ARTICLES IN Office  TOPIC

News Skanska begins second phase of Studio office complex in Warsaw
10
Nov
2023

Skanska begins second phase of Studio office complex in Warsaw

by Property Forum
Studio A - Skanska’s latest investment in Warsaw - will contribute 26,600 sqm of office space to the local office market. The building is scheduled to be commissioned in 2025.
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News More deals take place in Poland's office market
09
Nov
2023

More deals take place in Poland's office market

by Property Forum
Cushman & Wakefield has summarized the third quarter of 2023 on the Polish office market. Office development activity continues to slow down both in Warsaw and in Poland’s regional city markets. Nominal leasing activity remains high in the largest regional cities, with Warsaw reporting a record number of leases.
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News One United Properties to develop office building in Bucharest for Infineon
06
Nov
2023

One United Properties to develop office building in Bucharest for Infineon

by Property Forum
Romanian developer One United Properties has signed a deal with German semiconductors maker Infineon Technologies for the development of a prime office building in northern Bucharest.  
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News Average office lease size in Bucharest reaches 4-year high
06
Nov
2023

Average office lease size in Bucharest reaches 4-year high

by Property Forum
The average office transaction in the first nine months of 2023 stood at 1,810 sqm, which is the highest average of the past four years and close to the level of 1,900 sqm recorded in 2019, according to Cushman & Wakefield data.
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News Office tenants choose the centre of Warsaw
31
Oct
2023

Office tenants choose the centre of Warsaw

by Property Forum
From January to the end of September 2023, the total demand for modern office space in Warsaw amounted to nearly 0.5 million sqm. Tenants often choose two contract options, i.e., they relocate to a new space or decide to renegotiate existing terms. The vacancy rate is decreasing, standing at 10.6% at the end of September 2023. On the supply side, developers delivered just over 20,000 sqm to the capital's office market in January-September 2023, indicating a supply gap period in Warsaw. Nevertheless, more than 240,000 sqm is under construction, most of which will be completed by the end of 2025, says Axi Immo. 
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News Q3 2023 sees robust leasing activity in Polish regional cities
30
Oct
2023

Q3 2023 sees robust leasing activity in Polish regional cities

by Property Forum
According to the newest report by Newmark Polska, in the third quarter of 2023, office take-up in Poland’s regional city office markets reached nearly 200,000 sqm, while the development pipeline was below 400,000 sqm. High vacancy rates in existing office buildings mean that tenants have a wide choice of options. Both developers and tenants remain focused on ESG, functionality, flexibility and optimisation of office usage and lease costs.
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News Office development activity in Warsaw slows down sharply
26
Oct
2023

Office development activity in Warsaw slows down sharply

by Property Forum
Cushman & Wakefield has released a summary of office market conditions in Warsaw. This year’s development activity is expected to fall to its lowest in nearly 25 years amid a record number of leases, falling vacancy rates and the continued upward pressure on rental growth. 
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News KREO in Kraków secures occupancy permit
26
Oct
2023

KREO in Kraków secures occupancy permit

by Property Forum
KREO, Ghelamco’s newest project in Kraków, has received an occupancy permit. More than 24,000 sqm of office space awaits tenants.
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News Prague office supply to dry up soon
25
Oct
2023

Prague office supply to dry up soon

by Property Forum
Q3 2023 did not bring much positive news from the Prague office market. Since Q2 2022, no office buildings have been launched on the Prague real estate market and the future does not look promising either, according to the latest analysis by Prague Research Forum. 
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News Development activity in Warsaw's office market gradually recovers
23
Oct
2023

Development activity in Warsaw's office market gradually recovers

by Property Forum
Office availability in the Warsaw office market is shrinking, with the vacancy rate for the whole city down to 10.6% and to just over 9% in the centre, says Savills. Tenants are, however, likely to enjoy a wider choice of options once more office projects are restarted. This process is already slowly getting underway, as is clear from the growing development pipeline.
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Latest news


New leases

  • iO Partners Serbia concluded its first office deal when Office Me, a coworking space, leased 1,100 sqm of office space in the Artklasa building in Belgrade.
  • With the support of Coreside Savills, video game development company Nordeus has decided to renew its lease for 6,100 square meters of office space within Green Heart Business Park, located in Belgrade.
  • Natura Bakery will lease almost 200 sqm of space on the ground floor of Poznan's Nowy Rynek E office building, developed by Skanska. The premises are scheduled to open in spring 2024.

New appointments

  • As of December 2023, Dorota Lachowska has joined the market research team at Knight Frank Poland as director of the department.
  • MLP Group is strengthening its sales team in Poland with the appointment of Przemysław Fijałkowski as Leasing Manager responsible for the lease of space in projects located in southern Poland.
  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.

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