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» Chronological View: " Poland " «

TAG to take over Polish Vantage Development

Today, TAG Immobilien AG signed via TAG Beteiligungs- und Immobilienverwaltungs GmbH, a 100% owned subsidiary, an investment agreement to acquire 100% of the shares in Vantage Development S.A. („Vantage Development“) with a simultaneous carve-out of its commercial real estate business which will be repurchased by the selling ...
Monday, 11. November 2019

Globalworth acquires Cavatina offices in Warsaw, Krakow

Globalworth has acquired Chmielna 89 office building in Warsaw and Tischnera Office in Krakow. The office projects, both developed by Cavatina Holding, will offer a total of approx. 60,000 m² of leasable space. The purchase price was not disclosed.
Monday, 4. November 2019

Occupier activity hits a record high on the Warsaw office market

Accoring to Cushman & Wakefield at the end of September 2019, Warsaw’s total office stock reached nearly 5.6 million sq m, of which 61,700 sq m was delivered across five projects completed in the third quarter of the year. The largest office completions included Wola Retro (Develia, 24,500 sq m), Generation Park Z (Skanska Pr...
Tuesday, 29. October 2019

CEREIT acquires office building in Poznań for €88.8 million

Cromwell European Real Estate Investment Trust (CEREIT) has completed the acquisition of the Business Garden business park in Poznań, Poland for €88.8 million from Vastint Poland. The property will be managed by CEREIT’s sponsor, Cromwell Property Group, through its integrated European investment management platform.
Monday, 28. October 2019

Cresa advises on two lease agreements in Ruda Śląska and Gdansk

Cresa Poland has advised on two warehouse lease agreements in in Ruda Śląska and Gdansk on behalf of the tenants. Delta Trans has leased more than 7,100 sqm of warehouse and office space in Hillwood Ruda Śląska. Moreover SIG has renegotiated its lease for more than 1,300 sqm of warehouse and office space in the Gdansk-Kowale ...
Wednesday, 23. October 2019

Housing is rising slower, but consistently upwards

Sales of new apartments measured jointly for the six largest markets in Poland increased by 6% q-o-q. The late boom in Poznań and Łódź means records may be broken by the close of the year.
Wednesday, 23. October 2019

Panattoni Park Gdańsk Airport gets underway

The logistics park Panattoni Park Gdańsk Airport near the Tricity Airport gets underway. The distribution centre with close to 107,000 sqm has already got a stamp of approval from BBK S.A. – 68,500 sqm of the facility will be used as a multifunctional warehouse for home&you, a leading brand of interior furnishing articles. Co...
Wednesday, 23. October 2019

CEREIT acquires two office assets from Brassa for €80m

Cromwell European Real Estate Investment Trust has completed the acquisition of two office buildings in Kraków for a total of €80 million from Brassa SP. The properties will be managed by CEREIT’s sponsor, Cromwell Property Group, through its integrated European investment management platform.
Wednesday, 23. October 2019

Warsaw office market with record-breaking demand

The third quarter on the Warsaw office market saw record-breaking demand and closed with an impressive 284,000 m². This means that nearly 690,000 m² has been leased since the beginning of the year. At the same time, the vacancy rate is gradually decreasing with companies increasingly choosing pre-let contracts. JLL summarizes...
Wednesday, 23. October 2019

Stable growth on Poland's retail market

Over the last decade the country's retail sector has grown by nearly 40%. The increasing maturity of the sector has changed how new stock is distributed and has motivated landlords to diversify their offer.
Friday, 18. October 2019

Avison Young in Poland poaches investment director from Knight Frank

Avison Young team in Poland is expanding by appointment of Marcin Purgal – experienced director, active on Polish and CEE commercial property markets for ca. 15 years. He is taking the position of Senior Director in the Investment Advisory Department.
Wednesday, 16. October 2019

Segro acquires 17.7 ha near Wrocław

Segro has acquired a 17-hectare plus land in Biskupice Podgórne near Wrocław. The property, located near Wrocław and by the Pietrzykowice interchange of the A4 motorway, close to Nicolaus Copernicus Airport, was acquired to build a new industrial and warehouse park Segro Logistics Park Wrocław.
Tuesday, 15. October 2019

Oxenwood makes Poland logistics debut

Oxenwood Real Estate has acquired a newly-developed logistics facility near Warsaw from a joint venture between Panattoni Europe and Bluehouse Capital for €13.5 million.
Monday, 14. October 2019

The new flavours of food courts

Shopping centres, which are an integral part of Polish people’s lifestyle, are evolving with demographic, cultural and economic changes. In the past five years, food zones in about 50 shopping centres have been expanded or modernised, significantly improving their quality, extending their culinary offer and adding functions t...
Monday, 14. October 2019

Knight Frank hires new managing partner in Poland

Daniel Puchalski has joined Knight Frank Poland as Managing Partner. In his role, he will directly oversee the transaction teams. Daniel has over 25 years of professional experience. Prior to joining Knight Frank, he specialized in land investment consulting and led broker teams in international advisory companies.
Monday, 7. October 2019

Westfield launches ten sites in Continental Europe

The launch of Westfield Mall of Scandinavia marked the close of a series of music events to launch the Westfield brand at ten Unibail-Rodamco-Westfield (URW) flagship centres across Europe. The performances featured A-list artists who performed at events in France, Poland, the Czech Republic and Sweden throughout September to...
Monday, 7. October 2019