HIH Invest Real Estate has just sold two HGV service stations in Poland on behalf of an investment fund owned by a German pension scheme and by a foundation. The assets were purchased by Investika, a Czech investment company formed in 2015. The closing of the transaction is scheduled for January 2022.

GLP has commenced the development of GLP Wrocław V Logistics Centre, the largest warehouse project underway in the Wrocław metropolitan area. Built on a 50 ha plot, the GLP project will ultimately offer approximately 240,000 sqm of logistics space.

Transport services provider Regesta has moved into Hillwood Wrocław East. The new tenant took more than 17,500 sqm of warehouse and office space in the Wrocław logistics centre. Regesta was represented during the search for the new location and lease negotiations by experts of real estate advisory firm Cresa. Hillwood Wrocław East, comprising seven buildings with a total area of over 210,000 sqm, is now fully leased.

Develia Group has signed a preliminary agreement with an investment fund managed by Adventum Group to sell all its shares in Wrocław Sky Tower. The sale price set at €84.4 million, will be reduced by the value of unpaid incentives for tenants. Finalization of the transaction is expected at the end of 2021.

Frontier Park Wrocław is a warehouse park, ultimately covering approx. 9,300 sqm of flexible warehouse and production space with adjacent office parts. Twelve Small Business Units with an area of 300 sqm are currently under construction on a 2-hectare plot in Bielany Wrocławskie.

Christie & Co has found a new tenant for the former Sofitel on the main square with Mogotel, who will operate the hotel in Wroclaw's city centre under the Wyndham brand. For the Latvian operator Mogotel, it is the first hotel in Poland.

Cavatina Holding has acquired land in Wrocław from Invest City for a net sum of €20.8 million (PLN 95 million).

Over 21,000 sqm of office space located on 13 floors, terraces for tenants and a basketball court – this will be the second phase of the Centrum Południe office complex currently being developed by Skanska. Like the existing buildings, the new phase will apply for numerous certificates, including the WELL Core&Shell. 

Panattoni has launched work on its 21st park in Lower Silesia. The developer has started the construction of Panattoni Park Wrocław S8 South, which is to have an area of 18,000 sqm. The investment has already attracted its first tenant from the logistics sector, which will occupy more than 4,600 sqm. The facility is to be completed this year, in Nowa Wieś Wrocławska, close to the Wrocław Południe junction between the A4 motorway and the S8, providing an connection with the main logistics centres across Poland and Europe.

Trei Real Estate is moving ahead with two large-scale residential projects in Poland. In Wrocław, the company launched the third construction stage of the “Bacciarellego 54” quarter, which will deliver a total of 91 apartments when completed by year-end 2022. In Łódź – with its population of around 700,000 the third-largest city in Poland after Warsaw and Krakow – Trei is about to kick off its second construction stage, which comprises 88 residential units. All things considered, Trei is planning to build a total of 1,320 residential units in Poland in the years ahead and will invest a total of €125 million.