ARTICLES LABELLED WITH TAG leasing

News Pharma emerges as key driver of Warsaw office market
16
Jun
2025

Pharma emerges as key driver of Warsaw office market

by Property Forum
The pharmaceutical industry has emerged as one of the most significant office occupiers in Warsaw, according to a new report from Cushman & Wakefield. With a footprint of approximately 172,000 sqm, the sector now ranks sixth in terms of total office take-up in the Polish capital, accounting for 5% of all leasing activity between 2020 and 2024.
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News Shell signs record office lease in Polish city
03
Jun
2025

Shell signs record office lease in Polish city

by Property Forum
Shell has renewed its lease at the DOT Park office complex in Kraków, signing for over 22,800 sqm across three buildings. The deal is the largest office lease in Poland in the first half of 2025 and the biggest single office transaction ever recorded in Kraków. Shell has operated at DOT Park since 2015, where its business operations centre employs more than 5,000 people.
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News Budapest sees higher office take-up in Q1 2025
22
Apr
2025

Budapest sees higher office take-up in Q1 2025

by Property Forum
Budapest’s office market recorded a slight decrease in total demand during Q1 2025, while net take-up of space rose by almost a quarter, with vacancy rate in stable territory, according to data from the Budapest Research Forum (BRF).
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News CTP posts record profit of €1.1 billion in 2024
27
Feb
2025

CTP posts record profit of €1.1 billion in 2024

by Property Forum
Industrial developer CTP said its profits reached a fresh high of €1.1 billion during 2024, almost 15% up year-on-year, driven by substantial growth in rental income, leasing activity, and a strong development pipeline.
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News Bucharest office leasing down 20% in 2024
13
Feb
2025

Bucharest office leasing down 20% in 2024

by Property Forum
Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.
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News Evo Properties mixed-use project in Bucharest to host 4-star hotel
12
Nov
2024

Evo Properties mixed-use project in Bucharest to host 4-star hotel

by Property Forum
Evo Properties, the owner of London & Oslo office buildings in Western Bucharest, has reached a 50% lease rate this year and aims to reach an occupancy rate of 85% by the end of 2025. At the same time, it continues to transform the project into a mixed-use hub that will include a premium hotel.
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News CTP’s rental income up 18.2% by Q3 2024
06
Nov
2024

CTP’s rental income up 18.2% by Q3 2024

by Property Forum
Industrial developer CTP recorded a rental income of €488.4 million in the first nine months of the year, up 15.9% y/y, while the annualized rental income amounted to €702 million, with occupancy rate at 93%. 
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News Meta Estate Trust invests in land plot in central Bucharest
04
Nov
2024

Meta Estate Trust invests in land plot in central Bucharest

by Property Forum
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
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News Belgrade-based Sirius Offices reach fully occupancy
18
Oct
2024

Belgrade-based Sirius Offices reach fully occupancy

by Property Forum
Sirius Offices, the 30,000 sqm office complex based in Belgrade’s business district, has reached 100% occupancy with a mixed roster of tenants from finance, IT & telecoms, and construction. 
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News Office deliveries in Warsaw reach 60,000 sqm in H1 2024
13
Aug
2024

Office deliveries in Warsaw reach 60,000 sqm in H1 2024

by Property Forum
New office projects with a combined leasable area of nearly 64,000 sqm were completed during H1 2024, with the volume soaring almost three-and-a-half times compared to the same period of 2023, according to a BNP Paribas Real Estate report.  
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.
  • Oliver Derksen is joining iO Partners Romania as the new Head of Office Advisory, having over 16 years of expertise in office leasing and business development.
  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.

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