Panattoni, Marvipol selling Warsaw logistics park

Industrial Center 37, a joint venture established by developers Panattoni Europe and Marvipol, has signed a preliminary agreement for the sale of its Panattoni Park Warsaw logistics park near the Polish capital. The transaction, which has been signed with Shipston, is valued at €32.4 million and is ...

Archicom buys land for over 500 apartments in Wrocław

Warsaw Stock Exchange-listed developer Archicom has finalized the acquisition of a 2.45-hectare plot located in the Krzyki district of Wrocław, on which it will develop a new residential project offering approximately 520 housing units. The value of the transaction amounts to around PLN 26.6 million...

Q1 investment volume at €475 mln – BNP Paribas RE

A total of approximately €475 million was invested in commercial property in Poland in the first quarter of 2017, which marks a slight decrease upon the same period last year, according to the latest report by BNP Paribas Real Estate Poland. Transactions closed in the hotel property market accounted...

P3 to increase its presence in Poznań area

Logistics space developer P3 has acquired a 49.2-hectare site in Robakowo near Poznań, which will allow the company to double the size of its P3 Poznań park. Construction on the new part of the complex is scheduled to launch next year, with P3 planning to eventually develop another six buildings wit...

EPP finalizes €53.3 mln retail park acquisition in Kraków

Investor Echo Polska Properties (EPP) has finalized the acquisition of the Zakopianka retail park in Kraków from a fund managed by Tristan Capital Partners for €53.3 million. Savills advised the buyer on the transaction, which was preliminarily agreed in December last year and excludes the Carrefour...

Extensions to drive European retail development in 2017-2018

Extensions to established shopping centers will be a significant driver of new retail space development across Europe in the next two years, according to the latest report by Cushman & Wakefield. The total amount of new retail area set to be delivered in the period is estimated at 6.8 million sq...

PORF publishes Warsaw office market data for Q1

More than 84,000 sqm of office space was completed in Warsaw in the first quarter of this year, with all the new buildings delivered in the period being located outside the center of the city, according to the latest report by the Polish Office Research Forum (PORF). The gross demand in Q1 amounted ...

7R Logistic launches two new projects in southern Poland

Warehouse space developer 7R Logistic is now working on two new projects in southern Poland, which will be located in Bielsko-Biała and Siemianowice Śląskie. The Bielsko-Biała scheme, called Beskid Park, will comprise two buildings offering a total of approximately 29,000 sqm of space, with the cons...
Image : Echo Investment

Office pipeline in Wrocław to remain strong – Savills

As much as 139,100 sqm of new office space was delivered to the Wrocław market in 2016. The result is 57 percent above the 2015 level and more than double to amount seen in 2014. The largest project completed last year was the first phase of Business Garden Wrocław (36,600 sqm), according to a recen...

Golub acquires site for dormitory project in Kraków

A fund owned by the Golub GetHouse group has finalized the acquisition of the seven-story Telpod post-industrial building in the Zabłocie neighborhood of Kraków, which it plans to redevelop as a modern dormitory offering approximately 22,000 sqm of usable space. The project, which will be able to ac...