Slovak real estate company JTRE has agreed a construction loan of £177 million with ICG Real Estate on its flagship London development, Triptych Bankside. The loan will be for the development finance of the £400 million GDV mixed-use scheme which, when complete, will deliver residential, office, and retail at 185 Park St, SE1. Construction is scheduled for completion in 2022.

Developer MPC Properties has opened the Ušće Tower Two office building in Belgrade. The 22-storey building offers 23,200 sqm of leasable space. The developer will be seeking BREEAM certification for the property that is located in New Belgrade’s central business district.

GTC Bulgaria has informed that the varied tenant portfolio of Advance Business Center II will be enriched by Commerzbank. One of the largest German banks will lease over 3,500 sqm GLA of office space starting 1st December 2020. The pre-leasing agreement was consulted by CBRE. Advance Business Center II is under construction phase and due for delivery in Q4 2020.

The Romanian Chamber of Commerce and Industry (CCIR) and real estate developer Iulius are proposing a large-scale mixed-use project around the existing Romexpo Exhibition Center in Bucharest. The €2.87 billion investment plan would the see creation of the city’s largest business district with over 30,000 new jobs, museums and a multi-use event hall, a new park and green urban connections, a retail and lifestyle centre and 12,000 parking spaces.

CPI Property Group is taking over the management of the Central Tower and Prosta 69 buildings in Warsaw. The company now manages 9 out of the 13 office building it owns in Warsaw

Globalworth is taking over the property management of five more office buildings in its Polish portfolio. Centrum Lubicz Office in Kraków and Bliski Centrum, Philips House, Nordic Park and Batory Building I in Warsaw have a combined area of ​​over 50,000 sqm.

Gorkého 4 Offices in Bratislava’s Old Town, located in the building of the former Chamber of Commerce, has secured its first tenant. Wood & Company will lease the space from owner Kooperativa insurance company, a member of the Vienna Insurance Group. The new tenant will move in in the coming weeks.

Although the majority of modern office stock is concentrated in Poland’s largest metropolitan areas, companies are increasingly looking beyond the core markets for office space Cushman & Wakefield has prepared a report on 12 alternative locations for BSS tenants.

The fifth, 25,053 sqm building (Building F) of the Váci Greens office complex, already having a 67% occupancy rate, has received the occupancy permit. The first tenants are going to move in in June. Located in the heart of the Váci Corridor, the hand-over of the sixth and last building of the office campus, Building E will take place in September 2020. Thus, the development of Váci Greens will be finished by Belgian developer Atenor this year.

Marynarska Point 2, an office building in Warsaw owned by Bluehouse Capital, is currently undergoing refurbishment. As part of the work underway, its reception lobby will be fully remodelled. The building’s surroundings will also be redesigned.