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News 70% rise in Wrocław’s office take-up
04
Dec
2017

70% rise in Wrocław’s office take-up

by Import Sys
Wrocław’s office market continues its upward momentum. Office take-up hit 132,100 sqm in the first three quarters of 2017, representing a 70% rise on the same period of 2016, says tenant-only real estate advisory firm Cresa in its latest report.
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News Skanska to launch new Budapest projects
04
Dec
2017

Skanska to launch new Budapest projects

by Import Sys
Skanska plans to launch the construction of one new office building per year in Budapest. The construction of Mill Park is currently underway and works on the third phase of Nordic Light are to be launched in January 2018.
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News Corvin 5 becomes Hungary’s first WELL pre-certified building
29
Nov
2017

Corvin 5 becomes Hungary’s first WELL pre-certified building

by Import Sys
The first phase of Futureal’s Corvin 5 office complex is the first building in Hungary and the second in Europe to receive the international WELL Building Platinum pre-certification. The office building valued at €90 million and equipped with the latest environmentally friendly technologies is expected to be handed over by the end of 2018 in Budapest. Corvin 5 has been designed to make a positive impact on employees’ health and well-being.
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News AFI Europe secures first tenant for AFI Tech Park
29
Nov
2017

AFI Europe secures first tenant for AFI Tech Park

by Import Sys
AFI Europe Romania has signed the first lease agreement for AFI Tech Park, the company’s newest business park developed in Bucharest. World Class Romania, a leader on the Romanian health & fitness field, will be the first tenant of the campus, by leasing 1,500 sqm GLA spread on the ground floor and the first floor of AFI Tech Park 1. The lease contract was signed for a period of 10 years.
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News JLL to commercialise new Krakow office building
27
Nov
2017

JLL to commercialise new Krakow office building

by Import Sys
JLL has been selected by Portuguese company Porto Office as the exclusive commercialisation agent responsible for leasing space at Porto Office A, the second phase of the office and services investment developed in Kraków.
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News Granit Polus to launch new city centre development in Budapest
22
Nov
2017

Granit Polus to launch new city centre development in Budapest

by Import Sys
Granit Polus is about to transform the most valuable plot of land in Budapest by a large-scale mixed-use development. The new district will host office buildings, retail units, residential areas and hotels.
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News BPO/SSC tenants drive CEE office markets
22
Nov
2017

BPO/SSC tenants drive CEE office markets

by Import Sys
BPO/SSC take-up totalled over 60% of all-sector office take-up in 4 key BPO cities (Wroclaw, Lodz, Krakow and Sofia) in H1 2017. Vacant stock is diminishing, due to this demand impulse and strong general economic conditions. Labour availability and employee tech knowhow uplift are significant factors which influence the demand for space, according to a report by Colliers International. The key findings of the report include:
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News Strong appetite for Warsaw office space
22
Nov
2017

Strong appetite for Warsaw office space

by Import Sys
The Warsaw office market maintains its strong momentum. This year’s total supply is expected to surpass 300,000 sqm, office take-up rose in the first three quarters of 2017 by 11.2% compared with the same period of 2016 and the vacancy rate is falling, shows the latest report by tenant-only advisory firm Cresa. The growth of the SSC/BPO sector and potential Brexit are likely to drive the Warsaw market going forward.
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News Openville Timişoara to open in Q4 2018
20
Nov
2017

Openville Timişoara to open in Q4 2018

by Import Sys
The Openville Timişoara development, the largest mixed-use project in the west of Romania will be opened in the fourth quarter of next year, upon completion of the first phase of development. The project that integrates the current Iulius Mall Timişoara will comprise office, retail, park and entertainment uses, and is developed by the IULIUS and Atterbury Europe companies.
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News Prague office market vacancy rate declines
16
Nov
2017

Prague office market vacancy rate declines

by Import Sys
Although demand slightly decreased on the Prague office market in Q3 2017, the vacancy rate further declined to its current level of 7.7%, JLL reports.
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Latest news


New leases

  • International IT company Sollers Consulting has moved its regional Kraków office to the Browar Lubicz complex. The new office will occupy more than 1,200 sqm of space.
  • Another brand is joining the ranks of new stores in the expanded Turawa Park retail park near Opole (southern Poland). The Tedi chain store will occupy a unit of about 920 sqm.
  • The PZO II mixed-use project in Warsaw has again been fully commercialized. The new tenant, Cichy-Zasada Group, has leased nearly 1,000 sqm of space on the first floor of the building.

New appointments

  • Savills has announced significant changes and promotions within its investment advisory, valuation, communication, and marketing departments in Poland. Karina Szafrańska has been promoted to Head of Valuations and Małgorzata Lińska-Bator has been promoted to Director in the Investment Department. Additionally, Marta Kołodziejska has been appointed the new Head of Marketing & Communication.
  • Residential developer STC Partners has appointed Elena Palade as Sales Director, while Bogdan Băzărea is the new Technical Director of the company. Palade has over 10 years’ worth of experience in real estate sales, while Băzărea’s career spans more than 20 years.
  • At the beginning of July, Jesika Mackiewicz took the position of Business Manager of Warsaw projects at Matexi Poland. She will be responsible for development of the company portfolio of residential projects and land purchases.

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