Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: " Poland " «

Cordia launches Warsaw resi scheme

Cordia has started construction of its tallest residential property ever in Warsaw. Being built on the shore of Vistula river, the 164-apartment premium-class building offers easy access to any part of the Polish capital. The 18-floor residential building is scheduled to be completed by the third quarter of 2021. The company ...
Friday, 13. September 2019

O3 business campus in Krakow sold to EPP

Echo Investment S.A. has sold the office building complex O3 Business Campus (Stage III) in Krakow to EPP Development 6 sp. z o.o. for €40.3 million through their subsidiary Echo-Opolska Business Park sp. z o.o. sp. k.. The deal was finalised on 11 September 2019. The building is situated in Krakow at ul. Opolska and al. 29 L...
Friday, 13. September 2019

Panattoni Europe completes Kitron factory in Grudziądz

Panattoni Europe has completed the construction of the first Polish manufacturing facility for Kitron, a Norway-based electronics manufacturing services company. The 8,200 sqm factory was delivered in the BTS formula in Grudziądz at the Pomeranian special economic zone. By the end of 2020, it will provide jobs to 150 people.
Tuesday, 10. September 2019

GRAI index reveals encouraging signs for Germany, Ireland, Spain and Portugal

There is currently no shortage of apocalyptic scenarios when it comes to the “bricks and mortar” retail sector. A weaker economy and increasing signs of a cyclical downturn are providing ammunition for the prophets of doom rather than arguments for investors looking to buy. At a time when entire markets and sub-sectors are be...
Tuesday, 10. September 2019

Szczecin's office market expands

The first half of 2019 witnessed two new office completions in Szczecin totalling nearly 3,500 sqm, whilst another 27,300 sqm is expected to be added to the city’s stock by the end of this year due to a Cushman & Wakefieldreport. Szczecin is the smallest office market in Poland. Its total office stock amounts to more than 161...
Monday, 9. September 2019

Cromwell clebrates the re-opening of Janki shopping center

Cromwell Property Group re-opened its Janki shopping center in Warsaw, following the completion of a major €65 million expansion and refurbishment. The center has been expanded by 21,000 sqm to total 94,000 sqm of lettable space. According to the investor, in the first five days since opening, the centre was visited by approx...
Friday, 6. September 2019

Panattoni Europe builds forklift factory for Linde in Kołbaskowo

Linde's new forklift factory in Kołbaskowo near Szczecin will be built on an 18-hectare site and feature close to 44,000 sqm. Development is going to start this year and the total capital expenditure on this project amounts to over €60 million.
Thursday, 5. September 2019

Skanska sells office portfolio for €214m to Credit Suisse

Skanska sells office portfolio in exceptional locations with high economic and environmental sustainable elements in Wroclaw and Krakow. The Nowy Targ in Wroclaw and High5ive in Krakow have attracted both excellent tenants and investors. These two projects have just been sold to real estate funds managed by Credit Suisse Asse...
Thursday, 5. September 2019

Mountpark appoints Mario Sander as Managing Director, Central Europe

Mountpark has appointed Mario Sander as Managing Director, Central Europe with immediate effect. Sander will lead the developer’s operations in Poland, Czech Republic and Slovakia as well as developing new opportunities for customers in Germany and Austria.
Thursday, 5. September 2019

Metro deal largest transaction in Central Europe in 2019

In August, Metro Properties has finalized the largest transaction in Central Europe in 2019 with a total volume exceeding €250 million. The real estate companxy of Metro AG has sold 11 Cash & Carry stores in Poland, Hungary and Czech Republic in a sale-and-leaseback transaction. The considerable portfolio has been acquired by...
Thursday, 5. September 2019

The investment land market remains active

Commercial land prices have been stable over the first half of 2019, while prices for residential sites continue their rising trend at a slowed pace. “The investment site market remains active, predominantly in the residential and industrial sectors. However, as prices of apartments have reached record high levels, developers...
Thursday, 5. September 2019

Daszyńskiego Roundabout aspires to become Warsaw’s largest business district

Occupier demand for office space in Warsaw has been largely driven by financial, insurance and IT sectors for several years now. In response to the growing occupier interest in office buildings in the city centre, developers have stepped up development activity, with nearly 850,000 sq m scheduled for delivery by the end of 20...
Thursday, 5. September 2019

Panattoni Europe to construct Zory park

Panattoni Park Żory in Upper Silesia has a planned space of 80,000 sqm comprising two warehousing halls. Construction of the first 40,000 sqm is set to begin in Q3 2019 and completion planned for Q1 2020.
Wednesday, 4. September 2019

More than 17 million square metres of warehouse space in Poland

The Polish warehouse market is experiencing an upward trend, with both supply and demand at a high, stable level. In the first half of 2019, developers delivered nearly 1.1 million sq m of new warehouse space, which took the total stock in Poland to over 17 million sq m.
Wednesday, 4. September 2019

Echo Investment starts residential project at Mińska street in Wrocław

Echo Investment has just started working on excavating the foundations of its project Osiedle Stacja 3.0. Osiedle Stacja 3.0 is being built in a district called Muchobór Wielki. Almost 240 comfortable apartments will be developed in a quiet, green area at Mińska street in Wroclaw.
Monday, 2. September 2019

Globalworth lease 4,000 sqm at two office buildings in Warsaw

During the first half of 2019, tenants signed lease contracts totalling 4,000 sqm in Lumen and Skylight, two office buildings located in Warsaw. In all of these transactions, the building's owner, Globalworth Poland, was represented by a team of experts from JLL.
Monday, 2. September 2019

Warsaw office market sees a year of consolidations and records

The supply of newly-constructed large-scale projects has led companies to revise their office leasing strategies, which resulted in more than 400,000 sqm transacted in the first half of the year. Among the most notable deals are the consolidations of head offices by such companies as mBank, Getin Noble Bank and Warta. 2019 is...
Monday, 2. September 2019

1.1 million sq m of new industrial space was delivered to the market

Total industrial stock in Poland now stands at 16.9 million sq m. Gross take-up in the first half of 2019 exceeded 1.6 million sq m. In addition, over 1.1 million sq m of new space was delivered to market and 2.2 million sq m is under construction, according to JLL's summary of the situation on Poland's industrial market at t...
Friday, 30. August 2019