MLP Group has signed a new agreement with Santander Bank Polska. The bank has provided it with financing of more than €19 million and PLN 4 million. The funds will be used to refinance the existing warehouse facilities and finance the construction of new warehouse facilities within the MLP Łódź logistics park. The Kycia Legal law firm advised on the transaction.

Panattoni has started a new development in the Łódź region: Panattoni Park Łódź South II, which will eventually comprise an area of 57,000 sqm. The centre is to be located near the junction on the A1 motorway that joins with national road 12. 

Logistics company Uniq Logistic is moving into the Reino IO Łódź warehouse on Ofiar Terroryzmu Avenue in Widzew. The tenant will occupy more than 12,000 sqm of warehouse space. Uniq Logistic was represented in the negotiation process by Axi Immo.

Hillwood Polska has started the construction of a new logistics centre in the Górna district of Łódź. The complex, which is scheduled to come into use in Q3 2023, will comprise more than 97,000 sqm of warehouse space.

Representatives from Panattoni and Media Expert, the owner of several hundred electronics stores in Poland, together with Hanna Zdanowska, the mayor of Łódź, on Friday - September 2nd - formally opened the latest section of the Media Expert logistics centre within the Central European Logistics Hub. Two buildings with an area of 160,000 sqm, one of which has just been handed over for use and the other to be completed within a year, have been connected to Media Expert’s pre-existing building to create a nationwide distribution complex. Together, the three buildings take up 232,000 sqm and are to provide employment for around 1,000 people. The total area leased by Media Expert from Panattoni across the Łódź region already comes to over 270 000 sqm with a further 35,000 sqm under construction.

GTC has once again received LEED certifications for the Aeropark office buildings located in Warsaw. Zephirus kept its Gold level, while Nothus upgraded its rating and achieved Platinum.

Panattoni has completed the expansion of a factory for a European hygiene products manufacturer - from 26,000 sqm to 70,000 sqm.

Panattoni has completed a central warehouse for Neonet in Łódź-Pabianice. The opening ceremony is scheduled take place in August this year.

MidPoint71, an office building in Wrocław, was acquired by Trigea Real Estate Fund, the fastest-growing Czech fund. The project of Echo Investment, which obtained the occupancy permit earlier this year, was sold for over €100 million. In another deal, three office buildings in Fuzja Łódź project were acquired by KGAL Group, an independent investment and asset manager, for over €56 million.

According to Walter Herz, the beginning of the year brought a revival in demand for offices. Katowice now has a larger offer than Poznań and rental rates for the best space in Warsaw have increased.