PL

News

Green projects

POLAND MLP to install PV roofs in 10 parks

schedule 11 January 2022
Opr./edited by NN

Polish industrial developer MLP Group is launching a strategic project to build rooftop solar power systems at ten of its logistics parks in Poland.

Human resources

Poland New CDO at MDC2

schedule 11 January 2022
Opr./edited by TC

Maciej Madejak has been appointed chief development officer, founder, and member of the management board of MDC2. Previously, he held management-level positions at Prologis, Goodman and Panattoni.

Investment & finance

Europe Garbe to invest in European housing

schedule 10 January 2022

Garbe Institutional Capital has launched a pan-European residential real estate fund with a total target investment volume of around EUR 800 mln.

Warehouse & industrial

Poland BIK starts work on second stage of Wrocław park

schedule 10 January 2022

Biuro Inwestycji Kapitałowych has started construction work on the second stage of the BIK Park Wrocław logistics park.

Investment & finance

CENTRAL EUROPE Immofinanz rejects S Immo bid

schedule 10 January 2022
Nathan North
deputy editor

The executive and supervisory boards of Immofinanz have recommended to its shareholders that they reject the voluntary partial offer for Immofinanz shares made by rival Austrian real estate company S Immo.

Office & mixed-use development

POLAND Marel to open SCC in Brama Miasta

schedule 10 January 2022
Nathan North
deputy editor

Icelandic food processing specialist Marel is to open a 1,000 sqm shared services centre in Brama Miasta office complex, which has been developed by Skanska in Łódź.

Warehouse & industrial

POLAND Castorama leases 36,000 sqm at 7R Park Łódź East I

schedule 10 January 2022
Opr./edited by NN

Home improvement chain Castorama has leased more than 36,000 sqm at 7R Park Łódź East I.

Office & mixed-use development

POLAND Five new faces in Widok Towers

schedule 07 January 2022
Nathan North
deputy editor

Five new tenants have leased a combined 3,450 sqm of office space in the Widok Towers building in Warsaw city centre, which is owned by Commerz Real’s open-ended real estate fund Hausinvest.

Property and Facility Management

Hungary CA Immo gains Access4You certification

schedule 07 January 2022

CA Immo has certified all nine of its office buildings in Budapest under Access4You.

Office & mixed-use development

Poland Aon stays on in Enterprise Park

schedule 07 January 2022

Financial risk consultancy Aon has renewed its lease of over 11,300 sqm in building E of the Enterprise Park office complex on Al. Powstańców Wielkopolskich in Kraków.

Hotels

CZECH REPUBLIC Sugar Palace turns into Andaz Prague–Hyatt

schedule 06 January 2022
Nathan North
deputy editor

UBM Development Czechia is close to completing the refurbishment of the more than 100-year-old former Cukrovarnického paláce (Sugar Palace) on Senovážné náměstí in the centre of Prague, which is to re-open in the spring as the Andaz Prague Hotel.

Retail & leisure

POLAND Opole mall comes into Focus

schedule 06 January 2022
Nathan North
deputy editor

Ukrainian real estate investor Focus Estate Fund has acquired the Turawa Park shopping centre in Opole in southern Poland from Edinburgh-based investment management group Abrdn (formerly Standard Life Aberdeen) for an undisclosed sum.

Infrastructure

Poland Budimex delivers section of Via Baltica

schedule 05 January 2022

A 20.17 km section of the S61 expressway has been opened between Wysokie and Raczki.

Property and Facility Management

Poland MVGM takes on two logistics parks

schedule 05 January 2022

MVGM has been appointed by Hansainvest Real Assets to manage 44,000 sqm of space in two logistics centres: Panattoni Park City Logistics II Wrocław and Panattoni Park Poznań X.

Investment & finance

CZECH REPUBLIC Jet lands at Airport Business Centre

schedule 05 January 2022
Nathan North
deputy editor

The Jet Industrial Lease Fund has acquired the Airport Business Centre office building in Prague's Ruzyně district from Austrian real estate investor Immofinanz for an undisclosed sum.

Investment & finance

POLAND MNK picks up Piaseczno building

schedule 05 January 2022
Opr./edited by NN

Real Management and Liberty Investments have sold the mixed-use Point.44 building in Piaseczno on Warsaw’s southern outskirts to French investment fund MNK Partners for an undisclosed sum.

Investment & finance

WORLD CBRE IM buys Hillwood sheds for USD 4.9 bln

schedule 05 January 2022
Nathan North
deputy editor

CBRE Investment Management has announced a definitive agreement to acquire a 57-asset, 2.64 mln sqm portfolio of logistics assets in the US and Europe from Hillwood Investment Properties for app. USD 4.9 bln.

Investment & finance

Echo issues more bonds

schedule 04 January 2022

Echo Investment is launching a new series of bonds for private investors. The developer will issue securities worth PLN 50 mln.

Investment & finance

Europe VGP and Allianz team up

schedule 04 January 2022

Allianz Real Estate and VGP have agreed to form a new 50/50 joint venture.

Investment & finance

POLAND EUR 65.6 mln loan for Brain Park

schedule 04 January 2022
Eurobuild CEE

Echo Investment has obtained a EUR 65.6 mln loan for the construction of three office buildings of its Brain Park office development in Kraków. The financing has been provided by PKO Bank Polski (the loan agent) and Bank Pekao SA (the security agent).

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