ARTICLES LABELLED WITH TAG Warsaw

In 6-12 months, investors will return to the real estate market in Poland. The desirable assets will be data centres and products of the living sector, including PRS and PBSA - these were the conclusions reached by the participants of the panel on collaborative and alternative investment strategies at this week’s CEE Property Financing Update 2024 conference in Warsaw. The event was organised by Property Forum and hosted by law firm CMS.

Karimpol Polska has secured financing of €50 million from Bank Pekao S.A. for the second phase of Skyliner investment at Rondo Daszyńskiego in Warsaw. This marks another collaboration between the investor and the bank, which also financed the construction of the first tower of the complex.

Recently, market focus has been on new high-rise office developments which are reshaping Warsaw’s skyline and attracting tenant interest. Analysis of market data reveals, however, that office campuses have enjoyed the strongest occupier demand, says Cushman & Wakefield. Although they make up around 10% of Warsaw’s office stock, they accounted for as much as 16% of total take-up in the city in the first half of 2024. What criteria does an office project have to meet in order to qualify as an office campus and what makes office campuses so popular?

CTP has leased an additional 10,000 sqm at its CTPark Warsaw South to Polish logistics operator TAS Logistyka sp. z o.o. It will now occupy 25,000 sqm of warehouse space, an increase of 67 per cent on the original space leased.

For law firms, the office provides a work environment for legal teams but also serves as something of a showpiece in client and business partner relationships. In an era of changing work models, the evolving role of the office and the growing trend toward space optimisation in some sectors driven by rising costs, Cushman & Wakefield take a closer look at the legal sector’s needs and location decisions.

Recently, there has been significantly more activity in the Warsaw office market compared to regional markets, both in terms of demand and new investments. As of last year, the demand for office space in Warsaw has increased, while overall demand has decreased in the region. There are also more vacancies in the regional markets, says Walter Herz.

Panattoni has completed the construction of City Logistics Warsaw IX. The centre with an area of over 13,000 sqm is situated in Targówek Fabryczny and already has its first tenants.

Panattoni has been issued financing for the construction of City Logistics Warsaw Airport IV. The €17.25 million loan was granted by Santander Bank Polska.

Cushman & Wakefield has been appointed as the property manager of the Vibe office building in Warsaw’s Wola district. 

Trademarc, a company co-owned and managed by Griffin Capital Partners, has sold a 37,590 sqm Built-to-Suit (BTS) warehouse located in Teresin, west of Warsaw. The buyer and transaction amount have not been disclosed.