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News

Warehouse & industrial

Czech Republic Czech industrial back on the up

schedule 27 September 2024
Opr./edited by JC

Demand for industrial space is stabilising across Europe, as indicated by the recent European Logistic Update report by Cushman & Wakefield. In the Czech Republic, the situation is now returning to pre-pandemic levels.

ESG

CEE Waste under the spotlight

schedule 26 September 2024
Opr./edited by ANZ

Skanska has entered into a partnership with the WasteTracker startup. The smart waste counter will help monitor and report on waste streams, supporting the process of responsible building management. The system will operate across Skanska's current portfolio in Central and Eastern Europe.

Hotels

Europe Moxy plans a ton

schedule 26 September 2024
Opr./edited by ANZ

The Moxy Hotels brand has announced the expansion of its European portfolio to 100 hotels by the end of 2025. 17 more hotels are to open by the end of next year, including Moxy Warsaw City.

Investment & finance

CEE REGION P3 issues €500m green bond

schedule 25 September 2024
Opr./edited by NN

Prague-based warehouse developer P3 Group has issued a 7.6-year EUR 500 mln Green Bond. With this, P3 will have signed over EUR 6 bln in new debt since the implementation of its most recent funding strategy in December 2021.

Office & mixed-use development

POLAND Meril takes a breath of Oxygen

schedule 25 September 2024
Opr./edited by NN

Indian medical device producer Meril has leased 300 sqm for five years in the Oxygen Park office complex in Warsaw.

Investment & finance

Poland €50m loan for Skyliner II

schedule 25 September 2024
Opr./edited by ANZ

Karimpol Polska has secured EUR 50 mln in financing from Bank Pekao for the second phase of the Skyliner II development on Rondo Daszyńskiego in Warsaw. The bank also financed the construction of the first tower of the complex.

Investment & finance

Europe ECE capital injection

schedule 25 September 2024
Opr./edited by ANZ

ECE Real Estate Partners is expanding its investment activities and has raised further circa EUR 100 mln of capital for its ECE Progressive Income Growth Fund that invests in high quality shopping centres in Europe and holds a portfolio of seven centres with a total market value of more than EUR 2.2 bln.

Office & mixed-use development

Poland Challenges and stabilisation

schedule 24 September 2024
Opr./edited by ANZ

Savills has summarised H1 in the Kraków office market. Despite the challenges of rising vacancy rates and a significant drop in activity on the part of developers, Kraków's office market is showing signs of stabilisation and is looking ahead to further growth.

Investment & finance

Europe Panattoni launches a logistics income fund

schedule 24 September 2024
Opr./edited by JC

Panattoni has launched a pan-European fund that will invest in modern, sustainable, income-producing logistics properties. The Panattoni Income Fund is domiciled in Luxembourg with an open-ended, evergreen structure.

Warehouse & industrial

Poland ELI grows in Silesia

schedule 20 September 2024
Opr./edited by JC

European Logistics Investment, a logistics platform owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia.

Investment & finance

Poland Another Smart Park sold

schedule 19 September 2024
Opr./edited by JC

Smart Park Poland has sold a retail park in Syców (Dolnośląskie Voivodeship) to the Saller Group. The area of the facility is 8,000 sqm.

Warehouse & industrial

Romania VAT partners up with VGP

schedule 19 September 2024
Opr./edited by JC

VAT Romania broke ground for its new factory located in VGP Park Arad, a strategic logistics hub adjacent to the A1 motorway and key European routes.

Warehouse & industrial

Poland One more beer in Pruszków

schedule 19 September 2024
Opr./edited by JC

United Distribution Holding, a distributor of global brands of beer and food products in Poland, decided to add more than 2,300 sqm of industrial space to its existing agreement at the Warsaw West Park-Pruszków distribution centre.

Warehouse & industrial

Germany Garbe is leasing in Kelsterbach

schedule 19 September 2024
Opr./edited by JC

Garbe Industrial Real Estate has re-let around two thirds of the space in its property in Kelsterbach, near Frankfurt am Main. A wholesaler will be using the facility to store and distribute building materials.

Warehouse & industrial

Poland City Logistics Kraków Airport II is full

schedule 18 September 2024
Opr./edited by JC

Panattoni has fully commercialised City Logistics Kraków Airport II, its latest project in Małopolska. The second tenant for the development will occupy 20,050 sqm.

Office & mixed-use development

Poland Strabag to develop Plaza Nova

schedule 18 September 2024
Opr./edited by JC

Strabag Real Estate will develop Plaza Nova, a mixed-use complex in Kraków. The facility will be built on the site of the former Plaza shopping mall, which was demolished last year.

Residential

Czech Republic Rentals in Prague are on the rise

schedule 18 September 2024
Opr./edited by JC

According to Savills Rental Housing report, the share of residential transactions within total investment volumes in Prague has been increasing since 2023. Rental housing is expected to exceed last year's volume, making 2024 one of the most successful years for this sector.

Investment & finance

Poland Nepi set to buy Magnolia

schedule 17 September 2024
Opr./edited by JC

Nepi Rockcastle is in negotiations to acquire the 100,000 sqm gla Magnolia Park shopping centre in Wrocław from Union Investment Real Estate.

Warehouse & industrial

Poland MLP is hungry for tenants

schedule 17 September 2024
Opr./edited by JC

Chefs Culinar has become the first tenant at MLP Business Park Łódź. The company has leased over 1,600 sqm of warehouse and office space.

Retail & leisure

Poland Another field for Refield

schedule 16 September 2024
Opr./edited by JC

Refield is starting the development of the first retail park in Środa Wielkopolska. Pasaż Średzki is expected to open in 2026.

Edition 10 (292) September 2024

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