ARTICLES LABELLED WITH TAG Poland

News FLE acquires third asset in CEE in 2023
22
Sep
2023

FLE acquires third asset in CEE in 2023

by Property Forum
FLE has successfully signed and closed the acquisition of the ca. 12,500 sqm DAFA warehouse and light production facility in Natolin (Grodzisk Mazowiecki Region), located in Warsaw logistic Zone II. The transaction was construed as a sale and long-term lease back. The price has not been disclosed. 
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News Walter Herz becomes sole agent of CUBE Office Park in Gdańsk
21
Sep
2023

Walter Herz becomes sole agent of CUBE Office Park in Gdańsk

by Property Forum
TFG Asset Management, a company providing services to the owner of the building - GNT Ventures Gdańsk, has chosen Walter Herz as sole agent for the lease of space in CUBE Office Park complex, located at Pałubickiego Street in Gdańsk. The cooperation includes the commercialization of office buildings offering a total leasable area of over 19.7 thousand sqm.
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News Echo Investment to focus more on PRS in Poland
21
Sep
2023

Echo Investment to focus more on PRS in Poland

by Property Forum
Consolidation of the residential business, maintaining a high rental level in all completed Resi4Rent projects, starting new "destination" projects – this is a summary of the operational activities of Echo Investment Group in the first half of 2023. The Group's development plans are supported by a high cash balance of over PLN 662 million. 
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News Accolade to start new warehouse project in Upper Silesia
21
Sep
2023

Accolade to start new warehouse project in Upper Silesia

by Property Forum
Accolade is expanding its portfolio with a new facility in Upper Silesia. The warehouse park in Ruda Śląska will have a total area of 67,000 sqm, nearly half of which is already leased to a single tenant. The investment is valued at €55 million.
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News Polish retail vacancy rates fall
21
Sep
2023

Polish retail vacancy rates fall

by Property Forum
According to the latest data from Cushman & Wakefield, the average retail vacancy rate in Poland’s largest cities currently stands at 3.5%, down by 1.2 pp year-on-year. More importantly, falls were recorded in six out of the eight largest cities, with the availability of retail space at the lowest in Kraków, Łódź and Szczecin. This suggests a gradual retail recovery in Poland, says Cushman & Wakefield. Meanwhile, as the market continues to stabilize, retail landlords should increasingly turn their focus onto diversifying their offer.
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News Vastint launches its first PRS project in Poland
21
Sep
2023

Vastint launches its first PRS project in Poland

by Property Forum
Vastint Poland is launching its first project in the Private Rented Sector (PRS). The Pastelowo estate will be built on Pastelowa Street in Poznań, in the immediate vicinity of the Business Garden complex. The development includes 255 apartments, which will be entirely for long-term rental. The project will be ready in early 2025, at which time the first contracts with future tenants are scheduled to be signed.
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News Development pipeline of Trei Real Estate amounts to €1.9 billion
20
Sep
2023

Development pipeline of Trei Real Estate amounts to €1.9 billion

by Property Forum
Trei Real Estate has just presented its mid-year financials for 2023. Despite a difficult market environment for developers, Trei continues its developments of residential real estate in Germany, Poland and the United States as well as of retail real estate in Poland. The development pipeline amounted to a total value of €1.9 billion by 30 June 2022, which represents a drop of c. €100 million since 31 December 2022. The decline is essentially explained by the completion of three retail parks in Poland as well as by the completion and the highly successful sale of the “Atlantic Beach House” residential project in Charleston/South Carolina, whose disposal generated around 35 per cent IRR for Trei. Out of the total development pipeline of €1.9 billion, the residential use class accounts for €1.7 billion while retail developments in Poland account for €200 million.
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News Panattoni completes large BTS near Gliwice
20
Sep
2023

Panattoni completes large BTS near Gliwice

by Property Forum
Panattoni has developed a BTS centre for the Tenneco Group in Gliwice. The European Engineering Centre is to serve the company as a research and development centre for new technologies and Monroe products including conventional drive control systems (Monroe OE Solutions) and advanced suspension systems (Monroe Intelligent Suspension). Around 240 engineers are to work in the new 10,000 sqm centre to support both the leading automotive manufacturers and the other manufacturing centres of the Group.
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News Globalworth sees 5.6% gain in net operating income in H1 2023
19
Sep
2023

Globalworth sees 5.6% gain in net operating income in H1 2023

by Property Forum
Globalworth has recorded a net operating income of €73.7 million in the first half of 2023, up by 5.6% compared to the same period of last year, while the development pipeline includes industrial projects in Romania and the refurbishment of mixed-use projects in Poland. 
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News Partners Group and Peakside secure top plot near Warsaw airport
19
Sep
2023

Partners Group and Peakside secure top plot near Warsaw airport

by Property Forum
Partners Group and Peakside Capital Advisors have completed the purchase of 5 ha plot on Kinetyczna Street in Okęcie, Warsaw. This exceptional last-mile location, situated in close proximity to the Chopin Airport and at the intersection between Warsaw’s Southern Ring Road and the S79 exit road, has been earmarked for a sustainable warehouse development dedicated to urban logistics. The transaction was made by the existing joint venture between both parties.
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Latest news


New leases

  • Empik has joined the tenants of Agora Bytom. The nearly 210 sqm space offers books, magazines, as well as accessories and toys for children. The contract has been signed for five years.
  • Galeria Jurajska in Częstochowa is strengthening its offer in the sports segment. Salewa, which operates in the mountaineering equipment market, has made its debut in the shopping centre. The brand has leased 146 sqm of the retail space.
  • A new iSpot Apple Premium Reseller store has opened in Galeria MM in Poznań. This is the fourth iSpot location in this cty. The sales floor of the newest store is approximately 100 sqm.

New appointments

  • In September, Michal Berski took up the position of head of the warehouse sector at CBRE Poland. He has been with the company for over 10 years. In his new role, he manages strategy and the development of all business lines within the warehouse and industrial sector.
  • Slawomir Czarnecki is the new president of Grupa Muszkieterów and ITM Poland. He has replaced David de Bosschère. The new CEO is the owner of the Bricomarché shop in Świecie and has many years of experience in trade, as well as in the Group's internal structures.
  • LCP Properties, a developer in the Polish retail park market, is continuing to strengthen its organisational structure. Andrzej Plit has been appointed as the new Finance Director. Meanwhile, for the LCP-owned EMKA shopping centre in Koszalin, Daria Kokowska became the new Shopping Center Director.

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