Demand for warehouses at 3.15 million sqm and new supply at 1.14 million sqm set new H1 records for the industrial market. Poland registers Europe’s second-highest developer activity with over three million sqm under construction. JLL summarised Poland’s industrial market for H1 2021.

Gabriel Biriş, Founding Partner at Biriş Goran talked to Property Forum about the pandemic’s impact on the legal advisory business and what concerns investors share with him regarding Romania’s tax and legal framework.

Vitantis Shopping Center, the retail park owned by Revetas Capital, has closed new leasing deals for 3,900 sqm with three companies that will occupy spaces for the next 5-10 years. 

Bucharest’s office stock topped 3 million sqm at the end of the first half, with more than 250,000 sqm of new spaces slated for delivery by the end of next year, according to a report by Colliers. 

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.

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. 

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.

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.

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.

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.