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News Lack of certification puts any property off the market
27
Feb
2024

Lack of certification puts any property off the market

by Michał Poręcki
Jarosław Fiutowski, Member of the Board responsible for ESG strategy and innovation at Ghelamco Poland, talked to Property Forum about the renewable energy in office buildings,  the awareness of ESG issues among tenants and the related stance of Western investment funds.
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News Regional office markets in Poland attract tenants
23
Feb
2024

Regional office markets in Poland attract tenants

by Property Forum
In 2023, on Poland’s largest eight regional office markets, developers delivered 280,000 sqm (-31% y/y). It’s bringing the sector’s total stock to 6.68 million sqm (+4% y/y). The new supply slightly increased the vacancy rate, stabilizing around 17.5% (+2.2 pp. y/y) at the end of December 2023. The largest concentration of tenant activity was observed in the largest regional office markets, i.e., Kraków, Wrocław, and the Tricity (about 70% of gross demand), where, in total, companies leased about 520,000 sqm out of 750,000 sqm of all signed contracts in 2023, says Axi Immo.
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News What's new in office fit-out? – Balancing budgets and dreams
23
Feb
2024

What's new in office fit-out? – Balancing budgets and dreams

by Property Forum
Demand for lounge-style offices is on the rise across the office world. Fit-out costs have also increased which forces developers and construction companies to prepare projects more thoroughly than before. Property Forum asked Dávid Havas, Development Director at Fitout Zrt. about the latest trends in creating a lovely atmosphere to retain the best employees and use design and build concepts to keep costs low.
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News Prague's office vacancy rate drops with no construction on horizon
22
Feb
2024

Prague's office vacancy rate drops with no construction on horizon

by Property Forum
Although office leasing opportunities are already very limited in Prague, the good news is that Colliers' survey has reported rather stable rental prices throughout the last year.
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News CPIPG sells Concept Tower office building in Warsaw
22
Feb
2024

CPIPG sells Concept Tower office building in Warsaw

by Property Forum
CPI Property Group has sold the Concept Tower office building in Warsaw to Wood & Company Real Estate Fund. The price has not been discolsed.
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News IWG to open three new office units in Budapest
20
Feb
2024

IWG to open three new office units in Budapest

by Property Forum
As demand for flexible workspace continues rising IWG has announced three new openings: Regus Budapest Infopark, HQ Budapest F99 and Regus Szépvölgyi will offer private offices, meeting rooms, co-working and creative spaces.
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News Slovak fund admits risks of commercial properties
19
Feb
2024

Slovak fund admits risks of commercial properties

by Property Forum
After an unprecedented rise in interest rates, the CE REIF fund has reassessed the price of real estate in its portfolio. Last year's loss is reaching almost 30%, reports DennikN.sk. It is the first real estate fund in Slovakia that has admitted the problems of commercial real estate.
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News Stronger demand, lower vacancy – What’s driving Kyiv’s office market?
16
Feb
2024

Stronger demand, lower vacancy – What’s driving Kyiv’s office market?

by Property Forum
Despite the not-very-encouraging forecasts made by experts at the end of 2022, the office market in the Kyiv region in 2023 demonstrated stability and strengthening demand. Iryna Nastych talked to market experts and summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum  
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News PKV expands into new offices by CTP in Brno
15
Feb
2024

PKV expands into new offices by CTP in Brno

by Property Forum
CTP has signed a lease agreement with PKV BUILD, a leading player in energy consulting. Leased premises are currently being built by CTP at its Vlněna office complex in Brno, Czech Republic.
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News Pipeline shrinks in Poland's regional office markets
15
Feb
2024

Pipeline shrinks in Poland's regional office markets

by Property Forum
Although the office development pipeline in Poland’s eight largest regional city markets is clearly shrinking, it is still above that for Warsaw, says BNP Paribas Real Estate Poland in its laterst report. Another notable development of the last quarter of 2023 was that the overall regional vacancy rate hit an all-time high by the end of December.
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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