Locked content 15,600 apartments sold in Q2 – REAS

In Q2 15,400 apartments were added to the offer in  Poland’s top six markets (Warsaw, Kraków, Wrocław, the Tri-City, Poznań and Łódź), 11.7 percent less y/y. The number of sold apartments amounted to 15,600, 11 percent less versus a year ago, REAS stated in the report. The offer size at the end of t...

Dekpol with contract to expand LPP distribution center

Polish general contractor Dekpol has signed a letter of intent with LPP regarding the construction of a high storage warehouse with a usable area of approx. 23,000 sqm with an office building with a usable area of approx. 5,500 sqm as part of the expansion of the distribution center in Pruszcz Gdańs...

Orbis buys hotel in Lithuania

WSE-listed hotel operator Orbis acquired newly-built Ibis hotel in Vilnius in Lithuania. The price tag for the 164-room facility was €8.7 million, the company said in a market filing.

C&W managing Pegaz offices in Wrocław

Cushman & Wakefield has been appointed as the manager of the Pegaz office complex in downtown Wrocław, which is owned by Warburg-HIH Invest Real Estate. The complex consists of two six-floor buildings offering a total of almost 21,000 sqm of leasable space. The portfolio of properties managed by...

Murapol buys land for Gdańsk apartments

Developer Murapol has finalized the acquisition of almost 1.6 hectares of land located in the Jasień district of Gdańsk for its planned Murapol Nowa Jabłoniowa residential project. The company has already launched sales in the scheme, which will comprise a total of 224 apartments (with a combined mo...

Panattoni Park Pruszków II with BREEAM certification

Building “A” of the Panattoni Park Pruszków II logistics park in the Warsaw agglomeration has obtained a BREEAM certificate for energy efficiency and environmental performance at the “Good” level with Go4Energy having been responsible for the certification process. Buildings “B” and “C” of the park ...

Globalworth acquires Warsaw’s Spektrum Tower for €101 mln

Investor Globalworth Poland has finalized the acquisition of the Spektrum Tower office building in downtown Warsaw from Europa Capital for approximately €101 million. The property, which was thoroughly refurbished a few years ago and offers around 29,500 sqm of GLA, is currently over 90 percent leas...

MLP trumpets H1 leasing activity

Developer MLP Group has revealed it signed 22 lease agreements for a total of 100,300 sqm of warehouse and office space in the first half of this year. Some 55,500 sqm was leased in new projects of the company, while lease renewals and extensions at existing schemes accounted for 39,700 sqm and 5,00...