ARTICLES LABELLED WITH TAG Warsaw

News HB Reavis finalises sale of Gdanski Business Center
05
Dec
2016

HB Reavis finalises sale of Gdanski Business Center

by Ákos Budai
On 1 December 2016, international real estate developer HB Reavis and Savills Investment Management on behalf of a Global Pension Fund client, concluded the sale agreement of two of buildings within Gdanski Business Centre in Warsaw. In one of the largest transactions of the year in Poland and also in the CEE region amounting to €186 million, Savills Investment Management has acquired buildings A and B of the Gdanski Business Center, totalling 48,000 sqm.
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News WP Carey purchases Polish warehouse for €32m
05
Dec
2016

WP Carey purchases Polish warehouse for €32m

by Ákos Budai
CP:17 – Global, a U.S.-based non-traded REIT focused on investing in income-producing commercial properties and real estate-related assets, announced that it has completed the sale-leaseback of a cold-storage facility from Greenyard (formerly Greenyard Foods), one of the world’s largest fruit and vegetable suppliers. The 28,700 sqm (309,759 sq ft) facility is located just outside of Warsaw, Poland and was purchased for approximately €32 million. The proceeds from the 20-year triple-net lease will be used to pay down debt associated with the facility. 
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News Skanska prepares new projects in Warsaw
05
Dec
2016

Skanska prepares new projects in Warsaw

by Ákos Budai
Skanska Property Poland has signed an agreement on the rights of perpetual usufruct, a right granting long-term use of real estate, on the land plot near Rondo ONZ in the business centre of Warsaw. Currently, the Ilmet office building is located on this plot. In addition, the company has bought the Warsaw One project, which was designed by the previous owner. In the transaction process the seller was advised by Knight Frank.
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News Warsaw’s West Station I secures new tenant
24
Nov
2016

Warsaw’s West Station I secures new tenant

by Ákos Budai
Panalpina Polska, an air and sea freight company, leased a 630 sqm office in the West Station I building. A team of BNP Paribas Real Estate Poland experts advised the tenant during the negotiation process with HB Reavis. Panalpina Polska will be moving in the first quarter of 2017 and taking up space on the 12th floor of the building.
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News Warsaw’s Europejski Hotel set to open in 2017
18
Nov
2016

Warsaw’s Europejski Hotel set to open in 2017

by Ákos Budai
A new luxury destination is taking shape in the Polish retail market with the opening of Europejski Hotel. The capital is to see the completion of the renovation and redevelopment of one of Warsaw’s most recognized buildings with 160 years of history. The 2,700 sqm of ground floor retail area will feature boutique units. Cushman & Wakefield is responsible for commercialisation of the scheme.
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News Marvipol sells Prosta Tower in Warsaw
18
Nov
2016

Marvipol sells Prosta Tower in Warsaw

by Ákos Budai
Marvipol S.A. entered into a preliminary agreement for the sale of Prosta Tower office building in Warsaw. The buyer is an international fund. The seller was represented by Colliers International.
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News Staamp Poland to extend its manufacturing facility
03
Nov
2016

Staamp Poland to extend its manufacturing facility

by Ákos Budai
Staamp Poland Sp. z o.o., a manufacturer of plastic components for the automotive industry, will add 2,600 sqm to its manufacturing facility in Błonie near Warsaw. Brica Group Sp. z o.o. is the general contractor of the project. Global real estate services firm Cushman & Wakefield represented Staamp Poland.
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News Echo Investment sells Warsaw’s Q22
03
Nov
2016

Echo Investment sells Warsaw’s Q22

by Ákos Budai
Echo Investment has signed a preliminary agreement with Invesco Real Estate European Fund (IREEF) to sell its flagship project, the Q22 office building in Warsaw.The value of the transaction will be established in the final agreement and it will be calculated on the basis of a formula which takes into account the actual sales date, a commercialization level and a cap rate of 5.35%. 
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News HB Reavis completes West Station I in Warsaw
03
Nov
2016

HB Reavis completes West Station I in Warsaw

by Ákos Budai
Construction of the first of two West Station office buildings, located in the immediate vicinity of the new Warszawa Zachodnia railway station, has completed. The complex, seen from both Jerozolimskie Ave. and all passing trains, will soon welcome its first occupiers. Its developer, international real estate company HB Reavis, signed a loan contract to refinance the project.
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News JLL to manage HB Reavis’ West Station I building
13
Oct
2016

JLL to manage HB Reavis’ West Station I building

by Ákos Budai
HB Reavis has selected JLL as the property manager of West Station I in Warsaw. JLL will be responsible for maintaining relations with tenants and supervising the technical, operational and administrative aspects of the building.
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Latest news


New leases

  • In recent weeks, three new tenants have joined the ranks of tenants at the RONDO Shopping Centre in Bydgoszcz, Poland. Gudi Home, Pink Box and Piekarnia Grochola Prawdziwy Chleb have signed lease agreements for premises with a total area of nearly 1,700 sqm.
  • Nearly 700 sqm of Infinity’s office space in Wrocław will be occupied by a team from ingage Poland software company. The new tenant has decided to lease office space located on the fifth floor of the building.
  • Auchan Romania has leased 2,600 sqm on the ground floor of the second phase of the U•Center office project in Bucharest.

New appointments

  • Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.
  • Daniel Rutkowski joined Walter Herz Investment Advisory Department, currently consisting of six people, and took the position of Development Manager. He will be responsible for searching for and acquiring investment projects, developing investment potential analysis and building the value of real estate.
  • Dariusz Proniewicz has joined MDC2's team of experts to take on the position of Development Director BTS, with responsibility for the development of BTS investments.


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