ARTICLES LABELLED WITH TAG office

JLL has been selected by White Stone Group as property manager for the Celebro office building in Warsaw. The building has already been commissioned for use and its first tenants will relocate to the project in September 2019.

pbb Deutsche Pfandbriefbank provided an investment loan and a VAT facility totalling €52 million to an open-ended special alternative fund managed by Warburg-HIH Invest Real Estate. The fund will use the proceeds for the acquisition of the newly built White House office building in Budapest from developer GTC. pbb acted as arranger and sole lender under the facilities.

MHP Consulting Romania and Speedwell are proud to announce the signing of a new leasing agreement for a 5300 sqm office space in Record Park, a mixed-use project developed by Speedwell in Cluj-Napoca. The transaction was managed by Griffes, the broker entrusted with the commercial strategy and leasing for Record Park since the design stage of the mixed-use development.

Timpuri Noi Square, Vastint Romania’s first project, reaches an occupancy rate of 90% within the 3 buildings situated in Bucharest, leasing more than 47.000 sqm, and welcomes since last year tenants like Bolt (formerly Taxify), Allergan, Exiger and Streamwide, developing a community of more than 3,000 employees.

Savills has been appointed an office and retail leasing adviser for Okrąglak and Kwadraciak, two of the most iconic buildings in Poznań.

The Bucharest office market could have a record year in terms of deliveries in 2019, provided that all the announced projects are finalized on time, a scenario in which modern office spaces with a total area of ​​about 377,000 square meters will have been delivered in the capital city, according to data from Cushman & Wakefield Echinox.

Building H, the eighth element of TriGranit’s Bonarka for Business (B4B), one of the most popular office complexes in Kraków, has been opened. The eight-storey, Class A office building with 9,855 sqm GLA already has a 45% occupancy rate, while the occupancy of Building F has recently reached 100%. So far in 2019, there have been more than 11,000 sqm new leases or lease extensions in the Bonarka office complex. TriGranit is preparing the delivery of two further office projects in the B4B complex, Building I and Building J, each with 10,000 sqm GLA.

Total take-up on Bratialava's office market reached 80,000 sqm, representing a 160% increase over the previous quarter. The Bratislava Research Forum announced the office market figures for Q2 2019.

Zeitgeist Asset Management, a company specializing in development services and asset management for private and institutional investors, purchased two properties in Kraków from Orange. One of them is a historic building at ul. Wielopole 2, where the seat of the Main Post Office is located, the second one is a partially built-up plot at ul. Cystersów 21.

Czech developer UDI Group has purchased a 2 ha plot in Budapest and unveiled its plans to enter the Hungarian market.