ARTICLES LABELLED WITH TAG CBRE

News CBRE leases 1 million sqm of offices in CEE in 2019
13
Feb
2020

CBRE leases 1 million sqm of offices in CEE in 2019

by Property Forum
Although there has been a slight decline in total office demand, CBRE leased 1 million square meters of office space last year in the CEE region. For Romania’s office market, 2019 was a prolific year, with the modern stock surpassing 3 million sqm and, finally, with a reversal of classes composition: Class A became the preponderance with 53% of the total. As the main market of the country, Bucharest faced a strong demand, approximatively 386,000 sqm being leased in 2019 – an impressive 19% growth compared with 2018
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News Investment volume exceeds €1 billion in Romania in 2019
21
Jan
2020

Investment volume exceeds €1 billion in Romania in 2019

by Property Forum
The volume of real estate investments in Romania exceeded €1 billion in 2019, totalling about €1.06 billion, 7% higher than the figure registered in 2018, according to CBRE Romania’s data. The volume reached in 2019 also marks a record of the last five years in terms of investment transactions on the Romanian real estate market.
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News Regional office markets grow rapidly in Romania
20
Jan
2020

Regional office markets grow rapidly in Romania

by Property Forum
The stock of modern office space in Bucharest reached 3.16 million square meters at the end of the third quarter of 2019, in the context of a population of 2.11 million inhabitants and an unemployment rate of 1.3 %, according to the Romania Office Destinations report, conducted by CBRE Romania.
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News Cavatina Holding sells Kraków office park
17
Jan
2020

Cavatina Holding sells Kraków office park

by Property Forum
Cavatina Holding has signed a sale agreement for the Equal Business Park office complex in Kraków. The complex comprises four buildings offering a total of over 60,000 sqm of Class A office space. The buyer is a joint venture managed by Apollo-Rida Poland.
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News Romanian investors sell three office buildings in Cluj-Napoca
17
Dec
2019

Romanian investors sell three office buildings in Cluj-Napoca

by Property Forum
CBRE assisted the Hexagon group of companies in selling a portfolio of three office buildings in Cluj-Napoca. By adding this new transaction, the volume of real estate investments reaches almost €200 million in Cluj-Napoca, thus maintaining its attractivity after Bucharest, in terms of real estate investment.
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News CBRE advises on Budapest shopping centre renewal
16
Dec
2019

CBRE advises on Budapest shopping centre renewal

by Property Forum
CBRE represented Adventum International in the acquisition of the KöKi Terminal shopping centre in South Pest. CBRE also provides property management and exclusive retail leasing and advisory services for the €18 million (6 billion HUF) renewal project of the 66,000 sqm GLA shopping centre
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News Flex space providers expand in Bucharest
06
Dec
2019

Flex space providers expand in Bucharest

by Property Forum
CBRE advised flexible space provider Regus in the opening of its 12th centre at Sun Business Center project, located within Sun Plaza shopping centre. The decision of Regus responds to the demand for flexible spaces from companies in the northern half of the city, in order to provide an alternative for the employees living in the southern area, their share being estimated at 50% of the total staff.
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News Optimism dominates Poland’s logistics market
29
Nov
2019

Optimism dominates Poland’s logistics market

by Property Forum
According to a new report by Panattoni and CBRE, the attitude towards the future in the logistics, production and trade industries changed slightly compared to last year. The Optimism Level Index in Logistics and Supply Chain in Poland for 2019-2020 was determined at an average level of 49 points, which is lower than the result obtained last year (57.4). Logistics companies are again more positive about the future (53.9 points) than production and trade enterprises using logistics services (44 points). Despite this change in mood, as many as 7 out of 10 institutions assess the costs of supply chain operations in Poland as lower than the EU average, and 6 out of 10 believe that Poland is competitive as a place of investment - both statistics have increased since last year.
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News CBRE becomes PM of two Bucharest projects
29
Nov
2019

CBRE becomes PM of two Bucharest projects

by Property Forum
CBRE was assigned to provide property management services for the projects developed by the company One United Properties in the north of Bucharest, namely the office building One Tower and the residential complex One Mircea Eliade, which comprise a total area of 24,000 square meters offices and 247 high-end apartments. The portfolio managed by CBRE now exceeds 800,000 square meters.
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News Strong tenant demand for real estate in Romania
18
Nov
2019

Strong tenant demand for real estate in Romania

by Property Forum
The Romanian real estate market continued to show a positive evolution, and in the third quarter of 2019, the positive trend applied to all three leasing sectors, according to CBRE Research data. In the first nine months of the year, approximately 290,000 sqm were leased on the office segment, the main source of the demand being the IT&C companies and the financial industry, while on the retail market a number of 11 new brands chose to enter in Romania, among which Victoria's Secret and Burger King, advised by CBRE.
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Latest news


New leases

  • Hexing Technologies Europe has leased 8,000 sqm for a new production plant in Globalworth Timisoara Industrial Park I. The lease deal was brokered by CBRE.
  • Eolus Poland, a renewable energy developer from Sweden, will become one of the tenants of LIFE Building. It will soon occupy nearly 300 sqm of the office building located in Warsaw's Wola district.
  • Polcast Media group, the owner of Polonia 1 TV, has signed a lease for approximately 500 sqm of office space at Trinity One in Warsaw. Located in Warsaw's Służewiec district, Trinity One is part of Revetas Capital's portfolio.

New appointments

  • Avison Young has named Adrian Crizbășianu, former executive at DB Schenker and VGP, as the new Head of Industrial & Logistics Agency. He has an extensive background in logistics and real estate spanning over 25 years.
  • Katarzyna Uzar joins the Valuation and Advisory team at Avison Young in Poland to take on the position of Assistant Valuer. She will support the team in creating offers and letters of appointment for valuation and will help property valuers throughout the valuation process.
  • Bartosz Chrostowski, an expert with almost 10 years of experience in commercial property, has joined real estate advisory firm Savills as an Associate Director of the landlord representation team of the office agency led by Daniel Czarnecki.

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