News - Futureal builds contactless office building in Budapest
22
May
2020

Futureal builds contactless office building in Budapest

by Property Forum
Futureal Group has launched the construction of Corvin Innovation Campus. The office complex equipped with contactless technology will offer nearly 30,000 sqm of gross leasable area (GLA) in the immediate vicinity of Corvin Promenade in Budapest. The new-generation building is being developed under Futureal’s Stay Safe initiative designed to respond to the changing market demand due to the COVID-19 epidemic. The first phase of the building is expected to be handed over in the autumn of 2022.
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News - Poznań’s office market to regain equilibrium
22
May
2020

Poznań’s office market to regain equilibrium

by Property Forum
According to Cresa Poland, the office market in Poznań is heading towards achieving supply-demand balance. Within one year, office stock in Poznań increased by almost 11% and amounted to over 580,100 sqm by the end of March 2020. The average annual growth rate for this market in the years 2012–2020 was at the level of 11%.
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News - Share of flex offices in Europe-wide take-up decreases
21
May
2020

Share of flex offices in Europe-wide take-up decreases

by Property Forum
The share of flexible office space take-up across Europe decreased in the first quarter of 2020 to reach 5% from 9.5% at the end of 2019. The sector has expanded exponentially from 2017-2019, and is reaching maturity, as large providers become less expansionary.
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News - Colliers manages one more Warsaw office building
21
May
2020

Colliers manages one more Warsaw office building

by Property Forum
Colliers International has taken over the management of Biura przy Willi, an office building which belongs to the Browary Warszawskie project developed by Echo Investment.
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News - COVID-19 could change the way we use offices forever
21
May
2020

COVID-19 could change the way we use offices forever

by Property Forum
As COVID-19 restrictions are being gradually lifted, many employers are looking for solutions to enable workers to return safely to offices. However, the social distancing rules that are still in place are giving rise to many questions about protocols that should be introduced in the workplace. Savills has launched a special service and published a free guide titled Return to the Office.
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News - MVGM takes over management of Łódź building
20
May
2020

MVGM takes over management of Łódź building

by Property Forum
MVGM has taken over the management of Forum 76, the office building located in Łódź and belonging to Benson Elliot and Sharow Capital. Sharow Capital is responsible for asset management. The handover of the building took place in March, during the server lockdown measures that have been implemented in Poland. The majority of the process has had to be completed virtually.
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News - Immofinanz plans renovation of Budapest office building
20
May
2020

Immofinanz plans renovation of Budapest office building

by Property Forum
Immofinanz plans major upgrades at its myhive Haller Gardens office building in Budapest, including new services for the tenants. The owner expects demand to increase for more flexible workspace solutions and plans to alter leasing conditions accordingly.
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News - Atenor receives occupancy permit for Budapest building
19
May
2020

Atenor receives occupancy permit for Budapest building

by Property Forum
Belgian developer Atenor has received an occupancy permit for Building A of its Aréna Business Campus complex, located on Budapest’s Hungária Boulevard.
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News - Bucharest parking lot to be converted into office building
19
May
2020

Bucharest parking lot to be converted into office building

by Property Forum
Romanian investor Dragos Dragoteanu, the owner of local real estate company Euroest Invest, plans to develop an office project on a land plot he owns near Victoriei Square in central Bucharest, Ziarul Financiar reports.
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News - HB Reavis secures new tenant for Budapest project
19
May
2020

HB Reavis secures new tenant for Budapest project

by Property Forum
Facility management company B+N Referencia Zrt. will move into the Agora Budapest office complex, developed by HB Reavis, this autumn.
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Latest news


New leases

  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.
  • Gaya Studios has 190 sqm in Green Gate office complex, in a deal brokered by Rustler Romania.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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