ARTICLES LABELLED WITH TAG office

News - S Immo pulls out of Bucharest office transaction
23
Jun
2020

S Immo pulls out of Bucharest office transaction

by Property Forum
S Immo has reportedly pulled out of the negotiations with developer Skanska for the nearly €100 million acquisition of the Campus 6.2 and 6.3 office buildings in Bucharest, due to COVID-19, profit.ro reports.
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News - Corum Asset Management acquires Warsaw SSC
22
Jun
2020

Corum Asset Management acquires Warsaw SSC

by Property Forum
DSV, a global supplier of transport and logistics services, has closed the sell-and-lease-back transaction with French investor, Corum Asset Management, for the new DSV International Shared Service Centre in Warsaw’s Mokotow Business District. The total leasable area (GLA) of the project is 20,000 sqm. Cushman & Wakefield advised the seller.
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News - Cain International and White Star launch Kraków office project
19
Jun
2020

Cain International and White Star launch Kraków office project

by Property Forum
Cain International, a privately held real estate investment firm operating in Europe and the United States, and its local development partner, White Star Real Estate, have started work on The Park Kraków.
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News - Which way is Poland’s market heading post-COVID-19?
19
Jun
2020

Which way is Poland’s market heading post-COVID-19?

by Property Forum
Before the coronavirus outbreak, Poland was among the fastest-growing economies in the European Union. What’s it like now? In its latest report, Cushman & Wakefield brings an overview of the macroeconomic situation, looks at the impact of the pandemic on each real estate sector and presents economic growth forecasts for Poland.
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News - GalCap acquires Budapest office building from Al Habtoor Group
17
Jun
2020

GalCap acquires Budapest office building from Al Habtoor Group

by Property Forum
GalCap Europe, a real estate asset and investment manager specializing in Austria and Central Europe, has acquired another asset in Budapest for a German pension fund’s portfolio. The Rumbach Center office building now expands the existing CEE portfolio within the investor's specialized fund structure, which is under the administration of 2IP Institutional Investment Partners. It was sold by Dubai-based Al Habtoor Group, one of the MENA region’s most respected conglomerates with interests in hospitality, automotive, real estate and education. The deal was brokered by Colliers in Hungary.
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News - Spanish fund Danube Property plans to exit Romania
17
Jun
2020

Spanish fund Danube Property plans to exit Romania

by Property Forum
Spanish investment fund Danube Property, which acquired four office buildings in Bucharest prior to the 2008 crisis, plans to sell its last asset on the Romanian market, after selling another one during the state of emergency, profit.ro reports.
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News - Waryński Group tops off Warsaw office building
17
Jun
2020

Waryński Group tops off Warsaw office building

by Property Forum
Tenants are to move into the EQ2 office building, developed by Waryński Group, in Q1 2021. The office building has already reached its target heigh, and the completion of construction work has been celebrated with a symbolic topping off ceremony. Walter Herz is responsible for the commercialization of the project
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News - 55,000 sqm Bucharest office complex changes hands
17
Jun
2020

55,000 sqm Bucharest office complex changes hands

by Property Forum
Real estate investment company Arion Green has acquired the Global City office complex located in Pipera from Global City Business Park. The transaction was closed at the end of April.
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News - Atenor launches new office development in South Buda
17
Jun
2020

Atenor launches new office development in South Buda

by Property Forum
Belgian developer Atenor announced the launch of BakerStreet, its fourth project in Budapest. Atenor acquired a 5,711 sqm plot of land located at 18 Hengermalom Road in district XI of Budapest in July 2019 in order to develop a new Class A+ green office project of nearly 18,000 sqm.
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News - Only 40% of employees return to the office in Romania
17
Jun
2020

Only 40% of employees return to the office in Romania

by Property Forum
With the ease of travel restrictions imposed by the COVID-19 pandemic, companies begin to resume their activity in the headquarters located in office buildings, but with only 40% of employees in a first phase, according to a survey of Cushman & Wakefield Echinox.
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Latest news


New leases

  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
  • Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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