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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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News GTC finishes Budapest office building
25
Jun
2018

GTC finishes Budapest office building

by Property Forum
GTC Hungary has completed its latest office building in Budapest, GTC White House, which offers 21,500 sqm of Class A space. The developer also plans to launch two new projects in the city.
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News Globalworth builds new office tower in Bucharest
22
Jun
2018

Globalworth builds new office tower in Bucharest

by Property Forum
After delivering the first two office buildings of the Globalworth Campus complex in Bucharest, the developer has started the construction of Tower 3, with a total leasable area of 35,000 sqm. Upon completion, Globalworth Campus will comprise three main office towers offering 92,000 sqm of leasable area and 760 parking spaces, along with green areas and a large conference hall.
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News TriGranit launces new project in Budapest
18
Jun
2018

TriGranit launces new project in Budapest

by Property Forum
TriGranit launched the construction of its new Class A office development, Millennium Gardens, which is the final element of the Millennium City Center in Budapest. After its expected completion in 2020, the two-winged office complex, will provide approx. 37,000 sqm GLA and more than 600 parking spaces for tenants, greatly emphasizing today’s employee and tenant needs. In 2018-2019, the company is working on the launch of four office developments in Central Europe. As for its size, Millennium Gardens is one of the biggest office development project in Budapest to be handed over till 2020. Within the coming 12 months, TriGranit plans the start of the construction of 77,000 sqm GLA office space in Central Europe.
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News Polish regional markets set new highs
18
Jun
2018

Polish regional markets set new highs

by Property Forum
Regional cities in Poland are attracting an increasing number of tenants and more development activity. Cresa analysed the office markets of Wrocław, Łódź and Tricity.
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News Czech co-working space provider goes public
14
Jun
2018

Czech co-working space provider goes public

by Property Forum
Hub Ventures, an operator of shared office space in the Czech Republic, is going public this month on the Prague Stock Exchange's Start market. Investors began making orders at the beginning of the week in a fundraising exercise expected to take in as much as €3.5 million (CZK 90 million).
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News Savills becomes PM of Bydgoszcz office building
14
Jun
2018

Savills becomes PM of Bydgoszcz office building

by Property Forum
Savills has been appointed property manager of Arkada Business Park, a Class A office complex in Bydgoszcz. The building has already received an occupancy permit.
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News Warsaw office building gets certified
12
Jun
2018

Warsaw office building gets certified

by Property Forum
The Bitwy Warszawskiej Business Center has received the BREEAM IN-USE certificate with a “Very Good” rating in Asset Performance and Building Management. The audit was conducted by Cushman & Wakefield. CA Immo is the owner of the office building.
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Latest news


New leases

  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.
  • Malaysian retail chain, MR D.I.Y., begins operations in Polish market at Hillwood Zgierz I. The company has leased nearly 5,000 sqm at the park to set up its first logistics center in Central Europe.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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