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

  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.
  • Intersport is set to expand its Romanian footprint by opening its largest store within the Iulius network at the Rivus urban regeneration project, which is under development in Cluj. Spanning more than 1,000 sqm, the new location will serve as a flagship store.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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