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» Chronological View: " Poland " «

Strong Q1 for industrial sector with two million sq m under construction

The first quarter of 2019 proved to be a very good one for the industrial sector in Poland - the gross take-up exceeded 800,000 sq m with more than 620,000 sq m being delivered to the market, and approx. two million sq m under construction, according to a report by JLL. Total demand – which doesn’t take into account short-ter...
Wednesday, 15. May 2019

Warsaw’s office stock nears the 5.5 million sq m mark

Cushman & Wakefield summarises the Warsaw office market in Q1 2019 in its latest report “Marketbeat – Warsaw Office Market In Q1 2019”. In the first quarter of 2019, leasing activity hit 140,100 sq m (-28.8% y/y), of which more than 101,000 sq m (-36% y/y) was transacted under new deals and expansions. Looking ahead, however,...
Monday, 13. May 2019

Kajima and Griffin buy Student Depot from Oaktree

Kajima Student Housing has acquired in partnership with Griffin Real Estate Partners Student Depot, Poland’s largest provider of student accommodation, from Oaktree Capital Management.
Monday, 13. May 2019

Atrium agrees €298 million disposal of Polish retail assets

Atrium European Real Estate Limited has entered into an agreement to sell two Polish shopping centres to ECE European Prime Shopping Centre Fund II, managed by the fund managing company ECE Real Estate Partners, for €298 million, representing around 3% premium to book value as at 31 March 2019. The transaction is subject to t...
Monday, 13. May 2019

Logistic Park Tychy signs up a tenant for 10 years

Aweco Polska Appliance has leased nearly 13,000 sq m of additional production and office space on behalf of its parent company SANHUA under a new contract at a logistics park Logistic Park Tychy. Cushman & Wakefield was responsible for negotiations with the tenant on behalf of an investment fund Deka Immobilien.
Tuesday, 7. May 2019

Developers still doing well

Following a turbulent period due to issues with new supply, the primary residential market is slowly stabilising. Prices are rising, but not as rapidly as before.
Tuesday, 7. May 2019

Panattoni Europe builds 73,000 sqm of space in Tychy

Panattoni Europe has embarked on the construction of Panattoni Park Silesia South in Bieruń, 7 km from the centre of Tychy. The project will total 73,000 sqm, and its first tenant is Havi Logistics, poised to take up 13,000 sqm. The 35,000 sqm to be delivered in phase one of the project will be available already in the coming...
Thursday, 2. May 2019

LaSalle acquires office property in central Warsaw on behalf of Encore+

LaSalle Investment Management has managed the acquisition of an office building, Wronia 31, with excellent sustainability credentials in Warsaw’s City Centre west zone from Ghelamco, on behalf of the pan-European fund Encore+. This dynamic market is the fastest developing market and is emerging as a major business location in...
Thursday, 2. May 2019

Galeria Mlociny unveils the opening date

Galeria Mlociny, one of the biggest shopping and entertainment venues in Warsaw, has unveiled its opening date. Set to launch on May 23, it will comprise 82,000 m² of GLA with 76,000 m² allocated to retail and F&B, and 6000 m² used for office space. The centre will feature over 200 shops and 36 restaurants, 10 screen multiple...
Wednesday, 1. May 2019

Havi Logistics expands its warehouse network in Poland

Havi Logistics expanding its warehouse network in Poland. The logistics service provider is moving into new locations in Silesia and Warsaw. In Panattoni Park Silesia South, Havi Logistics has leased 13,100 sq m of warehouse space. Furthermore, the company has decided to occupy 1,800 sq m at City Logistics Warsaw II, which i...
Tuesday, 30. April 2019

LC Corp sells two office buildings in Katowice and Wrocław for €113 million

LC Corp SA has signed preliminary sales contracts for two office compounds – Silesia Star in Katowice and Retro Office House in Wrocław. This is the first deal of this kind in LC Corp SA’s history and a harbinger of a new strategy for office property. The contracts signed with Ingadi and Artigo is more than €113 million. The ...
Wednesday, 24. April 2019

Cromwell signs lease with major gas company in Poland

Cromwell Property Group has signed a new lease with the leading gas company in the Polish market,a company from Polskie Górnictwo Naftowe i Gazownictwo Capital Group - PGNiG Obrót Detaliczny sp. z o.o, on 1,500 sqm of office space at Innova Work Station, located in the Mokotow District of Warsaw. PGNiG Obrót Detaliczny joins ...
Tuesday, 16. April 2019

Krakow leads the way among regional markets

Krakow continued its lead among regional city office markets in 2018. Its total office stock reached 1,257,500 sq m, of which 155,200 sq m was delivered in 2018 alone. 2019 is set to be an even better year with more than 190,000 sq m of office space scheduled for completion across 17 new projects, according to Cushman & Wakef...
Monday, 15. April 2019

Panattoni expands Warsaw market with contruction of Panattoni Park Warsaw South Janki

Work has started on Panattoni Park Warsaw South Janki. Panattoni Europe is expanding its portfolio of distribution parks in the Warsaw market and has embarked on the construction on the 70,500 sqmdistribution centre. The site has already got its first tenant. Rohlig SUUS Logistics, which will take up 48,500 sqm. The park wil...
Monday, 15. April 2019

Panattoni Europe sets up its sixth project for Amazon

The cooperation between Panattoni Europe and Amazon continues. The real estate company will set up sixth project, an e-commerce logistics centre totalling in excess of 44,800 sqm, for the online retailer. The logistics centre will be delivered in Pawlikowice near Łódź, providing permanent jobs to more than 1000 people. The in...
Friday, 12. April 2019

BioFeed leases entire building in Gdansk

BioFeed has entered a major deal, signing a lease agreement for over 5,540 sq m of warehouse space and 620 sq m. of office space in the Royal Business Park complex, which is located in Gdansk. BioFeed in the lease transaction was represented by the consulting company AXI Immo.
Thursday, 11. April 2019

Strabag moves to a new office in Lublin

Strabag is relocating to a new office in Lublin, To this end the construction company has leased more than 1,000 sq m of office space at Point 75 in Lublin. Point 75 offers Class A office and retail space. It is located in northern Lublin, at 75 Spółdzielczości Pracy Avenue, right next to the main road providing access to the...
Wednesday, 10. April 2019

M7 acquires €45m of office assets for new €120m Polish fund

M7 Real Estate announces that, on behalf of M7 Polish Active Fund, it has acquired three multi-let office assets in Poland in separate transactions for a total of €45 million which will form the first tranche of capital deployed for the Fund. These acquisitions come as M7 has raised circa €38 million from almost 30 HNW and i...
Monday, 8. April 2019