ARTICLES LABELLED WITH TAG meta
27
Sep
2023
Sep
2023
Meta pays £149 million to get out of London office lease
Facebook parent company Meta has paid £149 million to end a lease contract for the 1 Triton Square office building owned by British Land in London. The move shows that big tech companies are looking to lease less office space as employees adopt the hybrid work system, FT.com reports.
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Latest news
- Romania’s housing completions dip 3.1% in 2025
- AFI Arad achieves LEED Gold for all four retail buildings
- One United Properties enters US market with Nashville land buy
- Bids for Polish commercial assets already higher in 2026 than in 2025
- Echo Investment sells Brain Park A offices in Kraków
- CTP invests over €4 million in IQ Ostrava renovation
- Nhood completes sale of eight Polish shopping centres to Adventum Group
- Panattoni inks 12,500 sqm lease deal with Fabryka Kart Trefl-Kraków
- Falling rates draw investors to CEE. They must hurry as prime city centre sites run out
- Prologis targets 178,000 sqm of new Czech developments in 2026
New leases
- HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
- Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
- A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
New appointments
- Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
