ARTICLES LABELLED WITH TAG Poznan

A second building with 27,000 sqm, of which 9,500 sqm will be taken up by DSV Road, will be erected at the existing Panattoni Park Poznań IV. Following the extension, the park will total 62,000 sqm, and in the future will reach its target size of 87,000 sqm. 

Apsys has refinanced the Centrum Posnania retail asset with a 10-years maturity, €300 million senior loan from Allianz - completed by Allianz Real Estate on behalf of several Allianz companies - and that it now owns 100% of the 100,000 sqm property in Poznan, Poland.

Savills has been appointed an office and retail leasing adviser for Okrąglak and Kwadraciak, two of the most iconic buildings in Poznań.

Adventum International, a Malta-based boutique investment fund manager with a partial Hungarian background, has acquired the 18,000 sqm Poznan Financial Center from Peakside Capital Advisors. The purchase price was not disclosed.

Panattoni Europe is building 90,000 sqm of space across three parks the outskirts of Poznań – in Jaryszki (Panattoni Park Poznań VII), Komorniki (Panattoni Park Poznań IV), and Swadzim (Panattoni Park Poznań IX), with 200,000 sqm more planned. The developer is also investing in Cuiavia-Pomerania. Construction works at Panattoni Park Toruń II with more than 62,500 sqm are about to start in the coming July. The distribution centre will be put into operation as soon as Q1 2020.

Cromwell European REIT has announced that it is to acquire six office properties in France and Poland. CEREIT is to pay €246.9 million for all six properties.

At the end of 2018, Poznań’s total office stock amounted to 479,100 sqm. Six projects completed in the last twelve months delivered 21,200 sqm of new office space. The largest completions included buildings IV and V of the Pixel complex: 8,850 and 8,950 sqm, respectively. Office take-up hit 70,400 sqm, which represented a 10% y/y decrease. Key lease transactions comprised the 14,750 sqm renegotiation and expansion by Santander Bank Polska at Poznań Business Garden, a deal signed for 10,300 sqm at a Nowy Rynek building and Carlsberg’s 3,950 sqm renegotiation at Nowe Garbary. Cushman & Wakefield summarised the Poznań office market at year-end 2018.

Park Inn by Radisson announced the opening of a 166-room hotel in Poznan, Poland. This brings the group's Polish portfolio to 16 hotels and more than 3,500 rooms in operation or under development. Radisson Hotel Group's international brands are represented in almost all key cities of Poland - including Warsaw, Krakow, Katowice, Gdansk, Wroclaw, Szczecin, Swinoujscie, and now also in Poznan.

Colliers International has been appointed the manager of the 15,000 sqm Bałtyk office building in Poznań.

Metro Properties, the real estate subsidiary of Metro AG, has sold a property in Poznań with a retail building under a long-term lease to Castorama to French investor Corum Asset Management. The purchase price amounted to €20.3 million.