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News Polish developer Cavatina Holding prepares for IPO
22
Mar
2021

Polish developer Cavatina Holding prepares for IPO

by Property Forum
Cavatina Holding SA, the largest Polish office developer, has submitted an issue prospectus to the Polish Financial Supervision Authority in connection with the planned public offering of shares (IPO) and entry to the main market of the Warsaw Stock Exchange.
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News Capital Park’s Warsaw project now fully leased
22
Mar
2021

Capital Park’s Warsaw project now fully leased

by Property Forum
Royal Wilanów, a mixed-use building in Warsaw owned and managed by the Capital Park Group, has two new tenants. The companies LUX MED and Hilti will soon move into the building. Thanks to these transactions, the entire building is now 100 percent leased.
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News Adventum in talks to buy Bucharest office building
22
Mar
2021

Adventum in talks to buy Bucharest office building

by Property Forum
Adventum is analyzing the acquisition of the Hermes Business Campus office project in Bucharest, owned by Atenor, in a transaction of over €150 million, according to Ziarul Financiar.
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News Gdańsk office building gets max WELL Health-Safety rating
19
Mar
2021

Gdańsk office building gets max WELL Health-Safety rating

by Property Forum
Olivia Business Centre in Gdańsk has undergone the analysis conducted by experts from the International Well Building Institute (IWBI) from New York. Olivia received a maximum score of 25 out of 25 points. According to the owner of the complex, this is the first such result recorded globally.
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News AFI Europe hands over new building in Belgrade complex
19
Mar
2021

AFI Europe hands over new building in Belgrade complex

by Property Forum
Developer AFI Europe completed the second phase of the construction of the Skyline Belgrade mixed-use project, a 3-story building, totalling over 3,800 sqm of prime office and retail space.
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News Romania: 55% of employees work at least partially from the office
17
Mar
2021

Romania: 55% of employees work at least partially from the office

by Property Forum
A year into the pandemic, almost 55% of employees are working partially or exclusively from the office. 4 in 10 say they are satisfied with their current way of working, a study from Romanian Genesis Property shows.
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News Construction of Brain Park offices in Kraków is on
15
Mar
2021

Construction of Brain Park offices in Kraków is on

by Property Forum
Echo Investment has started the construction of the Brain Park office complex in Kraków. Over 43,000 sqm of workspace and almost 10,000 sqm of green areas will be developed at Aleja Pokoju, one of the city's main arteries. The first phase of the project will be completed in the third quarter of 2022.
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News Many office buildings in Romania to be postponed
12
Mar
2021

Many office buildings in Romania to be postponed

by Property Forum
Colliers consultants expect a lot of buildings due in 2022 or later to be postponed at least until the market balances itself out.
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News Immofinanz opens showroom in Budapest office building
12
Mar
2021

Immofinanz opens showroom in Budapest office building

by Property Forum
Major upgrades have launched recently in the myhive Haller Gardens office building, owned by Immofinanz in Budapest and a showroom has been completed in the first phase as planned. The large-scale renovation will affect the entire office building. In addition to the significant energy and technical improvements, the building’s exterior facade, community and office spaces, restaurant and café will be renovated, just as the roof terrace and surrounding garden that will be significantly rebuilt.
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News Need for flex office space expected to grow exponentially
12
Mar
2021

Need for flex office space expected to grow exponentially

by Property Forum
The past year has turned every aspect of our lives upside down, including the way we work and use office space. CEE-based flex office provider New Work has updated its annual research that confronts these issues and shows how our habits to use office as a place of work have changed over the past year. Research shows that flexible office space in Hungary, Poland, the Czech Republic and Romania has increased tenfold and workplace needs now are completely different than ever before, so there should be an office ready to use at every corner.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.
  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.

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