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News ZenGarden in Budapest reaches 95% occupancy rate
10
Oct
2024

ZenGarden in Budapest reaches 95% occupancy rate

by Property Forum
The ZenGarden office building in Budapest, managed by ConvergenCE, is close to full occupancy as of mid-September, driven by a mix of new leases and renewals.
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News SAP Hungary extends lease for 18,000 sqm in Graphisoft Park
09
Oct
2024

SAP Hungary extends lease for 18,000 sqm in Graphisoft Park

by Property Forum
SAP Hungary has recently renewed its office lease agreement for over 18,000 sqm at Graphisoft Park, where the software company has been present in the past 18 years.
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News Hybrid work to remain major trend in Poland's office market
03
Oct
2024

Hybrid work to remain major trend in Poland's office market

by Property Forum
Global economic transformations are impacting how companies operate and how workplaces are designed. The latest report developed by Walter Herz in collaboration with experts from Workplace, ISS Polska, DECISIVE Szmigiel, Papros, Gregorczyk, and Brill AV Media, outlines the leading trends shaping the development of the office market in Poland.
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News Evo Properties rolls out first reconversion project in Bucharest
03
Oct
2024

Evo Properties rolls out first reconversion project in Bucharest

by Property Forum
Evo Properties has announced the reconversion of the London and Oslo office buildings in Bucharest into a multifunctional hub. 
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News WING has completely transformed Budapest - What are the plans for the coming years?
03
Oct
2024

WING has completely transformed Budapest - What are the plans for the coming years?

by Gergely Ditróy
Over the last two and a half decades, a lot has changed in the Hungarian real estate market. Spectacular investments have shaped the image of the capital, while the modern real estate market as we know it today has gradually emerged. The biggest players were already present in the late 90s, including WING, which is 25 years old this year. During this time, the group has undergone dynamic changes, reflected not only in its developments in Budapest but also in its presence on international markets. We talked to Noah Steinberg, CEO of WING Group and Chairman of the Supervisory Boards of Echo Investment in Poland and Bauwert in Germany, about the main challenges of the past 25 years, the strategy that has been most effective in addressing them and the plans the group has for the next 25 years.
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News AFI Europe opens new coworking centre in Prague
02
Oct
2024

AFI Europe opens new coworking centre in Prague

by Property Forum
Developer AFI Europe is launching a new coworking centre on the ground floor of the AFI Home Kolbenova 1 rental residence in the AFI City district in Vysočany, Prague 9. Coworking spaces as part of the rental project are among the developer's domestic innovations.
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News Strong leasing activity continues in Metropolitan Warszawa
02
Oct
2024

Strong leasing activity continues in Metropolitan Warszawa

by Property Forum
The Metropolitan Warszawa office building reported that 18,000 sqm of new lease agreements and extensions had been signed. Leases include blue-chip tenants such as HP, LCP Properties, Green Holding Group and others including a leading global consulting firm and a world leader in the energy and chemical sectors.
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News Global Vision launches new division focused on technology and innovation
02
Oct
2024

Global Vision launches new division focused on technology and innovation

by Property Forum
Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects. 
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News Prague moves ahead in new district development
30
Sep
2024

Prague moves ahead in new district development

by Property Forum
The Prague City Council has approved the next step in the investment preparation of the mixed-use project at the corner of Durychova and Libušská Streets in Prague 4. The development managed by Pražská Developerská Společnost (PDS) is in the centre of the new city district Nové Dvory and above the new subway station on line D. 
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News Santander Bank Polska leases 24,000 sqm in Warsaw
30
Sep
2024

Santander Bank Polska leases 24,000 sqm in Warsaw

by Property Forum
Santander Bank Polska, one of the largest financial groups and the largest bank with private capital in Poland, has become an anchor tenant of The Bridge, which is being built in the business center of Warsaw. The bank has signed a lease agreement with the developer and investor of the building – Ghelamco – for an area of approximately 24,500 sqm (nearly 21,000 sqm of usable area). This is the largest transaction on the Polish office market since 2022.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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