News - Globalworth offers space for vaccination centre in Bucharest
30
Mar
2021

Globalworth offers space for vaccination centre in Bucharest

by Property Forum
The Globalworth Foundation provided an office space from the Globalworth group to the authorities in Bucharest for a vaccination centre. Led by the public authorities of Bucharest, the activity of the centre will consist of vaccinating as many people as possible in the third phase of the national vaccination campaign.
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News - More office towards to hit the market in Poland
30
Mar
2021

More office towards to hit the market in Poland

by Property Forum
In the largest cities, we can observe the implementation of spectacular office projects. Completion of some investments affects the classification of the tallest buildings in Poland.
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News - Savills appointed sole letting agent for Wratislavia Center
29
Mar
2021

Savills appointed sole letting agent for Wratislavia Center

by Property Forum
Savills has been instructed as sole letting agent for office and retail space in the Wratislavia Center in Wrocław, managed by the Austrian investor FLE GmbH.
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News - COVID-19 results in weaker take-up on Ljubljana’s office market
29
Mar
2021

COVID-19 results in weaker take-up on Ljubljana’s office market

by Property Forum
Take-up on Ljubljana’s office market reached only 46,000 sqm in 2020, one third less than the previous year. Despite strong demand from potential tenants, there is very limited supply available, according to the Ljubljana office market snapshot prepared by S-Invest.
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News - Vastint launches new phase of Gdynia mixed-use project
29
Mar
2021

Vastint launches new phase of Gdynia mixed-use project

by Property Forum
Vastint Poland has signed a contract with Budimex SA for general contracting services for the initial part of the second phase of the Waterfront complex in Gdynia. The planned investment will be built on Hryniewickiego Street, in the vicinity of Kościuszko Square, and will comprise the construction of four buildings totalling ​​45,000 sqm including underground garages. The general contractor plans to start construction in May of this year, with the investment scheduled for completion in 2023.
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News - C&W: Office occupancy in Poland in 2020 down by 24%
24
Mar
2021

C&W: Office occupancy in Poland in 2020 down by 24%

by Property Forum
In 2020, the total office stock of Poland’s nine largest cities grew by 6.2%, according to figures from Cushman & Wakefield. At the end of 2020, the development pipeline comprised 84 projects, most of which were underway in Warsaw, Krakow and Tricity. Due to the economic uncertainty caused by the outbreak of the pandemic, the market has seen a notable increase in office space marketed for subleasing.
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News - Portland Trust's Bucharest building gets certified
23
Mar
2021

Portland Trust's Bucharest building gets certified

by Property Forum
Portland Trust has announced a WELL Health-Safety certification for the Expo Business Park office project în Bucharest
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News - Immofinanz buys former BCR HQ in Bucharest
23
Mar
2021

Immofinanz buys former BCR HQ in Bucharest

by Property Forum
Immofinanz has acquired the former HQ of BCR in Bucharest for €36 million, both companies announced. The property will be modernized and transformed into a green myhive building, with at least a Gold certification.
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News - C&W to manage GreenWings Offices in Warsaw
23
Mar
2021

C&W to manage GreenWings Offices in Warsaw

by Property Forum
Cushman & Wakefield has been appointed as property manager and leasing agent for GreenWings Offices in Warsaw, the second office building of OKRE Development.
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News - Colliers to manage second stage of Moje Miejsce in Warsaw
23
Mar
2021

Colliers to manage second stage of Moje Miejsce in Warsaw

by Property Forum
Colliers has taken over the management of the second office building of the Moje Miejsce complex at 3 Dziekońskiego street in Warsaw's Mokotów district. The project was developed by Echo Investment. 
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Latest news


New leases

  • 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.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

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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