News Prologis sees further growth in H1
04
Aug
2015

Prologis sees further growth in H1

by Ákos Budai
Prologis, announced its results for the first half of 2015 in Central and Eastern Europe (CEE). H1 saw over 900,000 square metres leased 97,000 square metres acquired, 97,500 square metres under construction and 130,000 square metres completed.
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News European CRE investment increases 15% on Q2 2014
04
Aug
2015

European CRE investment increases 15% on Q2 2014

by Ákos Budai
Investment into the commercial real estate (CRE) market totalled nearly €56 billion in the second quarter of 2015, up 15% on Q2 2014, according to the latest figures from global real estate advisor CBRE. Although the rate of year-on-year growth in investment activity has slowed slightly compared with Q1, it is still the highest Q2 total since 2007. Commercial real estate investment in Central and Eastern Europe slowed in H1 2015 due to a lack of available prime stock and the impact of rent contraction in Warsaw’s office market, the region’s most liquid market.
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News CEE countries on the rise - says RICS
18
May
2015

CEE countries on the rise - says RICS

by Ákos Budai
According to the RICS Commercial Property Monitor for Q1 2015 most countries in Central and Eastern Europe can expect relatively strong economic growth and the expectations for commercial property markets are also broadly positive. The Occupier Sentiment Index has finally registered a positive value in all four examined countries. The Investment Sentiment Index is firmly in positive territory for both the Czech Republic and Hungary, but is also not in negative territory in Bulgaria and Romania.
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News Prologis inks new BTS agreement with BMW Group in Germany
12
May
2015

Prologis inks new BTS agreement with BMW Group in Germany

by Ákos Budai
Prologis has announced on Tuesday the signing of a 118,000 square meter build-to-suit (BTS) agreement together with BMW Group in the Landshut region of Bavaria.
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News Cushman & Wakefield to Merge with DTZ
12
May
2015

Cushman & Wakefield to Merge with DTZ

by Ákos Budai
Cushman & Wakefield and DTZ have reached a definitive agreement on Tuesday to merge and are set to become one of the largest global real estate services companies.
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News Prologis reports strong Q1 performance in CEE
23
Apr
2015

Prologis reports strong Q1 performance in CEE

by Ákos Budai
Prologis has announced its first quarter 2015 business activity in Central and Eastern Europe (CEE) on Thursday. The first three month of the year saw the acquisition of a logistics park in Hungary and the start of two speculative developments in Poland.
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News Record-breaking deal on Warsaw office property market
17
Apr
2015

Record-breaking deal on Warsaw office property market

by Ákos Budai
Ghelamco Poland has signed a record-breaking agreement for the lease of office space at Warsaw Spire. The new tenant will take nearly 22,000 square metres in the A-class building whose occupancy rate has now soared to over 50%.
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News Prologis to start new speculative development
13
Apr
2015

Prologis to start new speculative development

by Ákos Budai
Prologis, the global leader in industrial real estate, today announced it has broken ground on a speculative facility totalling 18,500 square metres at Prologis Park Wroclaw V. Construction is scheduled for completion in the third quarter of 2015.
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News First facility at Prologis Park Prague-Airport completed
09
Apr
2015

First facility at Prologis Park Prague-Airport completed

by Ákos Budai
Prologis, Inc., the global leader in industrial real estate, has on Thursday announced the opening of a 30,000 square metre speculative distribution facility at Prologis Park Prague-Airport.
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Latest news


New leases

  • The off-price retail chain HalfPrice will open its first location in the eastern part of the country at Iulius Mall Suceava. The store will have an area of over 2,000 sqm and will be inaugurated during H1 2025.
  • Wydawnictwa Szkole i Pedagogoiczne (WSiP), a pedagogical publisher, has decided to remain for another six years at the Equator II building on Al. Jerozolimskie in Warsaw. The institution has extended its lease agreement for over 2,500 sqm of space.
  • Wzorcownia shopping centre in Włocławek (central Poland), managed by EPP, strengthens cooperation with the LPP Group. The existing lease contracts have been extended by 5 brands, including Reserved, Cropp and House. Sinsay and Mohito are also staying in the facility for a longer period of time, so they decided to enlarge their leased spaces. Tenants from the LPP Group occupy over 3,000 sqm in Wzorcownia.

New appointments

  • The Industrial and Logistics Agency of BNP Paribas Real Estate Poland is expanding. In early January, Ludwika Korzeniowska took the helm of the agency, with Grzegorz Furmanek joining the team as Senior Consultant.
  • Tomasz Chojnacki has taken up the position of Deputy Head of the Office Department of CBRE Poland. In his new role, he is responsible for the management and development of the office sector and the development of a coherent business plan for all services for clients in this market segment.
  • Mantor E2K, a company specialized in industrial and logistics constructions, has appointed Radu Vlad as its Business Development Manager. He brings over 20 years of experience in industrial and real estate project development to the role, having coordinated projects with a combined value exceeding €180 million.

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