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Trei Real Estate GmbH just took out an unsecured loan in a volume of 42 million euros from the German bank Helaba. It involves an innovative financing structure that Trei employed in similar form for the first time when taking out a loan from the same lender in late 2019. The successful model includes corporate finance elemen...
The second-largest Polish development from HB Reavis – Forest – has reached a major milestone. Its six and nine storey, campus-style building has been topped out, and the adjacent tower has passed its tenth floor. The Warsaw project will also feature a number of environmentally-friendly innovations – including a unique glass ...
Savills Investment Management (Savills IM) has acquired another logistics unit in Łódź. The property was purchased from Invesco Real Estate, on behalf of the Savills IM European Logistics Fund 2 (ELF 2), which now owns 26 properties in Europe.
Panattoni is continuing to strengthen its position in Pomerania as the local infrastructure rapidly improves in the region and the e-commerce segment booms. One of Panattoni’s existing customers, Globalway – a supplier of (among others) toys, furniture, sports accessories and interior furnishings produced in China – has decid...
The analysis of the new supply in the office market in Warsaw shows, as expected, after the office hub in Służewiec, a new location with total office stock exceeding one million sqm is the area around Rondo Daszyńskiego. Among the current office locations, Warsaw West Station may unexpectedly gain popularity in the coming yea...
Griffin Real Estate has appointed a finance specialist Damian Osiak as Associate Investment. He will be responsible for the development of European Logistics Investment (ELI) platform. In his role, Damian Osiak will also focus on investor relations and debt financing.
Germany and Central Eastern Europe (CEE) reported investment turnover growth across commercial real estate in H1 2020, despite the effects of Covid-19 in Q2, according to Savills latest European Investment Spotlight.
Panattoni is extending Panattoni Park Gdańsk Airport to meet the needs of a new tenant. Logistics operator Pekaes is to take up 11,500 sqm with a further 4,000 sqm secured for its future expansion. From March 2021 the tenant will have both traditional warehouse and cross-docking space at its disposal.
Trei Real Estate GmbH opened its 18th retail park under the Vendo Park brand in Poland. The retail property is located in Solec Kujawski in the Kuyavian-Pomeranian voivodeship. The town of around 16,000 residents is located a two-hour drive south of Gdansk. The new Vendo Park provides a lettable area of around 3,000 square me...
Panattoni has announced another Warsaw development, which is to be built on a 1.9 ha site next to the S7 junction with the S8 expressway just a few kilometres from Warsaw's Chopin Airport. City Logistics Warsaw Airport II will have an area of 9,000 sqm and construction work is to begin in August.
Nine Skanska buildings in the CEE region are applying for the new WELL Health-Safety Rating. The newest International WELL Building Institute rating is awarded to high quality office spaces with top safety standards that reduce the risk of disease transmission and facilitate creating healthy and safe workplaces in the post-CO...
New research from Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging hotspots for data centre development in Europe.
Trei Real Estate GmbH just took out a long-term loan in a volume of 51 million euros through its Polish subsidiary, Trei Real Estate Poland, from pbb Deutsche Pfandbriefbank. The loan represents a cross-border financing arrangement and breaks down into two tranches of five and ten years, respectively. It is collateralised wit...
The latest research from the international rental marketplace, Spotahome, has revealed that just six European capitals have seen the cost of renting fall over the last year. Spotahome analysed monthly rental data across each capital city in the EU, as well as London, and found that the cost of renting has increased by 3% on a...
Panattoni has sold two warehouse facilities in Łódź to a partnership between Kajima Properties Europe and Savills Investment Management on behalf of its Asian client. The halls, with a total area of almost 145,000 m², were built as part of the Central European Logistics Hub.
According to Cresa Poland report “Occupier Economics: Office Market in Katowice H1 2020”, office take-up hit more than 26,500 m² in the January-June period, accounting for 55% of the annual average for 2015-2019. The second quarter recorded 6,140 m² of leased space. Renegotiations accounted for the largest share of the leasin...
Skanska invests €65m, about SEK 670m, in the first phase of the new office complex H2Offices located in Budapest. It will offer a total leasable area of about 26,000 m². The construction contract is worth about €39.5m, about SEK 406m, which will be included in the order bookings for Europe in the third quarter 2020.
The Polish industrial market continues its strong momentum. Both take-up and supply reached high levels in H1 2020, say experts of Cushman & Wakefield, summarising the first half of 2020 on the industrial market in Poland.
