Coffee with Craig Show – daily CRE news covering the CEE region, Wednesday, September 21, with Winston Norman, Editor and Chief of EuropaProperty.com.
Generali Real Estate buys MDC2 Park Kraków South
Generali Real Estate has completed the acquisition of MDC2 Park Kraków South, a logistics development project in Poland. The development will be carried out in collaboration with MDC2, a warehouse and logistics space developer operating in the Polish market.
MDC2 Park Kraków South is a development project for a distribution and logistics hub, which will be developed in three phases and comprise three buildings, for a planned total GLA of more than 90,000 sqm.
In line with Generali Real Estate focus on sustainability, MDC2 Park Kraków South is designed with ESG at its core and aims to reach the BREEAM New Construction Excellent certification thanks to the best practices and requirements in terms of sustainability.
Pierre-David Baylac, Head of Logistics at Generali Real Estate, commented: “This development project will enrich the GRELF Fund portfolio, mainly composed of logistics parks in France, Italy and Poland, with a new park fully in line with our high-level sustainability requirement.”
“We have selected this development due to its outstanding location but also a very low availability of industrial space in this part of Poland,” said Maciej Madejak, Chief Development Officer of MDC2.
Panattoni starts construction of 90,000 sqm BTS for BestSecret
Panattoni has begun construction of 90,000 sqm in Panattoni Park Sulechów III for BestSecret – an online platform for premium and luxury off-price fashion.
The project will also have the possibility of expanding by another 42,000 sqm. BestSecret supplies goods to 27 countries in Europe, and the new location will be a key link in the company’s supply chain.
“At present, more than 30 per cent of industrial facilities in Poland are dedicated to the e-commerce sector,” said Aleksandra Kucharek, Development Director, Panattoni.
Oasis Group starts second phase of Prima Shopping Center
Oasis Group has started the second development phase of the PRIMA Shopping Center project in Sibiu, with a total investment of €30 million.
Klaus Reisenauer, Partner within the Oasis group, commented “Retail parks are the big winners of the pandemic and maintain their tendency to be a safe and preferred shopping destination for Romanians.”
In the next phase of development several large retail anchors will be inaugurated.
“We will bring important brands to Sibiu, and some of them even for the first time for this region, such as Tedi, Fressnapf and Terranova,” said Oana Agachi, Head of Leasing within the Oasis Group.
“With the help of green energy, we will significantly reduce energy costs, in parallel with the reduction of greenhouse gas emissions,” said Kurt Wagner, Partner of Oasis Group.
Hyperoptic leases 5,000 sqm in BIGZ
British company Hyperoptic has leased 5,000 sqm in the newly restored BIGZ business centre in Belgrade. The transaction was brokered by Coreside Savills.
Hyperoptic has been present in the Serbian market since 2011. According to company sources, it delivers advanced Internet solutions, with fibre optic technology and gigabit speed 21 times faster than the national average.
The renovation of BIGZ is planned to be completed by the end of the first quarter of 2023. BIGZ business centre is owned by Marera Properties.
“We are proud to be recognized as an experienced partner to companies that are seeking new office space, and to be participating in the process of leasing space in such a monumental building as BIGZ,” says Djordje Stanisavljevic, Head of Office Segment at Coreside Savills.
“We are very pleased that we will have an opportunity to offer the best working conditions to our employees in the BIGZ business centre,” says Boris Dragovic, Chief Strategy and Development Officer at Hyperoptic.