ARTICLES LABELLED WITH TAG Poland

Panattoni has launched construction work on Panattoni Park Poznań XIV in Głuchów, a new logistics hub in the Wielkopolska region. Gasa Group and Markat Plus are confirmed as the park's first tenants, with construction set for completion in February 2025.

7R Park Lublin East I, a 111,000 sqm logistics park, is now fully leased. The final and key tenant is Stock Polska, one of Poland's largest alcoholic beverage producers, which plans to move into the new location in the second half of 2025. The company has leased 57,000 sqm of warehouse space.

GARBE has been on the markets in Central and Eastern Europe for 4 years. Now the company has announced the full occupancy of all its industrial parks in the region. 

Following the approval of the local zoning plan in September 2024, Nowy Wełnowiec is entering the implementation phase. The 30-hectare revitalised site formerly occupied by the Silesia Metallurgical Plant in Katowice will become home to a mixed-use district with predominantly residential functions. Nearly a third of the area will be dedicated to open green spaces. The Capital Park Group is responsible for the implementation and management of the project. The architectural concept comes from the JEMS Architekci studio. The investor has received permission to modernise the former compressor house building since the beginning of the 20th century.

Leasing activity on the Warsaw office market continues unabated despite low new supply levels, pushing the vacancy rate down to 10.7% Meanwhile, pre-lets are on the rise, indicating growing occupier interest in office buildings under construction, reveals the latest quarterly report from BNP Paribas Real Estate Poland.

Panattoni will begin construction of a new park in the Silesian Voivodeship in December – Panattoni Park Sosnowiec V. The project will ultimately include two buildings with a total area of over 52,000 sqm. The first tenant is Hebe, for whom a build-to-suit distribution centre will be developed as part of the facility. 

After nine months of this year, the Echo Investment Group has strengthened its position in key sectors of the Polish real estate market. It has also entered the private student housing segment, starting the construction of two projects. The total value of the Group's assets at the end of September amounted to PLN 6.6 billion (ca. €1.5 billion), while cash reserves exceeded PLN 469 million (ca. €107.5 million). In November, Echo signed a conditional sale agreement for the React office building in Łódź.

With a total loan amount of €168 million Helaba and Erste Group are financing the acquisition of the prime office tower Warsaw UNIT for the Swedish real estate company Eastnine AB. The loan term is for five years and Helaba is acting as co-arranger and agent for the transaction.

Panattoni and E.G.O., one of the suppliers of components for domestic appliance manufacturers, are starting the construction of a new production facility in Łódź. The investment is valued at over PLN 100 million (ca. €23 million).

Echo Investment has signed a conditional sale agreement for React, the office building located at 24 Piłsudskiego in Łódź. Upon completion of the deal, React will be acquired by Summus Capital, an Estonian-based investment company. The transaction is valued at €32.5 million.