News - Large corporations limit remote work in office return push
17
May
2023

Large corporations limit remote work in office return push

by Property Forum
Following other large corporations, New-York based asset manager BlackRock will order a massive return of its employees in the office starting this autumn. The company added a day to its current requirement of three days a week in the office in a bid to boost collaboration and training of its employees. 
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News - MOL Campus gets LEED Platinum certification in Budapest
16
May
2023

MOL Campus gets LEED Platinum certification in Budapest

by Property Forum
MOL Campus, the headquarters of the biggest company in Hungary, has already obtained a BREEAM Excellent certification. The complex offers 86,000 sqm of office and some retail space on 28 floors to host 2,500 staff. 
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News - Center-West becomes Bucharest's largest office hub
15
May
2023

Center-West becomes Bucharest's largest office hub

by Property Forum
The Center - West area (Politehnica, Orhideea, Cotroceni) has become the largest office hub in Bucharest, overtaking the Floreasca – Barbu Văcărescu submarket in Q1 2023, according to research by Cushman & Wakefield Echinox. This area is set to maintain its leading position in the medium term, considering the current development pipeline in the city. 
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News - Wing to add new building to its Liget Center in Budapest
12
May
2023

Wing to add new building to its Liget Center in Budapest

by Property Forum
The renovation of Liget Center, a Wing development, is about to reach a new milestone: a new building with an all-glass facade will join the existing office buildings – Liget Center Classic and Liget Center Auditorium – in the inner courtyard. Liget Center Vitrum will offer an additional 2200 sqm of leasable area in the city centre.
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News - Mindspace Skyliner opens its doors in Warsaw
11
May
2023

Mindspace Skyliner opens its doors in Warsaw

by Property Forum
Mindspace, the flex office provider, has opened its second Polish location, Mindspace Skyliner at Rondo Daszyńskiego in Warsaw. The new location spans 4,400 sqm and comprises private offices, common areas and boutique conference rooms.
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News - Prime rent on Bratislava's office market rises to €17.5
11
May
2023

Prime rent on Bratislava's office market rises to €17.5

by Property Forum
In the first quarter of 2023, the total office stock in Bratislava represented 2.02 million sqm. Compared to the previous quarter, the prime rent rose to the level of €17.5/sqm/month, the Bratislava Research Forum reports.
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News - Nivy Tower in Bratislava secures Gold Smart Building Certification
11
May
2023

Nivy Tower in Bratislava secures Gold Smart Building Certification

by Property Forum
Slovakia´s tallest building, Nivy Tower, has received the Gold Smart Building Certification. It is the first time that this kind of certificate was awarded to a CEE building, HB Reavis announced.
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News - Regional activity in Poland pushes average vacancy rates up
10
May
2023

Regional activity in Poland pushes average vacancy rates up

by Property Forum
New office supply in the first three months of 2023 totalled 68,100 sqm and was delivered in three cities only: Kraków, Wrocław and Tricity. According to Savills, at the end of March, over 1 million sqm of office space was vacant, equating to an average vacancy rate of close to 16%.
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News - BNY Mellon to lease 20,300 sqm from Skanska in Wrocław
10
May
2023

BNY Mellon to lease 20,300 sqm from Skanska in Wrocław

by Property Forum
BNY Mellon, an international company from the banking and finance sector, has leased all office space in the second phase of Skanska’s Centrum Południe complex located in Wrocław. The tenant’s employees will occupy approx. 20,300 sqm of office space. The opening of the new office is scheduled for April 2024. This is the largest lease transaction in Wrocław since 2020.
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News - JLL Poland to comercialize Unity Centre in Kraków
09
May
2023

JLL Poland to comercialize Unity Centre in Kraków

by Property Forum
JLL Poland has been selected as the exclusive agent responsible for the commercialization process of the Unity Centre complex, the largest business complex in Kraków. The project is owned by UNIQA Real Estate Management and GD&K Group.
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Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.

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