ARTICLES LABELLED WITH TAG Poland

News MLP Group releases three-year strategic goals
22
Nov
2021

MLP Group releases three-year strategic goals

by Property Forum
MLP Group has released its strategic goals to be met within the next three years to 2024. In line with the strategic plan, the period will see the company’s equity, or net asset value (NAV), double from €387 million in 2021 to €823 million at year end 2024. Significant growth in NAV is expected in 2022, driven mainly by the development of new projects in Germany and Austria, already fully secured.
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News Chomar takes 15,000 sqm in Panattoni Park Wrocław XIII
22
Nov
2021

Chomar takes 15,000 sqm in Panattoni Park Wrocław XIII

by Property Forum
Panattoni is further developing the warehouse stock of Lower Silesia. Panattoni Park Wrocław XIII is under development next to a junction of the A4 motorway in the village of Pietrzykowice just outside Wrocław and will eventually have an area of 75,000 sqm. Logistics operator Chomar has just leased 15,000 sqm in the park. 
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News LCP Properties buys another three retail parks in Poland
22
Nov
2021

LCP Properties buys another three retail parks in Poland

by Property Forum
The LCP Group has just finalised the purchase of another 3 Polish retail parks in Bytom, Góra Kalwaria and Plewiska near Poznań.
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News CA Immo sells Wspolna office building in Warsaw
22
Nov
2021

CA Immo sells Wspolna office building in Warsaw

by Property Forum
CA Immo has successfully signed and closed the sale of Wspolna 47-49 in Warsaw. The property totals 7,696 sqm of GLA and 137 parking units. The sale has closed at a premium to the 31 December 2020 book value. The property was acquired by Yareal Polska.
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News HIH Invest sells two Polish assets to Czech investor
22
Nov
2021

HIH Invest sells two Polish assets to Czech investor

by Property Forum
HIH Invest Real Estate has just sold two HGV service stations in Poland on behalf of an investment fund owned by a German pension scheme and by a foundation. The assets were purchased by Investika, a Czech investment company formed in 2015. The closing of the transaction is scheduled for January 2022.
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News GTC plans reentry to the residential business
22
Nov
2021

GTC plans reentry to the residential business

by Michał Poręcki
Yovav Carmi, President of Management Board and Ariel Ferstman, CFO of GTC have talked to Property Forum about the latest financial results of the company, coping with the effects of the pandemic in the commercial real estate sector and the new directions of company activities.
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News Share of speculative projects in Poland's warehouse market is rising
19
Nov
2021

Share of speculative projects in Poland's warehouse market is rising

by Property Forum
Developer activity in the Polish warehouse market at the end of September 2021 remains at a high level. Completions in Q3 2021 660,000 sqm increased the total logistics and industrial stock to 22.4 million sqm. There are 3.46 million sqm under construction, of which over 1.22 million sqm (+120% y/y) are developments without secured leases. In the period under review, gross take-up amounted to 1.44 million sqm (+16% y/y), where, as expected, the e-commerce and logistics segments remained the main force. The correlation of strong demand and moderate new supply affects the vacancy rate, which stood at 5.04% at the end of September 2021 (-2.66 pp y/y). AXI IMMO presents the results of the latest report, "Polish warehouse market in Q3 2021".
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News How are retail tenants doing today?
19
Nov
2021

How are retail tenants doing today?

by Property Forum
The pandemic has spared no business, with its consequences most strongly felt by the retail sector, including tenants in shopping centres, retail parks and high streets. Global real estate services firm Cushman & Wakefield examines the situation of retail tenants in its latest report “Is Confidence Returning to the Retail Market?”. 
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News MLP Group targets 1.4 million sqm portfolio
18
Nov
2021

MLP Group targets 1.4 million sqm portfolio

by Property Forum
MLP Group has released its consolidated financial results for the first three quarters of 2021, showing revenue of PLN 145.7 million, up 7% year on year. Net profit was PLN 202.2 million, having increased 35% year on year. Equity (net assets) rose more than 27% in the first nine months of the year, to PLN 1.54 billion, with gross investment property having advanced by 25%, to over PLN 2.9 billion.
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News 7R starts construction on new warehouses near Bydgoszcz
18
Nov
2021

7R starts construction on new warehouses near Bydgoszcz

by Property Forum
7R has started the construction of its first warehouse complex in the Kujawsko-Pomorskie voivodship. 7R will build two facilities in the 68,700 sqm 7R Park Bydgoszcz. The investment is already partially commercialized. Among the tenants are logistics operator Rohlig Suus Logistics and supermarket chain Stokrotka.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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