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Central Europe

Garbe expands logistics park near Berlin

Garbe Industrial Real Estate GmbH creates further settlement potential in the Berlin/Brandenburg metropolitan region. In Oberkrämer (Oberhavel district), the Hamburg-based project developer has started to build a logistics property with a total area of around 21,000 m². Construction is taking place with no fixed rental commit...
Tuesday, 23. May 2023

CTP leases 25,400 m² at CTPark Gdansk Port

CTP has pre-let over 25,400 m² of logistics space to a German headquartered renewable energy developer, service and energy solutions provider, at CTPark Gdańsk Port, a major new sustainable logistics park that CTP is developing in Gdańsk.
Tuesday, 23. May 2023

CA Immo concludes Green Leases in Munich

In the last few weeks, CA Immo has concluded and extended seven leases for around 40 % (approx. 1,900 m²) of the space in the Nymphenburg medical centre in the Ambigon building in Munich. All rental agreements were concluded on a long-term basis with a term of 10 years.
Tuesday, 23. May 2023

Peach Property: Hybrid warrant bond to be continued for the time being

Peach Property Group AG, a real estate investor with an investment focus on residential real estate in Germany, will not call the outstanding amount of the hybrid warrant bond (SWX: PEA231, ISIN: CH0417376040) by the earliest possible call date on June 22, 2023, in line with its capital management and under its considerations...
Tuesday, 23. May 2023

Panattoni granted €64 mln in financing by BGK

Panattoni has been granted a €64 mln loan by Bank Gospodarstwa Krajowego for yet more landmark projects. The financing is to be used to develop a strategic complex for Poczta Polska in Radzymin as well as two buildings within Panattoni Park Grudziądz.
Tuesday, 23. May 2023

Lux Med Group leases 3,300 m² in Trinity One in Warsaw

Lux Med Group leases over 3,300 m² in the Trinity One, class A office complex, part of Revetas Capital’s portfolio of assets in Poland. Spread over seven floors, with 3 interconnected towers each with its separate entrance, Trinity One accommodates over 19,820 m² of high-quality office space. The business park benefits from e...
Tuesday, 23. May 2023

Panattoni develops business park near Kaiserslautern

Panattoni is developing the Panattoni Park Kaiserslautern Ost in Göllheim, Rhineland-Palatinate. The sustainably developed, multi-user property will be built in the logistics corridor between Southwestern Germany, Northern France and Benelux and is focused on flexibility and a high degree of third-party usability. The start o...
Tuesday, 23. May 2023

IntReal Increases AuA to €63.7bn in Q1 2023

For IntReal International Real Estate Kapitalverwaltungsgesellschaft mbh the 2023 financial year was off to a good start. The assets under administration (AuA) of the Hamburg-based administration specialist increased by €1.6 billion during the first quarter, climbing to c. €63.7 billion by 31 March 2023. It implies a 2.5-perc...
Tuesday, 23. May 2023

Nearly 5,000 m² for DPD Poland in Gądki near Poznań

DPD Poland has decided to lease an additional cross-dock warehouse near Poznań, in line with the development of its logistics infrastructure. The company will occupy nearly 5,000 m² of cross-dock logistics and office space in the second half of 2023, located in Gadki, a logistics park owned by Reino IO Logistics - Reino IO Po...
Friday, 19. May 2023

Mabor Logistic comes to Panattoni Park Gdańsk West II

Mabor Logistic, a provider of transport, forwarding and logistics services, has leased over 3,800 m² of warehouse and office space in Panattoni Park Gdańsk West II. Newmark Polska advised the tenant during the search for the right location and the negotiation process.
Friday, 19. May 2023

Demand on Prague office market not pushing prices up despite recovery

The first quarter of this year saw a recovery in the Prague office space market. Growing demand may be met with lower availability of new premium space in the coming years, as only a smaller number of new projects are currently under construction. This may affect the currently stabilized price level of rents. Serviced office ...
Friday, 19. May 2023

Warsaw ranks third in Europe for office occupier activity

Cushman & Wakefield has summarized the first quarter of 2023 and trends shaping the Warsaw office market, which came third among key European office locations for take-up. The Polish capital is entering a phase of renewing leases made in the peak years of 2018-2019. Another positive development is the prospect of several new ...
Friday, 19. May 2023

Tritax leases 36,000 m² in Dormagen

Tritax EuroBox plc has agreed a new 10-year green lease to a leading logistics company at the Company's recently completed property in Dormagen, a prime logistics location in the Düsseldorf region.
Friday, 19. May 2023

Skanska leases 20,300 m² in Centrum Poludnie in Wroclaw

Skanska has signed a 10-year lease agreement with the American bank BNY Mellon for approximately 20,300 m² and in addition 191 parking lots in the second phase of Centrum Poludnie office complex in Wroclaw, Poland. With this contract, all office space is leased, with the remaining space dedicated to amenity and retail uses, s...
Friday, 19. May 2023