ARTICLES LABELLED WITH TAG Poland

Hilton today announced that following a franchise agreement with Grupa Hotele Polskie, two new properties will open in Northern Poland under the Spark by Hilton brand – a country debut for Hilton’s premium economy conversion brand. Spark by Hilton Pobierowo and Spark by Hilton Krynica Morska will open within the next six months, joining Hilton’s 30 trading hotels across Poland. The new properties together create an additional 226 rooms.

BIG Poland’s portfolio is expanding with two new investments: Park Kujawia in Włocławek and Atut in Myszków. The total value of both transactions exceeds €56 million. With these additions, the BIG brand now owns 7 retail parks in Poland, located in Łubna near Warsaw, Lubin, Andrychów, Gorzów Wielkopolski, and Ostróda. Including 3 development projects currently underway, BIG Poland’s portfolio now comprises 10 locations.

Panattoni is to build a new industrial park in the Mazovia region. The development of Panattoni Park Sochaczew with an area of almost 28,000 sqm will commence in the first quarter of 2025 with the first tenant – Pilkington Automotive Poland – to move in by November of the same year.

Segro has renewed an agreement with a key organization in the stainless steel and aluminium distribution industry. Investa will continue to operate on almost 30,000 sq m at SEGRO Logistics Park Stryków.

Poland’s commercial real estate market is showing strong signs of stabilisation. According to the latest report by BNP Paribas Real Estate Poland, the total investment transaction volume for January to September 2024 exceeded €2.68 billion, marking a year-on-year increase of nearly 57%, with office assets being the top-performing sector.

According to the latest report by Newmark Polska, nearly 2 million sqm of warehouse and industrial space was under construction across Poland in the third quarter of 2024. This, coupled with relatively stable leasing activity, pushed the overall vacancy rate down to 8.0% by the end of September (quarter-on-quarter). This rate is expected to continue its downward trend throughout 2025. Occupier demand remains firmly focused on energy-efficient, sustainable and high-tech warehouses.

Logistics investor Prologis has secured a €225 million framework loan from the European Investment Bank (EIB) to add photovoltaic systems and storage facilities to its projects across Central and Western Europe. 

The total volume of investments from six CEE countries reached €5 billion in the first three quarters of 2024, and next year the regional real estate investment market could exceed €10 billion, according to a Colliers report.

GLP has begun construction of its second logistics centre in Lędziny, in southern Poland. The building will ultimately offer 40,000 sqm of space, 10,500 sqm of which has already been leased to D&H Engineering, a company specialising in metal component processing using CNC machines and serving global customers in the automotive, off-road, hydraulic, and engineering sectors.

P3 Logistic Parks has constructed a facility in P3 Warsaw I Park for Rohlig SUUS Logistics – Poland's largest logistics operator.