News - Echo Investment buys Tesco properties in Poland
28
Feb
2020

Echo Investment buys Tesco properties in Poland

by Property Forum
Echo Investment has secured three standing and working first-generation shopping centres belonging to the Tesco Group. Altogether, around 240,000 sqm mixed-use area consisting of office, retail and residential space can be developed on plots located in Poznań, Łódź and Kraków.
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News - Prologis sees strong rental growth in CEE
28
Feb
2020

Prologis sees strong rental growth in CEE

by Property Forum
In 2019, five out of the ten European markets with the highest logistics rental growth were located in CEE. Last year, net effective rents rose more than 5% for Europe as a whole, the highest level ever recorded. This growth is driven by headline rent growth as, after several years of concession reductions, many markets across Europe are currently at very low levels of incentives such as free rent. Prologis published its Logistics Rent Index.
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News - CA Immo sues Republic of Austria and Province of Carinthia
28
Feb
2020

CA Immo sues Republic of Austria and Province of Carinthia

by Property Forum
CA Immo has taken the decision to bring an action for damages against the Republic of Austria and the Province of Carinthia for unlawful and culpably biased influence on the best bidder procedure in the context of privatization of the Federal Residential Property companies in 2004 and for the unlawful failure to win the best bidder procedure.
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News - Panattoni builds next to Gdańsk
28
Feb
2020

Panattoni builds next to Gdańsk

by Property Forum
Panattoni will soon start the construction of Panattoni Park Tricity South II. The first 25,000 sqm out of the 70,000 sqm planned will be available in August 2020.
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News - C&W Echinox expects 15% increase in valuation volume
28
Feb
2020

C&W Echinox expects 15% increase in valuation volume

by Property Forum
In 2019, the valuation department of Cushman & Wakefield Echinox evaluated properties with a cumulative value of €4.2 billion, while estimating an increase of 15% of the valuation volume for the upcoming year.
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News - Prologis develops 200,000 sqm of new space in CEE
27
Feb
2020

Prologis develops 200,000 sqm of new space in CEE

by Property Forum
2019 saw the completion of 8 Prologis buildings in CEE with a total area of 189 000 square meters, whereas development starts totalled 200,000 square meters. Prologis shared it 2019 results and achievements for Central Europe.
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News - MLP Group secures €30 million for new projects
27
Feb
2020

MLP Group secures €30 million for new projects

by Property Forum
MLP Group has issued €30 million worth of bonds. The issue proceeds will be used to purchase land and implement projects to construct warehouses in Poland and abroad. On February 26th, the bonds will be introduced to trading on the Catalyst market.
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News - Reino & RF CorVal to buy BUMA’s portfolio in Poland
27
Feb
2020

Reino & RF CorVal to buy BUMA’s portfolio in Poland

by Property Forum
Reino Capital, a Luxembourg-based fund and Australia's RF CorVal signed a preliminary agreement to buy BUMA Group’s real estate portfolio as part of a larger deal. The portfolio consists of 10 office properties with over 110,000 sqm GLA plus a land bank with capacity for office projects totalling more than 80,000 sqm GLA and residential projects with over 100,000 sqm of usable area.
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News - Delta Holding starts €70 million retail project in Niš
27
Feb
2020

Delta Holding starts €70 million retail project in Niš

by Property Forum
Delta Holding has laid the foundation stone for the Delta Planet Niš shopping centre, which will spread over 40,000 sqm on two floors.  Completion is scheduled for spring 2021.
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News - Atrium European Real Estate to invest in PRS in Warsaw and Prague
27
Feb
2020

Atrium European Real Estate to invest in PRS in Warsaw and Prague

by Property Forum
Atrium European Real Estate published its financial results for 2019 and announced that the Board and management had been undertaking a strategic review to identify further growth opportunities to deliver strong, long term sustainable income returns to shareholders. The strategic review focused on, amongst other things, leveraging the operating platform in Poland and the Czech Republic and diversification into other classes of real estate, focusing on residential-for-rent
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Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.
  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.

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