Poland

Popeyes is to open its first Warsaw restaurant in Złote Tarasy on 21 September. The fast food chain from Louisiana is the seventh new tenant to come to Złote Tarasy in 2023 after such brands as Lush, Candy Pop, and Hugo. Cushman & Wakefield, which is responsible for the re-commercialisation and property management for the sch...

Panattoni has developed a BTS centre for the Tenneco Group in Gliwice. The European Engineering Centre is to serve the company as a research and development centre for new technologies and Monroe products including conventional drive control systems and advanced suspension systems.

LaSalle Investment Management achieved Platinum Wired Score certification for two of its office buildings in Prague and another one in Warsaw.

A logistics service provider has renewed and expanded its lease in GLP Pomeranian Logistics Centre. Under its new contract the tenant will occupy approximately 22,000 sqm of warehouse and office space in the complex. Newmark Polska was instructed to negotiate the terms of the lease.

Panattoni has delivered another development for a highly demanding sector. The developer has completed space within Panattoni Park Kraków West I tailored to the needs of biotechnology firm SyVento BioTech, which is to use the space for advanced pharmaceutical production. The park in Skawina has now been fully leased with spac...

Trei Real Estate, which will focus only on the German, Polish and U.S. markets in the future, continues its focus despite the difficult market environment for developers. As the company has now announced, the development pipeline amounted to EUR 1.9 billion as of June 30, 2023.

Cromwell Property has secured a €66 m green loan for the 61,000 sq m Janki shopping centre in Warsaw. The loan was provided by HSBC Continental Europe, a subsidiary of UK lender HSBC.

Panattoni has completed Panattoni Park Kraków North, its largest project in Małopolska with an area of over 56,500 sqm.

Panattoni obtained a BREEAM Outstanding in the International New Construction system for Panattoni Park Konin. It is already the fourth investment by the developer in Europe with the highest rating in this system.

Immofinanz's consolidated net profit slumped to €-144.5 million in the first half of 2023 (Q1–2, 2022: €162.7 million). According to the company, this was mainly the result of the market-related property write-downs. The results of operations and sustainable FFO 1 from the standing investment business more than doubled to €11...

HB Reavis has recently signed a renewal lease agreement with Ørsted. Al leader in offshore wind farms has extended its current office footprint and expanded it by a further 2,355 sq m. One of the world’s most sustainable energy companies will now occupy a total of 7,160 sq m of space in the Varso 2 building, Warsaw.

According to the latest report from Cushman & Wakefield, gross warehouse take-up stabilized at over 1 million m² in Q2 2023. Furthermore, at the end of June 2023, there was 2.1 million m² under construction, with the relatively strong development activity being driven by higher rents encouraging investors to launch new projec...

The automotive business is growing both in Opolian Silesia and in Lower Silesia. Special economic zones and investments by leading brands such as Mercedes-Benz, Toyota and LG are attracting more vehicle and subassembly manufacturers to the region.

The “Pod Wiatrakami” Retail Park near Słupsk has signed up two new tenants: JYSK, which will take 1,250 sq m, and TEDi, which has opened an 850 sq m store. The complex, which was completed in 2011, is being recommercialised to better address the needs of local inhabitants and align with retail market trends in Poland. A team ...

IGS Schreiner Polska has decided to relocate to a modern warehouse center in the southwestern part of Warsaw, i.e., Panattoni Park Nadarzyn II. Under the signed agreement, the tenant will occupy, 5,060 sqm of logistics and office space.

Polish Chamber of Commercial Real Estate (PINK) has published figures summarizing warehouse market in Poland for Q2 2023. The data is sourced from advisory companies from the commercial real estate sector (Axi Immo, BNP Paribas Real Estate, CBRE, Colliers, Cushman & Wakefield, Knight Frank, Newmark Polska, Savills) and includ...

Panattoni has been granted financing for the development of City Logistics Warsaw IX in Targówek – one of its urban parks in Warsaw. The €10.5 mln loan was granted by Bank Gospodarstwa Krajowego.

Velis Real Estate Tech, one of the fastest-growing PropTech SaaS companies in Europe, has established a partnership with AmRest, the leading European multi brand restaurant operator that manages first class brands such as, KFC, Starbucks, Pizza Hut, and Burger King. The company has implemented the Singu FM system in the Czech...