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Invesco, Panattoni sell airport logistics park in Gdansk to EQT

Invesco Real Estate and its joint venture partner Panattoni, have completed the sale of a Grade A logistics park with a total lease area of c. 110,000 sqm in Gdansk, on behalf of its strategic opportunities investment programme. The asset was sold to EQT Exeter.
Thursday, 23. June 2022

Ryan Lee appointed CEO of Atrium European Real Estate

Ryan Lee has assumed the position of CEO of Atrium European Real Estate effective May 31st of this year. This change is part of a proactive succession plan agreed by the Board of AERE and its shareholders.
Monday, 20. June 2022

Savills opens new office in Gdansk

With immediate effect, Savills has opened a new office in Gdansk, part of the Tricity metropolitan area in Poland, led by Piotr Skuza, Associate Director, Office Agency.
Wednesday, 15. June 2022

Smart Kids Planet to open at Norblin Factory

The Norblin Factory is expanding its portfolio with an offer dedicated to kids. The Smart Fun Centre Smart Kids Planet will move into the complex at Żelazna Street this autumn. The tenant will take up 1,550 sq.m. of space to set up eight areas for children combining education, traditional play, new technologies and developmen...
Tuesday, 14. June 2022

Ryan Lee appointed as CEO of Atrium European Real Estate

Atrium European Real Estate has appointed Ryan Lee as the company’s new CEO. He will succeed Liad Barzilai, who served as Atrium’s CEO for the past five years. Barzilai, who joined the G City Group 15 years ago, progressed through various management positions to head Atrium.
Thursday, 9. June 2022

Panattoni to launch new 45,000 sqm Radom centre

Panattoni is opening up another market - this time the developer has chosen Radom, the largest city in Mazowsze following Warsaw. A 45,000 m² logistics center with two units is planned. Around 8,500 sqm of the first stage has already been leased to tenants from the logistics and grocery sectors. In addition, the logistics dev...
Wednesday, 8. June 2022

Skanska appoints new directors in Environmental and Health & Safety areas

Skanska’s commercial development business unit in Central and Eastern Europe (CEE) continues its strategic focus on creating future-proof and sustainable places by appointing new directors responsible for the developing and leading teams in Environmental and Health & Safety areas.
Thursday, 2. June 2022

Xior acquires €939 million PBSA portfolio

Xior Student Housing makes a huge leap forward in its international expansion plan by signing an agreement with Basecamp Group, European Student Housing Fund I (“ESHF I”) and European Student Housing Fund II (“ESHF II”) to acquire a €939 million portfolio of attractive, high-quality, PBSA assets operated by Basecamp.
Monday, 30. May 2022

Hines agrees new lease at Ambassador Office Building in Warsaw

Hines has announced a new seven-year lease to clothing company Local Heroes at its Ambassador Office Building, owned by the Hines Poland Sustainable Income Fund (“HPSIF”). The new tenant will initially occupy 570 m² of office space on the 1st floor, with plans to extend this to 651 square metres later this year.
Friday, 27. May 2022

Office stock tops 12.5 million m² in Q1 2022

Cushman & Wakefield has published a summary of the first quarter of 2022 on the largest office markets in Poland. New supply rose by 60% year-on-year, while the overall vacancy rate edged up by 1.7 pp. What are the report’s other findings?
Friday, 27. May 2022

pbb provides €118 mn investment facility to Reico ČS Nemovitostní fond

pbb Deutsche Pfandbriefbank has provided a €118 mn credit facility to the open-ended fund ČS nemovitostni fond, the biggest real estate fund on the Czech market managed by Reico. The facility will be used to fund the acquisition of two newly built logistic properties in Upper Silesia as well as for the refinancing of an offic...
Friday, 27. May 2022

Balmoral sells three office buildings in Krakow

Savills has advised Balmoral Properties on the disposal of three office buildings from the Browar Lubicz complex in Krakow. The new owner is French-based PAREF Gestion, who made the acquisition on behalf of SCPI Interpierre Europe Centrale. The parties agreed not to disclose the value of the transaction.
Monday, 23. May 2022

CEE investment volumes return to pre pandemic levels

Year end volumes for 2022 in Central and Eastern Europe could reach in excess of €12 billion but uncertainty around the war in Ukraine and economic headwinds, could impact this prediction, reveals a report by Colliers: CEE Investment Scene Q1 2022.
Friday, 20. May 2022