ARTICLES LABELLED WITH TAG Poland

Roger Andersson, Managing Director of Vastint Poland talked to Property Forum about the accelerating residential property prices, faith in hotel investments in Poland, and constantly rising construction costs.

During Q3, the modern office space stock located outside of Warsaw grew by less than 20,000 sqm. Throughout this period, tenants have leased over 113,000 sqm of space, mainly through the signing of new contracts, or by contract renewals. Office employees have slowly been returning to the offices, tenants were waking-up to the new, hybrid reality and owners of office buildings and property managers began to deliberate more and more about rising utility costs. This is what the 3rd quarter snapshot mirrors in the regional office markets, as per the summary prepared by BNP Paribas Real Estate experts.

Zeitgeist Asset Management has announced that on January 1st, 2022, Maximilian Mendel, one of the most experienced practitioners in PRS, student housing and other fields in the living sector, will assume the position of Managing Director of their Polish subsidiary.

Urszula Kowalska, Krystyna Pietruszyńska and Patrick Pospiech were appointed directors in JLL’s Living Investments department at the beginning of October and, with the support of Paweł Sztejter, Head of JLL Living, they will focus on developing transactional and development advisory services on the Polish residential market.

Insurance company Warta has just moved into the skyscraper, developed by Ghelamco near Daszyńśkiego roundabout in Warsaw.

The sector is seeing a recovery following the reopening of the economy. However, a change in the structure of retail formats continues. Increased developer activity will translate into over half a million sqm of new supply by the end of the year.

Młyńska.6 investment in Katowice has just obtained its use permit. The exclusive advisor responsible for the commercialisation of the building is Colliers.   

Panattoni has been awarded a BREEAM rating of ‘Excellent’ for the second time. A recently completed BTS development in Świebodzin with an area of 200,000 sqm has successfully undergone environmental certification. In three categories, the project achieved a rating of 'Outstanding'. Among other things, the developer conducted a thorough life-cycle cost (LCC) analysis that covered a 60-year period and installed 3,873 solar panels as well as an intelligent building management system (BMS) and water-saving systems cutting usage by almost 55%. The building has four levels where 30 million separate goods can be stored and is served by 3,000 transport robots.

Colliers is starting a new business line - Living Services - from the services offered so far by the Corporate Finance department. The new line will focus exclusively on projects in the living sector and will be offered to clients operating not only in Poland but in the entire CEE region.  

The non-residential green building market is projected to grow by 9% a year from $69.01 billion in 2021 to $110.52 billion in 2025. How does the warehouse industry deal with social and environmental challenges? Will Poland, as the second most active development market in Europe, become a leader in decarbonization?