ARTICLES LABELLED WITH TAG Poland

After declines in Polish non-residential construction in 2020 and 2021, PAB-PCR&F Institute, the Polish member of Euroconstruct, forecasts a growth of over 3% annually in 2022-2024.

Garbe Industrial Real Estate GmbH raised approximately €400 million in equity among German and international investors for its investment fund, “Garbe Logistics Real Estate Fund Plus III” (GLIF+III). The Luxembourg special AIF (SICAV-RAIF) without maturity is an Article-8 fund with a manage-to-ESG strategy. With a planned investment volume of €5 billion, it is Garbe’s largest pan-European fund for institutional investors to date.

Savills has been appointed as sole letting agent for office space in CUBE Office Park in Gdańsk and Górki 7 in Poznań, both managed by TFG Asset Management.

Małgorzata Cieślak-Belgy, Chief Investment Officer at MNK Partners talked to Property Forum about the current attractiveness of Polish the property market among investors and the growing popularity of ESG-compliant buildings.

SEGRO has leased 10,500 sqm space to Vilmorin Garden in a new facility in SEGRO Logistics Park Poznań, Komorniki, commissioned in 2021. 

Cordia has begun its latest large scale urban regeneration project, the revitalization of the site of the former Modena garment factory in Poznań, Poland. 

Trei Real Estate Poland has launched its first investment in Poland in the private rented sector. The property located at ul. Piątkowska in Poznań is to be ready in 2025. The developer plans to build 450 apartments, which will be available in the institutional lease formula.

Anna Dafna has been appointed Chief Financial Officer of Atrium European Real Estate. She will replace Ryan Lee, who was promoted to the position of CEO.

Peakside Capital Advisors has completed the disposal of the 240,000 sqm portfolio of a CEE value-add real estate investment venture. Sales proceeds totalled over €160 million, generating an IRR of 20% and an equity multiple of over 1.7x for Peakside investors.

German online fashion distributor BestSecret will take up almost 90,000 sqm in Panattoni Park Sulechów III with the option to further expand by another 42,000 sqm. The development will be handed over in stages between January and June 2023.