ARTICLES LABELLED WITH TAG office

Property developer Atenor delivered its office project Dacia One in central Bucharest at the end of December 2021, roughly five months after selling the building to Pavăl Holding, the owner of Romanian DIY retailer Dedeman. 

The commercial part of Horizon Development’s mixed-use property in downtown Budapest, Szervita Square Building was purchased by Union Investment for one of its institutional real estate funds. The parties agreed not to disclose details of the purchase price.

A survey carried out by professional services firm EY Romania among 40 owners of office buildings shows that 75% of them kept their current rent prices despite negotiations with tenants, while the rest lowered prices. 

CPI Property Group announced that the Group has signed disposals that will raise gross proceeds of about €700 million and net proceeds of about €550 million following repayment of associated asset-level debt.

Property group Globalworth has obtained the WELL Health-Safety Rating for the entire portfolio of almost 500,000 sqm consisting of 15 office buildings in Romania. 

More than 81% of Romanian employees surveyed by Genesis Property think they will be working in a hybrid or office-only system in 2022, while only 11% think their employer will still opt for the team to continue to work remotely starting January. 

Cooperation between Slovak developer Corwin and Czech-Slovak investment company Hartenberg will comprise more than half a dozen real estate projects in Slovakia and Slovenia.    

The construction of a new office building on Budapest’s Róbert Károly Boulevard is about to start, as the owner of the RK60 office building, Raiffeisen Property Holding International (RPHI), has received the building permit for the project.

Skanska aims to cut its emissions by 70% as early as 2030, while more investors are looking for ESG-compliant projects in CEE, Skanska’s Adam Targowski, Environmental Director, Center of Excellence and Aurelia Luca, Executive Vice President Operations Hungary and Romania tell Property Forum in an interview.

Primavera Development and Griffes have announced the launch of the construction of the Muse office building, to be located close to Miorita Fountain, in one of the most reputed office areas in Bucharest. The area offers unrivalled road connectivity and accessibility on DN1, towards both the heart of the city and the airport outskirts but also the high prestige of a historical neighbourhood. The total investment will exceed €16 million and is scheduled to be delivered in 2023.