Colliers International Romania advised East Balkan Properties plc in the selling of its office portfolio consisting of four buildings with a total area of 9,047 sqm, situated in strategic locations in the capital. The acquisition was made by Adam Europe, the group that purchased a while ago the Phoenix Tower and Construdava Business Center office buildings, following two transactions that were also advised by Colliers.

Cushman & Wakefield has published a summary of the first half of 2018 on the Warsaw office market in its latest MarketBeat report. Effects of the existing supply gap are likely to carry into 2020 when large-scale office projects providing a cumulative annual supply of 430,000 sqm will be delivered. As a result, tenants are increasingly opting for pre-lets to secure prime office locations.

Design & Build, a wholly owned subsidiary of JLL, appointed a new Senior Architect in Slovakia.JLL Slovakia opened its Project & Development Services department back in 2013 and in cooperation with Czech Tétris Design & Build team concluded several successful projects for well established and important local and international clients.

WeWork, flexible workspace provider, has become the sole tenant of office space in the Western Building of the Mennica Legacy Tower, a modern office complex being built by Golub GetHouse and Mennica Polska S.A. at the junction of Prosta and Żelazna streets in Warsaw.

Retail deliveries in Romania will return to a positive trend in the second half of 2018, when at least 90,000 square meters will be delivered in four cities, with no openings scheduled for Bucharest, according to Cushman & Wakefield Echinox.

Colliers International has agreed to consolidate its business in the Czech Republic with the ThreeSixty Agency, bringing to Colliers their extensive pipeline of deals, relationships and successful track record. The ThreeSixty partners Tewfik Sabongui and Petr Žalský will become equity partners of Colliers International, Czech Republic, with Tewfik Sabongui taking on the role of Managing Partner and Petr Žalský in the role of Director of Office Agency. All other ThreeSixty employees have also joined Colliers, effective immediately.

After almost two decades AEW Europe decided to sell Atrium Tower office building located in Warsaw. The new owner of the property is VIG FUND, the real estate investment vehicle of Vienna Insurance Group (VIG). Real estate advisor Savills represented AEW Europe in the transaction.

Properties worth up to €3.88 billion have switched owners since January in Poland. JLL analysed the investment transactions concluded in the commercial real estate sector in Poland.

Cushman & Wakefield has been appointed on an exclusive basis to sell the Zepter Business Center, an office building at ul. Domaniewskia 37 in Warsaw.

The total investment volume in Slovakia for H1 2018 reached just under €500 million, a significant amount compared to the €535 million for the entire 2017 and record-breaking €850 million in 2016. This is the result of several mid-volume level deals slipping from 2017 Q4 to 2018 Q1/Q2, as well as increased liquidity and investment activity on the Slovak market, according to JLL.