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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

  • Stay Fit Gym has leased approximately 1,000 sqm for a new fitness centre, which will open in the Family Market Tomești retail park, developed by Iulius in the Iași region.
  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.
  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.

New appointments

  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.

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