J&T Real Estate is moving forward with the extension of the Eurovea mixed-use complex. The foundation work is progressing and the contractor selection process has concluded.

CPI Property Group announced the purchase of Moniuszki 1A office building in Warsaw. The property was acquired from Catalyst Capital. JLL Poland and Dentons assisted the buy in the transaction.

The Poșta Puișor building in central Bucharest will be transformed into an office building by Forty Management & Investments, a company founded in 2015 by local investors Lucian Azoiței and Tudor Bădițescu, profit.ro has learnt.

Fabryka Kart Trefl-Kraków has appointed Knight Frank to manage its Fabryka Kart office building. The nearly one-hundred-year-old building has been given a new life after the revitalisation completed in 2019. Currently, it is a loft-like building with a total floor area of more than 2,500 square metres.

With the help of Cushman & Wakefield Budapest, a major software development company has rapidly signed a 7,500 sqm pre-lease at Atenor’s Váci Greens Building E. With this new transaction the office building is 40% pre-let 6 months prior to handover. This 40% comprises lease agreements with retail service providers as well, such as a restaurant, a bakery, a drogerie and customer service offices. Cushman & Wakefield’s PDS Team is providing interior design and project management services to the tenant.

Institutional investors expect that so-called ‘green’ lease clauses will be universally implemented in the real estate industry before the end of this decade, according to a new research by Savills Investment Management.

International Investment Bank (IIB) and DOB-68 Zrt. in full accordance with the requirements of the Hungarian legislation signed the documentation on the acquisition of the historic Lánchíd Palota building in Budapest. The building will house IIB’s international headquarters.

CBRE has facilitated the lease of approximately 15,500 sqm of office space to the expanding Prague team of ExxonMobil in Luxembourg Plaza in Prague 3. The 1,200 employees who currently work in two different office buildings will move into the new headquarters in Q1 2022.

In 2019, Poznań saw its total office stock expand by nearly 18% to 564,800 sqm following the delivery of ten office projects totalling 85,700 sqm. Cushman & Wakefield has summarised last year on Poznań’s office market.

Savills has entered into a partnership with the owner of Vipol Plaza and has been acting as a sole letting agent for the office complex since early 2020. The property is located near the new section of Warsaw’s second metro line.