ARTICLES LABELLED WITH TAG office

10
Feb
2021

Occupier activity declines on Warsaw's office market

by Property Forum
In 2020 the coronavirus pandemic pushed Poland into its first recession in 30 years following a GDP contraction of around 2.8%. According to Moody’s forecasts, implications of the second wave of the pandemic will reverberate through the economy also during the first quarter of 2021. The second quarter is, however, likely to see a recovery and this year’s GDP growth is expected to reach approximately 4%. Cushman & Wakefield summarised 2020 on the Warsaw office market.
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09
Feb
2021

Imel Group launches new office development in Belgrade

by Property Forum
Imel Group has started the construction of the Green Escape business complex in New Belgrade’s block 51, right next to the highway. The complex will comprise three plots intended for business and commercial facilities, on which the construction of multifunctional business facilities is planned. The construction of the complex started in December last year, it will be performed in three phases and the total area of ​​the planned facilities is 65,569 sqm.
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09
Feb
2021

Bratislava office building receives WELL Core & Shell Certification

by Property Forum
Twin City Tower, an office building in Bratislava developed by HB Reavis and sold to a South Korean investor in 2019, has been awarded a WELL Core & Shell Certification at the Gold level and it’s the third-largest building in Europe to reach the standard.
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09
Feb
2021

Brugnola buys Jerozolimskie Business Park in Warsaw

by Property Forum
Brugnola, a joint venture of Rida Development and Mack Real Estate Group has bought the office complex from A&T Holdings for an undisclosed sum. Apollo-Rida Poland, the Polish branch of Rida Development will be the investment and property manager of the property.
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09
Feb
2021

Marynarska Point 2 reopens in Warsaw with new look

by Property Forum
JLL has been appointed as the exclusive leasing agent for Marynarska Point 2 in Warsaw. The total area of the 11-floor office building amounts to over 13,000 sqm.
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08
Feb
2021

Relocations dominated Bucharest’s office take-up in 2020

by Property Forum
The office space market in Bucharest registered a total volume of transactions of approximately 240,000 sqm in 2020, a level similar to that of 2015, CBRE data shows.
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04
Feb
2021

Industrial remains Slovakia’s most liquid asset class

by Property Forum
Total commercial real estate investment into the Slovak market amounted to €502 million in 2020, a year-on-year decrease of 27%, according to Cushman  & Wakefield’s market reports for Q4 2020.
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03
Feb
2021

Which office buildings are next for sale in Bucharest?

by Property Forum
2020 was a good year for the Romanian transaction market, with a volume that approached the threshold of €1 billion. Most of the transactions concluded were for office buildings, with a volume of €784 million. Although estimates for 2021 are more modest, we can expect the sale of several important assets to go through this year. Property Forum lists the office buildings in Bucharest that could change owners in the next 12 months.
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02
Feb
2021

CBRE brokers sale of Henkel’s Budapest HQ

by Property Forum
CBRE Hungary has assisted Henkel in the sale of its Budapest headquarters in District 11 of the capital’s Buda side, the company announced on Linkedin. The buyer’s name and the transaction price have not been disclosed. 
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01
Feb
2021

New trends by C&W: hybrid work, flexible spaces and redesigns

by Property Forum
What the future holds for the office market has been one of the hottest topics of debate ever since the pandemic struck. What changes are to be expected in the office sector after the pandemic? Katarzyna Lipka, an expert of Cushman & Wakefield, outlines key trends for 2021 and beyond.
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Latest news


New leases

  • Echo Investment has leased 8.5 thousand sqm of commercial space to the Kaufland chain in the shopping center at Opieńskiego Street. The store will be opened in April 2021.
  • Barbora, the owner of the e-grocery store Barbora.pl, has leased 6,000 sqm of warehouse and office space in Ożarów II Logistics Centre. The tenant was represented during the transaction process by Cushman & Wakefield.
  • The Wola Center office building has two new tenants. Instytut Monitorowania Mediów will take 900 sqm and Moovin, interior finishing company leased 300 sqm. Both deals were signed for 5 years. Wola Center is owned by Hines Polska.

New appointments

  • Olga Szczęsna has joined JLL Poland's Office Agency Department, where she has taken up the position of director. Olga will be responsible for the commercialization of buildings from the Patrizia portfolio, including N21, Metron and G9, as well as the Central Point building, currently under construction in the centre of Warsaw.
  • JLL Romania consolidates its industrial team by recruiting Ciprian Sîrbu in order to provide Supply Chain services on the local market. Ciprian Sîrbu has over 10 years of experience in logistics, e-commerce, and industrial supply chain, completed by 7 years in which he worked in the IT field. His role within JLL is to provide advice to customers in streamlining the supply chain like the need for such services increases.
  • Simona Costache has joined Romanian developer One United Properties as Executive Director, Residential Sales. With 15 years of experience in real estate, Simona has been involved in sales, rental and facility management for residential developers in Bucharest.


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