Echo sells Wrocław offices for €35.8 million

Investor Globalworth Poland has finalized its acquisition of the West Link office building in Wrocław from developer Echo Investment for €35.8 million. Completed in March this year, the building comprises more than 14,200 sqm of office space and has already been fully leased out. The property is occ...

Polnord buys land for new Warsaw project

Warsaw Stock Exchange-listed developer Polnord has signed preliminary agreements for the acquisition of two plots of land located near ul. Lazurowa in the Bemowo district of the Polish capital where it is planning a new residential project comprising approximately 16,800 sqm of usable space. The sch...

Warehouse property market still booming – JLL

A record 1.1 million sqm of warehouse space was leased in Poland in the first quarter of this year, which is the best Q1 result in the history of the Polish market, according to the latest report by JLL. The volume allows one to be optimistic about the prospects for the coming months, argued Tomasz ...

Locked content Auto Partner ups storage area to 86,500 sqm

Car parts importer and distributor Auto Partner Group decided to increase the warehouse space in Bieruń by about 11,000 sqm (from the current 30,000 sqm), informed the sales director Piotr Janta. As a result, the total warehouse space of the group will increase from around 75,500 sqm up to approx. 8...

Axi Immo opens Łódź office

Real estate services firm Axi Immo, which is mostly active in the warehouse and office property sectors, has opened a new regional office in Łódź that is located in the Fabryka Grohmana office and conference complex. The Łódź region is a strategic location in the commercial property market, especial...

More Murapol apartments on offer in Kraków

Developer Murapol has launched sales of apartments in the first phase of its planned Murapol Parki Krakowa residential project in Kraków. On offer are 152 units in a six-floor building that is scheduled to be completed in the final quarter of 2019. The multi-phase scheme will be located on Kraków’s ...

7R to launch Gdańsk warehouse project

Developer 7R is preparing to start construction work on its 7R City Flex Gdańsk Airport warehouse project in Gdańsk, which will be built within the company’s newly launched City Flex program envisioning the development of a chain of urban logistics schemes located in some of the biggest cities acros...

Bieruń logistics park fully leased out

Developer MLP Group has fully commercialized the logistics park in Bieruń near Tychy in Silesia, which it sold to Deka Immobilien in 2015. The company remained responsible for leasing the space in the park after the sale transaction. Car parts distributor Auto Partner has leased an additional 11,500...

IKEA to open new Warsaw store in H2

Retailer IKEA will open its store in the Blue City shopping center in Warsaw in the second half of this year. This will be the company’s third store in the Polish capital and the first one in a central location with the other two located on the outskirts of the city. The tenant will occupy a total o...