News - Skanska gets gold for two of its Polish office buildings
25
Aug
2021

Skanska gets gold for two of its Polish office buildings

by Property Forum
Building B at the Warsaw Spark complex and Generation Park Z are the next Skanska office buildings which have received the WELL Core & Shell certificate at the Gold level from the International WELL Building Institute (IWBI). This is the fourth and fifth Skanska project certified in Central and Eastern Europe.
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News - Office demand in Bucharest down 10% in H1 2021
23
Aug
2021

Office demand in Bucharest down 10% in H1 2021

by Property Forum
Bucharest’s office stock topped 3 million sqm at the end of the first half, with more than 250,000 sqm of new spaces slated for delivery by the end of next year, according to a report by Colliers. 
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News - C&W to manage GTC office buildings in Kraków
23
Aug
2021

C&W to manage GTC office buildings in Kraków

by Property Forum
Cushman & Wakefield will represent the owner of the Kraków office complex in Armii Krajowej Street, a major road of the city, in office leasing processes. The complex offers a total of more than 36,900 sq m of modern office space.
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News - The future of offices looks cautiously optimistic
20
Aug
2021

The future of offices looks cautiously optimistic

by Property Forum
The office market is now at the epicentre of changes caused by the transition to the remote work model due to the COVID-19 pandemic. However, with the epidemic situation improving, organisations have already commenced planning the return of employees to the workplace. The analysis of the findings of a survey of tenants of the office buildings in the portfolio of properties under the management of Cushman & Wakefield Poland reveals how companies are preparing for this change.
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News - Polish office market shows signs of changing trends
19
Aug
2021

Polish office market shows signs of changing trends

by Property Forum
In the first half of this year, more office space was leased in the Tri-City and Poznan than in the same period in previous years, says Walter Herz advisory company
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News - Nooka Space adds smart office in Bucharest mall
19
Aug
2021

Nooka Space adds smart office in Bucharest mall

by Property Forum
Irish startup Nooka Space has installed its first smart proximity office in the garden of Bucharest-based shopping mall ParkLake. 
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News - Prague office leasing activity is picking up slowly
17
Aug
2021

Prague office leasing activity is picking up slowly

by Property Forum
According to Savills, total modern office space in Prague increased slightly in Q2 2021 to 3.73 million sqm. Although subdued and still challenged by uncertainty, Q2 2021 saw a recovery in new supply as 49,500 sqm was delivered to the market across four new projects. Even though a decline of 57% is still visible in y-o-y comparison, new office supply for the second quarter is 10% above the pre-pandemic quarterly average.
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News - Atenor sells Bucharest-based Dacia One to Pavăl Holding
17
Aug
2021

Atenor sells Bucharest-based Dacia One to Pavăl Holding

by Property Forum
Property developer Atenor says it sold its office project Dacia One in central Bucharest to Pavăl Holding, then owner of Romanian DIY retailer Dedeman. 
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News - Survey: Romanian employees look for healthy offices
12
Aug
2021

Survey: Romanian employees look for healthy offices

by Property Forum
Standards that certify a building's resilience to a pandemic are not only useful, but also necessary in the current context, according to 96% of employees surveyed by Romanian developer Genesis Property. 
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News - Bucharest office leasing at 70,000 sqm in Q2
11
Aug
2021

Bucharest office leasing at 70,000 sqm in Q2

by Property Forum
The office leasing market in Bucharest is gradually recovering and there were deals worth 70,000 sqm that were closed in the second quarter, according to an analysis by real estate consultancy Griffes. 
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Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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