ARTICLES LABELLED WITH TAG Poland

In Q3 2024, the Polish retail market expanded by another 116,000 sqm. With average retail vacancy rates in the largest Polish cities falling and tenants posting rising turnover levels, predictions of the imminent decline of shopping centres in Poland have proven premature, says BNP Paribas Real Estate Poland in its latest report.

INVESTIKA real estate fund has announced exceeding the threshold of CZK 20 billion (€790 million) in the volume of funds from Czech and Slovak investors. 

Panattoni has been granted a €75 mln loan by Citibank (London Branch). The funds are to finance Panattoni Park Sulechów III.

Nhood Services Romania has been selected to support the international expansion of the Romanian restaurant chain Spartan.

The latest Savills report highlights Poland as an emerging logistics powerhouse, particularly considering recent geopolitical and economic changes. With its strategic location and rapidly expanding infrastructure, Poland is becoming a logistics and production hub for markets in Western Europe and Scandinavia, attracting investors and global corporations that are diversifying risk and shifting operations from Asia to Europe.

CEE is one of the most promising locations for e-commerce, according to the latest report from Cushman & Wakefield. In addition, data from Cushman & Wakefield shows that Poland accounts for over half of the turnover reported in the CEE region. The growth outlook for the Polish e-commerce sector is even more positive, as logistics costs in Poland - which are strategically important for e-commerce - are 18% lower than in the Czech Republic and 50% lower than in Germany.

Panattoni has been awarded a green loan from Berlin Hyp AG worth €74.34 million. The financing is for a logistics centre in Bydgoszcz.

CTP has announced its sixth manufacturing and logistics investment in the Warsaw region, CTPark Warsaw Nowy Konik. This new industrial and logistics park will include four warehouses with a total area of over 76,300 sqm, and construction is scheduled to start in the first quarter of 2025.

P3 Logistic Parks and Orlen have signed a lease agreement for nearly 24,000 sqm of warehouse space at P3 Piotrków Park, in Poland.

Panattoni has completed a BTS development for an international client. A new factory was built in Świdnik for Trilux, the producer of professional lighting from Germany. The 23,000 sqm plant is the company’s first manufacturing facility in Poland.