Preliminary figures compiled by Savills suggest that the total real estate investment volume in Europe for the first quarter of the year will reach approximately €70 billion, a 19.5% increase year-on-year. Despite geopolitical events, the real estate advisor expects solid European investment activity for the remainder of the year, notably fuelled by large portfolio and entity deals.

The two office towers of Global Office Park developed by Cavatina in Katowice have been awarded an occupancy permit.

Unibail-Rodamco-Westfield has been awarded BREEAM In-Use v.6 for its Westfield Arkadia, Galeria Mokotów and Galeria Wileńska shopping centres in Warsaw, all of which were rated as ‘Excellent’ for asset performance.

Panattoni is once again developing a project for DB Schenker near Poznań. In the second quarter of 2022, the logistics operator will occupy over 20,000 sqm in Panattoni Park Poznań XII, where it will serve its client from the automotive sector. The two companies have worked together in Panattoni Park Poznań VIII in Komorniki. The building will feature reinforced floors, suitable for forklifts that use the inductive loop technology. Panattoni will also deliver numerous green solutions, which should allow the project to obtain the BREEAM certification at the “Excellent” level.

With the fifth building of the High5ive complex in Kraków receiving its occupancy permit, the entire project is coming to an end. It has provided 70,000 sqm of office space to the local office market.

MLP Group's financial standing remains very strong, as confirmed by the posted results for 2021. Last year, MLP Group’s net asset value (NAV) went up 51%, to PLN 1.82 billion (€396.7 million). The value of its investment property rose 46%, to around PLN 3.4 billion (€752 million). Consolidated rental income (i.e. revenue from the Group's core business) was PLN 196 million (€42.8 million), representing a nearly 15% increase year on year. At PLN 632.3 million (€138.1 million), operating profit surged 112% year on year, with a nearly threefold increase in net profit, to PLN 480.5 million (€105.0 million).

Property developer Globalworth is providing 12,000 sqm of its portfolio in Romania and Poland for Ukraine war humanitarian relief efforts. The spaces will be used to accommodate refugees and provide them with related logistical support as well as depositing and sorting the donations. 

Sebastian Proć has been associated with HB Reavis for 13 years - from the beginning of the company's operations on the Polish real estate market, he held managerial positions, overseeing business development, acquisitions and development activities. Previously, he was associated with the DTZ consulting company, as well as Premiumred Real Estate Development (Investkredit / Volksbank group), Budimex Nieruchomości and Unikat Commercial Properties.

This is the seventh investment of the group in Poland. The 212 meters high landmark building is one of the best-known towers across the country.

Revetas Capital has launched a sustainable logistics platform targeting key transport routes and hubs throughout Europe. The first acquisition is a multi-phased, sustainably developed logistics park which will offer 55,000 sqm GLA within an established location east of Kraków, Poland. The investment entails the development of a prime industrial/logistics park that aims to achieve BREEAM “Excellent” rating within one of the most sought-after logistics sub-markets along the “A4 corridor”. This transaction marks Revetas’ entrance onto the logistics market in Poland, a country where the firm has been active for more than ten years in the mixed-use, office, retail and residential sectors.