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Apollo Rida instructs Cushman Wakefield to commercialise Equal Business Park
Global real estate services firm Cushman & Wakefield has been appointed as sole letting agent for three buildings of Krakow’s Equal Business Park, owned by funds managed by Apollo-Rida. This modern office complex offers approximately 15,000 sqm of Class A office space available for lease in a prime location.
Ewelina Pietras • January 16, 2025
Customers favourite brands extend leases in Tricity s Matarnia Retail Park under new ownership
24 tenants of the Matarnia Retail Park in Gdansk have extended lease agreements for a combined area of nearly 16,500 sq m. These include H&M, Kappahl, TK Maxx, Media Markt, Douglas, Super-Pharm, Sports Direct, Reserved, House, Mohito, Komfort. Matarnia, which was acquired by French-based company FREY in July 2023, is the largest retail park in northern Poland. Global real estate services company Cushman & Wakefield is responsible for leasing and asset services in the project.
December 19, 2024
Office market stabilises with potential for growth
According to Trends Radar. Real Estate: From Stabilisation To Optimism, a report from global real estate services firm Cushman & Wakefield, office demand across Poland’s office markets is expected to remain stable in the near future, on a par with the levels recorded in 2022-2023, with vacancy rates anticipated to edge down in both Warsaw and regional cities amid gradual market stabilisation. Office development activity is likely to remain subdued in the coming years, creating new opportunities for office stock refurbishment. Despite this, the Polish market offers some of the finest-quality office spaces in Europe. For example, Cushman & Wakefield’s report REThinking European Offices 2030 – Risks and opportunities from obsolescence reveals that the percentage of office stock in Warsaw at risk of becoming obsolete by 2030 is low, at 40%. By comparison, the average for seven key Western European markets (Amsterdam, Barcelona, London, Madrid, Milan, Paris and Stockholm) is nearly twice as high, at 80%.
Vitalii Arkhypenko • December 17, 2024
Bizzarto expands its space in DOMOTEKA
We all appreciate home furnishings that are both functional and aesthetically pleasing. After all, well-designed furniture should not only be visually appealing but also provide comfort and durability for years. This is exactly what the collections of the Polish brand Bizzarto offer. Its sofas, corners sofas and beds are crafted with meticulous attention to every detail, no matter how small. Starting on 7 November, Bizzarto’s flagship collections will be showcased in a larger, more comfortable space in Warsaw’s DOMOTEKA, a hub of inspiration for anyone who values good design and high-quality furniture or home accessories. The lease transaction was brokered for Bizzarto by global real estate services firm Cushman & Wakefield.
Ada Budynek • December 13, 2024
A Polish Czech Collaboration Anchored in Gdynia
Torus Group and J&T Banka have announced their signing of a loan agreement for Gdynia City Logistics - a state-of-the-art urban logistics park developed and managed by the borrower.
December 10, 2024
Cushman Wakefield continues to strengthen its Strategic Consulting ESG Advisory team
Julia Faltus-James, an accredited professional in WELL, ActiveScore and “Green Home” certifications, and Szymon Krawczyk, an energy transition expert, have joined the Strategic Consulting & ESG Advisory team of global real estate services firm Cushman & Wakefield. This move reflects the firm’s response to the growing demand from real estate and construction companies for high-quality specialist services related to the sector’s sustainable transformation. Cushman & Wakefield provides comprehensive solutions tailored to the evolving ESG requirements, addressing the needs of diverse market players.
Katarzyna Lipka • December 10, 2024
2025 real estate tax changes and their practical implications for the commercial property sector
Property tax regulations are set to change starting 1 January 2025. Although the relevant legislation is still in draft form, the progress of legislative work suggests that it will take effect as planned.
Zuzanna Paciorkiewicz • November 05, 2024
How PRS brands build relationships with tenants
Experts from global real estate services firm Cushman & Wakefield note in their report The Housing Sector at the Crossroads 2.0 that the residential sector in Poland is developing ESG strategies focused on environmental aspects. However, PRS and co-living investors are also undertaking community-oriented initiatives. Is the institutional rental market in Poland aiming to be a model of sustainable practices within the residential market?
Katarzyna Lipka • November 04, 2024
Zlote Tarasy expands its sports section on the second floor
Nike is set to soon open its new flagship store on the second floor of the Złote Tarasy shopping centre. Although the brand has had a presence in the retail complex for some time, it has decided to expand and revamp its existing store. Additionally, The North Face has also recently joined the tenants of Złote Tarasy, one of Warsaw’s most popular shopping centres, which is expected to introduce even more sports options.
Izabela Ługowska • October 31, 2024
Outlet Lublins new tenant attracts customers and boosts turnover
7 October 2024 saw the opening of Fabryka Ogólnego Rozwoju (General Development Factory) at the Outlet Lublin shopping centre. This innovative sports centre for children and teenagers offers holistic development training based on a proprietary programme. The new tenant has quickly attracted new customers, boosting the sales of other stores in the retail complex.
October 28, 2024
Leading health and beauty retailers choose Morski Park Handlowy
Rossmann, the leader in Poland’s health and beauty market, has leased approximately 400 sqm at Morski Park Handlowy in Gdansk. The retailer is another tenant who has in recent months chosen this popular retail park in Tricity as the location for its store. Global real estate services firm Cushman & Wakefield facilitated the lease negotiation and signing process.
Ada Budynek • October 23, 2024
The multidimensional art of effective financial management
The retail property market is constantly changing, driven by evolving consumer needs, rising inflation, the shifting legal landscape, and rapidly growing taxes and utility costs. These factors present new challenges for property landlords and managers, particularly when it comes to cost management.
Maciej Sanetra • October 01, 2024
