ARTICLES IN Office TOPIC

12
Sep
2019

Strong demand persists on Prague’s office market

by Property Forum
The office space market in Prague is currently doing very well and has a great potential for further development. Its excellent condition is illustrated by several parameters that Cushman & Wakefield has been monitoring on a long-term basis and whose correct interpretation in relation to the current results is presented here. These indicators are primarily the highly positive trend in the office demand (the occupied office space increased by 47,000 sqm), vacancy rate remaining at its record-breaking low (with just 4.6% of stock being vacant) and the highest number of newly opened buildings in the last five years (17 buildings including 11 newly built ones).
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12
Sep
2019

IT companies drive Kraków’s office market

by Property Forum
Kraków’s total office stock amounts to nearly 1.35 million sqm. According to reports from developers, more than 110,000 sqm is expected to be completed by the end of 2019, pushing this year’s new supply up to a record high of 200,000 sqm, according to Cushman & Wakefield.
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09
Sep
2019

Szczecin’s office market expands

by Property Forum
The first half of 2019 witnessed two new office completions in Szczecin totalling nearly 3,500 sqm, whilst another 27,300 sqm is expected to be added to the city’s stock by the end of this year.
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09
Sep
2019

CBRE to manage CA Immo’s Bucharest building

by Property Forum
CBRE has been mandated by CA Immo to provide property management services for the Campus 6.1 office building, located in the central-western area of Bucharest, being the first time when CA Immo outsources property management services for a project in its portfolio.
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05
Sep
2019

Colliers to lease rebuilt Budapest office building

by Property Forum
Irányi Palace - located in Downtown Budapest in Irányi street, between Váci and Veres Pálné streets – will rejuvenate by mid-2020 as a high quality, contemporary style office building. The property, owned by Optinvest Zrt is being rebuilt by EBH Invest, based on the plans of Pyxis Nautica Design & Build, while Colliers International has been exclusively appointed to lease the building.
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05
Sep
2019

Large-scale mixed-use project opens in Timișoara

by Property Forum
Companies Iulius and Atterbury Europe have opened the Iulius Town mixed-use project in Timișoara, the largest investment in the region, adding up to a total of €442 million. Iulius Town entailed integrating Iulius Mall Timișoara into an extensive urban regeneration project, completing it with retail, office and entertainment uses.
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29
Aug
2019

JLL selected as PM for Warsaw office building

by Property Forum
JLL has been selected by White Stone Group as property manager for the Celebro office building in Warsaw. The building has already been commissioned for use and its first tenants will relocate to the project in September 2019.
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22
Aug
2019

Speedwell secures new tenant for Cluj-Napoca project

by Property Forum
MHP Consulting Romania and Speedwell are proud to announce the signing of a new leasing agreement for a 5300 sqm office space in Record Park, a mixed-use project developed by Speedwell in Cluj-Napoca. The transaction was managed by Griffes, the broker entrusted with the commercial strategy and leasing for Record Park since the design stage of the mixed-use development.
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22
Aug
2019

Vastint Romania prepares for further development

by Property Forum
Timpuri Noi Square, Vastint Romania’s first project, reaches an occupancy rate of 90% within the 3 buildings situated in Bucharest, leasing more than 47.000 sqm, and welcomes since last year tenants like Bolt (formerly Taxify), Allergan, Exiger and Streamwide, developing a community of more than 3,000 employees.
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22
Aug
2019

Savills to advise owners of two Poznań buildings

by Property Forum
Savills has been appointed an office and retail leasing adviser for Okrąglak and Kwadraciak, two of the most iconic buildings in Poznań.
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