Continued boom on Kraków's office market

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Prosperity on the office market in Lesser Poland’s capital continues, as is evident from the number of new schemes delivered to the market and those under construction and in the pipeline as well as the volume of transactions completed. Experts at BNP Paribas Real Estate Poland highlight that the market dynamics are not to any significant degree affecting rents or the vacancy rate which remain at a stable level.
Marcredo Shopping Centers with new owner

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HBK, asset manager of Direkt Invest Polen fund, finalized sale transaction of retail portfolio, comprising of seven existing properties as well as development lands for new projects. Master Management Group became new owner of the Portfolio. Total value of the transaction equals to ca. 60 mln EUR. The advisory process for the seller was held by BNP Paribas Real Estate Poland’s Capital Markets CEE team – Dr. Piotr Goździewicz, MRICS, Director and Rafał Proczek, Senior Consultant.
Expansion into the Czech industrial market

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BNP Paribas Real Estate has launched a department to support clients seeking to operate on the industrial and logistics market in the Czech Republic. The person responsible for coordinating all activities and client support for the segment is Tomasz Gnich. At the moment the Czech BNP Paribas Real Estate office employs 19 staff.
BNP Paribas Real Estate Advisory UK announces new board following Strutt & Parker Acquisition

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In August, BNP Paribas Real Estate announced the acquisition of Strutt & Parker, one of the UK’s largest independent property consultants. The two businesses are pleased to confirm that the deal has now completed
It will be a good second half of the year for the Bucharest office market

temu

The significant increase in interest from international investors looking for the best formats of cooperation with local developers sends a powerful message to the market in Romania’s capital city. Importantly, the abovementioned interest applies not only to the office sector, but also to the retail and logistics ones.
Mihaela Oroian joins office agency team in BNP Paribas Real Estate

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Mihaela Oroian joined BNP Paribas Real Estate in Romania and was appointed Senior Consultant at Office Agency Department. She will be responsible for development and growth of office agency activities on Romanian market.
First Cosentino warehouse location in Poland

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Cosentino, a company with Spanish roots and headquartered in Almeria, who produce top quality kitchen and bathrooms surfaces available on more than 80 markets worldwide, has taken up more than 3 200 sqm of warehouse space as well as 250 sqm of office and staff rest and refreshment space in Hillwood & PHN Pruszków. Experts at BNP Paribas Real Estate Poland advised Cosentino on analysis and selection of the most suitable space and negotiation of lease terms.
Kraków’s first million – regional office markets at the end of H1 2017

temu

In the first half of this year, the capital city of Lesser Poland became the second city in Poland, following Warsaw, where office stock exceeded 1 million sqm. Completion and delivery to the market at the end of June of office schemes with the total area of 61 700 sqm means that office stock in Kraków reached a volume of 1 032 700 sqm. Furthermore, authors of the report highlight the considerable increase in the volume of space under construction, which as compared to the first 6 months of 2016 is higher by 47%.
Impressive results in Poznań and Szczecin – Polish industrial and warehouse market

temu

In the first half of 2017 the warehouse market was unquestionably the fastest growing commercial property sector in Poland. The highest volume of industrial and warehouse space was delivered to the market around Poznań, i.e. 133,000 sqm, while the largest scheme of 161,000 sqm is currently under construction in Szczecin. The record numbers in respect of the schemes delivered to the market are not discouraging developers from commencing new projects.
Frigo Logistics and Longway Polska sign leases for Masovia

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A logistics operator specializing in distribution of deep-frozen goods has leased nearly 1 200 sqm of deep-frozen warehousing space and 150 sqm of office space in the P3 Błonie logistics park. In turn, Longway Poland, the owner of the popular bicycle brand Karbon, has gone for Pruszkowskie Centrum Dystrybucyjne, where it will be taking up more than 1 400 sqm of warehouse space and 300 sqm of office and staff rest and refreshment space. Both of the above transactions were completed with the support of consultants from the Industrial and Logistics Department at BNP Paribas Real Estate Poland.
Continued boom on Kraków's office market

temu

Prosperity on the office market in Lesser Poland’s capital continues, as is evident from the number of new schemes delivered to the market and those under construction and in the pipeline as well as the volume of transactions completed. Experts at BNP Paribas Real Estate Poland highlight that the market dynamics are not to any significant degree affecting rents or the vacancy rate which remain at a stable level.
Marcredo Shopping Centers with new owner

temu

HBK, asset manager of Direkt Invest Polen fund, finalized sale transaction of retail portfolio, comprising of seven existing properties as well as development lands for new projects. Master Management Group became new owner of the Portfolio. Total value of the transaction equals to ca. 60 mln EUR. The advisory process for the seller was held by BNP Paribas Real Estate Poland’s Capital Markets CEE team – Dr. Piotr Goździewicz, MRICS, Director and Rafał Proczek, Senior Consultant.
Expansion into the Czech industrial market

temu

BNP Paribas Real Estate has launched a department to support clients seeking to operate on the industrial and logistics market in the Czech Republic. The person responsible for coordinating all activities and client support for the segment is Tomasz Gnich. At the moment the Czech BNP Paribas Real Estate office employs 19 staff.
BNP Paribas Real Estate Advisory UK announces new board following Strutt & Parker Acquisition

temu

In August, BNP Paribas Real Estate announced the acquisition of Strutt & Parker, one of the UK’s largest independent property consultants. The two businesses are pleased to confirm that the deal has now completed
It will be a good second half of the year for the Bucharest office market

temu

The significant increase in interest from international investors looking for the best formats of cooperation with local developers sends a powerful message to the market in Romania’s capital city. Importantly, the abovementioned interest applies not only to the office sector, but also to the retail and logistics ones.
Mihaela Oroian joins office agency team in BNP Paribas Real Estate

temu

Mihaela Oroian joined BNP Paribas Real Estate in Romania and was appointed Senior Consultant at Office Agency Department. She will be responsible for development and growth of office agency activities on Romanian market.
First Cosentino warehouse location in Poland

temu

Cosentino, a company with Spanish roots and headquartered in Almeria, who produce top quality kitchen and bathrooms surfaces available on more than 80 markets worldwide, has taken up more than 3 200 sqm of warehouse space as well as 250 sqm of office and staff rest and refreshment space in Hillwood & PHN Pruszków. Experts at BNP Paribas Real Estate Poland advised Cosentino on analysis and selection of the most suitable space and negotiation of lease terms.
Kraków’s first million – regional office markets at the end of H1 2017

temu

In the first half of this year, the capital city of Lesser Poland became the second city in Poland, following Warsaw, where office stock exceeded 1 million sqm. Completion and delivery to the market at the end of June of office schemes with the total area of 61 700 sqm means that office stock in Kraków reached a volume of 1 032 700 sqm. Furthermore, authors of the report highlight the considerable increase in the volume of space under construction, which as compared to the first 6 months of 2016 is higher by 47%.
Impressive results in Poznań and Szczecin – Polish industrial and warehouse market

temu

In the first half of 2017 the warehouse market was unquestionably the fastest growing commercial property sector in Poland. The highest volume of industrial and warehouse space was delivered to the market around Poznań, i.e. 133,000 sqm, while the largest scheme of 161,000 sqm is currently under construction in Szczecin. The record numbers in respect of the schemes delivered to the market are not discouraging developers from commencing new projects.
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