News - Warsaw office market to regain equilibrium quickly
07
May
2020

Warsaw office market to regain equilibrium quickly

by Property Forum
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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News - BCR moves HQ to Vastint’s Bucharest building
07
May
2020

BCR moves HQ to Vastint’s Bucharest building

by Property Forum
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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News - Skanska completes construction of 140 m Warsaw tower
07
May
2020

Skanska completes construction of 140 m Warsaw tower

by Property Forum
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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News - BCR, Fab Lab and Modex invest in Iași co-working hub
07
May
2020

BCR, Fab Lab and Modex invest in Iași co-working hub

by Property Forum
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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News - C&W to manage Ghelamco’s Warsaw complex
06
May
2020

C&W to manage Ghelamco’s Warsaw complex

by Property Forum
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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News - Sofia’s office market faces significant slowdown
05
May
2020

Sofia’s office market faces significant slowdown

by Property Forum
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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News - Bratislava’s office market slows down a bit
05
May
2020

Bratislava’s office market slows down a bit

by Property Forum
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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News - Walter Herz to commercialise Warsaw office building
04
May
2020

Walter Herz to commercialise Warsaw office building

by Property Forum
Consulting company Walter Herz has been appointed the leading agency responsible for commercialisation of space in EQ2 office building in Warsaw, developed by Waryński Group. Handover is planned for March 2021.
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News - How will employees return to the workplace?
04
May
2020

How will employees return to the workplace?

by Property Forum
The social distancing in office spaces after COVID-19 involves an immediate action strategy to adapt to the new workplace normality, which is why Cushman & Wakefield Echinox has formed a multidisciplinary team to help employers prepare for the gradual return of their employees in office spaces.
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News - Colliers to manage Echo’s Katowice office building
30
Apr
2020

Colliers to manage Echo’s Katowice office building

by Property Forum
Colliers International has been appointed to manage the first stage of the Face2Face Business Campus in Katowice, which is being developed by Echo Investment. The commission brings the Silesian portfolio of Colliers’ property management department up to more than 40,000 sqm of office space.
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Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.

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