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News Romanian developer to build €1.5 million swimming pool
23
Apr
2018

Romanian developer to build €1.5 million swimming pool

by Import Sys
Romanian real estate developer Genesis Property will invest €1.5 million in building an outdoor swimming pool within West Gate Business Park in Bucharest. A running and rollerblading track will also be included.
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News Atenor launches large-scale Budapest project
18
Apr
2018

Atenor launches large-scale Budapest project

by Import Sys
Belgian developer Atenor is starting its latest large-scale project, Aréna Business Campus which is located in the 8th district of Budapest. The real estate developer, listed on Euronext Brussels, bought the 19,000 square meters site under 30 Hungária Boulevard last September, on which a Class A+ office complex of nearly 72,000 square meters will be built.
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News JLL selected as exclusive agent for Wroclaw project
18
Apr
2018

JLL selected as exclusive agent for Wroclaw project

by Import Sys
JLL has been selected as the exclusive leasing agent for Infinity - an office scheme in Wrocław which will offer over 22,000 sqm of space. Avestus Real Estate and Tristan Capital Partners are responsible for the execution of the investment.
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News Coworking is taking the Czech market by storm
18
Apr
2018

Coworking is taking the Czech market by storm

by Import Sys
The area of shared offices in Prague will grow by 66% year-on-year. At the end of 2017 the total area was 16,500 sqm, and in 2018 it will increase to 27,500 sqm as the market delivers 11,000 sqm. The majority of these centres have been pre-leased. Shared offices are used in the regions as well. There are 76 coworking centres across the Czech Republic with a total area in excess of 25,000 sqm. According to Cushman & Wakefield’s estimates, the current area of shared offices will double by 2020.
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News New record on Budapest’s office market
18
Apr
2018

New record on Budapest’s office market

by Import Sys
The office vacancy rate has decreased to 7.3%, representing a 0.2 pps reduction quarter-on-quarter - the lowest rate ever recorded on Budapest office market. The Budapest Research Forum published its latest figures.
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News Companies keep setting up new HQs in Bucharest
13
Apr
2018

Companies keep setting up new HQs in Bucharest

by Import Sys
Companies have rented almost 70,000 square meters of office space in Bucharest in Q1 2018, according to JLL. One-third of the demand came from companies that formerly had their headquarters in old, small buildings or in other different from modern buildings (non-competitive stock). This segment of demand increased compared to last year when it accounted for only 7% of the total take-up.
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News Futureal Group launches Advance Tower II in Budapest
13
Apr
2018

Futureal Group launches Advance Tower II in Budapest

by Import Sys
Futureal Group has started the construction of the second phase of its Advance Tower office building located at the Váci office corridor in Budapest, Hungary. The expansion of the office complex will offer an additional 8,000 square meters of GLA. Advance Tower’s second phase receiving the international WELL Building Platinum Precertification is expected to be handed over in the second half of 2019.
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News Yareal receives building permit for Warsaw project
11
Apr
2018

Yareal receives building permit for Warsaw project

by Import Sys
Yareal has received the building permit to construct the first stage of the 65,000 sqm LIXA office complex. Yareal’s biggest office investment ever will co-create the business centre at Warsaw’s Daszyński roundabout.
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News Łódź’s office market absorbs new supply
06
Apr
2018

Łódź’s office market absorbs new supply

by Import Sys
According to “Occupier Economics: Office Market in Łódź in 2017”, the latest report produced by Cresa, last year’s absorption rate for office buildings in Łódź hit a record high of 55,500 sqm. With office stock at 437,770 sqm, Łódź is Poland’s sixth largest regional office market. The city’s vacancy rate currently stands at 9.3% (up by 3.1 p.p. year-on-year).
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News S Immo assigns new agents for Budapest building
05
Apr
2018

S Immo assigns new agents for Budapest building

by Import Sys
S Immo Hungary, owner of River Estates office building located at the junction of Váci road and Dózsa György road, co-exclusively assigned JLL and Robertson Hungary real estate agencies to lease 9,200 square meters of quality office space.
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Latest news


New leases

  • Less than four months after deciding to enter Panattoni Park Tricity East I, Chemart International Trader has decided to expand and occupy an additional 3,000 sqm. The company was represented in the negotitions by Axi Immo.
  • Newgate Investment has signed lease agreements for two Polish premises with a total area of around 1,200 sq m, previously leased by Neonet. A Rossmann shop will open on the space in Zgierz and a Media Expert shop in Grodzisk Mazowiecki.
  • Three new tenants from the science and education sectors have chosen Wrocław's Silver Forum office building for their premises. The largest space - almost 2 thousand sqm - will be occupied by the private Navigo Wrocław Secondary School.

New appointments

  • Building on the successes of last year, GARBE Industrial Real Estate CEE is responding by promoting Martin Stratov to the position of GARBE Director for the Czech Republic and Slovakia, Veronika Zacha will be the new Head of Business Development and Construction in the Czech Republic and Jan Hradecky will move to the position of GARBE Project Management Manager for the Czech Republic.
  • Gellért Berkes has been appointed as Head of Property Management at ConvergenCE. He has been a member of the real estate development team for two and a half years. He has nearly 15 years of professional real estate experience.
  • MLP Group has announced that Tomasz Zabost has resigned as a member of the management board with immediate effect, without stating the reasons for his resignation. He became a member of MLP Group's management board in January 2015.

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