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» Chronological View: " Poland " «

Trei borrows €42 million in mixed financing arrangement from Helaba

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...
Wednesday, 16. September 2020

Topping out of Forest in Warsaw

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 ...
Monday, 14. September 2020

Savills IM purchases a prime logistics unit in Łódź from Invesco

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.
Friday, 11. September 2020

Panattoni boosts e-commerce in the Tricity by leasing 52,000 sqm

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...
Friday, 11. September 2020

Warsaw West Railway Station area with the prospect office location?

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...
Wednesday, 9. September 2020

Griffin appointed Damian Osiak as Associate Investment

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.
Wednesday, 9. September 2020

Germany and CEE lead growth in European investment

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.
Wednesday, 26. August 2020

Pekaes comes to Panattoni Gdańsk Airport

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.
Monday, 24. August 2020

Trei opens its 18th retail park in Poland

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...
Friday, 21. August 2020

Panattoni starts works on the 9,000 sqm City Logistics Warsaw Airport II centre

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.
Thursday, 20. August 2020

Skanska buildings ready to achieve the new WELL Health-Safety Rating as first in CEE

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...
Thursday, 20. August 2020

Trei borrows over €51 million in cross-border financing arrangement

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...
Monday, 17. August 2020

Just six European capitals have seen a rental prices drop in the last year

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...
Thursday, 13. August 2020

Katowice office market demonstrates growth potential

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...
Tuesday, 11. August 2020

Skanska invests €65m in Budapest and €76m in Warsaw

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.
Monday, 10. August 2020

Polish industrial market performs strongly in H1 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.
Monday, 10. August 2020