Regesta, a specialist provider of road transport, forwarding and logistics services, has renewed its lease for more than 17,000 sqm of warehouse, office and social space in Park Tychy DC1. The tenant was represented during the lease negotiations by Newmark Polska.

Alina Necula, Country Manager for Romania at Lion’s Head, spoke with Property Forum about the company’s plans to expand in the industrial and logistics sector and its strategy to boost its Bucharest- based portfolio. She also mentioned some of the trends that are shaping the workplace environment. 

The latest plan by the Czech Ministry of Regional Development is to increase the parking capacity of new projects and tighten conditions for developers. It has presented its proposal to adjust the conditions for building parking in the Czech Republic, which experts say will increase housing prices, according to the online daily Seznamzprávy.cz.

Správa železnic (Railway Administration) has announced a tender for a contractor who will reconstruct Prague's oldest train station - Masarykovo nádraží - for CZK 3.2 billion (€134.6 million). The idea of the authority is that the contractor should be able to connect the historical spaces with contemporary architecture and at the same time that the comfort for passengers and trains should be significantly increased, according to the report by the Správa železnic.

The vacancy rate has climbed again in the second quarter on Budapest's struggling office market, reaching 12.6% after 12.2% in the previous quarter. Total demand reached 119,890 sqm in Q2 2023, which is 56% higher than the value registered in the previous quarter, the Budapest Research Forum reports.

Panattoni is beginning the construction of City Logistics Kraków Airport II, a speculative project worth €34 million. It will be located near Balice Airport - the second-largest airport in the country.

The Infinity office building at ul. Legnicka 16 in Wrocław, near pl. Jana Pawła II, has received its final occupancy permit, which means that soon the complex offering almost 22,000 sqm of leasable area will welcome its first tenants. 

Financial company Transilvania Investments has sold the Coroana-Postăvaru hotel in Brașov for close to €9.4 million as part of its portfolio rebalancing strategy. The sale was carried out in a public offering. 

The current results of the Polish investment market may not appear very optimistic at the moment, but this is only a temporary situation. The Polish real estate market has a solid foundation, and investors have proven to be highly adaptable, as evidenced by the results achieved in previous challenging years, reveals Avison Young's investment market summary for H1 2023, prepared by Research and Data Manager Paulina Brzeszkiewicz-Kuczyńska.

When choosing an office, the location is crucial, the costs related to maintaining workplaces are becoming increasingly important for companies, while ESG-related matters are of little importance to them - these are the main conclusions of the latest survey conducted by Walter Herz among the tenants of office space in Warsaw.