ARTICLES LABELLED WITH TAG Poland

Panattoni has launched work on the third building of Panattoni Park Ruda Śląska II, which is to be fully occupied by Konimpex a company involved in the trade, logistics and distribution of chemical and industrial raw materials.

The latest report from Savills indicates that the highest demand for electric vehicle charging points is observed in Germany, France, Sweden, Norway, and the United Kingdom. Poland ranks in the top twenty countries with the highest growth potential for the development of EV charging infrastructure, presenting opportunities for commercial property owners and investors active in this market.

Although employment in the shared services sector is growing by the year, this has not led to stronger demand for office space. However, SSC/BPO/R&D centres remain key office tenants in Kraków and Wrocław. Warsaw also continues to feature on corporates’ radars, says Newmark Poland.

Avestus Real Estate has signed a loan agreement to refinance the Imagine office complex in Łódź. The loan for a total of €23.9 million was provided by mBank S.A.

GLP announced the development of a new warehouse facility in Gliwice known as GLP Gliwice II. The two buildings collectively will incorporate approximately 57,000 sqm of warehouse and production space. This project will be developed in accordance with the BREEAM certification requirements at the “Excellent” level.

Panattoni presented its investment financing for 2023. In Poland, the company obtained 29 bank loans for development projects worth a combined sum of more than €800 million.

Capital Park Group has started to power its investment projects exclusively with energy from renewable sources. As of January 2024, Norblin Factory, Royal Wilanów and two Vis à Vis street malls use 100% green energy. The total area of all projects powered by RES is more than 110,000 sqm. The energy supplier is Enefit. The Westbridge Advisory team advised Capital Park in the procurement process.

Blackbrook Capital has announced that it secured a lease with a European leader in contract logistics with expertise in the e-commerce and textile sectors, for its facility in Poznań, Western Poland.

In February 2024, ID Logistics will start operations for one of the largest clothing distributors in the world. The company will occupy all of Panattoni Park Poznań West Gate II in Tarnowo Podgórne (47,000 sqm in total), with the new centre to be used to consolidate the operations of other locations.

Revenue generated by the top 40 construction companies operating in Poland grew in double digits in 2023, in nominal terms, for the third straight year, and it was mostly the effect of the overall substantial growth of construction costs. For these companies to continue to thrive, it is necessary to disburse the EU funding for Poland promptly, including all the funds available under the National Recovery Scheme and the cohesion policy budget for 2021-2027, says Spectis.