News

Yareal is starting construction of the second stage of its Pozytywny Mokotów development in Warsaw.

ROMANIA MassMutual leases 1,300 sqm in Orhideea Towers

American insurance company MassMutual has leased 1,300 sqm for its global business centre in Orhideea Towers in Bucharest.

EMEA REGION EMEA flexes its office muscles

EMEA markets with low levels of existing flexible workspace saw the greatest growth in flex office operations over H1 2020, according to research by Colliers International.

Investment & finance

SLOVAKIA EUR 105 mln loan for Eurovea extension

J&T Real Estate has obtained a EUR 105 mln syndicated loan from VÚB banka and UniCredit Bank for the construction of the residential section of the extension to its large-scale Eurovea mixed-use development in Bratislava.

HUNGARY BT bets on Budapest One

British Telecom is to move its regional business services centre to the Budapest One office park, which is being developed by Futureal.

POLAND Savills comes to Katowice

14 October 2020

Commercial real estate advisory Savills has opened an office in Katowice. Its new regional office will serve clients looking for modern office and industrial space in Silesia and also be used for providing services to landlords.

POLAND Panattoni to build hi-tech plant for Danfoss in Grodzisk

14 October 2020

Panattoni has started construction work on a factory for the Polish subsidiary of Danfoss in Grodzisk Mazowiecki, about 40 km west of Warsaw. The 12,950 sqm building will be equipped with several environmentally friendly systems to make it highly energy-efficient and also provide improved conditions for the workforce of around 400 people.

Eurobuild Awards

POLAND The selection process for the Developers of the Year is underway!

14 October 2020

Eurobuild Conferences

As usual, this year Eurobuild will be honouring the best developers who are active in Poland and the Central and Eastern European region. We’re looking for the real stars of the sector!

Events

EUROPE Expo Real cancelled

The Expo Real Hybrid Summit in Munich that was to have taken place on October 14th and 15th has been cancelled just two days before the real estate fair, due to the worsening Covid-19 situation in the city.

POLAND MAG leases more in Gdańsk

Logistics company Morska Agencja Gdynia (MAG) has leased a 2,100 sqm warehouse in Panattoni Park Gdańsk East I.

Poland New look for Grzybowska Park

Grzybowska Park is currently being refurbished and the new reception lobby and communal areas will be unveiled by the end of the year.

Poland Data centres on the rise

Data centres are becoming an important segment of commercial real estate and the Covid-19 pandemic has turned out to be a driver behind its accelerated growth, according to Axi Immo.

Romania Romania's industrial stock set to grow

Romania’s stock of modern industrial and logistic space reached 4.72 mln sqm at the end of the first half of the year, up by 5 pct compared to the same period of 2019.

POLAND Pneuhage Serwis Opon wheels into MLP Poznań

Tyre and wheel distributor Pneuhage Serwis Opon is to lease app. 6,000 sqm of warehouse space at MLP Poznań.

Human resources

POLAND JLL appoints new CEO

JLL has for the first time in the history of international real estate consultancies in Poland chosen someone from outside the sector to run the company. Mateusz Bonca has been appointed the CEO of JLL in Poland, with his new posting becoming effective in mid-November.

POLAND 7R buys 20 ha for Gdańsk complex

7R has won a tender to buy 20 ha of land in the Pomeranian Logistics Centre in Gdańsk, where it now plans to build the 7R Park Gdańsk Port warehousing complex.

Investment & finance

Europe Capital raise for Immofinanz

Immofinanz has issued fixed-rate senior unsecured notes worth EUR 500 mln with a seven-year maturity and a 2.5 pct fixed coupon.

CEE region Strong results for CTP

CTP Group has recorded a profit of EUR 99 mln for the first half of the year with gross rental income reaching EUR 152 mln over the period.

POLAND Meaty project for Panattoni in Ostróda

Panattoni has started the construction of a 10,153 sqm warehousing facility for a meat producer and exporter near Ostróda in Poland’s Warmian-Masurian province.

Events

EUROPE MIPIM moved from March to June