Locked content 1.6 mln sqm of industrial space leased in 2015

Industrial space take-up in Poland has now hit 1.6 million sqm for the year. The share of speculative developments of space under construction has increased while the vacancy rate has dropped, according to a report by JLL. “Despite the slight decrease in industrial demand in Q3 as compared to ...

Locked content MLP to build speculative industrial space

The board of managers at MLP Group has decided to start developing warehouse investments on a speculative basis, dlahandlu.pl reported. “We would like to have completed space in our portfolio, which we will be able to offer potential tenants immediately,” said Radosław T. Krochta, the de...

Locked content Sołowow to acquire Astra Park

Echo Investment will sell the Astra Park office complex located in Kielce to Polish bilionaire Michał Sołowow (Świętokrzyskie voivodship), propertynews.pl reported. The transaction may be completed in 2020, when all the suspending conditions will be met. Its value is estimated to reach €31.4 million...

Locked content Unibep lands over PLN 80 mln deal

Unibep has signed a contract with Mill-Yon Gdańsk for the construction of a multi-family residential building in Warsaw, ISBnews reported citing the company. The value of the deal exceeds PLN 84.5 million. Unibep will carry out the first stage of the building, located on ul. Ostrobramskiej/Rodziewic...

Locked content Griffin buys Raiffeisen Business Center

A fund managed by Griffin Real Estate has acquired Raiffeisen Business Center office building located in the city center of Warsaw from Invesco Real Estate. The value of the transaction has not been revealed. “We have decided to purchase the office building due to its high standard and an exce...

Locked content Immofinanz sells its entire logistics portfolio

Real estate developer Immofinanz has signed a contract with Blackstone for the sale of its entire logistics portfolio, which includes , Silesia Logistic Park near Częstochowa and Warsaw-based Łopuszańska Business Park, in order to “strengthen the focus on the group’s core expertise in th...