News - Tenants and investors focus on ESG-compliant projects
16
Dec
2021

Tenants and investors focus on ESG-compliant projects

by Ovidiu Nicolae
Skanska aims to cut its emissions by 70% as early as 2030, while more investors are looking for ESG-compliant projects in CEE, Skanska’s Adam Targowski, Environmental Director, Center of Excellence and Aurelia Luca, Executive Vice President Operations Hungary and Romania tell Property Forum in an interview.
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News - Express delivery companies see strong competition in Poland
15
Dec
2021

Express delivery companies see strong competition in Poland

by Property Forum
Several companies on our market are already developing their dark store networks, which allow for the delivery of food products within a dozen or so minutes from the order, and new shopping platforms announce their entry onto the Polish market. Things are getting very competitive in the quick commerce segment.
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News - MainStage Logistics to manage LCube Logistic Park Rzeszów
15
Dec
2021

MainStage Logistics to manage LCube Logistic Park Rzeszów

by Property Forum
MainStage Logistics, a company providing comprehensive services in respect of logistics centre management, has a new facility in the portfolio. Since December, the company has been managing an industrial and warehouse park in Jasionka near Rzeszów.
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News - Zalando to build two new fulfillment centers in Bydgoszcz in Poland
15
Dec
2021

Zalando to build two new fulfillment centers in Bydgoszcz in Poland

by Property Forum
Zalando will open two additional fulfillment centers in Poland. One fulfillment center is already under construction in Białe Błota near Bydgoszcz, while the construction of the second, in Bydgoszcz itself, will start at the beginning of 2022. The investment extends the group's European logistics network and is a response to the growing popularity of Zalando's shopping club, Zalando Lounge.
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News - Jet Industrial purchases KKCG industrial portfolio in Poland
15
Dec
2021

Jet Industrial purchases KKCG industrial portfolio in Poland

by Property Forum
Jet Industrial Lease has bought a 54,000 sqm portfolio of five industrial buildings in Poland from Vestinlog, part of the KKCG group. The value of the transaction has not been disclosed.
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News - GTC’s Management Board gets new members
15
Dec
2021

GTC’s Management Board gets new members

by Property Forum
GTC announces that the company’s Supervisory Board has just appointed Pedja Petronijevic to the position of the Chief Development Officer and János Gárdai as the Chief Operations Officer.
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News - Mega Company gets €20.6 million loan for logistics project in Bucharest
15
Dec
2021

Mega Company gets €20.6 million loan for logistics project in Bucharest

by Property Forum
US-based Mega Company has successfully secured a €20.6 million loan facility for Mega Distribution Center, a 45,000 sqm logistic park located in Bucharest. 
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News - WSE-listed companies report profitability improvement in Q3 2021
15
Dec
2021

WSE-listed companies report profitability improvement in Q3 2021

by Property Forum
19 construction groups listed on the Warsaw Stock Exchange reported nominal revenue growth of 10% y-o-y over the past four quarters, which was driven by the continued hike in prices of labour and building materials. Also, the aggregate net profit posted by companies in this group improved substantially as it grew by PLN 1.3 billion over the year, though it was mostly due to one-off market developments. Notwithstanding that, the profit margin figures reported by the listed construction companies are still worse that results delivered by developers and suppliers of building materials and construction equipment.
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News - Hard to keep track – A timeline of the Austrian takeover saga
15
Dec
2021

Hard to keep track – A timeline of the Austrian takeover saga

by Property Forum
Immofinanz has recently received takeover offers from both CPI Property Group and S Immo in the latest chapter of the Austrian takeover saga. During the last couple of years, the three major Austrian real estate companies – Immofinanz, CA Immo and S Immo – have received (and usually rejected) numerous takeover offers with mergers in almost every possible combination also having been discussed. To help its readers keep track, Property Forum has put together a timeline of all the offers that were announced since 2014.
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News - Primavera Development and Griffes launch office project in Bucharest
14
Dec
2021

Primavera Development and Griffes launch office project in Bucharest

by Property Forum
Primavera Development and Griffes have announced the launch of the construction of the Muse office building, to be located close to Miorita Fountain, in one of the most reputed office areas in Bucharest. The area offers unrivalled road connectivity and accessibility on DN1, towards both the heart of the city and the airport outskirts but also the high prestige of a historical neighbourhood. The total investment will exceed €16 million and is scheduled to be delivered in 2023.
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Latest news


New leases

  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
  • Local courier company Sameday is occupying a new 5,000 sqm last-mile logistics facility in Constanța Olympian Parks, part of Helios Phoenix Group. During the 2025 Black Friday campaign, Sameday's new regional hub in Constanța processed over 400,000 parcels.
  • ITPunkt has leased 460 sqm for its new HQ at Oxygen Park office complex in Warsaw. At the same time, Paszkiewicz Firma Budowlana expanded its leased area to 300 sqm in the same project.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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