Image : CBRE

Locked content C&W: Signs of revival on Polish property market

There are clear signs of revival on the Polish commercial property market, according to the newly issued “Marketbeat Poland – Autumn 2014” report by Cushman & Wakefield. Poland’s total retail property stock now exceeds 10 million sqm, the report said. An especially high rate of expansion was rec...

Locked content GTC plans share issue

The management board of property developer Globe Trade Centre (GTC) has recommended the issue of up to 140 million shares with drawing rights, the company said in a press release on Monday. The issue should be approved by an EGM on October 13. “GTC is in good shape to take advantage of the attractiv...
Image: PHN

Locked content PHN to buy properties worth PLN 1 bln, plans bond issue

State-controlled real estate group Polski Holding Nieruchomości (PHN) plans office property purchases worth up to PLN 1 billion in its new strategy, the company announced on Thursday. “We will make use of outside financing [in the acquisition processes], so that the use of our funds does not exceed ...

Locked content High quantity of warehouse properties transactions

The number of transactions on the Polish warehouse property market will remain on a high level, said ISBnews agency on Thursday. In H1 of 2014, the market noted a 20 percent year-on-year increase, compared to the same period of 2013. The Polish warehouse property market is the fastest growing market...
Image : Skanska Property Poland

Locked content Hewlett-Packard to lease space from Skanska

HP Global Business Center has agreed to lease GLA of 16,400 sqm in the Dominikański business complex in Wrocław from Skanska Property Poland, propertynews.pl reported. It was the biggest transaction for Skanska in CEE and for Hewlett-Packard in Poland. The company will move in to the Dominikański in...
Image : Prologis

Locked content Prologis buys CEE logistics portfolio

Industrial property investor Prologis has acquired a 230,000 sqm logistics portfolio that includes 23 properties in Poland, the Czech Republic and Slovakia, the company said in a press release on Tuesday. Prologis bought 17 properties with a total of 163,000 sqm in the Czech Republic, four facilitie...
Image : Orbis

Locked content Orbis adds hotel near Poznań

Hospitality group Orbis, the Polish unit of France’s Accor, has signed a franchise agreement with Anwil Transport, to include a new hotel into the Ibis network, the company said in a press release on Tuesday. The hotel, located in Suchy Las, north of Poznań, will be launched in the first quarter of ...

Locked content Panattoni boosts CEE investment plans

Logistics property developer Panattoni Europe has added another €150 million to its €200 million investment program, the company said in a press release on Tuesday. The additional funds are earmarked for the development of new facilities in Poland, the Czech Republic, Slovakia, and for selected proj...

Locked content Housing construction numbers inch down in H1 2014

The number of housing units completed in Poland in Q1-Q2 2014 amounted to 66,457, according to data published by the Central Statistical Office (GUS) on Monday. The figure was 2.2 percent lower than in the corresponding period of 2013. The average usable floor area of a dwelling was 104.8 square met...

Locked content JLL: Warsaw still needs investment in retail

Though the first half of this year was “very calm” for the retail property sector in the Warsaw agglomeration, the second will bring the launch of a number of new projects, according to Anna Wysocka, head of retail agency at JLL. In her opinion, there is still demand for new retail investments, of d...