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News Belgians lead investments in Romania’s property sector
28
Aug
2024

Belgians lead investments in Romania’s property sector

by Property Forum
Investors originating from Belgium had the biggest share in Romania’s commercial property sector in the first eight months, according to a Fortim Trusted Advisors study. 
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News Cushman & Wakefield to manage Vibe in Warsaw
28
Aug
2024

Cushman & Wakefield to manage Vibe in Warsaw

by Property Forum
Cushman & Wakefield has been appointed as the property manager of the Vibe office building in Warsaw’s Wola district. 
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News Demand and rents grow in Prague's office market
28
Aug
2024

Demand and rents grow in Prague's office market

by Property Forum
Prague's office market has grown by 4 new buildings in Q2 2024, offering nearly 44,000 sqm of modern class A office space, reports Colliers in its regular quarterly office property market survey. A large part of these properties has found tenants before completion.
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News Wing completes mixed-use project in Budapest
27
Aug
2024

Wing completes mixed-use project in Budapest

by Property Forum
Property investment group Wing has fully completed the Liberty mixed-use project in Budapest after delivering 20,000 sqm of offices in the second phase.
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News Immofinanz sells office project in northern Bucharest
26
Aug
2024

Immofinanz sells office project in northern Bucharest

by Property Forum
Austrian real estate group Immofinanz, part of CPI Property Group, has sold its office complex Iride Park in northern Bucharest for around €45 million. 
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News European offices seem to be coming back to life
26
Aug
2024

European offices seem to be coming back to life

by Property Forum
CBRE's new pan-European survey has confirmed the success of the long-term effort of companies to attract employees back to their offices, with the best results achieved by large companies.
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News Eika Real Estate Fund acquires BIG office buildling in Kraków
22
Aug
2024

Eika Real Estate Fund acquires BIG office buildling in Kraków

by Property Forum
Eika Real Estate Fund (EREF) has acquired the BIG office in Poland, in the central part of Kraków, which is let to State Street Bank. The fund plans to further expand its investments in logistics, offices and retail parks in Poland. The price has not been revealed.
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News CEOs of EnduroSat and Chaos buy office building in Sofia
21
Aug
2024

CEOs of EnduroSat and Chaos buy office building in Sofia

by Property Forum
Raycho Raychev, Founder and CEO of EnduroSat, and Petar Mitev, CEO of Chaos, have teamed up to purchase an office project in Sofia that previously hosted the HQ of Alpha Bank.
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News Regional cities in Poland face problem of ageing office stock
21
Aug
2024

Regional cities in Poland face problem of ageing office stock

by Property Forum
At the end of the second quarter of 2024, more than 40% of offices in the oldest office buildings in Poland’s regional cities remained vacant, with their office markets experiencing stable vacancy rates and subdued development activity, reveals BNP Paribas Real Estate Poland in its latest report.
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News Bratislava sees fewer vacant office space while rents grow
21
Aug
2024

Bratislava sees fewer vacant office space while rents grow

by Property Forum
In the second quarter of 2024, the total office space in Bratislava has reached almost 2.1 million sqm, while the share of vacant offices has decreased, according to the quarterly report of CBRE.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

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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