ARTICLES LABELLED WITH TAG Poland

Futureal has announced the acquisition of the Lipowy Office Park complex in Warsaw. In alignment with its strategy, the company plans to reposition the development by transforming it into a sustainable, human-centric, and modern office building. Linklaters has advised the seller on the transaction.

LCP Properties has completed the first phase of its ESG strategy aimed at making electric car charging stations widely available on its properties. Thanks to the signed agreement with Pure City, a total of 80 such devices will be installed directly at M Parks. The first of these will be set up at the M Parks currently under construction in Reda, Iława and Łochów. 

Mitiska REIM has announced the expansion of its joint venture partnership with Karuzela Holding with the opening of a new food-anchored retail park in the Polish city of Biała Podlaska.

CTP has leased 15,000 sqm of warehouse space to Polish logistics operator TAS Logistyka at CTPark Warsaw South. The company will launch activities for a client from the electronics and household appliances sector there.The new warehouse space will be used for the storage of household goods, as well as in-plant logistics and co-packing services. 

Panattoni is to deliver 44,000 sqm to the Raben Group – one of the largest logistics operators in Poland. The City Logistics Poznań III park, which is to be the largest development in this sector, will be built on the outskirts of the city on ul. Obodrzycka.

The Turawa Park shopping centre near Opole, Poland has received a building permit to proceed with the expansion. The upcoming stage of this project will incorporate an extra 10,000 square meters, expanding the total retail area of the shopping centre to 36,000 square meters.

Office availability in the Warsaw office market is shrinking, with the vacancy rate for the whole city down to 10.6% and to just over 9% in the centre, says Savills. Tenants are, however, likely to enjoy a wider choice of options once more office projects are restarted. This process is already slowly getting underway, as is clear from the growing development pipeline.

7R started the construction of 7R Park Tczew III. The first tenant is ESA logistika Polska, a leading logistics operator, which will occupy more than 31,000 sqm.

Octava has sold the Obrzeżna Center office building in Warsaw to a Polish investor. The price has not been disclosed. Avison Young and Savills jointly represented the seller.

Swobodna SPOT is a new project by Echo Investment at 60 Swobodna Street in Wrocław. There will be a total of 41,600 sqm of leasable space in the project located in the city's business centre. Two office buildings and a green urban walkway connecting them were designed by architects from Kuryłowicz & Associates.