News

Investment & finance

Poland P3 pleased with results

schedule 12 April 2023
Opr./edited by ANZ

P3 Group has announced record operational results and strong financials for full year 2022. The European investor and developer of warehouse properties increased Gross Asset Value to EUR 8.3 bln, only modestly impacted by a 2.3 pct valuation decline. Operationally, the company’s portfolio grew to 7.6 mln sqm across 11 European countries, registering an all-time high occupancy rate of 98 pct.

Warehouse & industrial

Czech Republic Dachser expands in České Budějovice

schedule 12 April 2023
Opr./edited by JC

VGP, the European owner and developer of semi-industrial and logistics real estate, has concluded a lease contract with Dachser Czech Republic for the lease of new space in VGP Park České Budějovice, situated in the Světlík commercial zone. The hall, with an area of 14,000 square meters will be tailor-made for the European provider of logistic services.

Residential

Poland Soho goes green

schedule 12 April 2023
Opr./edited by ANZ

Construction commences for the third stage of Soho by Yareal development in Warsaw’s Kamionek district, which will include two residential buildings containing 14 apartments and 132 higher-standard flats. Also, work on a 300-metre-long, fully landscaped park which runs through the complex will be completed later this year.

Warehouse & industrial

Poland Excellent for GLP

schedule 12 April 2023
Opr./edited by ANZ

GLP has received its first BREEAM Excellent certificate in Poland for a building developed in 2022 at the Pomeranian Logistics Centre.

Investment & finance

Poland Panattoni with a EUR 57 mln loan

schedule 12 April 2023
Opr./edited by JC

Panattoni is building another strategic development for the Warsaw market. The developer has been granted EUR 57 mln in financing from Bank Pekao for the development of Panattoni Park Nadarzyn II, which is to become one of the largest business and industrial platforms in the region.

Warehouse & industrial

Czech Republic Valeo and Raben choose CTP Cerhovice

schedule 11 April 2023
Opr./edited by ANZ

CTP has leased two speculatively developed sustainable warehouse units to French automotive supplier Valeo and Austrian logistics provider Raben at CTPark Cerhovice In Central Bohemia.

Investment & finance

CEE REGION Nepi Rockcastle raises EUR 143 mln

schedule 11 April 2023
Opr./edited by JC

Nepi Rockcastle has raised the equivalent of EUR 143 mln in equity from its latest scrip dividend (when new shares are issued to shareholders instead of a dividend), corresponding to app. 85 pct of the final dividend payment at the end of 2022.

Warehouse & industrial

Poland Panattoni builds near Poznań

schedule 11 April 2023
Opr./edited by ANZ

Panattoni has begun construction of a new park in the Greater Poland capital region. Panattoni Park Poznań East II will be built near the A2 motorway and will cover an area of 37,000 sqm. The first tenant will be logistics operator Geodis.

Investment & finance

Poland Four shopping centres change hands

schedule 11 April 2023
Opr./edited by ANZ

An international investment fund has sold four retail centres: Stara Cegielnia in Szczecin, Galeria Kosmos in Koszalin, OK Centrum Wałbrzych and OK Centrum Strzegom, with a total area of app. 15,000 sqm. They are to be partly renovated and re-commercialised by the buyer.

Residential

CEE Major drivers of the CEE living market

schedule 11 April 2023
Opr./edited by ANZ

Urbanisation, the supply gap of dwellings and the growing middle class are the main drivers for the living market in CEE reveals a report by Colliers: ‘The living sector in CEE-6. Let's discover the potential of the market segment’.

Office & mixed-use development

CZECH REPUBLIC Port7 calling occupants

schedule 07 April 2023
Nathan North
deputy editor

Skanska has received an occupancy permit for the first three office buildings of its large-scale Port7 development in Prague’s Holešovice district.

Warehouse & industrial

CZECH REPUBLIC CTP buys from GLP

schedule 06 April 2023
Nathan North
deputy editor

CTP has acquired an 18,000 sqm warehouse and a 33 ha plot in Ostrava’s Hrušov district from Bluehouse Capital for an undisclosed sum.

Residential

Poland Cavatina prepares Katowice resi-project

schedule 06 April 2023
Opr./edited by ANZ

Cavatina is planning of a new mixed-use development in the centre of Katowice. Further details of the project have yet to be revealed, but, as ‘Eurobuild’ has managed to establish, the app. 20,000 sqm gla complex will contain around 200 flats. 

Retail & leisure

Poland First Polish M Park opens – in Świdnik

schedule 06 April 2023
Opr./edited by ANZ

UK-based M Core, through its subsidiary LCP Properties, is to develop Świdnik M Park in an investment of EUR 10 mln. The 7,700 sqm retail park is the group’s largest development so far in Poland and the first under the M Park brand.

Warehouse & industrial

Poland Panattoni secures millions for Poznań project

schedule 06 April 2023
Opr./edited by ANZ

Panattoni has secured EUR 67 mln in financing from PKO Bank Polski to build an 82,000 sqm hall in Panattoni Park Poznań A2, which will be occupied by a major clothing company.

Office & mixed-use development

Romania RetuRo chooses Globalworth Campus A

schedule 06 April 2023
Opr./edited by JC

RetuRo Sistem Garanție Returnare, a company founded by beverage producers and trade associations to manage the deposit-return system, is to expand its operations by leasing office space in Globalworth Campus A.

Investment & finance

Poland Financing for solar plants

schedule 06 April 2023
Opr./edited by JC

Lithuanian company JSC Atsinaujinančios Energetikos Investicijos has signed a PLN 105 mln (EUR 22.4 mln) agreement with Bank Pekao to finance the construction of 67.8 MW solar PV plants in Poland. 

Investment & finance

Romania Investment volume up 72 pct in Q1

schedule 05 April 2023
Opr./edited by ANZ

The real estate investment volume in Q1 2023 in Romania exceeded EUR 153 mln – 72 pct higher than the same period last year, according to Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance.

Office & mixed-use development

Poland Bayer remains and refits in Olivia

schedule 05 April 2023
Opr./edited by ANZ

Bayer Global Business Services Gdańsk has extended its 4,200 sqm lease in Olivia Tower in Gdańsk for another five years. Work has already begun on refurbishing the four floors occupied by the company.

Office & mixed-use development

Poland PwC in Nowy Rynek E

schedule 05 April 2023
Opr./edited by ANZ

PwC is to open an office in building E of the Nowy Rynek complex in Poznań, where it will move into more than 700 sqm in September this year.

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Edition 4 (297) April 2025

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