News

Office & mixed-use development

Latvia Green light for Magdelēnas kvartāls

schedule 30 August 2024
Opr./edited by ANZ

Vastint Latvia has received building permits for the construction of 4th and 5th phases of Magdelēnas kvartāls in Riga. The 4th phase is expected to be completed early next year.

Investment & finance

Poland CTP grows in Pomerania

schedule 30 August 2024
Opr./edited by ANZ

CTP has purchased a 140,000 sqm plot of land located within the Pomeranian Investment Centre - an industrial park located in the vicinity of the largest container terminal on the Baltic Sea. The land acquired from the Gdańsk Economic Development Agency will be used to construct the next stage of the CTPark Gdańsk Port industrial and logistics complex.

Investment & finance

Poland Panattoni borrows from Santander

schedule 29 August 2024
Opr./edited by JC

Panattoni has been issued financing for the construction of City Logistics Warsaw Airport IV. The EUR 17.25 mln loan was granted by Santander Bank Polska.

Office & mixed-use development

Poland Knight Frank hooked by the Vibe

schedule 29 August 2024
Opr./edited by JC

Knight Frank has chosen the Vibe office building in Warsaw’s Wola district as its new Polish headquarters. The consultancy has leased almost 1,000 sqm on the 9th floor of the Ghelamco project.

Human resources

Poland Changes at the helm of Dom Development

schedule 29 August 2024
Opr./edited by ANZ

Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the supervisory board. From the beginning of 2025, Mikołaj Konopka, current member of the management board and co-founder and president of Euro Styl, will take over the reins of the company.

Retail & leisure

Romania Shopping centres fuell the development activity

schedule 29 August 2024
Opr./edited by ANZ

According to data from the Cushman & Wakefield Echinox, retail projects totalling more than 87,000 sqm were delivered throughout H1 2024, corresponding to a sharp increase when compared with the 30,000 sqm new supply from the same period of 2023. This year’s evolution was mainly fuelled by Q2 completions.

Warehouse & industrial

Germany A fresh start in Düsseldorf

schedule 28 August 2024
Opr./edited by JC

At the end of the year, the Düsseldorfer Großmarkt will close its gates at its current site and find a new permanent home at the City Dock Düsseldorf Hilden, built by Panattoni.

Property and Facility Management

Poland Cushman feels the Vibe

schedule 28 August 2024
Opr./edited by JC

Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw market.

Office & mixed-use development

Czech Republic Construction, vacancy, demand and prices on the rise

schedule 27 August 2024
Opr./edited by ANZ

According to the regular quarterly office property market survey published by Colliers, Prague's office market grew by four attractive, new buildings in Q2, offering nearly 44,000 sqm of modern class A office space. Even though a large part of these properties found tenants before completion, the overall vacancy rate has slightly increased.

Retail & leisure

Poland San Park Piaseczno is ready 

schedule 27 August 2024
Opr./edited by ANZ

San Park Piaseczno, the largest retail park currently under construction in the Mazovia voivodship, will open on 4 September. The retail park, offering a total of nearly 40 shops of brands from many sectors, was fully commercialised a few weeks before the opening.

Office & mixed-use development

Poland Doraco chooses Nowy Saski Crescent

schedule 27 August 2024
Opr./edited by ANZ

Doraco has leased 1,000 sqm in Warsaw's Nowy Saski Crescent office building. The company will move into the building owned by CA Immo later this year.

Warehouse & industrial

Romania VGP welcomes Miele Tehnica in Brașov

schedule 27 August 2024
Opr./edited by ANZ

VGP has signed a lease agreement with Miele Tehnica Brașov, a subsidiary of the German Miele group, for 2,000 sqm, within VGP Park Brasov. The company will use this space to assemble motors and pumps for Miele appliances.

Warehouse & industrial

Poland Good Point V fully commercialised

schedule 27 August 2024
Opr./edited by ANZ

Real Management has signed an agreement with Sales Service for the lease of more than 5,000 sqm of warehouse and office space at Good Point V warehouse and production park in Łubna near Warsaw. The facility has thus been fully commercialised.

Residential

Poland StudentSpace starts in Kraków

schedule 23 August 2024
Opr./edited by ANZ

StudentSpace, a student housing platform, launched earlier this year by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, announced the start of the construction of its first investments.

Retail & leisure

poland Shoppers flock to Big Gorzów

schedule 23 August 2024
Opr./edited by ANZ

The Big Gorzów retail park opened a month ahead of schedule. The park was built on an 8 ha site in the north-eastern part of Gorzów Wielkopolski. It will serve 160,000 buyers from the city and the region. On the day of the opening, around 10,000 visitors had visited by 2 pm.

Hotels

Romania Gradual increase in demand

schedule 23 August 2024
Opr./edited by ANZ

According to data from Cushman & Wakefield, the Bucharest hotel market is experiencing the highest supply growth among the CEE capitals between 2024 and 2026. The demand in the first half of the year compared to the same period of 2023 experienced an increase of 3 pct, however, it remained below the 2019 level.

Investment & finance

Poland EREF buys BIG in Kraków

schedule 22 August 2024
Opr./edited by ANZ

Eika Real Estate Fund has acquired the BIG office in Poland, in the central part of Kraków, which is let to State Street Bank. The fund plans to further expand its investments in logistics, offices and retail parks in Poland.

Warehouse & industrial

Poland Poland records the highest warehouse take-up in Europe

schedule 22 August 2024
Opr./edited by ANZ

According to the latest report from Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in Q2 2024, reporting the highest leasing volume in Europe. In addition, Poland’s total industrial stock is poised to soon surpass the 35 mln sqm mark.

Warehouse & industrial

Czech Republic Fiege gets 18,000 sqm in CTPark Žatec

schedule 22 August 2024
Opr./edited by JC

CTP has handed over a newly completed 18,000 sqm industrial and logistics building in CTPark Žatec to Fiege, a provider of logistics and transport services in Europe.

Investment & finance

Poland BTS Warsaw West in new hands

schedule 22 August 2024
Opr./edited by ANZ

Logistics platform Trademarc has sold a warehouse in Teresin, near Warsaw. The area of the BTS facility is almost 37,600 sqm.

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Edition 3 (296) March 2025

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