ARTICLES LABELLED WITH TAG Poland

GLP has announced that it is set to unveil its second project in Lędziny (Upper Silesia, Poland). GLP Park Lędziny II will offer 40,000 sqm of rentable space and construction is expected to take approximately eight months once initiated.

Cushman & Wakefield estimates that the commercial real estate investment volume in Poland for the first half of 2024 was €1.76 billion, representing an almost 80% increase compared to the same period in 2023. The investment market is experiencing a revival in the activity of investment funds, including Polish investors, with this year’s total investment volume likely to hit €4 billion.

Emira Property Fund has announced a strategic investment in the Luxembourg-headquartered Polish property developer and investor DL Invest Group. With a €55.5 million investment, Emira has acquired an effective 25% initial stake in DL Invest Group, which has a gross asset value of approximately €730 million and a net asset value prior to Emira’s investment of approximately €278 million. Emira’s equity interest has a face value of €101.5 million.  Emira has also secured the option to acquire a further interest for €45.5 million. If exercised, this second tranche will result in Emira holding 45.0% of the issued shares of DL Invest Group.

7R is launching a project near the A1 and A4 Gliwice-Sośnica motorway junction. The facility will offer future tenants a total of 40,000 sqm of modern logistics space.

Total new office supply in Poland’s mine largest markets rose by 125,000 sqm during H1 2024 compared to the same period of last year, with Warsaw, Wrocław and Krakow commanding the biggest share of new deliveries, according to a report by Cushman & Wakefield. 

Eika Asset Management (EAM), the investment management company of Lithuania's Eika Group, has signed an agreement with Polish developer Waimea Holding for industrial developments in Poland. 

New office projects with a combined leasable area of nearly 64,000 sqm were completed during H1 2024, with the volume soaring almost three-and-a-half times compared to the same period of 2023, according to a BNP Paribas Real Estate report.  

Private student housing (PBSA) investor roomies has announced the closing of a transaction with 6B47 Real Estate Investors AG for two projects in Poland. 

Industrial developer 7R has started the construction of a new last-mile logistics facility in Poznan. 

Around 135,000 sqm of modern retail space was added to Poland’s total stock in Q2 2024, with new supply comprising both new openings and extensions, while the end of H1 2024 the development pipeline amounted to around 335,000 sqm, according to a report by BNP Paribas Real Estate.