ARTICLES LABELLED WITH TAG Warsaw

Real Management has signed a loan agreement with mBank for over €14 million in funding for construction of the Good Point V warehouse and production park in Łubna near Warsaw.

Global apparel retailer Uniqlo announced plans to open its first-ever permanent store in Poland. The new store, Uniqlo Arkadia, will be located at Westfield Arkadia shopping centre in Warsaw, and will greet its first customers in fall 2024.

Atenor signed one of the first green loan transactions in Poland, totalling €38 million in collaboration with BNP Paribas Bank Polska and Santander Bank Polska. 

According to the latest report published by Newmark Polska, the Warsaw office market is entering a period of an increased focus on the repurposing and refurbishment of office buildings. As office availability in central Warsaw declined in the first quarter of 2024, occupiers’ interest shifted towards non-central locations. Development activity remained stable but relatively weak, with a significant concentration of new office projects in central zones, which accounted for nearly 90% of the total office stock under construction.

Prague is the only city in the CEE region to boast a prime high street, a shopping street with only the most prestigious global brands, according to Colliers. This location is Pařížská (Paris) Street, where currently 46 out of 48 available retail units are occupied.

Already 64% of Warsaw’s office buildings offer at least one retail or service unit, reveals Cushman & Wakefield. With new retail supply remaining low across Warsaw, retailers and service providers are increasingly looking for alternative locations. In addition, recent years have seen a significant shift in user preferences regarding the use of office space and types of services available in office buildings.

Redkom Development finalised the sale of Park Glinianka in Łubna in the southern suburbs of Warsaw. The facility was purchased by CEE-BIG B.V. The price has not been disclosed. 

The JV between Partners Group and Peakside Capital Advisors has completed the construction of the first warehouse facility in City Point Targówek. The 7,000 sqm building is fully leased to DPD Polska and is part of a park, which will provide nearly 100,000 sqm of last-mile logistics space within the borders of the Warsaw agglomeration.

Solida Capital Europe announced the acquisition of the Grójecka 5 office building in the centre of Warsaw, spanning approximately 11,500 gross leasable area. The price has not been disclosed.

EPP and Echo Investment have secured a loan of €145.2 million for the new financing of the Galeria Młociny shopping centre located in Warsaw. Erste Bank Group AG (Austria), Rand Merchant Bank, a division of FirstRand Bank Limited (Republic of South Africa) and Santander Bank Polska (Poland) acted as arrangers of the new credit facility, with Santander Bank Polska also acting as Facility Agent, Security Agent and Account Bank.