REDD ALERT | THE AMOUNT OF SPACE FOR RENT HAS INCREASED IN POLAND

Recent weeks during the epidemic show that the office market in Poland is stable. However, REDD analysts note a slight increase in the space for rent. In the last week before Easter, 40,000 sqm were added to the market. On the other hand, the interest in information about office space in Poland has risen to record levels.

EQUATOR II IS NEXT OFFICE BUILDING OWNED BY CPI

CPI Property Group has acquired another Warsaw office building – Equator II. This is the fifth property after the announcement of the new investment strategy – in the fourth quarter of 2019 and at the beginning of 2020. CPIPG has already purchased office buildings in Warsaw with a total leasable area of almost 200,000 sqm.

CPI SHOPPING IN WARSAW

CPI Property Group continues its expansion on the Warsaw market and acquires the Green Corner A office building from DWS.

DEVELIA SOLD WOLA CENTER FOR APPROXIMATELY 435 MLN PLN

Develia has finalized the sale of Warsaw office building Wola Center for 101.9 million EUR net, which is about 435 million PLN.

FIRST TENANTS OF 3T OFFICE PARK IN GDYNIA

A few months after the start of construction, 3T Office Park building in Gdynia announces its first tenants. In 2021 medical center Medicover Polska will occupy over 1,500 sqm and about 200 sqm of space will be rented by Little Einstein kindergarten.

RECORD LEASE TRANSACTION IN WARSAW FOR CAVATINA

Cavatina Holding and PKO Bank Polski have signed a lease agreement for Chmielna 89 building in Warsaw. Total leased area is over 24.000 sqm of office space. The Bank will occupy all of the office floors available in the building. This is one of the biggest transaction concluded on the polish market this year.

ŁÓDŹ OFFICES. ECHO INVESTMENT WITH GREEN LIGHT FOR OFFICE FUSION

The Echo Investment developer has received permission to build the first two office buildings of the Fuzja complex in Łódź. The company can now start an office investment consisting of two buildings. This means entering the next stage of revitalization of the former factory.

SPARK HAS BEEN AWARDED WELL CORE&SHELL CERTIFICATE AS THE FIRST IN POLAND

The Warsaw office building Spark C was the first in Poland to obtain the demanding WELL Core&Shell certificate. This means that the building has met a number of strict criteria related to health, well-being and work comfort.

SKYSAWA UNDER CONSTRUCTION

At 36 Świętokrzystska Street, in the very center of Warsaw, there is a Skysawa under construction – a modern office complex implemented by Polski Holding Nieruchomości. Diaphragm walls have already been made, which will soon become the walls of the future underground car park.

WOLA CENTER SOLD

Develia has signed preliminary contract of sale its most prestigious investment – the Wola Center office building in Warsaw. The value of the transaction with Gisla company, controlled by Hines European Value Fund, was set EUR 101.9 million.