15% of retailers’ revenue comes from e-commerce – CBRE

The average annual revenue of a retailer in a shopping center exceeds €2,010 per sqm, with some 15 percent coming from e-commerce, according to Shopping Centre Index Poland 2015 report published by CBRE. The average shopping center in Poland has 28,000 sqm GLA, with average rents at €17.5 sqm/month....

Ares Management buys Jerozolimskie Business Park

The Jerozolimskie Business Park in Warsaw has been acquired by real estate funds managed by Ares Management from IVG Institutional Funds, Cushman & Wakefield, which represented Ares in this transaction, informed. The acquisition was a part of a €100 million portfolio deal encompassing eight prop...

Locked content Atal puts 258 units on the market

Atal has begun the sale of the second stage of the Atal Francuska Park in Katowice, consisting of 258 units in three buildings, the company announced. “The first stage of Atal Francuska Park was well received by the citizens of Katowice. In the last months, the sales increased and currently we...

Locked content JLL: Office market to grow in 2015 outside Warsaw

The value of transactions in the office market in Poland excluding Warsaw was record high and stood at €440 million in 2014, compared with €156 million in 2013, according to the real estate company JLL. The firm informed that the highest valued transaction outside Warsaw was the purchase of the Quat...

Locked content Ronson to finalize 10 projects this year

Real estate developer Ronson is set to finalize 10 projects this year and plans to put some 1,200 units on the market, the company announced. The finalized investments include City Link and Nova Królikarnia in Warsaw and Picasso in Wrocław. The company also wants to conclude the expansion of already...

Locked content Housing construction numbers down in January

Developers and other investors completed 11,210 housing units in January 2015. This is 10.8 percent less than in January 2014 and 29.0 percent less than in December, according to preliminary statistics published by the Central Statistical Office (GUS). Construction on 7,240 units was launched in Jan...