News

Record Q1 for Ronson

schedule 16 May 2020
Nathan North
managing editor

POLAND Polish residential developer Ronson Development generated a net profit of PLN 29.4 mln in Q1 2020 – eight times higher than in the same period last year.

Immofinanz expecting portfolio depreciation

schedule 14 May 2020
Nathan North
managing editor

EUROPE Immofinanz is expecting a devaluation of its standing assets of EUR 45 mln due to the Covid-19 pandemic.

Coronavirus

Catella sees hope and chances for real estate after Covid-19

schedule 14 May 2020
Nathan North
managing editor

WORLD Real estate could actually benefit from the Covid-19 pandemic in the long run due its perception as a safe haven for investors, according to a report just published on the implications of the epidemic for the market by Swedish property consulting and fund management specialists Catella.

Build Europe pushes post-coronavirus action plan

schedule 14 May 2020
Nathan North
managing editor

EUROPE Build Europe, an umbrella organisation for EU-based residential developers and constructors, has presented its recommendations for helping the sector in the EU emerge from the post-Covid19 economic crisis.

Retail & leisure

Emphatic return for CCC in Kalisz

schedule 14 May 2020
Nathan North
managing editor

POLAND CCC has reopened a larger store in a different location in the Galeria Tęcza shopping centre in Kalisz in Wielkopolska.

Warehouse & industrial

Panattoni completes appliance of dishwashing science

schedule 14 May 2020
Nathan North
managing editor

POLAND Panattoni in a joint venture with DH Capital has completed the EUR 18 mln development of Panattoni Appliance Park, which forms part of its Central European Logistics Hub in Łódź.

Coronavirus

Polish RE lends an even greater hand to fight the pandemic

schedule 14 May 2020
Nathan North
managing editor

POLAND More companies have joined # Property4Heroes - the commercial real estate market's initiative to support hospital staff and ambulance crews across Poland. Each day the initiative delivers 1,150 meals to physicians, nurses, paramedics and support personnel.

Property and Facility Management

Colliers to offer legal eagles

schedule 14 May 2020
Nathan North
managing editor

POLAND Colliers International in Poland is expanding its property management, retail and office departments with the addition of legal advisory services.

Investment & finance

Contera secures EUR 155 mln loan

schedule 14 May 2020
Nathan North
managing editor

CZECH REPUBLIC Czech industrial developer Contera Management has secured a syndicated loan from ČSOB and Komerční banka of EUR 155 mln.

Investment & finance

Middle-Eastern investor buys Warsaw palace

schedule 14 May 2020
Nathan North
managing editor

POLAND Beirut-based FFA Real Estate has bought the Młodziejewski Palace (Pałac Młodziejowskiego) in Warsaw from German investment fund Patrizia for an undisclosed sum.

Warehouse & industrial

Hillwood starts third Silesian park of 2020

schedule 12 May 2020
Nathan North
managing editor

POLAND Hillwood has begun the development of a logistics park in Piekary Śląskie, near Bytom in Silesia.

Office & mixed-use development

Globalworth takes charge of Podium Park

schedule 12 May 2020
Nathan North
managing editor

POLAND Globalworth has taken over the management of Podium Park in Kraków after finalising the acquisition of the property late last year.

Office & mixed-use development

Chmielna 89 approaches the finishing line

schedule 12 May 2020
Nathan North
managing editor

POLAND Advanced finishing work is in progress on the Chmielna 89 office project in Warsaw city centre, which is being developed by Cavatina Holding.

E-commerce

Wildberries growing in Slovakia

schedule 12 May 2020
Nathan North
managing editor

SLOVAKIA Wildberries, Russia’s largest online retailer, has entered the Slovakian market. The company has also anounced that it is considering investing EUR 200 mln in the development of a distribution centre in the country.

Warehouse & industrial

Completio signs up for CEL Łódź

schedule 12 May 2020
Nathan North
managing editor

POLAND Logistics and online store supplier Completio has leased almost 11,000 sqm of warehouse and office space in Panattoni’s Central European Logistics Hub in Łódź

Events

Wait and see

schedule 12 May 2020

POLAND Sit down and tune in to the ‘Wait and See’ webinar! The online discussion will take place on May 19th.

Warehouses unfazed by pandemic – so far

schedule 11 May 2020
Nathan North
managing editor

POLAND The total leasing volume for Polish industrial properties was the second highest on record in Q1, according to Cushman & Wakefield’s latest market report.

Technology

Colliers installs Office App in Poland

schedule 28 May 2020
Nathan North
managing editor

POLAND Colliers International is to introduce the Dutch smart office system Office App to the office buildings it manages in Poland.

Infrastructure

Italian job for Baltic pipeline

schedule 11 May 2020
Nathan North
managing editor

POLAND Italian drilling and engineering company Saipem has been awarded a EUR 280 mln contract by the Polish gas transmission operator Gaz-System for the transportation and installation of a natural gas pipeline between Denmark and Poland in the Baltic Sea. A permit for the work to take place in Swedish waters has also now been issued, allowing the project to go ahead.

Property and Facility Management

CPI brings own PM to latest Warsaw acquisitions

schedule 11 May 2020
Nathan North
managing editor

POLAND Czech real estate investor CPI Property Group has taken over the management of the latest additions to its Warsaw office property portfolio. The office buildings that will now be covered by the company’s in-house service are Atrium Centrum, Atrium Plaza and Equator IV.

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