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News Immofinanz sings new leases in Budapest
19
Jul
2016

Immofinanz sings new leases in Budapest

by Ákos Budai
Immofinanz has signed several lease agreements since the beginning of the calendar year 2016 accounting for approximately 40,000 sqm of its Hungarian portfolio. Of this figure, prolongation of leases accounts for more than 25,500 sqm, and new and expanded contracts sum up at 14,500 sqm.
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News HB Reavis to join new development project in Bratislava
13
Jul
2016

HB Reavis to join new development project in Bratislava

by Ákos Budai
Award-winning UK architecture practice Make Architects has been appointed to design a state-of-the-art office building in Bratislava’s Central Business District. HB Reavis has been chosen as the development manager of the new mixed-use scheme which will be developed on the site of the current Apollo Business Centre I.
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News Investment volume on the Hungarian market triples over 2015
13
Jul
2016

Investment volume on the Hungarian market triples over 2015

by Ákos Budai
The sharp rebound of the Hungarian real estate investment market witnessed in H2 2015 has gained further momentum during the first half of this year. According to JLL the transaction volume of the first semester reached more than EUR 910 million, already more than during the full 2015 year, highlighting the increasing weight of capital targeting Hungarian assets.
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News GTC buys two office buildings in Poland
07
Jul
2016

GTC buys two office buildings in Poland

by Ákos Budai
GTC has announced the acquisition of Neptun Office Center and Sterlinga Business Center, located in Gdańsk and Łódź respectively. These two Class A office buildings, featuring modern design and a total GLA of 30,000 sqm and 364 parking places, will enrich the Group’s Polish investment portfolio.
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News Warburg-HIH Invest finalises Warsaw investment deal
29
Jun
2016

Warburg-HIH Invest finalises Warsaw investment deal

by Ákos Budai
Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest) has finalised the Sales & Purchase Agreement for the office property Prime Corporate Center in the city centre of Warsaw. The transaction, which took the form of an asset deal, was carried out as a club deal for four separate accounts of German institutional investors. The property has been sold by the Warsaw-based developer Golub GetHouse. The buyer was represented in this transaction by Cushman & Wakefield.
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News Invesco Real Estate sells office building in Warsaw
22
Jun
2016

Invesco Real Estate sells office building in Warsaw

by Ákos Budai
Invesco Real Estate (IRE) has announced the sale of Zaulek Piekna office building on behalf of one of its separate account clients in Germany to GLL Real Estate Partners GmbH.
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News German asset manager KGAL buys office building in Budapest
17
Jun
2016

German asset manager KGAL buys office building in Budapest

by Ákos Budai
German asset and investment manager KGAL has purchased the Eiffel Square office building located in Budapest, representing the largest office transaction in Hungary in 2016 and marking the return of core investors in Hungary. 
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News Property developers in Romania must tackle the future now
15
Jun
2016

Property developers in Romania must tackle the future now

by Ákos Budai
The face of commercial property development in Bucharest has changed a lot over the past decade. Developers, investors, tenants and landlords have come together from all over Romania to talk about the office and retail markets at SEE Property Forum 2016, co-organised by Portfolio Conferences and RICS. We report from Bucharest.   
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News BBH expands in Krakow
15
Jun
2016

BBH expands in Krakow

by Ákos Budai
Global financial services firm Brown Brothers Harriman (BBH) has signed a lease for an additional 7,500 square meters of office space in the Brown Brothers Harriman building at Kraków’s Orange Office Park. Now in Phase III of its building expansion, BBH will occupy over 14,500 square meters. Cushman & Wakefield represented BBH in the negotiations. Wardyński & Partners provided legal advice.
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News Warsaw office development boom continues
10
Jun
2016

Warsaw office development boom continues

by Ákos Budai
The total modern office stock in Warsaw reached 4.75 million sqm at the end of Q1 2016. As much as ca. 75% of this space is located in the central Core and Fringe zones, as well as Upper South and South West. Cushman & Wakefield has published the sixth edition of their Skyline Tracker report, outlining developers’ activity in the Warsaw office market.
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Latest news


New leases

  • ATEM-Polska and a freight forwarding company in the road transportation industry have chosen Gdynia's 3T Office Park office building to locate their branches. They occupy the entire third floor in tower A with a total area of 1,245 sqm.
  • ArchiDoc, a company offering services in the areas of business process digitization BPO, document management and back-office services, has expanded its leased space in the Hillwood Janki Sokołów warehouse centre by 2.9 thousand square meters to 12.6 thousand square meters.
  • Clothing brand Naree is opening its store in Bonarka shopping centre. This is the second store of the Polish brand in Kraków. It occupies an area of 127 sqm.

New appointments

  • Anna Staniszewska has taken the position of Associate Director in the strategic consulting team at CBRE. She has many years of experience in real estate development consulting and analysis of all sectors of the property market in Poland.
  • The Management Board of Answear.com notified that on July 16, 2024, the Supervisory Board elected Wojciech Chabasiewicz as chairman and Arkadiusz Bajołek as vice-chairman of the Supervisory Board.
  • The Board of Directors of Unibep S.A. announced that on July 17, 2024, the company's Supervisory Board passed a resolution to appoint Marcin Hutyra as vice chairman of the company's Management Board for the current seventh joint term, effective July 18, 2024.

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