News - The number of employers opting for hybrid working is rising
28
Jul
2022

The number of employers opting for hybrid working is rising

by Property Forum
Three in five employers (59%) will ultimately embrace hybrid working - this represents a 14 pp increase on the June 2021 survey. Global real estate services firm Cushman & Wakefield has published the results of its survey of 103 decision-makers in office space management in Poland.
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News - One United Properties buys office building in Bucharest
28
Jul
2022

One United Properties buys office building in Bucharest

by Property Forum
Romanian developer One United Properties has completed the acquisition of One Victoriei Plaza office building in central Bucharest for around €28 million.  
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News - H1 2022 sees high tenant activity in Warsaw’s office market
27
Jul
2022

H1 2022 sees high tenant activity in Warsaw’s office market

by Property Forum
The first six months of 2022 saw record results for the office market in Warsaw. During H1 2022, as much as 479,400 sqm was leased, making it the best ever H1 performance for the capital city’s market. According to JLL experts, this is evidence that the capital's market is undergoing a thaw after two years of continuous uncertainty.
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News - IT companies drive office leasing activity in Prague
26
Jul
2022

IT companies drive office leasing activity in Prague

by Property Forum
The gross take-up in the Prague office market has increased by 41% in Q2 2022 compared to Q2 2021. The volume of office construction also increased y-o-y by 47%. Leasing activity was driven by IT companies and the rent gap between newly completed and existing buildings continues to widen, says the office market report for Q2 2022 published by The Prague Research Forum.
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News - Office vacancy reaches 9.9% in Budapest
25
Jul
2022

Office vacancy reaches 9.9% in Budapest

by Property Forum
The lowest vacancy was registered in North Buda with a 4.4% rate, whereas the highest rate remained in the Periphery submarket (31.4%). Net absorption has remained positive by the end of the second quarter, amounting to 33,720 sqm, Budapest Research Forum (BRF) reports.
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News - Warsaw's office take-up hits record high
25
Jul
2022

Warsaw's office take-up hits record high

by Property Forum
In the first half of 2022, office take-up in Warsaw hit a record high of 479,400 sqm, representing a year-on-year increase of 94%. Savills forecasts that the growing undersupply of office space will drive rental growth going forward, further accelerated by shrinking availability and significant increases in construction costs and office property management fees.
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News - Colliers to manage more buildings for Stena Fastigheter
21
Jul
2022

Colliers to manage more buildings for Stena Fastigheter

by Property Forum
Colliers has taken over the management of two office buildings owned by Stena Fastigheter – phase I of Centrum Południe in Wrocław and phase III of High5ive in Kraków. Following Spark B in Warsaw, these are further investments belonging to one of Sweden's largest private real estate companies to be managed by Colliers.
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News - Skanska completes superstructure of Prague project
19
Jul
2022

Skanska completes superstructure of Prague project

by Property Forum
Skanska has completed the superstructure of the Port7 project in Prague which will offer more than 35,800 sqm of office and retail space. After 16 months, construction of the building reached the top floor deploying 31,000 cubic metres of concrete and 4,100 tons of steel reinforcement.
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News - Wing completes building structure of Budapest office complex
18
Jul
2022

Wing completes building structure of Budapest office complex

by Property Forum
The structure of Wing's Liberty office building has been completed on schedule, bringing the project one step closer to completion in 2023. Located on Könyves Kálmán körút in District 9, the multifunctional office building will host a dual-branded ibis-Tribe hotel after its completion.
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News - GTC Bulgaria signs two lease deals
15
Jul
2022

GTC Bulgaria signs two lease deals

by Property Forum
GTC Bulgaria is welcoming a new tenant on board – fast-growing software company Gtmhub, which will lease 1,700 sqm in Advance Business Centre I. Moreover, one of GTC’s anchor tenants extended the lease in Mall of Sofia Tower for another five years.
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Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • 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.

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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