ARTICLES LABELLED WITH TAG Warsaw

News CBRE GI fund secures €63 million for Warsaw retail centre
21
Aug
2017

CBRE GI fund secures €63 million for Warsaw retail centre

by Ákos Budai
pbb Deutsche Pfandbriefbank provided an investment facility of €63 million to CBRE Property Fund Central and Eastern Europe (CBRE PFCEE), an investment fund focusing on retail assets in Poland and Slovakia, managed by CBRE Global Investors. CBRE PFCEE will use the proceeds for the refinancing of the shopping centre “Wars Sawa Junior” in Warsaw. The transaction closed in August 2017. pbb acted as arranger and sole lender under the facility. 
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News BNP Paribas Real Estate manages Warsaw’s Wronia 31
18
Aug
2017

BNP Paribas Real Estate manages Warsaw’s Wronia 31

by Ákos Budai
The new office and retail scheme located at Wronia 31 has as of 1 July joined the portfolio of properties managed by BNP Paribas Real Estate Poland. The property with the total leasable area of approx. 16,000 sqm is located in Wola’s heart in the direct vicinity of Plac Europejski. Ghelamco is the investor and developer responsible for the scheme.
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News Warsaw office market enters next stage of maturity
16
Aug
2017

Warsaw office market enters next stage of maturity

by Ákos Budai
The Polish office market has seen rapid growth with Warsaw’s office stock more than doubling over the last ten years, as revealed by Cushman & Wakefield in its cyclical report Skyline Tracker, outlining modern office supply forecasts.
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News Hines sells Warsaw’s Proximo I for €117 million
09
Aug
2017

Hines sells Warsaw’s Proximo I for €117 million

by Ákos Budai
Hines has sold the Proximo I office building from the portfolio of the Hines Russia & Poland Fund to the CSNF fund, which is managed by Czech investor REICO IS ČS, for €116.6 million.
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News Warsaw office market absorbs new supply
27
Jul
2017

Warsaw office market absorbs new supply

by Ákos Budai
Over 722,200 sqm of office space is currently under construction across Warsaw, but despite such a high level of new supply, the market remains healthy which is proved by a decreasing vacancy rate and a record high letting activity in H1 2017. Savills summarised the first half of the year on Warsaw’s office market.
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News Record demand for Warsaw office space
27
Jul
2017

Record demand for Warsaw office space

by Ákos Budai
The office market in Warsaw broke another record – total demand for office space in H1 2017 was 391,400 sqm. Wola continues to grow in terms of both popularity and significance. JLL summarised H1 2017 on the office market in Warsaw. 
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News Panattoni Europe builds new facility near Warsaw
25
Jul
2017

Panattoni Europe builds new facility near Warsaw

by Ákos Budai
Panattoni Europe launched the courier parcel distribution centre project for GLS Poland. This cross-dock facility will cover approx. 7,600 sqm and is being developed in the BTS and BTO formula in Janki near Warsaw. Execution of the project officially commenced on 20 July and the actual project start-up is scheduled for February 2018.
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News New deals drive Warsaw’s office market
21
Jul
2017

New deals drive Warsaw’s office market

by Ákos Budai
The vacancy rate on the Warsaw office market reached 13.9% at the end of June, with gross take up in H1 2017 nearly reaching 400,000 sqm. The Polish Office Research Forum has published its figures for Q2 2017 for the office market in Warsaw. 
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News Cresa to enter Poland by opening Warsaw office
12
Jul
2017

Cresa to enter Poland by opening Warsaw office

by Ákos Budai
Cresa, a tenant-only real estate advisor, will open an office in Warsaw this autumn. Piotr Kaszyński, who has 20 years’ experience in the real estate sector, will lead the Polish office.
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News Panattoni to deliver BTS building near Warsaw
04
Jul
2017

Panattoni to deliver BTS building near Warsaw

by Ákos Budai
Panattoni Europe has signed a lease with Multidekor, maker of professional ornaments and festive lighting solutions for cities and shopping malls. The transaction covers 22,600 sqm of warehouse and production space at the planned Panattoni Park Konotopa II. The development is set to commence this autumn, and will be completed in April 2018.
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Latest news


New leases

  • DAAS has leased another 3,600 sqm for a training centre in ELI Park Ploiești. The company’s total leased area in the project has reached 12,600 sqm.
  • Leroy Merlin has leased around 4,000 sqm of office space in Bucharest-based Floreasca Park in a deal brokered by Cushman & Wakefield Echinox. The office project is owned by Resolution Property and Zeus Capital Management.
  • Schindler Romania is moving its office to Vastint’s Business Garden Bucharest. The company has leased 1,160 sqm in a deal brokered by CBRE Romania.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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