ARTICLES LABELLED WITH TAG Poland

News CBRE Poland launches hotel investment department
05
Dec
2016

CBRE Poland launches hotel investment department

by Ákos Budai
CBRE is the first consultancy in Poland to expand its Hotel Investment Department, thus increasing the number of commercial property market sectors serviced. CBRE has for many years now been operating on the hotel market, where the CBRE Hotels business line has been extremely active in Western Europe. Expanding the business in Poland to include this particular sector constitutes a strategic business decision stemming from the growing interest from investors and hotel chain operators.
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News WP Carey purchases Polish warehouse for €32m
05
Dec
2016

WP Carey purchases Polish warehouse for €32m

by Ákos Budai
CP:17 – Global, a U.S.-based non-traded REIT focused on investing in income-producing commercial properties and real estate-related assets, announced that it has completed the sale-leaseback of a cold-storage facility from Greenyard (formerly Greenyard Foods), one of the world’s largest fruit and vegetable suppliers. The 28,700 sqm (309,759 sq ft) facility is located just outside of Warsaw, Poland and was purchased for approximately €32 million. The proceeds from the 20-year triple-net lease will be used to pay down debt associated with the facility. 
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News Skanska prepares new projects in Warsaw
05
Dec
2016

Skanska prepares new projects in Warsaw

by Ákos Budai
Skanska Property Poland has signed an agreement on the rights of perpetual usufruct, a right granting long-term use of real estate, on the land plot near Rondo ONZ in the business centre of Warsaw. Currently, the Ilmet office building is located on this plot. In addition, the company has bought the Warsaw One project, which was designed by the previous owner. In the transaction process the seller was advised by Knight Frank.
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News Rockcastle finalises acquisition of Polish retail portfolio
05
Dec
2016

Rockcastle finalises acquisition of Polish retail portfolio

by Ákos Budai
Rockcastle Global Real Estate has acquired a retail portfolio totalling 62,000 sqm from Aviva Investors, worth €160 million. Cushman & Wakefield, Hogan Lovells, Arcadis and PwC represented the purchaser, JLL, Dentons and Deloitte advised the seller in the transaction. The portfolio comprises two shopping centres: Focus Mall Zielona Góra and Focus Mall Piotrków Trybunalski. Providing respectively 26,800 sqm and 35,200 sqm, they are the largest shopping galleries in Zielona Góra and Piotrków Trybunalski. 
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News Prologis delivers BTS project in Central Poland
05
Dec
2016

Prologis delivers BTS project in Central Poland

by Ákos Budai
Prologis has completed the construction of a 22,200 square metre build-to-suit (BTS) facility for Arvato Polska leader in terms of complex outsourcing services at Prologis Park Stryków. CBRE facilitated this transaction. It is the second BTS project Prologis has launched this year at the park, and the third in Central Poland.  In the second quarter, Prologis started the construction of a 42,000 square metre facility for Agata at Piotrków Trybunalski and an 11,740 square metre BTS for German logistics operator Geis.
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News Lease renewal at Hillwood Wroclaw I
30
Nov
2016

Lease renewal at Hillwood Wroclaw I

by Ákos Budai
Danfoss Power Solutions, a manufacturer and provider of hydraulics solutions, has renewed its lease for more than 20,000 sqm of industrial, office and social space at Hillwood Wrocław I. The tenant was represented in the negotiations by Cushman & Wakefield.
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News VIA Outlets acquires Wroclaw property
30
Nov
2016

VIA Outlets acquires Wroclaw property

by Ákos Budai
Hammerson plc and its partners in VIA Outlets, APG, Meyer Bergman and Value Retail, have signed an agreement to acquire, subject to regulatory clearance, four outlet centres across Europe. The retail venues, located close to major cities in Germany, Portugal, Spain and Poland, represent total gross asset value of €587 million and a blended net initial yield of 5.5%.  The transaction takes the total size of the VIA Outlets portfolio to €1.1 billion across 10 assets.
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News Prologis expands in Wroclaw
29
Nov
2016

Prologis expands in Wroclaw

by Ákos Budai
Prologis has begun construction of a speculative facility totalling 11,400 square metres at Prologis Park Wrocław V. Scheduled for completion in the second quarter of 2017, the building is already 100-percent pre-leased, just one month after the start of construction.
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News Katowice’s Silesia Star secures new tenant
29
Nov
2016

Katowice’s Silesia Star secures new tenant

by Ákos Budai
Mentor Graphics Corporation, a manufacturer of design software and electronic equipment, has signed a lease agreement on 4 417 sqm in building B of Silesia Star in Katowice. The client was represented by Cushman & Wakefield in lease negotiations and the coordination and supervision of fit-out works in the new office.
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News Warsaw’s West Station I secures new tenant
24
Nov
2016

Warsaw’s West Station I secures new tenant

by Ákos Budai
Panalpina Polska, an air and sea freight company, leased a 630 sqm office in the West Station I building. A team of BNP Paribas Real Estate Poland experts advised the tenant during the negotiation process with HB Reavis. Panalpina Polska will be moving in the first quarter of 2017 and taking up space on the 12th floor of the building.
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Latest news


New leases

  • LPP is expanding its presence in Romania with the opening of four new stores in Iulius Mall Suceava. Reserved, Mohito, Cropp, and House stores will occupy a combined 3,100 sqm and are slated to open in H1 2025, as part of an expansion project implemented by Iulius.
  • Romanian delivery firm FAN Courier has leased 4,800 sqm in the ELI Park Bacău logistics project, developed by local group ELI Parks.
  • ARM Hungary has leased the entire 9th and 10th floors of Millennium Gardens in Budapest. iO Partners represented ARM Hungary in the transaction.

New appointments

  • Maciej Müldner has been appointed as the new Chief Financial Officer (CFO) of MLP Group. An experienced executive, he has spent nearly 20 years contributing to the development of the Skanska Group in Central Europe.
  • Panattoni Income Fund has appointed Olaf Bruns as Managing Director Business Development DACH. Earlier this year, the fund’s team was also strengthened by Piotr Boruc, who took on the role of Head of Finance and Reporting.
  • CBRE has named Hristo Karakostov as Head of Advisory & Transactions Office Services Department for Bulgaria, within its Southeast Europe (SEE) office. He succeeds Monika Gajewska, who will continue to lead the Occupier Business Development efforts for the SEE.

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