News - Prologis develops two BTS facilities in Wrocław
27
Jun
2019

Prologis develops two BTS facilities in Wrocław

by Property Forum
Prologis has begun construction of two build-to-suit (BTS) facilities totalling 40,000 square meters in Prologis Park Wrocław IV.
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News - Panattoni Europe expands in Poznań and Toruń
27
Jun
2019

Panattoni Europe expands in Poznań and Toruń

by Property Forum
Panattoni Europe is building 90,000 sqm of space across three parks the outskirts of Poznań – in Jaryszki (Panattoni Park Poznań VII), Komorniki (Panattoni Park Poznań IV), and Swadzim (Panattoni Park Poznań IX), with 200,000 sqm more planned. The developer is also investing in Cuiavia-Pomerania. Construction works at Panattoni Park Toruń II with more than 62,500 sqm are about to start in the coming July. The distribution centre will be put into operation as soon as Q1 2020.
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News - Strong growth on Romania’s retail park market
27
Jun
2019

Strong growth on Romania’s retail park market

by Property Forum
Romania was ranked fifth at a European level in 2018 regarding the deliveries of retail space in retail parks, being overtaken in this hierarchy only by France, Spain, Great Britain and Italy, according to Cushman & Wakefield’s report.
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News - M7 Real Estate extends its cooperation with Savills
27
Jun
2019

M7 Real Estate extends its cooperation with Savills

by Property Forum
M7 Real Estate has appointed Savills as the property manager for its recent office acquisitions, Green Park, Mazovia Plaza and Delta 44, thereby extending its cooperation with the advisor.
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News - Cromwell European REIT to buy Polish properties
27
Jun
2019

Cromwell European REIT to buy Polish properties

by Property Forum
Cromwell European REIT has announced that it is to acquire six office properties in France and Poland. CEREIT is to pay €246.9 million for all six properties.
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News - One United prepares new Bucharest office project
27
Jun
2019

One United prepares new Bucharest office project

by Property Forum
One United Properties has completed the concept of its new office project One Cotroceni Park.  The new project can offer a floorplate up to 8,000 sqm, addressing companies in search of a headquarter efficiency solution.
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News - Hines buys distribution centre in Poland for Korean client
27
Jun
2019

Hines buys distribution centre in Poland for Korean client

by Property Forum
Hines, on behalf of Korean investors represented by IGIS Asset Management, has completed the acquisition of the Zalando Lounge distribution centre in Ameryka near Olsztynek. Hines will be the asset and property manager, providing a comprehensive service for IGIS and investors represented by IGIS.
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News - F&B sector set to grow in Bulgaria
27
Jun
2019

F&B sector set to grow in Bulgaria

by Property Forum
The share of food & beverages in modern shopping centres in Sofia is two to three times below the European benchmark, according to the latest report by Colliers International. From 5% a decade ago, it grew to 10-15% of GLA in European cities in present times and is forecasted to reach 20% by 2025. The share of F&B in Sofia shopping centres is about 6% or 20,000 sqm of the total space.
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News - New supply coming on Katowice’s office market
27
Jun
2019

New supply coming on Katowice’s office market

by Property Forum
According to Cresa’s report, Katowice’s office stock has increased by nearly 9% over the year to almost 520,000 sqm at the end of the first quarter of 2019. More than 30,000 sqm is expected to be added to Katowice’s office stock by the end of this year.
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News - SEGRO acquires Wrocław logistics park
27
Jun
2019

SEGRO acquires Wrocław logistics park

by Property Forum
SEGRO, acting on behalf of SELP, has completed the purchase of 7R Park Wrocław in Biskupice, a warehouse project located in one of the key logistics hubs in Poland. With this acquisition, SEGRO doubles its portfolio in the Lower Silesia region.  
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Latest news


New leases

  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
  • 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.

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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