ARTICLES LABELLED WITH TAG Poland

2016 saw a total of 585,700 sqm of office space leased on the eight largest regional markets in Poland (Kraków, Wrocław, Tri-City, Katowice, Poznań, Łódź, Szczecin and Lublin). Wrocław accounted for 124,500 sqm of this overall volume. This excellent result meant that Lower Silesia's capital city was second among regional markets, after Kraków, in terms of office demand. JLL summarised 2016 on the office market in Wrocław.

Colliers International and Advisory Group TEST Human Resources have presented their analysis of the industrial market in Poland. The report presents the state of the industrial market in 9 locations: three Warsaw zones, Upper Silesia, Central Poland, Poznań, Wrocław, Tricity, Kraków, Bydgoszcz and Toruń and Szczecin.

Panattoni Europe is to build a logistics centre for BSH Sprzęt Gospodarstwa Domowego Sp. z o.o.  The 79,000 sqm facility will be erected in Łódź, within the framework of BTS BSH, and will have its own railway siding. Construction works are planned to begin in the coming May, and the investment is anticipated to be completed in the spring next year. 

CPI Property Group announced that its subsidiaries have acquired a retail portfolio with the value of approx. €650 million consisting of predominantly 11 shopping centres located in the Czech Republic, Hungary, Poland and Romania with a total leasable area of approximately 265,000 sqm from two funds managed by CBRE Global Investors. The closing of the deal was completed on 29 March, 2017. 

Nearly half a million square meters of modern office space was delivered to the office market in the key Polish regional cities in 2016. The leader’s position was retained by Kraków, Lesser Poland’s capital, followed by, amongst others, Wrocław and the Tri-City. According to the report’s authors at BNP Paribas Real Estate Poland, current pipeline projects will also support the high growth dynamics in 2017.

Cushman & Wakefield has been appointed as sole letting agent for Astrum Business Park, a Warsaw office complex comprising 30,000 sqm of leasable space, by owner IRYDION Sp. z o.o.

Panattoni Europe is to build another facility for DSV Solutions. The 25,000-square-metre logistics centre will be erected in Pęcice, as part of Panattoni Park Janki II. The cornerstone ceremony initiating the project took place on 23 March, and completion of the investment is scheduled for August 2017.

Sky Office Center, located at 31 Rzymowskiego Street in Warsaw, has received the BREEAM In-Use International Certificate for “Building Management” and for “Asset Performance”, owner Hines Poland announced. The facility received the “Excellent” grade in both cases.

Skanska has sold Maraton, an office building located in Poznan, Poland, for €62 million. The property has been acquired by a real estate fund managed by Union Investment. It is the second sales transaction between Skanska and Union Investment in the Polish regional markets. The first sale between the two companies was Dominikanski in Wroclaw. Maraton is Skanska's second office project in Poznan following Malta House.

Echo Investment has sold West Link to Griffin Premium RE, a new platform created by Griffin Real Estate. The companies have just signed preliminary agreements as a result of which Griffin Premium RE will control and ultimately purchase the Wrocław-based office building West Link and invest into Echo Investment’s commercial projects in Warsaw – Beethovena and Browary Warszawskie.