ARTICLES LABELLED WITH TAG Poland

17
Jan
2017

Panattoni Europe to build BTS facility for H&M in Poland

by Ákos Budai
Panattoni Europe will build another BTS facility for H&M. The distribution centre spanning over 30,000 sqm will be built in Grodzisk Mazowiecki – construction works are set to start in February 2017. The investment will be certified under the LEED system, aiming for the Silver rating level.
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17
Jan
2017

Echo Investment welcomes new tenant in Kraków

by Ákos Budai
EPAM, an international company which is involved in the development of software and implementation of IT projects, has leased an office area of nearly 3,500 sqm in O3 Business Campus which is being developed by Echo Investment in Kraków. CBRE advised EPAM in the leasing process.
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16
Jan
2017

Logicor secures new tenant in Poznań

by Ákos Budai
Aluplast sp. z o.o., a supplier of PVC window systems, has signed a lease for 10,000 sqm of warehouse and manufacturing space at the Logicor Poznań III distribution centre. Cushman & Wakefield represented the tenant in the lease negotiations.
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12
Jan
2017

Symetris Business Park in Łódź secures new tenant

by Ákos Budai
ZF TRW, a global automotive supplier, has selected Symetris Business Park – developed by Echo Investment – as the location for its new electronics engineering centre in Łódź. The company has leased nearly 2,400 sqm of space. JLL advised ZF TRW on the process of selecting the new space.
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12
Jan
2017

Retail investors go for non-core markets in Europe

by Ákos Budai
International real estate advisor Savills has reported that investors into Europe’s retail sector are shifting their interest to some of the continent’s non-core markets. Investment into Europe’s retail sector during Q1-Q3 2016 reached €33.3 billion across the 15 markets that Savills covers, down 28% from the 2015 record volume. However, despite the overall drop of total turnover in the two largest markets of the UK (-18%) and Germany (-46%) during this time period, Europe’s non-core markets in contrast have experienced a significant rise in retail investment. These include: Ireland (223% to €1.46 billion); Poland (126% to €1.4 billion) and Italy (119% to €1.8 billion).
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12
Jan
2017

It’s time to forget about political risk in CEE!

by Ákos Budai
Looking at what is going on in world politics, TriGranit’s CEO finds it difficult to comprehend why many still stress the political risk factor when talking about the Central European real estate market. He’s optimistic about the future and expects further diminishing returns on investment, along with new investors appearing in Budapest. Árpád Török talked to us about plans for developing TriGranit and the future of the real estate market.
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12
Jan
2017

HB Reavis to develop Poland’s tallest office tower in Warsaw

by Ákos Budai
HB Reavis announced that construction has commenced on Varso Place, its flagship development in Warsaw’s city centre. Plans for the 140,000 sqm mixed-use scheme include one of Europe’s tallest towers and two mid-rise buildings. Completion is scheduled for 2020.
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12
Jan
2017

Polish office construction boom to continue in 2017

by Ákos Budai
2016 saw the highest developer activity in the history of the Polish office market. New supply is expected to remain strong in 2017 with 1.4 million sqm of new space currently under development. JLL published its preliminary summary of Poland's office market performance in 2016
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12
Jan
2017

Exeter acquires logistic park in Szczecin

by Ákos Budai
American investor Exeter Property Group has finalized its acquisition of the North-West Logistic Park warehouse and production complex in Szczecin, Poland from Waimea Holding. The value of the transaction has not been disclosed. 
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10
Jan
2017

Over €4.4 billion transacted in Poland last year

by Ákos Budai
According to JLL’s preliminary forecasts, the total volume of real estate deals on the Polish investment market in 2016 may amount to almost €4.4 billion. The real standout performer was the retail market which came in with nearly €2 billion, followed by the office segment with €1.7 billion and the industrial/logistics sector with nearly €0.5 billion.
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Latest news


New leases

  • 108 Agency has mediated a lease of 7,700 sqm for the company DSV Solutions in Prologis Park Prague-Airport. DSV Solutions provides and manages supply chain solutions.
  • TECH LIGHT, a manufacturer and designer of LED lighting profiles, has relocated to Panattoni A2 Warsaw East Park, situated next to Stary Konik junction near Warsaw. The tenant moved into 1,200 sqm of warehouse and office space already in August. AXI IMMO provided comprehensive advisory services for TECH LIGHT.
  • Eli Lilly has extended its office lease of 900 sqm in Bucharest Business Park. The pharmaceutical company has been a tenant in the project since 2006. The office complex is owned by CA Immo. Real estate consultancy CBRE worked on the lease extension.

New appointments

  • From mid-October this year, Kornél Kalapács is taking up the position of Managing Director of Codic Hungary, the company announced. With around 30 years of experience in real estate development and construction, he will strengthen Codic's Hungarian subsidiary, which will hand over the Green Court Office A building under his management next month.
  • Mateusz Gołembiewski will head up JLL's HR organisation in the CEE and Russia region. He has 15 years of experience in developing company strategies and operations in this field, and will lead the HR teams in Poland, the Czech Republic, Romania, Slovakia, Hungary and Russia.
  • The Urban Land Institute (ULI) has announced the appointment of Søren Rodian Olsen, managing director of Logicenters at NREP as chair of ULI Poland. He succeeds Dorota Wysokińska-Kuzdra, senior partner at Colliers, and officially began his voluntary two-year term on 1 October 2021.


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