Panattoni has sold its strategic Wroclaw Campus project in southwest Poland to P3 Logistic Parks. The project totals 185,000 sqm. The price has not been disclosed.
E-commerce clothing giant Shein will start operations in the area of almost 55,000 sqm in Panattoni Park Wrocław South Hub as early as this quarter. The developer has already leased half of the planned 250,000 sqm in the Lower Silesian complex.
Trigea nemovitostní fond has acquired City Logistics Wrocław II, an urban logistics park developed and managed by Panattoni. The asset is the second city logistics investment in Poland in Trigea’s portfolio. The parties agreed not to disclose the value of the transaction.
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.
7R Park Wrocław West II has been granted a valid building permit. This is another development in the Lower Silesian Voivodship to be invested in by 7R. The facility will be built in Kąty Wrocławskie. Ultimately, it will provide nearly 44,000 sqm of class-A logistics and production area.
Panattoni has passed 130,000 sqm delivered for LX Pantos in Poland. The Korean logistics operator has increased the space it occupies within Panattoni Park Wrocław XIII to 50,000 sqm.
Develia has signed a joint venture agreement with Hillwood. As part of the agreement, a special-purpose vehicle will be created to develop a logistics park with a minimum area of 400,000 sqm GLA on a property located in Malin near Wrocław. The estimated value of the entire project will exceed PLN 1.5 billion.
Panattoni has leased out almost 80,000 sqm to global logistics operator DSV within the Wrocław Logistics South Hub. This is the first lease for space in the developer’s largest project in the region, which is to eventually comprise 250,000 sqm. Construction work began in the summer of the current year.
GLP announces the lease of a 40,000 sqm facility at GLP Wroclaw V Logistics Centre to SHEIN, a global e-commerce company. The new facility will open by the end of the year and serve as its Central and Eastern European distribution hub.
Futureal Investments Partners has announced that it will start the renovation of one of its recently acquired real estate investments in Poland. The Wratislavia Tower office building in Wrocław will be renovated with an intention to obtain the BREEAM Excellent In-Use certificate. More than half of the complex will be leased by the City of Wrocław.
Cushman & Wakefield brokered the lease of a prominent four-storey unit of 5,500 sqm retail area in Prague on Wenceslas Square to HalfPrice, a Polish off-price brand retailer, part of the CCC Group. HalfPrice's flagship store in Prague will be the company's largest store in the world.
The global healthcare company, Falck, has chosen the Skyliner in Warsaw, owned by the Karimpol Group as its new office for their IT department in Poland. It will occupy nearly 1,500 sqm of space.
A new tenant has moved into Kraków's V.Offices office building. Imperial Brands Services has signed a lease for nearly 1,600 sqm of space. The building's owner, AFI Europe, was represented in the transaction by experts from Knight Frank, while the tenant was represented by the CBRE agency.
New appointments
In September, Michal Berski took up the position of head of the warehouse sector at CBRE Poland. He has been with the company for over 10 years. In his new role, he manages strategy and the development of all business lines within the warehouse and industrial sector.
Slawomir Czarnecki is the new president of Grupa Muszkieterów and ITM Poland. He has replaced David de Bosschère. The new CEO is the owner of the Bricomarché shop in Świecie and has many years of experience in trade, as well as in the Group's internal structures.
LCP Properties, a developer in the Polish retail park market, is continuing to strengthen its organisational structure. Andrzej Plit has been appointed as the new Finance Director. Meanwhile, for the LCP-owned EMKA shopping centre in Koszalin, Daria Kokowska became the new Shopping Center Director.
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