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News Bucharest office take-up reaches 310,000 sqm in 2017
17
Jan
2018

Bucharest office take-up reaches 310,000 sqm in 2017

by Import Sys
In 2017 the Bucharest office market has posted results close to the 2016 record ones, taking into consideration transactions in Class A and B buildings. 2018 is expected to bring growth and new demand from players that are going to enter the market, but also of the existent ones who will extend or relocate. The annual Knight Frank report – European Commercial Property Outlook – estimates that European commercial property markets enter 2018 with positive momentum.
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News Skanska launches perovskite solar cell application in Poland
17
Jan
2018

Skanska launches perovskite solar cell application in Poland

by Import Sys
Skanska’s commercial development business unit in Central Eastern Europe will be the first developer worldwide to cover office buildings with semi-transparent perovskite solar cells on a commercial scale. Saule Technologies will be the technology provider. The initial implementation tests are planned for 2018 in Poland.
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News pbb provides €41 million loan for Prague business parks
17
Jan
2018

pbb provides €41 million loan for Prague business parks

by Import Sys
pbb Deutsche Pfandbriefbank provided an investment facility of €41.4 million to companies owned by a professional private real estate investor and managed by development and investment company Amesbury s.r.o. The funds will be used to refinance the Zlicin and Chrastany business parks near Prague. Thereby pbb extended the maturity of its financing by another five years. The transaction closed in December 2017.
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News Colliers appointed PM for Skanska’s Budapest project
17
Jan
2018

Colliers appointed PM for Skanska’s Budapest project

by Import Sys
Colliers REMS Hungary has been assigned by Skanska for the role of property manager for Mill Park Offices, from 2018. Mill Park is Skanska’s latest office project in Budapest, consisting of two buildings, Mill Park A and Mill Park B, with a total GLA of 36,000 sqm, divided over 7 floors and 538 parking places. Building B will be delivered in Q2 2018, while building A in Q3 2018.
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News C&W becomes manager of new Budapest office building
11
Jan
2018

C&W becomes manager of new Budapest office building

by Import Sys
From its handover in January 2018, Cushman & Wakefield has been assigned with the property management of the 15,647 sqm Váci Greens D office building developed by Atenor.
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News Microsoft looking for 20,000 sqm for new Bucharest HQ
08
Jan
2018

Microsoft looking for 20,000 sqm for new Bucharest HQ

by Import Sys
Microsoft has launched a tender to consolidate its Bucharest offices in a new location. The company is looking for 20,000 sqm of modern office space and is willing to pay around €3 million a year for rent, zf.ro reports citing market sources.
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News Skanska invests €50 million in Warsaw office project
05
Jan
2018

Skanska invests €50 million in Warsaw office project

by Import Sys
Skanska invests €50 million in the second phase of Generation Park, an office project located in Warsaw, Poland. The second building, with a total leasable area of about 18,300 square meters, will comprise 16 stories above ground and two stories of underground parking. The investment will also include four underground parking levels for the planned third building.
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News New workspace provider enters Poland
28
Dec
2017

New workspace provider enters Poland

by Import Sys
Spaces, a global concept from the Netherlands and offering solutions from the area of flexible workplaces and co-working, has leased 4,200 sqm of office space in Centrum Marszałkowska. As a consequence, Warsaw will become the brand’s first location in Poland. Experts from JLL advised Spaces on the process of negotiating lease terms. Baker & McKenzie supported the company in all legal aspects. The developer of Centrum Marszałkowska - BBI Development - was represented by CBRE and Markowska - Materla law firm.
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News Immofinanz secures financing for Warsaw office portfolio
28
Dec
2017

Immofinanz secures financing for Warsaw office portfolio

by Import Sys
Berlin Hyp and Erste Group Bank have jointly provided Immofinanz a five year secured loan in the amount of €205 million. The syndicate is providing Immofinanz a “one stop” portfolio-refinancing for their office portfolio in Warsaw and is thus replacing seven existing, individual real estate loans. Agent for this transaction is Berlin Hyp.
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News AFI Europe Romania secures €22 million development loan
20
Dec
2017

AFI Europe Romania secures €22 million development loan

by Import Sys
AFI Europe Romania has signed a financing agreement for €22 million with Bank Leumi Romania for the development of phase 1 of AFI Tech Park, the newest business park the company is currently developing in Bucharest.
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Latest news


New leases

  • The Mobile Vet and Mobile Pet chain has leased space in Bucharest-based One Cotroceni Park for the opening of a new veterinary clinic and pharmacy in which it has invested around €500,000. The transaction was brokered by Cushman & Wakefield Echinox.
  • The Skechers chain has opened a new store in Manufaktura in Łódź. It has the size of 150 sqm.
  • IT company Tata Consultancy Services, has moved into the Wola Center building in Warsaw. The company occupies 3,600 sqm there. At the same time, the owner of the complex, Hines European Value Fund, extended its contract with FaktorOne (470 sqm).

New appointments

  • Carrefour has announced changes to the management of its branch in Poland. As of 1st of June, the position of Commercial and Supply Chain Director of Carrefour Poland was taken over by Eric Yung. Tomasz Waligórski was appointed Chief Operating Officer.
  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).
  • Robert Rogowski, former Vice President of the Management Board of Invest TDJ Estate, has been dismissed from his position. Magdalena Sierankiewicz has been appointed in his place.

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