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News - Panattoni gives second life to used wind turbines
18
Jan
2023

Panattoni gives second life to used wind turbines

by Property Forum
Panattoni is supporting the upcycling of the machinery used to generate green energy. In 15 of the developer’s locations, environmentally-friendly outdoor furniture can be found, made from former wind turbines. In 2023, similar furniture is to appear in another 100 locations.
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News - Panattoni completes  BTS for The Vita Group in Western Poland
17
Jan
2023

Panattoni completes BTS for The Vita Group in Western Poland

by Property Forum
Panattoni has finalised another built-to-suit development in the Lubusz region. The Vita Group – Europe’s largest supplier and producer of polyurethane foam – will start using 8,000 sqm of space in Panattoni Park Żary in the second quarter of 2023. 
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News - GLP delivers its fifth logistics park near Warsaw
17
Jan
2023

GLP delivers its fifth logistics park near Warsaw

by Property Forum
GLP has completed the development of another logistics park near Warsaw. The 24,000 sqm GLP Warsaw V Logistics Centre is located next to the Grodzisk Mazowiecki Junction of Motorway A2. The logistics company No Limit will be its sole tenant.
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News - Auto Partner space in MLP Group parks to grow to 60,000 sqm
17
Jan
2023

Auto Partner space in MLP Group parks to grow to 60,000 sqm

by Property Forum
Auto Partner, one of the largest auto parts distributors in Poland, has leased 30,000 sqm of modern commercial space at MLP Zgorzelec. It will be the first tenant in a new logistics centre being built near the border with Germany and the Czech Republic. With the new transaction, the total space leased by this auto parts distributor and importer in MLP Group facilities has increased to nearly 60,000 sqm.
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News - IAD Investments buys 270,000 sqm of land near Budapest
16
Jan
2023

IAD Investments buys 270,000 sqm of land near Budapest

by Property Forum
Slovak asset management company IAD Investments has purchased nearly 270,000 sqm of land west of the Hungarian capital. IAD Investments joined forces with a branch of one of the largest industrial real estate developers in Europe to develop a completely new logistics park. It will be IAD's second project in the local development market.
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News - Limitless Park to be built outside Budapest
16
Jan
2023

Limitless Park to be built outside Budapest

by Property Forum
The logistics facility will offer a total of 65,000 sqm of industrial and office space in Biatorbágy on the Western outskirts of the Hungarian capital.
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News - Panattoni to expand Wrocław Campus project in Poland
12
Jan
2023

Panattoni to expand Wrocław Campus project in Poland

by Property Forum
Panattoni has purchased 35 hectares of land and will begin construction of 160,000 sqm of new buildings as part of the Wrocław Campus in Q2 of this year.
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News - 7R sells warehouse park in Poznań to DWS
12
Jan
2023

7R sells warehouse park in Poznań to DWS

by Property Forum
7R  and DWS have closed a transaction for the transfer of ownership of 7R Park Poznań East II, a warehouse park with a gross leasable area of over 51,000 sqm. The price has not been disclosed. 
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News - 2023 to be a year of challenges on the Polish property market
11
Jan
2023

2023 to be a year of challenges on the Polish property market

by Property Forum
Upward pressure on rental rates and rising construction costs on the one hand and a growing focus on ESG and repositioning of commercial buildings on the other. Faced with the current pace of change in the real estate market, many investors are looking at 2023 with a degree of uncertainty. Are there any reasons to be fearful? And how will the economic slowdown shape trends and sentiments in each real estate sector in the short term? Cushman & Wakefield answers these questions and more in the fourth edition of its "Trends Radar" report, which presents forecasts and potential development trends for the Polish real estate market.
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News - Accolade gets €129 million of financing from Helaba
11
Jan
2023

Accolade gets €129 million of financing from Helaba

by Property Forum
Accolade received a long-term financing for the 5 industrial parks in Poland: Gorzów Wielkopolski, Szczecin Załom (West), Szczecin Kniewska, Częstochowa and Kielce. The €129 million refinancing loan was delivered by its new financing partner Helaba. 
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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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