Poland‘s legislation continues to block the creation of new property investment vehicles. The 2013 edition of CED-Invest PL at the Sheraton Warsaw Hotel featured two high-level panels on topics of immediate interest to professionals in the country’s property sector: Tomasz Trzósło, Managing Director of JLL’s Polish office moderated the first: [...]

Renata Osiecka, AXI Immo’s managing partner, says recent deals have sparked interest from other investors. How liquid is the warehouse market in Poland at the moment? The market has actually regained liquidity this year thanks to Hines and Blackstone deals from last year. These transactions helped to convince investors to [...]

Cushman & Wakefield secured three office lease deals in Kraków office market in February. The Dutch company Booking.com signed on for 200 sqm of space at the Nowe Herbowo office building, which is part of the Herbowo office complex. The agency also handled a lease extension for the Akamai company, [...]

Marek Koziarek (Bank Pekao) says his bank continues to back new developments along with its existing clients How active was Bank Pekao last year in its real estate lending activities? I can say that the new lending last year was about 8 percent higher than in 2011, and 2011 wasn‘t [...]

Banks and developers agree that the best properties in Poland are finding the financing they need How have financing deals been changing recently? They actually have been changing constantly over the past months with the required equity level increasing for the developers. For the smaller developers, it could now be [...]

Martin Erbe (Helaba) says today‘s financing depends on both the asset and the sponsor. Helaba is very clearly quite active in Poland. What‘s your hope for the rest of CEE, in terms of how much financing activity you would expect to undertake? Our strategy currently covers – besides Poland – [...]

Stanislav Frnka, CEO HB Reavis Poland, says investor demand for Warsaw assets  is fueling his company‘s ambition. Is Poland now a primary market for HB Reavis? We believe there’s still some space for new investments in Warsaw, as we don’t see it as an oversaturated market. From our perspective, this [...]

The developer of the mixed-use DOCK scheme 01 is exploiting the unique atmosphere offered by its location directly on Prague‘s Vltava river. Pressure has been growing steadily on developers to improve the quality of their projects, but it‘s not just the banks that are demanding higher spec buildings in proven [...]

A number of new office projects, totaling 120,000 sqm, came on-line in Warsaw in the fourth quarter of 2012. The last-minute supply spurt brought the total stock of office supply in the Polish capital to 3.9 million sqm, according to recent figures released by CBRE. Roughly 268,000 sqm of that [...]

Despite the difficult market, IKEA managed to improve its results in Poland last year. Sales for its Polish business grew by 12.2 percent in 2012, coming in at PLN 1.91bn. This made Poland the third most profitable region for the company worldwide, following Russia and China. Globally, IKEA Group posted a [...]