ARTICLES IN Office TOPIC

19
Jan
2022

New office demand in Bucharest up 47% in 2021

by Property Forum
New demand for office spaces in Bucharest soared 47% to 104,000 sqm year-on-year in 2021, while total demand volumes gained 23% to 263,000 sqm, according to real estate consultancy Colliers. 
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19
Jan
2022

Futureal’s Corvin Innovation Campus in Budapest tops out

by Property Forum
The first phase of the Corvin Innovation Campus, with almost 17,200 sqm of office space, has reached its highest point. Developed by Futureal and located in the immediate vicinity of Corvin Promenade in Budapest, the first phase of the 30,000 sqm complex is expected to be completed by the end of 2022, while the second phase is scheduled for completion in Q4 2023.
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18
Jan
2022

Heineken Romania to relocate HQ to new building in Bucharest

by Property Forum
Beverages maker Heineken Romania will relocate its HQ to a new building under development in northern Bucharest. The company will occupy 3,200 sqm, similar to the surface it has leased in the S-Park project, owned by Immofinanz, according to profit.ro. 
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17
Jan
2022

One United delivers first phase of Bucharest office project

by Property Forum
Romanian developer One United Properties has completed the first phase of Bucharest-based One Cotroceni Office Park, with a gross leasable area of 46,000 sqm. The company said it has leased 75% of the office and commercial spaces by the time of delivery. 
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14
Jan
2022

Flex is driving the office industry’s disruption

by Property Forum
The change in the office market which we witnessed in 2021 was only the warmup for what is to come in 2022 and forward. The sharing economy and digitization are driving the disruption in the office industry and the adaption of hybrid work models from international corporations are acting as a booster. New Work’s annual Flex Office Market Report 2022, presented in Warsaw and broadcasted internationally, provides some insights.
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13
Jan
2022

CBRE to manage CA Immo’s office buildings in Budapest

by Property Forum
CBRE has secured a property management mandate for CA Immo's entire Budapest office portfolio of 9 buildings, the company announced on LinkedIn.
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13
Jan
2022

Skanska: Office market has good prospects in 2022

by Property Forum
Last year was a demanding period for the office market and a test for us, which we managed to successfully pass, says Katarzyna Zawodna-Bijoch, President and CEO at Skanska’s commercial development business unit in Central & Eastern Europe (CEE). In 2022, we will witness safe and futureproof workplaces, new technologies as well as Environmental, Social & Governance (ESG) areas becoming increasingly important, with the latter being subject to continuous intensive analyses as a business trend.
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12
Jan
2022

Office-based corporations see no meaningful savings despite WFH

by Property Forum
Despite almost all European office employees working from home last year the empty workplaces did not lead to a reduction in the expenditure that companies had to fulfil had the workforce been in the office. The average costs per FTE fell by only 2% and amounted to €9,468. These findings have been published by Colliers, Occupier Cost Index (OCI), which comprises data from 29 countries, 3,990 buildings, 26.1 million square meters of office space and 1.96 million FTEs.
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10
Jan
2022

Griffes ranks as Romania’s second most active office leasing agency in 2021

by Property Forum
Griffes ended 2021 with a significant office leasing surge, placing the agency as the second best performing real estate player in the intermediated office leasing segment in Romania. The achievement tops Griffes’ 5 years of activity on the Romanian real estate landscape which the company celebrated at the end of the year. The team extended significantly its activities throughout 2021, growing into land sales and industrial leasing by marketing a large-scale project to be developed next to Budapest Airport in Hungary.
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06
Jan
2022

Atenor completes sale of Dacia One in Bucharest

by Property Forum
Property developer Atenor got €50 million from the sale of Dacia One office project in Bucharest to Pavăl Holding, in a deal brokered by real estate consultancy Colliers. 
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Latest news


New leases

  • FitFabric will open a fitness club in the WIMA Widzewska Manufaktura mixed-use complex, developed by Cavatina Holding on al. Piłsudskiego in Łódź.
  • Stokrotka, Polish grocery chain has leased almost 3,000 sqm (including 125 sqm of office space) in 7R Park Bydgoszcz I warehouse complex.
  • German healthcare services provider doctari group has opened a technology hub in Iulius Town, the mixed-use project based in Timișoara. The company plans to hire 30 tech specialists in the new office.

New appointments

  • Nikola Ristivojevic has started a new position as Director of Capital Markets at Coreside Savills in Serbia. He previously worked as Senior Consultant at CBS International, a member of Cushman & Wakefield Alliance.
  • Victor Răchită has been appointed Leader of the Industrial & Logistics department of real estate consultancy CBRE Romania. He has more than 20 years’ worth of experience in the property industry, working for more than a decade for CBRE.
  • JLL Hungary is launching a business development division in order to maximize synergies between its existing departments and to increase the operational efficiency of its services. The new business unit, responding to rapidly changing market and client needs, will be led by Tamás Pál MRICS, who has more than a decade and a half of experience in the commercial real estate market.


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