ARTICLES IN Office  TOPIC

News Futureal tops out final phases of Budapest office project
27
May
2021

Futureal tops out final phases of Budapest office project

by Property Forum
Futureal’s Budapest One office park has achieved another major milestone in its development, as the second and third phases of the complex have reached their highest point. Budapest One will house both Vodafone's new headquarters and BT's regional service centre.
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News IWG brings new flexible workspace brand to Budapest
27
May
2021

IWG brings new flexible workspace brand to Budapest

by Property Forum
IWG has announced the opening of a brand-new centre in the Szervita Square Building in Budapest. The centre, which opened last month, is operating under the Signature brand, which provides workspaces in the most sought-after locations in the world.
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News How long will Budapest’s office market continue to soar?
27
May
2021

How long will Budapest’s office market continue to soar?

by Property Forum
Although many projected that office development projects would be cancelled due to the pandemic, that is not what the numbers are showing. Developments are ongoing despite the emergence of working from home and Eston forecasts about 160,000 sqm of offices for rent to be put on the market this year, following 230,000 sqm in 2020. Meanwhile, the pre-lease ratio of buildings under construction is lower than seen in previous years, in line with the current demand trend.
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News Office rents in Bucharest down 12-17% compared to 2019
27
May
2021

Office rents in Bucharest down 12-17% compared to 2019

by Property Forum
The rent environment for Bucharest offices has been on a downward trend since the onset of the health crisis as flexible work arrangement that limited the presence of employees in offices were implemented, according to Investpoint.
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News Avestus selects general contractor for Wrocław office building
25
May
2021

Avestus selects general contractor for Wrocław office building

by Property Forum
Avestus Real Estate has selected the general contractor for the Infinity office building in Wrocław. Comprehensive implementation of the project to be developed at Jana Pawła II Square (at the junction of Legnicka and Nabycińska streets) will be the responsibility of Eiffage Polska Budownictwo S.A. The investment with a total lease area of almost 22,000 sqm is scheduled to be completed in Q1 2023.
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News Chillispaces opens second office in Łódź
24
May
2021

Chillispaces opens second office in Łódź

by Property Forum
React, an office project developed by Echo Investment in Łódź, will be the second location in the city for Chillispaces, a company specializing in providing coworking spaces. The tenant will start to operate here in the first quarter of 2022.
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News Hagag concludes procedures for building restoration in Bucharest
21
May
2021

Hagag concludes procedures for building restoration in Bucharest

by Property Forum
Hagag Development Europe says it has submitted the complete documentation in order to obtain the building permit for the consolidation and restoration works on Știrbei Palace, a historical building located in central Bucharest. 
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News Small town workspaces possess huge potential
21
May
2021

Small town workspaces possess huge potential

by Property Forum
As more people get vaccinated and offices are reopening, companies need to make a decision on how to manage their workforce. Employees that worked remotely for much of the past year will now circulate between work from home and commuting to the office. But do employees really want to work from home or from the office 5 days a week? CEE-based flex office provider New Work believes that the future belongs to flexible workplaces everywhere and they see demand for hundreds of flex office locations across each country in the region.
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News Contera to build office building in Ostrava
20
May
2021

Contera to build office building in Ostrava

by Property Forum
Czech industrial developer Contera is entering a new segment and will deliver an office building in the heart of Ostrava. The new project, named Organica, is set to boast intelligent control systems and environmental friendliness, the company announced on LinkedIn.
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News Passerinvest Group to launch new mixed-use project in Prague
20
May
2021

Passerinvest Group to launch new mixed-use project in Prague

by Property Forum
Local developer Passerinvest Group is preparing its second large-scale project in Prague, Nové Roztyly. The project is to create offices and other jobs for nearly 3,000 people and to provide housing for around 1,500 residents, local daily E15 reports.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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