News - HB Reavis sells Prague land for €20 million
20
Jun
2019

HB Reavis sells Prague land for €20 million

by Property Forum
Skanska has acquired about 13,000 square meters of land in Prague, Czech Republic, from HB Reavis Group B.V. The total investment amounts to €19.5 million.
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News - CTP builds new facility in Bratislava
20
Jun
2019

CTP builds new facility in Bratislava

by Property Forum
Delticom, an online distributor of tyres and automotive accessories is expanding its operations in CTPark Bratislava. CTP is currently finishing a new 7,000 sqm facility, according to CTP’s energy efficient CTSpace standards. The new facility will be available for move-in at the beginning of September 2019.
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News - Korean investor buys two logistics parks in Poland
20
Jun
2019

Korean investor buys two logistics parks in Poland

by Property Forum
Hines has advised Mirae Asset Global Investments, a Seoul-based investment manager that offers comprehensive investment services, on acquiring two logistics centres near Wrocław and Konin, with the total area of 163,135 square meters. MAGI acquired them from Blackstone by purchasing shares in special purpose vehicles which owned the investment and appointed Hines as the local asset manager of the portfolio throughout the investment horizon.
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News - Panattoni builds for Carrefour in Central Poland
20
Jun
2019

Panattoni builds for Carrefour in Central Poland

by Property Forum
Panattoni Europe has laid the cornerstone for the largest logistics centre of Carrefour Poland in the country. It is going to be a BTS facility featuring in excess of 63,600 sqm. The project will be delivered in Central Poland in Rawa Mazowiecka. Completion of construction works is anticipated towards the end of 2019.
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News - Strong take-up on Łódź’s office market
20
Jun
2019

Strong take-up on Łódź’s office market

by Property Forum
Łódź’s office market has been well-balanced in terms of demand and supply for several years. According to Cresa’s latest report, the office stock of the Łódź market has increased by nearly 8% year-on-year and amounted to 471,200 sqm at the end of Q1 2019. Take-up in the first quarter of 2019 reached 15,100 sqm, up more than 50% on the same period in 2018.
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News - Continued investor interest in Służewiec
20
Jun
2019

Continued investor interest in Służewiec

by Property Forum
Tenants are still eager to choose Warsaw's Służewiec district for their headquarters. The district also has a rapidly developing residential sector. These factors are enhancing the district’s image as an attractive place to live.  Nearly 35,000 sqm of office space was leased in Q1 2019, 3,900 apartments delivered to the market in the last three years with transactions worth over €600 million concluded in the office market since 2015 - JLL analysed investor activity in Warsaw’s Służewiec Przemysłowy.
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News - Outlook for Europe’s retail park market remains positive
20
Jun
2019

Outlook for Europe’s retail park market remains positive

by Property Forum
New research from Cushman & Wakefield has revealed European retail park floorspace increased by 2.2% in 2018, reaching a total of 50.1 million sqm, with France and Spain leading the way in terms of new schemes. The report states that 995,000 sqm of new retail park space was completed in Europe last year, down 15% on 2017. A stable development trend is expected going forward, with 1.4 million sqm of new retail park space scheduled for opening in 2019/2020. Nevertheless, quick and easy construction and a growing number of schemes below 5,000 sqm are expected to boost the number of openings.
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News - Immofinanz acquires Warsaw Spire Tower for €386 million
20
Jun
2019

Immofinanz acquires Warsaw Spire Tower for €386 million

by Property Forum
Immofinanz is acquiring the Warsaw Spire Tower Building in the Polish capital through the purchase of the respective property holding companies. This roughly 220 metre-high office tower has approximately 71,600 sqm of rentable space, with roughly 65,000 sqm representing offices and the remainder used primarily for retail purposes. The agreed property value for the office tower amounts to approximately €386.0 million. The expected annual rental income based on invoiced rents totals roughly €19.6 million. The sellers are Ghelamco Group, which completed the tower in 2016, and Madison International Realty, a global Real Estate Private Equity Firm.
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News - Primark opens first store in Slovenia
20
Jun
2019

Primark opens first store in Slovenia

by Property Forum
Irish fashion retailer Primark opened its first store in Slovenia at Citypark in Ljubljana. The mall was completely renovated around the popular anchor tenant by Citypark operator SES Spar European Shopping Centers, following a refurbishment investment of €20 million.
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News - Golub GetHouse presents new real estate brand
20
Jun
2019

Golub GetHouse presents new real estate brand

by Property Forum
Golub GetHouse’s new real estate brand, Inspirentals, will be the vehicle for development projects in the Private Rented Sector offering a range of amenities available to all residents that are rare on the Polish market. The Warsaw-based Postępu Apartments (working name) and Liberty Tower projects, among others, will be completed under the new Inspirentals brand.
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Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.

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