Demand in the Tri-City continued apace. 73,800 sqm had been leased in the area in H1 2017. The vacancy rate currently stands at 7.8%. JLL summarised H1 2017 on the office market in the Tri-City.

Galeria Północna, GTC’s latest retail development in the Polish capital has officially opened. The mall has a total leasable area of 64,800 sqm and is LEED Gold pre-certified.

Increasing political risk on a global level has helped investors look past country risks associated with CEE markets and focus on strong fundamentals coupled with solid economic growth. Jeff Alson, Partner and Head of CEE Investment Team at Cushman & Wakefield talked to Property Forum about his expectations for the investment market.

Panattoni Europe announced the sale of Panattoni Park Warszawa–Konotopa to MEP Industrial Centre Warsaw, owned by M&G European Property Holding Company. The multi-tenant logistics centre comprises two buildings totalling close to 50,000 sqm and is fully leased. After the sales transaction is completed, Panattoni Europe will stay on as the facility manager.

By the end of H2 2017 space under construction by Echo Investment increased to over 1 million sqm, from 677,000 sqm at the end of 2016. According to its latest financial report, the company is moving forward with a number of residential, office and retail developments.

Tenant demand for modern logistics and manufacturing space in Poland is growing at a rapid pace. In H1 2017, warehouse supply totalled 707,000 sqm while take-up hit a record high of 1,786,000 sqm, as revealed in Cushman & Wakefield’s latest report.

In H1 2017, the Wrocław office market recorded demand totalling nearly 92,000 sqm, mostly as a consequence of the high level of activity among tenants from the business services sector. JLL summarised the first half of 2017 on Wrocław's office market.

JSE listed Echo Polska Properties (EPP) released its interim results for the six-month period ended June 2017. During the period EPP successfully concluded €262 million in acquisitions, boosting the portfolio to €1.7 billion.

Knight Frank has been appointed sole agent of the Galeria Ostrowiec shopping mall. Experts from the company’s Retail Agency will diversify the offer of the shopping mall, owned by First Property Group.

The Nowy Świat 2.0 office building in Warsaw has been recognized with an LEED Gold ecological certificate. Experts from JLL supported investor Centrum Bankowo-Finansowe “Nowy Świat” S.A. in obtaining the certificate.