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Office & mixed-use development

Romania 275k of offices on its way outside Bucharest

schedule 22 February 2023
Opr./edited by ANZ

According to the Cushman & Wakefield Echinox Office Market Regional Cities report, the modern office stock should reach approx. 1.3 mln sqm in the next 5 years. Developers announced the construction of more than 275,000 sqm of new office projects in the major regional cities – Cluj-Napoca, Timisoara, Iasi and Brasov.

Warehouse & industrial

Germany Garbe leases to logistics service provider

schedule 22 February 2023
Opr./edited by JC

Garbe Industrial Real Estate has leased its existing property in Karlsfeld (district of Dachau) near Munich to a well-known logistics service provider. The company will use the space mainly for storing files and other documents.

Warehouse & industrial

Poland Electronics for industry produced in Warsaw

schedule 21 February 2023
Opr./edited by ANZ

Panattoni has completed the development of almost 40,000 sqm as part of its City Logistics Warsaw IV project in Annopol. Half of the space is to be taken up in July this year by Trumpf Huettinger. The production plant is to serve markets that include the US, Japan, Korea, and China.

Warehouse & industrial

Romania Somarest in VGP Park Sibiu

schedule 21 February 2023
Opr./edited by ANZ

VGP leased a hall of 4,500 sqm in the logistics park VGP Park Sibiu, to Somarest, a leather goods manufacturer.

Warehouse & industrial

Poland UDH chooses Panattoni Park Pruszków II

schedule 21 February 2023
Opr./edited by ANZ

United Distribution Holding, a distributor of imported premium quality beers in Poland, has decided to relocate to the Panattoni Park Pruszków II distribution centre. The company will occupy nearly 3,300 sqm of warehouse and office space at the new location.

Warehouse & industrial

Czech Republic Record year for Czech sheds

schedule 20 February 2023
Opr./edited by ANZ

The Czech industrial market grew at rapid speed in 2022. Almost 1.1 mln sqm of new space was added to the market, that is over 155 pct of the 5-year average annually completed space and the highest figure on record for the Czech market.

Green projects

Poland CA Immo’s green lease initiative

schedule 20 February 2023
Opr./edited by ANZ

CA Immo has concluded 45 lease agreements with a total of nearly 29,000 sqm of office space in Warsaw in the past year, 20 pct of which in Q4 of 2022. The company has also introduced a green lease initiative in 2022, governing mutual commitment of landlord and tenant to optimize sustainable building operations. Since May 2022, 23 green lease agreements have already been concluded.

Office & mixed-use development

Poland Warsaw offices buoyant in 2022

schedule 20 February 2023
Opr./edited by ANZ

In 2022, the Warsaw office market recorded one of the highest levels of demand in history at over 860,000 sqm, with its structure including a preponderance of new leases and relocations, as well as expansions over renegotiations. According to Savills, nominal rents are stable and rising mainly due to indexation, however service charges represent an increasing proportion of the total rental costs.

Warehouse & industrial

Czech Republic Drylock takes up more from VGP

schedule 17 February 2023
Opr./edited by ANZ

VGP has completed the construction of the last hall at VGP Park Hrádek nad Nisou. The facility of more than 30,000 sqm was built for the Drylock Technologies company, which also occupies the other previously built halls of the industrial park.

Events

Poland Into battle with racquets and clubs once again!

schedule 17 February 2023
Opr./edited by ANZ

Thinking about the summer already? Well, we are too! In just four months' time, the biggest sports event for the real estate sector in Poland will take place – Eurobuild's annual golf and tennis tournaments! Make a note of the date today – Friday, June 2nd!

Office & mixed-use development

Czech Republic Prague offices stabilising

schedule 17 February 2023
Opr./edited by ANZ

According to a survey by Colliers, the Prague office market should grow to the 4 mln sqm mark by 2025. Although the supply of newly completed space increased by 34 pct year-on-year, the total volume was again below the long-term average of approx. 130,000 sqm per year. Yet, 2023 is expected to bring about some changes. This is mainly due to developers' plans to start construction of up to 300,000 sqm of office space.

Investment & finance

CEE Domestic capital ruled in 2022

schedule 17 February 2023
Opr./edited by JC

Markets are expected to remain subdued in H1 2023 due to the negative sentiment in the economy, the significantly higher financing costs and the subsequent pricing correction that is currently playing out in both CEE and many other global markets, reveals a report by Colliers: CEE Investment Scene 2022/2023.

Investment & finance

Poland Investing and waiting for the EU billions

schedule 16 February 2023
Opr./edited by ANZ

Report authors from BNP Paribas Real Estate Poland anticipate investment volumes for 2023 to remain on a par with last year and the long-term transactional activity to be driven by the billions of euros that Poland is likely to receive from the EU’s budget.

Warehouse & industrial

Poland Panattoni Park Toruń fully leased

schedule 16 February 2023
Opr./edited by ANZ

Panattoni has fully commercialised Panattoni Park Toruń. Stork, a company that provides logistics for clients from the food industry, has leased over 11,000 sqm and is to serve the Eastern European market from the centre.

Warehouse & industrial

Poland MDC² Park Kraków South with a new tenant

schedule 15 February 2023
Opr./edited by ANZ

MDC², a developer of sustainable warehouse and logistics space operating on the Polish market, and Generali Real Estate (through its pan-European Generali Real Estate Logistics Fund) have concluded the lease of a 36,200 sqm building within MDC² Park Kraków South. The medical technology company will begin operations in the facility later this year.

Land acquisitions

Poland Real Management finds the plot

schedule 15 February 2023
Opr./edited by ANZ

Real Management has finalised the purchase of a 13.3 ha development plot in Łubna, on national road 79 connecting Warsaw, Piaseczno and Góra Kalwaria.

Warehouse & industrial

Germany VGP Park fills up

schedule 15 February 2023
Opr./edited by JC

VGP NV, a European owner, operator and developer of logistics and commercial real estate, announces the win of Rhenus Warehousing Solutions as an anchor tenant for its VGP Park Magdeburg-Sülzetal for the period of ten years. The logistics service provider will move into around 73,816 sqm of commercial space.

Property and Facility Management

Germany Tattersall Lorenz’s first mandate from GLP Germany

schedule 15 February 2023
Opr./edited by ANZ

Tattersall Lorenz will take over both the technical and commercial property management for a GLP Germany portfolio of 46 properties commencing April 1, 2023.

Investment & finance

Poland The Catella story

schedule 14 February 2023
Eurobuild CEE

In an exclusive interview with Eurobuild, Dariusz Węglicki, stepping down head of the Polish branch of Catella Residential Investment Management, reveals details surrounding the sale of the Złota 44 flat portfolio and the company's withdrawal from Poland

Office & mixed-use development

Germany Tichelhaus already fully let

schedule 14 February 2023
Opr./edited by ANZ

Quest Investment Partners has rented the entire office space of the currently developed Tichelhaus property in Hamburg. The telecommunications company o2 Telefónica will move to the new 7,000 sqm location at the end of 2024.

Edition 11 (293) November 2024

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