Coffee with Craig Show – daily CRE news covering the CEE region, Friday, October 7, with Winston Norman, Editor and Chief of EuropaProperty.com.
Greenberg Traurig advised Generali on the acquisition and development of land in Kraków
Greenberg Traurig advised Generali Real Estate on the acquisition of undeveloped plots located near Kraków. The transaction agreement is with MDC2 regulating the planned development of land with a multi-stage logistics facility known as MDC2 Park Kraków South.
MDC2 Park Kraków South is a development project for a distribution and logistics hub to be developed in three phases and comprises three buildings, with a planned total GLA of more than 90,000 sqm on an area of over 19 ha.
“We are very pleased to have advised Generali on their first deal with MDC2 related to a logistics project that will be built in accordance with the concept of sustainable development and implement ESG criteria,” said Radomił Charzyński, Deputy Managing Partner.
CTP starts €150 million investment in Bulgaria
Industrial developer CTP has kicked off a new €150 million investment program to develop over 200,000 sqm of prime warehouse space in Bulgaria over the next two years. The company will also take over two logistics centres in the capital Sofia from Bulgarian logistics developer and operator Transcapital, as part of the investment efforts.
The purchased projects comprise nine warehouse facilities and three offices totalling over 73,000 sqm. The two sites also offer the potential to construct another 11,000 sqm and include building permits for 20,000 sqm of warehouse development.
“By accelerating our expansion strategy here, and as the only major international developer operating in Bulgaria, we will be well positioned to meet growing occupier demand from both domestic and global companies for institutional quality logistics and industrial real estate,” said Remon Vos, CEO of CTP.
Skanska’s P180 office building in Warsaw is ready
Skanska has completed works on the P180 office building, located at the Wilanowska metro station. The building received an occupancy permit, which means that the Warsaw office market has gained an additional 32,000 sqm of office space. IT specialists from the international Netcompany moved into the newly commissioned office building, which offers the tenant 6,000 sqm of space.
P180 meets the standards of the most demanding certificates: LEED Platinum, WELL Core & Shell, WELL Health-Safety Rating and Building without barriers.
“Despite the unstable times and challenges faced by the development market, we are completing our project on schedule “, says Robert Ryś, Project Manager at Skanska’s commercial development business unit in CEE.
“Innovative solutions that go hand in hand with environmental care are extremely important to us. That is why we chose a Skanska building that stands out for its energy, eco-friendly design, and 21st-century solutions”, says Krzysztof Pierański, Country Managing Partner in Poland at Netcompany.
