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News Demand picks up on Zagreb’s office market
17
Dec
2020

Demand picks up on Zagreb’s office market

by Property Forum
Demand in the third quarter of the year picked up Zagreb’s office market compensating for the slow market activity observed in the second quarter of 2020. Cushman & Wakefield | CBS International Croatia published its Q3 2020 report for the Zagreb office market.
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News In mid-2021, employees will return to offices
17
Dec
2020

In mid-2021, employees will return to offices

by Property Forum
Managing directors believe that the conditions for doing business in the next six months will be the same or better than now. Only 9% of people fear that it will get worse. This optimism translates into the belief that employees will return to their offices in mid-2021, according to the CBRE report "The Future of the Office Survey". Currently, companies are prevented from physically returning to their office space by the high number of cases in a given country, the risk of the virus spreading through the company, and the employees’ reluctance to return.
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News State sector is renting more and more offices in Poland
16
Dec
2020

State sector is renting more and more offices in Poland

by Property Forum
The public sector, which employs over 3 million people in Poland, is becoming an increasingly stronger player on the office real estate market.
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News Flex office space sector set to expand in Poland
16
Dec
2020

Flex office space sector set to expand in Poland

by Property Forum
Mindspace, a global provider of flexible workspaces, together with JLL, Colliers International, CBRE, ShareSpace and Brookfield Partners, has published an eBook with forecasts for the development of the flex office space sector in Poland. The experts agree that the current situation has prompted a number of companies to analyse their long-term lease obligations and redesign their strategies for further actions.
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News AFI Properties buys office park in Warsaw for €100 million
15
Dec
2020

AFI Properties buys office park in Warsaw for €100 million

by Property Forum
Israeli investment group AFI Properties has signed an agreement for the acquisition of the T-Mobile Office Park in the Warsaw district of Mokotów for about €100 million. The previous owner was Starwood Capital Group.
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News Wing completes development of Budapest office building
14
Dec
2020

Wing completes development of Budapest office building

by Property Forum
Developed by Wing, the brand-new headquarters building of evosoft Hungary Kft., a Siemens subsidiary, was completed on time and tailored fully to the tenant’s needs. Located at the Buda end of the Rákóczi Bridge, the 22,000 sqm complex was completed as part of the second phase of the Hungarian Nobel Prize Winners R&D Park. The building, home to a six-storey research and development facility, is equipped with cutting-edge technology and meets Gold-level environmental friendliness and energy efficiency LEED certification criteria. Evosoft is expected to begin moving into the building in December 2020.
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News More offices available for subleasing
11
Dec
2020

More offices available for subleasing

by Property Forum
As was the case in the global financial crisis, the number of companies looking for cost savings continues to grow, with some deciding to sublease their offices.
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News Globalworth takes on the management of WTT
11
Dec
2020

Globalworth takes on the management of WTT

by Property Forum
Warsaw Trade Tower, one of the tallest skyscrapers in the Polish capital is now being managed by its owner, Globalworth.
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News Local developer completes mixed-use project in Cluj-Napoca
11
Dec
2020

Local developer completes mixed-use project in Cluj-Napoca

by Property Forum
The final stage of the Cluj Business Campus mixed-use project in Cluj-Napoca has been completed following a €27 million investment. The project comprises over 30,000 sqm of Class A office space and apartments.
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News Catinvest completes 12,300 sqm mixed-use building in Craiova
09
Dec
2020

Catinvest completes 12,300 sqm mixed-use building in Craiova

by Property Forum
French real estate group Catinvest has opened the first Class A office building in Craiova, Romania. The new offices of Electroputere Parc are part of the mixed-use building covering 12,300 sqm that has been completed this year and another similar building with 12,700 sqm is set to be completed in Q2 2021. The total investment cost amounts to €39 million.
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Latest news


New leases

  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.
  • SNF, a company operating in the beauty sector, has renewed its lease for approximately 2,300 sqm of warehouse and office space at Prologis Park Poznań I. Axi Immo represented the tenant in the transaction.

New appointments

  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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