News - Karimpol starts construction of office building in Prague
26
May
2025

Karimpol starts construction of office building in Prague

by Property Forum
Karimpol International is building Vydrovka Office Center in Pobřežní Street in Karlín in Prague 8, with the project name referring to the first half of the 20th century, when a retail company Vydra & Bohuslav used to have its factory and a warehouse on the site.
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News - Terra Romania invests nearly €3 million in new HQ
23
May
2025

Terra Romania invests nearly €3 million in new HQ

by Property Forum
Terra Romania Utilaje de Construcții, part of Austrian construction equipment distributor Terra Holding, has opened its new HQ in Brașov, following an investment of  €2.7 million.
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News - Nemo expands its portfolio in Prague
22
May
2025

Nemo expands its portfolio in Prague

by Property Forum
NEMO Fund has acquired the Panorama Business Center office building, which is located next to the National Museum in Prague.
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News - Vastint Romania to deliver expansion of Timpuri Noi Square in 2026
22
May
2025

Vastint Romania to deliver expansion of Timpuri Noi Square in 2026

by Property Forum
Vastint Romania has officially launched the second phase of Timpuri Noi Square, its flagship urban regeneration project in Bucharest.
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News - IAD signs new tenant in TCC in Bratislava
20
May
2025

IAD signs new tenant in TCC in Bratislava

by Property Forum
IAD IRF, a sub-fund of IAD Investments Fund, has signed a lease agreement with Kooperativa poisťovňa, a.s. Vienna Insurance Group and its subsidiaries for the office space in the Twin City C building in Bratislava. 
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News - Office supply in Polish regional cities remains very low
19
May
2025

Office supply in Polish regional cities remains very low

by Property Forum
In Q1 2025, the total modern office stock in Poland’s regional markets reached approximately 6.77 million sqm. During this period, new supply was limited, with only one office project completed - Dymka 188 in Poznań, offering 2,400 sqm of space, says Avison Young. 
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News - Romanian entrepreneur buys office building in northern Bucharest
19
May
2025

Romanian entrepreneur buys office building in northern Bucharest

by Property Forum
Romanian entrepreneur Daniel Ștefănescu, owner of mobile phone distributor Gersim, has purchased the IPA office building in northern Bucharest from a group of investors.
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News - Penta welcomes new tenant in Nová Waltrovka
15
May
2025

Penta welcomes new tenant in Nová Waltrovka

by Property Forum
The Czech headquarters of the American Citi are soon moving to Nova Waltrovka in Prague. The bank will occupy new premises in the Metalica building from Penta Real Estate.
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News - CEE office market sees low delivery volumes in Q1 2025
15
May
2025

CEE office market sees low delivery volumes in Q1 2025

by Property Forum
The office space market across CEE experienced a slowdown in demand during Q1 2025, with less than 30,000 sqm of office space delivered across the region, according to Cushman & Wakefield Echinox. 
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News - Syrena Real Estate buys office project in Warsaw
12
May
2025

Syrena Real Estate buys office project in Warsaw

by Property Forum
Syrena Real Estate, a Polish commercial real estate investment company, has acquired the Zaułek Piękna office building located in the heart of Warsaw's Śródmieście district from Manova Partners. The purchase was co-financed by mBank. The price has not been disclosed.
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Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.

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