News

ESG

Poland Excellent Point in Łubna

schedule 10 December 2024
Opr./edited by JC

Two buildings completed as part of the first phase of Good Point V, an investment by Real Management, have received the final BREEAM International New Construction V6 certificate at the Excellent level.

Warehouse & industrial

Poland MLP has plans for Podkarpacie

schedule 10 December 2024
Opr./edited by JC

MLP Group is planning a new logistics and industrial center in Rzeszów. The facility is set to provide over 52,000 sqm of warehouse and office space.

Warehouse & industrial

Poland P3 will build for SUUS

schedule 10 December 2024
Opr./edited by JC

P3 Logistic Parks has constructed a facility in P3 Warsaw I Park for Rohlig SUUS Logistics. The company occupies almost 50,000 sqm there, including their office space of about 300 sqm.

Investment & finance

ROMANIA Praktiker RE buys Bucharest building for €8m

schedule 09 December 2024
Opr./edited by NN

Praktiker Real Estate has acquired the Muntenia Business Center in central Bucharest for around EUR 8 mln

Investment & finance

Poland Invesco takes over Gdańsk hotel

schedule 09 December 2024
Opr./edited by JC

Invesco Real Estate has announced the acquisition of the Cloud One Gdańsk hotel in Poland on behalf of its German client. The seller, Granaria Development Gdańsk, is a joint venture between Immobel and Multibud.

Office & mixed-use development

Romania OLX is staying in America House

schedule 09 December 2024
Opr./edited by JC

America House in Bucarest has extended its lease agreement with OLX and an increase in office space of 43 pct, reaching a total area of 1,663 sqm.

Hotels

Germany Handwritten Collection opens its first hotel in Germany

schedule 06 December 2024
Opr./edited by ANZ

Boutique brand Accor is making its debut in Germany with the opening of a hotel in Düsseldorf. The company also announces plans to open its first property in Croatia in 2026.

Hotels

Czech Republic W debuts in Prague

schedule 06 December 2024
Opr./edited by ANZ

The Art Nouveau hotel Grand Hotel Evropa in Prague has started operating under the W Hotels banner as W Prague. This is the first property of this Marriott Bonvoy-owned brand in the Czech capital.

Investment & finance

Poland LCP buys retail park under construction in Trzebiatów

schedule 05 December 2024
Opr./edited by ANZ

LCP Properties, part of the international M Core group, has finalised the purchase of a project in Trzebiatów, located in West Pomerania. The seller is from Green Hills Investment. The property, which will open as M Park Trzebiatów, will offer more than 6,250 sqm. GLA with 12 tenants. The opening of the facility is planned for Q3 2025.

Office & mixed-use development

Romania One of the youngest office stocks in Europe

schedule 05 December 2024
Opr./edited by ANZ

According to data from the Cushman & Wakefield Echinox, the Bucharest office stock ranks among the youngest across Europe and the CEE region. This provides a significant advantage for landlords in attracting and retaining tenants, as the city’s office spaces are less likely to face obsolescence over the next 5-6 years. 

Warehouse & industrial

Romania LPP is expanding in Romania

schedule 05 December 2024
Opr./edited by JC

CTP has leased an additional 42,000 sqm to Polish fashion producer LPP at CTPark Bucharest West. LPP’s latest lease takes its total footprint at CTPark Bucharest West to 131,000 sqm.

Warehouse & industrial

Germany MLP launches construction in Spreenhagen

schedule 05 December 2024
Opr./edited by ANZ

MLP Group is starting the development of its second warehouse park in close proximity to Berlin. The MLP Spreenhagen park will eventually offer 39,000 sqm of modern space. The project is scheduled for completion and occupancy in Q3 2025.  

Investment & finance

Poland Panattoni gets 20 mln for robotic warehouse

schedule 05 December 2024
Opr./edited by JC

Panattoni has secured EUR 20.7 mln in financing from Bank Milennium to develop a logistics hub for Auchan Polska. A fully robotic built-to-suit warehouse is to be constructed in Wilcza Góra near Warsaw.

Investment & finance

Poland Galeria Wisła in Płock changes hands

schedule 05 December 2024
Opr./edited by ANZ

The property had belonged to the Invel Real Estate/Castlelake portfolio since 2016. The sole advisor for the sale of Galeria Wisła was Avison Young.  The seller was advised by Dentons on legal matters.

ESG

Poland Excellent Brain Park 

schedule 04 December 2024
Opr./edited by ANZ

All buildings completed by Echo Investment in Kraków's Brain Park complex have obtained BREEAM New Construction certification at the Excellent level. The latest stage of the project has just achieved a very high score of 78.9 pct.

Residential

Poland Resi Capital is developing its first project in Bielsko-Biała

schedule 04 December 2024
Opr./edited by ANZ

Resi Capital, a company belonging to the Cavatina Group, is preparing its first residential project in Bielsko-Biała. The Reytan Apartments will be built on the site of the former Befama industrial plant.

Warehouse & industrial

Germany Ground-breaking ceremony on the outskirts of Hamburg

schedule 04 December 2024
Opr./edited by ANZ

Construction work on a modern logistics property in Norderstedt has officially begun with a symbolic ground-breaking ceremony. Just a few kilometres north of Hamburg’s city limits, Garbe is developing a new building with a total area of 12,700 sqm. Completion is planned for the middle of next year.

Investment & finance

Poland mBank boosts Real Management

schedule 04 December 2024
Opr./edited by ANZ

Real Management has secured loan financing of PLN 120 mln, which will be used for growth in the development business. The financing was again provided by mBank.

Investment & finance

Poland Galeria Szperk has new owner

schedule 03 December 2024
Opr./edited by ANZ

UBM Development has sold Galeria Szperk in Kosakowo near Gdynia to the Polish company Rewa, based in Krakow, for almost EUR 18 mln.

Hotels

Poland Grand transaction in Sopot

schedule 03 December 2024
Opr./edited by ANZ

The Sofitel Grand Sopot has changed hands. The Polish company Sinfam Investments became the new owner of the hotel. The seller was AccorInvest, which includes the Orbis group. Sofitel will remain the managing operator of the hotel. 

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Edition 6 (308) June 2026

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