News - IWG opens new Regus office in Budapest
17
Oct
2024

IWG opens new Regus office in Budapest

by Property Forum
IWG has announced the opening of a new flexible workspace project in Budapest under the Regus brand in partnership with Proform Ingatlanbefektetési Zrt. 
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News - Passerinvest’s renovated office building cuts energy demand by half
16
Oct
2024

Passerinvest’s renovated office building cuts energy demand by half

by Property Forum
By reconstructing the office building in Prague's Brumlovka, together with the optimisation of technology operation, Passerinvest Group reduced the building's energy demand by more than 50%. It included a complete renovation of the facade and roofs. At the same time, all technologies ensuring a quality indoor environment were also modernised.
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News - Bucharest office market sees lower demand over tech slowdown
15
Oct
2024

Bucharest office market sees lower demand over tech slowdown

by Property Forum
Total demand for office leasing in Bucharest dropped by 25% to 236,000 sqm in Q3 compared to the same period of 2023, while new demand fell 11% to 82,000 sqm in the same interval due to the slowdown of the IT&C sector, according to a Colliers report. 
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News - Atenor rolls out repositioning of Olympia offices in Budapest
14
Oct
2024

Atenor rolls out repositioning of Olympia offices in Budapest

by Property Forum
Atenor has started to implement a rebranding of its Budapest-based office complex Olympia, formerly known as Aréna Business Campus, in a bid to accommodate new workplace trends, such as remote work and hybrid schedules.
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News - ZenGarden in Budapest reaches 95% occupancy rate
10
Oct
2024

ZenGarden in Budapest reaches 95% occupancy rate

by Property Forum
The ZenGarden office building in Budapest, managed by ConvergenCE, is close to full occupancy as of mid-September, driven by a mix of new leases and renewals.
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News - SAP Hungary extends lease for 18,000 sqm in Graphisoft Park
09
Oct
2024

SAP Hungary extends lease for 18,000 sqm in Graphisoft Park

by Property Forum
SAP Hungary has recently renewed its office lease agreement for over 18,000 sqm at Graphisoft Park, where the software company has been present in the past 18 years.
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News - Hybrid work to remain major trend in Poland's office market
03
Oct
2024

Hybrid work to remain major trend in Poland's office market

by Property Forum
Global economic transformations are impacting how companies operate and how workplaces are designed. The latest report developed by Walter Herz in collaboration with experts from Workplace, ISS Polska, DECISIVE Szmigiel, Papros, Gregorczyk, and Brill AV Media, outlines the leading trends shaping the development of the office market in Poland.
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News - Evo Properties rolls out first reconversion project in Bucharest
03
Oct
2024

Evo Properties rolls out first reconversion project in Bucharest

by Property Forum
Evo Properties has announced the reconversion of the London and Oslo office buildings in Bucharest into a multifunctional hub. 
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News - AFI Europe opens new coworking centre in Prague
02
Oct
2024

AFI Europe opens new coworking centre in Prague

by Property Forum
Developer AFI Europe is launching a new coworking centre on the ground floor of the AFI Home Kolbenova 1 rental residence in the AFI City district in Vysočany, Prague 9. Coworking spaces as part of the rental project are among the developer's domestic innovations.
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News - Strong leasing activity continues in Metropolitan Warszawa
02
Oct
2024

Strong leasing activity continues in Metropolitan Warszawa

by Property Forum
The Metropolitan Warszawa office building reported that 18,000 sqm of new lease agreements and extensions had been signed. Leases include blue-chip tenants such as HP, LCP Properties, Green Holding Group and others including a leading global consulting firm and a world leader in the energy and chemical sectors.
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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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