News

EUROPE P3 Logistic Parks’ growth in 2018 was largely driven by the boom in online demand.

Retail & leisure

Five leases for Morski Retail Park

POLAND Five tenants have recently leased space in the building which is now being constructed as an extension of the Morski Retail Park in Gdańsk.

Investment & finance

Tallest Kraków building sold

POLAND Austrian investment advisor Fle has bought the K1 office building in Kraków.

Retail & leisure

Meating Point opens second restaurant in Warsaw

POLAND The Meating Point self-service restaurant chain has leased 450 sqm in the the Moje Miejsce mixed-use project which is being developed by Echo Investment in Warsaw’s Dolny Mokotów district. This will be the second restaurant of the chain in the city.

Investment & finance

Atrium sold

POLAND Strabag Real Estate has acquired the Atrium International office building on al. Jana Pawła II in Warsaw’s CBD from Patrizia Immobilien.

Another Panattoni warehouse for Amazon

POLAND Amazon has chosen Panattoni Europe to develop a 44,800 e-commerce logistics centre in Pawlikowice near Łódź.

Finance to go sustainable

WORLD The property working group of the UNEP Finance Initiative, in collaboration with RICS, PRI, and members of the Global Investor Coalition on Climate Change, have published a framework for the financing of sustainably developed real estate projects.

7R to build more SBUs

POLSKA 7R has started the construction of a urban warehouse on ul. Rokicińska in Łódź.

ProData Consult broadens its horizons

POLAND IT company ProData Consult has expanded its lease from 3,500 to 4,500 sqm in the Horizon Plaza office building in Warsaw’s Mokotów district.

Panattoni expands in Silesia

POLAND Panattoni Europe has started the development of Panattoni Park Sosnowiec II, a 80,000 sqm distribution centre in Upper Silesia.

Echo sees PLN 300 mln profit

POLAND Echo Investment recorded full-year net profit of PLN 305 mln for 2018.

Investment & finance

Japanese producer comes to Poland

POLAND Japanese e-motor core manufacturer Mitsui High-tec is to build its first European factory in Poland. The company is to invest PLN 160 mln.

BSCs turn to smaller cities

Opr./edited by AZ

POLAND Smaller Polish cities have new opportunities for investment from the business service centres sector, according to the ‘Potential of Medium-Sized Cities in Poland for the Location of BPO/SSC/IT/R&D projects’ report prepared by the Association of Business Service Leaders (ABSL), commissioned by the ministry of investment and development.

Interior design

Massive Design tests The Hub ceiling on itself

Anna Pakulniewicz

POLAND Massive Design has unveiled the self-designed interior of its new, 300 sqm head office in the Wronia 31 building in Warsaw.

Zalando launches Olsztynek centre

Opr./edited by AZ

POLAND Online clothes, footwear and beauty products retailer Zalando has chosen Fiege e-Com North to operate a distribution centre for its Zalando Lounge platform in Olsztynek in northern Poland.

Residential

Euro Styl buys boot-iful Gdańsk site

Opr./edited by TC

POLAND Euro Styl, part of the Dom Development Group, has acquired a large development site neighbouring the Europejskie Centrum Solidarności [European Solidarity Centre] in Gdańsk. The developer is planning to build residential and office buildings on the site, forming part of the Młode Miasto urban development project.

Record profits for Dom Development

POLAND Dom Development registered record sales revenues of PLN 1,654 mln (up 18 pct y-o-y) in 2018, and a record net profit of PLN 227 mln (up 19 pct y-o-y). This has enabled the management to recommend a dividend payment of PLN 9.05 per share from last year’s profits.

Over 5 mln sqm in the regions

21 March 2019

POLAND The office stock in Poland’s regional cities will surpass 5 mln sqm by the end of March 2019, claims real estate advisory Savills.

Knight Frank wins Łódź Work mandate

21 March 2019

POLSKA Knight Frank has been appointed the exclusive agent of the Łódź Work office complex.

Trinity rebranded

21 March 2019