ARTICLES LABELLED WITH TAG office

The share of renegotiations of lease contracts on the Czech office market is increasing, currently hovering at around 50% of all concluded transactions. A growing number of companies are preferably extending their existing lease rather than moving to new premises after their lease expiry, reports Colliers. 

ČEZ has chosen the Smíchov City project of Sekyra Group for its new headquarters. The developer has already started the construction. 

The Romanian commercial real estate market saw a total investment volume of €155.8 million, with UK-based capital accounting for 68% of these deals, according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate.

Colliers has announced that its property management division is set to manage the Victoria Center office building in Bucharest, which has recently been purchased by Solida Capital Europe.

Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.   

The flex office provider New Work is set to open a new location in the Metron office building in Warsaw. The eighth floor of the building will be operated by New Work under a management agreement in a partnership model with the property co-owners, Alides and Aya Properties Fund. The negotiation process was supported by Axi Immo.

The Natland investment group has become a co-investor and partner of WOOD & Co. in the acquisition of the VIVO! shopping centre and myhive office buildings in Bratislava. 

Passerinvest Group has announced strategic investments worth over CZK 20 billion (€796 million) with an ambition to transform the Prague real estate market over the next 20 years. 

Slovenia-based Generali Adriatic Value Fund, managed by Generali Investments and advised by Peakside Capital, has successfully completed the sale of two properties in Ljubljana to Agromarket logistic d.o.o., based in Kragujevac, Serbia.

JTRE has announced the successful signing of senior financing for its flagship green project, Downtown Yards in Bratislava.