News

POLAND Santander Bank Polska has leased nearly 5,000 sqm of office space in building A of CZ Office Park at the junction of ul. Nałęczowska and al. Kraśnicka in Lublin.

LATVIA The Baltic Horizon Fund, managed by Northern Horizon Capital, has signed a preliminary agreement to buy all the shares of Tampere Invest SIA, which owns the Galerija Centrs shopping centre in Riga’s Old Town from Linstow for EUR 75 mln.

Warimpex sees profits rise

EUROPE Warimpex has regestered a EUR 11.8 mln profit for Q1 2019, which compares to a EUR 3 mln loss in the same period of the previous year. The company attributes the improvement to higher gains on property sales and exchange rate gains.

Investment & finance

Focus plans expansion

Rafał Ostrowski
journalist

POLAND/SLOVAKIA/CZECH REPUBLIC Focus Estate Fund has announced its plans to enter the Slovak market as well as to double the size of its current portfolio over the next two years.

Residential

Quarters co-living enters Poland

POLAND Coliving space provider Medici Living Group is expanding into Poland.

Strong Q1 for Immofinanz

EUROPE Immofinanz has recorded a rental income of EUR 65.2 mln in Q1 2019, up 10.5 pct y-o-y.

Warehouse & industrial

Panattoni goes speculative in Pruszków

POLAND Panattoni Europe has launched the construction of Panattoni Park Pruszków IV near Warsaw.

Investment & finance

Why invest in Poland?

Office & mixed-use development

POLAND Foreign investment in Polish cities is mainly dependent on their labour, their infrastructure, the availability of office space and how well the market supports local businesses according to the ‘Business Environment Assessment Study’ published by Antal, which examined the business environments of Warsaw, Wrocław, Poznań, Łódź, the Tri-City, Kraków, Szczecin and Lublin.

Chmielna 89 under construction and with tenants

POLAND Already 20 pct of the space in the Chmielna 89 has been leased out, developer Cavatina told 'EurobuildCEE'.

Investment & finance

Cinema 3D joins Multikino

POLAND The final sale agreement of the Cinema 3D cinema portfolio has been signed.

Knight Frank busy in Dębiec

POLAND Knight Frank has been appointed asset manager, property administrator and leasing agent of the Galeria Dębiec shopping centre in Poznań.

Panattoni enters Zabrze

POLAND Panattoni Europe has started the development of its first logistics project in Zabrze. Panattoni Park Zabrze will include three buildings with a total of 64,200 sqm of space.

White Star to start Budapest project

HUNGARY White Star Real Estate is planning to start the construction of the park22 office and warehouse project adjacent to the Campona Shopping Centre in southern Budapest.

Record warehouse pipeline

POLAND The amnount of warehouse space currently under construction amounts to 2.16 mln sqm, according to Cresa Poland’s “Occupier Insight Q1 2019 “ report. This is the country’s record for projects under construction.

Flex sector to grow by half

Rafał Ostrowski
journalist

EMEA Flexible workspace in EMEA is to grow by over 50 pct by 2022, according to the “Flexible Workspace Outlook Report 2019” report by Colliers International.

How to reduce urban sprawl

POLAND Urban space in the twentieth century belonged to cars. In the 21st century it has been reclaimed by people – this is how current urban trends can be summarised. Inward development, the narrowing of streets to expand space for pedestrians, the building of a dense network of cycle lanes and strengthening the role of public transport are some of the measures taken in modern cities to improve the lives of residents, according to report by Colliers International.

Hotels

Europa Capital completes transformation of Radisson

POLAND Europa Capital has completed a comprehensive refurbishment of Warsaw’s Radisson Blu Centrum Hotel, which has now reopened as a five star Radisson Collection branded hotel.

Construction

Topping off at Hilton

24 May 2019