News

Sii has signed a lease agreement for five floors in the Olivia Prime building in Gdańsk. Sii has been present in the Olivia Centre complex since 2010. The current lease agreement totals 10,000 sqm.

Germany Garbe leases to K+S

13 April 2023

Garbe has gained the K+S company as a tenant for the first of its two logistics halls in Wildeck in the district of Hersfeld-Rotenburg, Germany. The company, a supplier of mineral products for the agricultural, industrial and consumer sectors, will use the approx. 10,000 sqm of leased space for its warehousing and logistics activities.

Europe CTP to double in size by 2030

13 April 2023

CTP Group is aiming to double the size of its pan-European network of business parks to 20 million sqm of GLA by the end of the decade, amid forecasts of continued strong demand for industrial and logistics space across Central and Eastern Europe.

Poland P3 pleased with results

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.

Czech Republic Dachser expands in České Budějovice

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

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.

Poland Excellent for GLP

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

Poland Panattoni with a EUR 57 mln loan

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.

Czech Republic Valeo and Raben choose CTP Cerhovice

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.

CEE REGION Nepi Rockcastle raises EUR 143 mln

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.

Poland Panattoni builds near Poznań

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.

Poland Four shopping centres change hands

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

Office & mixed-use development

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’.

CZECH REPUBLIC Port7 calling occupants

07 April 2023

Nathan North
managing editor (English section)

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

CZECH REPUBLIC CTP buys from GLP

Nathan North
managing editor (English section)

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

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

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.

Poland Panattoni secures millions for Poznań project

Office & mixed-use development

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.

Romania RetuRo chooses Globalworth Campus A

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.

Poland Financing for solar plants