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News Colliers takes over management of more offices Gdynia
08
Dec
2022

Colliers takes over management of more offices Gdynia

by Property Forum
Colliers has taken over the management of more office buildings belonging to a joint venture of Investika realitní fond and Bud Holdings – Łużycka Office Park, and Łużycka Plus located in Gdynia. Thus, six office projects in the Tri-City have already come under the care of Colliers' management. Experts from the company's regional office will additionally be responsible for supporting the owner in the property’s commercialisation.
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News Globalworth secures new certification for Romanian office portfolio
08
Dec
2022

Globalworth secures new certification for Romanian office portfolio

by Property Forum
Globalworth has achieved the Access4you certification for its entire portfolio of almost half a million square meters consisting of 16 office buildings in Romania, becoming the first landlord to hold accessibility certification for wheelchair users, the elderly, people with limited mobility, and people with strollers. Colliers, the only Access4you partner for Romania, conducted the audits and completed the audit reports for Globalworth's entire building portfolio.
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News GTC to open biggest single office complex in Hungary
06
Dec
2022

GTC to open biggest single office complex in Hungary

by Property Forum
The existing two buildings of Centerpoint, owned by GTC and located in the heart of the largest office district in Budapest, are set to undergo a massive technical refurbishment which is to be completed next year. 
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News CityLab opens after massive refurbishment in Budapest
06
Dec
2022

CityLab opens after massive refurbishment in Budapest

by Property Forum
The first tenant has already moved into the downtown office building recently modernised by Defactoring Zrt. Located in District 9, the office building has been equipped with solar panels and smart devices.
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News Developers in Prague to start 126,600 sqm of new offices soon
05
Dec
2022

Developers in Prague to start 126,600 sqm of new offices soon

by Property Forum
Even though the increase in the amount of new office space in Prague in Q3 2022 was the lowest so far this year and no new construction even began, according to Colliers, there is no need to worry about a lack of offices. In the coming months, developers plan to start speculative construction of approximately 126,600 sqm in new space. Despite original assumptions, the office vacancy rate in Prague, unlike in neighbouring markets, is decreasing and has reached 8.1%. Gross realised demand for 137,700 sqm was the highest level so far in 2022, reported Colliers in their regular quarterly market survey.
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News CTP to build high-tech office building in Brno
30
Nov
2022

CTP to build high-tech office building in Brno

by Property Forum
CTP is constructing a brand-new office building in the premium office complex Vlněna, located on a former Brno brownfield site. It aspires to be the most modern building of this type in Central Europe. This 61-metre-high glass building will be located in the centre of the Moravian metropolis, will be completed by mid-2024 and will cost CZK 600 million (€24.65 million), the developer announced.
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News Zeitgeist to finish reconstruction of Prague palace in 2023
30
Nov
2022

Zeitgeist to finish reconstruction of Prague palace in 2023

by Property Forum
Zeitgeist Asset Management continues the complete reconstruction of the almost 100-year-old Dunaj Palace on Národní třída in the centre of Prague. The aim is to return the building to its original splendour and refinement from the 1920s. According to the developer, the spirit of the time in which the building was built will be preserved, but the building will be equipped with the most modern technologies of today. The developer announced that the building will be ready for occupation at the end of 2023.
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News Penta secures €74 million loan for Prague office project
28
Nov
2022

Penta secures €74 million loan for Prague office project

by Property Forum
Penta Real Estate has secured a bank loan of €74 million, or over CZK 1.8 billion, from two banks, ČSOB and Česká spořitelna, for the construction of the office part of the Nová Waltrovka project in Prague's Radlice district, the Czech News Agency reported.
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News 20% of European office stock could become flex
24
Nov
2022

20% of European office stock could become flex

by Property Forum
Savills, along with its flexible office specialist Workthere.pl, anticipates that flex office stock in Europe will reach circa 20% of total office stock across the continent over the next 10 years. However, this will vary significantly by location and working culture, as the definition of what is considered ‘flex’ broadens.
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News Marynarska Business Park in Warsaw to be modernised
24
Nov
2022

Marynarska Business Park in Warsaw to be modernised

by Property Forum
One of the largest office complexes in Warsaw’s Mokotów district, Marynarska Business Park, is currently undergoing extensive modernisation. The project is being carried out with particular attention to sustainability. The redevelopment will give a new appearance to the common areas of the office buildings and the outdoor area, where the 6,000 sqm concrete car park is being transformed into a publicly accessible green park. The planned completion date is Q2 2023.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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