Warehouse developer LCube has completed the commercialisation of the first stage of Logistic Park Rzeszów, based at Rzeszów Jasionka International Airport. REN Group, Poland’s major food products distributor for the last 25 years, has recently been joined by Cocolita, an online cosmetics and beauty shop. The commercialisation of the facility, whose surface area totals 5.7 thousand square metres, was completed before the official project acceptance of the investment, scheduled for December.

Apollo-Rida, the owner and property manager of Equal Business Park in Krakow, has appointed real estate advisory firm Savills as the sole leasing agent for office space in the complex.

Flexible office stock in Poland has increased six-fold since 2015. This diversified market perfectly meets the expectations of numerous sectors, small businesses, and corporations. As the expansion of flex operators slows, fewer and fewer offices remain available to tenants both in Warsaw and on major regional markets.

The Polish warehouse market continues to power ahead, reveals the latest report from real estate advisory firm Savills. The development pipeline is historically high and take-up activity is on track for another record year. Leased buildings are being targeted by investors from all over the world. After the first three quarters, the logistics sector accounts for close to half of the total investment volume in Poland.

Swedish investor Niam has sold the Axis and Kapelanka 42A office buildings in Kraków to Corum. The value of the transaction remains undisclosed.

Valeo Siemens eAutomotive, a supplier of motors and other technologies for electric and hybrid vehicles, has opened a factory in the 7R Park Beskid II logistics park in Czechowice-Dziedzice, Poland. The facility, with office and laboratory space, occupies about 33,000 sqm.

Globalworth has announced a raft of changes in the board and appointed several non-executive directors with immediate effect.

Dorota Wysokińska-Kuzdra, Senior Partner, Head of Corporate Finance and Living Services for Central and Eastern Europe at Colliers talked to Property Forum about the rapid development of the PRS market and the current state of affairs on the residential market in Poland.

Chariot Group, an investment platform managed by Griffin Real Estate on behalf of an investment consortium, has sold the M1 Marki shopping centre to Redefine Europe – a wholly-owned subsidiary of Redefine Properties Limited, a Real Estate Investment Trust (REIT) listed on the Johannesburg Stock Exchange. The value of the deal remains undisclosed. 

Generation Park Y, developed by Skanska in Warsaw’s Wola district, has been awarded the LEED Core & Shell certificate at the Platinum level - an international system of building assessment for energy savings and reduction of water consumption. Consequently, it has an impact on reducing carbon dioxide emissions.