News - CA Immo gets COVID-19 compliant certification for Romanian portfolio
10
Aug
2021

CA Immo gets COVID-19 compliant certification for Romanian portfolio

by Property Forum
CA Immo says it has obtained the COVID-19 Compliant certification for its entire Romanian portfolio that comprises seven office buildings with a total leasable area of over 165,000 sqm. 
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News - Skanska starts construction of Warsaw office complex
09
Aug
2021

Skanska starts construction of Warsaw office complex

by Property Forum
A location between two metro stations - Rondo ONZ and Rondo Daszyńskiego, characteristic Xs in the architecture of the ground floor. These are just some of the distinguishing features of the new Skanska project in Warsaw. Studio, the newest Skanska office complex, the construction of which starts on Prosta Street, will provide a total lease area of approx. 43,000 sqm GLA. This is yet another project of the Swedish developer in the business district in Warsaw.
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News - Speedwell completes Record Park Offices in Cluj-Napoca
09
Aug
2021

Speedwell completes Record Park Offices in Cluj-Napoca

by Property Forum
Real estate developer Speedwell says it has refinanced a loan granted by BRD Société Générale after the completion of Cluj-based Record Park Offices. 
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News - JLL to lease Focus building in Warsaw
04
Aug
2021

JLL to lease Focus building in Warsaw

by Property Forum
JLL was appointed an exclusive leasing agent for the Focus office building in Warsaw.
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News - Warsaw’s office market remains troubled
03
Aug
2021

Warsaw’s office market remains troubled

by Property Forum
What will offices look like once the pandemic is over? Five quarters of a health crisis later and there is still no clear answer for Warsaw’s office market. Prudent decision-making and waiting to see what happens as observed for the last few quarters on the one hand, with evident landlord flexibility, great expectations as to the vaccination rate in the capital, unfreezing of decision-making processes regarding office leases and the decidedly growing need and desire to return to office working on the other hand. Analysts at BNP Paribas Real Estate discuss the key trends prevailing on the capital’s office market to summarize the second quarter of the year.
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News - Bucharest office stock to add 200,000 sqm in H2
30
Jul
2021

Bucharest office stock to add 200,000 sqm in H2

by Property Forum
The new office supply in Bucharest is set to exceed 200,000 sqm in the second half of this year, with almost two thirds of the offices scheduled for delivery by year’s end already pre-leased. 
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News - Poland’s office market now totals 12 million sqm
30
Jul
2021

Poland’s office market now totals 12 million sqm

by Property Forum
Tenants on the office market are cautiously optimistic as demand for offices outside Warsaw grows. Advisory company JLL summarizes the situation on the Polish office market in H1 2021.
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News - Skanska begins next phase of Centrum Południe in Wrocław
29
Jul
2021

Skanska begins next phase of Centrum Południe in Wrocław

by Property Forum
Over 21,000 sqm of office space located on 13 floors, terraces for tenants and a basketball court – this will be the second phase of the Centrum Południe office complex currently being developed by Skanska. Like the existing buildings, the new phase will apply for numerous certificates, including the WELL Core&Shell. 
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News - Vacancy rates are rising in Polish offices
28
Jul
2021

Vacancy rates are rising in Polish offices

by Property Forum
The Polish Chamber of Commercial Real Estate (PINK) has published figures summarising office market in eight major regional markets in Poland (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, Szczecin) for Q2 2021. 
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News - Cresa: Polish companies gradually return to offices
26
Jul
2021

Cresa: Polish companies gradually return to offices

by Property Forum
According to “Office Occupier: Office Market in Warsaw”, a report published by real estate advisory firm Cresa Poland, total leasing volume reached close to 249,300 sqm in the first half of 2021, accounting for 32.1% of the annual average for 2015-2020.
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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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