ARTICLES LABELLED WITH TAG off-market

News - Office demand in Prague is now at pre-pandemic levels
07
Jun
2022

Office demand in Prague is now at pre-pandemic levels

by Property Forum
The Prague office market in Q1 2022 experienced a further increase in vacancy, across the entire city. However, gross take-up recorded a year-on-year increase of 44% and thus returned to pre-pandemic levels. The increase in prices throughout the city is still felt especially in construction projects, mainly due to rising costs for materials and construction work, reports the Czech branch of Colliers in their regular survey.
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News - Allianz RE buys Budapest office building in off-market deal
05
Jun
2020

Allianz RE buys Budapest office building in off-market deal

by Property Forum
Allianz Real Estate has purchased the Eiffel Square office building in central Budapest from Hungary’s Green Real Estate Development Investment Fund, managed by Equilor Fund Management, in an off market-deal facilitated by JLL. The transaction was signed in May and closed in early June. Even if several investment transactions were derailed by the Q2 lockdown in Hungary, the transaction progressed in line with the original time frame.
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Latest news


New leases

  • Panattoni has signed an agreement with a new tenant for its urban development in Łódź. Olmed, which operates a pharmacy and online drugstore, has taken up 9,500 sqm of space in City Logistics Łódź VI.
  • The Polish subsidiary of Hoerbiger, specialized in precision positioning technologies, has leased 200 sqm in the Warsaw-based SOHO by Yareal. The company will start operations in the new offices this May.
  • 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.

New appointments

  • Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
  • 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.

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