Investa leases urban warehouse space in Wrocław

Steel distributor Investa, whose main warehouse is located at Stryków in central Poland, has leased a total of more than 4,300 sqm of warehouse and office space at the Panattoni City Logistics Wrocław I logistics park in Lower Silesia. Axi Immo advised the tenant during the lease negotiations. The P...

ELI buys nine Panattoni parks for €200 mln

European Logistic Investment (ELI), an entity co-managed by investor Griffin Real Estate (GRE), has finalized the acquisition of a portfolio of nine logistics parks that were developed by Panattoni Europe. The transaction is valued at approximately €200 million. ELI and Panattoni have agreed to inve...

Warsaw’s WFC office tower almost fully leased out

The owners of the Warsaw Financial Center (WFC) office tower located in the downtown of the Polish capital have revealed that due to a number of lease renewals, lease extensions and new lease deals signed in 2017 and in the first half of this year the building is now 99-percent leased out. Last year...

Helaba, pbb provide Globalworth with €100-mln loan

German lenders Helaba and pbb Deutsche Pfandbriefbank have provided investor Globalworth Poland Real Estate (GPRE) with a €100-million loan that the company will use to finance the acquisition of four office properties across Poland: West Gate and West Link in Wrocław (offering 16,600 sqm and 14,400...

Murapol hopes to sell 3,700 apartments in 2018

Developer Murapol sold almost 1,800 apartments in the first half of 2018, which marks a 12-percent increase upon the same period last year. The company’s sales target for the entire year 2018 is now 3,700 housing units. In 2017, the developer offloaded 3,600 homes. In H1 2018, Murapol put up for sal...

New Best Western hotel in southern Poland

The Principe hotel in Rzeszów in south-eastern Poland will soon join the Best Western Hotels & Resorts hospitality chain and will start to operate under the chain’s Best Western Premier brand. The hotel, which is located in the downtown of the city and is managed by Niza Travel, will be the firs...

Major lease renewals at Ambassador building in Warsaw

Developer Hines has renewed lease agreements with two key tenants of the Ambassador Office Building in Warsaw, which is owned by the Hines Poland Sustainable Income Fund. The new agreements have been signed with insurance broker Willis Towers Watson and market research company and pollster Ipsos. To...

Polnord with new residential project in Warsaw’s Wilanów

Warsaw Stock Exchange-listed developer Polnord has launched sales of apartments in its Wilania residential project located in the Wilanów district of the Polish capital. The scheme will comprise a total of 113 housing units in four buildings. Polnord is currently also selling homes in two other deve...

BZ WBK grows in Poznań’s Business Garden complex

Bank Zachodni WBK, the biggest tenant at the Business Garden Poznań office complex in Poznań, has renewed its lease agreement and has taken up additional space at the property. The company, which was represented by Colliers International during the negotiations, now occupies more than 14,700 sqm in ...

New tenants at Riverside Park complex in Warsaw

Seven new tenants – the biggest of them including the RMF FM Group and the Interia Group – have recently signed lease agreements for a total of 4,500 sqm of office space at the Riverside Park complex in Warsaw. Completed in 2006 and located in the Powiśle area in the center of the Polish capital, Ri...