Full steam ahead for Poland’s industrial and logistics sector
The latest report by BNP Paribas Real Estate Poland shows that in the first three quarters of this year, record demand for warehouses was noted, amounting to almost 4.8...
News
Pandemic unleashes an office fit-out revolution
The Covid-19 pandemic has unleashed another revolution in office design in Poland. Companies attract employees by focusing on their comfort and safety. Over the past 18 months, the situation...
What plots and locations attract the most interest?
The current level of buying activity on the warehouse market shows that lands for warehouse and industrial projects remain in high demand. It is being driven by several overlapping...
EMEA Prime Logistics Yields Close To Converging On Retail
The rampant growth in rents across the logistics sector continues amid a broader recovery in markets as the impacts of the COVID-19 pandemic begin to wane, according to Cushman...
Momentum builds throughout EMEA property markets in Q3
Investment in European property continued to gain momentum in Q3 with the return of big-ticket deals in major markets across the region, according to the latest market snapshot for...
Urban Land Institute and PwC find significant post-pandemic leap in confidence
Emerging Trends in Real Estate Europe 2022, the 19th annual survey by the Urban Land Institute (ULI) and PwC of European real estate sector leaders’ expectations for the year...
Region’s investment and associated sectors celebrated at annual CEE Investment Awards
EuropaProperty has completed its 11th annual CEE Investment Awards at the Intercontinental Hotel in Warsaw. The awards gala was heralded a great success and were well-received by all the...
Is there a green future ahead?
The non-residential green building market is projected to grow by 9 percent a year from $69.01 billion in 2021 to $110.52 billion in 2025. How does the warehouse industry...
Multifamily firmly establishes itself as Europe’s second biggest real estate sector
According to Savills, European multifamily is now firmly established as Europe’s second-biggest real estate sector. At €24.1 billion, it captured 23 percent of the investment activity in H1 2021...
Green office spaces are increasingly valued by employees
The rapidly growing trend of biophilic design, i.e. restoring nature to human surroundings, accompanies us both in commercial and private spaces. The introduction of natural materials, lighting and, of...
Business services in Poland now occupy 3.5 million sqm of office space
The BSS sector is driving growth in Polish cities and dominates the regional office landscape. Companies from this sector account for more than half of leased space outside of...
Poland’s industrial and logistics market is region’s most attractive
Advisory firm AXI IMMO in cooperation with its international alliance of partners Gerald Eve prepared the second edition of the guide to the European industrial and logistics real estate...
The talents that employers fight for on the market
The office is evolving. After months of lockdown, employees now want their workspaces to be comfortable, cosy and less formal. And with lots of greenery in the office and...
Investor sentiment across the CEE region remains strong but volumes are down
According to Colliers, the CEE markets continue to feel some impact on transactional activity with flow volumes down ca. 22 percent Y-o-Y. Poland captured more than half of all...
Why Central and Eastern Europe is the property frontier for SA REITs
Central and Eastern Europe (CEE) has attracted significant interest from South African investors in real estate who have sought to diversify their portfolios and satisfy their appetite for yield-enhancing...
Developers shifting into a higher gear on Riga’s office market
Take-up on the Riga office market in the first half of 2021 reached pre-pandemic levels. Seeing the market’s potential, investors are moving ahead with office development projects focused on...
MDC² to develop speculative project in the Upper Silesia region
MDC2 – a warehouse and industrial developer operating on the Polish market, acquired a new development site that will accommodate a warehouse and logistics project in the Upper Silesia...
Strong H1 performance for Poland’s primary residential market
The primary market in Poland’s largest markets continued its record-breaking performance with 19,500 units sold in the second quarter of this year, resulting in the market’s best H1 result...
Investment in European property gaining momentum in Q2
Colliers has issued its latest market snapshot for Europe, the Middle East and Africa (EMEA), which shows a resurgence of interest in property markets in the second quarter amid...
The PRS market in the CEE region gathering pace and interest from investors
Residential volumes across the CEE region have been limited and averaged out annually at just over €200 million in the past 5 years. The balance between private, owner-occupied dwellings...
High liquidity for Poland’s investment market
Total investment volume in the first half of 2021 in Poland reached €2 billion, says Avison Young. Despite lower volume in comparison to previous years, the number of transactions...
Small Business Units show stable market growth
Colliers has published a report Small Business Units: Small warehouses with great potential. The publication answers a number of important questions about this segment of the industrial market, such...
Romanian hotel market expected to make a full recovery by 2024
The hotel market was by far one of the most affected by the COVID-19 pandemic and is expected to reach a full recovery, in this context, by 2024. In...
Hotel investors stick to key gateway cities
According to the latest report prepared by Cushman & Wakefield and CMS titled “Hotel Investment Scene in CEE – Overcoming the Pandemic & Bridging the Financial Gap”, in 2020,...
Entrepreneurs want to invest in city logistics
The results of the IPSOS survey commissioned by Frontier Estates Polska, in cooperation with Europaproperty.com, carried out among entrepreneurs, investors and professionals on the real estate market clearly confirm...
Polish business service sector on the rise again
The uncertainty caused by the pandemic has directed investor attention to strategies based on nearshoring. The beneficiary of this trend, just as a decade ago, maybe Poland. The disruption...
CEE continues to perform in spite of COVID-19
CEE outperformed other EU countries in 2020 in terms of economics, hopefully returning to a strong income convergence to Western Europe in 2021, according to the report presented by...
Poland’s industrial market powers on
Astonishing gross take-up totalling 1.6 million sqm is the best ever quarterly result for Poland’s industrial market. Developers are also maintaining the pace with 2.3 million sqm under construction,...
Landmark transaction in Serbia: GTC sells office portfolio to Indotek Group
Globe Trade Centre has decided to sell its Belgrade office portfolio to the Hungarian investor Indotek Group. The proposed acquisition price is €267.6 million, exceeding the book value of...
BNP Paribas REIM strengthens its pan-European transactions strategy and governance
BNP Paribas Real Estate Investment Management (REIM) has revealed the new governance of its Investment and Asset Management activities. Headed up by Sigrid Duhamel, Global Chief Investment Officer (CIO),...
Positive sentiment continues on the Polish industrial and warehouse market
According to “Occupier Insight – Industrial and Warehouse Market Q1 2021”, a report prepared by real estate advisory firm Cresa, gross industrial and warehouse take-up climbed to 1.6 million...
Poland is the third most popular location in the world for foreign investors
Poland came third in terms of the inflow of foreign direct investment. The country announced 30 projects worth $1.2 billion. In the international race, only the United States and...
Czech retail park stock tops 1 million sqm
A total of 23 retail park projects with a total area of almost 55,000 sqm were completed in the Czech Republic last year, with the volume of development exceeding...
Europe needs around 8.6 million sqm of warehouse space to meet parcel delivery demand
According to a recent report from Savills, an additional 8.6 million sqm of warehouse space is required by parcel companies in Europe between 2021 and 2025 to keep up...
Why are companies choosing to shift manufacturing to Poland?
Some companies are choosing to relocate production plants from Asia to Poland to diversify business activity and shorten supply chains. On the other hand, western firms are setting up...
AFI Europe and Forte Partners win big at EuropaProperty’s digitally enhanced 16th Annual SEE Real Estate Awards
Recognizing the importance of South-Eastern Europe’s investment and development markets EuropaProperty was proud to host the 16th annual EuropaProperty SEE Real Estate Awards ONLINE. The live event was simultaneously...
EuropaProperty announces the short-list for the SEE Real Estate Awards
The short-list for the upcoming 16th annual EuropaProperty SEE Real Estate Awards and CEO Networking Forum, Southern Eastern Europe’s premier commercial real estate event, dedicated to investment and development,...
Cushman & Wakefield predicts Sheds, Beds & Meds will be 2021 investment winners
“Sheds, Beds, Meds” and other alternative market sectors will dominate the EMEA investment agenda this year, as investors remain risk-averse, focusing on core markets with better long-term growth prospects...
South African Fortress REIT acquires two logistics parks in Poland
South African Fortress REIT has acquired two logistics parks in Bydgoszcz and Stargard from Griffin Property Finance. This is the first direct acquisition in Poland by Fortress REIT and...
EuropaProperty completes digitally enhanced gala to celebrate the region’s retail sector
Cosmetics retailer Hebe, and developers Equilis, Acteeum Group and TREI Real Estate all win multiple accolades at Central Eastern Europe’s top retail awards ceremony. Recognizing the importance of Central...
Savills identifies the top picks for investment in 2021
Savills predicts that core and core+ real estate investors will continue to be attracted by high specification office buildings in key European CBD locations with low vacancy rates such...
Frontier Estates sees steady growth prospects in Poland’s SBU sector
Frontier Estates, a notable European developer, intends to substantially improve the efficiency of storage, sales, office space and logistics for medium-sized e-commerce, light-production and tech clients in the Lower...
Warsaw’s office market is changing
In 2020, office take-up hit its lowest level in ten years amid pandemic headwinds despite the largest-ever single lease contract signed to date and one of the highest volumes...
CTP to build network of logistic parks in Poland, plans to invest €200 million in 2021
CTP, CEE’s largest industrial property developer, enters a strategic partnership with Poland-based MDC² to develop full-service business parks throughout Poland. Construction in the first three locations will start in...
The pandemic is a catalyst for retail change
Close to 130,000 sqm was delivered to the market across all retail formats in Q4 2020, bringing last year’s total new supply to more than 340,000 sqm. Despite pandemic-related...
pbb successfully issued first Green Bond as Senior Preferred Benchmark
pbb Deutsche Pfandbriefbank successfully placed its first Green Bond as Senior Preferred Benchmark with a volume of €500 million on the capital markets. The Bond has a coupon of...
Lease renewals and tech companies dominate in demand structure
In 2020, demand for office space in regional cities was 16 percent lower compared to 2019, the vacancy rate increased by 3.2 percent and the volume of office space...
Poland’s investment volume for 2020 was third-highest in history says Avison Young
COVID-19 has had a great impact on the economy as well as consumer behaviour, which has naturally influenced the property market. The pandemic unexpectedly accelerated changes noticed for the...
Warsaw’s office market waiting for stabilisation
Tenant activity in 2020 was 31 percent lower than in 2019, with developers being much more cautious about launching new developments than in previous years. As a result, this...
Twenty-five new retail brands entered the Czech market in 2020
Although the retail segment is among those affected the most by the coronavirus crisis, this does not show in the number of brands newly incoming to the Czech market,...
Do high streets have a chance of becoming an alternative to shopping centres?
Because of the pandemic, a significant number of Polish consumers are increasingly turning to smaller stores, which are located outside traditional shopping centres. Is this an opportunity for high...
Top commercial real estate trends of 2021 to watch out for
With COVID-19 forcing the Real Estate sector to rethink the way they work, market demand for office space has rapidly changed. As a result, the focus of the office...
Warehouses were the top performing sector in 2020
The industrial and logistics sector has proved resilient to the ongoing Covid-19 pandemic. Indeed, unlike most other parts of the Polish commercial real estate market, it has had a...
Yareal sells two office buildings in the LIXA complex
Yareal closed the final agreement for the sale of the first phase the LIXA complex, which opened its doors to tenants in November. This first stage of the investment...
Is Poland’s office market heading towards oversupply?
The changing structure of demand for offices, and the increasing amount of space aimed at subtenants, raises the question of whether the office sector in Poland is facing the...
Poland remains one of the most attractive warehouse markets in Europe
The Gerald Eve International Alliance of real estate advisory firms, which AXI IMMO is a member of, has prepared a guide of the key industrial and logistics markets in...
S IMMO acquires two office buildings from Skanska in Bucharest
Skanska has sold the Campus 6.2 and 6.3 office buildings in Bucharest to S IMMO AG, an Austrian-based real estate company. This is the buyer’s first acquisition with Skanska...
Poland’s industrial sector displays resilience to pandemic
The industrial market is the fastest-growing commercial real estate sector in Poland, Cushman & Wakefield summarized in its latest report on the country’s industrial market in Q3 2020. Robust...
Savills IM identifies real estate opportunities resulting from the secular shift in capital markets
Central business district (CBD) offices, supermarkets and food-anchored retail parks, as well as logistics assets in key locations across Europe, will present attractive investment opportunities in 2021 as investors...
Demand for logistics real estate in the Baltics is growing fast new deal shows
Newsec in the Baltics advised on the sale of an 18,000 sqm logistics centre owned by BCP Logistics Property III of Norway. The current tenant Vinges Terminalas acquired the...
CEE markets record third highest real estate investment volume on record
According to Savills latest research, total property investment activity in the Czech Republic, Poland, Slovakia, Hungary and Romania for Q1-Q3 2020 was €7.6 billion, the third-highest volume on record,...
Industry leaders place mixed use spaces, client experience and phygital at the heart of their strategies at MAPIC Digital live
Leaders in commercial real estate, retail and leisure have uncompromisingly analysed the transformation of their industry during two days of MAPIC Digital live – new for 2020, with the...
Katharsis Development sells HopStop Siedlce to LCP Properties
HopStop, a convenience retail park in Siedlce, has been sold by Katharsis Development, a Polish developer, to LCP Properties, a British investor. The seller was represented by Avison Young...
VGP and Allianz joint ventures complete a €424 million logistics portfolio purchase
VGP NV (‘VGP’) and Allianz Real Estate, acting on behalf of several Allianz Group companies, announced two successful closings between VGP and two of their 50:50 joint ventures, VGP...
CTP acquires 12 buildings from Cromwell Property Group portfolio located in CTPark Bucharest
CTP, the largest developer and long-term administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, acquired 95,000 sqm of buildings from Cromwell Property...
18-34-year-olds to drive new living real estate demands across European cities
The COVID-19 pandemic is rapidly changing the property landscape across the world as cities are re-imagined. According to JLL’s latest European City Dynamics report, COVID-19 has altered many aspects...
While exercising caution, investors continue to show interest in commercial real estate throughout Poland
The value of investment transactions concluded on the commercial real estate market in Poland since the beginning of 2020 amounts to around €4 billion. Nearly half of the volume...
Redefine Europe acquires M1 Marki from the Chariot Group
The Chariot Group, an investment platform managed by Griffin Real Estate on behalf of an investment consortium, has finalized the sale of the M1 Marki shopping centre. The buyer...
MPC Properties buys Delta City shopping center in Belgrade
MPC Properties, a regional leader in construction and real estate management, acquired Delta City shopping center. This acquisition further strengthened MPC retail portfolio consisting of UŠĆE Shopping Center, the...
Poland’s industrial market set to break more records
Spectacular net take-up of 3.5 million sqm at the end of Q3 was better than any other total for the first three quarters of a year. The Polish market...
Cargus opened nine new warehouses in 2021
As part of the company’s strategy to improve the experience of its customers, Cargus opened 9 new logistics warehouses this year, equipped with modern sorting systems. The location of...
MAPIC successfully brings together retail real estate professionals and leisure operators
According to the organisers, with 50 percent of exhibition space dedicated to leisure operators, MAPIC is set to become the leading international event where two different worlds retail real...
Cornerstone laid at Panattoni Park Głogów for new FM Logistic premises
Panattoni has officially launched its latest project for the e-commerce sector in Lower Silesia. The developer laid the cornerstone for the construction of a 35,000 sqm facility for FM...
Número Uno to use P3 Bucharest A1 as their logistical hub for the CEE region
P3 Logistic Parks (“P3”) announced the consolidation of its partnership with the local subsidiary of the international group Número Uno by signing a long-term lease agreement for the 3,000...
Skyliner attracts global IT giants
Almost 5,000 sqm of space in Skyliner will be occupied by new tenants – DXC Technology and Luxoft. Both companies are leaders in the field of IT services. From...
DL Piano in Katowice gains a new tenant
Reply Polska has leased nearly 1,000 sqm of office space in DL Piano, an office building located in Katowice and developed by DL Invest Group. DL Piano is a...
Accolade continues its expansion in Poland
The Accolade Group currently has 580,000 sqm of warehousing space near the western Polish border and plans to almost double the size of this space shortly. The group continues...
Foster + Partners and JTRE establish Bordeaux-based Le Dôme winery
The ribbon has been cut on the new Le Dôme winery in historic Saint-Émilion village in Bordeaux, France’s most famous wine region. Designed by renowned British architectural studio Foster...
