Panattoni has launched construction on its second centre in the administrative capital of Wielkopolska. City Logistics Poznań II is to arise on ul. Węgorka, where it will have easy access to the centre of town and be within the vicinity of the A2 junction with the S11. The investment costs will come to €17 million.

Zbigniew Korba, Partner and Attorney at Law at TaylorWessing has talked to Property Forum about sustainability-liked loans, current financing conditions and the incoming changes in the spatial planning and construction law in Poland.

LCP Properties has begun the process of structuring its portfolio with the official launch of the M Park brand. As part of the first stage of the rebranding, LCP has selected 20 out of a total of more than 95 of its existing projects in the country for changes. For three of them, previously operating under the Echo name - in Tarnów, Radom and Piotrków Trybunalski - the process has just been completed. The first stage of image changes within the LCP portfolio will last until the end of this year. 

CPI Property Group announced the signing of nearly €500 million of new secured bank loans in 3 CEE countries. CPIPG currently has new bank loans in Poland, the Czech Republic as well as Slovakia.

More than three-quarters (76%) of office stock across Europe will be at risk of obsolescence by 2030 according to the latest report from Cushman & Wakefield. One of the reasons is the increased level of legislative action around sustainability requiring investors to modernise real estate to ensure ESG compliance. To take one example, commercial property landlords are required in a growing number of cities across North America and Europe to install green roofs that help increase urban biodiversity, optimise energy costs and improve the user experience.

Witold Rafalski joined GTC Poland as the Head of Asset Management and Marcin Zaskurski joined as the General Counsel and Head of Legal Department. 

Panattoni has started further construction for BestSecret, a European online distributor of off-price fashion. The company took the already delivered 90,000 sqm at Panattoni Park Sulechów III into operations in March. As part of the facility expansion, the new contract involves – building an additional 43,323 sqm of warehouse space and 2,632 sqm of office space.

Panattoni is undertaking another large-scale project in Silesia. The company has bought 26 ha of land and has launched work on its first development in Bytom, which is to comprise three industrial buildings. The location allows for easy access to key cities both within the country and throughout the Central European region.

7R is preparing to start construction of 7R Park Bytom I. The project will be built in the spirit of ESG: it marks the revitalization of 25 ha of neglected land, will have numerous pro-environmental solutions, at the same time the developer has established cooperation with local authorities and actively supports the local community.

After Cavatina Group S.A. separated the residential development business from the entity responsible for the construction and management of a portfolio of PRS projects, with Resi Capital S.A. and Cavare S.A. taking over respective roles, the latter company is preparing to launch its first investments. The company announces its presence primarily in the markets of Warsaw, Wrocław, Gdańsk, Kraków, and Poznań, a secured pipeline of circa 1.6k units.