12
May
2020
May
2020
CPIPG takes over management of Warsaw acquisitions
CPI Property Group has taken over the management of several more buildings in its Warsaw office portfolio. The Atrium Centrum, Atrium Plaza and Equator IV office buildings are now covered by the company’s in-house property management service.
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08
May
2020
May
2020
Colliers to manage two buildings in Kraków complex
Starting April 2020, Colliers International has taken over the management of two new buildings in the High5ive office complex in Kraków.
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07
May
2020
May
2020
Warsaw office market to regain equilibrium quickly
The strong fundamentals of Warsaw’s office sector, coupled with no risk of oversupply and low vacancy rates, should enable the market to regain equilibrium relatively quickly after the slowdown. Cushman & Wakefield summarised Q1 2020 on the Warsaw office market.
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07
May
2020
May
2020
BCR moves HQ to Vastint’s Bucharest building
Starting this month, Banca Comercială Română (BCR) has relocated its headquarters to the Business Garden Bucharest office building, developed by Vastint, the real estate division of Ikea.
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07
May
2020
May
2020
Skanska completes construction of 140 m Warsaw tower
Generation Park Y, Skanska's highest office project in the CEE region, reached the target height of 140 metres. The building will offer 47,000 sqm GLA with completion planned for Q1 2021.
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07
May
2020
May
2020
BCR, Fab Lab and Modex invest in Iași co-working hub
Fab Lab Iași has started setting-up its second co-working location in Iași, in partnership with BCR and Modex. Located on the 7th floor of the Romanian Commercial Bank (BCR) building, in the Podu Roș area, this new space covers 250 square meters.
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06
May
2020
May
2020
C&W to manage Ghelamco’s Warsaw complex
Cushman & Wakefield has been chosen as the manager of The Warsaw Hub skyscrapers. At the same time, it will occupy nearly 2,500 sqm of office space in the facility, moving its Warsaw office there. Cushman & Wakefield was also responsible for the comprehensive preparation of the building for its commercial opening.
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05
May
2020
May
2020
Sofia’s office market faces significant slowdown
The office market in Sofia faces a significant slowdown, due to the economic uncertainty and weakening business activity caused by COVID-19, according to the latest market report of Forton, a strategic partner of Cushman & Wakefield for Bulgaria and Macedonia.
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05
May
2020
May
2020
Bratislava’s office market slows down a bit
Take-up on the Bratislava office market amounted to 26,000 sqm in Q1 2020 which represents a 58% decrease compared to Q4 2019. The Bratislava Research Forum (JLL, CBRE, Cushman & Wakefield and Colliers International) published the office market figures for Q1 2020.
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04
May
2020
May
2020
Walter Herz to commercialise Warsaw office building
Consulting company Walter Herz has been appointed the leading agency responsible for commercialisation of space in EQ2 office building in Warsaw, developed by Waryński Group. Handover is planned for March 2021.
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Latest news
- Finance takes the lead in Bucharest office demand
- SEE turns investor curiosity into conviction
- Alpha Slovakia expands industrial footprint in Bánovce nad Bebravou
- Prague student housing demand far exceeds supply, says study
- Romanian investors expect rent rises and demand stability
- Martley Capital sells Hungarian office building in Budaörs
- Cluj-Napoca leads Romania's regional office leasing in 2025
- CA Immo secures 28,000 sqm lease extensions in Warsaw
- VGP raises €600 million in oversubscribed green bond issue
- Office rents will continue to grow: Adrian Karczewicz on demand drivers
New leases
- IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.
- DHL Supply Chain has leased 3,000 sqm for its new European HQ in Budapest-based Liberty Offices, in a deal brokered by iO Partners. DLA Piper Hungary acted as DHL’s legal advisor.
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
New appointments
- Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
