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News Hagag finishes construction of Bucharest office project
21
Aug
2020

Hagag finishes construction of Bucharest office project

by Property Forum
Real estate developer Hagag Development Europe finished construction works – refurbishing and reconversion – for its office project H Victoriei 109 in Bucharest. The building will be delivered following the final reception protocol. Up to the present time, 50% of the GLA has been contracted.
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News Knight Frank becomes PM of Wrocław office building
21
Aug
2020

Knight Frank becomes PM of Wrocław office building

by Property Forum
Cavatina Holding has entrusted Knight Frank with the management of the Carbon Tower office building in Wrocław. The building’s leasable floor area totals 19,000 sqm.
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News Savills to assist Atrium with office leasing in Poland
19
Aug
2020

Savills to assist Atrium with office leasing in Poland

by Property Forum
Savills has been appointed by Atrium European Real Estate as sole letting agent for office space in all the buildings owned by the fund in Poland.
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News Demand slows down on Sofia’s office market
17
Aug
2020

Demand slows down on Sofia’s office market

by Property Forum
In the first half of 2020, the supply of modern class A, B and C office space in Sofia increased by 1%, reaching 2,315,600 sqm, according to Colliers International. The recently completed building 3 of Garitage Park accounted for much of the growth in the office stock.
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News Kajima completes office project in Bydgoszcz
13
Aug
2020

Kajima completes office project in Bydgoszcz

by Property Forum
Kajima Poland has completed the extension and reconstruction of the Bydgoszcz headquarters of tyre e-retailer Oponeo.pl.
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News Poland’s office supply expansion gets delayed by COVID-19
11
Aug
2020

Poland’s office supply expansion gets delayed by COVID-19

by Property Forum
Due to the lockdown caused by the outbreak of the COVID-19 pandemic, most companies embraced a remote working model and scaled-down business activity. How did this affect the Polish office market? Cushman & Wakefield presented a summary of H1 2020.
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News Savills to lease and manage Cimex’s entire Czech portfolio
11
Aug
2020

Savills to lease and manage Cimex’s entire Czech portfolio

by Property Forum
Private investment company Cimex Group has appointed Savills as property and leasing manager for its portfolio of twelve properties – ten in Prague, one in Plzen and one in Karlovy Vary – in the Czech Republic, starting August 2020. The total floor area of the buildings is more than 100,000 sqm and the portfolio currently provides premises for more than 500 tenants.
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News Tri-City’s office stock approaches 1 million sqm
11
Aug
2020

Tri-City’s office stock approaches 1 million sqm

by Property Forum
According to consulting company Walter Herz, the consistently expanding office market of Tri-City has the lowest vacancy rate in Poland currently and the office stock of the Tri-City agglomeration will exceed 1 million sqm after the construction of the ongoing investments is completed.
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News Skanska launches new office project in Budapest
10
Aug
2020

Skanska launches new office project in Budapest

by Property Forum
Skanska invests about €65 million in the first phase of the new office complex H2Offices located in Budapest, Hungary. It will offer a total leasable area of about 26,000 square meters and is designed to obtain WELL and LEED certifications.
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News Atenor secures €80 million loan for Bucharest project
10
Aug
2020

Atenor secures €80 million loan for Bucharest project

by Property Forum
Atenor announced the signing of a financing of €80 million with pbb Deutsche Pfandbriefbank and Erste Bank. This funding for a period of 5 years (2020 - 2025) covers the three buildings that make up the 75,000 sqm Hermes Business Campus office complex in Bucharest.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • 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.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • 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.

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