ARTICLES LABELLED WITH TAG poland

News - MLP Group’s investment portfolio reaches PLN 4.2 billion
24
Aug
2022

MLP Group’s investment portfolio reaches PLN 4.2 billion

by Property Forum
MLP Group's financial condition remains strong, as demonstrated by its reported H1 2022 performance figures. In the first six months of the year, the Group’s net asset value (NAV) went up 26%, to PLN 2.3 billion. The value of its investment properties rose 25%, to more than PLN 4.2 billion. Consolidated revenue increased 26% y-o-y, to PLN 123.2 million. Net rental income, on the other hand, rose 22% y-o-y, to PLN 90.4 million. Operating profit rose 181%, to PLN 577.2 million. For the first half of this year, MLP Group posted PLN 433.9 million in net profit, an over 2.5-fold improvement (+161%) relative to the same period last year.
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News - Prologis to build 46,000 sqm warehouse  in Wrocław
24
Aug
2022

Prologis to build 46,000 sqm warehouse in Wrocław

by Property Forum
Prologis is starting construction of a 46,000-sqm speculative distribution facility at Prologis Park Wrocław III. The new building will comprise of warehouse and production space.
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News - Cavatina sells three office properties in Poland
24
Aug
2022

Cavatina sells three office properties in Poland

by Property Forum
Affiliates of Lone Star Funds have acquired a real estate package from Cavatina Holding S.A. After announcing their intention to go ahead with the deal in June, the parties managed to quickly bring it to a conclusion. Carbon Tower in Wrocław, Ocean Office Park A and Tischnera Office in Kraków offer a total of nearly 66,000 sqm of GLA with an average lease rate of approx. 90%. The deal amounted to more than €139 million.
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News - Radisson Red hotel opens in Gdańsk
23
Aug
2022

Radisson Red hotel opens in Gdańsk

by Property Forum
The first Radisson Red property in Poland is now welcoming guests. Radisson Red Gdańsk is part of the redevelopment of Granary Island in the center of the Pomeranian capital on the Baltic Sea. With this new opening, Radisson Hotel Group’s portfolio in Poland has grown to 22 properties in operation and under development.
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News - UNIQLO to open pop-up store in Warsaw's centre
23
Aug
2022

UNIQLO to open pop-up store in Warsaw's centre

by Property Forum
The Japanese apparel brand is preparing to open its first pop-up store in Poland – in Domy Towarowe Wars Sawa Junior in the centre of Warsaw. The two-storey store in one of the most popular shopping destinations in central Warsaw is set to open this autumn.
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News - Colliers to advise manufacturing companies in CEE
23
Aug
2022

Colliers to advise manufacturing companies in CEE

by Property Forum
Due to the growing interest of companies in locating their business in the Central and Eastern European region, Colliers has launched a new business line within its Strategic Advisory department – Business Consulting, which will cover the entire CEE market. Jan Kamoji-Czapiński, an expert with long-term experience in strategic consulting for foreign companies, who has been supporting Colliers' clients in the EMEA region for the last year, will be responsible for its development.
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News - Warehouse supply to lag behind demand in Poland
23
Aug
2022

Warehouse supply to lag behind demand in Poland

by Property Forum
According to a report prepared by Newmark Polska, at the end of the second quarter of 2022, Poland’s total warehouse and industrial stock amounted to over 26.1 million sqm, representing a 19.5% increase on the same period in 2021. New supply in the first half of the year surpassed 2.4 million sqm, of which close to 53% was delivered in the first three months, marking the best quarterly result in the history of the Polish market.
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News - DHL Supply Chain to build 110,000 sqm facility in Gorzów Wielkopolski
22
Aug
2022

DHL Supply Chain to build 110,000 sqm facility in Gorzów Wielkopolski

by Property Forum
DHL Supply Chain has begun the construction of a logistics facility in Gorzów Wielkopolski with a planned total area of 110,000 sqm.
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News - First Property takes control of Blue Tower in Warsaw
22
Aug
2022

First Property takes control of Blue Tower in Warsaw

by Property Forum
First Property Group has acquired another 7,171 sqm (or 32.1%) of Blue Tower in Warsaw city centre, bringing its ownership of the property up to 80.3% (17,937 sqm).
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News - Stella Pack to take up 17,000 sqm in Panattoni Park Lublin II
22
Aug
2022

Stella Pack to take up 17,000 sqm in Panattoni Park Lublin II

by Property Forum
Panattoni has leased out 17,000 sqm in Lublin to Stella Pack, one of the largest distributors of chemical cleaning products and a producer of hygiene products. The leasing agreement was brokered by consultancy BNP Paribas Real Estate.
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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