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News AstraZeneca expands at Postępu 14 office building in Warsaw
21
Oct
2021

AstraZeneca expands at Postępu 14 office building in Warsaw

by Property Forum
CA Immo has signed a lease extension agreement in the Warsaw office building Postępu 14. AstraZeneca Pharma Poland has decided to stay in the building for another 5 years and lease an additional 3,000 sqm of modern workspace. Consequently, the seat of AstraZeneca Pharma Poland in Warsaw will amount to ca. 21,000 sqm, which represents more than 60% of the building’s entire area.
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News JLL: Warsaw office market is slowly stabilising
20
Oct
2021

JLL: Warsaw office market is slowly stabilising

by Property Forum
Companies have signed more new leases agreements and are keen to use ''flex'' spaces before taking up their target office space. The decreasing activity of developers has helped to stabilise the vacancy rate q-o-q, but its high level poses a challenge for landlords. JLL summarizes the Warsaw office market at the end of Q3 2021.
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News Nooka Space adds smart offices in Cluj-Napoca
20
Oct
2021

Nooka Space adds smart offices in Cluj-Napoca

by Property Forum
Nooka Space start-up has announced the launch of the largest network of smart proximity offices in Romania, in Cluj-Napoca. 
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News New leases drive Budapest’s office market again
20
Oct
2021

New leases drive Budapest’s office market again

by Property Forum
Total demand on Budapest’s office market reached 81,500 sqm in Q3 2021, representing a 17% decrease quarter-on-quarter, but a 3% increase year-on-year. New leases overpowered regarding the share of total leasing activity with 60%, reveals fresh data by the Budapest Research Forum.
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News S Immo plans large-scale office project in Budapest
20
Oct
2021

S Immo plans large-scale office project in Budapest

by Property Forum
S Immo will further expand its Hungarian portfolio. The company is planning to develop a 40,000 sqm project on the Váci Road office corridor.
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News Office supply dwindles in Polish regional markets
19
Oct
2021

Office supply dwindles in Polish regional markets

by Property Forum
During Q3, the modern office space stock located outside of Warsaw grew by less than 20,000 sqm. Throughout this period, tenants have leased over 113,000 sqm of space, mainly through the signing of new contracts, or by contract renewals. Office employees have slowly been returning to the offices, tenants were waking-up to the new, hybrid reality and owners of office buildings and property managers began to deliberate more and more about rising utility costs. This is what the 3rd quarter snapshot mirrors in the regional office markets, as per the summary prepared by BNP Paribas Real Estate experts.
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News Warta takes 13 floors in Warsaw UNIT
18
Oct
2021

Warta takes 13 floors in Warsaw UNIT

by Property Forum
Insurance company Warta has just moved into the skyscraper, developed by Ghelamco near Daszyńśkiego roundabout in Warsaw.
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News Młyńska.6 in Katowice is ready for tenants
18
Oct
2021

Młyńska.6 in Katowice is ready for tenants

by Property Forum
Młyńska.6 investment in Katowice has just obtained its use permit. The exclusive advisor responsible for the commercialisation of the building is Colliers.   
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News Colliers upgrades Bucharest HQ, gets health certification
13
Oct
2021

Colliers upgrades Bucharest HQ, gets health certification

by Property Forum
Real estate consultancy Colliers says it has finished the transformation of its Bucharest-based HQ and is implementing the WELL Health-Safety standard in a bid to keep its employees safe and prepare for the post-pandemic future of work. 
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News Occupier activity bounces back on Warsaw's office market
13
Oct
2021

Occupier activity bounces back on Warsaw's office market

by Property Forum
According to “Office Occupier: Office Market in Warsaw”, a report published by Cresa Poland, total leasing volume for the first three quarters of 2021 topped 398,100 sqm, accounting for 51.2% of the annual average for 2015-2020.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.
  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.

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