There's a new player on Poland's logistics market that's open to developing all types of projects – last-mile city logistics, classic big box or BTS units. Hadley Dean, Founder of MDC², a new company of experienced managers on the Polish warehouse market talked to Property Forum about new partnerships and the investment climate. 

Developer Warehousing & Logistics EOOD (W&L) has begun the construction of the newest industrial park in Bulgaria, called Logistics Park Sofia (LPS). The park is located about 8 km from the capital Sofia. W&L is planning to build 4 warehouse buildings in the complex which will span more than 116,000 sqm of industrial and office space that will be available to potential tenants. So far this is the first Bulgarian logistics park with such a high concentration of industrial space.

Hungarian developer Infogroup has closed a successful bond issue as part of the National Bank of Hungary's (MNB) Bond Funding for Growth Scheme. During the rating procedure, the group was assigned BB- and the bond was rated BB. The funds raised through the bond issue will be used to carry out industrial property projects.

A symbolic topping out was hung on the top floor of the third stage of the High5ive complex by Skanska in Kraków. This means that the main construction work has been completed and the building has reached its target height. Already at this stage of construction, the office section of the building has been completely leased out. With the commissioning, which is scheduled for the first quarter of 2022, Krakow will gain over 11,000 sqm of sustainable and modern office space. This is the first Skanska project in the capital of Lesser Poland, which will apply for the prestigious WELL Core&Shell certificate.

After 48 months, the construction of Warsaw UNIT has ended. Ghelamco's newest skyscraper has already got the occupancy permit. The first tenants will be moving in soon.

Hungarian developer Futureal will open the food court of the Etele Plaza shopping centre in Budapest this September. The food court will feature a direct connection to the roof terrace, unique interior design and a wide selection of gastronomy options, including many popular quick-service restaurants, cafés and an open kitchen concept.

Biuro Inwestycji Kapitałowych started the second stage of development of the BIK Park Wrocław logistics park. The project will provide approx. 22,500 square meters of warehouse space. Consequently, the surface area of the entire complex will reach the target level of approx. 47,500 square meters. The construction works are planned to be completed by the end of this year.

Cushman & Wakefield recently announced new appointments to its enhanced CEE leadership team. These appointments are to support regional client requirements with the best possible services. Key business areas, including office agency and industrial & logistics agency, have been reinforced with new CEE appointments.

Trei Real Estate GmbH just opened four new retail parks under the Vendo Park brand in Poland. The retail properties are located in Zielonka in the Masovian voivodeship, Piekary Śląskie in the Silesian voivodeship as well as in Koszalin and Myślibórz, two towns in the West Pomeranian voivodeship. Taken together, the new Vendo Parks have a gross lettable area of around 19,800 square metres and a total of 26 units, including several branches of brands like Dealz or Action which previously had no outlets in these towns and which therefore broaden the local retail spectrum. Overall, Trei invested c. €27 million in these properties.

Knight Frank has formally opened a dedicated office in Sofia, becoming a fully branded Knight Frank business from May 2021.