News - New leases drive Bratislava’s office market
26
Jul
2021

New leases drive Bratislava’s office market

by Property Forum
Lease transactions in Q2 2021 on Bratislava’s office market reached 37,000 sqm, representing a 19% increase year-on-year. Bratislava Research Forum announced the office market figures for Q2 2021.
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News - Prague’s office take-up grows by 10% year-on-year
23
Jul
2021

Prague’s office take-up grows by 10% year-on-year

by Property Forum
Gross take-up on the Prague office market in Q2 2021 amounted to 89,300 sqm, representing a 5% decrease on the previous quarter but a 10% increase in a year-on-year comparison. The Prague Research Forum has published the office market figures for the past quarter.
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News - Record low office developer activity recorded in Warsaw
23
Jul
2021

Record low office developer activity recorded in Warsaw

by Property Forum
The lowest amount of office space under construction in Warsaw since 2010 may point to a supply gap in 2023, according to JLL’s market summary for H1 2021.
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News - Colliers to commercialise GTC’s Łódź building
23
Jul
2021

Colliers to commercialise GTC’s Łódź building

by Property Forum
Colliers has been chosen to be the exclusive commercialisation agent for University Business Park in Łódź, which is owned by Globe Trade Centre.
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News - Office vacancy rate in Warsaw reaches 12.5%
22
Jul
2021

Office vacancy rate in Warsaw reaches 12.5%

by Property Forum
PINK has published figures on the office market in Warsaw for Q2 2021. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers, Cresa, Cushman&Wakefield, JLL, Knight Frank, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.
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News - Commerz Real leases 12,000 sqm to Warsaw’s Municipal Office
22
Jul
2021

Commerz Real leases 12,000 sqm to Warsaw’s Municipal Office

by Property Forum
Warsaw’s Municipal Office has leased 12,000 square metres in the recently completed Widok Towers in Warsaw. The Technical City Hall will occupy ten of the total of 28 stories in the future. The high-rise complex, which was developed by Austria’s S+B Gruppe, has been owned by the Commerz Real open-ended real estate fund hausInvest since 2014.
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News - Wing to develop RTL Hungary’s new head office
20
Jul
2021

Wing to develop RTL Hungary’s new head office

by Property Forum
Wing and RTL Services Kft., a business services company of Magyar RTL Televízió Zrt., have signed a long-term lease agreement involving the soon to be renovated Liget Center and Liget Auditorium office buildings. RTL Hungary’s head office and news studios will relocate to this nearly 9,000 sqm complex in a historic environment opposite City Park in 2024, after the renovation of the heritage buildings in a development fully tailored to the tenant’s needs.
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News - Renewals continue to drive Budapest’s office market
19
Jul
2021

Renewals continue to drive Budapest’s office market

by Property Forum
Total demand on the Budapest office market reached 97,990 sqm in Q2 2021, representing increases of 31% quarter-on-quarter and 11% year-on-year. Renewals still made up the largest share of total leasing activity with 40%, according to the Budapest Research Forum (BRF).
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News - CTP secures new tenant for Brno office complex
13
Jul
2021

CTP secures new tenant for Brno office complex

by Property Forum
Zebra Technologies, a global leader in mobile computing, barcode printers and scanners, is moving from Brno’s Královo Pole district, where it has been operating for 17 years, to the Vlněna office complex built by CTP in the centre of Brno.
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News - Property Market secures occupancy permit for Budapest office building
12
Jul
2021

Property Market secures occupancy permit for Budapest office building

by Property Forum
The BudaPart CITY office building in South Buda has received its occupancy permit. The first tenants can move into the building, developed by Property Market Kft., already in the summer.
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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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