Retail & leisure
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
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
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
POLAND Echo Investment has started the construction of Villa Offices, the second office building in its Browary Warszawskie development in Warsaw.
Investment & finance
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
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
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
POLAND Clothing chain TK Maxx has prolonged its lease of 2,445 sqm in the Sarni Stok shopping centre in Bielsko-Biała.
Investment & finance
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
POLAND Capital Park Group has opened a hotel at ul. Lektykarska 4 in Gdańsk’s Old Town.
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
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
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
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
POLAND All the office buildings owned by Adgar Poland are now LEED certified at the ‘Gold’ level.
Residential
POLAND Robyg has started the sales of apartments in its first project on Warsaw’s Praga side.
POLAND Online fashion retailer About You has launched its Polish website.
Investment & finance
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
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
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.
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Cereals company Sonko has extended its 22,000 sqm lease in Prologis Park Wrocław. The company has been a tenant in the park since 2007.
June 2026