ARTICLES LABELLED WITH TAG Krakow

News C&W appointed property manager of Kraków business park
06
Jul
2017

C&W appointed property manager of Kraków business park

by Ákos Budai
Cushman & Wakefield has been appointed property manager of Krakow’s office complex Zabłocie Business Park. The scheme is owned by IMS Budownictwo, a local housing developer.
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News TriGranit expands Krakow office complex
22
Jun
2017

TriGranit expands Krakow office complex

by Ákos Budai
TriGranit is to start the construction of Building H with an area of 10,000 sqm at the Bonarka for Business (B4B) complex in Kraków. This will be the eighth office building at B4B, one of the most popular office complexes in Kraków. At the same time, Bonarka for Business launches its new Tenant Relationship Program to serve the needs of their tenants on a higher level. 
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News Knight Frank Poland wins three new mandates
07
Jun
2017

Knight Frank Poland wins three new mandates

by Ákos Budai
Knight Frank was appointed sole agent to commercialise V.Offices – a project currently under construction by AFI Europe in Kraków – and buildings B and C of the Sportowa Centrum office complex in Gdynia. Knight Frank has also been appointed property manager of the Lobos office building in Kraków, a property is owned by the Lobos Group.
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News Wroclaw overtakes Krakow as most booming regional market
23
May
2017

Wroclaw overtakes Krakow as most booming regional market

by Ákos Budai
There is currently 1.66 million sqm of office space under development in Poland, of which 965,000 is located outside Warsaw. Historically, this is the highest construction activity registered on Poland's regional markets, JLL reports. During the first three months of 2017, companies signed lease agreements for 371,700 sqm of office space, of which 177,700 sqm was leased on markets outside Warsaw. 
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News New office hubs on the rise in Poland
22
May
2017

New office hubs on the rise in Poland

by Ákos Budai
Over time, some office locations enhance their position in the eyes of tenants while others – lose popularity. The reason for this change usually results from communication infrastructure as its development can create new business regions. JLL has taken a closer look at tenants’ preferences regarding office locations on major Polish markets based on concluded lease agreements. The company focused solely on new deals – excluding renewals of already existing contracts and expansions – signed in Warsaw (in 2012 and 2016), and Kraków, Wrocław, Tri-City, Katowice, Poznań and Łódź (in 2011 and 2016).
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News Poland’s office markets steam ahead
11
May
2017

Poland’s office markets steam ahead

by Ákos Budai
During the last three years, companies have leased nearly 4 million sqm of modern office space in Poland. Taking the dynamic development of firms into consideration, 2017-2019 can generate office demand of up to 5 million sqm, JLL predicts.
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News Three regional cities take the lead in Poland
29
Mar
2017

Three regional cities take the lead in Poland

by Ákos Budai
Nearly half a million square meters of modern office space was delivered to the office market in the key Polish regional cities in 2016. The leader’s position was retained by Kraków, Lesser Poland’s capital, followed by, amongst others, Wrocław and the Tri-City. According to the report’s authors at BNP Paribas Real Estate Poland, current pipeline projects will also support the high growth dynamics in 2017.
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News TriGranit hands over new building in Kraków
07
Mar
2017

TriGranit hands over new building in Kraków

by Ákos Budai
Building G, the 7th element of the Bonarka for Business (B4B) office complex in Kraków, has been just handed over. The 100% built-to-suit, eight-storey Class A office building has 10,000 of sqm GLA and will host Euroclear, a Belgium-based financial services company. Having closed 8,000 sqm of lease renewals and new leases in the last months, TriGranit plans the delivery of further 3 office buildings in B4B in the near future. 
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News IRE buys Sheraton Grand Hotel Krakow for €70 million
07
Mar
2017

IRE buys Sheraton Grand Hotel Krakow for €70 million

by Ákos Budai
Invesco Real Estate (IRE), a global real estate investment manager, has acquired the 232-room Sheraton Grand Hotel Krakow for €70 million on behalf of one of its UK pension fund separate account clients. The seller was hotel investor Algonquin.
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News US-controlled fund to acquire Polish office and retail portfolio
03
Mar
2017

US-controlled fund to acquire Polish office and retail portfolio

by Ákos Budai
The Octava FIZAN fund is in the process of acquiring a portfolio of 11 office and retail assets in Poland, including Onyx in Kraków and Centrum Krakowska 61, Renaissance Tower and Eureka Park in Warsaw, from two BPH FIZ funds. Savills is advising the buyer on the transaction, which is expected to be finalized by the end of H1 2017. The parties did not reveal the value of the acquired assets, but the estimated value significantly exceeds €100 million.
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Latest news


New leases

  • Signify is relocating its existing headquarters in Lódź. The new office, located in the city centre in the Hi Piotrkowska complex, has an area of over 2,800 sqm. The tenant was assisted in the signing of the contract and the process of arranging the new office by the consulting firm CBRE.
  • Magwise Medical Centre is a new tenant of the Wola Retro office building in Warsaw owned by Develia. The clinic, which specialises in mental health, has taken nearly 390 square metres of space on the ground floor of the building.
  • Logistics company Fiege will lease approximately 5,000 sqm in the ONE industrial park in Lovosice built by Cromwell Property Group. The transaction was arranged by Matěj Indra, head of the industrial department at 108 Agency Czech Republic.

New appointments

  • Lucia Niculae has been appointed Business Development Director of Romanian construction company Pedro Construct. She has been an investor since 2018 and currently manages her own property portfolio. 
  • 108 Agency promoted Matej Indra to Head of Industrial Agency for the Czech Republic.
  • Michał Ozimek has joined the Valuation department at Corees Polska - Commercial Real Estate, taking up the position of Senior Valuation & Investment Analyst. Working in the agency's Warsaw branch, he will be responsible for supporting processes related to the development of property valuations.


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