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News Volvo Tech Hub leases 10,000 sqm of office space in Kraków
14
May
2024

Volvo Tech Hub leases 10,000 sqm of office space in Kraków

by Property Forum
Volvo Tech Hub will occupy 10,000 sqm of space at Brain Park C. A new section of Volvo Car Poland will be moving into the Kraków office building, from Echo Investment, in three phases, starting in September 2024. In the transaction, the tenant was represented by JLL Polska. In addition, JLL's PDS department also provided support for the project.
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News Bucharest’s main office hub attracts medical players
14
May
2024

Bucharest’s main office hub attracts medical players

by Property Forum
Spaces leased by private medical operators now represent about 2.5% of the total modern office space available in Bucharest, with most of the players occupying buildings in Bucharest’s main office hub based in northern Bucharest, according to an iO Partners report.
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News Atenor secures occupancy permit for Budapest office building
13
May
2024

Atenor secures occupancy permit for Budapest office building

by Property Forum
Atenor announced that the first phase of its BakerStreet project in Budapest has successfully obtained its occupancy permit. This Class A+ office complex located in South Buda was planned and built according to the strictest ESG criteria. The leasing agreement for the entire building of 16,643 sqm was signed by E.ON Hungaria Group, the German energy solutions giant. Tenants are scheduled to commence occupancy starting in June.
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News Office demand in Polish regional cities remains moderate
09
May
2024

Office demand in Polish regional cities remains moderate

by Property Forum
According to the latest report published by Newmark Polska, during the first three months of 2024, Poland’s regional city office markets experienced moderate occupier demand, with regearing accounting for most of total take-up. In addition, while the overall regional vacancy rate rose to nearly 18%, development activity was more muted and focused on three cities: Katowice, Poznań and Wrocław, which contain 75% of the office stock under construction.
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News IWG adds new office location in Budapest
07
May
2024

IWG adds new office location in Budapest

by Property Forum
Regus Centerpoint will be a workspace with co-working spaces, private offices, meeting rooms and creative spaces. This opening follows a partnership agreement with GTC Hungary, who has invested in the IWG platform to create a branded flexible workspace in their building.
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News CTP to complete Brno brownfield office project this year
25
Apr
2024

CTP to complete Brno brownfield office project this year

by Property Forum
The Vlněna brownfield project in Brno, which was purchased in 2007 by CTP, is now entering its final phase. This year, the developer is planning to complete the first office building in this project.
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News Availability of prime offices in central Warsaw shrinks
25
Apr
2024

Availability of prime offices in central Warsaw shrinks

by Property Forum
According to the latest report published by Newmark Polska, the Warsaw office market is entering a period of an increased focus on the repurposing and refurbishment of office buildings. As office availability in central Warsaw declined in the first quarter of 2024, occupiers’ interest shifted towards non-central locations. Development activity remained stable but relatively weak, with a significant concentration of new office projects in central zones, which accounted for nearly 90% of the total office stock under construction.
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News More retail emerge at offices in Warsaw
23
Apr
2024

More retail emerge at offices in Warsaw

by Property Forum
Already 64% of Warsaw’s office buildings offer at least one retail or service unit, reveals Cushman & Wakefield. With new retail supply remaining low across Warsaw, retailers and service providers are increasingly looking for alternative locations. In addition, recent years have seen a significant shift in user preferences regarding the use of office space and types of services available in office buildings.
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News Passerinvest finishes first stage of brownfield development in Prague
19
Apr
2024

Passerinvest finishes first stage of brownfield development in Prague

by Property Forum
Passerinvest Group has opened the Roztyly Plaza office building, approved in March, to its tenants. It is located in Prague 11, next to the metro station Roztyly.
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News Which CEE city has the lowest office fit-out costs?
11
Apr
2024

Which CEE city has the lowest office fit-out costs?

by Property Forum
Bucharest still has some of the lowest fit-out costs in the region for offices, despite an increase of around 15-20% during the past 12 months, according to Cushman & Wakefield Echinox data. Office fit-out costs in Bucharest have an average of €943 per sqm, which is 32% below Warsaw and Prague, and 32% above Sofia, which has the most advantageous costs in the region.
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Latest news


New leases

  • A showroom of the IWC Home and Dion brands has opened in the Homepark Janki retail park, owned by the Pradera European Retail Parks Fund, occupying about 680 sqm of retail space.
  • Hatrans Logistics, which operates in the logistics and transportation services sector, has leased 5,000 sqm of warehouse and office space at the Hillwood Łódź Chocianowice park.
  • TPL Logistic has leased nearly 3,700 sqm of warehouse and office space in the P3 Blonie park near Warsaw, thereby increasing the space it previously occupied to 5,000 sqm in two warehouses.

New appointments

  • At the beginning of July, Jesika Mackiewicz took the position of Business Manager of Warsaw projects at Matexi Poland. She will be responsible for development of the company portfolio of residential projects and land purchases.
  • Rafał Kincer has been appointed CEO of Polski Holding Hotelowy. The new head of the state-owned hotel company will take the helm in mid-July.
  • Anne Kavanagh, former CEO of residential and mixed-use developer Telford Homes (of the Trammell Crow Company group), has been appointed president of ULI Europe. The Urban Land Institute (ULI) also announced the appointment of Angela Cain as global CEO.

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