ARTICLES LABELLED WITH TAG Poland

News Orbis to sell two Polish hotels
20
Feb
2017

Orbis to sell two Polish hotels

by Ákos Budai
Orbis has concluded a preliminary agreement for the sale of two Polish hotels, Mercure Jelenia Góra and Mercure Karpacz Resort for a total net price of app. €6.1 million (PLN26.5 million) to an individual investor.
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News CTP breaks ground on first Polish CTPark
20
Feb
2017

CTP breaks ground on first Polish CTPark

by Ákos Budai
CTP broke ground on its first Polish development in the city of Opole. Initially a 13,000 sqm facility will be built for a long-term client, International Automotive Components.  With additional land available, the park has a planned built-up area of nearly 71,000 sqm.
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News Strong year ahead for Poland’s industrial market
14
Feb
2017

Strong year ahead for Poland’s industrial market

by Ákos Budai
Poland’s total industrial and logistics stock surpassed the 11 million sqm mark at year-end 2016. Leasing activity remained strong for another consecutive year, leading to record high take-up, with more than 3 million sqm being transacted. The largest leasing volumes were recorded in Warsaw’s suburbs and Upper Silesia, and – of the smaller markets – in Szczecin and Bydgoszcz-Toruń. Cushman & Wakefield presented is yearly review on Poland’s industrial market.
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News CBRE GI sells office portfolio in Warsaw
14
Feb
2017

CBRE GI sells office portfolio in Warsaw

by Ákos Budai
CBRE Global Investors, on behalf of the Property Fund Central Eastern Europe (PFCEE), has sold two office building in Warsaw, Poland, Trinity Office Park and Prosta Office Centre.
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News South African investors dominated the Polish market in 2016
09
Feb
2017

South African investors dominated the Polish market in 2016

by Ákos Budai
2016 was a record-breaking year for the Polish investment market and had the best investment performance since the financial crisis in 2009. With over €4.5 billion transacted in 2016, Poland remains the stand out performer across the CEE region, CBRE reports in its latest in research. 
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News Retailers continue to expand in Poland
09
Feb
2017

Retailers continue to expand in Poland

by Ákos Budai
Poland’s total retail stock stood at nearly 14 million sqm at year-end 2016. Shopping centres continue to dominate the market, accounting for 73% of the country’s stock, followed by retail warehouses (18%), retail parks (8%) and outlet centres (1%). Last year’s new supply totalled 460,600 sqm, of which more than three-fourths were delivered across shopping centres. Twenty two new retail schemes were opened in 2016: 15 shopping centres, the largest being Posnania in Poznań (99,000 sqm) and Galeria Metropolia in Gdańsk (34,000 sqm), two retail parks and five standalone retail warehouses. Extensions and redevelopments of 13 existing schemes provided 74,000 sqm of leasable space, making up 16% of the total annual supply. Cushman & Wakefield presented its latest report on Poland’s retail market.
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News Plaza Centers completes sale of Suwałki Plaza
03
Feb
2017

Plaza Centers completes sale of Suwałki Plaza

by Ákos Budai
One of the subsidiaries of Plaza Centers has completed the sale of Suwałki Plaza shopping and entertainment centre in Poland to an investment fund for €42.3 million, which is in line with the last reported book value, the company reports.
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News Polish regional office markets on the rise
03
Feb
2017

Polish regional office markets on the rise

by Ákos Budai
In 2016, total office stock in Poland’s eight key regional cities (Krakow, Wrocław, Tricity, Katowice, Poznań, Łódź, Szczecin and Lublin) rose to nearly 4 million sqm. Krakow, Wrocław and Tricity remain the largest regional office hubs. Office take-up hit nearly 590,000 sqm, which represented a 50% rise on the average for the years 2011–2015. Cushman & Wakefield presented an overview of the Polish regional office market for 2016 in its latest report.
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News EPP buys 4 Polish malls from Blackstone
02
Feb
2017

EPP buys 4 Polish malls from Blackstone

by Ákos Budai
Echo Polska Properties (EPP) has concluded a preliminary acquisition agreement with two real estate funds managed by Blackstone, to acquire 4 retail properties for €166.57 million. The properties are Galeria Twierdza in Klodzko (€40.67m), Galeria Twierdza in Zamosc (€53.51m), Galeria Tecza in Kalisz (€23.21m) and Wzorcownia Shopping Centre in Wloclawek (€49.17m). 
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News Savills to manage two Wroclaw properties
01
Feb
2017

Savills to manage two Wroclaw properties

by Ákos Budai
Savills has been appointed by Echo Investment to manage an 16,000 sqm office building, Nobilis Business House in Wrocław. The company has also been appointed to manage the 16-storey, mixed-use Wratislavia Tower on behalf of Cinema Tower Sp. z o.o. The 20,000 sqm property officially joined Savills portfolio in December 2016.
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Latest news


New leases

  • A new iSpot Apple Premium Reseller store has opened in Galeria MM in Poznań. This is the fourth iSpot location in this cty. The sales floor of the newest store is approximately 100 sqm.
  • The British brand Sports Direct has joined the tenants of Galeria Mazovia in Płock, while the Pandora brand store and the Crazy Bubble outlet have also reopened.
  • A Dealz shop has opened in Galeria Solna in Inowrocław. The store, with a refreshed visual concept, took up an area of over 500 sqm.

New appointments

  • In September, Michal Berski took up the position of head of the warehouse sector at CBRE Poland. He has been with the company for over 10 years. In his new role, he manages strategy and the development of all business lines within the warehouse and industrial sector.
  • Slawomir Czarnecki is the new president of Grupa Muszkieterów and ITM Poland. He has replaced David de Bosschère. The new CEO is the owner of the Bricomarché shop in Świecie and has many years of experience in trade, as well as in the Group's internal structures.
  • LCP Properties, a developer in the Polish retail park market, is continuing to strengthen its organisational structure. Andrzej Plit has been appointed as the new Finance Director. Meanwhile, for the LCP-owned EMKA shopping centre in Koszalin, Daria Kokowska became the new Shopping Center Director.

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