As elsewhere, the investment market in Poland is struggling with high interest rates and financing costs. Some asset classes though, such as flats for rent and warehouses, remain a desirable commodity among investors - this is how the panel discussion focusing on investment and financing trends at Future of Real Estate 2023 can be summarised. The event was organised by Property Forum and RICS in Warsaw this week.

Bank Pekao, in collaboration with Berlin Hyp AG granted a €125 million investment loan to Promenada Shopping Mall. Pekao is also acting as the Loan and Security Agent for the transaction.

At the corner of Pańska Street and Wronia Street in Warsaw, the construction of the underground part of the first phase of the mixed-use project Towarowa 22 is coming to an end. In addition to offices, the Office House building offers retail spaces and attractive green areas. This is a promise of a joint project by companies belonging to the Echo Investment Group and AFI Europe.

New office supply reached nearly 236,000 sqm in Poland’s key regional cities in Q1-Q3 2023, says Savills. Gross take-up for the same period amounted to over 531,000 sqm, an increase of 19% year-on-year.

Property Forum is proud to announce the first edition of its annual listing of the 50 most influential people in the Polish real estate market. To access the publication, fill out the pop-up window that appears on this page.

Panattoni has launched the construction of Panattoni Park Grodzisk V in the village of Natolin with the development being financed by a €17 million loan. The financing has been provided by BNP Paribas bank. 

M Core has opened another retail park in Łochów near Warsaw. It's the 46th retail park under M Park brand in Poland.

Havi Logistics has leased more than 16,000 sqm of new space within the expanded MLP Poznań logistics centre. The facility for the company will be equipped with solar PV panels, heat pumps, and electric vehicle charging stations. Once completed, the new space is scheduled for handover at the beginning of the second half of 2024. Colliers’ Industrial and Logistics Department advised on the deal.

Logicor has signed a leasing agreement with Martex, a Polish distributor of truck spare parts, for a c. 45,000 sqm standalone warehouse at Logicor Będzin.

Nuveen Real Estate alongside its joint venture partner, Value One, has completed the development of Fabryczna 22, the second Polish student living asset to be delivered by the two firms’ Eagle joint venture.