Investment & finance
Investment company Tewox, managed by the Lords LB asset management company from Lithuania, has announced the acquisition of two additional retail parks in the cities of Łódź and Radom. The seller is an investor, developer and asset manager Capital Park Group.
Office & mixed-use development
According to the report 'Office market in Warsaw in H1 2024', presented by Axi Immo, development activity is slowly returning to pre-pandemic levels, with 280,000 sqm under construction at the end of June.
Investment & finance
Q2 2024 showed the signs of the market acceleration, which allow to look to the future with greater optimism, and the market finally noticed decline of interest rates. Avison Young's experts point out that's a signal for the return of more affordable financing, which is likely to stimulate investor activity.
Warehouse & industrial
Companies leased 410,500 sqm of industrial & logistics spaces in the first half of the year, a total which reflects a 25 pct drop when compared with the previous year. However, according to data from the Cushman & Wakefield Echinox, the new demand had a share of 52 pct in the overall leasing volume in the same period (213,500 sqm), more than double vs. the new supply.
Residential
Allcon is starting the development of the Skycity Gdynia mixed-use complex, of which a 120-metre-high tower will be a part. Construction of the complex will begin later in 2024.
Warehouse & industrial
CTP has started construction of a new 11,200 sqm manufacturing facility at its CTPark Zabrze complex. The ZABR02 building will be built speculatively for manufacturing use with lease modules of a minimum size starting from 1,500 sqm.
Warehouse & industrial
Garbe Industrial Real Estate is expanding its cooperation with the mining and fertiliser company K+S. In Wildeck in northern Hesse, the Hamburg-based project developer has leased another logistics hall with a total area of around 7,200 sqm.
Warehouse & industrial
The joint venture between Partners Group and Peakside Capital Advisors has secured rental agreements for more than 16,000 sqm of space at City Point Targówek. Companies across various industries have pre-leased more than 70 pct of the space in the C2 building, the first multi-let building of the phased re-development, with scheduled completion by the end of the year.
Warehouse & industrial
VGP has started the construction works to expand building B at VGP Park Brașov. This phase will add an additional 13,800 sqm to the existing 20,900 sqm already leased, thus addressing the growing demand for modern logistics spaces in the region.
Investment & finance
Equilis and Acteeum have sold the Silwana retail park in Gorzów Wielkopolski. The facility was bought and taken over for management by Big Polska. The park was sold for EUR 40 mln, it is one of the highest transactions on the Polish commercial property market this year.
Warehouse & industrial
Cogito EU, a supplier of parts for construction machinery, has leased 4,500 sqm of space at the MLP Gliwice logistics centre. The company will move into the new facility in November.
ESG
A unique place is being created on ul. Dąbrowskiego in Warsaw. Przystań (The Haven), the headquarters of the Portus Vitae Foundation, has not yet welcomed its first guests, but it is already bringing people together, thanks in no small part to the unfailing support of the real estate industry.
Warehouse & industrial
Panattoni is constructing a BTO manufacturing centre for Compal. Electronic components for the automotive industry are to be produced in a factory that is currently under construction in Czeladź.
Investment & finance
H1 2024 saw CEE investment volumes increase by circa 29 pct y-o-y. According to preliminary results, this is contrary to European and global results, where activity is still subdued. 2024 volumes could reach up to circa EUR 5.5 bln, around half of the 10-year average, expect experts from Colliers in its latest “H1 2024 Investment Scene” report.
Investment & finance
A consortium of Santander Bank Polska (credit agent) and Bank Pekao (accounting agent and security agent) granted the investors of the Office House in Warsaw a construction and investment loan of EUR 103.4 mln and a VAT loan of PLN 20 mln.
Warehouse & industrial
CTP has leased almost 17,500 sqm of industrial and logistics space in Slovakia to Jiangsu Xinquan Automotive Trim, a Chinese company producing interior parts for the automotive sector.
Office & mixed-use development
GTC has presented an analysis of its achievements in Poland during the first half of 2024. Over 35,400 sqm of office space was leased across ten buildings in Poland's largest cities. GTC’s properties attracted 14 new partners, and 18 companies chose to extend their leases.
Office & mixed-use development
CitySpace, an operator of flexible office space in Poland, will launch its fifth location in Warsaw in October. The new centre is being created in the Nowogrodzka Square office building and will operate under the name CitySpace Novo.
Warehouse & industrial
Industrial Research Forum has announced industrial market figures for Q2 2024. The total amount of projects currently under construction increased to 969,800 sqm at the end of Q2 2024, out of which around 32 pct was already pre-leased. With over 117,000 sqm completed, the modern industrial stock in the Czech Republic reached the milestone of 12 mln sqm.
Office & mixed-use development
Metal prints specialist Displate has extended its lease of 1,700 sqm in the Atlas Tower office building in central Warsaw.
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the presiden ...
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 ...
Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
Central and Eastern Europe entered 2026 with continued investor engagement, demonstrating resilience even as headline investment volumes moderated, wi ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
SIMA – The Global Hub of Living is the world’s leading investment fair and conference for the residential and living sector, offering a unique and com ...
The total office stock in Bratislava comes to 1.75 mln sqm. Of this, 22 pct comprises A+ standard offices, 38 pct A standard, and the remaining 40 pct ...
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
Capital Park Group is preparing to start construction work in Szczecin. Rezydencja Aleja Fontann, a late 19th-century townhouse, is to be renovated wi ...
The commercialisation of the BIG Konstantynów centre, developed by Acteeum Group and BIG Poland, is drawing to a close. One of the latest tenants to b ...
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
Rohlig SUUS Logistics is opening a new logistics centre in Szczecin, combining warehousing facilities with a cross-dock terminal. The operator is to c ...