ARTICLES IN Office TOPIC

News Office demand in Bucharest stays flat in 2022
25
Jan
2023

Office demand in Bucharest stays flat in 2022

by Property Forum
Demand for office space in Bucharest was flat at 286,100 sqm in 2022 compared to the previous year, while the vacancy rate fell slightly to 12.54%. Demand was driven by the IT sector, which had a share of more than 25% of the office leasing market, according to JLL Romania.
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News KÉSZ Group to build new office complex in Szeged
24
Jan
2023

KÉSZ Group to build new office complex in Szeged

by Property Forum
The Hungarian construction firm will offer modern office space after an extensive refurbishment of an educational facility in the downtown of Szeged, an important regional city in Hungary, szeged.hu reports.
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News Occupier activity in Warsaw returns to pre-pandemic levels
23
Jan
2023

Occupier activity in Warsaw returns to pre-pandemic levels

by Property Forum
According to a report published by Newmark Polska, new office supply reached 237,000 sqm in 2022, bringing Warsaw’s total prime office stock to close to 6.27 million sqm at the end of the year. The gross office take-up hit 860,000 sqm.
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News New leases dominate the office market in Warsaw
20
Jan
2023

New leases dominate the office market in Warsaw

by Property Forum
PINK has published figures on the office market in Warsaw for Q4 2022. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers, Cushman&Wakefield, JLL, Knight Frank, Newmark, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.
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News AT Capital Group buys plot for office tower in Warsaw
20
Jan
2023

AT Capital Group buys plot for office tower in Warsaw

by Property Forum
Savills has advised AT Capital Group on the acquisition of the development plot at the junction of Grzybowska and Żelazna streets in Warsaw for the planned 140-metre-high Liberty Tower.
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News Huge office portfolio to be refinanced in Budapest
19
Jan
2023

Huge office portfolio to be refinanced in Budapest

by Property Forum
Asset management firm Diófa and the Hungarian branch of Erste Bank have concluded a financing deal for seven years. The refinancing contract is worth €73 million, portfolio.hu reports.
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News Global Vision buys office building in Bucharest
19
Jan
2023

Global Vision buys office building in Bucharest

by Property Forum
Romanian industrial developer Global Vision has purchased the Nova Building office project in northern Bucharest, with the overall investment in the building set to exceed €12 million.  
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News Office demand in Bucharest up 13% in 2022
19
Jan
2023

Office demand in Bucharest up 13% in 2022

by Property Forum
Demand for new offices in Bucharest rose by 13% in 2022 compared to the previous year, with 332,922 sqm of spaces leased in the city during the past year, according to real estate consultancy Fortim Trusted Advisors. 
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News Yellow Tree buys office building in Bucharest
19
Jan
2023

Yellow Tree buys office building in Bucharest

by Property Forum
Property investor Yellow Tree has purchased the Olympia Tower office building in Bucharest from Bluehouse Capital for an undisclosed sum. 
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News Krausz Palota to open after refurbishment in Budapest
19
Jan
2023

Krausz Palota to open after refurbishment in Budapest

by Property Forum
The historic building will offer 4,600 sqm of office and 340 sqm of retail space in the very heart of the Hungarian capital. The opening is expected at the end of January.
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Latest news


New leases

  • Peakside Capital has signed a lease with DPD Polska for 7,000 sqm of cross-dock space at City Point Targówek. The complex is now undergoing a major redevelopment. It will eventually offer close to 100,000 sqm of commercial space, making it the largest urban logistics scheme in Warsaw.
  • Industrial developer CTP has leased 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in southern Bucharest.
  • INATECH Packaging, the protective packaging and insulating materials supplier, has leased 2,300 sqm of office and warehouse spaces in CTPark Oradea Cargo Terminal.

New appointments

  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.
  • Michał Kloch was appointed as Cost Management Lead, Poland in the Project & Development Services team of Cushman & Wakefield with effect from 1 March. In his role, he heads a team of quantity surveyors and is responsible for oversight of construction costs during all project delivery phases and for preparation of cost analyses and reports.
  • Two people have joined the REINA Company. Since February this year, Michał Baranowski acts as Business Development Manager and Joanna Turalska supports the work of the team as Leasing & Team Coordinator. REINA Company specialises in comprehensive transactional and echnical consultancy for organisations using office space.


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