Office & mixed-use development
The hotel section has opened of Montownia Lofts & Experience – the latest stage of Euro Styl’s Doki development in the Młode Miasto revitalisation of the former Gdańsk shipyard.
Warehouse & industrial
Construction of the second phase of the SBU Multipark Bydgoszcz complex developed by LCP Properties is nearing completion. Leasing of the new part is underway, and it is scheduled to open in spring 2023.
Investment & finance
Newport Logistics Fund II, a fund investing in development of warehouses in Europe, was established in Luxembourg as an investment company. Second fund is looking to raise 100 mln EUR for further investments in Western Europe.
Retail & leisure
Trei Real Estate has just opened another two retail parks of its Vendo Park brand in Poland. The properties are located in Zambrów and in Kraków. The two retail parks have a combined lettable area of around 11,000 sqm, and the investment volume adds up to circa EUR 16.4 mln.
Office & mixed-use development
As part of its UK urban regeneration project, Cordia has completed the renovation of the listed building that houses its local HQ. The developer has restored the former Lloyds TSB Bank landmark asset, offering seven commercial spaces for mixed uses, including office and retail.
Investment & finance
Belgian investor Mitiska REIM has acquired the 67,000 sqm gla Europa Centralna shopping complex in Gliwice from Sierra Balmain for an undisclosed sum.
Investment & finance
Moje Miejsce II, the second office building of Echo Investment’s multifunctional project in Warsaw, has been acquired by Czech investor Trigea Real Estate Fund for EUR 45 mln.
Office & mixed-use development
The average office fit-out costs in Romania increased by around 20-30 pct in 2022, due to rising prices, supply chain disruptions, and higher materials’ costs, but also as a result of the increased labor costs. Therefore, companies incurred average expenses of EUR 820 per sqm of office space, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
Warehouse & industrial
Ideal Idea has completed phase two of the expansion of its warehouse and office park at the boundary between Warsaw and Raszyn. The new facilities at City Park Warsaw II, created in the SBU model, are built in compliance with BREEAM standards, meeting strict requirements for environmental protection, and optimization of operating costs.
Warehouse & industrial
CTP has acquired a portfolio of warehouses totalling over 100,000 sqm in Romania from French operator FM Logistic. The supply chain services company will continue as a CTP tenant for the long term.
Office & mixed-use development
Up Fitness Club with a Mission enters Wrocław as yet another tenant at the Infinity – an office building being built by Avestus Real Estate in cooperation with its business partner Alchemy Properties at Plac Jana Pawła II. This modern club will occupy almost 1,350 sqm of space on the building’s first floor. The place is scheduled to open in Q4 2023.
Investment & finance
The Echo-Archicom Group closes the year 2022 with a strong cash position and further reduced net debt of the company. This is the result of sale of seven office buildings worth nearly EUR 320 mln.
Office & mixed-use development
Brama Miasta, a project of the Skanska office unit developed in the New Centre of Lodz, gained a new tenant. The international TomTom company has just moved into the facility and occupies office as well as service space.
Warehouse & industrial
In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and rising occupancy costs. The expected decline in new supply and shrinking land availability are likely to result in a supply gap in the space of the next year or so, says real estate advisory firm Savills.
Warehouse & industrial
Reka Rubber Polska, manufacturer of rubber products, will double its lease at MLP Poznań West to close to 4,000 sqm. The company is expected to move into the new facility in the second quarter of 2023.
Warehouse & industrial
Czech warehouse developer CTP has entered Poland’s Pomerania region, where it will soon be launching the construction of the 119,000 sqm CTPark Gdańsk Port.
Green projects
Owned by the Capital Park Group, the Warsaw mixed use complex Norblin Factory has received the final BREEAM certificates for both its office and retail sections. A photovoltaic system has been installed in the complex, and the managers are continuing their efforts to steadily reduce the property’s carbon footprint.
Warehouse & industrial
Panattoni has started the construction of Panattoni Park Lublin IV. The two-building complex with 53,900 sqm should be completed later this year.
Warehouse & industrial
Lighting company Wojnarowscy has renewed a lease agreement for 3,870 sqm of warehouse and office space in Panattoni Park Sosnowiec II.
Warehouse & industrial
Garbe has acquired a plot of land of around 100,000 sqm in Kabelsketal (Saxony-Anhalt, Germany). A logistics property with a total area of approx. 61,500 sqm is planned on the site. Garbe is investing around 76 mln euros in the project. Construction is scheduled to start in October.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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.
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 ...
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 ...
The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Vastint has completed the II stage of the Gdynia Waterfront development. A modern multifunctional complex is being built in the heart of the city, nex ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
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 ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
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 ...
The Polish industrial and logistics market demonstrated resilience in the first three quarters of 2024. During this period, 2.1 mln sqm of new warehou ...
