Coffee with Craig Show – daily CRE news covering the CEE region in PANATTONI CAFE with Publisher Craig Smith and Winston Norman, Editor & Chief of EuropaProper.com.
Solid Capital and 1 Asset Management select Pekabex for PBSA project in Warsaw
Solid Capital Europe and 1 Asset Management have selected Pekabex for the construction of a purpose-built student housing project located in the Mokotów district of Warsaw. The 7,500 sqm facility for students and young professionals will accommodate 360 beds.
Joao Saracho, Managing Director at Solid Capital Europe, said: “Pekabex’s reputation for excellence and innovation aligns perfectly with our vision for this development, and we are confident that their expertise will play a crucial role in bringing our vision to life.”
“We have chosen prefabrication technology for this PBSA project as it speeds up the construction process, reducing it from 18-21 months to just 15 months,” says Matas Mockeliūnas, Student Housing Fund Partner at 1 Asset Management.
Construction on the development is expected to be completed by Q3 2025.
Alior Bank grants Panattoni financing for a TRILUX factory
Panattoni has been granted financing to develop a factory for global lighting expert TRILUX. The loan was granted by Alior Bank.
The factory in Świdnik will have an area of 23,000 sqm and will form a part of TRILUX’s strategy for sustainable development. By shortening transportation links to its European customers, the company will be able to reduce its carbon footprint. The building is to undergo BREEAM certification for a rating of Excellent.
“This will be of strategic significance to the company’s expansion on an international scale,” says Karina Trojańska, the Chief Financing & Operating Officer at Panattoni.
Harden builds a factory for Samsung Electronics in Poland
General contractor Harden Construction has completed a production and warehouse hall for Samsung Electronics – a facility with an area of over 60,000 sqm. The factory will house new lines for the production of household appliances.
“This facility, due to its purpose and the technological solutions introduced, required us to learn very precisely about the specific nature of the future activities that will be conducted there,” said Paweł Fiuczek, Managing Director at Harden Construction.
The facility is set to obtain a BREEAM EXCELLENT certificate, confirming the highest quality of investment implementation, the best construction materials and pro-ecological solutions.
One United Properties makes land purchase in Bucharest
Romanian developer One United Properties has purchased a 21-hectare land plot in Bucharest. The company plans to start a new residential development that will feature around 5,000 homes.
The land was purchased from Immofinanz Romania, part of CPI Property Group, according to local sources. “This move is a strategic response to market trends and the increasing call for sustainable, accessible living options,” said Victor Căpitanu, Co-CEO of One United Properties.