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.
Commerz Real has created a new Impact Investment division and named a new Head of Sustainability. The asset manager intends to place its focus to a greater degree than in the past on capital investments whose returns are not measured solely in terms of economic success, but also with a view to their positive impact on society and the environment.
M7 Real Estate has completed the letting of a 1,025 sqm retail unit at the newly refurbished Csillag Center in Budapest to Polish fashion brand, Sinsay, on behalf of M7 CEREF I.
Insurer Euroins Romania has leased 2,500 sqm in J8 Office Park, the project developed by Portland Trust in northern Bucharest. The office building with a total leasable area of 44,000 sqm will be delivered later this month.
The PYC-SPORT company, a producer and distributor of professional sports equipment, has decided to lease over 3,000 sqm of warehouse and office space in the Panattoni Park Business Center Łódź II. AXI IMMO was advising the tenant in the negotiation process.
New appointments
Silviana Petre Badea has been named Deputy Head of CEE Capital Markets at real estate consultancy JLL. At the same time, she will hold the role of Managing Director of JLL Romania.
Adrian Bojczuk has joined Tétris' Polish office to take on the newly created position – EMEA Investors and Landlords Client Development Director. He will work closely with the management and business development teams in each country, as well as with the JLL Investor team in EMEA.
Savills has strengthened its Office Agency in Poland with the appointment of Marcin Sabowicz and its Industrial Agency with Adam Włochyński.
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