ARTICLES LABELLED WITH TAG construction

News Strabag to build 110 m tall office tower in Bucharest
22
Mar
2018

Strabag to build 110 m tall office tower in Bucharest

by Import Sys
Strabag SE, through its Romanian subsidiary, has been awarded the contract to build a 110 m tall office tower in central Bucharest. The contract has a value of about €39 million. Completion is scheduled for October 2019.
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News HB Reavis progresses with Varso Place construction
15
Nov
2017

HB Reavis progresses with Varso Place construction

by Import Sys
HB Reavis is simultaneously developing three buildings on the largest construction site in Warsaw city centre. The works on the diaphragm walls that will envelop the future basement storeys are nearing completion and a viewing platform has been opened for pedestrians to come and admire the spectacular excavation in progress.
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News Tenants will be ready to pay more for employee wellbeing
28
Sep
2017

Tenants will be ready to pay more for employee wellbeing

by Import Sys
The recently appointed CEO of HB Reavis Hungary firmly believes that new office developments should focus on employee wellbeing and he thinks that tenants will be ready to pay higher rental fees for extra services that will help decrease their turnover. Jan Hübner talked to Property Forum about his expectations for the future of the Hungarian market and about Agora Budapest, the company’s major new development in the capital.
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News AFI Europe sets the cornerstone of AFI Brasov
12
Sep
2017

AFI Europe sets the cornerstone of AFI Brasov

by Ákos Budai
AFI Europe set the cornerstone of AFI Brasov, the company’s third shopping mall in Romania and announced the advancement of construction works. AFI Brasov will include 200 shops and retail units with 80% of total space already leased. The first stage of construction includes a shopping center with a total gross leasable area of 45,000 sqm and one of the two Class A office towers that stretch over an area of 25,000 sqm GLA. The investment at this stage is of over €120 million. The company estimates that the delivery date of the project is Q1 2019.
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News Panattoni to deliver BTS factory in Western Poland
18
May
2017

Panattoni to deliver BTS factory in Western Poland

by Ákos Budai
Panattoni Europe is building a production facility for Reuss Seifert, German-based supplier of components for the construction industry. The facility featuring in excess of 30,000 sqm is going up in Nowa Sól, at the Kostrzyn-Słubice Special Economic Zone. The contract was mediated by CBRE.
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News Hungarian developers to face delays and lower profit margins
31
Mar
2017

Hungarian developers to face delays and lower profit margins

by Ákos Budai
The current forecast for total construction volumes in Hungary shows increases of 8% and 12% for 2017 and 2018, respectively. The barriers for the realization of the developments are the rise of construction costs and the lack of skilled labour force. CBRE expects that these issues raise risks of delivery delays and decrease of developers’ profit margins.
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Latest news


New leases

  • After 20 years, the Bratislava branch of the Kinstellar law firm has a new headquarters, an office building at Pribinova 34 by JTRE. In the Eurovea City waterfront district, it has furnished modern premises on over 1,300 sqm, including a private terrace.
  • Vision Express, a leader in the Polish optical market, has extended its lease at the MLP Pruszków I logistics center. The company occupies a total of 3,500 sqm of modern warehouse and office space there.
  • Ficosota Marketing Romania has leased 470 sqm in Bucharest-based Oregon Park, owned by Lion’s Head. The deal was brokered by Esop Consulting.

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.

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