Enter City Office Park will appear on the hilly side of the Hungarian capital and is expected to be completed in 2023, Építészfórum reports.

While the future of the office industry was unpredictable in the early days of the pandemic, companies are doubling down on their investments in strategic office locations and preparing for a future in which hybrid work could become mainstream. Large employers still see the office as a central pillar of work arrangements and have made strategic acquisitions in the recent period.

S Immo Hungary decided to install more than 400 solar panels on top of the Blue Cube office building. The solar panels will cover 20-25% of the total energy consumption of the office building

Romanian developer One United Properties confirmed that it was looking to sell the main office building within the One North Gate project in northern Bucharest. 

Robert Snincak, Head of Investment Operations CEE and Krystian Pachowka, Head of Logistics Asset Management CEE at CBRE Investment Management talked to Property Forum about the current investment trends in CEE countries, the rise of the warehouse and PRS markets in Poland and the recent changes in financing conditions.

The pandemic has radically changed the way we relate to workspaces, so the way they are designed and conceived must also adapt. Existing office design patterns must either be forgotten or rewritten as it has become clearer and clearer that the rules of the game have changed and fresh creative ideas are needed to overcome challenges in today’s office lives. Looking forward, 6 major trends are defining the offices of the future, according to Genesis Property’s expert, Dan Bondar.

In 2021, CA Immo Poland signed 29 lease agreements for a total of 36,200 sqm office space in Warsaw. The company also finalized the sale of the Wspólna 47-49 office building.

DL Invest Group has leased nearly 80,000 sqm of commercial spaces in 2021. It embraces activities in the office, retail and industrial sectors. The value of assets that belong to the company increased to over PLN 1.5 billion.

Poland’s investment market continued to attract significant investment activity in 2021 with an annual transaction volume of €5.9 billion. A record number (166) of transactions were closed by 80 active investors, according to Avison Young’s annual investment market summary. The company expects that 2022 will see the great comeback of the office sector through increased interest in core and core+ assets in both Warsaw and regional cities.

Cain International, the privately held investment firm operating in the United States and Europe, and its local development partner, White Star Real Estate, have secured a €36 million financing facility from PKO BP, for the delivery of The Park Kraków office complex.