Poland

According to Aulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young, the total investment volume in 2024 was €364 million, the weakest first quarter result in recent years.

Newgate Investment planned and implemented the processes of reconstruction and recommercialization of the former Outlet Bialystok project located in Bialystok at 67 Wysockiego Street with an original GLA of 13,336 m².

According to „Office Occupier - Warsaw Office Market, Q1 2024“, a report published by the real estate consultancy Newmark Polska, the Warsaw office market is entering a period of increased focus on the reuse and refurbishment of office buildings.

Europe's average office occupancy rate has risen from 55% to 59% over the last year, says Savills, with Madrid now standing at 68%, almost back to the European pre-pandemic average rate of circa. 70%. London West End and Paris CBD have the second and third highest rates, at 61% and 59%, respectively. Warsaw has seen the highe...

The Rico restaurant, the Ramenownia ramen place and LunaSkin beauty parlour are the three brands to have joined the tenant roster of the Lixa City Gardens retail concept, which has been arranged in the Lixa office complex near Warsaw’s Daszyński Roundabout. Yareal Polska, based on new agreements, has leased over 550 m² of mod...

Panattoni has begun construction on a new industrial park in Będzin. The first stage of the work has already been launched and is to be completed in September. It will comprise a 27,500 sqm building constructed on a speculative basis. The total area of the park is to come to 87,500 sqm.

CTP has acquired investment land in four strategic locations offering the opportunity to build approximately 200,000 sqm of lettable space in the short term, with sites in Łódź, Toruń and the Warsaw agglomeration ready for development. This land acquisition is part of CTP's strategy, announced last year, to invest €300 millio...

Panattoni takes an active approach to the increasing demands of sustainable construction and ESG regulations. Emilia Dębowska has been promoted to the position of Head of Sustainability Europe. In her new role, she will be responsible for Panattoni's integrated sustainable development strategy, encompassing both the company's...

Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total. The Polish market continues to attract interest from new brands, borne out by several debuts. More arrivals are...

Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a leading European members-only online destination for premium and luxury off-price fashion. The building has a total area of 136,000 sqm, which makes it one of the largest logistics centres in the region.

Medical company Fresenius Medical Care S.A. has renegotiated its lease of 3,900 sqm of warehouse space and 120 sqm of office space in Prologis Park Poznań. Fresenius Medical Care was represented in the transaction by real estate advisory firm Newmark Polska.

Uniq Logistic, a full-service logistics operator, has extended its lease agreement at the Kutno Logistics Centre. The tenant will continue to use nearly 2,500 sq m of warehouse and office space. The renegotiation project was directed by operations director Jonasz Galicki, with consulting services supplied by AXI Immo's Hubert...

BIK Park Sosnowiec II has successfully passed the BREEAM certification at the “Very Good” level. Last year, BIK Park Wrocław I and II - two other properties from the portfolio of Biuro Inwestycji Kapitałowych (BIK) S.A. - went through the same assessment process. BIK S.A. was advised on the BREEAM certification by Cushman & W...

Panattoni has built another investment in Lesser Poland. City Logistics Krakow Airport II is located near the Krakow-Balice International Airport, where a new cargo terminal is being constructed. The facility is suitable for e-commerce and last-mile logistics. The investment was made on a speculative basis and already has its...

Mitiska REIM has sold a 6.7ha land plot to Momentum Leisure to develop a theme and water park which will further reinforce the offering of the Europa Centralna retail center. Located on a 27ha site in Gliwice, Europa Centralna is the largest retail scheme in the city with a gross leasable area (GLA) of 67,000m2 and parking fo...

Panattoni has launched the construction of Panattoni Park Ruda Śląska IV. The new project will comprise 30,000 sqm and at the start a major tenant has already been found with Midocean to lease 20,000 sqm of storage space including an extension option for a further 10,000 sqm.

Neinver recorded a strong operating performance in 2023, with total brand sales reaching €1.48 billion across its entire portfolio, an 11% y-o-y increase and record-breaking monthly growth. The centres operated by the company across six European countries welcomed a total of nearly 68 million visitors over the course of the y...

Panattoni has finished the construction of a logistics centre for Hermes Fulfilment. This is the first project that has been built for the company in Poland and is also the largest centre of its type in the Hermes Group portfolio.