News

Robyg Group has turned to JLL to advise it on drawing up a comprehensive environmental, social and corporate governance (ESG) strategy.

Poland Two tenants in Tischnera

IT companies drEryk and Innergy have leased space from Cavatina Holding in the Tischnera Office building in Kraków and will take up a combined 1,200 sqm.

Residential

Poland Echo gets a voice

Echo Investment plans to equip all its apartments with voice-controlled smart home systems that use the Amazon Dot speaker.

Hotels

Baltic states Covid hits Baltic hotels

Over 2020, RevPAR slid by 64 pct in Vilnius, 68 pct in Riga, and 72 pct in Tallinn according to figures from the Christie & Co consultancy.

EUROPE InPost seals Mondial Relay takeover

Polish courier company InPost has announced it has entered into a binding share purchase agreement for the acquisition of 100 pct of the share capital and voting rights of French rival Mondial Relay.

Warehouse & industrial

CZECH REPUBLIC Marmon moves to Brno Airport Park

Marmon Foodservice Technologies has leased a 12,000 sqm production building at Brno Airport Park, which is owned by Czech company Accolade.

CENTRAL EUROPE Immofinanz insists on S Immo shareholder meeting

Immofinanz has requested that S Immo convenes an extraordinary shareholders’ meeting, at which the shareholders are to resolve an amendment to the latter company’s articles of association to cancel its maximum voting right as a condition to allow Immofinanz’s takeover offer for the company to go ahead.

CENTRAL EUROPE Defamation lawsuit against CPI thrown out

The New York State Court has dismissed a defamation lawsuit against CPI Property Group related to its 2013/14 acquisition of Orco Property Group.

POLAND ASLI buys Panattoni Łódź City VIII for EUR 28 mln

Nathan North
managing editor (English section)

UK investor Aberdeen Standard European Logistics Income PLC (ASLI) has signed an agreement for the acquisition of the Panattoni Łódź City VIII logistics park for EUR 28 mln.

Infrastructure

Work on Ursynów tunnel almost done

Construction work on Warsaw’s southern bypass is nearing completion.

MBank to sell Kraków building

mBank is to auction a 2,150 sqm office and service building at ul. Augustiańska in Kraków.

Retail & leisure

Carrefour expands Outlet Zone concept

Carrefour is to roll out its Outlet Zone concept to three hypermarkets located in Warsaw and Łódź.

Events

Polska The Golden Boy

Eurobuild Conferences

The pandemic might have upended the plans of many in a number of sectors, but not of those in warehousing. The warehouse market is still one of the fastest growing real estate sectors. It has proven to be immune to the turmoil caused by the pandemic, which has in no way prevented it from flourishing even further. The outlook for warehousing remains optimistic.

Events

POLAND Polish office market – before, during and after the pandemic

Eurobuild Conferences

A year has now passed since the state of pandemic was declared in Poland. Since that time, the office market has had to face unprecedented challenges and has certainly been forced to change course. Let’s take stock of the state of the sector and look to the future at the 12th Office Market Conference for Poland – Trends and Outlook, which will take place online on May 19th.

POLAND Techland happy in Gdański Business Center

Polish video games developer Techland has decided to extend its 900 sqm office space lease agreement in the Gdański Business Center complex in Warsaw.

POLAND Oras moves into Sagittarius

Finnish tap manufacturer Oras is to expand the office space it leases in Wrocław.

Warehouse & industrial

POLAND Ares buys into Polish warehousing

Pbb has provided a EUR 115 mln loan for a logistics portfolio in Poland acquired by Ares Management.

Hotels

Bulgaria Ibis lands in Golden Sands

An Ibis Styles hotel is to open in Golden Sands [Златни пясъци] in May. Accor has signed a franchise agreement with Valdemosa EOOD to rebrand the recently renovated Roomer Hotel Golden Sands.

CENTRAL EUROPE S Immo delays AGM to consider Immofinanz takeover

Nathan North
managing editor (English section)

The management board and the supervisory board of S Immo have decided to postpone the 32nd annual general meeting of the company due to the imminent takeover bid by rival Austrian real estate company Immofinanz.

CZECH REPUBLIC Masaryčka takes shape