ARTICLES LABELLED WITH TAG Poland

Trei Real Estate GmbH, an international developer and asset holder for residential and retail real estate, just opened another three retail parks of the Vendo Park brand in Poland. The properties are located in Otwock (Masovian voivodeship), Skarżysko-Kamienna (Świętokrzyskie voivodeship) and in Chorzów (Silesian voivodeship). The investment volume adds up to c. €28.4 million.

Revetas Capital has announced that since the beginning of 2022, 14 lease transactions have been secured in the Buma Square office complex in Kraków, Poland, with a total area of 4,512 sqm, consisting of new leases, extensions and renewals, of which 416 sqm represent new leases.

Hillwood Polska has started the construction of a new logistics centre in the Górna district of Łódź. The complex, which is scheduled to come into use in Q3 2023, will comprise more than 97,000 sqm of warehouse space.

French investment firm FREY has acquired Park Handlowy Matarnia in Gdańsk from Ingka Centres for €105 million. This is FREY’s first acquisition in Poland.

Panattoni built and is leasing a new, custom-fit facility to Corning Incorporated, a manufacturer of low-loss optical fibre. The facility is located in Mszczonów, a city near Warsaw, and is more than 20,000 sqm. It was customized to meet Corning’s specific manufacturing requirements for low-loss optical fibre production and to meet demand for high-speed connectivity in Europe and surrounding regions.

Estonia-based Bidrento, a start-up company that automates the management of rental properties, has secured €800,000 in a follow-up funding round to speed up the expansion to Poland.

Grzegorz Kawecki, Vice-President of the Management Board, Marvipol Development talked to Property Forum about the current slowdown in the Polish residential market, interest of the PRS investment funds and the forecasts for the rental sector.

Krajowy Ośrodek Wsparcia Rolnictwa (KOWR) has renewed its lease agreement at the Karolkowa Business Park office building, owned by the Menora Group, Shikun&Binui Group and M&A Capital. According to data from the Polish Chamber of Commercial Real Estate, ​the renegotiation of the 10,000 sqm contract is one of the largest transactions in the Warsaw office market for Q2 2022.

Trigea nemovitostní fond acquired Panattoni Tricity North, an urban logistics park developed and managed by Panattoni. The asset was selected by Trigea for its first logistics investment in Poland. The parties agreed not to disclose the value of the transaction.

According to Savills latest research, take-up in the European office market in H1 2022 reached 4.3 million sqm, 11% above the five-year H1 average.