ARTICLES LABELLED WITH TAG development

News Warsaw office development boom continues
10
Jun
2016

Warsaw office development boom continues

by Ákos Budai
The total modern office stock in Warsaw reached 4.75 million sqm at the end of Q1 2016. As much as ca. 75% of this space is located in the central Core and Fringe zones, as well as Upper South and South West. Cushman & Wakefield has published the sixth edition of their Skyline Tracker report, outlining developers’ activity in the Warsaw office market.
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News HB Reavis announces its third Budapest project
02
Jun
2016

HB Reavis announces its third Budapest project

by Ákos Budai
International real estate developer HB Reavis has announced the acquisition of the BEM Palace in Budapest from Europa Property Fund. Located in the heart of Buda, BEM Palace is the company’s third development site purchased in the Hungarian market and their first redevelopment project across all markets. 
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News Constructing new European capitals the Balkans way
01
Jun
2016

Constructing new European capitals the Balkans way

by Ákos Budai
Major cities of Southeastern Europe have had to face many challenges: wars, earthquakes and the drastic redevelopments of the socialist era. Today, they are trying to rebuild themselves and become modern, European capitals. We look at three countries, three capitals – and three very different plans for city developments. 
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News Can Central and Eastern Europe benefit from Brexit concerns?
17
May
2016

Can Central and Eastern Europe benefit from Brexit concerns?

by Ákos Budai
RICS organised its first annual conference in Bratislava, Slovakia on 5 May. The half-day event focused on the role of international standards in emerging markets and on the Slovakian property market itself.
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News How a 3-billion-euro megaproject will completely transform Belgrade
11
May
2016

How a 3-billion-euro megaproject will completely transform Belgrade

by Ákos Budai
More and more cities around the world are rediscovering the potential that lies in their waterfronts. Transforming old and dysfunctional industrial zones into lively areas with mixed uses has been trending for many years now and the Serbian capital has one of the most ambitious waterfront plans in the world. When new first broke about Belgrade Waterfront in the middle of the financial crisis few believed that the ambitious plans of Abu Dhabi-based developer, Eagle Hills would ever materialise. In 2016 however the wheels of the 1.8-million-square-metre megaproject are already set in motion, completely transforming the Serbian capital. Nikola Nedeljkovic, General Manager of Belgrade Waterfront talked to us about the 3-billion-euro development.
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News Prologis to deliver 20,000 sqm BTS expansion in Prague
04
May
2016

Prologis to deliver 20,000 sqm BTS expansion in Prague

by Ákos Budai
Prologis has announced that it will deliver an additional 20,500 square metre facility for Mall.cz, an online consumer goods and electronics store at Prologis Park Prague-Jirny. The building is scheduled for completion in the third quarter of 2016.
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News New BTS developments on the Budapest industrial market
04
May
2016

New BTS developments on the Budapest industrial market

by Ákos Budai
Demand for industrial space lifted significantly in Q1 2016 in Budapest industrial markets and the hegemony of BTS projects has not broken yet. In the Budapest-South submarket vacancy rate dropped to 4.4% triggering two speculative projects, CBRE reports.
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News Prologis completes BTS distribution hub in Bratislava
28
Apr
2016

Prologis completes BTS distribution hub in Bratislava

by Ákos Budai
Prologis today celebrated the grand opening of a 25,414 square metre build-to-suit facility for BMW Group at Prologis Park Bratislava.
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Latest news


New leases

  • LS Logistics has leased over 6,000 sqm in warehouse and office space at Hillwood Janki Sokołów. As a result of the transaction, Hillwood Poland's 33,000 sqm warehouse centre is now fully leased.
  • Polkomtel, a part of the Polsat Plus Group, will move into the Sterling Business Center, a building managed by GTC and located in Łódź (central Poland) this December. The company will occupy over 3,000 sqm.
  • Kolejkowo - creator of exhibitions with miniature models of places from Poland and all over the world - will open a new 1,110 sqm space in the Warsaw Towers office building from CA Immo's portfolio, occupying almost the entire first floor of the building. Kolejkowo in Warsaw Towers will be available to visitors as early as mid-March 2025.

New appointments

  • Tomasz Waligórski will take over as General Manager of the Carrefour chain in Poland from 1 November. In this function, he will replace the previous, long-standing director of the Polish branch, Tareck Ouaibi.
  • Savills consultancy announced the strengthening of the Landlord Representation team within its office space division. Kamila Bartosik-Budecka and Michał Porzycki have joined the team.
  • Andreea Comșa has been appointed Commercial Director of Speedwell. In her new position, she will lead and coordinate the operations of the commercial department with responsibility for the sales and leasing teams. She will also oversee the implementation of sales and development strategies, being fully involved in marketing initiatives and expanding existing business segments.

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