PL

Zabrze lights up the world

Warehouse & industrial
POLAND IPB Decoration, a lighting producer from Zabrze, produced light decorations and lights for more than a dozen cities in Poland this year. IPB Decoration products can be seen e.g.s on the Main Square in Krakow.

For Krakow, IPB Decoration has created four trees, including an 18-metre-tall fir with over 40,000 lights and light decorations in the shape of bows, angels and sweets. IPB Decoration has also made a city decoration for Opole. Furthermore, light illuminations and Christmas trees from Zabrze can be found this year in Wodzisław Śląski, Dąbrowa Górnicza, Rybnik, Gliwice and in several malls, including Warsaw's Arkadia and Galeria Mokotów. A 10-metre Christmas tree was hung under the ceiling in the latter one. It is also the first in Poland illumination in a mall, which is visible with equal strength after dark and during the day, emphasizes IPB Decoration. Work on some decorations, which have just ornamented cities and malls, lasted up to a year in Zabrze. “Creating illumination is a tedious process because the decorations are made by us manually. Almost every ornament goes through five departments. First, a steel or aluminium structure is created, then needles are assembled, then the decoration goes to the florists and finally to the electricians. Sometimes 10-15 people work on one decoration, for example Santa Claus’ sleigh. Five of them on a simple reindeer. A Christmas tree in Krakow was assembled by 20 people, and work on it lasted four months. Arkadia’s decorations were created for six months,” says Ewa Marcinek, artistic director at IPB Decoration from Zabrze. In 2016 IPB created ornaments in the shape of suitcases and trunks of travellers for the airport in Balice while for the Blue City mall in Warsaw, a decoration in the shape of a spiral Milky Way with planets was created. A decoration consisting of three dragons was designed for the Bronowice mall in Kraków, of which two were ‘flying’ over the heads of customers. In 2016 the company created light tunnels on the market square in Katowice and 3D stars with a height of a few meters in Bytom while Szczecin got a globe-shaped decoration. Illuminations produced in Zabrze appeared on London's Oxford Street, in the shopping centre near the Louvre, at the Christmas market in Japan, in banks in Brazil and Australia, or for the Mall of Africa in South Africa, where decoration referred to the culture of the continent. This year, decorations from the factory in Zabrze flew to: Colombia, Greece, Finland, Australia, Morocco and Russia. IPB Decoration from Zabrze is a company with over 25 years of experience, it specializes in decorations and illuminations for shopping malls, urban space and municipal facilities as well as events. IPB Decoration was responsible for Christmas decorations of urban spaces in Krakow, Katowice, Dąbrowa Górnicza, Opole, Bytom, and Szczecin, as well as shopping malls in Warsaw, Poznań, Lublin and Kraków, among others. The company provides its solutions to 45 countries around the world, including to Japan, South Africa, Brazil, Russia and Morocco. The company's implementations are also Christmas decorations, at the airport in Balice, among others. On a daily basis the company cooperates with clients from over 45 countries.

Latest news

Investment & finance

Poland Newgate buys from Redkom

schedule 25 April 2024
Opr./edited by ANZ

Redkom has announced that it has finalised the sale of a retail park under construction in Bielsko-Biała to Newgate Investment. The 17,000 sqm retail park is scheduled to open in November this year.

Material partner

Poland Excellent Fern at Off Piotrkowska

schedule 04 April 2024
Eurobuild CEE

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.

Investment & finance

Poland A window for investment opportunity

schedule 25 April 2024
Opr./edited by ANZ

Experts gathered at ULI Poland's annual Game Changers in the Real Estate World conference agreed that current market conditions are creating a window of opportunity for real estate investors willing to act quickly and thoughtfully. Smaller transactions by regional players dominate for the time being, but there is hope for a gradual return of major international players to the Polish property market.

Warehouse & industrial

Hungary iLogistic expands at CTPark Budapest West

schedule 25 April 2024
Opr./edited by ANZ

CTP has signed a lease agreement with the logistics service provider for an additional 2,000 sqm, thus the company will occupy a total of 13,000 sqm at the facility.

Retail & leisure

Slovakia Aupark goes green

schedule 25 April 2024
Opr./edited by ANZ

Wood & Company is planning the final third tranche of its acquisition of a stake in the Aupark shopping centre in Bratislava. The facility is currently undergoing an extension, which will increase its space by 6,000 sqm. In the summer, a huge green façade will be built on the new part.

Office & mixed-use development

Germany JTRE enters German market

schedule 25 April 2024
Opr./edited by ANZ

Slovakian developer JTRE is launching its first project in Germany. The Nordhafen Living & Office multifunctional project will be built in the Europacity area in Berlin's Berlin-Mitte district.

Investment & finance

Germany Helaba to co-finance 'Le Coeur' project for Hines

schedule 24 April 2024
Opr./edited by ANZ

Helaba will act as lead manager for its long-standing client Hines in conjunction with the three savings banks in North Rhine-Westphalia, Stadtsparkasse Düsseldorf, Sparkasse KölnBonn and Kreissparkasse Köln, to finance the construction of the 'Le Coeur' project in Dusseldorf. The project has a total lending volume of EUR 270 mln.

Warehouse & industrial

Poland Magnice will be Outstanding

schedule 24 April 2024
Opr./edited by ANZ

GLP has begun construction of the final hall of Wrocław V Logistics Centre in Magnice. The building, with an area of over 67,000 sqm, will be constructed in accordance with the requirements of BREEAM certification at the Outstanding level.

Property and Facility Management

Poland EPP takes over the management of the M1 and Power Parks

schedule 24 April 2024
Opr./edited by ANZ

EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's employees, including local property management teams will join EPP.

Retail & leisure

Czech Republic High Street’s glamour

schedule 23 April 2024
Opr./edited by ANZ

Prague is the only city in the CEE region to boast a Prime High Street, a shopping street with only the most prestigious global brands. This location is Pařížská (Paris) Street, where currently 46 out of 48 available retail units are occupied.

Retail & leisure

Poland Mitiska REIM opens its 10th Karuzela retail park

schedule 23 April 2024
Opr./edited by ANZ

Mitiska REIM has opened a new food-anchored retail park in the Polish city of Świebodzin. Developed in partnership with Karuzela Holding, this is the tenth project undertaken by Mitiska REIM and Karuzela over the past five years, with five more developments planned to open over the next two years. 

Office & mixed-use development

Poland More retail at offices

schedule 23 April 2024
Opr./edited by JC

Already 64 pct of Warsaw’s office buildings offer at least one retail or service unit, reveals Retail @ Office, the latest report from Cushman & Wakefield. With new retail supply remaining low across the capital, retailers and service providers are increasingly looking for alternative locations.

Warehouse & industrial

World Panattoni heads to the Middle East

schedule 23 April 2024
Opr./edited by ANZ

Panattoni announces its expansion into the Middle East with the launch of an operation in Saudi Arabia. The company’s initial focus is on three of the largest Saudi Arabian cities: Riyadh, Jeddah and Dammam. The move marks a milestone for Panattoni in its ambition to capitalise on emerging opportunities in key global markets in the Middle East and Asia.

Office & mixed-use development

Poland Welcome to The Shire

schedule 22 April 2024
Opr./edited by JC

The Shire - Beyond Coworking in the Warsaw Spire C building was opened according to schedule. 40 pct of the 1500 sqm of office space has been leased even before the launch.

Land acquisitions

Poland CTP grows in Poland

schedule 22 April 2024
Opr./edited by JC

CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the opportunity to build approximately 200,000 sqm of leasable space.

Investment & finance

Poland Mount TFI introduces fund of global REITs to WSE

schedule 22 April 2024
Opr./edited by JC

The first fund investing in REITs, Mount Globalnego Rynku Nieruchomości FIZ, made its debut on the Warsaw Stock Exchange.

Warehouse & industrial

Poland Panattoni gets to work in Silesia

schedule 22 April 2024
Opr./edited by JC

Panattoni has begun construction on a new industrial park in Będzin. The first stage of the work, that has already been launched, will comprise a 27,500 sqm building constructed on a speculative basis.

Office & mixed-use development

Poland More companies choose Diuna

schedule 22 April 2024
Opr./edited by JC

Two more companies have become tenants of Diuna, part of the Warsaw portfolio of Syrena Real Estate and PineBridge Benson Elliot. Intrum has leased nearly 370 sqm and Carrier Chłodnictwo took up about 500 sqm in the complex.

Investment & finance

Germany Panattoni Park Voerde changes hands

schedule 19 April 2024
Opr./edited by ANZ

Panattoni has completed a sales transaction in Germany. Clarion Partners Europe has acquired a prime logistics hub for EUR 75 mln near Duisburg.

ESG

Poland Outstanding Kreo

schedule 18 April 2024
Opr./edited by ANZ

Kreo, Ghelamco's Kraków office project, has achieved BREEAM certification at the Outstanding level. The building also has a WELL and Green Building Standard pre-certificate, and is also in the process of Smart Score, Wired Score and "Barrier-free building" certification.

Latest in Warehouse & industrial

schedule 25 April 2024

iLogistic expands at CTPark Budapest West

CTP has signed a lease agreement with the logistics service provider for an additional 2,000 sqm, thus the company will occupy a total of 13,000 sqm at the facility.

schedule 24 April 2024

Magnice will be Outstanding

GLP has begun construction of the final hall of Wrocław V Logistics Centre in Magnice. The building, with an area of over 67,000 sqm, will be constructed in accordance with the requirements of BREEAM certification at the Outstanding level.

schedule 23 April 2024

Panattoni heads to the Middle East

Panattoni announces its expansion into the Middle East with the launch of an operation in Saudi Arabia. The company’s initial focus is on three of the largest Saudi Arabian cities: Riyadh, Jeddah and Dammam. The move marks a milestone for Panattoni in its ambition to capitalise on emerging opportunities in key global markets in the Middle East and Asia.

schedule 22 April 2024

Panattoni gets to work in Silesia

Panattoni has begun construction on a new industrial park in Będzin. The first stage of the work, that has already been launched, will comprise a 27,500 sqm building constructed on a speculative basis.

schedule 17 April 2024

The warehouse giant in Targówek has woken up

The JV of Partners Group and Peakside Capital Advisors has completed the construction of the first warehouse facility in City Point Targówek. The 7,000 sqm building fully leased to DPD Polska is the part of a complex which will provide nearly 100,000 sqm space in the biggest park of last-mile logistics in the Warsaw boundaries.

schedule 17 April 2024

Hillwood makes its debut near Poznań

Hillwood Polska has started its first investment in the Poznań market. As part of the Hillwood Poznań - Czempiń project, the company is building a warehouse complex of nearly 130,000 sqm.

schedule 16 April 2024

The logistics park in Sulechów is ready

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.

schedule 16 April 2024

CTP builds for Quanta

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.

schedule 16 April 2024

Fresenius stays with Prologis

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.

schedule 12 April 2024

Panattoni delivers in Krakow

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.

schedule 12 April 2024

Marelvi is set to stay at MLP Bucharest West

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. 

schedule 10 April 2024

Midocean takes more and more

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.

schedule 08 April 2024

Hermes by the German border

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.

schedule 04 April 2024

For the seventh time for K-Flex

Panattoni is developing another BTS project for K-Flex – an international manufacturer of elastomeric thermal and acoustic insulation materials. A seventh building of 20,000 sqm in the warehousing and manufacturing complex in Uniejów will be completed in June this year.

schedule 04 April 2024

Maracana won't move out

Maracana, a company specialising in transport, warehousing, logistics and distribution services, has renewed its lease contract for 5,000 sqm at the MLP Bucharest West logistics park.

schedule 03 April 2024

Etron has chosen CTP

CTP has leased 3,600 sqm of production space at CTPark Oradea Cargo Terminal to Etron Technology. The Asian EMS company is a supplier for PCBA, with customers focused mainly on fields like industrial control, medical, automotive, communications, new energy, and high-end consumer products.

schedule 03 April 2024

Accolade picks up Chomutov plot

Czech warehousing investor Accolade has acquired for an undisclosed sum a 20 ha plot from two international owners in Chomutov in the Ústí nad Labem region for an industrial-logistics development.

schedule 28 March 2024

Panattoni has secured millions

Panattoni has won financing for the development of its latest development in Western Pomerania. The EUR 20 mln loan was granted by mBank.

schedule 27 March 2024

Malaysian debut in Poland

Malaysian retail chain, MR D.I.Y., begins operations in Polish market at Hillwood Zgierz I. The company has leased nearly 5,000 sqm at the park to set up its first logistics center in Central Europe.

schedule 27 March 2024

7R enters Czech market

The 7R Group has been granted permission to build a warehouse in the Czech Republic. This is the first foreign project for the company, which has experienced dynamic growth in Poland for 15 years. The value of the investment comes to more than EUR 30 mln.

Edition 4 (287) April 2024

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