Atrium plans to demolish three old shopping mallls in Warsaw - Atrium Reduta, Atrium Targówek and King Cross – and build apartments in these locations. City authorities comply, but the change of the spatial plans may take years.

According to Savills, the European retail sector is increasingly looking more attractive to opportunistic investors. In the UK, there was a rise in opportunistic interest in the sector in the last quarter, supported by significant yield correction. In Poland, secondary retail assets are being traded at double-digit yields.

Damian Kołata rejoins Cushman & Wakefield as the leader of the firm’s advisory services on the industrial and logistics market in Poland and as the Head of E-Commerce CEE.

P3 is to develop an 82,500 sqm facility with an additional 27,000 sqm expansion option for furniture e-commerce specialist Westwing in P3 Poznań.

Polski Holding Nieruchomości concluded an agreement with PERN on leasing office space in INTRACO Prime located in Warsaw’s Muranów district. PERN will lease two floors of the 8-storey Class A office building, which is scheduled for commissioning in early 2022.

According to advisory firm AXI IMMO, Poland remains one of the most attractively priced markets in Europe. Three out of five cheapest locations in terms of prime big box rents are in Poland. In addition, three Polish markets make the top 5 list of most attractively priced land markets in Europe.

Adrian Biesaga, Board Member and Head of Development of Polish logistics developer LCube talked to Property Forum about the changes forced by pandemic on the warehouse market, the “big box” segment and ecological solutions in construction.

The construction of the Resi4Rent project in Poznań has been completed. Less than two weeks after obtaining a use permit, 30 rental contracts have already been signed.

Colliers has been appointed the exclusive advisor in the commercialisation of Poznań Financial Center at 5 Władysław Anders Square in Poznań.

Savills Investment Management has completed the disposal of Marynarska Point I, an office property located in Warsaw to an investment fund managed by Adventum Group. The parties have agreed not to disclose the purchase price.