Despite over 110,000 sqm of new supply coming to the market in Q3 2018, the office vacancy rate decreased to 6.4%, the lowest rate ever recorded in. The Budapest Research Forum published its latest figures.

Cushman & Wakefield has been appointed property manager of Sagittarius Business House, an office building in Wrocław. The owner of the facility is Warburg-HIH Invest Real Estate.

Cushman & Wakefield has signed a framework management agreement for 14 office buildings owned by the Skanska Group. The largest facilities include High Five A&B in Krakow (36,700 sqm) and Brama Miasta B in Łódź (27,800 sqm).

The search for a new office is usually a long process that starts with defining our requirements and restrictions. We then move onto comparing and analysing various offers and options and finally select the best one. Signing the lease and finding subcontractors to set the framework for our workplace design, design the space, deliver our furniture and carry out the fit-out work are important points on the agenda. However, we must not forget a number of other crucial details. Experts from the Office Agency Department at BNP Paribas Real Estate summarise what to keep in mind once the lease is signed.

Companies in Bucharest that operate in modern office buildings have monthly occupancy costs ranging between €175 and €500 per employee, according to an analysis by Cushman & Wakefield Echinox.

Mill Park office complex, located in the 9th district of Budapest is Skanska’s eighth Hungarian development. Lease agreements have been already signed for 90% of the premises.

A reference kit for an office manager: experts from the Office Agency Department at BNP Paribas Real Estate explain how to plan an office for a small company.

Warimpex officially opened Ogrodowa Office, a modern office building in the centre of Łódź, located in the vicinity of Piotrkowska street, the Manufaktura, and Vienna House Andel’s Łódź. The building provides more than 28,000 sqm of space, of which nearly 4,000 will be occupied by commercial and service outlets as well as food amenities. The building has received the occupancy permit and the first tenants of office and service premises have already moved in.

WeWork will open its latest location at Warsaw’s Europejski scheme. Europejski, formerly known as the Europejski Hotel, is a mixed-use building offering Class A+ office and retail space. It is also home to the Raffles Europejski Warsaw hotel.

JLL has successfully rented out the Albatros Business Centre in Prague 1. Almost 3,500 sqm of space on Národní třída will be occupied from spring 2019 by Spaces, a global coworking giant of Dutch origin, which will become a major tenant of the building next to Česká spořitelna. This opening of the first branch in the Czech Republic indicates a growing interest in this type of office.