echo

schedule 03 December 2020
Opr./edited by AH

Echo Investment has bought properties from the Tesco group in Poznań, Łódź and Kraków and is planning to use the sites for open city quarter placemaking projects with a total of 240,000 sqm of residential, office and retail space.

Technology

Poland Bicycles come to Norblin

schedule 03 December 2020
Opr./edited by AH

The Norblin Factory complex in Warsaw being developed by Capital Park Group through the renovation and conversion of a former metal plating plant is to have an automated bicycle storage centre created by MA-Sistemas, a Spanish company active in Switzerland, Singapore and Israel.

Office & mixed-use development

Poland Nokia signs largest regional lease renewal

schedule 03 December 2020
Opr./edited by AH

Telecommunications company Nokia has renewed its lease with Globalworth in the West Gate and West Link buildings in Wrocław. With a total area under lease of almost 30,000 sqm, this is the largest regional office contract signed this year.

Warehouse & industrial

HUNGARY Flisom flies into VGP Park Kecskemét

schedule 03 December 2020
Opr./edited by NN

Swiss technology company Flisom has moved into the first building of VGP Park Kecskemét, around 80 km southeast of Budapest.

Office & mixed-use development

POLAND Payair books its place in Stara Drukarnia

schedule 03 December 2020
Opr./edited by NN

Payair Poland, the Polish branch of the Swedish-based fintech company, has officially moved its 400 sqm office in Stara Drukarnia in Łódź.

Investment & finance

POLAND Spark B sold to Stena for EUR 70 mln

schedule 03 December 2020
Nathan North
managing editor

Skanska has sold the second building of the Spark office complex in Warsaw to Swedish company Stena Fastigheter for EUR 70 mln.

Retail & leisure

Latvia Tough times for Riga high street

schedule 02 December 2020
Opr./edited by AH

With every fifth store standing vacant, street retail has not become established in Riga, according to a study by Colliers International.

Warehouse & industrial

Poland MLP pleased with results

schedule 02 December 2020
Opr./edited by AH

For the first three quarters of 2020, the company made a consolidated net profit of PLN 149.3 mln, up 53 pct y-o-y. In the third quarter alone, net profit came to PLN 28.2 mln, which compares to PLN 40.6m in the third quarter of 2019.

Office & mixed-use development

Poland Łódź cotton mill given new spin

schedule 02 December 2020
Opr./edited by AH

Work has begun on the renovation of the Widzewska Manufaktura cotton mill complex at al. Piłsudskiego 135 in the Widzew district of Łódź.

Warehouse & industrial

Poland Media Expert in Logicor Stryków

schedule 02 December 2020
Opr./edited by AH

Terg, the owner of the Media Expert electronics store chain, has leased 26,100 sqm of office and warehouse space in the Logicor Stryków park just north of Łódź.

Hotels

CENTRAL EUROPE Ott Ventures launches EUR 500 mln Central Europe hotel fund

schedule 02 December 2020
Nathan North
managing editor

Ott Ventures, the private equity and fund management platform run by Orco Property Group and MaMaison Hotels & Residences founder Ott Properties, has announced the launch of its first hotel fund – Velvet.

Office & mixed-use development

POLAND Codewise happy in Browar Lubicz

schedule 02 December 2020
Opr./edited by NN

Krakow-based IT startup Codewise has renewed its lease for 2,200 sqm of the space it occupies in the Browar Lubicz mixed-use complex in the city.

Office & mixed-use development

POLAND C&W takes on Morski Park office agency

schedule 02 December 2020
Opr./edited by NN

Cushman & Wakefield has been appointed as the leasing agent for the office space in the Morski Park Handlowy complex in Gdańsk.

Technology

Poland/Hungary New Work goes digital

schedule 01 December 2020
Opr./edited by AH

Flex office operator has launched an app that allows its clients to make bookings, order additional services and also acts as a communication platform.

Investment & finance

World Savills IM foresees recovery

schedule 01 December 2020
Opr./edited by AH

Around 59 pct of global real estate investors expect real estate markets in Europe to recover in 2021, with 52 pct expecting the recovery to begin between Q2 and Q4 next year according to the latest research published by Savills IM in the 'Building resilience in global real estate portfolios' report.

Technology

Poland Echo takes on Blue Bolt

schedule 01 December 2020
Opr./edited by AH

Echo Investment is to introduce the Blue Bolt app, created by Polish software developer NTT, to all its new residential projects.

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