PINK has published figures on the office market in Warsaw for Q3 2021. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers, Cresa, Cushman&Wakefield, JLL, Knight Frank, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.

Michał Kwinta, who has been with Mindspace since the inception of its Polish branch, has been promoted to City Lead Poland. In his new role he will be responsible for implementing Mindspace’s global strategy in Poland and for continuing the development of Mindspace’s network in Warsaw.

Atrium European Real Estate Limited, an owner and operator of shopping centres and residential for rent properties in Central Europe, announces that it has signed its first two residential transactions, totalling around 650 residential units, located in Warsaw and Kraków in Poland, for €53 million in aggregate. Atrium will invest further into the properties in order to achieve the highest sustainability standards and a BREEAM certification.

ITM Baza Poznańska, a Musketeers Group company that specializes in warehousing of products sold through the Group’s Intermarché and Bricomarché stores, has leased 13,000 sqm of warehouse space in Panattoni Park Sosnowiec I. The tenant was represented during lease negotiations by Cresa Poland.

Michał Melaniuk, Head of Residential Development Poland at Cordia and President of the Board at Polnord SA shared with Property Forum his insights on the current situation in the residential markets of Poland and Hungary.

The European distributor and importer of spare parts for passenger cars will join as a tenant at MLP Poznań West, leasing a facility with an increased height of 11.5 metres. The facility, planned to be delivered in the third quarter of 2022, will meet the requirements for BREEAM certification.

CBRE Investment Management, on behalf of one of its Pan-European funds, has completed the off-market acquisition of a fully-let portfolio of logistics assets in Poland, from 7R SA. Comprising a total of 44,844 sqm, the portfolio consists of 7R Park Poznań East and 7R Park Sosnowiec.

GARBE Industrial Real Estate announces new appointments to bolster expansion plans for Poland. Karolina Ballard and Maciej Kuklewicz will spearhead the operations of the company's newly established Warsaw branch office.

Due to the expansion of 7R's development business, the company's board has appointed Bartlomiej Krawiecki as Vice-Chairman of the Management Board and Chief Operating Officer (COO). In his new role, effective from September 2021, Bartłomiej Krawiecki is responsible for implementing 7R's development strategy in Poland and foreign markets. Łukasz Jachna also joins the company's management board, and from October this year, will be Chief Capital Markets Officer.

The expansion of Galeria EMKA in Koszalin has started - it will be a new retail park, which will be connected to the existing facility. The new phase will have 9 tenants with an area of approx. 10,000 sqm. The LCP has just signed a contract for the general contracting of the EMKA Retail Park project and the main contractor will be MIRBUD S.A. The planned commencement of works will start in the upcoming week. Currently, the area is being prepared for the first stage of works, which will be the adaptation of the existing infrastructure, and then earthworks will begin, which will take another 2 months.