A new premium residential project is to be built Gdańsk, thanks to a joint venture between BPI Real Estate Poland and Speedwell. The site was secured earlier by BPI.

Panattoni has secured financing for its investment in the Pomerania region—Panattoni Park Gdańsk City Airport. The project consists of two speculative distribution halls being built near Gdańsk Airport. Santander Bank Polska granted the €17.3 million loan.

Hillwood has expanded its Polish portfolio with a logistics park covering nearly 43,000 sqm, located in Gdańsk, in the eastern part of the city. The seller was Blackstone. The price has not been disclosed.

MDC2 has announced the commencement of the development of an industrial and logistics park - MDC2 Park Gdańsk East in Koszwały near Gdańsk. It will offer 84,000 sqm in the first phase within a single building. The project is located on the S7 expressway, directly at the Żuławy Zachód junction.

Invesco Real Estate has acquired Cloud One Gdańsk hotel in Poland on behalf of its German client. The seller is Granaria Development Gdańsk, a joint venture entity created by Immobel and Multibud. The price has not been revealed.

Radisson Hotel Group has announced the rebranding of prizeotel to Prize by Radisson and its entry in Poland. 

CTP has purchased a 140,000 sqm plot of land located within the Pomeranian Investment Centre (PCI) - an industrial park located in the vicinity of the largest container terminal on the Baltic Sea. The land acquired from the Gdańsk Economic Development Agency will be used to construct the next stage of the CTPark Gdańsk Port industrial and logistics complex.

Private equity fund Greenstone has acquired an almost 80% stake in a special purpose vehicle owning the Format office building in Gdańsk. The vendor was Torus, which was advised during the transaction process by global real estate services firm Cushman & Wakefield and law firm Greenberg Traurig. The buyer was advised by LegalKraft and Trebbi. The price has not been disclosed.

At 7R Park Gdańsk IV, which spans 42,000 square meters, Mercator Medical S.A will open its first dedicated distribution centre covering 13,000 square meters. The warehouse park is a part or the portfolio of 7R. 

Panattoni has begun work on Panattoni Park Gdańsk City Airport, a new project in the district of Pomerania. The development is being built on a speculative basis and will comprise two modern distribution buildings with a combined area of over 18,400 sqm.