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News Investment into data centres heats up in Europe
17
Nov
2020

Investment into data centres heats up in Europe

by Property Forum
Iceland, Sweden and Norway show top potential for hyperscale and cloud-scale data centre investment, followed closely by Denmark and the Netherlands according to research from Savills. The CEE region is also becoming more important in strategic plans for key players, with Poland having the potential of being in its heart.
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News Mint Investments makes first purchase for new resi fund
17
Nov
2020

Mint Investments makes first purchase for new resi fund

by Property Forum
Mint Investments has established a new real estate fund which will target people interested in investing in the resi-for-rent sector. MINT rezidenční fond SICAV plans to acquire rental residential buildings in large Czech cities, mainly in Prague and Brno. The fund completed its first €19 million (CZK 500 million) acquisition in the country’s second-largest city – Mint Living Brno Campus comprises 120 apartments as well as office and retail space.
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News Zeitgeist AM invests in resi-for-rent in Gdańsk
16
Nov
2020

Zeitgeist AM invests in resi-for-rent in Gdańsk

by Property Forum
Zeitgeist Asset Management is expanding its portfolio of flats for rent in Poland. JLL advised the investor on the purchase of the property located at 34 Czyżewskiego Street in Gdańsk-Oliwa. The project is being carried out by a Tri-City developer – the BMC group.
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News Invesco launches European Living Fund
16
Nov
2020

Invesco launches European Living Fund

by Property Forum
Invesco Real Estate, a global real estate investment manager, has launched the Invesco Real Estate European Living Fund, an open-ended fund investing in pan-European residential assets.
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News Poland’s data centre market set for dynamic growth
13
Oct
2020

Poland’s data centre market set for dynamic growth

by Property Forum
Data centres are becoming an important segment of commercial real estate and the COVID-19 pandemic turned out to be an impulse for its accelerated growth. There are currently 115 data centres in Poland, of which the highest number is located in Warsaw (35), Katowice and Kraków (13 each). Axi Immo anticipates the market to develop further, especially following the decision by IT giants Google and Microsoft to add Warsaw to their list of global cloud regions, with a pledged investment of $2 billion and $1 billion respectively over the coming years. Axi Immo experts have prepared a report on the Polish data centre market, its requirements and specific features.
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News European data centre investment volume skyrockets
13
Oct
2020

European data centre investment volume skyrockets

by Property Forum
There was a monumental €26 billion (£23.5 billion) investment into the European data centre sector for the first half of 2020, despite the impact of COVID-19, according to a report by Knight Frank in partnership with DC Byte. This is over four times the $5 billion annual average figure and a colossal increase on last year’s $2 billion investment volumes. Take-up in H1 2020 was also 50% higher year-on-year at 282MW.
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News Kajima completes student housing project in Gdańsk
07
Oct
2020

Kajima completes student housing project in Gdańsk

by Property Forum
Student Depot, owned by Kajima Student Housing Limited in partnership with Griffin Real Estate Partners, announced the opening of its first facility in the university city of Gdańsk, Student Depot Kolobrzeska.
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News COVID-19 changes students’ accommodation preferences
01
Oct
2020

COVID-19 changes students’ accommodation preferences

by Property Forum
Student.com, the world’s leading marketplace for international student housing, and Bonard, the global market research experts for student housing, see 2020 as a year of change, as international students have broken with traditional ways of booking student accommodation. Changes in demand, room type and lead time have all taken place as the world and the global higher education sector figure out the ‘new normal’.
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News Hungary’s Cordia enters UK market with PRS acquisition
07
Sep
2020

Hungary’s Cordia enters UK market with PRS acquisition

by Property Forum
Cordia International Zrt. has acquired UK developer Blackswan. Cordia financed the transaction by using funds collected from the bond issuance under National Bank of Hungary’s Bond Funding for Growth Scheme. The acquisition allows Blackswan to deliver a £550 million project pipeline across the West Midlands
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News Warsaw’s first Resi4Rent building secures occupancy permit
02
Sep
2020

Warsaw’s first Resi4Rent building secures occupancy permit

by Property Forum
The first building of the Resi4Rent project, being part of the Warsaw Brewery, has obtained its occupancy permit. In the all-purpose part of Warsaw's Wola district, revitalized by Echo Investment, Resi4Rent has developed 450 apartments for long-term rent. The first tenants have been moving in.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.
  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.

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