News CPI Property Group acquires another Warsaw office building
30
Jan
2020

CPI Property Group acquires another Warsaw office building

by Property Forum
CPI Property Group announced the acquisition of the Green Corner A office building in Warsaw.  The property was acquired from DWS Group, one of the world's largest asset managers and a significant investor in commercial real estate in the CEE region.
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News 7R to build eco warehouses in Poland
30
Jan
2020

7R to build eco warehouses in Poland

by Property Forum
7R is the first warehouse developer in Poland to create an innovative eco-friendly warehouse – 7R Green. The company's main goal is to provide facilities in which ecological solutions will help minimize their impact on the natural environment. Construction of the first warehouse, designed in keeping with the new green concept, will start in the first half of the year.
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News Panattoni sells Wrocław property to Segro
30
Jan
2020

Panattoni sells Wrocław property to Segro

by Property Forum
Segro plc, in its role as venture advisor to the Segro European Logistics Partnership (SELP), has acquired Panattoni City Logistics Wrocław I - two buildings with a total area of 38,000 sqm. Advisors from JLL represented Segro within the transaction.
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News Yareal Polska’s Warsaw office development now fully leased
30
Jan
2020

Yareal Polska’s Warsaw office development now fully leased

by Property Forum
The Neopark office complex, one of the flagship investments of Yareal Polska, is now fully leased, with companies such as Play, Inpost, New Work, Olympus and Mitsubishi opening their offices in the buildings’ 24,000 sqm of space. Experts from JLL were responsible for the commercialization of the project.
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News Slight slowdown on Prague’s office market
30
Jan
2020

Slight slowdown on Prague’s office market

by Property Forum
Overall in 2019, total gross take-up on the Prague office market reached 439,000 sqm, representing a decrease of 18% in year-on-year comparison. The Prague Research Forum announced the office market figures for Q4 2019.
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News Focus Estate Fund receives refinancing for Polish portfolio
30
Jan
2020

Focus Estate Fund receives refinancing for Polish portfolio

by Property Forum
Focus Estate Fund has received refinancing from BNP Paribas Bank Polska for its Polish portfolio of retail assets, shopping centres Galeria Sandomierz (Sandomierz) and Galeria Awangarda (Bartoszyce) with a total area of more than 10,000 square meters.
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News C&W to move into new HQ in Warsaw
30
Jan
2020

C&W to move into new HQ in Warsaw

by Property Forum
Cushman & Wakefield consolidate its Warsaw headquarters at The Warsaw HUB in the city’s new business centre. The global commercial real estate services company will occupy nearly 2,500 sqm of office space in the skyscraper.
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News Developer Gran Via reaches €200 million milestone in Romania
30
Jan
2020

Developer Gran Via reaches €200 million milestone in Romania

by Property Forum
Spanish-based developer, Gran Via Real Estate has invested more than €200 million in Romania in the last 15 years and completed about 1,800 apartments until the end of 2019. The company has specialized in the conversion of former industrial lots into residential projects, communities where thousands of families have started a new life.
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News Warsaw’s office construction boom continues
27
Jan
2020

Warsaw’s office construction boom continues

by Property Forum
Almost 800,000 sqm of office space is currently under construction in Warsaw of which approx. 55% will be delivered in 2020, according to the latest Savills research. The capital city of Poland continues to be a big construction site, mostly due to very strong demand for the office space with its record-high levels recorded in 2019.
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News Element Industrial completes first stage of Bucharest logistics park
27
Jan
2020

Element Industrial completes first stage of Bucharest logistics park

by Property Forum
Element Industrial has completed the first phase of the Eli Park 1 logistics park in Chitila, northwest of Bucharest. The 20,000 sqm warehouse is leased to appliance producer Arctic, part of Turkish group Arcelik.
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Latest news


New leases

  • 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.
  • Mammut, the Swiss brand specializing in outdoor sports equipment, is set to open its first branded store spanning 130 sqm in Romania. The store will be located in Cluj-Napoca, within the Rivus mixed-use urban regeneration project, developed by the Iulius Group in partnership with Atterbury Europe.
  • Trane Poland Sp. z o. o., Hamelin Polska Sp. z o. o. and e-Xim IT SA are three new tenants at the Oxygen Park office complex on ul. Jutrzenki in Warsaw. All three companies began operations in the development owned by Golden Star Estate at the beginning of May this year, occupying a total of nearly 1,700 sqm of space. All of the leases are long-term.

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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