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Poland

Panattoni starts building of new logistics park in Zgierz

Panattoni is launching the construction of a new speculative centre in the Łódź region. The project is to have an eventual size of close to 30,000 sqm and is located at a strategic point in central Poland thus providing excellent conditions for logistics operations as well as for distributing goods on a national or internatio...
Tuesday, 21. May 2024

Maciej Kaminski becomes Head Of Business Development at AXI Immo

As of May 2024, Maciej Kaminski joins the AXI Immo Services team as Head Of Business Development. His main task will be formulating and implementing business development strategies and negotiating and concluding contracts in the company's business area. His extensive industry experience will significantly contribute to the co...
Tuesday, 21. May 2024

AXI Immo headquarters to stay in Spektrum Tower

AXI Immo decided to extend its current lease and choose a new space for its expanding business lines in the Spektrum Tower office complex. Modernizing the Warsaw office ensures the new interiors are consistent with the company's DNA. Joanna Kowalewska, Bartosz Oleksak and Jakub Potocki from the office department were responsi...
Thursday, 16. May 2024

Cromwell sells retail portfolio for €285m to Star Capital

Cromwell Property Group sells six retail centres across Poland, held by the Cromwell Polish Retail Fund, to Star Capital Finance for €285 million. The portfolio totals more than 219,000 sq m and includes rights in six shopping centres: Janki in Warsaw, Kometa in Toruń, Korona in Wrocław, Tulipan in Łódź, Ster in Szczecin and ...
Thursday, 16. May 2024

Skanska sells Studio B in Warsaw to Stena for €86 m

Skanska has sold the Studio B office building in Warsaw to Stena Real Estate AB. The project, designed and built in accordance with ESG principles, brings to the Wola district not only future-focused architecture but also sustainable construction. This is already third transaction between the two parties in Central and Easter...
Thursday, 16. May 2024

TAG continues positive operating business performance in Q1

In operational terms, the first three months of the financial year 2024 were a very successful quarter for TAG Immobilien AG. FFO I, which includes the German and Polish rental business, rose by 5% year-on-year to €44.6m (€+2.0m).
Tuesday, 14. May 2024

Fire destroys Mirbuds shopping center „Marywilska“

A major fire in Warsaw has destroyed the city's largest shopping centre with around 1400 shops. The fire broke out in the Marywilska 44 shopping centre in the Bialoleka district in the early hours of the morning, firefighters said. The shopping centre is part of the portfolio of Mirbud Capital Group.
Monday, 13. May 2024

Neopak opts for Panattoni Park Warsaw South IV

Panattoni has a new tenant for one of its industrial parks in the Warsaw region. Industrial packaging distributor Neopak is to move its main warehousing facilities to Panattoni Park Warsaw South IV, where it is to occupy over 10,500 sqm of warehouse and office space.
Monday, 13. May 2024

Medivet to move into Fortress Logistics Park Bydgoszcz

Medivet has leased more than 6,500 sq m of warehouse and office space in Fortress Logistics Park Bydgoszcz. The company leased nearly 6,200 sq m of warehouse space and approx. 400 sq m of office space. The new space is expected to be fully built and delivered to Medivet in December 2024, with the relocation scheduled for earl...
Friday, 10. May 2024

Golden Star hires two experts for key roles

Golden Star Estate has its team reinforced by two experts in the field: Małgorzata Głowicka has joined as Group Chief Financial Officer and Magdalena Ruta has been appointed as Head of Asset Management.
Wednesday, 8. May 2024

CPIPG and Sona sign €250m equity investment deal in Poland

CPI Property Group has signed a commitment agreement with Sona Asset Management regarding a proposed equity investment of €250 million in Poland. The equity investment would consist of a significant minority stake in a CPIPG subsidiary holding a portfolio of eleven office properties in Warsaw and two retail assets located in ...
Thursday, 2. May 2024

Full basket, low tickets

According to Aulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young, the total investment volume in 2024 was €364 million, the weakest first quarter result in recent years.
Friday, 26. April 2024

Newgate redevelops Outlet Bialystok into Wysocki Retail Park

Newgate Investment planned and implemented the processes of reconstruction and recommercialization of the former Outlet Bialystok project located in Bialystok at 67 Wysockiego Street with an original GLA of 13,336 m².
Thursday, 25. April 2024

Shrinking supply of prime office space in central Warsaw

According to „Office Occupier - Warsaw Office Market, Q1 2024“, a report published by the real estate consultancy Newmark Polska, the Warsaw office market is entering a period of increased focus on the reuse and refurbishment of office buildings.
Thursday, 25. April 2024