Cushman & Wakefield has been appointed as letting agent on Atrium 2 in Warsaw. The office building is in the asset portfolio of German investment fund HANSAINVEST Hanseatische Investment-GmbH, which is represented by its asset manager for Poland, MFC Real Estate.

In the area of the Fuzja by Echo Investment in Łódź, the works related to the construction of the shell of two office buildings have been completed, and the traditional topping out ceremony has been held. Obtaining an occupancy permit is planned for the first quarter of 2022. Medusa Group studio is responsible for the architectural design.

Colliers has taken over the management of Neon office building – the fourth stage of the Alchemia business complex in Gdańsk-Oliwa.

Real estate advisory firm Savills has been appointed as sole letting agent for office space in the Grunwaldzki Center in Wrocław.

Another building of the Nowy Rynek complex in Poznan, developed by Skanska, has received its occupancy permit. Phase D provides approx. 39,000 sqm of office space and will be the first investment in the region to apply for the WELL Core&Shell certificate. It is also the only place in Poznan with a pavement made of green concrete that cleans the air.

Building H3, part of West Gate Business District, in Bucharest, got the highest certification level of the IMMUNE Building Standard. The offices, owned by Genesis Property, are fully occupied by telecom company Ericsson.

Romanian real estate developer Iulius says it will invest around €35 million in the infrastructure and urban mobility features for its Palas Campus project in Iași. The mixed-use project will feature 54,000 sqm of office spaces targeting tech companies and 6,000 sqm of retail spaces.

The Polish office market was booming until the pandemic struck. 2020 brought many changes and a downturn in developer and tenant activity. How is the market doing in the new environment it found itself in over a year ago? Real estate advisory firm Cresa has analysed the current levels of pre-lets and the office development pipeline in Poland.

According to Savills latest research, London City and West End, Paris and Warsaw’s office markets appear most attractively priced in Europe this year due to the opportunity for yield compression and/or attractive yield spreads to risk free rates.

Close to 88% of the employees in Romania believe that offices will exist in the future, but most say that the post-pandemic workspace needs to be transformed, according to a survey commissioned by Genesis Property.