White Star Logistics, a new joint venture between Bain Capital Credit and White Star Real Estate, is launching two logistics centres in Poland, in the Warsaw suburbs of Nowy Konik and Raszyn. These areas are in high demand for warehousing, light industrial uses and from the ever-growing e-commerce market. The total area of both projects will be approximately 120,000 sqm.
Investment manager Corestate Capital Holding S.A. has agreed on a new partnership with Bain Capital Credit. Bain Capital Credit is a leading global credit specialist with approximately €41 billion in assets under management. The agreement establishes a financing partnership in Poland within the micro living sector, specifically to co-invest in properties and convert them into student housing. The partnership has the initial capability to develop up to €500 million GAV. The agreement also includes asset and property management contracts.
108 Agency has mediated a lease of 7,700 sqm for the company DSV Solutions in Prologis Park Prague-Airport. DSV Solutions provides and manages supply chain solutions.
TECH LIGHT, a manufacturer and designer of LED lighting profiles, has relocated to Panattoni A2 Warsaw East Park, situated next to Stary Konik junction near Warsaw. The tenant moved into 1,200 sqm of warehouse and office space already in August. AXI IMMO provided comprehensive advisory services for TECH LIGHT.
Eli Lilly has extended its office lease of 900 sqm in Bucharest Business Park. The pharmaceutical company has been a tenant in the project since 2006. The office complex is owned by CA Immo. Real estate consultancy CBRE worked on the lease extension.
From mid-October this year, Kornél Kalapács is taking up the position of Managing Director of Codic Hungary, the company announced. With around 30 years of experience in real estate development and construction, he will strengthen Codic's Hungarian subsidiary, which will hand over the Green Court Office A building under his management next month.
Mateusz Gołembiewski will head up JLL's HR organisation in the CEE and Russia region. He has 15 years of experience in developing company strategies and operations in this field, and will lead the HR teams in Poland, the Czech Republic, Romania, Slovakia, Hungary and Russia.
The Urban Land Institute (ULI) has announced the appointment of Søren Rodian Olsen, managing director of Logicenters at NREP as chair of ULI Poland. He succeeds Dorota Wysokińska-Kuzdra, senior partner at Colliers, and officially began his voluntary two-year term on 1 October 2021.
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