Locked content W.P. Carey buys logistics center in Opole

Real estate investment trust W.P. Carey has announced the acquisition of a 33,640 sqm warehouse and production building in Opole for €23.8 million. The newly-built facility was developed by Panattoni for Polaris Industries. The acquired scheme is designed to serve as the main European assembly and d...

Locked content P3 to build a 46,000-sqm BTS scheme for ID Logistics

P3 Logistic Parks will build a 46,230-sqm warehouse for ID Logistics. The built-to-suit facility will be located in the P3 Mszczonów park near Warsaw. Construction has already been launched and the scheme is scheduled for delivery in Q3 2015. ID Logistics said the facility will serve as a hub for a ...

Locked content Union Investment buys Hampton by Hilton in Warsaw

German fund Union Investment has finalized the purchase of Hampton by Hilton Warsaw City Centre, from the scheme’s developer, Austrian S+B Gruppe. The value of the deal has not been disclosed. The hotel is one of the biggest projects under Hampton by Hilton’s brand. It features 300 rooms on 17 floor...

Locked content Inso to complete the Złota 44 scheme

Italian construction company Inso has been appointed once again to complete the Złota 44 residential tower. The firm has signed an agreement with the new owners of the scheme, BBI Development and Amstar, which acquired Złota 44 from Orco in August. Inso was the building’s general contractor al...

Locked content Office take-up 12% higher y/y in CEE markets

Leasing volumes in 2014 have totaled 1.17 million sqm in the four CEE capitals (Warsaw, Prague, Budapest and Bratislava), recording a 12 percent increase compared to the corresponding period of last year and is expected to come in at 1.46 million sqm for the entire 2014, according to Cushman & W...

Locked content VIG buys two office projects in Warsaw

Vienna Insurance Group has acquired Jasna 26 and Libra Business Centre office buildings in Warsaw from Mermaid Properties. CBRE advised the buyer on this transaction. The value of the deal has not been disclosed. “This acquisition is a very good combination of two high quality office assets in stabl...

Locked content Investors mulling selling Ronson Europe’s shares

Global City Holdings (GCH), together with U. Dori Group, are reviewing strategic options for selling their stakes in real estate developer Ronson, the GCH said in its market filing. “It is hereby clarified that there is no certainty that such transaction shall be conducted and/or with respect to its...

Karmar to build office building at Grzybowska 43

Karmar is the general contractor for a new office building at ul. Grzybowska 43. The company signed a contract with Wisher Enterprise for constructions, finishing, sanitary and electrical installations. The building will have 13 floors and a total of 19,733 square meters of office space. The foundat...

Locked content Ptak buys assets of Maximus retail center

Antoni Ptak, the tenth-richest Pole, has acquired part of the Maximus retail park in Nadarzyn near Warsaw, Gazeta Wyborcza reported. Ptak, who already owns the Ptak Fashion City retail center near Łódź, bought six units in Maximus, comprising more than 40,000 sqm. His company plans to build a large ...