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Polish Retail Market – Awaiting New Projects, Brands and Concepts

A small increase in retail supply in Q1 was recorded. Large projects are under construction in major agglomerations.

Goodman expands Kraków Airport Logistics Centre

Goodman Group has commenced speculative construction of a 12,000 sqm warehouse at Goodman Kraków Airport Logistics Centre (“KALC”), the largest logistics investment in the Lesser Poland region. The facility will be handed over at the end of the second quarter of 2016.

Prologis to deliver two new facilities at Prologis Park Prague D1

Prologis will expand Prologis Park Prague D1 East by developing two additional buildings, DC8 and DC9, totalling 10,360 sqm, for which two pre-leasing agreements have been signed prior to construction.

Goodman further strengthens its position in CEE with 944,000 sqm under management

Goodman Group (Goodman or Group), a global owner, developer and manager of industrial real estate, has successfully concluded the first half of its 2016 financial year (FY2016), signing lease agreements for almost one million sqm of logistics space in Continental Europe, with over 720,000 sqm currently under construction, of which approximately 544,000 sqm commenced in the reporting period.

Prologis Appoints Ben Bannatyne as President of Prologis Europe

WARSAW (December 14, 2015) – Prologis, Inc., the global leader in industrial real estate, today announced that Ben Bannatyne has been appointed President of Prologis Europe, succeeding Philip Dunne, who has been in the role for almost seven years.

Panattoni Europe completed the project for GE Energy Management - 45,000 sqm brilliant factory in Bielsko-Biała

Panattoni Europe, Poland's leader in the industrial property market, has completed the construction of the first European brilliant factory for GE Energy Management. The facility totalling more than 45,000 sqm is situated in Bielsko-Biała and has taken nine months to build.

Cushman & Wakefield’s Central European Industrial Market Report: The value of industrial properties in Central Europe is growing

Both the development and take-up of industrial parks in Central Europe is continuing and slightly accelerating in comparison with last year, according to research from Cushman & Wakefield. The appetite for investing in commercial properties is also increasing, with a shortage on the supply side making buyers willing to pay more. This trend is most obvious for logistic and production facilities.

Skanska sells portfolio of four office buildings in two Polish regional cities

Skanska Commercial Development Europe has sold a portfolio of four office buildings in two Polish regional cities. A fund managed by the Swedish fund manager Niam has purchased two investments in Krakow, Kapelanka 42 A and Axis, as well as buildings A and B at the Silesia Business Park complex in Katowice. This is the largest sales transaction conducted this year in the CEE office market and the largest transaction in the history of Skanska's activity in this region.

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