News
Retail & leisure
Cities below 100,000 on the retail radar
POLAND More than 180,000 sqm of retail space was added to the market in H1 2018 and another 330,000 sqm is expected to be completed by the year-end, according to Cushman & Wakefield’s MarketBeat report on the Polish retail market. The numbers represent an increase of over 25 pct y-on-y, bringing Poland’s total retail stock to more than 14.8 mln sqm. The new supply will be concentrated in cities with fewer than 100,000 inhabitants, accounting for 40 pct of this year’s openings.
Retail & leisure
Novel look for Terranova
POLAND For its 30th anniversary, Italian fashion brand Terranova has unveiled its new look, with the first Polish store with the new layout to open in the Libero shopping centre in Katowice.
Warehouse & industrial
Logistics yields falls for the first time
EUROPE The overall European logistics yield dropped 14 bps to 5.95 pct in Q2 2018, the first time it has fallen below 6 pct since Cushman & Wakefield began tracking the three main property sectors in 1992, according to the firm’s ‘DNA of Real Estate’ report.
Office & mixed-use development
Echo begins latest Browary building
POLAND Echo Investment has started the construction of Villa Offices, the second office building in its Browary Warszawskie development in Warsaw.
Investment & finance
Balmain now sole owner of BSC group
CEE REGION Balmain Asset Management has purchased minority stakes in BSC Real Estate Advisors and BSC Property Management to become the sole owner of both companies.
Office & mixed-use development
2,000 leased in Malta Office Park
POLAND EPP has secured two new lease contracts for almost 2,000 sqm of office space in Malta Office Park in the central-east part of Poznań.
Warehouse & industrial
Warehousing taking off in the east
POLAND In the first half of the year, 2.02 mln sqm of modern warehouse space was leased, of which 65 pct were new lease agreements and expansions, according to the latest Polish warehousing market report by Axi Immo.
Retail & leisure
Maxximum Stok
POLAND Clothing chain TK Maxx has prolonged its lease of 2,445 sqm in the Sarni Stok shopping centre in Bielsko-Biała.
Investment & finance
How to prepare for the minimum tax
POLAND The minimum tax is now calculated based on the initial value of a property minus PLN 10 mln for each building. The law that is to come into force is to change how this is calculated. PLN 10 mln is to be subtracted from a company's income. How to prepare for the law amendment says Justyna Bauta-Szostak, a tax adviser and partner at MDDP.
Hotels
Hotel and cinema in one
POLAND Capital Park Group has opened a hotel at ul. Lektykarska 4 in Gdańsk’s Old Town.
RD Bud working on two Castoramas
POLAND RD Bud has been chosen as the general contractor of the Castorama DIY store in Elbląg. The company is also refurbishing a store of thechain in Nowy Targ.
Architecture and urban planning
Zielone Tarasy instead of Galeria Wilanów
POLAND Globe Trade Centre (GTC) has amended the concept of the shopping centre that it is planning to develop in Warsaw's Wilanów district. The developer has begun the redesign of a new project under the working name Zielone Tarasy Wilanów.
Retail & leisure
Enel-Med enters Homepark
POLAND An Enel-Med medical clinic is to open in Homepark Targówek in Warsaw at the beginning of 2019. The lease agreement for 1,000 sqm has been signed for a period of twelve years.
Technology
Dim and dimmer for slimmer bills
POLAND Budimex has published the results of tests of intelligent light fittings designed and manufactured by the Optical Electronics start-up it is co-operating with.
Green projects
Gold for all Adgar buildings
POLAND All the office buildings owned by Adgar Poland are now LEED certified at the ‘Gold’ level.
Residential
Robyg starts selling in Praga
POLAND Robyg has started the sales of apartments in its first project on Warsaw’s Praga side.
In Poland it’s all About You
POLAND Online fashion retailer About You has launched its Polish website.
Investment & finance
EUR 100 mln for Kaufland refit
POLAND Kaufland Polska has taken out a EUR 100 mln loan from the European Investment Bank for its previously announced plans to renovate around 50 stores in Poland.
Residential
Next stop: Grochów!
POLAND Dom Development has launched the sale of apartments in its Stacja Grochów residential estate in Warsaw’s Praga Południe district. The first stage will involve the construction of 138 apartments and ten retail/service units in two buildings designed in a Scandinavian-inspiredstyle.
Green projects
Carrefour lowers emissions
POLAND Environment-friendly refrigeration systems, innovative geothermal installations and energy-efficient LED lighting – these measures aimed at reducing CO2 emissions into the atmosphere have now been introduced to almost 80 pct of Carrefour Polska’s stores.
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
Logicor opens Serenity Park in Mysłowice
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
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
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
Last day to register
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
PBSA enters the mainstream
Let's look into the future!
Exclusive
The voice of the younger generation
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
EGLS enters the scene
The cost of going green
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
Novotel comes to Croatia
Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.
Staycity to open first Aparthotel in Warsaw
Romanian hotels grow
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
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
ECE Work & Live enters Poland
ECE Work & Live is entering Poland by forming a joint venture with GH Development to develop residential projects.
Cavatina to spend PLN 150 mln on land
Shopper Park Plus to enter Poland
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Aon stays for longer
Aon has extended its lease agreement for office space in Warsaw's Skyliner for another five years. The company first moved into the building owned by ...
Office investment set to reach 1.4 bln
Warta chooses Grundmanna Office 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
Student Depot extended in Poznań
Kajima Properties Europe has completed the extension of Student Depot Poznań, adding over 400 new beds to its portfolio. The project, which was deliv ...
StudentSpace comes to Warsaw
No drop in price from price transparency act
Retail & leisure
Retail continues to grow
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
Another Smart Park to come to Wrocław
Explosive growth of retail space in Romania
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
Nonko signs up with MLP
Nonko, a logistics company that serves Chinese clients, has leased 4,100 sqm of modern warehouse space at MLP Wrocław.
