ARTICLES LABELLED WITH TAG lease

Prologis has secured a 146,500 square metre lease with Tesco Stores Slovakia at Prologis Park Galanta-Gáň. The transaction includes 55,000 square metre new lease of a recently completed build-to-suit facility and a 91,500 square metre lease renewal.

Knight Frank was appointed sole agent to commercialise V.Offices – a project currently under construction by AFI Europe in Kraków – and buildings B and C of the Sportowa Centrum office complex in Gdynia. Knight Frank has also been appointed property manager of the Lobos office building in Kraków, a property is owned by the Lobos Group.

Prologis has fully leased a newly delivered 21,140 sqm speculative facility at Prologis Park Bratislava to a furniture wholesaler. The lease was signed just two months after the building’s completion.

SAP Slovakia, is renting over 3,000 sqm of office space within the Twin City office complex in Bratislava. SAP also included in its new lease contract approximately 120 underground parking spaces. The branch moved from the BBC V office building after having its seat there for the past 10 years.

CTP signed several new leases in Hungary in the first quarter of 2017 which means that construction is now underway in four different locations in the Transdanubia region. The real estate developer, present in Hungary since early 2016, now manages an industrial property portfolio of about 300,000 sqm. 

Prologis announced that it has signed two new lease agreements totalling 12,100 square metres at its second speculative development at Prologis Park Prague-Airport. The park is now 100-percent leased.

Cushman & Wakefield has been appointed as sole letting agent for Astrum Business Park, a Warsaw office complex comprising 30,000 sqm of leasable space, by owner IRYDION Sp. z o.o.

Immofinanz rented approx. 80,000 sqm of office space in Bucharest during the abbreviated 2016 financial year. That represents more than 40% of the total standing office portfolio in Romania. These transactions are expected to increase the occupancy rate in the office sector in Romania from roughly 88% to more than 94%. New rentals and expansions accounted for roughly 47,000 sqm or 60% of the rented space, while the remainder represents contract extensions. 

CA Immo has concluded rental agreements for around 12,000 sqm of office space in Budapest. The agreements include new rentals as well as contract extensions and expansions of existing tenants.

IT Services Hungary, the largest ICT employer of Hungary has decided to move its Budapest site to Skanska’s Mill Park, from Q2 2018 and will occupy approx. 17,300 sqm in the second phase of the complex. In the leasing process, ITSH was advised by Colliers International.