LivUp has finalized the purchase of a property in Kraków from Galinvest. The new LivUp project will include about 80 residential apartments for long-term rental, as well as additional amenities and facilities. The first tenants are expected to move in by Q2 2023.
Panattoni will deliver 21,000 sqm to Trivium Packaging, a global manufacturer of metal packaging, as early as 2023. It will be the biggest completed development for a single customer in the developer's Kraków portfolio.
KG Group opens another large Atut chain centre in Kraków. This time it will be two retail parks with a total area of more than 20,000 sqm GLA, which will operate under the common name Atut Galicyjska.
GLP announced that the last building developed at its Kraków Airport Logistics Centre in Modlniczka, near Kraków, will have Cummins as its main customer. The building will be ready next spring.
Hyatt Hotels Corporation announced the opening of Hyatt Place Kraków, marking the first Hyatt hotel in the city. The hotel represents the return of the Hyatt brand to Poland.
Revetas Capital is converting its office landbank portfolio of approximately 90,000 sqm developable GLA in 3 major cities in Poland into residential, entering the Private Rental Sector. The recapitalization of the portfolio should provide a capacity of up to 2,000 beds. The objective of the conversion is to build an institutional PRS portfolio in major Polish university cities.
Kajima Student Housing and Griffin Capital Partners have completed the development of a 795-bed Student Depot dormitory in Kraków, its largest residential scheme in Poland since the partnership entered the Polish market in 2019. The construction of the 11-storey, 25,000 sqm building took 17 months, making it one of the fastest large-scale residential developments with fit-out completed in Poland.
Revetas Capital has announced that since the beginning of 2022, 14 lease transactions have been secured in the Buma Square office complex in Kraków, Poland, with a total area of 4,512 sqm, consisting of new leases, extensions and renewals, of which 416 sqm represent new leases.
Colliers has taken over the management of two office buildings owned by Stena Fastigheter – phase I of Centrum Południe in Wrocław and phase III of High5ive in Kraków. Following Spark B in Warsaw, these are further investments belonging to one of Sweden's largest private real estate companies to be managed by Colliers.
Revetas Capital has completed its sustainability-focused investment project at the Bonarka for Business “B4B” office park in Kraków, the B4B Oasis. By activating the common areas, the workplace is enhanced, thereby reducing the overall density within the buildings.
Catering products supplier Bidfood Farutex has become the first tenant of DC4 building at Prologis Park Wrocław III, having leased 9,795 sqm. Farutex will move into its new space in August 2023.
Warsaw's Renova shopping mall, located in Targówek and owned by Napollo, has just opened the first outlet of the Mother Earth brand in Warsaw. The outlet will be located on the ground floor of the mall.
Gdańsk's Galeria Zaspa has gained a new tenant. Clothing brand Sinsay has taken nearly 600 sqm of space in the facility.
New appointments
Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.
Piotr Chemperek has joined the experts of the Office Space Department at Colliers Poland, taking the position of Associate Director. He will be responsible for advising companies in the medical sector.
Magda Twarowska joins Logicenters Poland, the logistics arm of NREP, as Head of Commercial. She will be responsible for managing tenant relations and leasing activities, covering the standing assets and projects held by NREP NSF IV portfolio company, BIK S.A.
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