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News - Office vacancy rate in Warsaw reaches 12.5%
22
Jul
2021

Office vacancy rate in Warsaw reaches 12.5%

by Property Forum
PINK has published figures on the office market in Warsaw for Q2 2021. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers, Cresa, Cushman&Wakefield, JLL, Knight Frank, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.
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News - Commerz Real leases 12,000 sqm to Warsaw’s Municipal Office
22
Jul
2021

Commerz Real leases 12,000 sqm to Warsaw’s Municipal Office

by Property Forum
Warsaw’s Municipal Office has leased 12,000 square metres in the recently completed Widok Towers in Warsaw. The Technical City Hall will occupy ten of the total of 28 stories in the future. The high-rise complex, which was developed by Austria’s S+B Gruppe, has been owned by the Commerz Real open-ended real estate fund hausInvest since 2014.
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News - Wing to develop RTL Hungary’s new head office
20
Jul
2021

Wing to develop RTL Hungary’s new head office

by Property Forum
Wing and RTL Services Kft., a business services company of Magyar RTL Televízió Zrt., have signed a long-term lease agreement involving the soon to be renovated Liget Center and Liget Auditorium office buildings. RTL Hungary’s head office and news studios will relocate to this nearly 9,000 sqm complex in a historic environment opposite City Park in 2024, after the renovation of the heritage buildings in a development fully tailored to the tenant’s needs.
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News - Renewals continue to drive Budapest’s office market
19
Jul
2021

Renewals continue to drive Budapest’s office market

by Property Forum
Total demand on the Budapest office market reached 97,990 sqm in Q2 2021, representing increases of 31% quarter-on-quarter and 11% year-on-year. Renewals still made up the largest share of total leasing activity with 40%, according to the Budapest Research Forum (BRF).
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News - CTP secures new tenant for Brno office complex
13
Jul
2021

CTP secures new tenant for Brno office complex

by Property Forum
Zebra Technologies, a global leader in mobile computing, barcode printers and scanners, is moving from Brno’s Královo Pole district, where it has been operating for 17 years, to the Vlněna office complex built by CTP in the centre of Brno.
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News - Property Market secures occupancy permit for Budapest office building
12
Jul
2021

Property Market secures occupancy permit for Budapest office building

by Property Forum
The BudaPart CITY office building in South Buda has received its occupancy permit. The first tenants can move into the building, developed by Property Market Kft., already in the summer.
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News - Savills to commercialize Diamante Plaza in Kraków
08
Jul
2021

Savills to commercialize Diamante Plaza in Kraków

by Property Forum
Real estate advisory firm Savills has been appointed as the letting agent for the office space in Diamante Plaza in Kraków.
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News - Romanian employees think the office is partially safe for health
08
Jul
2021

Romanian employees think the office is partially safe for health

by Property Forum
More than 65% of Romanian employees consider their office to be only partially safe for health in the context of the pandemic, according to a new survey commissioned by Genesis Property. 
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News - Globalworth's Polish portfolio is now fully certified
07
Jul
2021

Globalworth's Polish portfolio is now fully certified

by Property Forum
Globalworth has completed the process of updating the BREEAM certification of its Polish office buildings. In the first half of this year, another 17 buildings in the company’s office portfolio in the country obtained BREEAM In-Use certificates at the ‘Excellent’ level.
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News - IBM Hungary to move new HQ to Corvin Innovation Campus
07
Jul
2021

IBM Hungary to move new HQ to Corvin Innovation Campus

by Property Forum
IBM Hungary is relocating its headquarters to Corvin Quarter in Budapest. The tech company will be moving into Futureal’s Corvin Innovation Campus in a phased co-location starting in 2023.
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Latest news


New leases

  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
  • Local courier company Sameday is occupying a new 5,000 sqm last-mile logistics facility in Constanța Olympian Parks, part of Helios Phoenix Group. During the 2025 Black Friday campaign, Sameday's new regional hub in Constanța processed over 400,000 parcels.
  • ITPunkt has leased 460 sqm for its new HQ at Oxygen Park office complex in Warsaw. At the same time, Paszkiewicz Firma Budowlana expanded its leased area to 300 sqm in the same project.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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