ARTICLES LABELLED WITH TAG Poland

Property Forum is proud to present the publication of the second edition of its annual listing of the 50 most influential people in the Polish real estate market. You can access the publication here.

Recently, market focus has been on new high-rise office developments which are reshaping Warsaw’s skyline and attracting tenant interest. Analysis of market data reveals, however, that office campuses have enjoyed the strongest occupier demand, says Cushman & Wakefield. Although they make up around 10% of Warsaw’s office stock, they accounted for as much as 16% of total take-up in the city in the first half of 2024. What criteria does an office project have to meet in order to qualify as an office campus and what makes office campuses so popular?

Panattoni announced the launch of a pan-European fund that will invest in sustainable, income-producing logistics properties. The Panattoni Income Fund is domiciled in Luxembourg and has an open-ended structure. It is aiming to raise €300 million of equity by 2026 and acquire €600 million of assets, developed and managed by Panattoni. Panattoni’s owners and management team will be co-investing.

Żabka Group has revealed plans for an initial public offering (IPO) without issuing new shares, preparing for its debut on the Warsaw Stock Exchange (WSE). The company’s majority shareholder, CVC Capital Partners, confirmed it will remain a shareholder following the IPO. It may be one of Poland's largest initial public offerings in the last decade.

Warehouse tenants are adopting increasingly advanced technologies to meet client requirements, but at the same time, they also need to be mindful of employee wellbeing. Standard buildings in industrial parks are not enough. Companies need customised warehouses and tailor-made solutions, say experts from Newmark Poland.

European Logistics Investment (ELI), a logistics platform operating in the Polish market owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia. The first is in Knurów and has been fully leased to Fortaco Group; the second is located in Ruda Śląska and is let to Konimpex.

In the first half of 2024, Echo Investment Group successfully implemented its growth strategy, continuing construction projects, selling nearly 900 apartments, and debuting in the private student housing segment. The Group's total assets at the end of June exceeded PLN 6.5 billion (ca. €1.5 billion) with cash reserves surpassing PLN 523 million (ca. €121 million).

CTP has leased an additional 10,000 sqm at its CTPark Warsaw South to Polish logistics operator TAS Logistyka sp. z o.o. It will now occupy 25,000 sqm of warehouse space, an increase of 67 per cent on the original space leased.

Panattoni has fully commercialised City Logistics Kraków Airport II, its latest project in Małopolska. A second tenant has been found for the development completed in July this year and is to take up 20,050 sqm.

Quadra Underwriting announced the appointment of Andrew Jackson as the new Business Development Director and Shareholder. He is to accelerate the company's plans for European expansion.