ARTICLES LABELLED WITH TAG Poland

CBRE has appointed Daniel Bienias as the new Managing Director of the CEE region. He will take over this role from Andreas Ridder who has been successfully building CBRE’s presence in the region for the last 20 years. Andreas will remain in his position as Managing Director, CBRE Austria.

Panattoni has leased 42,000 sqm to Japanese logistics operator Nissin in Panattoni Park Bydgoszcz IV. The logistics park, which came into use this year, is the first to be developed in the western part of the city and will ultimately comprise three buildings with a total area of 110,000 sqm. 

Vastint has leased nearly 13,400 sqm in three Business Garden complexes in the last months of 2022. The new tenants of Business Garden Wrocław are VSB Energie Odnawialne Polska, Smartbear Software, IDOM, and Jabil Poland, which leased a total of more than 4,200 sqm of office space. In addition, two current tenants of the complex, Gates Business Services Europe and iTechArt, have expanded their existing offices by an additional 2,400 sqm. The Business Garden Poznań tenants were joined by Deloitte and Paypro SA, which leased a total of 2,720 sqm. Business Garden Warsaw also gained new tenants, Astellas Pharma, Stadler Polska, TLScontact and United Imaging Healthcare Poland. Along with the expansion agreements signed with current clients, the Warsaw complex leased 4,074 sqm of office space.

The past year has been an extremely intense one for the housing market. A series of events from another Covid-19 wave, the outbreak of war in Ukraine and the ensuing influx of refugees, to the acceleration of inflation, a tightening of credit scoring criteria, the increase in interest rates and the coming into force of the Law of the Developer's Guarantee Fund, have significantly affected the market. These changes will certainly continue to resonate in 2023. JLL experts summarize what the coming months may have in store for the housing market.

Katarzyna Zawodna-Bijoch, President and CEO of Skanska’s commercial development business unit in CEE has talked to Property Forum about the changing role of offices, skyrocketing energy prices and the incoming supply gap in the Polish office market.

ICT service provider Atman sp. z o.o. has purchased an investment site of nearly 6 hectares in Duchnice, in the municipality of Ożarów Mazowiecki. The transaction process for the Warsaw-based company, including engineering support and the preparation of administrative and legal formalities, was provided by JLL Poland.

According to the latest report from Workthere.pl, Savills' flexible office space platform, since 2018, flex providers have delivered over 239,000 sqm of new office space in 114 buildings, accounting for 75% of Poland’s total coworking and serviced office stock.

A pandemic, high inflation, rising prices for materials and contractors, and consequently, an increase in starting rental rates concerned the warehouse sector in 2022. Despite the difficulties, the logistics and industrial market is stable and has grown dynamically. The breaking point for the sector turned out to be Russia’s aggression against Ukraine at the end of Q1, 2022, which significantly changed the perception of the entire market in the first weeks of the war. Additionally, tenants and developers looked for ways to optimize energy costs throughout the year. Axi Immo presented a recap of 2022 and forecasts for 2023 for the warehouse market in Poland.

A JV of Investika – a Czech retail investment fund, and Bud Holdings – a Luxembourg-based private equity company, became the new owner of the entire Face2Face Business Campus in Katowice. Echo Investment signed a sale agreement for the complex comprising two office buildings. The agreed price is about €110 million.

Panattoni has sold its fully-leased Silesia East logistics park near Katowice in the south of Poland, to Palmira Polska Sp. z.o.o, the Polish subsidiary of Frankfurt-headquartered investor and asset manager Palmira Capital Partners. The 32,000 sqm Grade A complex is part of a major logistics hub around Katowice, the capital of the Silesia region, which borders the Czech Republic and Slovakia and lies at the heart of the industrial and manufacturing centre of Central and Eastern Europe. The parties agreed not to disclose the value of the transaction.