News

Office & mixed-use development

Romania Globalworth will host CEOs

schedule 18 July 2023
Opr./edited by JC

Globalworth announced a new partnership with CEO Clubs, a member of the Superbrain community for top company management and one of the most important business networks in Romania.

Construction

POLAND Erbud and Daewoo sign five-year MOU

schedule 17 July 2023
Nathan North
deputy editor

Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement projects in the energy and key industrial, infrastructural and military sectors across Poland.

Hotels

ROMANIA Historic Braşov hotel sold for EUR 9.4 mln

schedule 17 July 2023
Opr./edited by NN

Aro Palace, whose majority shareholder is investment fund Transilvania Investments, has sold the Coroana-Postăvaru Hotel in Braşov in central Romania to Elevate Properties for EUR 9.367 mln.

Warehouse & industrial

POLAND Stokrotka takes 7k in Panattoni Białystok II

schedule 17 July 2023
Opr./edited by NN

The Stokrotka grocery store chain has leased almost 6,900 sqm of warehouse and office space in Panattoni Park Białystok II in Choroszcz, about 13 km west of the centre of Białystok.

Office & mixed-use development

POLAND TVN tunes into to Silesia Star

schedule 17 July 2023
Opr./edited by NN

Media outlet TVN Warner Bros Discovery will this month be moving into 500 sqm of offices in building A of Silesia Star in central Katowice, which is owned by Globalworth.

Office & mixed-use development

POLAND The dawn of Infinity

schedule 17 July 2023
Opr./edited by NN

The final occupancy permit has been issued for the Infinity office building, which has been developed in central Wrocław by Avestus Real Estate in cooperation with its business partner Alchemy Properties.

Warehouse & industrial

Poland Panattoni builds speculatively near Kraków

schedule 17 July 2023
Opr./edited by ANZ

Panattoni is starting construction of more than 21,000 sqm of speculative space. City Logistics Kraków Airport II, an investment worth EUR 34 mln, will be built in the vicinity of Kraków's Balice airport and the A4 motorway junction.

Investment & finance

Germany Palmira acquires in Bavaria

schedule 17 July 2023
Opr./edited by ANZ

Palmira Capital Partners has acquired new logistics property in Esselbach, Bavaria. The seller is Westarp KG. The parties have agreed not to disclose the purchase price.

Warehouse & industrial

CROATIA DPD sorted with Adriatic Hub

schedule 14 July 2023
Opr./edited by NN

DPD Croatia, part of French courier group Geopost, has launched the construction of its largest distribution centre in the Adriatic region, which will be used for processing parcels for Croatia and Slovenia.

Warehouse & industrial

NETHERLANDS Accolade finishes first Dutch project

schedule 14 July 2023
Opr./edited by NN

Czech industrial real estate investor Accolade Group, in an investment of EUR 55 mln, has completed its first warehouse park development in The Netherlands – its fifth foreign market.

Office & mixed-use development

Poland Warsaw tenants find the right balance

schedule 13 July 2023
Opr./edited by ANZ

When choosing an office, the location is crucial, the costs related to maintaining workplaces are becoming increasingly important for companies, while ESG-related matters are of little importance to them - according to the latest survey conducted by Walter Herz of office tenants in Warsaw.

Office & mixed-use development

Poland Atrium bites the dust

schedule 13 July 2023
Opr./edited by ANZ

The demolition has been completed of the overground structure of the Atrium International office building in central Warsaw, which is owned by Strabag Real Estate. The site is being prepared for the development of the Upper One office and hotel complex, which is expected to come into use in 2026.

Office & mixed-use development

Romania Record quarter and darker clouds ahead

schedule 13 July 2023
Opr./edited by ANZ

In Bucharest, the interest of office tenants was much higher in Q2 of 2023, compared to Q1 of the year, according to the analysis carried out by Fortim Trusted Advisors. However, the experts expect the deliveries of new office space to be on a downward trend, both in the second period of the year and in 2024.

Warehouse & industrial

Hungary Gebrüder Weiss chooses HelloParks Páty

schedule 12 July 2023
Opr./edited by ANZ

Gebrüder Weiss, the Hungarian affiliate of international freight forwarding and logistics company, is to become the first tenant of the PT2 warehouse in the HelloParks Páty warehouse park, where it has leased 22,000 sqm of space.

Office & mixed-use development

Romania British Council in One Cotroceni Park

schedule 12 July 2023
Opr./edited by ANZ

The British Council is opening a new learning centre in Bucharest in the One Cotroceni Park office building, which has been developed by One United Properties. Covering over 350 sqm, this is the second British Council centre to open in Bucharest this year.

Warehouse & industrial

Poland P3 Poznań Park extension has begun

schedule 12 July 2023
Opr./edited by ANZ

P3 Logistic Parks has commenced development of another speculative warehouse with an area of over 28,000 sqm at P3 Poznań. The new facility will increase the park’s area to 415,000 sqm.

Office & mixed-use development

Poland From flexible to own office

schedule 12 July 2023
Opr./edited by ANZ

Softswiss will move into a new office in Nowy Rynek E in Poznań. The company will occupy approx. 2,000 sqm of space. The new office is scheduled to open at the end of September 2023.

Office & mixed-use development

Bulgaria Office market overview in Sofia

schedule 12 July 2023
Opr./edited by ANZ

According to an MBL survey conducted during the first quarter of 2023 among 100 office occupiers, the demand for office space in the Bulgarian capital may be negatively affected and slow down over the next few years.

Office & mixed-use development

POLAND Keywords to join Quorum

schedule 11 July 2023
Opr./edited by NN

London Stock Exchange-listed video game developer Keywords Studios has leased 4,000 sqm in building A of the Quorum office complex in Wrocław,. The owner and developer of the complex is Cavatina Holding.

Land acquisitions

POLAND Satoia buys 10 ha for 43k of warehousing

schedule 11 July 2023
Opr./edited by NN

Wrocław-based Satoia has acquired a 10 ha plot in Wolbórz from CPD for an undisclosed sum. The land has the potential for the development of an app. 43,000 sqm warehouse project.

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Edition 4 (297) April 2025

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