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News Dageco Expoziției Estate gets funding for PV panels
15
Mar
2023

Dageco Expoziției Estate gets funding for PV panels

by Property Forum
Business park Dageco Expoziției Estate is among the first the first office buildings in Bucharest that will produce renewable energy after the installation of 260 photovoltaic panels on the roof. The clean energy will also power two car charging stations. 
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News Warsaw’s Wspólna 47/49 office building is fully leased
15
Mar
2023

Warsaw’s Wspólna 47/49 office building is fully leased

by Property Forum
Yareal Polska has completed the commercialisation of Wspólna 47/49 boutique office building. In 2022, the company leased out more than 4,000 sqm of available office space, with Enervigo, “Future For Ukraine” Foundation, and a representative of the European institutions' sector added to the building’s tenant roster. This means that the building, located in the very heart of Warsaw, at the junction of Wspólna and Marszałkowska streets, is now 100% leased. 
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News Sutherland Bulgaria moves to new office in Sofia
13
Mar
2023

Sutherland Bulgaria moves to new office in Sofia

by Property Forum
The new office is located in the Balkan Business Center, near Tsarigradsko Shose Boulevard. The building is powered by 100% renewable energy sources and holds certificates of excellence in sustainable and green construction and energy efficiency.
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News U•Center Phase 1 in Bucharest gets certified as WELL Platinum
07
Mar
2023

U•Center Phase 1 in Bucharest gets certified as WELL Platinum

by Property Forum
U•Center Phase 1, the office project in Bucharest owned by Pavăl Holding, has obtained the WELL Core certification at the Platinum level with a score of 91. The owner and Forte Partners, the developer of the building, said this is the highest score in Romania for this type of certification. 
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News Brno's office market is in a stage of uncertainty
02
Mar
2023

Brno's office market is in a stage of uncertainty

by Property Forum
Demand for office space in Brno is changing, companies are more reserved towards commitments due to higher costs. New construction will bring additional metres to the market, which, together with the tenants’ behaviour, will gradually decrease its absorption. Vacant meters will be filled gradually and slowly, which could be fuelled by the arrival of more international companies, says Cushman & Wakefield´s analysis.
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News Olivia Center in Gdańsk to prepare two more buildings
02
Mar
2023

Olivia Center in Gdańsk to prepare two more buildings

by Property Forum
One of the next buildings of Olivia Center is to serve as an office, and the other as a residential one for long-term rental (so-called PRS). The investor has just received a building permit for both buildings.
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News REICO sells office building in Bratislava
02
Mar
2023

REICO sells office building in Bratislava

by Property Forum
REICO ČS Nemovitostní fund (RČSN) has renewed its portfolio. After purchasing the multifunctional property Bořislavka Centrum in Prague and the logistics park Panattoni Park Tychy DC2 last year, it has now proceeded to sell the Office Box office building in Bratislava, one of its longest-held properties. The building was purchased by MOVYS Invest, a Slovak company which focuses primarily on providing services in the telecommunications sector.
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News Demand for smaller office areas grows in Bucharest
27
Feb
2023

Demand for smaller office areas grows in Bucharest

by Property Forum
The share of IT companies in the Bucharest office leasing market has shrunk to less than 30% compared to a prepandemic level of more than 50%, according to data from real estate consultancy 24 REAL. 
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News CA Immo starts renovation of Saski Crescent in Warsaw
23
Feb
2023

CA Immo starts renovation of Saski Crescent in Warsaw

by Property Forum
The Saski Crescent office building, located in Warsaw, at the intersection of Marszłakowska and Królewska streets, will offer more than 15,000 sqm of office space after renovation. The procedure will be completed in 2024. 
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News GTC Hungary to use only clean energy from 2023
23
Feb
2023

GTC Hungary to use only clean energy from 2023

by Property Forum
As part of its energy management and sustainability strategy, the real estate developer will reduce its domestic energy consumption by 20 per cent by 2025. 
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Latest news


New leases

  • Bebe Tei is scheduled to open in Q1 2026 a store spanning over 1,700 sqm in Iulius Mall Cluj. At the same time, dm drogerie markt will open this autumn a new unit spanning over 500 sqm in the same project.
  • Activ Property Services brokered the transaction in which moveX leased 3,300 sqm of modern logistics space within the Mega Company Park in Chiajna, near Bucharest.
  • The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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