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News Skanska invests €52 million in Wrocław office project
18
Jul
2018

Skanska invests €52 million in Wrocław office project

by Property Forum
Skanska has invested €52 million in the first phase of an office development in Wrocław, Poland. The first phase with a total leasable area of around 26,000 square meters will consist of two buildings, 15 and six stories high, with a shared two-level underground parking lot.
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News Steady growth on Budapest’s office market
12
Jul
2018

Steady growth on Budapest’s office market

by Property Forum
Net absorption on the Budapest office market in Q2 2018 amounted to 40,140 sqm, which marks more than a doubling year-on-year. The Budapest Research Forum published its latest figures.
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News Co-working operators expand heavily in Bucharest
12
Jul
2018

Co-working operators expand heavily in Bucharest

by Property Forum
Operators of co-working spaces rented nearly 20,000 sqm of office space in existing or developing buildings in Bucharest in H1 2018, which represents a 13,4% share in the total transaction volume, estimated at around 150,000 square meters, according to data from Cushman & Wakefield Echinox.
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News Hagag launches news office project in Bucharest
12
Jul
2018

Hagag launches news office project in Bucharest

by Property Forum
Israeli-owned real estate developer Hagag Development Europe has commenced construction works on its first office project in Romania, H Victoriei 109. The developer is planning to invest over €8 million euro in the 6,000 sqm project.
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News Mulberry Development opens office building in Timisoara
12
Jul
2018

Mulberry Development opens office building in Timisoara

by Property Forum
Entrepreneur Ovidiu Sandor’s Mulberry Development has handed over the first phase of ISHO Offices in Timisoara, Romania. Survey Sampling International was the first company to move in with more than 130 employees.
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News BNP Paribas RE to commercialise three Warsaw buildings
10
Jul
2018

BNP Paribas RE to commercialise three Warsaw buildings

by Property Forum
The landlord representation team at BNP Paribas Real Estate Poland will be responsible for leasing vacant space as exclusive agent in the Europlex and Irydion office buildings and the A building in the Wiśniowy Business Park complex in Warsaw.
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News Bucharest’s Unirii View nears completion with new lease
02
Jul
2018

Bucharest’s Unirii View nears completion with new lease

by Property Forum
H&M Romania has leased 1,000 square meters in Unirii View, a 73-meter tall office building in the centre of Bucharest. The fashion retailer will take up a superior floor within Unirii View.
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News Strong development activity on Prague’s office market
26
Jun
2018

Strong development activity on Prague’s office market

by Property Forum
The amount of office space currently under development in Prague is higher than ever. 136,000 sqm was completed in 2017 and an additional 165,000 sqm of modern office space should be delivered to the market in 2018. This is the highest development rate since 2008. Despite that, the vacancy rate has dropped to a record low of 6.2 per cent. This is a year-on-year decrease of more than 3 percentage points. This should change, however, with seven new office buildings due to be completed this year, according to Cushman & Wakefield.
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News GTC to build high-rise office building in Budapest
26
Jun
2018

GTC to build high-rise office building in Budapest

by Property Forum
GTC is preparing to build another office building in the Hungarian capital, The Twist – Budapest City Tower. The developer recently obtained the building permit. The new project is located in the 13th district in Budapest, next to the Árpád híd metro station.
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News Mindspace to open co-working space in Bucharest
25
Jun
2018

Mindspace to open co-working space in Bucharest

by Property Forum
Romania becomes the seventh country in which Mindspace offers its flexible workplace solutions, following a leasing agreement Globalworth has just signed. Mindspace will start operating in three Bucharest buildings, on approx. 12,000 sqm across Globalworth Campus, City Offices and Bucharest Tower Center. At the same time, Globalworth is investing $10 million in the company to support its ongoing growth.
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Latest news


New leases

  • Castorama has opened its 103rd shop in Poland. The outlet in the compact Smart concept is located in the Dekada shopping centre, at Armii Krajowej Street in Grójec. It is a 2,000-square-metre retail space, an outdoor garden zone and an assortment of around 15,000 off-the-shelf products.
  • In April this year, the House brand joined the group of tenants at CH Korona in Wrocław. The salon occupies nearly 285 sqm of sales space.
  • 18 Gym Fitness & Beauty will open a new location within Agora Arad (the former Galleria Arad) in a deal brokered by the Cushman & Wakefield Echinox. Agora Arad has a leasable area of 36,000 sqm and is currently undergoing a major refurbishment.

New appointments

  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.
  • Crosspoint Real Estate has appointed Oana Popescu as Partner. She has joined the Crosspoint team in the summer of 2017 and took over the lead of the residential department in 2022.
  • Urszula Sekuła has joined the Retail Institute team as Business Development Director. She will be responsible for business development in Poland and three European markets.

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