M7 Real Estate, a pan-European investor and asset manager, has acquired a further five office, light industrial and logistics assets in Poland on behalf of its M7 Polish Active Fund (M7 POLAF) for a total of €65 million in three separate transactions.

In Wrocław, Panattoni Europe has completed phase one of City Logistics Wrocław I, with 36,700 sqm built and fully leased, and as of August works are starting on phase two – to deliver an additional 25,000 sqm. The facility tailored to the needs of tenants seeking small units will be ready in Q1 2020.

Despite the fact that the Polish construction market is projected to grow at a slower pace in the coming years, investment potential remains considerable for most of the regions. The total value of the 960 largest investment projects underway or planned in Poland is estimated at a staggering PLN 420 billion (€100 billion), i.e. nearly twice as much as the annual value of the construction market as a whole, according to the findings of the latest report from research company Spectis, “Construction market in Poland 2019-2025 – an analysis of 16 regions”.

Ethos, a Class A office building located at the heart of Warsaw, has been sold by Kulczyk Silverstein Properties to a Credit Suisse Asset Management real estate fund. Avison Young and CBRE jointly represented the seller throughout the sales process.

Experts from Colliers International have analysed how the group of over half million Warsaw’s employees, who spend half of their day at work, deals with food. The report ‘Eating in office buildings’ provides the analysis of eating habits in Warsaw office buildings and presents trends for today and tomorrow. 

As global travel is becoming more affordable and accessible, hotel accommodation must also change. Hotels and hostels are no longer what they were ten or even five years ago and are adapting to coworking and coliving trends worldwide – they are more lifestyle-oriented, says Bolesław Kołodziejczyk, PhD, Head of Research and Advisory, Cresa Poland.

New hotels are rapidly being built across Warsaw. Twelve new hotels have been opened across the city in the last eighteen months - more than in Berlin. Warsaw is frequented by more and more visitors and it is steadily becoming one of the most important hotel markets in CEE. Does it, however, have the chance to develop as much as the hotel markets in Prague or Budapest?

Neptune, a joint venture between Neinver and Nuveen Real Estate, has acquired Silesia Outlet in Gliwice, Poland, from 6B47 Real Estate Investors for €31.5 million. The new acquisition becomes Neptune’s sixth asset in Poland and the 15th in Europe, including one project under development.

EPP has successfully completed the purchase of four M1 shopping centres, closing tranche 2 of its multi-year M1 transaction. The JSE-listed company is already the largest owner of retail real estate in Poland by GLA and this deal with adding an additional 141,000 sqm of GLA to its portfolio. Tranche 2 consisted of M1 shopping centres in Bytom, Czestochowa, Radom and Poznan. The deal is valued at EUR 224 million.  

Cushman & Wakefield was appointed property manager of Horizon Plaza in Warsaw. In addition, Cushman & Wakefield delivers project commercialization services for the owner of the building. The owner of Horizon Plaza is a real estate fund managed by Union Investment.