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» Chronological View: " Poland " «

Refurbishments accounted for only 20% office supply in the CBD of Warsaw

Warsaw’s Central Business District (CBD) is currently delineated by Jana Pawla II Avenue, Solidarności Avenue, Hoża, Krakowskie Przedmieście and Nowy Świat streets. The City Centre expanded north up to Gdański Railway Station, west to Karolkowa Street and south to Unii Lubelskiej Square. It abuts the Vistula River in the east...
Friday, 23. February 2018

Zalando selects site for its new logistic centre

Zalando Lounge, the shopping club of fashion platform Zalando, will launch the development of a 130,000 sq m logistics center near Olsztynek. It will serve as a workplace for up to 500 people. The project will be developed by Hillwood.
Friday, 23. February 2018

Retail market - Warsaw still on top

In 2017, approximately 360,000 sqm of new retail space was delivered to the market, which is 15% less than in 2016. Most new shopping centres were completed in the eight largest agglomerations (over 66% of completions). Thus, at the end of 2017, the total stock of modern shopping centre space in Poland reached approximately 1...
Thursday, 22. February 2018

Commercial property lending market hits record-breaking volume

Cushman & Wakefield has published its opinion on the commercial property lending market in Poland. In 2017, real estate transactions hit a record-breaking volume of €5 bln, up by nearly 10% on the previous year. Bank financing for properties remained unchanged, averaging approximately 60% of each property’s value.
Thursday, 22. February 2018

Avestus Real Estate appoints Imagine contractors

Avestus Real Estate has chosen the companies responsible for construction of the Imagine project at the intersection of Piłsudskiego and Śmigłego-Rydza avenues in Lódź. The general contractor for the office complex will be Eiffage Polska Budownictwo S.A., while the multi-storey garage will be built by Goldbeck Sp. z o.o. All ...
Thursday, 22. February 2018
First tenant for Browary Warszawskie

First tenant for Browary Warszawskie

L'Oréal Poland will occupy nearly 7,000 sqm in the first office building in Browary Warszawskie. “A modern office means for us a space that favours cooperation and communication, and consequently affects a better working atmosphere. After 25 years of L'Oréal's presence in Poland we will open a new office and a new part of the...
Thursday, 22. February 2018

E-commerce giants boosts Poland's industrial market

In 2017 on the industrial market in Poland total space leased under new agreements and expansions exceeded 3.1 million sq m, which is nearly 1 million sq m more than in 2016. "Once lease renewals are added, the gross take-up rises to more than 3.9 million sq m. Retailers and logistics operators continued to drive the market, ...
Thursday, 22. February 2018

New tenants in Griffin Premium RE..-owned buildings

Griffin Premium RE has secured new tenants for the mixed-use complex Koszyki as well as Bliski Centrum and Company House I in Warsaw. At the same time, the main tenant in Lódź-based office complex Green Horizon has extended the occupied space. The anchor tenant Infosys Poland has extended the occupied space by additional 2,00...
Wednesday, 21. February 2018
Piotr Myszka joins EPP team

Piotr Myszka joins EPP team

Piotr Myszka has just joined EPP as Construction Director. His responsibilities include management and supervision over investments related to expansion and rebuilding of shopping centers and office properties from EPP’s portfolio or being considered as the company’s acquisition targets.
Tuesday, 20. February 2018
Greencarrier opens a new branch Distribution Park Sosnowiec

Greencarrier opens a new branch Distribution Park Sosnowiec

Greencarrier Freight Services Poland, a Scandinavian forwarder and logistics company, has signed a contract for the lease of warehouse and office space in Distribution Park Sosnowiec - a warehouse and production park owned by Hines Global REIT. The company will lead logistics operations at 2,660 sq m. AXI Immo has advised in ...
Tuesday, 20. February 2018

Olivia Business Centre delivers 25,000 square meters of office space

Olivia Business Centre in Gdansk begins its new investment. The eighth building of the business centre will deliver another 25,000 square metres of the best-quality office space to the Tri-City market. The investment is to be completed by the end of 2019. So, at this moment there are two technologically advanced A class offic...
Tuesday, 20. February 2018
Link and Waberer’s lease 728 sqm of office space in Koneser

Link and Waberer’s lease 728 sqm of office space in Koneser

Link Sp. z o.o. and Waberer’s Poland, the companies from the TFL industry and belonging to the Waberer’s International Group, have leased a total of 728 sqm of office space in Koneser. On the site of the former Warsaw Vodka Distillery, in the quarter of Zabkowska, Markowska, Bialostocka and Nieporecka Streets, the Liebrecht &...
Monday, 19. February 2018
Schrack Technik stays longer in Prologis Park Warsaw II

Schrack Technik stays longer in Prologis Park Warsaw II

Schrack Technik has extended the lease agreement of warehouse and office space in Prologis Park Warsaw II. The company has leased 3,900 sq m in the Prologis park. Schrack Technik chose the agency AXI Immo as an advisor in the renegotiation process.
Monday, 19. February 2018

Macrobond chooses Szczecin-based Oxygen

By mid-year, the international analytical company Macrobond Financial will move to Szczecin-based office building Oxygen. At the beginning, the company will occupy 680 sqm, with a target to take over 1,700 sqm by 2020.
Friday, 16. February 2018
Wroclaw 101 fully leases retail ground floor

Wroclaw 101 fully leases retail ground floor

Service and retail tenants opened their facilities in Wroclaw 101. The entire ground floor of the property is now fully taken up. Denizens of Wroclaw can now visit Bank Millenium, have a coffee at Etno Café or do their shopping at Rossmann. Knight Frank acted on behalf of Crownway Investments, the property owner, in the leasi...
Friday, 16. February 2018
Virako selects Budimex as general contractor of Monopolis

Virako selects Budimex as general contractor of Monopolis

As the general contractor for Monopolis, Budimex will be responsible for the implementation of the first stage of Virako’s flagship investment - the mixed-use Monopolis complex in Lódź. The construction work will commence in February 2018 with completion scheduled for mid-2019. Budimex executes investments in the areas of roa...
Friday, 16. February 2018