News - Panattoni to build new hall for Korea's Hanon Systems in Kladno
28
Aug
2023

Panattoni to build new hall for Korea's Hanon Systems in Kladno

by Property Forum
Panattoni will build a new hall for Hanon Systems, a Korean manufacturer of parts for air conditioning and cooling systems for cars, in the Kladno-South industrial zone. The entire existing site with the existing hall will also undergo modifications. 
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News - Panattoni's new hall in Pilsen to house Panasonic production
28
Aug
2023

Panattoni's new hall in Pilsen to house Panasonic production

by Property Forum
Panattoni Park Pilsen West II has a new tenant, Panasonic Heating & Ventilation Air-Conditioning Czech. The hall's premises with a total area of over 24,600 sqm will be used for the production and storage of control boards for air conditioners and heat pumps manufactured in the Czech Republic. 
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News - GLP Wrocław V Logistics Park to expand by more than 86,000 sqm
28
Aug
2023

GLP Wrocław V Logistics Park to expand by more than 86,000 sqm

by Property Forum
GLP has started the construction of another warehouse at Wrocław V Logistics Centre. Developed in the Wrocław metropolitan area, the warehouse park in Magnice is one of Poland’s largest logistics projects. The latest stage of the project had already been fully leased before the start of construction.
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News - Accolade reaches 1.3 million sqm of leased space in Poland
25
Aug
2023

Accolade reaches 1.3 million sqm of leased space in Poland

by Property Forum
Halfway through 2023, Accolade’s portfolio amounts to over 1.3 million sqm of total leased space across 26 industrial parks in Poland. The industrial property investor maintains their strong position in several Polish regions, including Western Pomerania, Kuyavia-Pomerania, Lubuskie, and Podlaskie.
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News - Poland's industrial market claims a podium finish
25
Aug
2023

Poland's industrial market claims a podium finish

by Property Forum
According to the latest report from Cushman & Wakefield, gross warehouse take-up in Poland stabilized at over 1 million sqm in Q2 2023. Furthermore, at the end of June 2023, there was 2.1 million sqm under construction, with the relatively strong development activity being driven by higher rents encouraging investors to launch new projects. In addition, Poland entered the top three EU markets in terms of warehouse stock, jumping into third spot behind Germany and France.
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News - Total warehouse stock in Poland exceeds 30 million sqm
24
Aug
2023

Total warehouse stock in Poland exceeds 30 million sqm

by Property Forum
According to the newest report prepared by Newmark Polska, in the second quarter of 2023, the total warehouse and industrial stock in Poland surpassed 30 million sqm. Both tenants and developers exhibited caution in decision-making, which resulted in a decline in leasing activity and construction volumes. Meanwhile, warehouse availability in existing facilities increased.
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News - FineStore leases almost 10,000 sqm in CTPark Bucharest North
24
Aug
2023

FineStore leases almost 10,000 sqm in CTPark Bucharest North

by Property Forum
Industrial developer CTP has delivered a warehouse of almost 10,000 sqm in CTPark Bucharest North for FineStore, the largest online liquor retailer in Romania. The lease transaction was advised by iO Partners. 
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News - CTP opens Asia office
22
Aug
2023

CTP opens Asia office

by Property Forum
Industrial developer CTP has opened its first office in Asia in a bid to accommodate growing demand from its clients in this region for investment in production facilities based across Europe. The new office based in Hong Kong will be led by Jaromir Cernik, who joins from fast-growing fintech company Qupital, where he served as a Board Member and Director. 
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News - PINK releases data on Poland's warehouse market for Q2 2023
21
Aug
2023

PINK releases data on Poland's warehouse market for Q2 2023

by Property Forum
The Polish Chamber of Commercial Real Estate (PINK) has published figures summarizing the warehouse market in Poland for Q2 2023. The data is sourced from advisory companies from the commercial real estate sector (Axi Immo, BNP Paribas Real Estate, CBRE, Colliers, Cushman & Wakefield, Knight Frank, Newmark Polska, Savills) and includes information on modern warehouse stock, new completions, space under construction, take-up and vacancy levels.
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News - Panattoni secures funding for urban park in Warsaw
18
Aug
2023

Panattoni secures funding for urban park in Warsaw

by Property Forum
Industrial developer Panattoni has obtained bank financing to start the construction of City Logistics Warsaw IX in Targówek, which is one of its urban parks in Warsaw. The company got €10.5 million from Bank Gospodarstwa Krajowego for the new development. 
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Latest news


New leases

  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
  • 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.

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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