News

Warehouse & industrial

Poland Data centre takes 21,000 sqm for 15 years

schedule 25 June 2020
Opr./edited by AH

Savills Investment Management has announced the signing of a 15-year lease of 21,000 sqm in Gate One Business Park in Warsaw.

Office & mixed-use development

POLAND Pandemic to fuel growth of shared service centres

schedule 25 June 2020
Opr./edited by RO

POLAND Shared services sector growth is likely to accelerate overthe coming years, says Cushman & Wakefield in its latest report on alternative locations for business service sector occupiers.

WORLD Employers in no rush to return to workplaces

schedule 24 June 2020
Opr./edited by RO

Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its global survey on return-to-work strategies after the Covid-19 pandemic.

Office & mixed-use development

POLAND M&A Capital signs up BNP

schedule 24 June 2020
Eurobuild CEE

M&A Capital SARL has appointed under BNP Paribas Real Estate Poland to be the leasing agent of the Karolkowa Business Park and Crown Square office developments in Warsaw’s Wola district.

Office & mixed-use development

Lithuania Eastnine takes S7-3

schedule 24 June 2020
Opr./edited by AH

Eastnine has purchased the S7-3 office property in Vilnius for around EUR 43 mln from Galio Group.

Construction

Poland Polish construction still on its way up

schedule 24 June 2020
Opr./edited by RO

The total value of the 960 largest construction projects currently underway or planned in Poland is estimated at over EUR 120 bln, according to the ‘Construction Market in Poland 2020–2025’ report just published by construction market analysts Spectis.

Hotels

Poland Two Radissons open

schedule 24 June 2020
Opr./edited by AH

Radisson Hotel Group has announced the opening of the Radisson Blu Hotel, Sopot and the Radisson Hotel Szklarska Poręba

Retail & leisure

Romania S Immo back in business

schedule 23 June 2020
Opr./edited by AH

Stores, restaurants and hotels have opened again in nearly all of the markets in which the listed real estate investment company S Immo operates.

Office & mixed-use development

Poland Co-working on the rise in Stara Drukarnia

schedule 23 June 2020
Opr./edited by RO

Flexible office operator Rise.pl has leased 2,100 sqm in the Stara Drukarnia office building in Łódź.

Warehouse & industrial

Poland Ekol and Regatta come to Poznań

schedule 23 June 2020
Opr./edited by AH

Ekol Poland has leased 23,500 sqm in Panattoni Park Poznań VII on behalf of its client, UK based fashion producer Regatta.

Office & mixed-use development

Kwadraciak now fully leased

schedule 23 June 2020
Opr./edited by RO

POLAND The Wielkopolskie provincial planning department (WBPP) has leased 720 sqm of office space in the Kwadraciak office building in Poznań.

Warehouse & industrial

POLAND Aurec to redevelop Praga tenement

schedule 23 June 2020
Opr./edited by RO

Aurec Capital Poland has acquired three residential buildings on ul. Targowa 17 in Warsaw’s Praga Północ district, which it is now redeveloping under its LivUp PRS brand. The refurbished buildings are to contain 150 rental apartments and retail units

Office & mixed-use development

LITHUANIA Western Union signs year’s largest lease

schedule 22 June 2020
Opr./edited by NN

Western Union Processing Lithuania has leased all of the office space – more than 15,000 sqm – in the Gama building of the Technopolis Ozas business park in Vilnius.

Office & mixed-use development

POLAND Park life in Kraków from Cain and White Star

schedule 22 June 2020
Opr./edited by NN

UK investor Cain International and local development partner White Star Real Estate have started the construction work on The Park Kraków.

Hotels

ROMANIA Romanian hotels could return to 50-60 pct occupancy

schedule 22 June 2020
Opr./edited by RO

The Romanian hospitality market could return to an occupancy rate of 50–60 pct for recognised brands towards the end of the year, as long as the epidemic remains stabilised or improves, according to Colliers International.

Investment & finance

POLAND Corum buys DSV ISS centre

schedule 22 June 2020
Opr./edited by RO

French investor Corum Asset Management has completed the acquisition of the new DSV International Shared Service Centre in Warsaw’s Mokotów business district from DSV in a sale-and-lease-back deal.

Investment & finance

Hungary GalCap picks up Rumbach Center

schedule 19 June 2020
Opr./edited by NN

Vienna-based asset and investment manager GalCap Europe has acquired the Rumbach Center in Budapest’s central VII district for a German pension fund for an undisclosed sum.

Warehouse & industrial

Poland Last package of Prologis Park Łódź taken

schedule 18 June 2020
Opr./edited by NN

American packaging supplier UGPG2 has leased 6,700 sqm of warehouse and office space at Prologis Park Łódź.

Investment & finance

Poland Reino teams up with Brits to buy Logistic City

schedule 18 June 2020
Nathan North
managing editor

Reino Capital has announced that it has concluded the purchase of the Logistic City complex in Piotrków Trybunalski in central Poland for an undisclosed sum.

Investment & finance

Poland Tesco to sell Polish business to Netto

schedule 19 June 2020
Nathan North
managing editor

British retailer Tesco has announced the sale of its Polish hypermarket chain to Salling Group, the Danish owner (among others) of the Netto chain.

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