12
May
2020
May
2020
Penta receives zoning decision for Prague mixed-use project
Penta Real Estate has obtained a zoning decision which means that it can apply for a building permit for its Masaryk station mixed-use reconstruction project in the centre of Prague. Based on the design of Zaha Hadid Architects, the project has been in the works for over a decade. Completion is planned for 2022-2025.
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12
May
2020
May
2020
CPIPG takes over management of Warsaw acquisitions
CPI Property Group has taken over the management of several more buildings in its Warsaw office portfolio. The Atrium Centrum, Atrium Plaza and Equator IV office buildings are now covered by the company’s in-house property management service.
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08
May
2020
May
2020
Colliers to manage two buildings in Kraków complex
Starting April 2020, Colliers International has taken over the management of two new buildings in the High5ive office complex in Kraków.
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07
May
2020
May
2020
Warsaw office market to regain equilibrium quickly
The strong fundamentals of Warsaw’s office sector, coupled with no risk of oversupply and low vacancy rates, should enable the market to regain equilibrium relatively quickly after the slowdown. Cushman & Wakefield summarised Q1 2020 on the Warsaw office market.
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07
May
2020
May
2020
BCR moves HQ to Vastint’s Bucharest building
Starting this month, Banca Comercială Română (BCR) has relocated its headquarters to the Business Garden Bucharest office building, developed by Vastint, the real estate division of Ikea.
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07
May
2020
May
2020
Skanska completes construction of 140 m Warsaw tower
Generation Park Y, Skanska's highest office project in the CEE region, reached the target height of 140 metres. The building will offer 47,000 sqm GLA with completion planned for Q1 2021.
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07
May
2020
May
2020
BCR, Fab Lab and Modex invest in Iași co-working hub
Fab Lab Iași has started setting-up its second co-working location in Iași, in partnership with BCR and Modex. Located on the 7th floor of the Romanian Commercial Bank (BCR) building, in the Podu Roș area, this new space covers 250 square meters.
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06
May
2020
May
2020
C&W to manage Ghelamco’s Warsaw complex
Cushman & Wakefield has been chosen as the manager of The Warsaw Hub skyscrapers. At the same time, it will occupy nearly 2,500 sqm of office space in the facility, moving its Warsaw office there. Cushman & Wakefield was also responsible for the comprehensive preparation of the building for its commercial opening.
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05
May
2020
May
2020
Sofia’s office market faces significant slowdown
The office market in Sofia faces a significant slowdown, due to the economic uncertainty and weakening business activity caused by COVID-19, according to the latest market report of Forton, a strategic partner of Cushman & Wakefield for Bulgaria and Macedonia.
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05
May
2020
May
2020
Bratislava’s office market slows down a bit
Take-up on the Bratislava office market amounted to 26,000 sqm in Q1 2020 which represents a 58% decrease compared to Q4 2019. The Bratislava Research Forum (JLL, CBRE, Cushman & Wakefield and Colliers International) published the office market figures for Q1 2020.
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Latest news
- Bratislava housing market rebounds but new mismatches reshape demand
- Prague leads Europe's flexible office boom
- Innovinia's IGPark Kecskemét South reaches full occupancy
- Colliers Slovakia names new Head
- Buildings must start thinking for themselves
- Alides and Revive sell Imperial Shipyard site to Develia
- Logicor reaches full occupancy at Alligator Park in Budaörs
- Fiege expands 21,000 sqm across three Panattoni parks
- Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
- Optimism prevails in CEE real estate as geopolitical risk looms large
New leases
- BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
New appointments
- Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
