News - E.ON to start operations in Cluj-based Record Park
09
Aug
2023

E.ON to start operations in Cluj-based Record Park

by Property Forum
E.ON Business Services Cluj, part of the German group E.ON, will relocate to a  new office space in Record Park, the mixed-use project developed by Speedwell, and owned by AYA Properties Fund. The fit out works for the new office have been completed and the company is expected to start operations in the new space soon.
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News - Immocap's new tower in Bratislava nears completion
08
Aug
2023

Immocap's new tower in Bratislava nears completion

by Vera Tumova
Bratislava's downtown has a new tall building. The Mill, by developer Immocap, is nearing completion and recently took down the scaffolding to reveal the final form of the high-rise project, real estate website yimba.sk reports.
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News - The HOP in Warsaw gets Well HSR certification
07
Aug
2023

The HOP in Warsaw gets Well HSR certification

by Property Forum
The HOP office project in Warsaw has been awarded the WELL Health – Safety Rating by the International WELL Building Institute (IWBI) following a complex review that covered a range of health-related factors including air and water quality.
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News - Optimism prevails in Warsaw's office market despite supply gap
02
Aug
2023

Optimism prevails in Warsaw's office market despite supply gap

by Property Forum
Despite a supply gap and a low level of new completions (18,700 sqm in H1), there is a lot of optimism in the capital’s office market. Over 230,000 sqm is scheduled to be delivered in the next three years, which will significantly increase the amount of office space available to let. On the demand side meanwhile, we observe a relatively high occupier demand, whereby 2/3 of all agreements signed in H1 were new leases. AXI IMMO presents market data for the first half of 2023.
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News - No new offices are being built in the Czech Republic
02
Aug
2023

No new offices are being built in the Czech Republic

by Property Forum
The floor area of newly completed office buildings in the Czech Republic fell by 20 percent last year. This year, we can expect a renewed increase, but this will be driven only by previously completed projects, with virtually no new office buildings being built this year, according to an analysis by facility management company ISS Czech Republic.
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News - Mixed-use complex Liberty receives use permit in Budapest
01
Aug
2023

Mixed-use complex Liberty receives use permit in Budapest

by Property Forum
The mixed-use property development Liberty by Hungarian developer Wing has reached a major milestone. The office area in the south wing has received its use permit, and the first tenants have already moved in. At the same time, a sports store is now open on the ground floor.
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News - Office tenants in Polish regional cities focus on efficiency
01
Aug
2023

Office tenants in Polish regional cities focus on efficiency

by Property Forum
According to a report published by Newmark Polska, occupier activity in Poland’s regional city office markets remains stable, but tenants are increasingly shifting their focus towards making efficient use of office space and looking for better quality offices.
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News - Polish office market enters the optimization phase
27
Jul
2023

Polish office market enters the optimization phase

by Property Forum
There are more and more vacant office spaces on the regional markets in Poland. In Warsaw, despite the decline in demand, the availability of offices is getting smaller, says Walter Herz. 
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News - Office demand in Bucharest up 22% in H1 2023
26
Jul
2023

Office demand in Bucharest up 22% in H1 2023

by Property Forum
Gross demand for office spaces in Bucharest hovered around 164,000 sqm in the first half of 2023, up by 22% compared to the same period of last year, while deliveries of new office buildings will remain on a downward trend by year-end, according to data from iO Partners. 
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News - ConvergenCE to hand over refurbished office building in Budapest
24
Jul
2023

ConvergenCE to hand over refurbished office building in Budapest

by Property Forum
The Academia office building in downtown Budapest has undergone complete renovation and modernization. The building will offer 12,500 sqm of office space from the first week of August. The complex has obtained the WiredScore-Gold certification and soon it will boast additional certifications, such as BREEAM, WELL and Access4you.
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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • 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.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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