ARTICLES LABELLED WITH TAG Poland

Panattoni announces a partnership with Merity fund, an investment entity specializing in premium logistics properties. Together, they will extend Panattoni Park Warsaw North III by 53,000 sqm.

A new premium residential project is to be built Gdańsk, thanks to a joint venture between BPI Real Estate Poland and Speedwell. The site was secured earlier by BPI.

Sarantis Polska, cosmetics and household goods manufacturer and distributor, is moving to a new facility within the MLP Pruszków Iogistics complex near Warsaw. At the same time, it will expand its current space by 35%, reaching over 24,000 square meters.

CA Immo has successfully completed the sale of the Bitwy Warszawskiej office building in Warsaw. The buyer is Polski Związek Pilki Nożnej (Polish Footbal Association). 

The Ghelamco-owned VIBE office building, located in the center of Warsaw, has received DGNB New Buildings International 2020 Gold certificate. This is the first office building in Poland to have such certification.

Poland’s industrial and logistics real estate sector remains stable, continuing to be one of the key segments of the commercial property market both nationally and across Europe. In 2024, the volume of investment transactions involving warehouse assets totalled €1.26 billion, while take-up remained at 5.8 million sqm (+4% y-o-y). Although developer activity decreased by 30%, new supply (2.6 million sqm) returned to pre-pandemic levels, with 1.8 million sqm still under construction. The sector has shown stability regarding vacancy rates (7.5%) and rental levels, which have remained consistent with the previous year, says Axi Immo in its latest report.

LCP Properties is strengthening its collaboration with Refield. This partnership was confirmed with the announcement of the project's acquisition in Zwoleń (eastern Poland) on the day of its official opening. The sale agreement was based on a model in which Refield was responsible for both the construction and commercialization of the property. Pasaż Zwoleński, now officially opened as M Park Zwoleń, offers nearly 5,000 sqm of GLA with eight tenants. The project boasts a 100% occupancy rate. The value of the transaction has not been disclosed. 

Fabryka Mebli Akord is relocating its main warehouse to the modern logistics center MLP Teresin (central Poland). The decision to choose this location was driven, among other factors, by the possibility of high storage, which will enable the optimization of logistics processes and further development. Fabryka Mebli Akord will gain full access to the facility at the beginning of September this year. The tenant was represented in the transaction by AXI IMMO.

At the end of 2024, Jakub Leszczyński, was appointed to the role of Transaction Director at Accolade. In his new position, Jakub is responsible for the comprehensive management of transactional processes, including project financing and refinancing, the selection and structuring of development processes, and the acquisition of warehouse projects. One of his significant achievements since assuming this role has been executing one of the largest green refinancing deals in Poland, valued at €180 million.

GTC has announced financing extension for Galeria Jurajska shopping centre in Częstochowa (southern Poland). The amended credit agreement extends the loan maturity by 5 years, with a remaining balance of €100.65 million. The financing is provided by Erste Group Bank AG and Raiffeisenlandesbank Niederösterreich-Wien AG.