News C&W to manage GTC office buildings in Kraków
23
Aug
2021

C&W to manage GTC office buildings in Kraków

by Property Forum
Cushman & Wakefield will represent the owner of the Kraków office complex in Armii Krajowej Street, a major road of the city, in office leasing processes. The complex offers a total of more than 36,900 sq m of modern office space.
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News One United Properties founder seeks share capital increase
23
Aug
2021

One United Properties founder seeks share capital increase

by Property Forum
Victor Căpitanu, co-founder of One United Properties, has asked shareholders to approve a share capital increase of up to RON 228.8 million (€46.3 million) by incorporating around 80% of the shares from the Initial Public Offering (IPO) concluded in early July. 
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News Dino Polska was opening one store a day in H1 2021
23
Aug
2021

Dino Polska was opening one store a day in H1 2021

by Property Forum
In H1 2021 Dino Polska, a grocery store network continued its geographic expansion. Its store count climbed by 150 in this period to 1,622. That means that save for Sundays a new Dino store was opened in Poland every single day. At the same time, Dino Polska created 2.4 thousand new jobs and at the end of June it had more than 28.2 thousand employees.
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News Construction work starts on Panattoni Park Rzeszów Airport II
23
Aug
2021

Construction work starts on Panattoni Park Rzeszów Airport II

by Property Forum
Panattoni has started the development of Panattoni Park Rzeszów Airport II, including an 11,300 sqm BTS project, which is being constructed for US firm BorgWarner. This US-stock exchange listed company produces vehicle powertrains and exhaust system subassemblies. The tenant is to start setting up its assembly lines before the end of the year, with the entire building to be handed over in February 2022.
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News Impact boosts share capital for Romanian projects
20
Aug
2021

Impact boosts share capital for Romanian projects

by Property Forum
Romania's Impact Developer & Contractor will increase its share capital within one year in a bid to support its pipeline of residential projects in Romania.
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News The future of offices looks cautiously optimistic
20
Aug
2021

The future of offices looks cautiously optimistic

by Property Forum
The office market is now at the epicentre of changes caused by the transition to the remote work model due to the COVID-19 pandemic. However, with the epidemic situation improving, organisations have already commenced planning the return of employees to the workplace. The analysis of the findings of a survey of tenants of the office buildings in the portfolio of properties under the management of Cushman & Wakefield Poland reveals how companies are preparing for this change.
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News Accolade intensifies its expansion in Poland
20
Aug
2021

Accolade intensifies its expansion in Poland

by Property Forum
In the first half of 2021, Accolade has achieved a lease of 370,000 sqm of modern and sustainable space to tenants in the e-commerce, logistics, and light industry sectors. The company has also been very active in expanding its current industrial parks and investing in new projects. Almost 100,000 sqm of warehouses have been completed and a further 430,000 sqm of modern industrial space, worth more than €400 million, is under development. 
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News NEPI records 28% year-on-year growth in turnover over H1 2020
20
Aug
2021

NEPI records 28% year-on-year growth in turnover over H1 2020

by Property Forum
NEPI Rockcastle’s turnover in H1 2021 was 28.1% higher than in H1 2020 and 23.1% lower than in H1 2019 (on a property like-for-like basis, excluding hypermarkets and entertainment). The company published its interim financial report for H1 2021.
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News We’re seeing a convergence in yield curves between asset classes
20
Aug
2021

We’re seeing a convergence in yield curves between asset classes

by Ákos Budai
David Canta, Principal at Avison Young Romania & Czech Republic, talked to Property Forum about the pandemic’s effects on the advisory market and the company’s international expansion.
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News Polish office market shows signs of changing trends
19
Aug
2021

Polish office market shows signs of changing trends

by Property Forum
In the first half of this year, more office space was leased in the Tri-City and Poznan than in the same period in previous years, says Walter Herz advisory company
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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