News - Spotawheel leases 11,800 sqm in Bucharest-based Sema Parc
14
Apr
2022

Spotawheel leases 11,800 sqm in Bucharest-based Sema Parc

by Property Forum
The used cars platform operator Spotawheel has leased over 800 sqm of office space and an additional 11,000 sqm showroom outdoor space in the Sema Parc - Paris building, which is developed by River Development.
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News - Walter Herz to commercialise Blue Office in Warsaw
13
Apr
2022

Walter Herz to commercialise Blue Office in Warsaw

by Property Forum
Consulting company Walter Herz has been selected as the sole agent responsible for the commercialization of space in the Blue Office complex, which is a complementary office part of Blue City mall in Warsaw.
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News - Newmark: Supply gap becomes a fact in Warsaw
13
Apr
2022

Newmark: Supply gap becomes a fact in Warsaw

by Property Forum
In Q1 2022, leasing activity in the Warsaw office market reached its highest ever first-quarter total and the vacancy rate began to show a downward trend, reveals real estate advisory firm Newmark Polska in its latest report “Office Occupier – Warsaw Office Market”.
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News - S Immo buys Expo Business Park in Bucharest
13
Apr
2022

S Immo buys Expo Business Park in Bucharest

by Property Forum
Real estate investment company S Immo AG has purchased the Expo Business Park office project in Bucharest from Portland Trust for an undisclosed sum. 
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News - Warsaw's office market remains stable
12
Apr
2022

Warsaw's office market remains stable

by Property Forum
PINK has published figures on the office market in Warsaw for Q1 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 Polska, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.
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News - Colliers introduces new search engines for Czech market
12
Apr
2022

Colliers introduces new search engines for Czech market

by Property Forum
The Czech branch of Colliers launched a new generation of search engines for vacant office, industrial and retail space in the Czech Republic, the company announced.
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News - Forte Partners gets green power for Bucharest offices
12
Apr
2022

Forte Partners gets green power for Bucharest offices

by Property Forum
Romanian developer Forte Partners says that all its office projects in Bucharest are powered solely by renewable energy as part of its sustainability strategy.
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News - Romanian employees say WFH impacted team relations
07
Apr
2022

Romanian employees say WFH impacted team relations

by Property Forum
Some 82.6% of employees in Romania say that working from home has affected their relationship with their team, according to a survey conducted by office developer Genesis Property. 
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News - Bucharest office stock reaches 3.27 million sqm in Q1 2022
07
Apr
2022

Bucharest office stock reaches 3.27 million sqm in Q1 2022

by Property Forum
The office market in Bucharest expanded by 73,500 sqm to a total stock of 3.27 million sqm at the end of the first quarter of 2022, while leasing activity expanded by 44% compared to the first quarter of 2021, according to CBRE. 
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News - Wing's Budapest office building gets certified
07
Apr
2022

Wing's Budapest office building gets certified

by Property Forum
Wing's Honvéd Center office building in Budapest has received a BREEAM certification. The refurbished office buildings earned their BREEM In-Use Very Good certification with their energy and water-efficient management and with features that contribute to the well-being and health of the occupants.
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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • 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.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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