News
Warsaw vacancy still dropping
POLAND The office vacancy rate in Warsaw is currently at its lowest level in seven years and in the city centre there is currently no large space to be leased, says Walter Herz.
Over 700,000 sqm of office space leased
POLAND Take-up of office space in the first half of 2019 was more than 710,000 sqm, with regional markets accounting for nearly 306,000 sqm, says JLL. Around 44 pct of this volume was made up by leasing deals in Kraków, while 15 pct of the volume came from Wrocław and 11 pct from the TriCity.
Lowest retail supply in 20 years
POLAND For the last five years, the growth of new leasable space in Poland has been significantly slowing down, and the expected volume of new supply this year, slightly over 400,000 sqm, will be at its lowest level for the last 20 years, says BNP Paribas Real Estate Poland.
EurobuildCEE
Top 5 hot stories of the week
EUROBUILD Perhaps not surprisingly, it was again big transactions that Eurobuild readers were most interested in this week.
Warehouse & industrial
Geis takes up around 5,000 sqm
POLAND Logistics operator Geis will move into Distribution Park Grodzisk Mazowiecki with a lease of around 5,000 sqm including over 900 sqm of office space.
Retail & leisure
New Yorker stays in Madison
POLAND New Yorker has extended its lease for its 1,100 sqm clothing store in Madison shopping mall in Gdańsk.
Graphene to insulate buildings
POLAND The Warsaw University of Technology is working on materials based on grapheme that act as thermal insulators, which could eventually be used in façades, windows and fabrics.
Retail & leisure
Silesia City on the sunny side
POLAND Solar panels have been installed in the Silesia City Center. This is the first such installation in a shopping centre in the region.
Warehouse & industrial
Globalway enters Gdańsk
POLAND Furniture distributor Globalway is entering Poland and has leased almost 3,500 sqm in Panattoni Park Gdańsk I.
Investment & finance
URW announces H1 results
WORLD Unibail Rodamco Westfield has announced its results for the first half of 2019. Over the period the group saw sales grow y-o-y by 5.7 pct in Continental Europe, 7.1 pct in the UK, and 4.9 pct in the US.
Retail & leisure
Capitol comes to Požega
CROATIA The Požega Shopping Capitol mall is to open in the east of the country in October 2019. The grocery anchor is to be Spar, while other tenants in the 4,000 sqm building will include Pepco, TEDi, Tutto Bene, Bipa and Intersport.
Retail & leisure
Wrocław mall to open in 2020
POLAND Mallson Polska is to be responsible for the commercial concept and the commercialisation of the Centrum Stabłowicka retail centre, which is to be built on ul. Stabłowicka in the north-western part of Wrocław by an undisclosed investor.
Office & mixed-use development
Growing demand for Moscow offices
RUSSIA In Q2 2019, the total volume of Moscow office take-up grew by 27 pct y-o-y coming to 361,000 sqm.
Office & mixed-use development
Assa Abloy chooses Equal Business
POLAND Automatic door manufacturer Assa Abloy has leased 745 sqm in building C of the Equal Business Park complex.
Office & mixed-use development
Three leases in the garden
POLAND Vastint Poland has leased out 3,710 sqm of office space in the recently completed second stage of Business Garden Poznań to three tenants.
Office & mixed-use development
UDI to build Budapest office complex
HUNGARY Czech developer Urban Developers and Investors Group has bought a 2 ha plot in Budapest’s 13th district, just north of the city centre, for an office complex development.
Investment & finance
Atrium sees slight rise in income
EUROPE In the first half of the year Atrium European Real Estate saw a 0.5 pct increase in its net rental income across its portfolio which came to EUR 92.4 mln with a 1.5 pct increase excluding Russia.
EurobuildCEE
Top 5 hot stories of July
EUROBUILD CEE Now we’ve finished the month of July it’s time to see what stories had the most hits so here we present the top five stories of the month.
Technology
Frisco.pl gains a voice
POLAND From September Frisco.pl will be the first online grocer in Poland to make use of the Google Assistant app allowing the customer to order goods with voice commands.
Office & mixed-use development
Mirbud to build EQlibrium II
POLAND Mirbud has signed a contract worth PLN 26.4 mln gross to construct the Eqlibrium II office building at ul. Wschowska 8 in Warsaw.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
Coronavirus
Vaccination centre provided by Globalworth
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Employers in no rush to return to workplaces
Catella sees hope and chances for real estate after Covid-19
Corporate social responsibility
Not only for horses
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Panattoni sticks to the fairway
Colliers ends operations in Russia, Belarus
E-commerce
This is the end
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Wildberries now growing in Ukraine
Wildberries growing in April
ESG
B10 takes WiredScore Platinum
The B10 office building in Wrocław, owned by Vastint Poland, has been certified with a WiredScore Platinum rating. The certification is an assessment ...
Moderna Office goes Platinum
GTC teams up with Paul
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
Call for nominations and jury members!
Let's live this again!
Eurobuild FM
A breath of fresh air from France, or comments from Cannes part 3
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
EurobuildCEE
Eurobuild celebrates its 300th issue!
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
Events
Race'N'Raise supports rural children's education
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
CPK arises
Back to the Future Conference
Exclusive
Demand for PBSA continues to accelerate
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
More than 15 minutes of fame
Capitalising on the landlord's market
Eye to eye
Eye to eye… with Władysław Grochowski
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
Eye to eye… with Paweł Sapek
Eye to eye with… Daniel Bienias
For Ukraine
Nansen Refugee Award goes to Poland!
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Build Europe supports refugees and appeals to European Commission
Former Russian building to house Ukrainian refugees
Green projects
EIB grants CTP solar-powered €200m loan
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
Cromwell granted €66m green loan for Janki
Pad Res to build 2 PV farms in Pomerania
Hotels
Romanian hotel market continues to recover
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Condo to be built on the Baltic
Marriott plans to expand Four Points by Flex portfolio
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Most of the land now acquired for CPK
CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airp ...
Tunnel to be built under Baltic
Grand station in little Brzeziny
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
Bank Millenium finances solar farms
Pad Res, a Polish developer and investor in renewable energy, has secured a PLN 107.1 mln loan from Bank Millennium. The funds will be used for the op ...
GCP granted EUR 322 mln loan
Panattoni buys former paint factory
Land acquisitions
Panattoni enlarges its Swedish portfolio
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
CTP purchases land in Kragujevac
CTP secures major brownfield site
Material partner
Atlas Estates secures major loan from Bank Pekao
Atlas Estates is pleased to announce the successful securing of a significant loan facility from Bank Pekao SA, one of Poland’s leading financial inst ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Katowice to exchange mine for Technology hub
The Shaft Katowice – Silesian Hub for Advanced Future Technologies complex is to be built on the site of the Wieczorek coal mine in Katowice. Strabag ...
Office market in Warsaw remains stable
Shiji stays on in Silesia Business Park
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
Public buildings
Warsaw Uni building underway
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
PBSA market set to grow rapidly
Over the next two years, the number of beds in private student residence halls will increase by 70 pct, according to the latest analysis by Knight Fra ...
Zeitraum – Racławicka to open for next semester
Noli Studios Gdansk Old Town unveiled
Retail & leisure
Romania attractive to foreign retailers
Romania’s retail market continues to attract a growing number of international brands, according to data from the Cushman & Wakefield Echinox real est ...
Supernova expansion for Eleport
Scallier to take on five more retail parks
Technology
Velis has a new name
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
City Park expands to 45,000 sqm
Construction work has begun on a new 10,000 sqm building in City Park Warsaw, which will comprise SBUs with office and warehousing space. Upon complet ...
