ARTICLES LABELLED WITH TAG fitout

News - Bucharest office fit-out costs remain among lowest in CEE
12
Mar
2025

Bucharest office fit-out costs remain among lowest in CEE

by Property Forum
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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News - Optimization is the current buzzword in CEE offices
16
May
2024

Optimization is the current buzzword in CEE offices

by Property Forum
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


New leases

  • Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.
  • Rohlig SUUS Logistics, the largest Polish logistics operator, has extended its lease, on a long term basis, at the Bolero Office Point 1 building in Warsaw. The company has been occupying the space since 2014.
  • In recent months, M1 Czeladź, managed by EPP, has signed lease agreements and extensions of cooperation covering a total area of over 6,200 sqm. For instance, New Yorker is preparing a larger showroom of over 1,500 sqm, while Ochnik is moving to a new space totaling 925 sqm. McDonald's and CCC have also strengthened their presence at M1 Czeladź by extending their lease agreements. CCC has also decided to renovate its premises. Pierre Cardin is also staying in the project longer

New appointments

  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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