Locked content Panattoni buys land for Poznań logistics park

Industrial property developer Panattoni Europe has purchased 18 hectares of land for a new logistics complex dubbed Panattoni Park Poznań IV, the company said on Monday. Construction of the first 35,000-sqm building may now be launched. Panattoni Park Poznań will be located in Komorniki near Poznań ...

Locked content P3 buys warehouses in Czech Republic

Logistics property developer PointPark Properties (P3) has agreed on the acquisition of a 627,000 sqm portfolio of warehouses and logistics grounds in the Czech Republic. The transaction value was €523 million. Tristan Capital Partners and VGP were P3’s advisors in the deal In the Czech Republ...

Locked content Por Property launches construction of The Tides scheme

Por Property Investment Group is about to launch construction on a mixed-use scheme in Warsaw’s Powiśle district, called The Tides. Construction will commence in early September and is scheduled to be completed in early 2016. The complex will be located on the bank of the River Vistula. One of the b...

Locked content GTC files for Galeria Północna permit

Developer GTC has filed for a building permit for Galeria Północna in Warsaw’s northeastern Białołęka district. The company is also working on a permit application for Galeria Wilanów, which is set to be built in the southern part of Warsaw. The mall in Białołęka will deliver 64,000 sqm of leasable ...

Locked content Ghelamco completes portfolio sale to Starwood

Property developer Ghelamco has finalized the sale transaction of three office buildings to an American private equity investor – Starwood Capital Group. The terms and conditions of the transaction remain confidential. Two of the offices, T-Mobile Office Park and Łopuszańska Business Park, are situa...

Locked content Construction market continues growth

Construction of 85,506 apartment units was launched in January-July period of 2014, 18.9 percent more than in the first seven months of 2013, according to preliminary data published by statistics office GUS on Tuesday. Building permits for 92,237 apartments were issued over the first seven months of...

Locked content Goodman to double storage area in Poland

Goodman, a major logistics property developer, plans to build another 282 thousand sqm of warehousing space in Poland, in addition to the existing 271,000 sqm. Goodman’s new lease agreements include 300 thousand sqm of logistics space. The most lucrative agreement was entered into with Amazon. The d...

Locked content Atrium to redevelop Promenada

The management board of Atrium European Real Estate has approved the first stage of a redevelopment process in its Atrium Promenada shopping mall in Warsaw, the company said in its latest financial report. The cost of the redevelopment is estimated at €44 million, the company also said. Atrium Prome...