Hotel operators confident of a market recovery by 2024
Though significantly affected by the COVID-19 pandemic and its impacts, the hotel market sees activity and interest from hotel operators. In the CEE & SEE regions, they are showing...
News
Provident Polska extends lease in Gdański Business Center
Savills Investment Management (Savills IM), the international commercial real estate investment manager, has prolonged a lease agreement in the Gdański Business Center office park in Warsaw. The company that...
Widok Towers opens stunning showroom
S+B Gruppe has recently finished furnishing its 500 sqm showroom on the 10th floor of Widok Towers owned by the German Investor Commerz Real. The 27-storey building rises up...
SPAR Poland opens two EUROSPAR supermarkets in Bydgoszcz
The EUROSPAR Supermarket at Nakielska Street, the main road leading to the centre of Bydgoszcz, has a sales area of 955 sqm. The other store at Grzymała is slightly...
Marvipol Development sells three residential projects in Warsaw
Greenberg Traurig advised companies in the Marvipol group on the conclusion of preliminary agreements regarding the development and sale of residential and commercial units in three build-to-rent residential projects...
Poland’s housing market in good shape
Total new units sold in Poland’s six largest markets in 2020 exceeded 53,000, a mere 19 percent y/y decline during the pandemic. Maintaining market prices meant that in terms...
Panattoni completes Phoenix Contact E-Mobility factory in Rzeszów in record time
Panattoni has completed a BTS manufacturing facility for Phoenix Contact E-Mobility in Rzeszów. The facility has been built on time thanks to the great support from local authorities of...
Polish construction industry likely to make recovery in H2 2021
December turned out to be a good month for construction companies and producers of building materials, according to the latest monthly report by research company Spectis, “Construction market in...
Polish commercial investment volume tops €5 billion in 2020
According to real estate advisory firm Savills, the investment volume on the Polish commercial property market reached €5.29 billion during 2020. The key driver was the industrial sector, which...
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...
FLE acquires the Brama Portowa office building in Szczecin
Vastint Poland has sold the Brama Portowa office building complex in Szczecin. The new owner is FLE SICAV FIS managed by FLE GmbH from Vienna. Vastint was supported in...
Allegro leases over 26,000 sqm in Poznan’s Nowy Rynek development
E-commerce giant Allegro has leased over 26,000 sqm in the Nowy Rynek complex in Poznan. The company will start moving into its new office in the second quarter of...
