ARTICLES LABELLED WITH TAG Poland

German developer Trei Real Estate has opened its thirtieth Vendo Park retail park in Poland. It is located in Otwock, in the south-eastern outskirts of Warsaw.

Michał Nawrot has been promoted to Head of Investments CEE at Peakside Capital Advisors. He will be responsible for, among others, the implementation of investment objectives, asset management to increase their value and the fund's investment strategies in the CEE region.

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

The seller of plumbing supplies has leased more than 23,000 sqm at the MLP Poznań West logistics park. Once completed and BREEAM certified, the facility will be handed over to Bevo in November this year. The transaction was completed through BNP Paribas Real Estate, an advisory firm.

The first six months of 2022 saw record results for the office market in Warsaw. During H1 2022, as much as 479,400 sqm was leased, making it the best ever H1 performance for the capital city’s market. According to JLL experts, this is evidence that the capital's market is undergoing a thaw after two years of continuous uncertainty.

In the first half of 2022, office take-up in Warsaw hit a record high of 479,400 sqm, representing a year-on-year increase of 94%. Savills forecasts that the growing undersupply of office space will drive rental growth going forward, further accelerated by shrinking availability and significant increases in construction costs and office property management fees.

Colliers has taken over the management of two office buildings owned by Stena Fastigheter – phase I of Centrum Południe in Wrocław and phase III of High5ive in Kraków. Following Spark B in Warsaw, these are further investments belonging to one of Sweden's largest private real estate companies to be managed by Colliers.

Lidl Polska, one of the largest retail chains in the country, will become one of the tenants of 7R Park Poznań West this August. The company will use nearly 10,900 sqm of modern warehouse and office space.

Challenging times are still going on, thus investment market participants are closely following the impact of the turmoil in Europe on the economy and its long‑lasting consequences. In spite of the record-high inflation as well as continuously raised interest rates, the Polish investment market keeps track with 32 investment deals closed in Q2 2022, exceeding €1.2 billion, Avison Young reports.

More than 600,000 sqm of warehouse space is under construction in Lower Silesia. Of that total, nearly two-thirds are being built in Wrocław and its suburbs. Demand for new warehouses in the region comes mainly from e-commerce and 3PL, according to Newmark Polska.