ARTICLES LABELLED WITH TAG office

The Warsaw office market opened in 2025 on a steady footing, with a notable increase in leasing activity and a modest decline in vacancy. While new supply remains constrained, landlords continue to focus on upgrading existing assets and prioritising quality over quantity. The market is entering a phase of selective, demand-driven growth, aligning more closely with the evolving expectations of modern occupiers, says Axi Immo. 

Deutsche Pfandbriefbank AG (pbb) have extended the existing investment facility for Diuna Office Park located in Warsaw, Poland, on behalf of PineBridge Benson Elliot.

Romanian real estate group Pavăl Holding, controlled by the Pavăl brothers, has taken over the Ethos House office building, in northern Bucharest, from Anastasios Gotsis for an undisclosed sum.

Romania’s commercial real estate sector recorded total investment volumes of €169 million during Q1 2025, more than double the volume of the previous quarter and nearly on par with the same period last year, according to a report by CBRE.

In the first quarter of 2025, Warsaw’s modern office stock reached 6.28 million square metres. Only one new project was delivered during this period - the CD Projekt HQ in the East office zone, contributing 5,600 sqm of new supply. The total office space under construction or renovation amounted to approximately 210,000 sqm. Gross demand reached 160,500 sqm, while the vacancy rate slightly decreased to 10.5 per cent quarter over quarter, say experts from Avison Young.

Globalworth and the consortium of banks Helaba and pbb have announced the signing of an agreement extending the bank financing for the office real estate portfolio by an additional 5 years. The initial loan of €100 million was granted in 2018 to finance multiple properties. The financing continues to be secured on a number of assets in Poland: Centrum Biurowe Lubicz, Tryton Business Park and Spektrum Tower.

The total volume of modern office space in Prague has increased to almost 4 million sqm at the end of 2024 with 72,800 sqm completed in the entire year of 2024. However, the situation is going to be even worse in 2025 and 2026, according to the Trend Report 2025 study published by the Association for Real Estate Development. 

In a market environment marked by pricing inelasticity and shifting investor sentiment, Gránit Asset Management has made a significant move with the acquisition of Equilibrium 1, a landmark office building in Bucharest. Property Forum talked to Erik Wafler MRICS, Senior Investment Manager at Gránit Asset Management, to gain deeper insight into the strategic thinking behind this transaction, the challenges of sourcing institutional-grade assets in CEE, and the company’s broader ambitions in the region

Budapest’s office market recorded a slight decrease in total demand during Q1 2025, while net take-up of space rose by almost a quarter, with vacancy rate in stable territory, according to data from the Budapest Research Forum (BRF).

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.