News Zeitgeist to finish reconstruction of Prague palace in 2023

Zeitgeist to finish reconstruction of Prague palace in 2023

by Property Forum
Zeitgeist Asset Management continues the complete reconstruction of the almost 100-year-old Dunaj Palace on Národní třída in the centre of Prague. The aim is to return the building to its original splendour and refinement from the 1920s. According to the developer, the spirit of the time in which the building was built will be preserved, but the building will be equipped with the most modern technologies of today. The developer announced that the building will be ready for occupation at the end of 2023.
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News Forte Partners launches new office project in Bucharest

Forte Partners launches new office project in Bucharest

by Property Forum
Work is well underway on site at Forte Partners’ U Centre, a new, eight-floor office development in the Bucharest. The investment is valued at €200 million.
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News Construction underway at Bucharest business park

Construction underway at Bucharest business park

by Import Sys
Chapman Taylor reported that construction on Expo Business Park in Bucharest is underway. The 70,586 sqm development comprises three separate and self-contained office buildings set over a shared two-level basement parking structure.
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Latest news

New leases

  • The Aura Centrum Olsztyn shopping centre saw the opening of the largest Ochnik brand store in the Warmia and Mazury region in Poland. The shop occupies an area of 433 sq m and is located in the modernised passageway of the gallery on level +2.
  • Zwieger, a brand selling small household appliances for the kitchen, has joined the ranks of tenants at Designer Outlet Sosnowiec (southern Poland). The newly opened showroom has 105 sqm.
  • Aviareps will lease almost 187 sqm of office space in the newly modernised LIFE Building in Warsaw, formerly the Atrium Tower, owned by Austrian company VIG FUND. JLL Polska is responsible for the full commercialisation of the LIFE Building, while Biuro Na Miarę represented the tenant, Aviareps, in the negotiation process.

New appointments

  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.


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