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News Adgar to expand the Adgar Plaza complex in Warsaw
23
Nov
2022

Adgar to expand the Adgar Plaza complex in Warsaw

by Property Forum
After its August acquisition of the Renaissance Tower office building in Warsaw's Wola district, the company has increased its holdings in the business district of Służewiec. Another office building will be constructed on a plot of nearly 7,000 sqm, located at 10 Marynarska Street, in the immediate vicinity of the existing Adgar Plaza complex.
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News New leases drive Bratislava's office market
22
Nov
2022

New leases drive Bratislava's office market

by Property Forum
In the third quarter of the year, the office leasing volume in Bratislava increased by 40% quarter-on-quarter, but in a year-on-year comparison, the volume decreased by 12%, reports the Bratislava Research Forum.
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News River Development makes solar investment in Bucharest offices 
22
Nov
2022

River Development makes solar investment in Bucharest offices 

by Property Forum
River Development will complete in May 2023 an investment of more than €1 million in a photovoltaic power plant for the generation of green, renewable and clean energy in Sema Parc. The plan will initially cover part of the electricity consumption in three office buildings based in the Bucharest project. 
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News Genesis Property completes green energy investment in Bucharest
22
Nov
2022

Genesis Property completes green energy investment in Bucharest

by Property Forum
Romanian developer Genesis Property has completed the largest renewable energy project in an office park in Romania. The project consisted of the installation of more than 1,000 photovoltaic panels on an area of more than 4,000 sqm, in prosumer mode, on the office buildings’ roofs in YUNITY Park based in northern Bucharest, following an investment of €1 million.
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News GTC hands over new office building in Belgrade
21
Nov
2022

GTC hands over new office building in Belgrade

by Property Forum
GTC Group, present in Serbia for the past 20 years, has opened its newest office building in Belgrade. GTC X brings to the market 17,700 sqm of first-class office space in Block 41, located along Milutin Milanković Boulevard in New Belgrade. 
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News Strabag to replace Atrium in Warsaw with offices and hotel
18
Nov
2022

Strabag to replace Atrium in Warsaw with offices and hotel

by Property Forum
Strabag Real Estate has announced the development of Upper One, an office and hotel complex at the junction of ul. Grzybowska and Jana Pawła II in Warsaw. It will replace the out-of-use Atrium International office building.
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News Immofinanz to sell Bucharest office building
17
Nov
2022

Immofinanz to sell Bucharest office building

by Property Forum
Property group Immofinanz, controlled by CPI Property Group (CPIPG), is reportedly negotiating the sale of its Băneasa Airport Tower office building in northern Bucharest.
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News Office gap is expected also in Polish regional markets
16
Nov
2022

Office gap is expected also in Polish regional markets

by Property Forum
Over the last few quarters, a new office space supply gap in Warsaw, caused by record low levels of space under construction and predominantly forecast for 2023, has been widely discussed. This appears to also be the case with Poland's largest regional markets albeit slightly lagging behind Warsaw, says JLL. 
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News Nooka Space inks office deal with NEPI Rockcastle in Romania
16
Nov
2022

Nooka Space inks office deal with NEPI Rockcastle in Romania

by Property Forum
Nooka Space, a start-up that operates smart flex offices, has announced a partnership with NEPI Rockcastle for the implementation of flexible workspaces on the premises of the group’s retail portfolio in Romania. 
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News Wing to renovate former congress hall in Budapest
14
Nov
2022

Wing to renovate former congress hall in Budapest

by Property Forum
As part of an office development project by Wing, the Ligeti Auditorium will undergo a complete renovation while preserving its historical heritage, according to the company's LinkedIn page.  
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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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