All three phases of the Budapest ONE office complex have been given an official permit, Hungarian developer Futureal informed.  

As many as 60% of office workers want a hybrid model of work, with 55% having previously worked in this manner. The pandemic has introduced revolutionary changes in the way we work, forcing companies to rapidly adapt to this shift in working patterns. After more than two years, the time has come to reflect and develop a working model that both supports an organisation’s business goals and responds to employees’ expectations. 

The owner and asset management company placed 437 solar panels on top of the Blue Cube office building to decrease CO2 emissions by 120 thousand kilogrammes a year.

Liebrecht & wooD has started preparations for its latest project in Warsaw’s Praga-Północ district. Drucianka Campus will be developed as part of the revitalization of Drucianka (the Warsaw Wire, Pin and Nail Factory), which will be a large-scale mixed-use complex, offering 42,000 sqm of office space and more than 7,500 sqm of additional space for retail, services and events.

Companies are now concerned with creating the best conditions to meet the employees’ needs as they resume work in the office buildings, according to data from real estate consultancy Cushman & Wakefield Echinox.

British company Hyperoptic has leased 5,000 square meters in the BIGZ business centre, in a transaction brokered by Coreside Savills.

The office leasing market in Romania has recorded a fall of 18% in gross take up in the first half of 2022 compared to the same period of last year, although Bucharest has seen a slight increase, according to a report by real estate consultancy JLL Romania.

HB Reavis has completed the construction of Varso Tower, the tallest skyscraper in the EU, designed by Foster + Partners. The first tenants will soon move in.

Rent and maintenance charges are rising, lease periods are being prolonged, and contracts are subject to higher and higher annual indexation of rates. Nevertheless, offices in all markets in Poland still enjoy record-high popularity

A 1,500 sqm mixed-use real estate development is underway in the Sóskúti Ipark Park, located next to the M7 motorway in the Budapest area.