News - Atenor launches new office development in South Buda
17
Jun
2020

Atenor launches new office development in South Buda

by Property Forum
Belgian developer Atenor announced the launch of BakerStreet, its fourth project in Budapest. Atenor acquired a 5,711 sqm plot of land located at 18 Hengermalom Road in district XI of Budapest in July 2019 in order to develop a new Class A+ green office project of nearly 18,000 sqm.
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News - Only 40% of employees return to the office in Romania
17
Jun
2020

Only 40% of employees return to the office in Romania

by Property Forum
With the ease of travel restrictions imposed by the COVID-19 pandemic, companies begin to resume their activity in the headquarters located in office buildings, but with only 40% of employees in a first phase, according to a survey of Cushman & Wakefield Echinox.
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News - Savills to lease newly completed office building in Poznań
17
Jun
2020

Savills to lease newly completed office building in Poznań

by Property Forum
Savills has been appointed as sole office and retail space letting agent for Giant Office, a newly-completed office development in Poznań.
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News - Slovakia’s JTRE expands in London with mixed-use project
17
Jun
2020

Slovakia’s JTRE expands in London with mixed-use project

by Property Forum
Slovak real estate company JTRE has agreed a construction loan of £177 million with ICG Real Estate on its flagship London development, Triptych Bankside. The loan will be for the development finance of the £400 million GDV mixed-use scheme which, when complete, will deliver residential, office, and retail at 185 Park St, SE1. Construction is scheduled for completion in 2022.
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News - MPC Properties opens new office building in Belgrade
11
Jun
2020

MPC Properties opens new office building in Belgrade

by Property Forum
Developer MPC Properties has opened the Ušće Tower Two office building in Belgrade. The 22-storey building offers 23,200 sqm of leasable space. The developer will be seeking BREEAM certification for the property that is located in New Belgrade’s central business district.
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News - GTC secures new tenant for Sofia office project
10
Jun
2020

GTC secures new tenant for Sofia office project

by Property Forum
GTC Bulgaria has informed that the varied tenant portfolio of Advance Business Center II will be enriched by Commerzbank. One of the largest German banks will lease over 3,500 sqm GLA of office space starting 1st December 2020. The pre-leasing agreement was consulted by CBRE. Advance Business Center II is under construction phase and due for delivery in Q4 2020.
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News - CCIR and Iulius plan major mixed-use project in Bucharest
03
Jun
2020

CCIR and Iulius plan major mixed-use project in Bucharest

by Property Forum
The Romanian Chamber of Commerce and Industry (CCIR) and real estate developer Iulius are proposing a large-scale mixed-use project around the existing Romexpo Exhibition Center in Bucharest. The €2.87 billion investment plan would the see creation of the city’s largest business district with over 30,000 new jobs, museums and a multi-use event hall, a new park and green urban connections, a retail and lifestyle centre and 12,000 parking spaces.
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News - CPI takes over management of two more Warsaw buildings
03
Jun
2020

CPI takes over management of two more Warsaw buildings

by Property Forum
CPI Property Group is taking over the management of the Central Tower and Prosta 69 buildings in Warsaw. The company now manages 9 out of the 13 office building it owns in Warsaw
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News - Globalworth adds five Polish office buildings to PM portfolio
02
Jun
2020

Globalworth adds five Polish office buildings to PM portfolio

by Property Forum
Globalworth is taking over the property management of five more office buildings in its Polish portfolio. Centrum Lubicz Office in Kraków and Bliski Centrum, Philips House, Nordic Park and Batory Building I in Warsaw have a combined area of ​​over 50,000 sqm.
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News - Historic Bratislava palace secures first tenant
02
Jun
2020

Historic Bratislava palace secures first tenant

by Property Forum
Gorkého 4 Offices in Bratislava’s Old Town, located in the building of the former Chamber of Commerce, has secured its first tenant. Wood & Company will lease the space from owner Kooperativa insurance company, a member of the Vienna Insurance Group. The new tenant will move in in the coming weeks.
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Latest news


New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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