ARTICLES LABELLED WITH TAG Poland

News Media Expert logistics centre in Łódź officially opens
05
Sep
2022

Media Expert logistics centre in Łódź officially opens

by Property Forum
Representatives from Panattoni and Media Expert, the owner of several hundred electronics stores in Poland, together with Hanna Zdanowska, the mayor of Łódź, on Friday - September 2nd - formally opened the latest section of the Media Expert logistics centre within the Central European Logistics Hub. Two buildings with an area of 160,000 sqm, one of which has just been handed over for use and the other to be completed within a year, have been connected to Media Expert’s pre-existing building to create a nationwide distribution complex. Together, the three buildings take up 232,000 sqm and are to provide employment for around 1,000 people. The total area leased by Media Expert from Panattoni across the Łódź region already comes to over 270 000 sqm with a further 35,000 sqm under construction.
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News Adidas opens huge store in Warsaw's centre
02
Sep
2022

Adidas opens huge store in Warsaw's centre

by Property Forum
Domy Towarowe Wars Sawa Junior has welcomed adidas Warsaw - the largest store and the first adidas brand centre in Central and Eastern Europe. The brand also opened Sports Base Warsaw – the generally accessible space for fans of an active lifestyle in the store and at the downtown Pasaż Wiecha, where temporary sports installations have been created.
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News Panattoni builds huge warehouse park near Warsaw
01
Sep
2022

Panattoni builds huge warehouse park near Warsaw

by Property Forum
Panattoni has started construction of Panattoni Park Nadarzyn II. The development is being built on a site of almost 20 ha and will take up almost 100,000 sqm.
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News CBRE Poland names new Head of  Marketing
31
Aug
2022

CBRE Poland names new Head of Marketing

by Property Forum
Since February this year, Natalia Wenzławska, who took the position of Head of Marketing, is responsible for marketing and communication at CBRE in Poland. She will lead a team of a dozen or so people, whose tasks will focus on the implementation of the company's overall communication strategy.
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News Investors feel safe again in Poland
30
Aug
2022

Investors feel safe again in Poland

by Property Forum
The total volume of investment transactions in H1 2022 amounted to almost €2.9 billion, which was more than 40% more than in the same period last year. The high value of investments demonstrates investors' continued strong interest in Polish investment products in all major categories, despite the new geopolitical situation and the war in Ukraine. AXI IMMO experts analyze the situation of individual sectors in the investment market in the first half of 2022 in Poland.
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News Scallier introduces new retail project in Opole
30
Aug
2022

Scallier introduces new retail project in Opole

by Property Forum
The new facility will be built on the basis of the former Galeria Ozimska, the largest tenant of which was a Tesco hypermarket. In the new facility, 18,000 sqm of leasable area (GLA), a shopping arcade will be built, which will be accompanied by a classic retail park. Scallier was jointly responsible for the project acquisition and the preparation of the commercialization concept. Currently, it supervises the commercialisation and manages the facility. The design stage is underway and preparations for the redevelopment of the complex are underway. The opening of Ozimska Park is planned for August 2023.
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News Polish warehouse market hits new record
26
Aug
2022

Polish warehouse market hits new record

by Property Forum
The warehouse sector in Poland remains in good shape after the first half of 2022. The market continues to see high tenant activity (3.7 million sqm; +12% y/y), generated mainly by e-commerce, retail chains, and logistics companies. At the end of June this year, developers delivered another 1.8 million sqm (+64% y/y), with the market still facing a shortage of vacant space. The high absorption rate is influencing decisions to start new investments. The result of 5.6 million sqm (+56% y/y) of projects currently under construction is the highest value recorded in the history of the entire sector. AXI IMMO summarizes the first half of the year in the warehouse market in the report "Polish Warehouse Market in H1 2022."
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News CEE investors are redefining strategies
25
Aug
2022

CEE investors are redefining strategies

by Property Forum
In the first half of the year, investors were as eager to locate capital in Central and Eastern Europe as in Western real estate markets. However, global economic changes and the uncertainty they bring mean that investment decisions are now more and more often withheld. According to Walter Herz advisers, the annual results may not be as good as the six-month results.
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News ORPEA to sell plots in major Polish cities
25
Aug
2022

ORPEA to sell plots in major Polish cities

by Property Forum
Following a change to its investment model, the ORPEA Group, an entity specializing in long-term care and rehabilitation, has decided to restructure its project portfolio in the largest Polish cities, which were built for its planned expansion. Savills has been instructed to search for investors.
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News MLP Group’s investment portfolio reaches PLN 4.2 billion
24
Aug
2022

MLP Group’s investment portfolio reaches PLN 4.2 billion

by Property Forum
MLP Group's financial condition remains strong, as demonstrated by its reported H1 2022 performance figures. In the first six months of the year, the Group’s net asset value (NAV) went up 26%, to PLN 2.3 billion. The value of its investment properties rose 25%, to more than PLN 4.2 billion. Consolidated revenue increased 26% y-o-y, to PLN 123.2 million. Net rental income, on the other hand, rose 22% y-o-y, to PLN 90.4 million. Operating profit rose 181%, to PLN 577.2 million. For the first half of this year, MLP Group posted PLN 433.9 million in net profit, an over 2.5-fold improvement (+161%) relative to the same period last year.
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Latest news


New leases

  • Globalworth, owner and manager of Supersam in Katowice (Silesia, southern Poland) has extended its lease agreement with Benefit Systems S.A. The current contract has been extended by 5 years and concerns the Fabryka Formy fitness club, which currently occupies an area of approximately 1,830 sqm.
  • ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest. The company will occupy over 3,400 sqm of premium office space in a deal brokered by CBRE for the landlord and iO Partners for the tenant .
  • HD Cosmetics, a distributor of clothing, cosmetics, and hygiene products has joined the tenants of the modern MLP Zgorzelec logistics centre (western Poland). The company will occupy approximately 1,400 sqm of space.

New appointments

  • Maciej Müldner has been appointed as the new Chief Financial Officer (CFO) of MLP Group. An experienced executive, he has spent nearly 20 years contributing to the development of the Skanska Group in Central Europe.
  • Panattoni Income Fund has appointed Olaf Bruns as Managing Director Business Development DACH. Earlier this year, the fund’s team was also strengthened by Piotr Boruc, who took on the role of Head of Finance and Reporting.
  • CBRE has named Hristo Karakostov as Head of Advisory & Transactions Office Services Department for Bulgaria, within its Southeast Europe (SEE) office. He succeeds Monika Gajewska, who will continue to lead the Occupier Business Development efforts for the SEE.

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