ARTICLES LABELLED WITH TAG Poland

Real estate advisory firm Savills has been appointed as sole letting agent for office space in the Grunwaldzki Center in Wrocław.

Another building of the Nowy Rynek complex in Poznan, developed by Skanska, has received its occupancy permit. Phase D provides approx. 39,000 sqm of office space and will be the first investment in the region to apply for the WELL Core&Shell certificate. It is also the only place in Poznan with a pavement made of green concrete that cleans the air.

GLP closed the acquisition of Goodman Group’s CEE portfolio less than a year ago. With the integration complete, the company is developing a number of large-scale projects. Błażej Ciesielczak, the CEO of GLP Central and Eastern Europe talked to Property Forum about the growth of the logistics market and shared the company’s expansion strategy for the region.

Panattoni is opening the doors for a global provider of the technologically advanced orthodontic devices and dental prosthetics to the market of the EMEA region. The developer is now building the company’s first European production centre. The project to be built in Wrocław comprises an area of around 40,000 sqm and is scheduled to open in January 2022. As a result, up to 2,500 people will find employment. The factory is to be built following the principles of sustainable development and is to be certified under LEED for a rating of 'Gold'.

Radosław T. Krochta, CEO & President of the Management Board of Polish industrial/logistics developer MLP Group S.A., is answering questions about the group’s expansion on the German market, changing requirements of warehouse space tenants and the long-term impact of the pandemic on the sector.

Murapol has restructured its existing debt and obtained a new loan from mBank and Bank Pekao in the amount of PLN 350 million. The developer is implementing a plan to rationalize the financing structure and to support the sustainable development of nationwide operations.

Ingka Group has just opened another IKEA store in Szczecin, with an area of almost 30,000 sqm. The company claims that it will be the last store of that size in Poland. 

Representatives of the global hotel industry have found themselves in a very difficult situation due to government restrictions that significantly limited the possibility of doing business. Justyna Kijewska, Associate, Senior Portfolio Manager at Cushman & Wakefield, talks about the current health of the hotel sector and predictions of hotel owners.

Modern mixed-use complexes, open to social interactions and meeting local needs, which today are winning over traditional office buildings, set the direction for the development of investments in the commercial sector 

The Polish office market was booming until the pandemic struck. 2020 brought many changes and a downturn in developer and tenant activity. How is the market doing in the new environment it found itself in over a year ago? Real estate advisory firm Cresa has analysed the current levels of pre-lets and the office development pipeline in Poland.