News

Warehouse & industrial

Poland MLP Poznań West set for expansion

schedule 29 August 2023
Opr./edited by ANZ

MLP Group has purchased 6 ha of land adjacent to the MLP Poznań West logistics centre. This will allow the construction of another 30,000 sqm of modern warehouse space. As a result, the target space of the complex will increase to over 170,000 sqm. 

Investment & finance

Poland DSV Group will spend 1 bln on investments

schedule 28 August 2023
Opr./edited by ANZ

The DSV Group intends to invest more than 1 bln PLN over the next five years in Poland. The largest investment will be the construction of a logistics centre in Wypędy near Warsaw. The cost of the project will be more than 260 mln PLN.

Office & mixed-use development

Poland Varso architects move in

schedule 28 August 2023
Opr./edited by ANZ

HB Reavis has signed a lease agreement with Foster+Partners. The renowned architecture studio will open its Warsaw office in the Varso Tower building. The Polish branch of the firm will occupy 730 sqm of space on the 44th floor. The studio will move into the new office later this year.

Warehouse & industrial

Poland Larger GLP Wrocław V on its way

schedule 28 August 2023
Opr./edited by ANZ

GLP has started the construction of another warehouse at Wrocław V Logistics Centre. Developed in the Wrocław metropolitan area, the warehouse park in Magnice is to expand by more than 86,000 sqm. The latest stage of the project had already been fully leased before the start of construction.

Office & mixed-use development

Poland Sobieski Tower awaits green light

schedule 28 August 2023
Opr./edited by ANZ

Ghelamco has applied for a building permit for Sobieski Tower in Warsaw's Ochota district. The 130-metre-high skyscraper will stand on an empty plot at Plac Zawiszy.

Hotels

Croatia Rooms with a view

schedule 25 August 2023
Opr./edited by ANZ

AC Hotels by Marriott, part of Marriott Bonvoy’s portfolio of 31 brands, has announced its brand debut in Croatia with the opening of AC Hotel by Marriott Split. The new hotel is housed on the high floors of the 135-metre-high Westgate Tower with spectacular views of the Adriatic Sea and Split’s unique cityscape.

Warehouse & industrial

Romania FineStore chooses CTP

schedule 25 August 2023
Opr./edited by JC

CTP has delivered a warehouse of almost 10,000 sqm in CTPark Bucharest North for the online liquor retailer FineStore.

Warehouse & industrial

Poland Tenant activity slows down

schedule 25 August 2023
Opr./edited by ANZ

According to the 'Occupier Insight – Industrial and Warehouse Market in Poland H1 2023' report prepared by Newmark Polska, both tenants and developers are currently exhibiting caution in their decision-making, which has resulted in a decline in leasing activity and construction volumes. Meanwhile, the availability of space in existing warehouses has increased.

Investment & finance

Poland GTC records growth

schedule 24 August 2023
Opr./edited by ANZ

GTC has presented its financial results for H1 of 2023. Rental and service revenues ranked at EUR 90 mln (EUR 85 mln in the corresponding period of 2022), while rental revenue growth increased by 8 pct on a like-for-like basis.

Warehouse & industrial

Poland Accolade has summed up H1

schedule 24 August 2023
Opr./edited by ANZ

At the end of H1 2023, the total warehouse space owned by Accolade amounted to 1.3 mln sqm within 26 parks located across Poland. The total value of the portfolio under management is more than EUR 1.3 bln.

Warehouse & industrial

Czech Republic Panasonic starts production in Pilsen

schedule 23 August 2023
Opr./edited by ANZ

The hall in Panattoni Park Pilsen West II has welcomed Panasonic as a new tenant. The hall, with a total area of over 24,600 sqm, will be used for the production and storage of control panels for air conditioners and heat pumps manufactured in the Czech Republic.

Warehouse & industrial

Germany Logicenters develops in Mannheim

schedule 23 August 2023
Opr./edited by ANZ

Logicenters strengthens its presence in Germany through a joint venture with a German family office to build up a logistics portfolio. As a first project, they are developing 18,500 sqm property in Mannheim.

Office & mixed-use development

Czech Republic Epam arrives at Port7

schedule 23 August 2023
Opr./edited by JC

Epam is joining the business community settled in Port7, in Prague 7 Holešovice. Skanska´s largest mixed-use project in the Czech capital offers a total of 36,000 sqm of commercial space.

Warehouse & industrial

Poland IGS Schreiner chooses Panattoni

schedule 23 August 2023
Opr./edited by JC

IGS Schreiner Polska has decided to relocate to a warehouse center in the southwestern part of Warsaw, Panattoni Park Nadarzyn II. Under the signed agreement, the tenant will occupy 5060 sqm of logistics and office space.

Warehouse & industrial

Poland The first tenant signed up for MLP Gorzów

schedule 22 August 2023
Opr./edited by JC

MLP Group has signed the first lease contract for its greenfield logistics project in Gorzów Wielkopolski. Sunrise Medical will take up a total of 9,200 sqm of space.

Warehouse & industrial

Germany Sonar leases to Volkswagen OTL

schedule 22 August 2023
Opr./edited by ANZ

Sonar Real Estate has agreed a long-term lease to Volkswagen Original Teile Logistik in a logistics property, totalling approx. 21,250 sqm, in Fritzlar, Hesse. Sonar acted as the asset manager for the property, which is part of the portfolio of the EPISO 5 fund managed by Tristan Capital Partners.

Investment & finance

Slovakia Mitiska gears up for expansion in Slovakia

schedule 21 August 2023
Opr./edited by ANZ

Mitiska REIM has purchased a retail park in Skalica on behalf of the MEREP 3 fund. The company is also developing a new facility in Sládkovičovo and has announced plans to increase its portfolio of retail parks in Slovakia in partnership with OPC Group.

Hotels

CEE The top 5 hotel markets

schedule 21 August 2023
Opr./edited by ANZ

In Cushman & Wakefield’s latest Hotel Operator Beat survey, Budapest was placed as the most attractive market in CEE, reaching 4.3 points on a 1–5 scale where 5 means very high interest. Prague is a little step down with 4.2 points, and Warsaw, Kraków and Bucharest complete the top 5 markets targeted by hotel operators.

Investment & finance

Poland Panattoni with the financing from BGK

schedule 21 August 2023
Opr./edited by JC

Panattoni has been granted financing for the development of City Logistics Warsaw IX in Targówek – one of its urban parks in Warsaw. The EUR 10.5 mln loan was granted by Bank Gospodarstwa Krajowego.

Investment & finance

Polska 54 million to build two farms

schedule 21 August 2023
Opr./edited by JC

Pad Res has closed a financing agreement with the Polish Development Fund (PFR) for PLN 240 mln. The funding will be allocated to the construction of two photovoltaic farms, with a combined capacity of 117 MW, in northern Poland.

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Edition 4 (297) April 2025

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