News

London Partners buys Bucharest land

schedule 24 July 2019
Eurobuild CEE

ROMANIA London Partners has bought a 2.87 ha plot in Bucharest’s Expozitiei area for EUR 15 mln.

Warehouse & industrial

Accolade to invest EUR 38 mln

schedule 24 July 2019
Rafał Ostrowski
journalist

POLAND Accolade is planning to build another three buildings in its industrial park in Szczecin.

Architecture and urban planning

Polish finalists at World Architecture Festival

schedule 24 July 2019

WORLD The World Architecture Festival (WAF), one of the most important architectural events globally, is to take place this year on December 4th–6th in Amsterdam – and this time a number of Polish projects have been shortlisted for awards.

Property and Facility Management

Colliers to manage Moje Miejsce

schedule 24 July 2019
Rafał Ostrowski
journalist

POLAND Echo Investment has appointed Colliers International as the manager of the first office building in the Moje Miejsce mixed-use project in Warsaw’s Dolny Mokotów district.

Retail & leisure

PLN 40 mln subsidy for Masurian water-world

schedule 24 July 2019
Opr./edited by AKL

POLAND The Polish Agency for Enterprise Development [PARP] has announced that it has awarded a subsidy to two projects as part of the fourth ‘Product Chain Creation By Small and Medium Enterprises’ [Tworzenie Produktów Sieciowych Przez MŚP] competition for the Operational Programme Eastern Poland 2014–2020. One of the two winners is a real estate project: Wodny Świat, which is to be built in Giżycko and Gajewo.

Over 5 mln sqm in eight largest regional markets

schedule 24 July 2019
Eurobuild CEE

POLAND At the end of H1 2019, the total modern office stock in the eight major regional markets (Kraków, Wrocław, the Tri-City, Górnośląsko-Zagłębiowska Metropolis, Poznań, Łódź, Lublin and Szczecin) came to 5,302,900 sqm according to the latest figures from the Polish Chamber of Commercial Real Estate.

Warehouse & industrial

Panattoni builds for Amazon

schedule 24 July 2019
Rafał Ostrowski
journalist

POLAND Panattoni Europe has completed the Amazon logistics centre in Okmiany near Bolesławiec in Lower Silesia.

Investment & finance

Gazit launches bid for all of Atrium

schedule 23 July 2019
Nathan North
managing editor (English section)

CEE REGION Israeli investor Gazit Globe has agreed to buy the 39.9 pct stake it does not already own in CEE shopping centre owner and operator Atrium European Real Estate at a price of EUR 3.75 per share – which for the 150 mln shares amounts to a gross consideration of EUR 565 mln.

Abris buys Global Technical Group

schedule 23 July 2019
Alex Hayes
journalist

ROMANIA Fund manager Abris Capital Partners has signed an agreement to acquire a majority stake in Global Technical Group (GTS), a developer of IT system for property management.

Office & mixed-use development

Calisia One now open

schedule 23 July 2019
Anna Pakulniewicz

POLAND The Calisia One hotel and office project has been officially opened by Antczak Investments in Kalisz (between Łódź and Poznań). The Hampton by Hilton Kalisz was developed through the conversion of a former piano factory.

Hotels

Holiday Inn Gdańsk City Center opens with offices to follow

schedule 23 July 2019
Anna Pakulniewicz

POLAND Holiday Inn Gdańsk City Center, which was developed by UBM Development on the city’s Spichrzów Island, has been officially opened – including the Sky Bar with a view of the river Motława.

Czerniaków to stay green

schedule 23 July 2019
Anna Pakulniewicz

POLAND The city of Warsaw has passed a spatial development plan for Czerniaków Południowy.

Retail & leisure

Modernisation starts on Avenida

schedule 23 July 2019
Eurobuild CEE

POLAND Work has begun on the two upper floors of the Avenida mall in Poznań.

Office & mixed-use development

Second stage of Oficyna underway

schedule 23 July 2019
Alex Hayes
journalist

POLAND Torus has started the construction of the second stage of the Officyna office building in Gdańsk.

Office & mixed-use development

Office vacancy down again

schedule 23 July 2019
Eurobuild CEE

POLAND The vacancy rate on the Warsaw office market decreased to 8.5 pct, which is a fall of 2.6 p.p. y-o-y. This is the lowest vacancy rate since 2012 and the rate is forecast to decrease further, says JLL.

Retail & leisure

Stable H1 for retail

schedule 23 July 2019
Eurobuild CEE

POLAND Another 200,000 sqm of retail space is scheduled to be opened in the second half of this year and the total retail supply for 2019 is expected to be similar to last year’s volume, says Cushman & Wakefield.

Retail & leisure

Third Lower Silesian logistics centre for Amazon

schedule 23 July 2019
Opr./edited by AKL

POLAND A 60,000 sqm Amazon logistics centre is to be opened by the end of the year in Okmany in Lower Silesia.

Warehouse & industrial

7R opens two TriCity sheds

schedule 23 July 2019
Opr./edited by TC

POLAND Dekpol has completed the construction of two ‘design and build’ warehouses for 7R in Swarożyn near Tczew in the TriCity.

Retail & leisure

Leroy Merlin to open on Szczecin outskirts

schedule 23 July 2019
Opr./edited by TSG

POLAND A Leroy Merlin store is under construction on ul. Floriana Krygiera in Ustowo, near the boundary of Szczecin and Kołbaskowo borough.

Retail & leisure

Max appreciation from Santander

schedule 23 July 2019
Opr./edited by TC

POLAND Santander bank has signed an extension lease agreement with CREAM for all the space in a building adjacent to its Max shopping centre in Tarnów.

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