Real estate consultancy Cordon has published its monthly reports based on 500 ads for apartments that were available for lease for Belgrade in February of 2023.
Belgrade’s residential market recorded a quarterly transaction volume of €826.4 million in Q4 2022, the highest on record, local real estate consultancy Cordon reports.
The entire Revolucija office building, developed by Granit Invest, with more than 10,000 square meters of office, retail and garage space, was leased to one company as a tenant, which was advised by CBRE South Eastern Europe.
GTC Group, present in Serbia for the past 20 years, has opened its newest office building in Belgrade. GTC X brings to the market 17,700 sqm of first-class office space in Block 41, located along Milutin Milanković Boulevard in New Belgrade.
Prices in Belgrade’s residential market are still showing double-digit increases compared to the previous year. Local real estate consultancy Cordon published a report summarising the key trends driving Belgrade’s residential market in Q2 2022.
Kuehne+Nagel Global Services has leased 9,000 square meters at the Airport City Belgrade Business Park, in a transaction brokered by the consulting company Coreside Savills.
Indotek Group has completed the acquisition of 11 office buildings in 5 business parks in Belgrade from GTC. With the closing of one the recent years’ largest transactions in CEE, Indotek Group has further strengthened its position in the regional real estate market and is now present in 12 countries.
Belgrade Waterfront is adding one more residential building which will be its 24th. BW Eterna is a building with 223 residential units on six standard and two recessed floors. This building has apartments of different sizes and structures – from one to four-bedroom apartments.
Reka Rubber Polska, manufacturer of rubber products, will double its lease at MLP Poznań West to close to 4,000 sqm. The company is expected to move into the new facility in the second quarter of 2023.
Intersport will open a new large outlet in the recently refurbished GOBUDA Mall in Budapest in Q3 2023. The firm joins German retailer Wellensteyn and Hungarian retailer Budmil, both started to trade there in March. A new Wok'n Go restaurant will be available in the mall in the Summer.
Wolt has leased office space in Warsaw's Lumen building. As a result of the transaction, the new tenant has taken nearly 900 sqm. The office building in the centre of Warsaw is owned and managed by Globalworth Poland.
New appointments
Jacek Kostrzewski, Managing Director of Gleeds Poland, has been appointed as a Member of the company's Management Board, effective 7th of March, 2023. Kostrzewski is responsible for shaping the company's strategy, managing its operations and further developing the company on the Polish market in terms of current, as well as new services and sectors.
CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
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