Colliers has announced that its property management division is set to manage the Victoria Center office building in Bucharest, which has recently been purchased by Solida Capital Europe.

The flex office provider New Work is set to open a new location in the Metron office building in Warsaw. The eighth floor of the building will be operated by New Work under a management agreement in a partnership model with the property co-owners, Alides and Aya Properties Fund. The negotiation process was supported by Axi Immo.

The coworking market in Romania has over 100 projects in operation across Bucharest and regional cities, and the demand for flexible spaces is expected to grow over the continuation of the hybrid work arrangements.

Workspace provider HB Reavis has announced the extension of a €160 million investment loan for the next 5 years.

Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers. 

IWG, the provider of hybrid work spaces, aims to reach 25 centres in Hungary by the end of this year.

CFIG has opened CFIG WorkSpace, a coworking space in the heart of Pardubice for startups, students and small businesses. It is designed to provide support, share ideas and get advice from other entrepreneurs and professionals.

Torus has signed a €20 million facility agreement with PKO Bank Polski, Poland’s largest financial institution, securing financing for Punkt, its latest office investment in TriCity. DLA Piper facilitated the transaction, providing legal support.

Office buildings with coworking and serviced offices are more likely to attract tenants. Flexible workspaces are used by corporations, small companies, and start-ups alike, according to Newmark Poland. 

Scott.Weber Workspace has leased new premises in the heart of Prague's Smíchov district, which is fast becoming an important centre of the capital.