Housing construction up by 4.5% in October – GUS

In October, the number of dwellings in which construction has started increased y/y by 4.5 percent to 16,275, according to data released by the Central Statistics Office (GUS), in m/m terms it contracted by 4.2 percent. Moreover, the number of dwellings completed decreased by 6.4 percent y/y to 15,5...
Image: Biuro Inwestycji Kapitałowych

Green Factory expands in Sosnowiec

Logistics company Green Factory Logistics has renewed its lease of 1,800 sqm of warehouse space in the Śląskie Centrum Logistyczne complex in Sosnowiec, which is owned by investor Biuro Inwestycji Kapitałowych. The tenant has also taken up an additional 2,700 sqm in the location. The biggest investm...

Major tenant stays at Hines logistics park

Metal products distributor thyssenkrupp has rewened its lease of a total of 6,260 sqm of warehouse and office space at the Distribution Park Sosnowiec logistics park in Silesia, which is owed by Hines Global REIT and asset- and property-managed by Hines Polska. The tenant will stay in the location f...

Regus with another location in Warsaw

Flexible workplace solutions provider Regus has leased 950 sqm of office space in the Villa Metro building in Warsaw’s Mokotów district and plans to launch its new business center there in the second quarter of next year. JLL advised the tenant during the process of selecting the location and negoti...
Image: Marvipol

Marvipol launches new residential project in Warsaw

Warsaw Stock Exchange-listed developer Marvipol has launched sales of apartments in its planned Cascade Residence upmarket residential project in Warsaw. Construction work on the scheme, which will be located on ul. Modzelewskiego in the Mokotów district of the city and will comprise 39 housing unit...
Image: Savills

Morski Park Handlowy in Gdańsk to be expanded

Owner GRP will add another 16,500 sqm of retail space to its Morski Park Handlowy retail park in Gdańsk, which currently comprises 24,500 sqm of GLA and is occupied by such tenants as OBI, Carrefour, Media Expert and Jula. Construction work on the expansion project has already launched and is schedu...

Sepia to introduce new commercial real estate format

Sepia Investment Management, a developer specialized in the construction of Small Business Units (SBU) projects, has announced the introduction of a new commercial real estate format that will combine retail/exposition space with relatively small warehouse and office modules. Called City Link, the d...
Image: Panattoni Europe

Panattoni completes 50,000-sqm project for Castorama

Panattoni Europe has finished construction work on the first phase of a major distribution center project at Stryków in central Poland, which will be occupied by DIY retailer Castorama Polska. The developer has delivered the first 50,000 sqm out of a total of 100,000 sqm planned in the location with...