ARTICLES LABELLED WITH TAG office

CBRE has summarised this year's developments in the Czech commercial real estate market and provides an up-to-date outlook for 2025. The report highlights anticipated investment activity and the evolution of key segments for the upcoming year.

CTP is launching a new project at its T-Park technology campus in Ostrava, Czech Republic. The mixed-use T6 building will create a space that connects the scientific community, innovative start-ups, established companies and students.

Weerts Group, the developer of the Unirii View Tower office building in Bucharest, has secured a credit facility worth €29.5 million from BCR. The funding will be used to refinance a previous loan for the office project's development. 

The Vibe office building, developed by Ghelamco in the business centre of Warsaw, has received BREEAM certification with the highest possible rating of Outstanding.

Skanska’s Warsaw office development – P180 – has been sold to Investika Real Estate Fund and its joint-venture partner, BUD Holdings. The P180 office building, located next to the Wilanowska metro station, offers 32,000 sqm of high-standard office space.

The real estate market in Southeast Europe has been influenced by various crises in recent years, leading to lower investment levels. However, in 2025, a growth in investment activities is expected as a result of lower interest rates. Investors are particularly interested in the Balkans region, especially in Serbia, with the highest demand anticipated for investments in the hotel and residential sectors, while demand for office space is somewhat lower. These are some of the conclusions drawn by participants at the 8th edition of Balkans Property Forum 2024, organized in Belgrade by Property Forum.

The Shire - Beyond Coworking are launching a luxury project in Warsaw’s office services market. Situated in a historic building at 37 Poznańska Street, the project will feature fully equipped, independent, serviced office modules of the highest standard. 

DL Invest Group has taken over the Craft office building in Katowice from Ghelamco and will change its functions. DL Craft will become a multifunctional complex offering premium office space, a hotel, restaurants and a medical clinic. The value of the transaction has not been disclosed.

Only one new office building has been completed in Prague in Q3 of 2024. On the other side, efforts to upgrade some older properties have continued either on an ongoing basis or by temporarily taking them off the market, according to a survey prepared by Colliers. 

In the third quarter of 2024, Poland’s regional city office markets demonstrated stability, though elevated vacancy rates remained a significant challenge, hindering development activity. The combined office stock of the eight key regional cities reached 6.73 million sqm. With 1.82 million sqm of office space, Kraków continued to lead the way, ahead of Wrocław (1.37 million sqm) and Tricity (1.06 million sqm), says BNP Paribas Real Estate.