Biuro Inwestycji Kapitałowych has started the second stage of construction of the logistics park BIK Park Wrocław. The speculative investment will provide 22,500 sqm of modern warehouse space. The area of ​​the entire complex will eventually reach the target size of 47,500 sqm. Completion of construction works is planned for the third quarter of 2022.

Accolade secured the plot to launch its new project. The new industrial park has a planned area of 76,000 sqm and an investment value of over €60 million. It will be located on the Polish western border, along the S3 road and right next to the A2 highway junction.

Commercial real estate market in Poland has come a long way since the spring of 2020. Never before have so many changes been made in such a short time. Adaptation to new conditions turned out to be the most difficult for hotels and retail. For the warehouse market, in turn, the reshuffling of sales and deliveries became a springboard for a series of records. The offices returned in a new form. Nowadays, the new trends that will shape the market in the upcoming years, lead the way for the real estate sector. Experts from Walter Herz consulting company comment on what is changing.

Garbe Institutional Capital has launched a pan-European residential real estate fund with a total target investment volume (GAV) of around €800 million. The Garbe European Residential Fund (Garbe EUResi) invests in real estate developments and selectively also in properties undergoing energy rehabilitation. The investment strategy follows a "boots on the ground" approach: the fund only invests in locations where Garbe can act as a local investor through a local presence. The fund’s launch is a milestone in Garbe Institutional Capital’s move to expand into a European residential real estate platform. Garbe EUResi has already received equity commitments of €82.5 million.

MVGM has been appointed by Hansainvest Real Assets to manage 44,000 sqm of space in two logistics centres: Panattoni Park City Logistics II Wrocław and Panattoni Park Poznań X.

Ukrainian real estate investment fund Focus Estate Fund has acquired the Turawa Park shopping center in Opole, Poland from international investment management group abrdn for an undisclosed sum. Turawa Park with a total area of 35,138 sqm is the fourth asset of the Fund’s portfolio in Poland.

ČS NEMOVITOSTNÍ FOND, managed by REICO investiční společnost České spořitelny, a.s., is expanding its portfolio with the addition of the second phase of the Panattoni Park Tychy located between the Polish cities of Tychy and Bieruň, Poland. The total number of properties in the fund’s portfolio thus increased to 20, with the share of industrial properties in the fund’s portfolio reaching approximately 14%.

CBRE Investment Management and Hillwood Investment Properties announced a definitive agreement whereby entities affiliated with CBRE Investment Management will acquire a 57-asset, 2.6 million sqm portfolio of state-of-the-art logistics properties in the United States and Europe valued at approximately $4.9 billion from Hillwood.

Echo Investment is launching a new bond series for individual investors. The developer will issue the securities for a total of PLN 50 million.

Skanska has sold two office projects in Poland to Stena Real Estate BV, an international property company that is part of the privately owned Swedish Stena Group. The first phase of the Centrum Południe complex in Wroclaw, consisting of two joint office buildings, and the last building of the High5ive complex in Krakow, comprises 39,400 sqm of office space. The projects are designed and built in line with ESG principles. It is the second transaction between the two parties in CEE since the second building from the Spark office complex in Warsaw was acquired in 2020.