Retail & leisure
Centrum Černý Most, a shopping centre in the Prague region, is set to undergo a significant expansion of 9,100 sqm that will add over 30 new shops and restaurants, as well as additional screens to the centre’s multiplex cinema.
Material partner
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.
Office & mixed-use development
The structure of The Bridge skyscraper in Warsaw's Wola district has reached its final height, i.e. 174 m. The builders have just completed the last technical floor. Installation and finishing works inside the facility and the assembly of the facade are in progress.
Retail & leisure
Redkom Development sold 100 pct of shares in the company holding the Glinianka complex. The retail park, located near Warsaw, has been bought by CEE-Big Europe.
Warehouse & industrial
Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a European members-only online destination for premium and luxury off-price fashion. The building has a total area of 136,000 sqm, which makes it one of the largest logistics centres in the region.
Warehouse & industrial
CTP has signed a deal with Quanta Computer, a Taiwanese company that manufactures computers and electronic hardware, for a 22,500 sqm production facility at CTPark Jülich in northwest Germany.
Warehouse & industrial
Medical company Fresenius Medical Care has renegotiated its lease of 3,900 sqm of warehouse space and 120 sqm of office space in Prologis Park Poznań.
Events
We regret to inform you that Piotr Kroenke, long-time general director of GTC and co-creator of many of the company's successes, has passed away.
ESG
BIK Park Sosnowiec II has successfully passed the BREEAM certification at the Very Good level. Last year, BIK Park Wrocław I and II - two other properties from the portfolio of Biuro Inwestycji Kapitałowych - went through the same assessment process.
Investment & finance
According to the special research report Romania Retail Destinations 2024, released by CBRE Romania, by the end of 2024 the stock of modern retail spaces in the country will overpass 4.5 mln sqm. It will set a new record for Romania.
Warehouse & industrial
Panattoni has built another facility in Lesser Poland, City Logistics Krakow Airport II. The investment was made on a speculative basis and already has its first tenant – Allegro.
Warehouse & industrial
Marelvi, a distributor of electronics and home appliances in Romania, has extended its lease agreement for more than 8,100 sqm of space at the MLP Bucharest West logistics park.
Eurobuild CEE
The next edition of our monthly magazine is now available both in paper and digital versions! Traditionally, the new issue was first sent to our conference guests, and then to all readers!
Warehouse & industrial
Panattoni has launched the construction of Panattoni Park Ruda Śląska IV. A major tenant has already been found with Midocean to lease 20,000 sqm of storage space, including an extension option for a further 10,000 sqm.
Investment & finance
Mitiska REIM has sold a 6.7ha land plot to Momentum Leisure to develop a theme and water park which will further reinforce the offering of the Europa Centralna retail center, located in Gliwice.
ESG
CTP, in cooperation with Ruby Project Management, has received the highest level of the WELL certification for its project Domeq in Brno. It's the first residential investment in the country to meet the criteria.
Investment & finance
Hillwood has increased its loan with Millennium Bank to EUR 29 mln for the construction of phase II of the Park Hillwood Zgierz I project, located in Central Poland, 2.5 km from the A2 motorway entrance and 15.5 km from the A1 motorway junction.
Warehouse & industrial
Panattoni has finished the construction of a logistics centre for Hermes Fulfilment. This is the first project that has been built for the company in Poland.
Office & mixed-use development
Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value negotiations, all driven by a market with limited deliveries. After the first three months of this year, the office sector in Bucharest shows a positive fluctuation in terms of total leasing activity, being 71 pct higher than the same period last year.
Eurobuild FM
Welcome to Eurobuild FM! We invited an excellent expert to the today's episode – distinguished structural engineer Tristram Carfrae, deputy chair of world-renowned design consultants Arup gave us an exclusive interview.
M Core announces the launch of ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new management platform for the M Core portfolio of 25 retail parks across Romania.
The Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, located in the Expozitiei area of Bucharest. As a result, the portfolio managed by the company’s asset services department reached almost 500,000 sqm.
CPI Property Group has appointed CBRE as manager of its Serbian Stop Shop retail park portfolio. It comprises 14 retail parks in 14 cities and more than 120,000 sqm of leasable area.
Savills will become the manager of the Lakeside office building. The complex is currently the largest development being built outside the central part of the capital. Atenor is responsible for its development.
Savills is to manage Okam's F.S.O Park development in Warsaw's Żerań district, covering the operation of the existing warehouse and office space.
Tattersall Lorenz has been appointed property manager of Schroder portfolio with a lettable area of over 230,000 sqm. The firm will also provide support for letting management and an ESG service contract for the properties.
According to Savills latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.
Tattersall Lorenz has been chosen by Oxford Properties and Norges Bank Investment Management (NBIM) to undertake the technical and commercial property management as well as accounting of the Sony Center at Potsdamer Platz in Berlin.
Talyo Property Services commenced the property management of the 'roomments.apartmenthouse' in Stuttgart. The cooperation started last month and covers commercial and technical property management as well as letting and warranty management of the property completed in 2019.
Tattersall Lorenz will take over both the technical and commercial property management for a GLP Germany portfolio of 46 properties commencing April 1, 2023.
Cushman & Wakefield has taken over the management of a portfolio of three shopping centres and one retail park acquired from Tesco last year by the Hungarian Adventum Group.
Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.
Business Campus, an office complex in Katowice with a combined area of close to 50,000 sqm, has a new property manager. Its owner, a joint venture of the Czech fund INVESTIKA realitní fond and Luxembourg-based private equity investor Bud Holdings, has entrusted real estate advisory firm Savills to provide property management for the complex.
Colliers has been appointed property manager of four buildings of Łużycka Office Park and also of Łużycka Plus in Gdynia, which were recently acquired by a joint venture between Czech-based Investika realitní fond and Luxembourg-registered Bud Holdings.
MVGM has signed an extension to its property management contract for the retail and service space in five office buildings in Poland owned by PineBridge Benson Elliot and Sharow Capital.
Colliers has joined forces with Hungarian-based accessibility certification company Access4you in the Czech Republic. The two companies will assist people with special needs and disabilities to integrate themselves better into daily business life regardless of the type of work environment.
Following a tender, Allianz Real Estate has appointed Multi Corporation to be the property and asset manager for the Central shopping centre in Bratislava.
German facility management specialist Apleona has acquired Polish counterpart FM Solutions. The terms of the deal have not been disclosed.
Savills has acquired Knight Frank’s commercial property and asset management team in Poland. Under the agreement, 35 employees have joined Savills while its Polish PM portfolio has surpassed 1.2 mln sqm.
CPI Property Group is to provide asset management services across the region to Immofinanz, following its recent acquisition of a controlling stake in the latter company.
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory ...
According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated b ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
BIK Park Sosnowiec II has successfully passed the BREEAM certification at the Very Good level. Last year, BIK Park Wrocław I and II - two other proper ...
Eurobuild Awards 2023 is behind us, but if you haven't yet gotten your hands on the special "Eurobuild" supplement prepared for the Gala evening, you ...
The next edition of our monthly magazine is now available both in paper and digital versions! Traditionally, the new issue was first sent to our confe ...
Welcome to Eurobuild FM! We invited an excellent expert to the today's episode – distinguished structural engineer Tristram Carfrae, deputy chair of w ...
We regret to inform you that Piotr Kroenke, long-time general director of GTC and co-creator of many of the company's successes, has passed away.
This latest episode of 'Eye to Eye' is hot out of the podcast oven and ready to listen to! Eurobuild’s guest today is Paweł Sapek, the head of Prologi ...
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
CPI Property Group has sold a 50 pct stake in a subsidiary that owns eight hotel properties in the Czech Republic to Bratislava-based Best Hotel Prope ...
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held th ...
The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
According to the special research report Romania Retail Destinations 2024, released by CBRE Romania, by the end of 2024 the stock of modern retail spa ...
Slovak investment fund Prvý realitný fond, through its company Logis Rugvica, has acquired a plot of land in the area of the village of Sveta Helena n ...
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the constr ...
The structure of The Bridge skyscraper in Warsaw's Wola district has reached its final height, i.e. 174 m. The builders have just completed the last t ...
M Core announces the launch of ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new managem ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
One United Properties has concluded a memorandum of understanding with CPI Property Group for the acquisition of a 21 ha site close to the Eroii Revol ...
Centrum Černý Most, a shopping centre in the Prague region, is set to undergo a significant expansion of 9,100 sqm that will add over 30 new shops and ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a European members-only online des ...
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
Walter Herz
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...
The retail sector is not slowing down
The retail sector is not slowing down
Walter Herz
The pandemic, conflict in Ukraine as well as inflation and high interest rates that recent years have brought have reshaped the real estate market around the world. The global slow ...
Retail parks – current opportunities
Retail parks – current opportunities
Avison Young
Over the last few years, retail parks in Poland were mostly developed in smaller formats, around 5,000 sqm, either adding to the existing retail landscape or introducing modern ret ...