ARTICLES LABELLED WITH TAG Poland

The rising share of domestic investors has kept volumes high in CEE property markets in the last year and this trend will continue. The overall market outlook is quite optimistic as further declines are expected for inflation and construction costs, concluded panellists of Property Forum's recent online event.

7R has started construction of a new facility in Pomerania. 7R City Park Gdańsk Airport I will ultimately provide three halls with a total area of about 40,500 sqm. Pekabex is the general contractor for the project.

According to a new report prepared by Newmark Polska, 2022 was a record-breaking year for new warehouse and industrial completions in Poland, with occupier activity remaining relatively strong amid a gradually shrinking development pipeline.

MLP Group is set to begin the construction of a new logistics centre in the southwestern part of Poland. The target space of the facilities to be delivered at the MLP Zgorzelec park, located right by the borders with Germany and the Czech Republic, will total approximately 50 thousand sqm.

Property investor Globalworth has reported a net loss of €16.1 million in 2022 compared to a profit of €47.5 million in 2021, while the value of its commercial portfolio remained effectively unchanged at €3.2 billion. 

Panattoni is extending the Panattoni Park Wrocław Logistics South Hub. The first stage comprising 120,000 sqm of speculative space has been fully commercialised during its construction. The developer is now to build a further 90,000 sqm on the same basis to be delivered in Q3 this year. 

One of the next buildings of Olivia Center is to serve as an office, and the other as a residential one for long-term rental (so-called PRS). The investor has just received a building permit for both buildings.

Construction works have already started at MDC² Gliwice Park. The facility will consist of three buildings with a total area of over 57,000 sqm, located on a plot of 13.4 hectares. The first of the three buildings is scheduled to be commissioned at the turn of July and August 2023, and the opening of the other two at the turn of September and October 2023. The first tenants will move into the park in the third quarter of this year.

Dagmara Kowalik, CEO of Digital Bunch, a digital marketing agency specializing in 3D production and software, has talked to Property Forum about current trends in visual marketing of real estate and the next big things in it.

White Stone Development has sold the Celebro office building to Lithuanian investor Eika Real Estate Fund, represented by its management company Eika Asset Management. Celebro is a class A office building located in Warsaw at 22 Gładka Street, offering ca. 7,200 sqm GLA. It was designed by the architectural studio Kuryłowicz & Associates. Built in 2019, it has a BREEAM New Construction Very Good certificate. The price has not been disclosed.