News - Echo’s new Warsaw office project gets its first green light
22
Jun
2017

Echo’s new Warsaw office project gets its first green light

by Ákos Budai
Echo Investment has been granted a permit for the construction of the first office building which is part of the Browary Warszawskie project in the quarter of Grzybowska, Wronia, Chłodna and Krochmalna streets.
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News - TriGranit expands Krakow office complex
22
Jun
2017

TriGranit expands Krakow office complex

by Ákos Budai
TriGranit is to start the construction of Building H with an area of 10,000 sqm at the Bonarka for Business (B4B) complex in Kraków. This will be the eighth office building at B4B, one of the most popular office complexes in Kraków. At the same time, Bonarka for Business launches its new Tenant Relationship Program to serve the needs of their tenants on a higher level. 
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News - Construction stars on Timisoara mixed-use project
20
Jun
2017

Construction stars on Timisoara mixed-use project

by Ákos Budai
The Iulius Company started the construction works for a new Class A office building in Timişoara, as part of the Openville project, the largest mixed-use development in Western Romania. This is the third office building developed under the United Business Center (UBC) brand of the seven office buildings to be included in the project. With a gross leasable area upwards of 130,000 sqm, the office component of the Openville project is set to become a regional business hub.
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News - Warsaw’s Kopernik Office Buildings get certified
20
Jun
2017

Warsaw’s Kopernik Office Buildings get certified

by Ákos Budai
Warsaw’s Kopernik office complex has received a BREEAM In-Use certificate with “Very Good” ratings in both Asset Performance and Building Management. The audit, commissioned by Cushman & Wakefield, the office park’s property manager, was conducted by Go4Energy.
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News - Echo Investment acquires loan for Wroclaw office project
20
Jun
2017

Echo Investment acquires loan for Wroclaw office project

by Ákos Budai
Echo Investment concluded a contract with the PKO BP bank concerning an investment loan of nearly €32 million and a VAT loan of PLN 6 million. The funds will be used for the execution of the Sagittarius Business House office project in Wrocław.
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News - Knight Frank to manage Maraton in Poznan
14
Jun
2017

Knight Frank to manage Maraton in Poznan

by Ákos Budai
Knight Frank will manage the Maraton office building in Poznan. Union Investment, the property owner, entrusted the company with the management of a building with a total GLA of more than 26,000 sqm.
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News - Penta refinances Warsaw project
14
Jun
2017

Penta refinances Warsaw project

by Ákos Budai
Penta Investments has obtained financing for the D48 office building, which is under construction in Warsaw’s Służewiec district. The project should be completed in August with the building expected to be put into operation in early October. It will have a GLA of over 26,000 sqm.
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News - Knight Frank Poland wins three new mandates
07
Jun
2017

Knight Frank Poland wins three new mandates

by Ákos Budai
Knight Frank was appointed sole agent to commercialise V.Offices – a project currently under construction by AFI Europe in Kraków – and buildings B and C of the Sportowa Centrum office complex in Gdynia. Knight Frank has also been appointed property manager of the Lobos office building in Kraków, a property is owned by the Lobos Group.
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News - JLL lists most active office developers in Prague
31
May
2017

JLL lists most active office developers in Prague

by Ákos Budai
In 2017, 151,000 sqm of new office premises will be added to the Prague Market. This represents an increase of 13% above ten-year average. JLL listed the most important players on the office development market in Prague.
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News - Are we truly ready for smart buildings?
29
May
2017

Are we truly ready for smart buildings?

by Ákos Budai
We live in the era of smart phones, smart watches, smart cars and smart homes. But are we ready for super smart office buildings? An article by By Stefania Baldovinescu, Senior Partner, Real Estate Management Services at Colliers International Romania.
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Latest news


New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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