ARTICLES LABELLED WITH TAG fitout
12
Mar
2025
Mar
2025
Bucharest office fit-out costs remain among lowest in CEE
Bucharest has seen a 12% increase in average office fit-out costs in 2024, surpassing €1,000 per sqm, but this level is still among the lowest in capital cities across CEE, according to Cushman & Wakefield Echinox research.
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16
May
2024
May
2024
Optimization is the current buzzword in CEE offices
Workplace adaptation to hybrid working, sustainability and inclusion are some of the biggest office trends and buzzwords at the moment. The implementation of these elements in a new office is, however, a challenge, especially in the current macroeconomic situation. Employers want to bring employees back to the office, while optimising rising costs. According to Cushman & Wakefield’s latest report, medium-quality fit-outs in Warsaw are priced at an average all-in rate of €1,250 per square metre – almost the same as in Prague or Budapest but half of what average fit-out costs are in London and Hamburg.
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Latest news
- Warsaw office market starts 2026 with limited construction
- Development JV buys large land plot in Prague
- CTP signs 25,000 sqm Metro lease at Sofia West park
- Polish office market grapples with increasing fit-out costs
- Hungary on the map again: Join our free webinar
- Czech industrial market hits demand-lease balance for first time in years
- New office deliveries in Warsaw top 40,000 sqm in Q1 2026
- GTC secures €149 million refinancing for German resi assets
- Bucharest office fit-out, among the most affordable in CEE
- Echo Investment marks 30 years on the Warsaw Stock Exchange
New leases
- Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
- EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
- IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.
New appointments
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
