Owners modernizing malls ahead of Wroclavia opening

The upcoming opening of the 64,000-sqm Wroclavia shopping center in Wrocław, scheduled to take place in October, has led owners of some of the existing malls in the city to launch modernization work and refresh tenant mixes as they expect the competition in the market to become fiercer, according to...

CEE investment volume up by 70% y/y in Q1

The commercial real estate investment volume in Central and Eastern Europe reached the level of €2.8 billion in Q1 2017, which marks a 70-percent increase upon the same period last year, according to the latest report by Colliers International. The retail and office sectors accounted for 47 percent ...

Record development activity in Tri-city office market

A record 151,000 sqm of office space is currently under construction in Tri-city, with approximately two-thirds of the volume scheduled for completion this year, according to Colliers International data. In 2016, the agglomeration saw the completion of six projects totaling 57,000 sqm, which brought...

Bydgoszcz/Toruń and Szczecin industrial markets booming

Developing warehouse markets: the Bydgoszcz/Toruń area and Szczecin have seen a surge in tenant activity in 2016, according to the data compiled by Colliers International. The level of demand in the Bydgoszcz and Toruń market was nearly twice as high as in 2015 – 131,000 sqm was leased within 44 agr...

Two outlet centers coming to Bydgoszcz

The city of Bydgoszcz will soon have its first outlet centers: Outlet Center Bydgoszcz (11,000 sqm) near the IKEA store and Metropolitan Outlet (17,000 sqm) in the Carrefour Glinki mall, currently under refurbishment. The two centers will expand the city’s retail market by 10 percent. Bydgoszc...