Locked content Oxygen Park sold

Yareal has sold its office complex Oxygen Park to Golden Star. The value of the transaction has not been disclosed. Oxygen Park features 18,000 sqm of office space and is 100 percent leased. Its tenants include Merck, Fujitsu Technologies, Sodexo, Lionbridge, Grupa Wirtualna Polska, and Agfa Graphic...

Waimea opens logistics park near Ukraine

Waimea Holding has opened the first stage of Logistic Park Korczowa, located in Młyny, next to the Korczowa border crossing to Ukraine and close to the A4 highway.  The entire complex will comprise three buildings, altogether featuring 50,000 sqm of logistics and manufacturing space.

Locked content Adamed opens new R&D center; earmarks PLN 60 million on R&D ...

Polish pharmaceutical group Adamed has opened a new R&D center in Pieńków, north of Warsaw.  The group has spent PLN 900 million on R&D over the past 15 years and has earmarked PLN 60 million for 2016. The opening ceremony was attended by a number of high-ranking Polish government official, ...

Hines buys office scheme in Warsaw

Hines Poland Sustainable Income Fund has acquired the Nestlé House office building (formerly known as Pacific Office Building), located in Warsaw’s Mokotów district, from Kronos Real Estate. The value of the transaction has not been disclosed.

ULI Poland: Competitive Cities Conference

Over 150 leaders in the real estate industry from both public and private sectors will discuss important trends and factors in what shapes a competitive city, and what city authorities, investors and developers are doing to enhance Poland’s regional and global competitiveness, at the 1st annual conf...

Ghelamco’s Warsaw Spire with record-high lease

Developer Ghelamco has confirmed it signed a lease agreement for a record 22,000 sqm in Building A of its Warsaw Spire complex, currently under construction in Warsaw’s Wola district. The developer did not specify the tenant, however earlier reports point to it being Samsung. The deal was signed for...

Business Garden Poznań delivered

Vastint Poland has delivered 42,000 sqm to the Poznań market within the first phase of the Business Garden office complex, consisting of four buildings. The entire development will comprise nine buildings, located at the intersection of ul. Marcelińska and ul. Bułgarska in Marcelin, western district...

CEE investment volume at €1.44 bln in Q1 – JLL

The volume of commercial real estate investment transactions in CEE reached €1.44 billion in Q1 2015, according to preliminary estimates by JLL. The Czech Republic accounted for nearly half of that sum, €731 million, followed by Poland with €458 million and Romania (€140 million).