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Modern building of Kaleńska 5 is entirely managed by New Work and offers up to 178 work stations on 1,600 sqm of usable floor space on 4 floors. Its character and atmosphere refers...

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ALEXANDRU CRISTEA

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Cushman & Wakefield has been appointed property manager of Rondo 1

Global real estate services firm Cushman & Wakefield has been appointed property manager of Rondo 1, a prestigious office building in Warsaw. The company has also seen its mandate to manage Green Corner B and Kopernik Office Buildings extended.

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IInvestment market challenges in 2020

2019 was a record-breaking year for the commercial real estate market in Poland in many respects: nearly 150 transactions were recorded (compared to ca. 100 in 2018), the value of which reached EUR 7.7 billion (in 2018: EUR 7.2 billion). 2020 may be even better, as we expect a further increase in liquidity. This is due to the inflow of investment capital with different risk profiles from outside Europe, primarily from the Middle East, the Far East and North America – from core/ core+ (South Korea, China, potentially Japan, Canada, Australia, Israel) to value-add ( Singapore, Philippines, Malaysia, as well as Canada and Israel). New investors, from Central and Eastern Europe, primarily from the Czech Republic, Hungary and Slovakia, are also expected to increase their involvement in Poland.

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Echo Investment secures development pipeline for destination projects in Cracow, Poznań and Łódź

Echo Investment has secured three standing and working 1st generation shopping malls belonging to the Tesco Group. Altogether, around 240,000 sqm mixed use area consisting of office, retail and residential space can be developed on plots located in Poznań, Łódź and Cracow.

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Interview

Tenant experience brought up to next level

Vincent Vallois MRICS, Co-Founder of Online Real Assets – CEE Partner of Spaceflow tenant experience application – sees the market from a new perspective. Online Real Assets has just launched Spaceflow in Hungary and they see great potential and momentum for a space-as-service transition of the commercial real estate market.

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How BREEAM works

BREEAM rewards performance above regulation which delivers environmental, comfort or health benefits. BREEAM awards points or ‘Credits’ and groups the environmental impacts as follows: –Energy: operational energy and carbon dioxide (CO2) –Management: management policy, commissioning, site management and procurement –Health and Wellbeing: indoor and external issues (noise, light, air, quality etc) –Transport: transport-related CO2 and location related factors –Water consumption and efficiency –Materials: embodied impacts of building materials, including lifecycle impacts like embodied carbon dioxide –Waste: construction resource efficiency and operational waste management and minimisation –Pollution: external air and water pollution –Land Use: type of site and building footprint –Ecology: ecological value, conservation and enhancement of the site The total number of points or credits gained in each section is multiplied by an environmental weighting factor which takes into account the relative importance of each section. Section scores are then added together to produce a single overall score. Once the overall score for the building is known this is translated into a rating on a scale of: -Pass -Good -Very Good -Excellent -Outstanding

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