ARTICLES LABELLED WITH TAG lease

News Polish office market expands rapidly
03
Nov
2017

Polish office market expands rapidly

by Property Forum
From Q1 to Q3 2017 companies in Poland signed lease agreements for over 1 million sqm of modern office space while nearly 548,000 sqm was delivered to market. Furthermore, 1.8 million sqm of is under construction. JLL summarised the situation on the Polish office market at the end of Q3 2017.
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News What does IFRS 16 mean for tenants on the Polish market?
25
Sep
2017

What does IFRS 16 mean for tenants on the Polish market?

by Property Forum
In line with the current accounting standards, commercial real estate leases and operating leases do not have be treated as long-term liabilities. They are very often held off-balance sheet or only partially disclosed as short-term liabilities. As a result, businesses, including the largest listed companies reporting in accord-ance with the International Financial Reporting Standards (IFRS), are required solely to include upcoming operating lease instalments and rental payments in their balance sheets. This, however, will change as of 1 January 2019. Bolesław Kołodziejczyk, PhD, Head of Research & Advisory at Cresa Poland analysed the impacts of IFRS 16.
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News JLL selected as leasing agent for The Warsaw HUB
29
Aug
2017

JLL selected as leasing agent for The Warsaw HUB

by Ákos Budai
JLL has been selected as the exclusive leasing agent for office and retail space located in Ghelamco's biggest investment in Poland to date, The Warsaw HUB. The complex will consist of three skyscrapers and it will offer approx. 113,000 sqm of multi-functional space.
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News Prologis secures 146,500 sqm lease with Tesco in Slovakia
21
Aug
2017

Prologis secures 146,500 sqm lease with Tesco in Slovakia

by Ákos Budai
Prologis has secured a 146,500 square metre lease with Tesco Stores Slovakia at Prologis Park Galanta-Gáň. The transaction includes 55,000 square metre new lease of a recently completed build-to-suit facility and a 91,500 square metre lease renewal.
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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 Prologis leases speculative development in Slovakia
31
May
2017

Prologis leases speculative development in Slovakia

by Ákos Budai
Prologis has fully leased a newly delivered 21,140 sqm speculative facility at Prologis Park Bratislava to a furniture wholesaler. The lease was signed just two months after the building’s completion.
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News SAP Slovakia moves into Twin City
24
May
2017

SAP Slovakia moves into Twin City

by Ákos Budai
SAP Slovakia, is renting over 3,000 sqm of office space within the Twin City office complex in Bratislava. SAP also included in its new lease contract approximately 120 underground parking spaces. The branch moved from the BBC V office building after having its seat there for the past 10 years.
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News CTP expands in Hungary
02
May
2017

CTP expands in Hungary

by Ákos Budai
CTP signed several new leases in Hungary in the first quarter of 2017 which means that construction is now underway in four different locations in the Transdanubia region. The real estate developer, present in Hungary since early 2016, now manages an industrial property portfolio of about 300,000 sqm. 
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News Prologis Park Prague-Airport building fully leased
31
Mar
2017

Prologis Park Prague-Airport building fully leased

by Ákos Budai
Prologis announced that it has signed two new lease agreements totalling 12,100 square metres at its second speculative development at Prologis Park Prague-Airport. The park is now 100-percent leased.
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News C&W appointed sole agent for Warsaw office building
29
Mar
2017

C&W appointed sole agent for Warsaw office building

by Ákos Budai
Cushman & Wakefield has been appointed as sole letting agent for Astrum Business Park, a Warsaw office complex comprising 30,000 sqm of leasable space, by owner IRYDION Sp. z o.o.
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Latest news


New leases

  • The dental network of the LUX MED Group will open its centre in the Supersam in Katowice. The new facility will occupy nearly 500 sqm.
  • Canon and NDI Oddział Południe will occupy a total of several hundred square metres in the DL Tower office building in Katowice. The building is owned by DL Invest Group.
  • Genuine Parts Company signed a multi-year lease for office space in Kraków's Lubicz Park B building. The company’s new location, which will serve as the headquarters of GPC Global Technology Center, will occupy one-and-a-half floors (1,500 sqm in total). JLL Poland took part in lease negotiations and is overseeing the technical side of the GPC office construction process.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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