ARTICLES LABELLED WITH TAG madalina-marinescu
10
Sep
2025
Sep
2025
Bucharest’s low office costs attract Global Capability Centres
Bucharest is emerging as a primary destination for multinational corporations looking to establish Global Capability Centres (GCCs) due to lower office leasing rates and salary costs, finds a study conducted by Savills and CoreNet Global.
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Latest news
- CEE property investment surges 31% in 2025
- Karimpol Group to deliver Skyliner II building in Q4 2026
- Czech regional office markets show mixed signals in H2 2025
- YIT reports 20% resi sale hike in 2025
- Logicor acquires logistics project near Budapest
- Joint ventures to reshape Poland’s investment landscape
- Nepi Rockcastle completes expansion at Pogoria Shopping Centre
- Kraków office market hits record demand in 2025
- Warsaw office market faces supply shortage
- Surge in pre-leases to signal recovery of Bucharest office market
New leases
- Ingram Micro, the global distributor of IT solutions and mobile devices, has renewed its lease at the MLP Pruszków II logistics center, covering around 8,200 sqm of modern warehouse and office space. The lease deal was brokered by CBRE.
- Schibsted & Vend Polska, a technology hub developing digital platforms, has extended its lease for 2,500 sqm of office space at the High5ive complex in Cracow. Walter Herz supported the tenant in the deal.
- Pasaż Grunwaldzki signed 43 lease agreements in 2025 covering approximately 6,400 sqm, representing 13% of the property's total area. The shopping centre, owned by EPP, extended partnerships with 31 tenants, including MediaMarkt (operating in its new Xpress format), Deichmann, Medicine, home&you, and DOUGLAS. Twelve additional agreements were signed with brands making their debut in the project.
New appointments
- Joanna Leńkowska has been appointed as Workthere Lead at Savills Poland, taking over the role from Thomas Jodar. Leńkowska brings five years of experience in the flexible office sector to the team, having previously worked with WeWork and CitySpace.
- CTP Romania has appointed Diane-Monique Forrest as Business Developer. She will focus on leasing activities in Transylvania, covering key cities such as Timișoara, Arad, Sibiu, and Deva.
- iO Partners has announced the appointment of Róbert Cesnek as Head of Capital Markets in Slovakia, effective from January 2026. In his new role, he will focus on further strengthening market presence, advising clients on complex investment decisions and delivering high-impact transactions across asset classes.
