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According to the latest report from Newmark Polska, Krakow's total office stock will surpass 1.8 million sqm in 2023, posting an annual growth of 5.5%. Occupier demand remains strong despite global economic headwinds. Krakow is mainly targeted by tenants from the technology, financial and modern business services sectors.
Panattoni has unveiled the potential of new markets. Upon completing the first building of Panattoni Park Piła, the developer immediately launched the development of another with an area of 38,500 sqm and now the work is entering the final stage. A total of 85% of the new space is to be occupied by Ceva Logistics, the world l...
Panattoni has been awarded financing to develop Panattoni Park Łódź West II – one of the biggest industrial projects in the western part of Łódź. A loan of €25 mln has been granted by mBank.
Panattoni is expanding its portfolio of locations in the Krakow region. In Niepołomice, the developer has commenced construction of Panattoni Park Kraków East IV, which will be completed in May 2024. Omega Pilzno - a Polish logistics operator - has already leased the entire space.
CTP has started construction on three new business parks in Poland totalling more than 215,000 sqm of leasable space. The new parks in Łódź, Częstochowa and Bydgoszcz reflect CTP’s entry into new regional markets in Poland.
Panattoni completed the fit out of its new space in Warsaw Spire in the third quarter of this year and moved into an office with a total area of 4,500 sqm. In the six years since the company moved into the office tower, it has increased the area of its lease by 250% while at the same time more than doubling the number of empl...
Panattoni has launched the construction of City Logistics Kraków III, the latest 25,000 sqm development on the city limits of Poland’s former capital. Walraven is to occupy almost 4,500 sqm.
Panattoni is expanding its portfolio within the boundaries of Łódź. The developer has started the construction of the first hall within Panattoni Park Łódź West II, which will occupy 70,630 square meters. Almost half of this space will be taken up by Rohlig SUUS Logistics.
Panattoni has completed a logistics centre for DHL Parcel. The 32,000 sqm centre in Robaków is going to be the developer’s third industrial development in Poland to be awarded a BREEAM certification rating of Outstanding.
AXI Immo is strengthening its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
Last Thursday Warimpex celebrated the opening of its third office building in Kraków, the Mogilska 35 Offices. The taxonomy-compliant property has 11,900 m² of space, is located in the immediate vicinity of the city centre and is named after its address on Mogilska Street. There are also Warimpex office buildings at numbers 4...
pbb Deutsche Pfandbriefbank has provided a €120mn investment loan facility to a Logistics Fund, managed by GLP Capital Partners. The fund will utilise the proceeds for the refinancing of the development of a logistics portfolio in the Czech Republic, Poland and Hungary. pbb acted as arranger and sole lender under the facility.
Panattoni had developed 21,700 sqm in Zgierz for Regesta. The logistics operator is to start using around 16,000 sqm already this year, after which it is planning to expand by a further 5,670 sqm in the first half of 2024. Newmark Polska represented the tenant during the negotiations.