Recorde Asset Management, the real estate fund management arm of Concorde Group, in close strategic cooperation with Forestay Group, is investing in the Móricz Student Living student residence and office building.
Total demand for office spaces in Budapest was up 21% year-on-year to 238,400 sqm, of which net take-up accounted for 105,860 sqm, according to the Budapest Research Forum (BRF).
Wing will open next year a new 4-star hotel with direct terminal access to the Budapest Liszt Ferenc International Airport. The hotel will be operated under a management agreement with Accor.
CA Immo and Morgan Stanley have signed the prolongation of a long-term lease agreement for around 20,000 sqm in Budapest-based Millennium Tower office buildings I-III.
Industrial developer CTP has leased over 100,000 sqm of logistics space across its Hungarian projects to a Korean company specialised in automotive logistics.
International Workplace Group (IWG), the provider of hybrid work solutions, has announced the opening of two flexible workspaces in Budapest and Miskolc under the Regus brand.
Two new shops, ISpot and Rituals, have opened in the Forum Gliwice shopping centre. A larger Half Price has also started operating. The centre is owned by Deka Immobilien and managed by MVGM.
Lux Med Group has joined the group of tenants in Kraków's The Park complex, opening a dental clinic in the office building. The clinic has taken up an area of almost 900 sqm in the B1 building.
Flexible office operator CitySpace will launch its fifth location in Warsaw in October. The development in the Nowogrodzka Square office building owned by the French property manager will operate under the name CitySpace Novo and will occupy 2,500 sq m on two floors.
New appointments
Pascal Gadet became General Manager of the Radisson Collection Hotel Warsaw on 1st of July this year. A native of the Netherlands, Pascal Gadet has more than 30 years' experience in the hotel industry and has been with the Radisson Group for 20 years.
The Office Agency team at Avison Young has gained a new member. Aleksandra Mącik has joined the team as a Consultant.
Marcin Kucinski, previously Chief Operating Officer, has been appointed General Manager at Royal Tulip Warsaw Apartments, replacing Rafal Kincer, who took over as CEO of Polski Holding Hotelowy as of 15th of July 2024.
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