News

EurobuildCEE

Poland The latest issue of Eurobuild is hot off the press!

schedule 07 December 2020
Eurobuild CEE

We are pleased to announce the publication of the December issue of ‘Eurobuild’, which comes with a special Christmas poster! More than 30 friends of the magazine photographed themselves with a Christmas motif in such a way that our sector could pass on its festive wishes to all of us, while at the same time lending their kind support to the Iskierka Foundation.

Investment & finance

CEE REGION GTC issues EUR 110 mln of green bonds

schedule 07 December 2020
Nathan North
managing editor (English section)

Globe Trade Centre’s Hungarian subsidiary, GTC Real Estate Development Hungary, has issued 792 senior unsecured ‘green bonds’ with a nominal value of HUF 50 mln each (app. EUR 140,000) and a total value of HUF 39.6 bln (app. EUR 110 mln).

Office & mixed-use development

ESTONIA Skyon hits the heights

schedule 07 December 2020
Nathan North
managing editor (English section)

The 26-storey Skyon office development in Tallinn has reached its maximum height – 95m.

Investment & finance

Waiting for the rebound

schedule 04 December 2020
Opr./edited by AH

By the end of the year, the Polish economy is expected to have contracted by 3-3.5 pct compared to 2019. Nevertheless, Poland’s GDP is expected to start growing again in 2021 and expand by around 4 pct in 2021, according to Cushman & Wakefield.

Investment & finance

Poland Cordia to finish Polnord takeover

schedule 04 December 2020
Opr./edited by AH

Cordia has applied to buy all the outstanding shares in Polnord in a public tender.

Green projects

Romania Hotspot Workhub takes BREEAM 'Excellent'

schedule 04 December 2020
Opr./edited by AH

Flex Office centre Hotspot Workhub has been certified as BREEAM 'Excellent' for its sustainable fit-out. The centre takes up 2,000 sqm in the Mark office building in the centre of Bucharest.

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 (English section)

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 (English section)

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.

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Edition 12 (304) December 2025

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