ARTICLES LABELLED WITH TAG Poland

Kajima Europe together with Griffin Real Estate has announced the establishment of a joint venture to finance and develop renewable energy projects located in Poland. As part of the deal, the JV has acquired a 72% stake in PAD-RES, a leading developer in the clean energy asset space in Poland.

MDC², a warehouse and industrial developer operating on the Polish market, has secured a new development which will accommodate a distribution centre located in Central Poland near Łódź. MDC2 Park Łódź South is strategically located in Głuchów, south of Łódź, at the junction of A1 motorway and the National Roads no. 91 and 12. MDC2 Park Łódź South will add 65,000 sqm of modern/environmentally sustainable logistics space which completion is planned for Q3 2022.

Frontier Park Wrocław is a warehouse park, ultimately covering approx. 9,300 sqm of flexible warehouse and production space with adjacent office parts. Twelve Small Business Units with an area of 300 sqm are currently under construction on a 2-hectare plot in Bielany Wrocławskie.

Panattoni has completed a factory in Kalisz for Leviat – a global specialist in innovative solutions for the construction sector. The 40,000-square-metre investment replaces the company’s existing plant in the central Poland city. As a result, it will increase its production capacity and will be able expand its activities.

Atrium plans to demolish three old shopping mallls in Warsaw - Atrium Reduta, Atrium Targówek and King Cross – and build apartments in these locations. City authorities comply, but the change of the spatial plans may take years.

According to Savills, the European retail sector is increasingly looking more attractive to opportunistic investors. In the UK, there was a rise in opportunistic interest in the sector in the last quarter, supported by significant yield correction. In Poland, secondary retail assets are being traded at double-digit yields.

Damian Kołata rejoins Cushman & Wakefield as the leader of the firm’s advisory services on the industrial and logistics market in Poland and as the Head of E-Commerce CEE.

P3 is to develop an 82,500 sqm facility with an additional 27,000 sqm expansion option for furniture e-commerce specialist Westwing in P3 Poznań.

Polski Holding Nieruchomości concluded an agreement with PERN on leasing office space in INTRACO Prime located in Warsaw’s Muranów district. PERN will lease two floors of the 8-storey Class A office building, which is scheduled for commissioning in early 2022.

According to advisory firm AXI IMMO, Poland remains one of the most attractively priced markets in Europe. Three out of five cheapest locations in terms of prime big box rents are in Poland. In addition, three Polish markets make the top 5 list of most attractively priced land markets in Europe.