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» Chronological View: " Poland " «

Echo Investment posts net profit of €12 million

In the third quarter, Echo Investment posted the net profit of €12 million (PLN 50 million). The main contributors were: signing final sale agreements of 238 apartments, increase in the value of projects under construction, the sale price increase of the Q22 building, dividend from EPP as well as the compensation for the expa...
Wednesday, 29. November 2017

Panattoni Europe completes stage one of construction of a distribution centre

Panattoni Europe has completed stage one in the construction of a distribution centre for Castorama Polska. The developer has delivered 50,000 sqm out of 100,000 planned. One of the largest investments in Poland is going up in Strykow and it will provide logistics support which will enable the DIY/home improvement chain in Po...
Tuesday, 28. November 2017

Regus launches its new business centre in Warsaw

Regus has signed a new lease agreement in the Mokotow district of Warsaw. Experts from JLL advised Regus on the processes of selecting the new location and negotiation of lease terms. The landlord - Blue City Sp. z o.o. – was represented by CBRE.
Monday, 27. November 2017
Eurogate Logistics moves into Astrum Business Park

Eurogate Logistics moves into Astrum Business Park

Eurogate Logistics has leased 866 sq m at the Astrum Business Park in Warsaw. Irydion Sp. z o.o., the owner of the complex, was represented in the transaction by Cushman & Wakefield. The Astrum Business Park is located in Warsaw’s Włochy district, at the crossroads of Jerozolimskie Avenue and Lupuszanska Street, in close prox...
Monday, 27. November 2017

Industrial and Logistics Agency of Cushman & Wakefield hires three new members

The Industrial and Logistics Agency of Cushman & Wakefield has expanded again its team in response to the market demand and growing number of assignments for clients across Poland in the last few months. The new employees are Aleksandra Bartminska-Strawa, Konrad Jacewicz and Renata Krzyzanowska. Aleksandra Bartminska-Strawa w...
Monday, 27. November 2017

European shopping centre development slows but pipeline remains strong

Shopping centre development activity in the first half of 2017 increased total floorspace across Europe to 160.8 million sq m at the midpoint of the year, according to Cushman & Wakefield. In the first half of the year 825,000 sq m was delivered to the market in Central & Eastern Europe (CEE), compared with 344,000 sq m in We...
Thursday, 23. November 2017

Deutsche Hypo is financing the shopping centre Galeria Baltycka

Deutsche Hypothekenbank is financing the „Galeria Baltycka“ shopping centre in Gdansk for real estate company Shopping-Center Galeria Baltycka GmbH und Co. KG sp.K. The financing volume amounts to almost € 81 million, of which 50% will remain with Deutsche Hypo on a long-term basis.
Thursday, 23. November 2017

Panattoni Europe delivers e-commerce logistics centre for Amazon

Panattoni Europe has completed the construction of another e-commerce logistics centre for Amazon. The facility with total useful floor area of 161,500 sqm was erected in Kolbaskowo in the space of ten months and is one of the most advanced projects dedicated to online retail. More than 3,000 robots have been put in place to ...
Thursday, 23. November 2017

Cushman & Wakefield and ShareSpace join up

In September 2017, Cushman & Wakefield signed a strategic partnership agreement with Polish start-up ShareSpace, recognizing the rapid growth of modern coworking office space for start-ups and SMEs, and changing office lease preferences of large corporations. Both partners will work together to further their expansion and pro...
Wednesday, 22. November 2017

Northern Aerospace enters the Euro-Park Mielec SEZ

Northern Aerospace has entered the Euro-Park Mielec SEZ. Cushman & Wakefield has been contracted to prepare tender documentation for land acquisition and obtaining a permit to operate in the Special Economic Zone Euro-Park Mielec, Trzebownisko Subzone, for Northern Aerospace Sp. z o.o., which will produce aircraft components ...
Wednesday, 22. November 2017

Real estate investments are not slowing down

Poland and the Czech Republic remain the leaders in Central and Eastern Europe, where the total acquisition volume amounted to some 60% of all the region’s transactions in H1 2017.
Wednesday, 22. November 2017
EPP bolsters Retail Asset Management team

EPP bolsters Retail Asset Management team

EPP with the dynamic expansion of its portfolio decided to build a specialised leasing and asset management department. The new team will handle all portfolio and asset management functions, including the commercialisation and re-commercialisation of available space.
Tuesday, 21. November 2017

Developers are active, but less inclined to risk

The good macroeconomic performance of the Polish economy is having a positive effect on the warehouse market. Since the beginning of the year, demand has exceeded 2.54 million square metres, spurring on subsequent investments – in Q3 an impressive result of 1.34 million m² of modern warehouse space was under construction. Dev...
Tuesday, 21. November 2017
MDDP stays in Mokotowska Square in Warsaw

MDDP stays in Mokotowska Square in Warsaw

MDDP renewed its office lease agreement for 1,500 sq m in the Mokotowska Square building located in the very centre of Warsaw. Knight Frank, sole agent, acted on behalf of the Deka Immobilien fund, the property owner, in the leasing process.
Tuesday, 21. November 2017

Lionbridge moves to Astrum Business Park

Lionbridge Poland has leased 3,000 sq m of modern office space in Astrum Business Park office complex in Warsaw. Experts from JLL advised Lionbridge on the processes of selecting the appropriate location and negotiation of lease terms.
Monday, 20. November 2017
More than 4,000 sq m leased to LPP in Waterside in Gdansk

More than 4,000 sq m leased to LPP in Waterside in Gdansk

LPP signed yet another lease agreement in the Waterside building in Gdansk. The company took up an additional 1,770 sq m., and now leases over 4,100 sq m in the property. Knight Frank, sole agent, acted on behalf of Deka Immobilien, the property owner, in the leasing process.
Monday, 20. November 2017
Papa John's pizza chain leases space at the Ideal Distribution Center

Papa John's pizza chain leases space at the Ideal Distribution Center

Papa John’s is expanding its presence on the Polish market and is leasing nearly 1,600 sq m of warehouse, production and office space in Warsaw’s Okęcie district. The brand owner used Axi Immo’s commercial real estate consultancy services in the lease process.
Friday, 17. November 2017