News - REM Group leads refurbishment of Budapest building
15
Jan
2020

REM Group leads refurbishment of Budapest building

by Property Forum
REM Group has acted as property advisors, project managers and now as property manager of the Korean Cultural Center (KCC) located at 30-34 Frankel Leo Street, in District II of Budapest. The building of more than 5,000 sqm was extensively refurbished to house the Korean Cultural Center as part of a relocation from their previous premises in the MOMentum Office building in District XII of Budapest.
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News - Atenor receives building permit for Bucharest project
04
Jan
2020

Atenor receives building permit for Bucharest project

by Property Forum
Atenor announced the obtaining of the building permit for the @EXPO project, located in the north-west of Bucharest that includes the development of approximately 49,000 sqm of rentable space. The complex will meet the highest standards of sustainability for BREEAM "Excellent" certification. In particular, it will use innovative technologies to reduce operating costs and increase occupant comfort.  
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News - Office stock in regional Romania to reach 1 million sqm in 2020
20
Dec
2019

Office stock in regional Romania to reach 1 million sqm in 2020

by Property Forum
The stock of modern offices in the major regional centres of Romania - Cluj-Napoca, Timișoara, Iași and Brașov - will reach the threshold of 1 million square meters in 2020, with a delay of almost one year compared to the initial estimates. Despite the fact that 2019 was a record year in terms of deliveries, with a volume of nearly 130,000 square meters, according to Cushman & Wakefield Echinox's Office Market Regional Cities report.
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News - BRD Group Société Générale finances Cluj-Napoca project
19
Dec
2019

BRD Group Société Générale finances Cluj-Napoca project

by Property Forum
Speedwell is joining hands with BRD Group Société Générale by signing a financing agreement of €22.5 million for the development of Record Park, the first mixed urban regeneration project in Cluj–Napoca.
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News - C&W to lease Warsaw office complex
16
Dec
2019

C&W to lease Warsaw office complex

by Property Forum
Cushman & Wakefield has been appointed as sole letting agent for Cybernetyki 19A and Cybernetyki 19B, two office buildings of the Dantex Plaza complex.
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News - CPI Property Group completes Budapest office building
10
Dec
2019

CPI Property Group completes Budapest office building

by Property Forum
Balance Hall, a 16,000-sqm office building with a "Very Good" BREEAM certification, has been delivered in early December 2019 on Budapest's Váci Corridor. With this new addition, the Balance Office Park office complex has grown to nearly 35,000 sqm. CPI group reported an over 75% occupancy rate upon delivery, based on already signed contracts.
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News - GTC plans new office project in Katowice
10
Dec
2019

GTC plans new office project in Katowice

by Property Forum
GTC has just obtained a building permit for a new office project in Katowice. Once finished, the Class A building will offer 18,315 sqm of state-of-the-art office space over 5 floors in the heart of Katowice. The building, inspired by Katowice’s modernist architecture, is designed by JEMS Architects.
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News - C&W brokers tenant-driven redevelopment deal in Wrocław
10
Dec
2019

C&W brokers tenant-driven redevelopment deal in Wrocław

by Property Forum
In October 2021, global IT leader GlobalLogic will occupy 10,000 sqm under a new lease agreement in Wrocław Business Park – Strzegomska Park. The landlord will pull down part of the existing office complex to make way for a new bespoke building to fulfil the tenant’s requirements - the first such transaction in the history of the Wrocław office market. With this deal, GlobalLogic, as a leader in the IT industry, is, therefore, setting new trends on the local office market. GlobalLogic was advised on the transaction by Cushman & Wakefield.
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News - GTC starts construction of new Budapest project
10
Dec
2019

GTC starts construction of new Budapest project

by Property Forum
Construction of the Pillar office building has begun in the Váci Road office corridor area of Budapest. The Class A office building of four blocks is being developed by GTC and will be occupied by ExxonMobil in H1 2022. The office building will contain a two-level underground garage, a café, a restaurant, a nursery, a fitness centre. a conference room and other service facilities. Pillar will have a LEED Gold sustainability certificate. The architectural plans for the asymmetrical and unique building with its wavering forms were designed by the ZDA-Zoboki Design & Architecture.
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News - JLL to lease Ghelamco’s Warsaw building
09
Dec
2019

JLL to lease Ghelamco’s Warsaw building

by Property Forum
Ghelamco Poland has chosen JLL as its exclusive leasing agent for its Wołoska 24 office building in Warsaw. Wołoska 24 is a modern, 11-floor office building offering approx. 21,000 sqm of office space, and approx. 1,000 sqm of retail and service space located on the ground floor.
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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • 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.

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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