Imagine in Łódź secures first tenants

Developer and investor Avestus Real Estate has signed online marketing company Bluerank for its Imagine office project in Łódź. The company, which is the first office tenant at the scheme, has leased over 2,000 sqm for the period of seven years. Meanwhile, Kids&Co. (a bilingual kindergarten) and...

Poland’s investment market outperforms Europe’s in H1

The total volume of investment transactions in the commercial property market in Europe reached more than €97 billion in the first half of this year, which marks a 5% decrease y/y, according to Savills data. The H1 investment volumes in the UK and Germany went down by 9% and 7% respectively, while t...

Neinver to build Warsaw retail park

Developer Neinver plans to launch a retail park project in Warsaw, which will be located next to the company’s Factory Ursus outlet center in the Ursus district. Called Futura Park Ursus, the scheme will comprise 9,000 sqm of retail space and house 12 tenants including a grocery supermarket and a st...

LPP leases over 3,500 sqm at Tkalnia mall

Fashion retailer LPP has leased more than 3,500 sqm of retail space at the Tkalnia shopping center project which investor A&A is now developing in Pabianice near Łódź. The tenant will open stores of its Reserved, House and Sinsay brands at the mall. The Tkalnia scheme, which will comprise approx...

Zeitgeist to open dormitory in Warsaw

Prague-based developer and asset manager Zeitgeist Asset Management has acquired, on behalf of a German fund, a ten-floor office building located near the bank of the Vistula river in central Warsaw, which it wants to transform into a student dormitory. The company sees much potential in the student...

Just Gym in Poznań’s M1 mall

Fitness club chain Just Gym has leased approximately 2,000 sqm of space at the M1 shopping center in Poznań and will start operating at the mall in the first quarter of next year. Colliers International represented the tenant in the transaction. The M1 shopping center was opened in 1998. It comprise...

Murapol and Awbud to cooperate more closely

Residential developer Murapol and general contractor Awbud have signed a letter of intent regarding their cooperation in the years 2019-2021. In accordance with the document, Awbud will build approximately 25% of the total amount of usable space in the residential projects which Murapol will develop...