News - Passerinvest Group to launch new mixed-use project in Prague
20
May
2021

Passerinvest Group to launch new mixed-use project in Prague

by Property Forum
Local developer Passerinvest Group is preparing its second large-scale project in Prague, Nové Roztyly. The project is to create offices and other jobs for nearly 3,000 people and to provide housing for around 1,500 residents, local daily E15 reports.
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News - The third High5ive building topped out and 100% leased
19
May
2021

The third High5ive building topped out and 100% leased

by Property Forum
A symbolic topping out was hung on the top floor of the third stage of the High5ive complex by Skanska in Kraków. This means that the main construction work has been completed and the building has reached its target height. Already at this stage of construction, the office section of the building has been completely leased out. With the commissioning, which is scheduled for the first quarter of 2022, Krakow will gain over 11,000 sqm of sustainable and modern office space. This is the first Skanska project in the capital of Lesser Poland, which will apply for the prestigious WELL Core&Shell certificate.
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News - Warsaw UNIT's construction is completed
19
May
2021

Warsaw UNIT's construction is completed

by Property Forum
After 48 months, the construction of Warsaw UNIT has ended. Ghelamco's newest skyscraper has already got the occupancy permit. The first tenants will be moving in soon.
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News - Residential developer JRD enters Prague’s office market
12
May
2021

Residential developer JRD enters Prague’s office market

by Property Forum
Local residential developer JRD is entering the commercial segment. The company plans to build its first office project, Viadukt Anděl in Prague 5.
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News - IT sector drives demand for offices across Poland
10
May
2021

IT sector drives demand for offices across Poland

by Property Forum
The pandemic has translated into a more cautious approach on the market along with lower office demand. Although office development in Poland is at its lowest level for eight years, regional markets are holding their ground with 800,000 sqm under construction. Advisory company JLL summarises Q1 2021 on the office market in Poland.
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News - C&W Echinox: Bucharest office space usage at 50%
06
May
2021

C&W Echinox: Bucharest office space usage at 50%

by Property Forum
New office projects with a combined surface of 220,000 sqm will be delivered in Bucharest this year, up compared with the stock of 155,000 sqm that was finished during 2020, according to Cushman & Wakefield Echinox.
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News - My Place in Warsaw by Echo is getting full
05
May
2021

My Place in Warsaw by Echo is getting full

by Property Forum
More and more tenants are moving into the recently completed office building in the project of My Place. The second and last office building belonging to the multifunctional project developed by Echo Investment in Warsaw's Dolny Mokotów has become a new location for companies from different industries such as technology, finance, beauty and creative sector i.e. marketing and advertising. KAN, ArsThanea, Synektik, Networks! or Bozza have joined Echo's list of tenants.
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News - HB Reavis secures 30,000 sqm office lease in Bratislava
05
May
2021

HB Reavis secures 30,000 sqm office lease in Bratislava

by Property Forum
One of the world’s largest IT companies has picked New Apollo, currently under construction by HB Reavis in Bratislava’s New Nivy zone, as the new home for its Slovak operations. The new tenant will occupy almost 30,000 sqm of the building’s 48,000 sqm.
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News - Colliers to commercialise Fregata office building in Szczecin
04
May
2021

Colliers to commercialise Fregata office building in Szczecin

by Property Forum
Colliers has become the exclusive advisor responsible for the commercialisation of the Fregata office complex, which is being built at Bronowicka Street in Szczecin. The completion of the first building is planned for 2023. 
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News - HB Reavis tops out Warsaw office tower
30
Apr
2021

HB Reavis tops out Warsaw office tower

by Property Forum
HB Reavis has delivered the campus-style buildings of Forest, a project focused on incorporating natural elements and greenery into the urban scape of Poland's capital. Along with it, the company topped out the 120-metre-tall Forest tower.  
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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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