Poland

Warsaw is one of the top ten cities for data center development in the category of power cost and environmental risk, reveals Global Data Center Market Comparison, a report from Cushman & Wakefield.

M7 Real Estate has completed a c. 3,600 sq m office letting at Mokotow Plaza in the Sluzewiec district of Warsaw, Poland, on behalf of M7 Polish Active Fund.

Varso Tower officially became the tallest building in Poland when the roof height topped out at 230m. However, with the addition of its 80m, 73 tonne spire, its new architectural height means it now holds a new record. The new Warsaw landmark now reigns as European Union’s tallest building, surpassing even the skyscrapers of ...

A joint venture of Cornerstone Partners and Crestyl Group have signed a contract to acquire Polish resi developer Budimex Nieruchomości for over PLN 1,5 bn.

The development of e-commerce and the accelerating urbanisation process is translating into a growing stock of urban warehouses in Poland which currently stands at approx. 1.6 million sqm, with the prospect of further growth.

Eagle JVCo, the investment vehicle established in 2019 between Vienna-based Value One and Nuveen Real Estate on behalf of its parent TIAA, has agreed to acquire a portfolio of purpose-built student housing and two development sites.

In 2020, total warehouse take-up hit close to 5 million sq m for the first time in history, representing a 24% increase year-on-year. New leases and expansions accounted for nearly 70% of that total, equating to approximately 3.45 million sq m.

Panattoni is to launch its latest project in the Wrocław area. Panattoni Park Wrocław East will be built in Dobrzykowice – just off the city’s eastern bypass. By September 2021, the developer will have completed 24,516 sqm of class A warehouse space in one building. This is to be the first such modern distribution facility on...

Construction of a modern, fully automated center located in the vicinity of Radzymin, a town near Warsaw, started in mid-January of this year. The project for Żabka Polska, the convenience store chain, is set to be completed in 2022. The center is going to be equipped with innovative automated solutions, which will not only a...

According to the latest report from Savills, 314,000 sq m of new office space came to the Warsaw market in 2020, bringing the city’s total office stock to 5.9 million sq m. This marks the second highest amount of space in the history of the Polish capital, following the previous peak in 2016. Despite increased caution being s...

The 100,000 m²+ Łódź-based asset represents the second transaction on behalf of the Vestas European Strategic Allocation Logistics Fund. VESALF I is a pan-European logistics investment fund launched in partnership with Vestas Investment Management in late November 2020.

Katarzyna Pankiewicz has joined the Golden Star Group. With over 25 years of experience on international real estate markets, she is responsible for leasing office properties from the company’s Polish portfolio, with a particular focus on Oxygen Park complex in Warsaw.

Panattoni is preparing 36,500 sqm of warehouse space for Grupa Allegro, a large online shopping platform in Europe. The company is to move into A2 Warsaw Park, which is a huge development with one fully commercialised building of over 100,000 sqm. The new location will allow Allegro to develop its logistics platform to serve ...

International Campus GmbH has expanded its management team with the appointment of Michael Stapf. The manager joined IC in late 2020 and as Chief Investment Officer (CIO) is responsible for driving growth through investments, acquisitions and project development. While Germany, Austria and the Netherlands are core regions ...

Hansainvest Real Assets has achieved its next leasing successes in Warsaw and Brussels: Credit Suisse remains anchor tenant at Atrium 2. Furthermore, an office property in Brussels has reached full occupancy now that a new anchor tenant has been found.

Ghelamco has started preparations for the construction of The Bridge skyscraper. The building will stand at the intersection of Towarowa and Grzybowska streets, next to Plac Europejski (European Square). It will offer first-class office space.

Automobile Dacia, the largest Romanian car manufacturer, extended its lease for the 69,000 sqm occupied in Pitești Industrial Park, a project owned by Globalworth, under the umbrella of the Globalworth Industrial sub-brand. The leasing contract for Pitesti Industrial Park has been extended for a period of 10 years.

Panattoni has bought an 8.2-hectare site in the Annopol neighbourhood of Warsaw to develop City Logistics Warsaw IV, featuring approx. 40,000 sqm. The facility’s attractive location, next to the S8 route, will ensure efficient domestic and international transport. There will also be a tram terminal in the direct vicinity of t...