Pbb refinances Warsaw office buildings

Lender pbb Deutsche Pfandbriefbank has provided a €27-million loan to companies managed (on behalf of a German institutional investor) by GLL Real Estate Partners, which will be used to refinance the Griffin House and Liberty Corner office buildings in Warsaw. Both properties are located in the cent...

Poland’s warehouse stock exceeds 15 mln sqm in Q3

Over 683,000 sqm of warehouse space was completed in Poland in the third quarter of this year, which brought the country’s total existing stock to more than 15 million sqm, according to a recent report by Colliers International. This means that over the last five years, the stock doubled, the study ...

LC Corp planning major office building sale

Warsaw Stock Exchange-listed developer LC Corp has revealed it earlier this year signed a letter of intent with a number of international entities investing in commercial real estate regarding the sale of four office properties across Poland: Wola Center and Wola Retro (under construction) in Warsaw...

Globalworth acquiring Warsaw’s Lumen and Skylight buildings

Investor Globalworth Poland has signed a preliminary agreement for the purchase of the Lumen and Skylight office buildings in Warsaw from Unibail-Rodamco-Westfield for a total of €190 million. The transaction, which marks the buyer’s biggest acquisition so far, is expected to be finalized by the end...

Bonarka offices in Kraków topped out

Investor TriGranit has topped out building “H” in its Bonarka for Business (B4B) office complex in Kraków. The 10,000-sqm property is scheduled to be completed in the second quarter of next year. The B4B complex currently comprises seven completed buildings offering a total of 65,000 sqm of GLA. Tri...

Unidevelopment selling apartments in Radom

Developer Unidevelopment has launched sales of apartments in its Idea Ogrody residential project in Radom in Mazowieckie voivodship, which will consist of 15 buildings comprising a total of 60 units. The scheme is part of a multi-phase development that the company has been developing in the city’s W...

Zdrofit at Warsaw’s Mennica Legacy Tower

Fitness club chain Zdrofit has leased almost 1,500 sqm of space at the Mennica Legacy Tower office project, which Golub GetHouse and Mennica Polska are now developing in the Wola district of Warsaw. The lease agreement, which was signed for the period of ten years, was brokered by Colliers Internati...

GTFL leases 5,400 sqm near Warsaw

TSL sector company GTFL has leased more than 5,400 sqm of warehouse and office space at the Panattoni Park Grodzisk II logistics park in the Warsaw area. Cresa Polska represented the tenant in the lease negotiations. Panattoni Park Grodzisk II is located two kilometers from the A2 motorway, near the...

MLP expanding Czeladź logistics park

Developer MLP Group has launched construction work on a new warehouse building within its MLP Czeladź logistics park in Silesia. The property will comprise almost 10,000 sqm and is scheduled to be completed in the second quarter of next year. When fully developed, MLP Czeladź will consist of five bu...